NOT LISTED FOR SALE

8776 Midnight Pass Rd Unit 207C Sarasota, FL 34242

Estimated Value: $541,582 - $1,101,000

2 Beds
2 Baths
1,448 Sq Ft
$517/mo HOA Fee

Last Sold February 28, 2012

Last sale price $370,000 $256 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,613/month

134 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Fitness Center
  • Phillippi Shores Elementary School Rated A
  • Deeded Boat Dock
  • Heated Pool

About This Home

As of February 2012

GREAT VALUE FOR THIS BEAUTIFUL RESIDENCE. Gulf view! End Unit makes this home light and bright. Tile flooring throughout. Solid surface counter tops. Plantation Shutters!There is nothing unkempt about this attentively cared for condominium. 2 roomy bedrooms, and laundry in residence. Glassed lanai adds to the square footage. Carport close to your front door. SMALL PET WELCOME! Friendly community offers 2 heated pools, 3 lit tennis courts, boat docks (lifts allowed), gas grills, fitness room, billiards, card room, saunas, car wash area, kayak racks, bike storage, fishing dock, club house, table tennis and FREE WI-FI., AND TROPICAL gardens throughout this Gulf to Bay community. Minutes to 3 of Siesta Key's favorite restaurants. Become a Sunset watcher at Island Reef on Siesta Key.

Last Agent to Sell the Property

Marlene Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3113521 Listed on: 09/22/2011

MICHAEL SAUNDERS & COMPANY

Co-Listed By

George Marshall

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-349-3444 License #3033598

Last Buyer's Agent

Tom ZAHN

LIMBO COMPANY SARASOTA ASSOC License #3007275

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,953

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $517 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Pool

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Rods
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Sauna
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Guest Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Pool
  • Spa
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Deeded Boat 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
  • Cable TV Available

Listing and Financial Details

  • 1-Month Minimum Lease Term
  • Tax Lot C207
  • Assessor Parcel Number 0129071060

Community Details

Overview

  • Association fees include cable TV, electricity, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Island Reef Home Owers Assoc. 349 2844 Association
  • Island Reef Community
  • Island Reef I Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,953

Year Built

Built in 1975

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • HOA Fee Includes: Cable TV, Electricity, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1448
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1448
  • Status: Sold
  • Co List Office Mls Id: MFR281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 134.52
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 255.52
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,End Unit,Mid Rise
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Fishing,Water Access
  • Attribution Contact: 941-349-3444
  • Tax Year: 2010
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Rods, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Inside Utility,Storage Rooms
  • Living Area Meters: 134.52

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Auto Cleaner, Heated
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Beach - Access Deeded,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Fishing Pier,Sailboat Water
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
  • Association Name: Island Reef Home Owers Assoc. 349-2844
  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None
  • Condo Fees: 1550
  • Max Pet Weight: 30

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: 0129071060
  • Additional Parcels: No
  • Lot Features: In County
  • Future Land Use: 0404

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-02-28T00:00:00.000

Tax Info

  • Tax Annual Amount: 4953
  • Tax Book Number: 0009/0001
  • Tax Lot: C207

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2011
Closed on
Feb 28, 2012
Sold by
Wyman Kenneth R and Wyman Phyllis M
Bought by
Morrell Calvin G and Morrell Cheryl L
Seller's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Tom ZAHN
LIMBO COMPANY SARASOTA ASSOC
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$749,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,396
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Sep 4, 2003
Sold by
Faust Karin and Schroeter Karin
Bought by
Wyman Kenneth R and Wyman Phyllis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Morrell Calvin G $370,000 Attorney
Wyman Kenneth R $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wyman Kenneth R $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2012 02/28/12 Sold $370,000 0.0% $256 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
09/22/2011 09/22/11 For Sale $370,000 -- $256 / 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 $1,663 $424,988 -- --
2023 $6,351 $500,700 $0 $500,700
2022 $1,623 $447,600 $0 $447,600
2021 $4,992 $319,300 $0 $319,300
2020 $4,822 $299,800 $0 $299,800
2019 $4,882 $308,200 $0 $308,200
2018 $0 $358,800 $0 $358,800
2017 $5,576 $358,800 $0 $358,800
2016 $5,001 $358,800 $0 $358,800
2015 $4,894 $341,700 $0 $341,700
2014 $5,234 $281,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3949093

Stellar MLS

APN: 0129-07-1060