NOT LISTED FOR SALE

Estimated Value: $402,081 - $457,000

4 Beds
2 Baths
1,512 Sq Ft
$279/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $182,500 $121 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,639/month

118 Days on Market

Highlights

  • Oak Trees
  • No HOA
  • Screened Patio
  • Deck
  • Porch
  • Central Heating and Cooling System

About This Home

As of September 2017

Investor Alert-Charming log cabin style Duplex just 2 blocks from the beautiful Manatee River and tucked back in under the oaks at the end of a quiet, secluded street. Lease out both sides or live in one and rent out the other. Each unit consists of 2beds/1bath. Both units rent for $1100/month. New metal roof in 2013. Newer AC units and updated separate electric meters for each unit. There is a big, shaded backyard for the kids and/or dogs to play. Also plenty of room for a cookout or a quiet evening roasting marshmallows around the campfire. There is also a public boat ramp just about a mile down the road. This property is also right next to a delightful little park which is slated to be expanded down to the river. You will love the "Old Florida" feel and peaceful ambiance of this property. This area is being enhanced with new beautiful apartments to the west and there are shops and eateries proposed for the near future along with an expanded River Walk. This is definitely a property and neighborhood to check out.

Last Agent to Sell the Property

Melanie Johnson

FINE PROPERTIES License #3101644 Listed on: 04/26/2017

FINE PROPERTIES

Last Buyer's Agent

Beth Helvey

MICHAEL SAUNDERS & COMPANY License #3290719

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1982

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 138x100
  • Oak Trees

Parking

  • Open Parking

Home Design

  • 1,512 Sq Ft Home
  • Duplex
  • Metal Roof
  • Log Siding

Kitchen

  • Range
  • Microwave

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 3196600054

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Johnsons Subdivision Community
  • Johnsons Sub R H Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,383

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Construction Materials: Log
  • Fireplace: No
  • Living Area: 1512
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1982
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 13860
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 120.70
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Microwave, Range, Refrigerator
  • Levels: One
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0306E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

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

Lot Info

  • Zoning: R1B
  • Parcel Number: 3196600054
  • Additional Parcels: No
  • Lot Features: City Limits, Unpaved
  • Lot Dimensions: 138X100
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 26400
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1383
  • Tax Book Number: 1-169
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Sep 12, 2017
Sold by
Power Porpties Inc
Bought by
Rivierviw 2016 Llc
Seller's Agent
Melanie Johnson
FINE PROPERTIES
Buyer's Agent
Beth Helvey
MICHAEL SAUNDERS & COMPANY
List Price
$215,000
Sold Price
$182,500
Premium/Discount to List
-$32,500
-15.12%
Current Estimated Value
$422,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,770
Avg. Annual Appreciation
10.66%
Original Mortgage
$146,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2013
Sold by
The Bank Of New York Mellon
Bought by
Power Properties Inc

Purchase Details

Closed on
Mar 5, 2013
Sold by
Arguelles Elisabeth H
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 24, 2004
Sold by
Carver Thomas E
Bought by
Arguelles Elisabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
2.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2002
Sold by
Ault Harold J and Ault Rosella M
Bought by
Carver Thomas E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivierviw 2016 Llc $182,500 Attorney
Power Properties Inc $40,000 Attorney
The Bank Of New York Mellon $20,200 None Available
Arguelles Elisabeth H $158,000 Signature Title Services Llc
Carver Thomas E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rivierviw 2016 Llc $146,000
Previous Owner Arguelles Elisabeth H $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2017 12/14/17 Off Market $182,500 -- --
09/12/2017 09/12/17 Sold $182,500 -15.1% $121 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
07/30/2017 07/30/17 For Sale $215,000 -4.4% $142 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $225,000 -- $149 / 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
2025 $5,106 $240,334 -- --
2024 $5,106 $388,460 $142,800 $245,660
2023 $4,984 $391,190 $142,800 $248,390
2022 $4,113 $283,715 $80,000 $203,715
2021 $3,096 $164,151 $20,000 $144,151
2020 $3,138 $158,763 $20,000 $138,763
2019 $2,933 $147,974 $20,000 $127,974
2018 $2,685 $133,223 $20,000 $113,223
2017 $1,359 $70,000 $0 $0
2016 $1,383 $70,000 $0 $0
2015 $1,360 $70,000 $0 $0
2014 $1,360 $67,233 $0 $0
2013 $1,303 $63,732 $10,723 $53,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4184697

Stellar MLS

APN: 31966-0005-4