$620,000
SOLD JUN 24, 2019
2 Beds
2 Baths
1,729 Sq Ft
$400/mo HOA Fee

Recently Sold

$359 Per Sq Ft

8% Below List Price

111 Days on Market

Highlights

  • Public Boat Ramp
  • Property fronts gulf or ocean
  • Fitness Center
  • Booker High School Rated A-
  • Access To Intracoastal Waterway
  • 3-minute walk to Central Broadway Park

About This Home

As of September 2022

Breathtaking panoramic views of the Bay, Ringling Bridge and the Gulf of Mexico are yours to enjoy from the 8th floor of Condo on the Bay. Watch sunsets from your kitchen, dining room, living room, bedroom or from one of your 2 balconies. Have coffee on a balcony in the morning or your wine at night while watching magnificent sea birds in flight. The expansive windows make the walls visually fall away leaving nothing but the view. This 1729 sf Van Gogh unit is ample for entertaining. The floors gleam in the sun pouring through the windows in this light and bright unit. Enjoy a dip in the pool at the waters edge, perfect for sunbathing, dolphin and manatee watching. Put your kayak in for an evening paddle from the private boat dock or take your boat out and fish to your heart’s content. Various sized docks are available. Not a boater? Play pickle ball or tennis on one of 2 lit courts or work out in one of the gyms. Walk to dinner at the Hyatt or Ritz Carlton, and then to a concert at the Van Wezel! This fabulous location is tucked away in its own gated peninsula- 9 acres of waterfront playground in the heart of the city. Nothing can be built in front of you to obstruct your views. You are only 4 mi. from the Sarasota Bradenton International Airport, 3 mi. from St. Armands Circle, 3.5 mi. from Lido Beach and .9 mi. from 5 Points on Main St. Gated with 24/7 security. Concierge on duty 8 am to 6 pm. This is the life you’ve always dreamed of. You’ve earned it! Come home to Condo On the Bay! New AC!

Last Agent to Sell the Property

Victoria Ranck

License #3234353 Listed on: 01/28/2019

Last Buyer's Agent

Wendy LaGuardia

STAR BAY REALTY CORP. License #3374858

STAR BAY REALTY CORP.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Property Views

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,729 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, maintenance structure, ground maintenance, pool maintenance, security, sewer, water
  • Julie Trempay Association, Phone Number (941) 957-0401
  • High-Rise Condominium
  • Condo On The Bay Community
  • Condo On The Bay Tower I Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions
  • 19-Story Property

Recreation

  • Public Boat Ramp
  • Boat Ramp

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,186

Year Built

Built in 1982

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Maintenance Structure, Maintenance Grounds, Other, Pool Maintenance, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1729
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1876
  • Directions to Property: 41 heading North from Downtown - left at 6th Street (Blvd of the Arts) part The Hyatt Hotel to the end of cul de sac then left into Condo on the Bay.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425621&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425621&cview=true&show_results=true&customer_portal=true
  • Floor Number: 8
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.91852
  • Price per Sq Ft: 358.59
  • Close to Original List Price Ratio: 0.85517
  • Ratio: Current Price\Building Area Total: 330.49
  • View: Yes
  • Co List Office Mls Id: 281527443
  • Co List Office Phone: 941-900-4151
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Other, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 19
  • Street Number Modifier: 888
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Other, Sidewalk
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered
  • Water View: Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Waterfront Frontage: 4
  • Water Frontage Feet I C W: 2
  • Water Frontage Feet Gulf Ocean: 2
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Off Street
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Public Boat Ramp, Water Access, Waterfront
  • Association Fee: 1200
  • Association Fee Frequency: Quarterly
  • Association Name: Julie Trempay
  • Phone: 941-957-0401
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 2373
  • Condo Fees Term: Quarterly
  • S W Subdiv Condo Num: 804
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 791
  • Amenities Additional Fees: Kayak Rack Storage $250/year. Boat slips available, first come: $1,600-$1,650/year plus $60/year for electric.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 14292
  • Monthly HOA Fee: 400
  • Total Monthly Fees: 1191

