NOT LISTED FOR SALE

1033 Point of Rocks Rd Unit 1 Sarasota, FL 34242

Estimated Value: $841,840 - $926,000

3 Beds
2 Baths
2,957 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $497,500 $168 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,429/month

19 Days on Market

Highlights

  • Private Beach
  • Water Access
  • Property is near public transit
  • Phillippi Shores Elementary School Rated A
  • In Ground Pool
  • High Ceiling

About This Home

As of September 2020

Two separately deeded properties that share a common wall. The rear building is a THREE bedroom TWO bath with a loft and under built-in garage. Sleeps eight, washer /dryer, high speed Internet. The front unit is a THREE bedroom THREE bath with living room and separate family room. Sleeps seven, has washer /dryer. Both units share a lovely private pool with social area. Fantastic rental makes this a perfect investment opportunity. Steps to beautiful beach! Close to shops, restaurants, clubs -you don’t even need a car. Just hop on the free shuttle up and down the island. Rentals already in place through Siesta 4 Rent and transfer with the sale of the property.

Last Agent to Sell the Property

Carol Thomas

MICHAEL SAUNDERS & COMPANY License #0627050 Listed on: 07/23/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Rudy Dudon

MICHAEL SAUNDERS & COMPANY License #3099658

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,539

Year Built

  • Built in 1974

Lot Details

  • 6,885 Sq Ft Lot
  • Private Beach
  • Additional Parcels

Parking

  • 1 Car Attached Garage
  • Open Parking

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,957 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Terrazzo

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Point Of Rocks Beach Community
  • Point Of Rocks Beach Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,539

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2957
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 6885
  • Number Of Lots: 2
  • Directions to Property: Stickney Point Road to Midnight Pass. Head south on Midnight Pass Road (turn left) and go west on Point of Rocks Road (right). Property will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473193?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473193?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.48537
  • Price per Sq Ft: 168.24
  • Close to Original List Price Ratio: 0.48537
  • View: No
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1031/1033
  • Number Of Buildings: 2

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water Access: Beach - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Open
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0108171001
  • Additional Parcels Description: 0108017002
  • Additional Parcels: Yes
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5539.3
  • Tax Book Number: 31-22
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Lytle Clyo Land Ltd
Bought by
Nguyen Leon and Nguyen Carolyn
Current Estimated Value
$884,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,800
Outstanding Balance
$561,525
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$322,935

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 10, 2020
Sold by
Leahy Wendy and Leahy Patrick
Bought by
Lytle Clyo Land Ltd
Seller's Agent
Carol Thomas
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Rudy Dudon
MICHAEL SAUNDERS & COMPANY
List Price
$1,025,000
Sold Price
$497,500
Premium/Discount to List
-$527,500
-51.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Shumway Erick H and Shumway Susan E
Bought by
Leahy Patrick and Leahy Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.34%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Simon Wayne
Bought by
Shumway Erick H and Shumway Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,500
Interest Rate
7.04%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Pt Rocks Bch Assoc Inc
Bought by
Simon Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
7.57%

Purchase Details

Closed on
Jan 27, 1995
Sold by
Bunner Don R and Bunner Barbara A
Bought by
Point Rocks Bch Assoc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
9.14%
Source: Public Records

Range of Values:

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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
Nguyen Leon $766,000 Attorney
Lytle Clyo Land Ltd $497,500 Attorney
Leahy Patrick $232,500 --
Shumway Erick H $172,000 --
Simon Wayne $173,000 --
Point Rocks Bch Assoc Inc $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Leon $612,800
Previous Owner Leahy Patrick $202,500
Previous Owner Shumway Erick H $155,500
Previous Owner Simon Wayne $155,700
Previous Owner Point Rocks Bch Assoc Inc $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $497,500 -51.5% $168 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $1,025,000 -- $347 / 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 $8,871 $762,600 -- $762,600
2023 $8,871 $730,700 $0 $730,700
2022 $8,049 $647,700 $0 $647,700
2021 $5,016 $376,100 $0 $376,100
2020 $5,581 $414,300 $0 $414,300
2019 $5,539 $414,900 $0 $414,900
2018 $5,633 $423,300 $0 $423,300
2017 $5,727 $423,300 $0 $423,300
2016 $5,917 $461,600 $0 $461,600
2015 $5,381 $397,600 $0 $397,600
2014 $4,988 $300,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carol Thomas

    Michael Saunders

    (941) 302-8127

    16 in this area

    27 Total Sales

    Carol Thomas
    Section Image
  • Rudy Dudon

    Seller Co-Listing Agent in 2020

    Rudy Dudon

    Michael Saunders

    (941) 234-3991

    139 in this area

    212 Total Sales

    Rudy Dudon
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4473193

Stellar MLS

APN: 0108-17-1001

Florida Sarasota County Sarasota 34242

1033 Point of Rocks Rd Unit 1, Sarasota, FL

This home is located at 1033 Point of Rocks Rd Unit 1, Sarasota, FL 34242 since 23 July 2020 and is currently estimated at $884,460, approximately $299 per square foot. This property was built in 1974. 1033 Point of Rocks Rd Unit 1 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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