NOT LISTED FOR SALE

Estimated Value: $1,781,000 - $2,328,000

3 Beds
3.5 Baths
3,460 Sq Ft
$1,400/mo HOA Fee

Last Sold November 24, 2014

Last sale price $1,037,500 $300 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $13,392/month

422 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Saltwater Pool
  • Southside Elementary School Rated A
  • Penthouse
  • 4-minute walk to Myakka State Park

About This Home

As of November 2014

*********** FABULOUS VIEWS OF DOWNTOWN, SARASOTA BAY AND THE GULF OF MEXICO FROM THIS 14TH FLOOR PENTHOUSE!! ************* Total Luxury through out. Spacious 3460 square feet, with 3 bedrooms and 3.5 bathrooms. High ceilings give a feel of extra size. The nearly floor to ceiling windows and curved front of the mammoth great room, only add to the panoramic view. The over sized kitchen is complete with granite counter tops premium stainless steel appliances, and an attached pantry that is so large, it is a room by itself! Solid wood cabinets with custom hardware, and ceramic tile floor completes the elegance. Wide baseboards and crown molding finish off the penthouse. Double doors lead to the generous master suite and master bath, with deluxe tub and view of the city. Granite counter tops in the baths through out. This is a highly secured building with friendly staff. Extra storage and THREE private parking spaces are beneath the building. Heated pool, spa, exercise facilities make this location just perfect. Ringling Blvd. is just one block off main street so you are situated in the heart of downtown and to Sarasota's City Centre's cultural ammenites. Conversions: As of listing date, 1,149,000 USD = 743,450 GBP and 864,460 EUR, 3460 square feet of air conditioned space = 321.4 Square meters. SARASOTA IS TRULY THE "GEM OF FLORIDA'S GULF COAST."

Last Agent to Sell the Property

Wallace Erickson

THE REALEDYNE GROUP INC License #0421445 Listed on: 08/10/2013

Last Buyer's Agent

Christina Miller

SARASOTA BAY REAL ESTATE P.A. License #3100088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,543

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Secured Garage or Parking
  • Guest Parking
  • Off-Street Parking

Home Design

  • Penthouse
  • Contemporary Architecture
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,460 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Formal Dining Room
  • Storage Room
  • Laundry in unit
  • Inside Utility
  • Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Pool

  • Saltwater Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot PH
  • Assessor Parcel Number 2027071100

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, security
  • Kevin, Argus Mgmt. 957 1370 Association
  • High-Rise Condominium
  • Rivo At Ringling Condos
  • Rivo At Ringling Community
  • Rivo At Ringling Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 18-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets up to 50 lbs
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,543

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,400 per month

Parking

3

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Other, Pest Control, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Other, Stucco
  • Fireplace: No
  • Living Area: 3460
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3824
  • Directions to Property: Corner of Ringling Blvd. and Osprey, DT Sarasota
  • Status: Sold
  • Floor Number: 14
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8448
  • Property Description: High Rise, Penthouse
  • Ratio: Close Price\List Price: 0.98904
  • Price per Sq Ft: 299.86
  • Close to Original List Price Ratio: 0.90296
  • Ratio: Current Price\Building Area Total: 271.31
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Basement, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 18
  • Window Features: Blinds, Window Treatments
  • Room Count: 9
  • Additional Rooms: Formal Dining Room Separate, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: Heated, Salt Water, Vinyl
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Guest, Off Street, Secured, Underground
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Fire Hydrant, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Security, Spa/Hot Tub, Storage
  • Association Name: Kevin, Argus Mgmt. 957-1370
  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 4200
  • Condo Fees Term: Quarterly
  • Complex Community Name NCCB: RIVO AT RINGLING
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 16800
  • Total Monthly Fees: 1400

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071100
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk, Zero Lot Line
  • Millage Rate: 16.74
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 3 Months
  • Num Timesper Year: 3
  • Pet Restrictions: total of 2 cat/dog in any combination. No aggressive or dangerous breeds.
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 12543
  • Tax Book Number: 0039/0048
  • Tax Lot: PH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2013
Closed on
Nov 24, 2014
Sold by
Esposito Mabel L
Bought by
Janet S Stoller Trust and Stoller Michael
Seller's Agent
Wallace Erickson
THE REALEDYNE GROUP INC
Buyer's Agent
Christina Miller
SARASOTA BAY REAL ESTATE P.A.
List Price
$1,149,000
Sold Price
$1,037,500
Premium/Discount to List
-$111,500
-9.7%
Current Estimated Value
$2,040,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,002,825
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
May 16, 2012
Sold by
Esposito Anthony C and Esposito Mabel L
Bought by
Esposito Mabel L

Purchase Details

Closed on
May 9, 2011
Sold by
Rivo At Ringling Llc
Bought by
Esposito Anthony C and Esposito Mabel L
Source: Public Records

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 Buyer Sale Price Title Company
Janet S Stoller Trust $1,037,500 Attorney
Esposito Mabel L -- Attorney
Esposito Anthony C $855,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cilliers Abraham $749,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $1,037,500 -1.1% $300 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
08/18/2014 08/18/14 Price Changed $1,049,000 -4.5% $303 / Sq Ft
12/15/2013 12/15/13 Price Changed $1,099,000 -4.4% $318 / Sq Ft
08/10/2013 08/10/13 For Sale $1,149,000 -- $332 / 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 $13,448 $939,281 -- --
2023 $13,448 $911,923 $0 $0
2022 $13,077 $885,362 $0 $0
2021 $13,189 $859,575 $0 $0
2020 $13,338 $847,707 $0 $0
2019 $12,997 $828,648 $0 $0
2018 $12,788 $813,197 $0 $0
2017 $12,643 $796,471 $0 $0
2016 $14,674 $863,800 $0 $863,800
2015 $14,113 $811,100 $0 $811,100
2014 $13,519 $702,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A3982644

Stellar MLS

APN: 2027-07-1100