NOT LISTED FOR SALE

119 Shannon Rd Unit A/B Sarasota, FL 34240

Estimated Value: $448,000 - $561,151

5 Beds
3 Baths
1,685 Sq Ft
$299/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $405,000 $240 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,039/month

37 Days on Market

Highlights

  • No HOA
  • Oversized Lot
  • Central Heating and Cooling System
  • Tatum Ridge Elementary School Rated A-
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of January 2022

**$80k Price Adjustment** A rare opportunity to own 2 units right in town on just under an acre of land with no deed restrictions or HOA. Live in one side and rent out the other or purchase solely as an investment! This duplex has a 3/2 on the left and a 2/1 on the right. Less than 2 miles East of I-75 and brand new Fruitville Commons. A short drive or walk to Stottlemyer's Steakhouse and Fruitville Grove. A brand new roof was installed in September of this year and both A/C units have been recently replaced. Concrete block construction on a concrete slab. If you have been searching for a home or investment with land in Sarasota, this is the one! The chance to own land in the heart of Sarasota is hard to find, owning property with multiple units in town is even more rare. Call today for more information - it won't last long!!

Last Agent to Sell the Property

Ryan Miller

HARRY ROBBINS ASSOC INC License #3457308 Listed on: 10/27/2021

Co-Listed By

Troy Robbins

HARRY ROBBINS ASSOC INC License #3169642

Last Buyer's Agent

Ryan Miller

HARRY ROBBINS ASSOC INC License #3457308 Listed on: 10/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1958

Lot Details

  • 0.92 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Oversized Lot
  • Level Lot
  • Property is zoned OUE

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,685 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palmer Farms Community
  • Palmer Farms 3Rd Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,410

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1685
  • Lot Size Acres: 0.92
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 39919
  • Directions to Property: Heading East on Fruitville Road, turn right onto Shannon Rd. Property will be at the end of the street on your left. Use GPS.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4515571?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4515571?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95294
  • Price per Sq Ft: 240.36
  • Close to Original List Price Ratio: 0.69888
  • View: No
  • Co List Office Mls Id: 281502172
  • Co List Office Phone: 941-924-8346
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Other
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 119
  • Room Count: 14

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Booker High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: OUE
  • Parcel Number: 0217160020
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Confirm with Sarasota County on leasing restrictions in accordance with Sarasota County Ordinances. No deed restrictions or HOA.

Tax Info

  • Tax Annual Amount: 3409.66
  • Tax Block: 35
  • Tax Book Number: 846-1027
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 5, 2022
Sold by
Richard K Fox And Cheryl D Fox Revocable
Bought by
Yoder Amy and Yoder Jonathon
Seller's Agent
Ryan Miller
HARRY ROBBINS ASSOC INC
Buyer's Agent
Ryan Miller
HARRY ROBBINS ASSOC INC
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$478,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,831
Avg. Annual Appreciation
5.49%
Original Mortgage
$265,000
Outstanding Balance
$248,474
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$242,236

Purchase Details

Closed on
Aug 26, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Fox Richard K and Fox Cheryl D

Purchase Details

Closed on
Jun 7, 2010
Sold by
Damron Michelle and Damron Brian
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 23, 2006
Sold by
Damron Michelle and Fenton Michelle
Bought by
Damron Michelle

Purchase Details

Closed on
Jun 30, 1997
Sold by
Kehn Sharon O
Bought by
Fenton George E and Fenton Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,094
Interest Rate
7.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yoder Amy $405,000 Gibson Kohl & Wolff Pl
Fox Richard K $90,000 Sunbelt Title Agency
Deutsche Bank National Trust Company $70,001 None Available
Damron Michelle -- None Available
Fenton George E $88,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoder Amy $265,000
Previous Owner Damron Brian S $252,935
Previous Owner Fenton Michelle $22,000
Previous Owner Fenton Michelle $175,788
Previous Owner Fenton George E $86,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $405,000 -4.7% $240 / Sq Ft
01/05/2022 01/05/22 Price Changed $425,000 0.0% $252 / Sq Ft
01/05/2022 01/05/22 For Sale $425,000 -15.0% $252 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $499,900 -13.7% $297 / Sq Ft
10/24/2021 10/24/21 For Sale $579,500 -- $344 / 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 $4,722 $409,037 -- --
2023 $4,722 $377,900 $172,300 $205,600
2022 $4,246 $327,700 $164,700 $163,000
2021 $3,547 $230,100 $103,600 $126,500
2020 $3,410 $216,600 $103,600 $113,000
2019 $3,089 $196,800 $104,900 $91,900
2018 $3,393 $250,100 $137,000 $113,100
2017 $3,275 $175,546 $0 $0
2016 $3,173 $227,900 $126,600 $101,300
2015 $2,639 $160,200 $85,500 $74,700
2014 $2,471 $119,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4515571

Stellar MLS

APN: 0217-16-0020