NOT LISTED FOR SALE

9122 Midnight Pass Rd Unit 52 Sarasota, FL 34242

Estimated Value: $1,038,000 - $1,515,000

3 Beds
2 Baths
2,237 Sq Ft
$1,448/mo HOA Fee

Last Sold December 28, 2017

Last sale price $1,000,000 $447 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,023/month

226 Days on Market

Highlights

  • 3,690 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Phillippi Shores Elementary School Rated A
  • Boat Dock
  • Boat Slip Deeded

About This Home

As of December 2017

Stunning Siesta Key mid-rise luxury condo with panoramic views of the Gulf & Sarasota Bay! Double the serenity; located on the quiet end of Siesta Key in an exclusive building with just 17 units. This three bedroom, two bath has 2,237 SF. Three balconies with water views west from the great room and master bedroom, and east from the kitchen. Elevator opens to private foyer entrance of solid oak & etched glass. Raised custom maple cabinets & granite counter tops included in the kitchen. Stainless steel and wood paneled appliances include cook top, microwave, oven and refrigerator. Spacious master bedroom includes an adjoining den/study that can be easily converted back into a 3rd bedroom. 9' ceilings, crown molding, mirrored walls, and custom faux finishes. Master bedroom his & hers walk in closet rooms. Master bath includes separate extended tile shower, jet tub, and dual vanities with maple cabinet and granite counter tops. Boat dock with 10K lift & access to Intracoastal. Kayak launch and courtesy dock. 2 car garage, oversized and covered includes a/c unit and utility door for easy access. Garage cabinets will convey along with the custom garage flooring. Security entrance has central alarm system, fire escape and fire sprinkler. HOA amenities include gym/weight room located in the building, swimming pool and hot tub. This home has been updated, upgraded, meticulously maintained and shows beautifully. See to believe!

Last Agent to Sell the Property

Kathryn Mullin

GRECO REAL ESTATE License #3231406 Listed on: 04/14/2017

Last Buyer's Agent

Kristen Redding

MICHAEL SAUNDERS & COMPANY License #3089978

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,431

Year Built

  • Built in 2002

Lot Details

  • 3,690 Feet of Waterfront
  • 1,230 Feet of Bay Harbor Waterfront
  • 1,230 Feet of Ocean to Bay Waterfront
  • 1,230 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway

HOA Fees

  • $1,448 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Lagoon
  • Pool

Home Design

  • Entry on the 5th floor
  • Tile Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,237 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Customized Wheelchair Accessible
  • Handicap Modified

Pool

  • In Ground Pool
  • Child Gate Fence

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Property fronts gulf or ocean with access to the bay
  • Access To Intracoastal Waterway
  • Access To Lagoon or Estuary
  • No Fixed Bridges
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Balcony
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0129243014

Community Details

Overview

  • Association fees include cable TV, pool, insurance, internet, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
  • High-Rise Condominium
  • Somerset Cay Community
  • Somerset Cay Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Handicap Modified Features In Community
  • 7-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,431

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,448 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2237
  • New Construction: No
  • Year Built: 2002
  • Accessibility Features: Customized Wheelchair Accessible, Handicap Modified
  • Building Area Total: 2747
  • Directions to Property: 41 SOUTH TAMIAMI TRAIL & STICKNEY POINT RD. GO SW ON STICKNEY P9OINT ONTO SIESTA KEY TO MIDNIGHT PASS RD., LEFT SE ON MIDNIGHT PASS RD. & FOLLOW MIDNIGHT PASS RD. TO THE PROPERTY, JUST PAST TURTLE BEACH ACCESS.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 447.03
  • Water Access YN: 1
  • Property Description: High Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Intercom, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filter Owned
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 9122
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 7

Exterior Features

  • Pool Features: Child Safety Fence, In Ground
  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: BLIND PASS/TURTLE BAY
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Water Access: Gulf/Ocean to Bay,Intracoastal Waterway,Lagoon
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip Deeded On-Site,Dock - Wood,Dock w/Electric,Lift,No Wake Zone,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full,Intracoastal Waterway,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 3690
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0209F
  • Additional Water Information: Property backs to Blind Pass. Includes slip with lift. Access for kayak launch and kayak storage.
  • Water Frontage Feet Bay Harbor: 1230
  • Water Frontage Feet ICW: 1230
  • Water Frontage Feet Ocean 2 Bay: 1230

