NOT LISTED FOR SALE

8533 Midnight Pass Rd Sarasota, FL 34242

Estimated Value: $1,941,000 - $6,245,906

3 Beds
2.5 Baths
2,865 Sq Ft
$1,611/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $975,000 $340 Per Sq Ft

Est. 373% increase in value since last sale

Current estimated payment $31,879/month

Highlights

  • 70 Feet of Waterfront
  • White Water Ocean Views
  • Boat Slip Deeded
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • Custom Home

About This Home

As of June 2019

The Bayfront house, with its own gate and together with covered porches and outdoor spaces, is wonderfully tranquil and the 3 bedrooms and 2 and one-half baths are perfect for guests or extended family. The house was designed to fit comfortably within the natural surroundings and absorb views from every angle, whether waterfront or focused on the manicured grounds.

Last Agent to Sell the Property

Joel Schemmel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3060476 Listed on: 05/14/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jim Soda

LIMBO COMPANY SARASOTA ASSOC License #0706056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,628

Year Built

  • Built in 1986

Lot Details

  • 9,880 Sq Ft Lot
  • 70 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Property is zoned RE2

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Woods

Home Design

  • Custom Home
  • Bi-Level Home
  • Shingle Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 2,865 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Boat Slip Deeded
  • Deck
  • Wrap Around Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Siesta Beach Community
  • Siesta Key Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,628

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 2865
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 4156
  • Lot Size Sq Ft: 9880
  • Directions to Property: Left on Midnight Pass Rd. off of Stickney Point. Follow until reaching property on Bay side of the street walled and gated.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436087&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436087&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90698
  • Price per Sq Ft: 340.31
  • Close to Original List Price Ratio: 0.90698
  • Ratio: Current Price\Building Area Total: 234.6
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Parquet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Street Number Modifier: 8533
  • Room Count: 5
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Rear Porch, Wrap Around
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Waterfront Frontage: 70
  • Water Frontage Feet I C W: 35
  • Water Frontage Feet Bay Harbor: 35

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0128160002
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: .

Tax Info

  • Tax Annual Amount: 13628
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Lacy John W and Lacy Sharon M
Bought by
Lahners William and Lahners Crystal
Total Days on Market
0
Current Estimated Value
$4,614,635

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 18, 2019
Sold by
Furen Michael J
Bought by
Lacy John W and Lacy Sharon M
Seller's Agent
Joel Schemmel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jim Soda
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,075,000
Sold Price
$975,000
Premium/Discount to List
-$100,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.63%

Purchase Details

Closed on
May 31, 2000
Sold by
Stafford William A and Stafford Christina C
Bought by
Furen Michael J
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
Lahners William $19,640 Accommodation
Lacy John W $975,000 Attorney
Furen Michael J $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacy John W $3,078,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $975,000 -9.3% $340 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $1,075,000 -- $375 / 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 $72,887 $6,002,100 $1,728,400 $4,273,700
2023 $72,887 $6,201,100 $1,862,200 $4,338,900
2022 $17,488 $1,671,200 $1,667,400 $3,800
2021 $15,104 $1,285,500 $1,283,400 $2,100
2020 $13,034 $1,019,600 $1,017,400 $2,200
2019 $11,333 $870,500 $621,200 $249,300
2018 $13,628 $1,054,600 $798,000 $256,600
2017 $14,069 $1,071,000 $798,000 $273,000
2016 $14,156 $1,053,200 $789,900 $263,300
2015 $14,877 $1,079,500 $821,600 $257,900
2014 $14,378 $972,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4436087

Stellar MLS

APN: 0128-16-0002