NOT LISTED FOR SALE

8779 Midnight Pass Rd Unit 103H Sarasota, FL 34242

Estimated Value: $552,600 - $648,000

2 Beds
2 Baths
1,303 Sq Ft
$633/mo HOA Fee

Last Sold April 19, 2019

Last sale price $418,000 $321 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,376/month

16 Days on Market

Highlights

  • Waterfront Community
  • Boat Ramp
  • Private Beach
  • Phillippi Shores Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Dock made with wood

About This Home

As of April 2019

Price reduced! Now is the time to own a turn-key unique beach to bay property on world famous siesta key. Welcome to your island paradise, turn key furnished and ready for you. Enjoy bay views from the lanai or the private beach on the Gulf of Mexico side. Situated away from traffic noise, this unit was renovated a few years ago and includes raised panel cabinetry, granite counters, and upgraded brand new stainless steel appliances in December 2018. Flooring includes ceramic tile in bathrooms, carpet in bedrooms and quality laminate wood flooring in the living room and the kitchen which is durable and easy to maintain. Situated very convenient to the community grill, picnic area and boat dock, with your assigned carport conveniently located just in front of the unit. Enjoy your morning coffee on the lanai while admiring the lush landscaping and enchanting bay view. Strolling down to the dock while watching the birds or jumping fish in the morning sun is a meditation in itself. The condo grounds are impeccably kept and owners have full access to all facilities on both the bay and gulf sides of Island Reef. Just to name a few of the facilities included are two swimming pools and picnic areas, private beach access, boat docs, kayak racks, tennis courts and a game room. Nearby you will enjoy 3 restaurants – Turtle Beach Grill, Turtles Restaurant both have a relaxed atmosphere, while Ophelia’s on the Bay is a more formal dining experience with an exquisite cuisine.

Last Agent to Sell the Property

Tiffany Nisbet

RE/MAX ALLIANCE GROUP License #3337325 Listed on: 02/23/2019

RE/MAX ALLIANCE GROUP

Co-Listed By

Dan Fairchild

DALTON WADE INC License #3305730

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1980

Lot Details

  • Private Beach
  • South Facing Home

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Turnkey
  • Stem Wall Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,303 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Fishing Pier
  • No Fixed Bridges
  • First Come-First Served Dock
  • Dock made with wood
  • Open Dock
  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, trash
  • Island Reef Owners Association, Phone Number (941) 349-2844
  • Mid-Rise Condominium
  • Island Reef Community
  • Island Reef II Ph 1 2 & 3 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Small pets allowed

Additional Features

  • Elevator
  • Fire Resistant Exterior

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,569

Year Built

Built in 1980

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1303
  • New Construction: No
  • Year Built: 1980
  • Directions to Property: Midnight Pass south from Stickney Point to Island Reef, bayside, right turn to second building. There is only 1 parking space in front of unit, guest parking by west end of first building. Do not park in any other units space. Please inform your clients.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428422&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4428422&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.97436
  • Price per Sq Ft: 320.8
  • Close to Original List Price Ratio: 0.93096
  • View: No
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Shades
  • Street Number Modifier: 8779
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor, Beach - Private, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Slip 1st Come, Dock - Wood, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0207F
  • Additional Water Information: Island Reef community has frontage on Sarasota Bay and the Gulf of Mexico, with boat dockage on bayside. Boat dockage is first come first served, with ample open dock space immediately. Community also offers kayak and canoe livery on bayside.
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Exhaust Fans
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Elevator(s), Maintenance, Pool, Private Boat Ramp, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Island Reef Owners Association
  • Phone: 941-349-2844
  • Association: Yes
  • Security: Fire Resistant Exterior
  • Senior Community: No
  • Condo Fees: 1900
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 633
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7600
  • Total Monthly Fees: 633.33

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0129081066
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: Application and approval required
  • Num Timesper Year: 8
  • Pet Restrictions: please refer to Condo Docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application and approval required

Tax Info

  • Tax Annual Amount: 4569
  • Tax Book Number: 11-34
  • Tax Lot: 103H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Apr 19, 2019
Sold by
Critchfield Donald E and Critchfield Anna R
Bought by
Weinstein James N and Weinstein Patricia B
Seller's Agent
Tiffany Nisbet
RE/MAX ALLIANCE GROUP
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$449,000
Sold Price
$418,000
Premium/Discount to List
-$31,000
-6.9%
Current Estimated Value
$614,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,400
Avg. Annual Appreciation
6.20%
Original Mortgage
$250,800
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2010
Sold by
Critchfield Donald E and Critchfield Anna R
Bought by
Critchfield Donald E and Critchfield Anna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1999
Sold by
Craigle Charles
Bought by
Cox Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.77%

Purchase Details

Closed on
Sep 26, 1997
Sold by
Manfredi Mario G and Manfredi Patricia N
Bought by
Craigle Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

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Average Value
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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
Weinstein James N $418,000 Attorney
Critchfield Donald E -- Alliance Group Title Llc
Critchfield Donald E $325,000 Alliance Group Title Llc
Cox Robert F $185,000 --
Craigle Charles $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weinstein James N $251,000
Closed Weinstein James N $250,800
Previous Owner Critchfield Donald E $162,500
Previous Owner Cox Robert F $140,568
Previous Owner Cox Robert F $148,000
Previous Owner Craigle Charles $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $418,000 -2.6% $321 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $429,000 -4.5% $329 / Sq Ft
02/22/2019 02/22/19 For Sale $449,000 -- $345 / 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 $5,978 $441,759 -- --
2023 $5,978 $533,700 $0 $533,700
2022 $5,447 $477,700 $0 $477,700
2021 $4,479 $331,900 $0 $331,900
2020 $4,360 $316,200 $0 $316,200
2019 $4,814 $356,300 $0 $356,300
2018 $4,569 $337,700 $0 $337,700
2017 $4,644 $337,700 $0 $337,700
2016 $4,741 $337,700 $0 $337,700
2015 $4,646 $321,600 $0 $321,600
2014 $4,533 $270,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Nisbet

    Seller's Agent in 2019

    Tiffany Nisbet

    RE/MAX

    (941) 809-0889

    5 in this area

    39 Total Sales

    Tiffany Nisbet
    Section Image
  • Dan Fairchild

    Seller Co-Listing Agent in 2019

    Dan Fairchild

    DALTON WADE INC

    (941) 920-0441

    20 Total Sales

    Dan Fairchild
    Section Image
  • Marlene Marshall

    Buyer's Agent in 2019

    Marlene Marshall

    Michael Saunders

    (941) 539-8850

    38 in this area

    45 Total Sales

    Marlene Marshall
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4428422

Stellar MLS

APN: 0129-08-1066

Florida Sarasota County Sarasota 34242

8779 Midnight Pass Rd Unit 103H, Sarasota, FL

This home is located at 8779 Midnight Pass Rd Unit 103H, Sarasota, FL 34242 since 23 February 2019 and is currently estimated at $614,400, approximately $471 per square foot. This property was built in 1980. 8779 Midnight Pass Rd Unit 103H 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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