NOT LISTED FOR SALE

Estimated Value: $702,000 - $794,683

2 Beds
2 Baths
940 Sq Ft
$525/mo HOA Fee

Last Sold May 27, 2022

Last sale price $795,000 $846 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,250/month

2 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Stone Countertops
  • Phillippi Shores Elementary School Rated A
  • Furnished
  • 3-minute walk to Siesta Key Playground

About This Home

As of May 2022

Endless vacations await you in this highly desirable first floor tastefully updated condominium residence at La Siesta, across the street from world-famous Siesta Beach. This two-bedroom, two-bath corner unit features tile throughout and plenty of space for you and your guests to enjoy. From your private screened lanai, just head outdoors for a short stroll to the main entrance to Siesta Beach, which was ranked the #1 beach in the U.S. by TripAdvisor in 2020. In addition to enjoying La Siesta’s laid-back lifestyle and resort-like amenities, including lounging poolside, working out at the fitness center, and relaxing in the clubhouse, you’ll delight in Siesta Beach and its many amenities, including dining and drinks at Siesta Beach Eats, volleyball and tennis courts, playground, grilling at picnic stations and a viewing deck showcasing stunning sunsets over the Gulf of Mexico. For added convenience, La Siesta offers an on-site laundry facility and grills as well as a designated covered parking space. The community’s minimal rental restrictions attract rental prospects throughout the year, providing healthy income with bookings in place well into 2023. This unit has a rental minimum of seven days and includes a full-time on-site management team. The rental program has a great staff ready to serve your everyday needs. This lovely community is perfectly situated near restaurants and shops in Siesta Key Village and is close to Stickney Point Road for easy access on/off the island. This unit is offered turnkey furnished. The property has been staged with decorative items that can be sold separately. Hurry, it won’t last long!

Last Listed By

Barbara A Milian, P.A.

MICHAEL SAUNDERS & COMPANY License #0631979 Listed on: 05/02/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,993

Year Built

  • Built in 1972

Lot Details

  • East Facing Home

HOA Fees

  • $525 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 940 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Range with Range Hood
  • Microwave
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Robin Reeves Association, Phone Number (941) 349-6454
  • Visit Association Website
  • La Siesta Community
  • La Siesta Subdivision
  • On-Site Maintenance
  • The community has rules related to vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,993

Year Built

Built in 1972

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 940
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1000
  • Directions to Property: From Tamiami Trail heading south turn right onto Stickney Point Road, turn right onto Midnight Pass Road, continue onto Beach Road and turn right on Beach Way Drive, and on your right is La Siesta Condominiums.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529898?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529898?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.04743
  • Price per Sq Ft: 845.74
  • Close to Original List Price Ratio: 1.04743
  • Ratio: Current Price\Building Area Total: 795
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Thermostat
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 925
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Shower, Sliding Doors, Storage
  • Roof: Built-Up, Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Condominium Disclosure Available, Lead Paint, 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, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Maintenance, Pool, Shuffleboard Court, Storage, Vehicle Restrictions
  • Association Name: Robin Reeves
  • Phone: 941-349-6454
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1575
  • Condo Fees Term: Quarterly
  • Association Website: www.LaSiestaCondos.com
  • Association Email: manager@lasiestacondos.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 525
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6300
  • Total Monthly Fees: 525

Schools

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

Lot Info

  • Zoning: RMF3/RES
  • Parcel Number: 0107025030
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Week
  • Approval Process: Must submit application to Condo Management
  • Num Timesper Year: 52
  • Pet Restrictions: Owner is the only one allowed with pet, guests cannot bring pets. Please see Condo Rules and regulations.
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: One Week Minimum. Please see Condo Documents and Management Agreement.

Tax Info

  • Tax Annual Amount: 4993
  • Tax Block: LA
  • Tax Book Number: 6-30
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
May 27, 2022
Sold by
Frankkito Jr James P and Frankkito Laurie
Bought by
Iwaskewycz Mark
Seller's Agent
Barbara A Milian, P.A.
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stuart Francis
EXP REALTY LLC
List Price
$759,000
Sold Price
$795,000
Premium/Discount to List
$36,000
4.74%
Total Days on Market
2
Current Estimated Value
$730,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,579
Avg. Annual Appreciation
-2.84%
Original Mortgage
$405,000
Outstanding Balance
$381,818
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$348,603

Purchase Details

Listed on
Jun 14, 2019
Closed on
Aug 23, 2019
Sold by
Gaitan Kathleen Penny
Bought by
Frankito James P and Frankito Laurie A
Seller's Agent
Maritza Felico
AUTHORITY REALTY INC
Buyer's Agent
Charles Gibson
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%
Original Mortgage
$247,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2013
Closed on
Sep 3, 2013
Sold by
B Iv Llc
Bought by
Gaitan Kathlene Penny
Seller's Agent
Kim Gilliland
COLDWELL BANKER REALTY
Buyer's Agent
Michael Mulcahy
COPPOLA REALTY GROUP
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Jul 6, 2005
Sold by
Stevens Robert W and Stevens Peggy L
Bought by
B-Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

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
Iwaskewycz Mark $795,000 None Listed On Document
Frankito James P $450,000 Pineywoods Title Llc
Gaitan Kathlene Penny $370,000 Attorney
B-Iv Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwaskewycz Mark $405,000
Previous Owner Frankito James P $247,000
Previous Owner B-Iv Llc $440,000
Previous Owner Stevens Robert W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $795,000 +4.7% $846 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $759,000 +68.7% $807 / Sq Ft
10/04/2019 10/04/19 Sold $450,000 0.0% $479 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $450,000 0.0% $479 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $450,000 +21.6% $479 / Sq Ft
09/05/2013 09/05/13 Sold $370,000 -2.6% $394 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $380,000 -- $404 / 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 $7,876 $590,200 -- $590,200
2023 $7,876 $644,100 $0 $644,100
2022 $5,937 $522,500 $0 $522,500
2021 $4,993 $380,100 $0 $380,100
2020 $4,683 $347,900 $0 $347,900
2019 $4,618 $346,300 $0 $346,300
2018 $4,350 $325,700 $0 $325,700
2017 $4,263 $313,200 $0 $313,200
2016 $4,266 $306,500 $0 $306,500
2015 $4,389 $307,600 $0 $307,600
2014 $4,969 $310,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4529898

Stellar MLS

APN: 0107-02-5030