NOT LISTED FOR SALE

Island Reef 8773 Midnight Pass Rd Unit 302G Sarasota, FL 34242

Estimated Value: $556,714 - $695,000

2 Beds
2 Baths
1,303 Sq Ft
$517/mo HOA Fee

Last Sold April 01, 2013

Last sale price $329,000 $252 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,456/month

26 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Heated Indoor Pool
  • Contemporary Architecture

About This Home

As of April 2013

This absolutely pristine and beautifully decorated condo is located at the South end of Siesta Key. The Island Reef community is a beach to bay complex with amenities that include 2 heated pools, lighted tennis ounts, boat dockage, on site managment and maintenace. A relaxing and active lifestyle enjoyed by all.

Last Agent to Sell the Property

Kathleen Ucci

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #0646799 Listed on: 01/07/2013

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Bruce Meyer

MICHAEL SAUNDERS & COMPANY License #3021422

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,704

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $517 Monthly HOA Fees

Property Views

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Breakfast Room
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • 1 Carport Space
  • Assigned Parking

Pool

  • Heated Indoor Pool
  • Spa
  • Child Gate Fence
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • First Come-First Served Dock
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef Subdivision
  • Association Owns Recreation Facilities
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Shuffleboard Court

Pet Policy

  • Pets Allowed
  • 1 Pet Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,704

Year Built

Built in 1981

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1421
  • Directions to Property: Stickney Point Rd - South on Midnight Pass to 8773 on bayside of Island Reef.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 3
  • List Office Head Office Key Nume: 1037329
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 252.49
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Mid Rise
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-364-4000
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Intercom, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds
  • Street Number Modifier: 8773
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate
  • Living Area Meters: 121.05
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Pool Features: Auto Cleaner, Child Safety Fence, Heated, Indoor
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Tennis Court
  • Water Body Name: INTRACOASTAL WATERWAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Beach - Access Deeded,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, In Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Private, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Laundry, Security, Shuffleboard Court, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required
  • Building Name Number: ISLAND REEF
  • Condo Fees: 1550

Fee Information

  • Total Annual Fees: 6200.00
  • Total Monthly Fees: 516.67

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081047
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0404

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No, Yes
  • Expected Lease Date: 2013-04-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 3704
  • Tax Book Number: 0011/0034
  • Tax Lot: 302-G

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Apr 1, 2013
Sold by
Napier Larry W and Napier Nancy
Bought by
Shafer Stanley R and Shafer Mary E
Seller's Agent
Kathleen Ucci
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bruce Meyer
MICHAEL SAUNDERS & COMPANY
List Price
$368,000
Sold Price
$329,000
Premium/Discount to List
-$39,000
-10.6%
Current Estimated Value
$656,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,684
Avg. Annual Appreciation
5.86%

Purchase Details

Closed on
Jan 22, 2002
Sold by
Lawless Ferdinand Russell and Lawless Ferninand Linda Jomlel
Bought by
Napier Larry W and Napier Nancy

Purchase Details

Closed on
Nov 20, 2000
Sold by
Schreier Robert Paul
Bought by
Ferdinand Russell and Lawless Linda Jomel
Source: Public Records

Range of Values:

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Sold Price
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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
Shafer Stanley R $329,000 Attorney
Napier Larry W $320,000 --
Ferdinand Russell $96,700 --
Ferdinand Russell $96,700 --
Ferdinand Russell $96,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Stanley R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2013 04/01/13 Sold $329,000 -5.7% $252 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
01/23/2013 01/23/13 Price Changed $349,000 -5.2% $268 / Sq Ft
01/07/2013 01/07/13 For Sale $368,000 -- $282 / 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 $3,738 $324,984 -- --
2023 $3,738 $315,518 $0 $0
2022 $3,623 $306,328 $0 $0
2021 $3,617 $297,406 $0 $0
2020 $3,624 $293,300 $0 $293,300
2019 $3,665 $300,000 $0 $300,000
2018 $3,793 $311,457 $0 $0
2017 $3,775 $305,051 $0 $0
2016 $3,776 $311,500 $0 $311,500
2015 $3,844 $296,700 $0 $296,700
2014 $3,861 $249,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathleen Ucci

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 302-2344

    11 in this area

    17 Total Sales

    Section Image
  • Bruce Meyer

    Buyer's Agent in 2013

    Bruce Meyer

    Michael Saunders

    (941) 266-8152

    39 Total Sales

    Section Image
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About Island Reef

Map

Source: Stellar MLS

MLS Number: A3971143

Stellar MLS

APN: 0129-08-1047

Florida Sarasota County Sarasota 34242

8773 Midnight Pass Rd Unit 302G, Sarasota, FL

This home is located at 8773 Midnight Pass Rd Unit 302G, Sarasota, FL 34242 since 07 January 2013 and is currently estimated at $627,179, approximately $481 per square foot. This property was built in 1981. 8773 Midnight Pass Rd Unit 302G is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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