Lot Info

  • Zoning: DTB
  • Parcel Number: 2009095056
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 4 Months
  • Approval Process: HOA application submitted with $100.00 fee
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One 4 month rental or longer allowed once a year

Tax Info

  • Tax Annual Amount: 5186
  • Tax Block: 0
  • Tax Book Number: 1499-1548
  • Tax Lot: 804

Multi Family

  • Waterfront Features: Gulf/Ocean, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 19, 2022
Sold by
Rubinstein Marvin A and Rubinstein Dorothy M
Bought by
Morowski Family Management Trust
Seller's Agent
Sandra Rubinstein
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$1,725,000
Sold Price
$1,725,000
Views
4
Current Estimated Value
$1,593,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$131,146
Avg. Annual Appreciation
-1.62%
Original Mortgage
$975,000
Outstanding Balance
$930,754
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$716,366

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 13, 2020
Sold by
Guardia Wendy A La and Larson Mildred A
Bought by
Rubinstein Marvin A and Rubinstein Dorothy M
Seller's Agent
Wendy LaGuardia
STAR BAY REALTY CORP.
Buyer's Agent
Sandra Rubinstein
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$1,039,000
Sold Price
$1,039,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.28%

Purchase Details

Listed on
Jan 28, 2019
Closed on
Jun 24, 2019
Sold by
Gitlitz George F and The George A Gitlitz Living Tr
Bought by
Laguardia Wendy A and Larson Mildred V
Seller's Agent
Victoria Ranck
Buyer's Agent
Wendy LaGuardia
STAR BAY REALTY CORP.
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.84%
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2016
Sold by
Gitlitz George F and Gitlitz Jennifer S
Bought by
Gitlitz George F

Purchase Details

Closed on
Oct 5, 2012
Sold by
Gitlitz George F
Bought by
Gitlitz George F and Gitlitz Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,031
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2002
Sold by
Gitlitz George F
Bought by
Gitlitz George F and Gitlitz Sheila R
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 $1,725,000 --
Warranty Deed $1,039,000 Attorney
Warranty Deed $620,000 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer $86,200 Entitle Direct
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 New Conventional
Previous Owner $484,350 New Conventional
Previous Owner $173,031 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $194,600 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $1,725,000 0.0% $998 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $1,725,000 0.0% $998 / Sq Ft
01/16/2021 01/16/21 Rented $5,500 -5.2% --
11/30/2020 11/30/20 For Rent $5,800 +5.5% --
06/13/2020 06/13/20 Rented $5,500 -12.0% --
05/06/2020 05/06/20 Price Changed $6,250 -10.7% $4 / Sq Ft
03/19/2020 03/19/20 For Rent $7,000 0.0% --
03/13/2020 03/13/20 Sold $1,039,000 0.0% $601 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $1,039,000 +67.6% $601 / Sq Ft
06/24/2019 06/24/19 Sold $620,000 -8.1% $359 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $675,000 0.0% $390 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $675,000 -3.6% $390 / Sq Ft
02/19/2019 02/19/19 Price Changed $699,900 -3.5% $405 / Sq Ft
01/28/2019 01/28/19 For Sale $725,000 -- $419 / 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 $19,799 $1,356,700 -- $1,356,700
2023 $19,799 $1,320,400 $0 $1,320,400
2022 $13,642 $1,084,400 $0 $1,084,400
2021 $10,996 $692,100 $0 $692,100
2020 $8,215 $499,500 $0 $499,500
2019 $5,277 $355,629 $0 $0
2018 $5,186 $348,998 $0 $0
2017 $5,181 $341,820 $0 $0
2016 $5,106 $538,100 $0 $538,100
2015 $5,181 $512,200 $0 $512,200
2014 $5,172 $324,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425621

Stellar MLS

APN: 2009-09-5056