$818,000
SOLD JAN 6, 2025

1203 Lyric Ln Sarasota, FL 34242

2 Beds
2 Baths
1,626 Sq Ft
0.4 Acres

Recently Sold

$503 Per Sq Ft

4% Below List Price

11 Days on Market

Highlights

  • Popular Property
  • Open Floorplan
  • Workshop
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Family Room Off Kitchen

About This Home

As of January 2025

SELLER FINANCING AVAILABLE, MIN 30% DOWN. Property had water damage from recent storms. Remediation work taken. Home is able to be repaired. FEMA appraisal complete. Structure valued at $430K. Great Rental Property potential. Main House currently 2 bedroom and 2 Bathroom with other potential. Sits on large 17,250 sqft. lot with room for pool. Large Detached 4 car Garage / Workshop with Bathroom AND High ceilings. Potential to split and convert to ADU/Studio/mother-in-law suite, with separate entrance + 2 Car Garage. Additionally, has 50amp RV hook up and lavatory pump out on side of garage. Fenced in property for privacy. Short bike ride to Siesta key #1, crystal white quartz sand Beach, local dining and entertainment. Bike to Capt. Curt's, Crescent Club, Clayton's Siesta Grill and many other eateries. Have a boat? Keep on property or at one of Siesta Key marinas near by. For more laid back relaxation visit Turtle beach and Newly opened Midnight Pass just south down the road. Venture just of the key [1 mile] to Gulf Gate entertainment, Shopping and multiple local dining favorites. Great investment property (AirBnB) for all coming to see and explore for themselves and find out "what's all the fuss about Sarasota?"

Last Agent to Sell the Property

Tracy Srodes

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3487593 Listed on: 11/26/2024

FINE PROPERTIES

Last Buyer's Agent

Maciek Zaremba

FATHOM REALTY FL LLC License #3082492

FATHOM REALTY FL LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,593

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150x115
  • North Facing Home
  • Wood Fence
  • Property is zoned RE2

Parking

  • 4 Car Garage
  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Workshop
  • Concrete Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Patio
  • Flood Zone Lot

Community Details

  • No Home Owners Association
  • Siesta Community
  • Acreage & Unrec Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,593

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1626
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 3020
  • Lot Size Sq Ft: 17250
  • Directions to Property: From Stickney Point and Midnight Pass Rd go south on Midnight Pass Rd. Turn Left on Lyric Lane. House on right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047148
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 503.08
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1203
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 151.06
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: RE2
  • Parcel Number: 0110050023
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: FloodZone, In County
  • Lot Dimensions: 150x115
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1603

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See County ordinance regarding rental guidelines

Tax Info

  • Tax Annual Amount: 4593.32
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Jan 3, 2025
Sold by
Ridenour Randall A
Bought by
Oliva Armando
Seller's Agent
Tracy Srodes
FINE PROPERTIES
Buyer's Agent
Maciek Zaremba
FATHOM REALTY FL LLC
List Price
$850,000
Sold Price
$818,000
Premium/Discount to List
-$32,000
-3.76%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.52%
Original Mortgage
$318,000
Outstanding Balance
$316,640
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Estimated Equity
$794,513

Purchase Details

Closed on
Dec 19, 2016
Sold by
Ridenour Rald A
Bought by
Reidenour Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,311
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2016
Bought by
Ridenour Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,311
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Feb 18, 2010
Sold by
Ridenour Randall A
Bought by
Ridenour Randall A

Purchase Details

Closed on
Mar 5, 2008
Sold by
Goodnough Patricia A and Goodnough James T
Bought by
Ridenour Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $818,000 None Listed On Document
Warranty Deed $818,000 None Listed On Document
Trustee Deed -- Attorney
Deed $100 --
Interfamily Deed Transfer -- Attorney
Warranty Deed $380,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,000 Seller Take Back
Closed $318,000 Seller Take Back
Previous Owner $512,550 VA
Previous Owner $549,311 VA
Previous Owner $417,000 New Conventional
Previous Owner $330,000 New Conventional
Previous Owner $417,000 Unknown
Previous Owner $304,000 Purchase Money Mortgage
Previous Owner $504,150 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $25,000 Credit Line Revolving
Previous Owner $286,710 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $5,500 0.0% $3 / Sq Ft
07/09/2025 07/09/25 Price Changed $1,099,000 0.0% $676 / Sq Ft
07/09/2025 07/09/25 Price Changed $6,000 -14.3% $4 / Sq Ft
06/25/2025 06/25/25 For Rent $7,000 0.0% --
06/13/2025 06/13/25 For Sale $1,150,000 +40.6% $707 / Sq Ft
01/06/2025 01/06/25 Sold $818,000 -3.8% $503 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $850,000 -- $523 / 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 $4,593 $398,269 -- --
2023 $4,593 $386,669 $0 $0
2022 $4,458 $375,407 $0 $0
2021 $4,525 $364,473 $0 $0
2020 $4,539 $359,441 $0 $0
2019 $4,389 $351,360 $0 $0
2018 $4,167 $334,888 $0 $0
2017 $4,148 $328,000 $0 $0
2016 $4,201 $411,100 $267,600 $143,500
2015 $4,275 $393,200 $242,000 $151,200
2014 $4,260 $311,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4630538

Stellar MLS

APN: 0110-05-0023