$711,100
SOLD OCT 25, 2012

9122 Midnight Pass Rd Unit 52 Sarasota, FL 34242

2 Beds
2 Baths
2,237 Sq Ft
$1,295/mo HOA Fee

Recently Sold

$318 Per Sq Ft

150 Days on Market

Highlights

  • White Water Ocean Views
  • Water access To Gulf or Ocean
  • Boat Lift
  • Phillippi Shores Elementary School Rated A
  • Property fronts an intracoastal waterway
  • Fitness Center

About This Home

As of December 2017

Panoramic Gulf and Bay Views! Double custom design etched glass hardwood doors open into a West Indies inspired interior enhanced with intricate moldings and custom design appointments. Tray ceilings are accented in treatments of creative color and moldings. Special features include elegant designer chandeliers, ceiling medallions, faux painted ceilings and walls and exquisite window treatments throughout the unit blending an informal sophistication with a casual way of life. Unit includes an air-conditioned two-car garage and semi-private secure glass elevator. Boat dock available. Somerset Cay offers fitness room, heated pool and spa, bar, barbeque area, cabanas and hammock.

Last Agent to Sell the Property

Mark Riley

LUX INTERNATIONAL PROPERTIES License #3374368 Listed on: 05/03/2012

Last Buyer's Agent

Marlene Marshall

MICHAEL SAUNDERS & COMPANY License #3113521

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,514

Year Built

  • Built in 2002

Lot Details

  • Property fronts an intracoastal waterway
  • Zero Lot Line

HOA Fees

  • $1,295 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Oversized Parking
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Dutch Provincial Architecture
  • Entry on the 5th floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,237 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Seawall
  • Rip-Rap
  • Boat Lift

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • 2-Month Minimum Lease Term
  • Tax Lot 52
  • Assessor Parcel Number 0129243014

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, pest control, recreational facilities, sewer, trash, water
  • Argus Property Management Association
  • High-Rise Condominium
  • Somerset Cay Community
  • Somerset Cay Subdivision
  • The community has rules related to deed restrictions
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs
  • 2 Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,514

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,295 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Dutch Provincial
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2237
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2747
  • Directions to Property: South bridge to Siesta Key. South on Midnight Pass almost to end. Somerset Cay on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047725
  • Minimum Lease: 2 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 317.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: High Rise
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock
  • Tax Year: 2011
  • 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, Elevator, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 6
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 9122
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 207.82
  • Room Count: 7

Exterior Features

  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water Access: Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Lift,Riprap,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean - Full,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Guest, Oversized, Underground

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Elevator(s), Fitness Center, Spa/Hot Tub
  • Association Fee: 3885.68
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Property Management
  • Association: Yes
  • Pet Restrictions: Tenants are not permitted to have pets.
  • Association Fee Requirement: Required
  • Building Name Number: 0
  • Max Pet Weight: 20

Fee Information

  • Total Annual Fees: 15542.72
  • Total Monthly Fees: 1295.23

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
  • Lot Features: In County, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: No, Yes
  • Expected Lease Date: 2012-10-25T00:00:00.000

Tax Info

  • Tax Annual Amount: 8514
  • Tax Lot: 52

Multi Family

  • Waterfront Features: Intracoastal Waterway

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 Type Sale Price Title Company
Deed $1,000,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed -- Attorney
Warranty Deed $711,100 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
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

  • Kathryn Mullin

    Seller's Agent in 2017

    Kathryn Mullin

    GRECO REAL ESTATE

    (239) 776-4118

    4 Total Sales

    Kathryn Mullin
    Section Image
  • Kristen Redding

    Buyer's Agent in 2017

    Kristen Redding

    Michael Saunders

    (941) 350-0612

    4 in this area

    66 Total Sales

    Kristen Redding
    Section Image

  • M

    Seller's Agent in 2012

    Mark Riley

    LUX INTERNATIONAL PROPERTIES

    Section Image
  • Marlene Marshall

    Buyer's Agent in 2012

    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: A3959894

Stellar MLS

APN: 0129-24-3014

Florida Sarasota County Sarasota 34242

9122 Midnight Pass Rd Unit 52, Sarasota, FL

This home is located at 9122 Midnight Pass Rd Unit 52, Sarasota, FL 34242 and is currently priced at $711,100, approximately $317 per square foot. This property was built in 2002. 9122 Midnight Pass Rd Unit 52 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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