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Handicap Modified, Pool, Water Access
  • Association Amenities: Boat Slip, Dock, Elevator(s), Fitness Center, Gated, Handicap Modified, Maintenance, Spa/Hot Tub, Storage
  • Association Fee: 1447.56
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: 2 Small Pets are allowed Under 20 pounds.
  • Association Fee Requirement: Required
  • Building Name Number: SOMERSET CAY CONDOMINIUM
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Monthly HOA Amount: 1447.56

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0129243014
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Owner may lease a Unit, the Unit Owner must notify the Board in writing of the intent to enter into a lease and the Board has the authority to either approve or disapprove the lease. Can not be leased for a period under 60 days, 4 times per year.

Tax Info

  • Tax Annual Amount: 9431
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway, Gulf/Ocean to Bay
  • Approval Process: Application & $100 Fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Dec 28, 2017
Sold by
Terry Andrew J and Terry Karen E
Bought by
Karp Mary Sue and Karp Trust
Seller's Agent
Kathryn Mullin
GRECO REAL ESTATE
Buyer's Agent
Kristen Redding
MICHAEL SAUNDERS & COMPANY
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Current Estimated Value
$1,285,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,825
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Nov 2, 2015
Sold by
Terry Andrew J and Terry Karen E
Bought by
Terry Andrew J and Terry Karen E

Purchase Details

Closed on
Jun 17, 2014
Sold by
Terry Andrew J and Andrew J Terry Family Trust
Bought by
Terry Andrew J

Purchase Details

Closed on
Jun 2, 2014
Sold by
Terry Andrew J and Andrew J Terry Family Trust
Bought by
Davies Karen E

Purchase Details

Listed on
May 3, 2012
Closed on
Oct 25, 2012
Sold by
Revoca Bratcher Evans Teresa E and Revoca Teresa E Bratcher Evans
Bought by
Terry Andrew J and Andrew J Terry Family Trust
Seller's Agent
Mark Riley
LUX INTERNATIONAL PROPERTIES
Buyer's Agent
Marlene Marshall
MICHAEL SAUNDERS & COMPANY
List Price
$711,100
Sold Price
$711,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$417,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2010
Sold by
Evans Teresa Bratcher
Bought by
Revoca Bratcher Evans Teresa E and Revoca Teresa E Bratcher Evans

Purchase Details

Closed on
Sep 28, 2007
Sold by
Evans Lawrence W and Bratcher Theresa
Bought by
Evans Teresa Bratcher
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
Karp Mary Sue $1,000,000 Attorney
Terry Andrew J -- Attorney
Terry Andrew J -- Attorney
Davies Karen E -- Attorney
Terry Andrew J $711,100 Attorney
Revoca Bratcher Evans Teresa E -- Attorney
Evans Teresa Bratcher -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Andrew J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $1,000,000 -- --
12/28/2017 12/28/17 Sold $1,000,000 -11.9% $447 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
11/20/2017 11/20/17 Price Changed $1,135,000 -5.0% $507 / Sq Ft
07/13/2017 07/13/17 Price Changed $1,195,000 -4.4% $534 / Sq Ft
04/14/2017 04/14/17 For Sale $1,250,000 +75.8% $559 / Sq Ft
10/25/2012 10/25/12 Sold $711,100 0.0% $318 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $711,100 -- $318 / 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 $9,101 $793,456 -- --
2023 $9,101 $770,346 $0 $0
2022 $8,903 $747,909 $0 $0
2021 $8,936 $726,125 $0 $0
2020 $8,989 $716,100 $0 $716,100
2019 $9,998 $802,361 $0 $0
2018 $9,812 $787,400 $0 $787,400
2017 $449 $623,366 $0 $0
2016 $534 $687,500 $0 $687,500
2015 $534 $684,900 $0 $684,900
2014 $534 $592,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4183781

Stellar MLS

APN: 0129-24-3014