NOT LISTED FOR SALE

Sarasota, FL 34242

2 Beds
2 Baths
1,265 Sq Ft
$625/mo HOA Fee

Last Sold November 22, 2013

Last sale price $354,554 $280 Per Sq Ft

35 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Public Beach
  • 2.27 Acre Lot
  • Phillippi Shores Elementary School Rated A
  • Spa
  • Deck

About This Home

As of November 2013

BANK OWNED PROPERTY SOLD "AS IS" WITHOUT REPAIR OR WARRANTY. LISTING AGENT HAS NO KNOWLEDGE OF PROPERTY HISTORY, NO DISCLOSURES OR ASSOCIATION DOCS SUPPLIED. BUYER/BUYER'S AGENT IS RESPONSIBLE FOR VERIFYING HOA INFO & FEES, IF ANY, COMMUNITY RULES, SQ FT, LOT SIZE, ROOM DIMENSIONS AND TAXES. THIS PROPERTY IS UNDER AUCTION TERMS. AT CLOSING, IT IS SUBJECT TO A WEB TECH FEE AND MAY ALSO BE SUBJECT TO A BUYER'S PREMIUM PURSUANT TO THE TERMS & CONDITIONS. SELLER WILL NOT ALLOW WATER TO BE ACTIVATED/TURNED ON FOR ANY REASON. BUYER IS RESPONSIBLE FOR ACTIVATING/TURNING ON OTHER UTILITIES.

Last Agent to Sell the Property

Stephen Sibiga

C & S REALTY License #3443027 Listed on: 09/24/2013

Last Buyer's Agent

Stephen Sibiga

C & S REALTY License #3443027 Listed on: 09/24/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 1975

Lot Details

  • 2.27

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Condo Hotel
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,265 Sq Ft Home
  • Sliding Doors

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Water access To Gulf or Ocean
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Public Beach
  • Property is near public transit

Listing and Financial Details

  • Tax Lot S-1
  • Assessor Parcel Number 0105136229

Community Details

Overview

  • Mid-Rise Condominium
  • Palm Bay Club Community
  • Palm Bay Club III Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,611

Year Built

Built in 1975

Lot Details

0

HOA Fees

$625 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1265
  • Lot Size Acres: 2.27
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1405
  • Lot Size Sq Ft: 98802
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 280.28
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Property Description: Mid Rise
  • Tax Year: 2012
  • Special Features: 1088

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Beach - Public,Gulf/Ocean,Gulf/Ocean to Bay
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 625
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7500.00
  • Total Monthly Fees: 625.00

Lot Info

  • Zoning: RMF
  • Parcel Number: 0105136229
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit, Paved, Private
  • Future Land Use: 3904

Rental Info

  • Pets Allowed: No
  • Expected Lease Date: 2013-11-22T00:00:00.000

Tax Info

  • Tax Annual Amount: 5611
  • Tax Book Number: 0005/0003
  • Tax Lot: S-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2013
Closed on
Nov 8, 2013
Sold by
Us Bank National Association
Bought by
Alle Investments Llc
Seller's Agent
Stephen Sibiga
C & S REALTY
Buyer's Agent
Stephen Sibiga
C & S REALTY
List Price
$330,000
Sold Price
$354,554
Premium/Discount to List
$24,554
7.44%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Murphy Jay and Murphy Delynne
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 18, 2005
Sold by
Siestaco Llc
Bought by
Murphy Jay T and Murphy Delynne M

Purchase Details

Closed on
Dec 11, 2001
Sold by
Demarco Melissa A
Bought by
Siestaco L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 2001
Sold by
Sargent William A and Demarco Melissa A
Bought by
Marco Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2001
Sold by
Petersen Linda Cetin
Bought by
Sargent William A and Sargent Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
7.18%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alle Investments Llc $354,554 Premium Title Services Inc
Us Bank National Association $92,201 None Available
Murphy Jay T $650,000 --
Siestaco L L C $515,000 --
Marco Melissa A -- --
Sargent William A $338,000 --
Sargent William A $338,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siestaco L L C $515,000
Previous Owner Sargent William A $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2015 12/14/15 Off Market $354,554 -- --
11/22/2013 11/22/13 Sold $354,554 +7.4% $280 / Sq Ft
10/30/2013 10/30/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $330,000 0.0% $261 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/24/2013 09/24/13 For Sale $330,000 -- $261 / 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
2025 $8,729 $671,600 -- $671,600
2024 $8,444 $684,533 -- --
2023 $8,444 $730,200 $0 $730,200
2022 $7,329 $592,900 $0 $592,900
2021 $6,742 $514,300 $0 $514,300
2020 $6,890 $516,000 $0 $516,000
2019 $6,923 $527,000 $0 $527,000
2018 $6,267 $471,000 $0 $471,000
2017 $6,067 $447,000 $0 $447,000
2016 $5,808 $422,000 $0 $422,000
2015 $5,612 $410,000 $0 $410,000
2014 $5,571 $384,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stephen Sibiga

    C & S REALTY

    (380) 270-2174

    6 Total Sales

    Stephen Sibiga
    Section Image
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Source: Stellar MLS

MLS Number: O5184964

Stellar MLS

APN: 0105-13-6229

Florida Sarasota County Sarasota

34242

Not Listed for Sale

Condos

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