NOT LISTED FOR SALE

Estimated Value: $597,000 - $742,000

0.4 Acres
$1,751,922 Price per Acre
18,540 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $315,000 $469 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,156/month

226 Days on Market

About This Lot

As of April 2023

.40 acre+ lot with a single family home located adjacent to Mineral Springs Park that anchors the eastern Riverwalk Extension. Owner financing available. This lot is right in the middle of one of the most exciting urban renewal projects in the Sarasota Bay area. The property is located in a General Urban Zone-Restricted (T4-R). The T4-R zone allows a variety of options, including: *Multi-Family; *Single Family Attached; *Single Family Detached and Semi-Detached; *Bed and Breakfast; *Library; *Medical Clinic; and *Live-Work Units ("Live-Work Units are an ideal solution for kitchen-table startups and freelancers, a live-work unit is a space that combines your workspace with your living quarters so you essentially work from home but with a dedicated section for your office. Examples are Artist Studios; Holistic Healthcare; Used Bookstore; Attorney's Office; the possibilities are endless. [But verify with your city officials first].) The house needs renovation, but the structure is concrete block, and the roof is new - replaced in February 2022. Total area under roof is 1,238 sqft; living area is 672 sqft and has 2 bedrooms, 1 bath, screened porch, and a carport. The carport is under the main roof, so it could be enclosed for additional living space, master bedroom, office space, studio space, etc. The lot was covered with a lightweight fabric to control growth - it is easily removed. Also listed as vacant land - See MLS #A4549453

Last Agent to Sell the Property

Thomas Murphy

SKYWAY REALTY OF FLORIDA, LLC License #3139623 Listed on: 06/30/2022

Co-Listed By

Donna Murphy

SKYWAY REALTY OF FLORIDA, LLC License #3076001

Last Buyer's Agent

Michael Gaborko

MARCUS & COMPANY REALTY License #3474655

MARCUS & COMPANY REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,090

Lot Details

  • 18,540 Sq Ft Lot
  • Lot Dimensions are 90x206
  • South Facing Home
  • Board Fence
  • Property is zoned R1B

Community Details

  • No Home Owners Association
  • Broberg Plat Ctd Community
  • Brobergs Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 3194600007

Property Details

Property Type

Land

Est. Annual Taxes

$1,090

Lot Details

0.43 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 18540
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 16.99
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0306F

Utilities

  • Utilities: Electricity Available, Public, Sewer Connected, Street Lights, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R1B
  • Parcel Number: 3194600007
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Board
  • Lot Features: Central Business District
  • Lot Dimensions: 90x206
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential,Vacant

Tax Info

  • Tax Annual Amount: 1090
  • Tax Block: C
  • Tax Book Number: 1-134
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Apr 14, 2023
Sold by
Stewart Joseph W and Stewart William J
Bought by
Vertical Development Llc
Seller's Agent
Thomas Murphy
SKYWAY REALTY OF FLORIDA, LLC
Buyer's Agent
Michael Gaborko
MARCUS & COMPANY REALTY
List Price
$349,000
Sold Price
$315,000
Premium/Discount to List
-$34,000
-9.74%
Views
55
Current Estimated Value
$700,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,769
Avg. Annual Appreciation
31.38%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Desoto Holdings Inc
Bought by
Stewart Joseph W and Stewart William J

Purchase Details

Closed on
Apr 4, 2006
Sold by
Mccullars Earl
Bought by
Desoto Holdings Inc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Mccullars Earl
Bought by
Desoto Holdings Inc

Purchase Details

Closed on
Jul 1, 1999
Sold by
Mccullers Earl
Bought by
Grimes Rosa Lee

Purchase Details

Closed on
May 19, 1999
Sold by
Grimes Rosie Lee
Bought by
Mccullers Eral

Purchase Details

Closed on
Oct 19, 1998
Sold by
Grimes Rosie Lee
Bought by
Mccullers Earl
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
Vertical Development Llc $315,000 None Listed On Document
Stewart Joseph W $180,000 Attorney
Desoto Holdings Inc -- Attorney
Desoto Holdings Inc $110,000 Kuhlman Title Sarasota Lllp
Grimes Rosa Lee $1,200 --
Mccullers Eral -- --
Mccullers Earl -- --
Mccullers Earl -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $315,000 -9.7% $469 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
06/30/2022 06/30/22 For Sale $349,000 -- $519 / 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 $4,940 $247,729 $142,800 $104,929
2024 $4,940 $267,456 $142,800 $124,656
2023 $2,342 $233,854 $142,800 $91,054
2022 $1,558 $136,200 $0 $0
2021 $1,090 $76,273 $0 $0
2020 $1,064 $74,105 $0 $0
2019 $992 $70,528 $0 $0
2018 $901 $63,521 $0 $0
2017 $751 $53,429 $0 $0
2016 $690 $48,795 $0 $0
2015 $597 $48,176 $0 $0
2014 $597 $44,208 $0 $0
2013 $532 $39,048 $11,063 $27,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4540788

Stellar MLS

APN: 31946-0000-7

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