NOT LISTED FOR SALE

1131 Crescent St Sarasota, FL 34242

Estimated Value: $1,240,000 - $1,575,000

4 Beds
4 Baths
2,281 Sq Ft
$626/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,630,000 $715 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,342/month

17 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Phillippi Shores Elementary School Rated A
  • Deck
  • No HOA

About This Home

As of April 2024

A must see duplex situated on Siesta Key where the ' Number 1' beach in the world is located. This complex is within a 5 minute walk
on Crescent Street to a public access. The double 2 bedroom/2 bath unit comes 'turn-key' furnished and ready for occupancy. The present
owners family has owned it since it was built in 1969 and kept it well maintained. The second unit has not been rented and only occupied
by family and friends. The property is within walking distance to restaurants , boating, shopping and the Siesta Trolley stops. The Trolley will take you to SIESTA VILLAGE (no charge) where you can enjoy more shopping, restaurants and Kilwins ice cream store. They also make stops at Siesta Key beach which has been chosen as the NUMBER 1 beach in the world many times. The sand on this beach is white quartz and is very fine. Downtown Sarasota (CBD) excels in fine dining along with Van Wezel Performing Arts Hall, Sarasota Opera, The Players
Studio plus Selby Botanical Gardens, Burns Court area, John Ringling Museum/House and much more. West of downtown is the famous
St Armands for shopping/dining, Lido Beach, Mote Marine Laboratory and Aquarium. Sarasota International Airport (SRQ) is only a couple of mies from downtown. Great opportunity to own an excellent income property or family compound on Siesta Key.

Last Agent to Sell the Property

Ronald Stahl

RON STAHL REALTY Brokerage Phone: 941-374-1671 License #0083963 Listed on: 03/05/2024

Last Buyer's Agent

M Winiecki

FUSION MANAGEMENT & REALTY GRP License #3291487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,229

Year Built

  • Built in 1969

Lot Details

  • 9,409 Sq Ft Lot
  • Lot Dimensions are 74x125

Home Design

  • Duplex
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,281 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Inside Utility
  • Views of Woods

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Guest Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,064 Sq Ft Building
  • Point Of Rocks Terrace Community
  • Point O Rocks Terrace Add Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,229

Year Built

Built in 1969

Lot Details

9,409 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2281
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 3064
  • Lot Size Sq Ft: 9409
  • Tenant Pays: Electricity, Gas, Water
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 284.65
  • Escrow State: FL
  • RATIO Current Price By Calculate: 714.60
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-374-1671
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 211.91

Exterior Features

  • Exterior Features: Outdoor Grill, Storage
  • Roof: Built-Up, Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Water Body Name: GULF OF MEXICO
  • Waterfront: No
  • Patio and Porch Features: Deck
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0206F
  • Additional Water Information: From subject property - a five minute walk to the Gulf of Mexico on paved road - Crescent Street

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0108170029
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 74x125
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 8229.05
  • Tax Book Number: 6-7
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 26, 2024
Sold by
Spalatin Mario S and Spalatin Mira G
Bought by
Sarasota Boatya Village Llc
Seller's Agent
Ronald Stahl
RON STAHL REALTY
Buyer's Agent
M Winiecki
FUSION MANAGEMENT & REALTY GRP
List Price
$1,650,000
Sold Price
$1,630,000
Premium/Discount to List
-$20,000
-1.21%
Views
26
Current Estimated Value
$1,427,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,647
Avg. Annual Appreciation
-7.07%

Purchase Details

Closed on
Jun 22, 2015
Sold by
1019 Crescent Street Llc
Bought by
Livin Palermo Elizabeth A and Livin Elizabeth A Palermo 2015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
3.41%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2004
Sold by
Spalatin Mario S
Bought by
Spalatin Mario S

Purchase Details

Closed on
Jan 30, 1998
Sold by
Spalatin Helen
Bought by
Spalatin Mario S

Purchase Details

Closed on
Jan 26, 1998
Sold by
Spalatin Helen
Bought by
Spalatin Mario S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sarasota Boatya Village Llc $1,630,000 None Listed On Document
Livin Palermo Elizabeth A $975,000 Attorney
Gitkin Charles L $989,000 Attorney
Spalatin Mario S $220,000 --
Spalatin Mario S $220,000 --
Spalatin Mario S -- --
Spalatin Mario S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Livin Palermo Elizabeth A $731,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $1,630,000 -1.2% $715 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $1,650,000 -- $723 / Sq Ft
Source: Stellar MLS

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 $11,857 $1,080,700 $837,600 $243,100
2024 $8,229 $981,459 -- --
2023 $8,229 $670,599 $0 $0
2022 $8,040 $651,067 $0 $0
2021 $8,017 $632,104 $0 $0
2020 $8,044 $623,377 $0 $0
2019 $7,776 $609,362 $0 $0
2018 $7,599 $598,000 $471,000 $127,000
2017 $7,631 $590,600 $471,000 $119,600
2016 $7,677 $584,400 $490,600 $93,800
2015 $5,060 $474,600 $374,900 $99,700
2014 $5,042 $363,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4601694

Stellar MLS

APN: 0108-17-0029

Your Personal Tour Guide

Ask me questions while you tour the home.