$262,500
SOLD SEP 16, 2020

1122 Mecca Dr Unit A & B Sarasota, FL 34234

Bayou Oaks Neighborhood
-- Bed
-- Bath
1,837 Sq Ft
0.3 Acres

Recently Sold

$143 Per Sq Ft

8% Below List Price

18 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near public transit
  • Oversized Lot
  • Booker High School Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of September 2020

Home so nice (move in condition) on a very nice street. The New Owner may wish to live on one side and family on the other side. current Tenants are Month to Month. This Nice Duplex was built 1998 interior 100% tiled, Block construction in great condition. Unit A has new Hot water Heater, Both sides Have Heat Pumps A/C Units that were changed out a few years ago. BOTH Sides of DUPLEX the Same, 2 Bedrooms, 2 Full Baths, both have screened Lanai's, wooded back drop Some fencing, unit B has a paver block patio, fenced. Tenant A owns & has an above ground pool. The Home site is very Large (87' x 151') there may be some additional building possibilities. Close to USF & New College. Both units separate utilities, 2 Water Meters, 2 Electric Meters, Tenants pay for their own Garbage & Pay for their own Lawn service. Both sides Tenants are Month to Month Both sides pay $800 each for Rent. I believe Current Rental Market would support Rent of $1100-$1200 per month per side. In the City of Sarasota

Last Agent to Sell the Property

Eliot Ford

EXIT KING REALTY License #0596760 Listed on: 08/15/2020

EXIT KING REALTY

Last Buyer's Agent

Joseph Stephens

ONE STEP AHEAD REALTY INC License #3057923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1998

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 85x151
  • Fenced
  • Oversized Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 1,837 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Views of Woods
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Range Hood
  • Dishwasher

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • City Lot

Schools

  • Emma E. Booker Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,079 Sq Ft Building
  • Armstrong Acres Community
  • Armstrong Acres Surv Lt 1 R Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1837
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2079
  • Lot Size Sq Ft: 13050
  • Number Of Lots: 1
  • Tenant Pays: Electricity
  • Directions to Property: From US41 (Tamiami Trail) Turn East onto Mecca Dr. #1122. From Old Bradenton Rd. turn West onto Mecca Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475460?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475460?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92105
  • Price per Sq Ft: 142.9
  • Close to Original List Price Ratio: 0.92105
  • Ratio: Current Price\Building Area Total: 126.26
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Range Hood
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1122
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0043F
  • Disclosures: Other

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: 9UNITS/A
  • Parcel Number: 2001090033
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Near Public Transit, Oversized Lot, Sidewalk
  • Lot Dimensions: 85x151
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 1600
  • Approval Process: NONE
  • Pet Restrictions: Within Sarasota City Limits. What ever City Law Dictates. No HOA, No Association or Community Restrictions. Whatever City & County zoning allows
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Within Sarasota City Limits. What ever Zoning Allows

Multi Family

  • Gross Income: 19200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3418
  • Tax Block: 16
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Sep 16, 2020
Sold by
Schmidt Willaim A and Wilf Schmidt Marina
Bought by
Grandville Investments Llc
Seller's Agent
Eliot Ford
EXIT KING REALTY
Buyer's Agent
Joseph Stephens
ONE STEP AHEAD REALTY INC
List Price
$285,000
Sold Price
$262,500
Premium/Discount to List
-$22,500
-7.89%
Current Estimated Value
$388,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,819
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Nadal John A and Nadal Betty
Bought by
Schmidt William A and Wolf Schmidt Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
6.03%

Purchase Details

Closed on
Feb 15, 1999
Sold by
Mercurio Joseph C and Mercurio Emelinda
Bought by
Nadal John A and Nadal Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,173
Interest Rate
6.79%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $262,500 None Available
Warranty Deed $177,000 --
Warranty Deed $123,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $193,750 New Conventional
Previous Owner $320,000 Construction
Previous Owner $212,075 Fannie Mae Freddie Mac
Previous Owner $141,600 No Value Available
Previous Owner $101,173 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $262,500 -7.9% $143 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $285,000 -- $155 / 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 $4,622 $298,144 -- --
2023 $4,622 $324,100 $74,600 $249,500
2022 $4,385 $317,500 $70,100 $247,400
2021 $3,716 $224,000 $41,500 $182,500
2020 $3,396 $198,200 $38,000 $160,200
2019 $3,418 $200,200 $36,900 $163,300
2018 $3,201 $186,100 $53,700 $132,400
2017 $3,109 $174,374 $0 $0
2016 $2,890 $167,700 $23,600 $144,100
2015 $2,796 $164,300 $22,100 $142,200
2014 $2,572 $119,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4475460

Stellar MLS

APN: 2001-09-0033