NOT LISTED FOR SALE

118 Vic Edwards Rd Sarasota, FL 34240

Estimated Value: $422,000 - $871,000

2 Beds
1 Bath
754 Sq Ft
$717/Sq Ft Est. Value

Last Sold January 27, 2014

Last sale price $160,000 $212 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,986/month

9 Days on Market

Highlights

  • Barn
  • Oak Trees
  • Wood Flooring
  • Tatum Ridge Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of January 2014

Looking for a charming small home in the country? This one could be it! Originally a "kit" home from the 50's. This home has been updated, and is in excellent condition, newer roof, central a/c floors, baths, kitchen, and double pane windows. The homehas an inviting front porch, complete with the swing. The property is completely fenced, and gated, and has a out building that serves as a laundry room and studio. There is a very solid barn to he rear and another out building that has potential. Thehome is surrounded by covered and open wood decks.... This home has character. Unique and special for that right buyer who wants a small country setting home, but not too far from Sarasota at the same time

Last Agent to Sell the Property

Joe Murphy

COLDWELL BANKER REALTY License #3030358 Listed on: 11/15/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Anja Deichmann

MICHAEL SAUNDERS & COMPANY License #3113686

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1950

Lot Details

  • 0.95 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Oak Trees
  • Fruit Trees
  • Property is zoned OUR

Parking

  • 2 Car Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Siding
  • Pile Dwellings

Interior Spaces

  • 754 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Farming

  • Barn

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,205

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block, Siding, Wood Frame
  • Fireplace: No
  • Living Area: 754
  • Lot Size Acres: 0.95
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 910
  • Lot Size Sq Ft: 41473
  • Directions to Property: Fruitville East, North on Vic Edwards Rd where the Fire Station is being completed, home is down on the Left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5841851&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5841851&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 0000
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.82051
  • Price per Sq Ft: 212.2
  • Close to Original List Price Ratio: 0.82051
  • Ratio: Current Price\Building Area Total: 175.82
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Other
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 118
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s), Workshop
  • Exterior Features: Balcony, French Doors
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: OUR
  • Parcel Number: 0206160003
  • Additional Parcels: No
  • Millage Rate: 13.39
  • Flood Zone Code: X
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-01-27T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jan 23, 2014
Sold by
Warren Robert M and Warren Shannon
Bought by
Smith Jonathan A and Smith Cynthia S
Seller's Agent
Joe Murphy
COLDWELL BANKER REALTY
Buyer's Agent
Anja Deichmann
MICHAEL SAUNDERS & COMPANY
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%
Current Estimated Value
$540,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,284
Avg. Annual Appreciation
10.97%
Original Mortgage
$104,000
Outstanding Balance
$75,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$464,534

Purchase Details

Closed on
Apr 17, 2008
Sold by
Prestia Daniel A and Prestia Laura
Bought by
Warren Robert M and Warren Shannon

Purchase Details

Closed on
Oct 31, 1997
Sold by
Prestia Daniel A and Prestia Laura Kaye
Bought by
Ballard Clearence A and Ballard Maria
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
Smith Jonathan A $160,000 Attorney
Warren Robert M $250,000 Attorney
Ballard Clearence A $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jonathan A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $160,000 -17.9% $212 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $195,000 -- $259 / 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 $1,830 $160,446 -- --
2023 $1,830 $155,773 $0 $0
2022 $1,781 $151,236 $0 $0
2021 $1,805 $146,831 $0 $0
2020 $1,796 $144,804 $0 $0
2019 $1,718 $141,548 $0 $0
2018 $1,662 $138,909 $0 $0
2017 $1,651 $136,052 $0 $0
2016 $1,722 $140,600 $64,100 $76,500
2015 $1,747 $135,000 $64,100 $70,900
2014 $1,731 $64,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5841851

Stellar MLS

APN: 0206-16-0003