NOT LISTED FOR SALE

8407 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $2,717,688 - $3,118,000

4 Beds
3 Baths
2,873 Sq Ft
$1,022/Sq Ft Est. Value

Last Sold March 03, 2014

Last sale price $1,650,000 $574 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $18,671/month

58 Days on Market

Highlights

  • 77 Feet of Waterfront
  • White Water Ocean Views
  • Deeded Boat Dock
  • Phillippi Shores Elementary School Rated A
  • Parking available for a boat
  • Boat Lift

About This Home

As of March 2014

On nearly half an acre, this gated and walled Siesta Key bay front estate is situated in a very private and stunning setting on nearly 75' on Little Sarasota Bay. Upon entering through the gates, a beautiful paver driveway leads you to a tranquil waterfall perfectly located by the double entry doors. This elevated home was completely recreated showcasing the finest appointments & was masterly planned to include newer plumbing/wiring/windows/metal roof and much more with completion in 2000. The spacious living room features volume ceilings and expansive terrace overlooks the pool and bay. The dining room is adjoined by the gourmet kitchen presenting the finest maple wood cabinets, granite counter tops and high end appliances. The master retreat is separate from the other rooms offering a sitting area and a delightful master bath for quiet enjoyment. Among the other highlights are multiple terraces, a private en-suite on the upper level, Brazilian cherry and porcelain floors, storm shutters, central vacuumsystem and mature landscaping. Most rooms have a view of the heated pool and spa providing generous space to entertain guests. This private paradise is a boater's dream featuring two large docks with lifts that can accommodate up to a 37' & 21' boat outfitted with seating ideal for fishing or gazing at the Intracoastal Waterway, fresh water to dock & electric. The lower level offers abundant storage and contains a 3-car garage. Siesta Key beach is minutes away which makes this a perfect spot in paradise.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3066979 Listed on: 11/08/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Denise Assersohn

FLORIDA RESORT REALTY LLC License #626583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,195

Year Built

  • Built in 1986

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 75x269x77x245
  • 77 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Dog Run
  • Fenced
  • Well Sprinkler System
  • Oak Trees

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • Portico
  • Workshop in Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Custom Home
  • Elevated Home
  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Stucco

Interior Spaces

  • 2,873 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Storage Room
  • Inside Utility
  • White Water Ocean Views
  • Crawl Space

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Access to Bay or Harbor
  • Boat Lift
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Location

  • Flood Zone Lot

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Siesta Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0128100018

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,195

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2873
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 5849
  • Lot Size Sq Ft: 20476
  • Directions to Property: US 41 south to west on Stickney Point Road to left (south) on Midnight Pass Road to 8407 on the east side of road.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 574.31
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-383-7591
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Dumbwaiter, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Tankless Water Heater, Trash Compactor, Washer, Water Softener Owned
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 8407
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 266.91
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Other Structures: Kennel/Dog Run, Storage
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Dog Run, Hurricane Shutters, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LITTLE SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Lift
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 77

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat, Garage Door Opener, Portico, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: S
  • Parcel Number: 0128100018
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, In County
  • Lot Dimensions: 75x269x77x245
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2014-03-03T00:00:00.000

Tax Info

  • Tax Annual Amount: 15195

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Feb 26, 2014
Sold by
Sweeney John E and Sweeney Caryl M
Bought by
Appleyard Andrew P and Appleyard Jayne E
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Denise Assersohn
FLORIDA RESORT REALTY LLC
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%
Total Days on Market
58
Current Estimated Value
$2,936,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,563
Avg. Annual Appreciation
5.30%
Original Mortgage
$990,000
Outstanding Balance
$772,512
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,179,262

Purchase Details

Closed on
Nov 4, 1997
Sold by
Harris Albert and Harris Marlene L
Bought by
Sweeney John E and Sweeney Caryl M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Appleyard Andrew P $1,650,000 Attorney
Sweeney John E $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appleyard Andrew P $990,000
Previous Owner Sweeney John E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2014 03/03/14 Sold $1,650,000 -5.7% $574 / Sq Ft
01/06/2014 01/06/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $1,750,000 -- $609 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,983 $2,411,400 $1,696,000 $715,400
2023 $26,983 $2,689,700 $1,824,800 $864,900
2022 $24,046 $2,326,500 $1,578,700 $747,800
2021 $19,990 $1,702,000 $1,180,900 $521,100
2020 $16,937 $1,302,100 $888,800 $413,300
2019 $15,734 $1,213,200 $779,900 $433,300
2018 $17,980 $1,392,800 $973,600 $419,200
2017 $19,010 $1,449,700 $973,600 $476,100
2016 $18,982 $1,411,000 $963,900 $447,100
2015 $19,330 $1,399,800 $957,200 $442,600
2014 $15,910 $1,155,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3987523

Stellar MLS

APN: 0128-10-0018