NOT LISTED FOR SALE

Estimated Value: $360,000 - $486,000

0.14 Acre
$2,985,486 Price per Acre
6,180 Sq Ft Lot

Last Sold March 14, 2022

Last sale price $430,000 $522 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,717/month

257 Days on Market

Highlights

  • Property is near public transit
  • High Speed Internet
  • Heating Available
  • Riverview High School Rated A
  • Level Lot
  • 4-minute walk to Whitaker Gateway Park

About This Lot

As of March 2022

Small bungalow on North Trail Zoned lot in Opportunity Zone 2. Adjacent to commercially zoned land along Tamiami Trail on Sarasota's near north side. While it is within the boundaries of the Central - Cocoanut Historic District the underlying zoning gives it potential for redevelopment as multi-family. The parcel immediately to the east is already permitted for 4 units possibly providing a design template. And, the property across the street has been creatively redeveloped using the same North Trail Zoning parameters. It is on a street with significant, historic houses but this one is valued being in the "path of progress" as Sarasota continues to grow north along the US 41 corridor. Nearby developments include the 14th Street roundabout, The Sarasota Bay Club and The Bay Sarasota, a developing city park on 53 acres of city-owned land on Sarasota Bay. The Ringling College of Art and Design is just to the north and the waterfront Centennial Park is just across the street.

Last Agent to Sell the Property

David Jennings

COLDWELL BANKER REALTY License #0697944 Listed on: 05/13/2021

COLDWELL BANKER REALTY

Co-Listed By

Ulrica Regnander

COLDWELL BANKER REALTY License #3290506

Last Buyer's Agent

David Shabliy

KELLER WILLIAMS ST PETE REALTY License #3490804

KELLER WILLIAMS ST PETE REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,703

Lot Details

  • 6,180 Sq Ft Lot
  • Lot Dimensions are 60x103
  • North Facing Home
  • Level Lot
  • Property is zoned NT

Location

  • Property is near public transit
  • City Lot

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Valencia Terrace Community
  • Valencia Terrace Rev Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 2025040055

Property Details

Property Type

Land

Est. Annual Taxes

$1,703

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6180
  • Number Of Lots: 1
  • Directions to Property: From downtown Sarasota go north on Tamiami Trail to 15th Street one block north of the roundabout. East on 15th Street. First house on south side of street.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.86172
  • Price per Sq Ft: 69.58
  • Close to Original List Price Ratio: 0.82692
  • View: No
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1224

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Front Footage: 60
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Public, Sewer Connected, Street Lights, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Requirement: None

Lot Info

  • Zoning: NT
  • Parcel Number: 2025040055
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Curb and Gutters, City Lot, Level, Near Public Transit, Sidewalk, Street Lights
  • Lot Dimensions: 60x103
  • Price Per Acre: 3071429
  • Flood Zone Code: x
  • Current Adjacent Use: Commercial, Multi-Family, Residential
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1702.74
  • Tax Block: C
  • Tax Book Number: 1-45
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Mar 14, 2022
Sold by
Paul Eiseobarth
Bought by
Denke John and Denke Alla
Seller's Agent
David Jennings
COLDWELL BANKER REALTY
Buyer's Agent
David Shabliy
KELLER WILLIAMS ST PETE REALTY
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%
Current Estimated Value
$417,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,032
Avg. Annual Appreciation
2.55%
Original Mortgage
$322,500
Outstanding Balance
$305,916
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$163,399

Purchase Details

Closed on
Aug 29, 2002
Sold by
Clark Joan P
Bought by
Eisenbarth Paul and Sommers Pola

Purchase Details

Closed on
Mar 20, 2002
Sold by
Clark Joan P and Clark Charles F
Bought by
Clark Joan P
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
Denke John $430,000 Cynthia A Riddell Pa
Eisenbarth Paul $77,000 --
Clark Joan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denke John $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $430,000 -13.8% $522 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
11/04/2021 11/04/21 For Sale $499,000 +16.0% $606 / Sq Ft
11/04/2021 11/04/21 Off Market $430,000 -- --
10/14/2021 10/14/21 Price Changed $499,000 -2.2% $606 / Sq Ft
07/22/2021 07/22/21 Price Changed $510,000 -1.9% $619 / Sq Ft
05/03/2021 05/03/21 For Sale $520,000 -- $631 / 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 $5,332 $292,100 $247,200 $44,900
2023 $5,332 $347,900 $285,800 $62,100
2022 $2,751 $323,700 $284,300 $39,400
2021 $1,703 $150,500 $97,400 $53,100
2020 $1,645 $142,300 $92,700 $49,600
2019 $1,804 $172,300 $119,000 $53,300
2018 $1,872 $186,300 $135,000 $51,300
2017 $1,837 $39,619 $0 $0
2016 $1,276 $104,600 $69,800 $34,800
2015 $1,150 $87,600 $61,800 $25,800
2014 $788 $27,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4500794

Stellar MLS

APN: 2025-04-0055