$679,578
SOLD MAY 22, 2018

8424 Midnight Pass Rd Sarasota, FL 34242

3 Beds
2.5 Baths
3,670 Sq Ft
0.99 Acres

Recently Sold

$185 Per Sq Ft

11% Below List Price

27 Days on Market

Highlights

  • In Ground Pool
  • 0.99 Acre Lot
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Canal View
  • Wood Flooring

About This Home

As of May 2024

1 acre siesta key estate with majestic oaks & pines, partial gulf view from upper Level, panoramic view of herons lagoon at the widest point. Custom one of a kind and multiple levels, soaring ceilings, great sunsets, fixer, water damaged, enter at your own risk!

Last Agent to Sell the Property

April Feeser

REALHOME SERVICE & SOLUTIONS INC License #3406479 Listed on: 02/01/2018

Last Buyer's Agent

Vivian Iskander

REAL BROKER, LLC License #3320093

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,361

Year Built

  • Built in 1988

Lot Details

  • 0.99 Acre Lot
  • Property fronts a saltwater canal
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Siding

Interior Spaces

  • 3,670 Sq Ft Home
  • Great Room
  • Wood Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,361

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other, Siding
  • Fireplace: Yes
  • Living Area: 3670
  • Lot Size Acres: 0.99
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 5240
  • Lot Size Sq Ft: 43194
  • Directions to Property: From north on Midnight Pass Rd towards Heron Lagoon Cir .Destination will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560066&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5560066&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.89395
  • Price per Sq Ft: 185.17
  • Close to Original List Price Ratio: 0.89395
  • Ratio: Current Price\Building Area Total: 129.69
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: 4180

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Other, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Street Number Modifier: 8424
  • Room Count: 3
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Canal
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 1
  • Water Frontage Feet Canal Salt: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RE2
  • Parcel Number: 0128100012
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13361
  • Tax Block: F
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
May 24, 2024
Sold by
Eskalis Hany M
Bought by
Kichi Navid and Kichi Jesse
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Jesse Kichi
KELLER WILLIAMS ON THE WATER S
List Price
$2,395,000
Sold Price
$2,000,000
Premium/Discount to List
-$395,000
-16.49%
Views
67
Current Estimated Value
$2,357,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,812
Avg. Annual Appreciation
13.72%
Original Mortgage
$1,100,000
Outstanding Balance
$1,085,247
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,272,565

Purchase Details

Listed on
Feb 1, 2018
Closed on
May 16, 2018
Sold by
Citybank Na
Bought by
Fasklis Hany M
Seller's Agent
April Feeser
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Vivian Iskander
REAL BROKER, LLC
List Price
$760,200
Sold Price
$679,578
Premium/Discount to List
-$80,622
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%

Purchase Details

Closed on
Jan 20, 2015
Sold by
Diamond Harvey and Coriell Toby
Bought by
Citibank Na

Purchase Details

Closed on
Nov 29, 1994
Sold by
Diamond Marilyn
Bought by
Diamond Harvey
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 Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Special Warranty Deed $713,600 Attorney
Trustee Deed $700,201 None Available
Quit Claim Deed $217,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $1,100,000 Negative Amortization
Previous Owner $800,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $2,000,000 -16.5% $439 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $2,395,000 +252.4% $526 / Sq Ft
05/22/2018 05/22/18 Sold $679,578 -10.6% $185 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $760,200 -- $207 / 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 $20,279 $1,759,113 -- --
2023 $20,279 $0 $0 $0
2022 $19,845 $0 $0 $0
2021 $14,624 $1,173,430 $0 $0
2018 $9,805 $737,700 $644,300 $93,400
2017 $14,152 $1,005,700 $629,000 $376,700
2016 $15,376 $1,136,000 $732,000 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5560066

Stellar MLS

APN: 0128-10-0012