NOT LISTED FOR SALE

Estimated Value: $245,000 - $342,000

13 Beds
8 Baths
4,202 Sq Ft
$70/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $124,900 $30 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,822/month

213 Days on Market

Highlights

  • 0.36 Acre Lot
  • Property is near public transit
  • Central Heating
  • Booker High School Rated A-
  • No HOA
  • 2-minute walk to Firehouse Park Sarasota

About This Home

As of February 2015

LIVE IN ONE UNIT & LEASE THE REST - GREAT INVESTMENT POTENTIAL! 4 units: a duplex w/total 5 bedrooms, 3 baths - an efficiency unit - & a 3 bedroom, 2 bath unit. A great project for the DIY enthusiast. Bring your imagination, design ideas, & inspirations to make this a smart acquisition. Good location, close to: public transportation, abundant shopping, schools, loads of recreational options, a plethora of cultural activities, & convenient to downtown Sarasota amenities. Commuting is fast and easy via US 41 or US 301. Spectacular sunsets await, just a short drive and you can be splashing in the Gulf of Mexico or bury your feet in the white sand of our glorious beaches. Don't delay, call today!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,838

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 150x104

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 4,202 Sq Ft Home
  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 8 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Central Heating

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Palm Grove Community
  • Palm Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0026130128
  • Tax Block A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,838

Year Built

Built in 1984

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Frame
  • Living Area: 4202
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 15525
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 29.72
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2013
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 8
  • Total Bedrooms: 13
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected
  • Cooling: None
  • Heating: Central, Electric
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0026130128
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit
  • Lot Dimensions: 150x104
  • Flood Zone Code: X500
  • Future Land Use: 082X

Rental Info

  • Security Deposit: 0

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 3
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 2838
  • Tax Block: A
  • Tax Book Number: 01/69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Feb 2, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ishak Nadim
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$292,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,154
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 20, 2004
Sold by
Mcneelan Mike and The Mike Mcneelan Trust
Bought by
Sherman Robert John and Sherman Marie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1997
Sold by
Us Customs Svc
Bought by
Aitken Wayne L
Source: Public Records
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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
Ishak Nadim $124,900 Consumer Title & Escrow Svcs
Federal Home Loan Mortgage Corporation -- Attorney
Sherman Robert John $415,000 Closing Solutions Title
Aitken Wayne L $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Robert John $373,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $124,900 -- --
02/02/2015 02/02/15 Sold $124,900 0.0% $30 / Sq Ft
01/05/2015 01/05/15 Pending -- -- --
12/23/2014 12/23/14 For Sale $124,900 0.0% $30 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/27/2014 10/27/14 Price Changed $124,900 -16.7% $30 / Sq Ft
08/21/2014 08/21/14 Price Changed $149,900 -6.3% $36 / Sq Ft
08/05/2014 08/05/14 Price Changed $159,900 -11.1% $38 / Sq Ft
06/05/2014 06/05/14 For Sale $179,900 -- $43 / 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 $3,429 $203,996 -- --
2024 $3,193 $185,451 -- --
2023 $3,193 $246,100 $73,200 $172,900
2022 $2,990 $236,300 $66,500 $169,800
2021 $2,546 $168,400 $54,500 $113,900
2020 $2,341 $146,200 $41,000 $105,200
2019 $2,252 $149,200 $30,800 $118,400
2018 $2,113 $134,300 $26,200 $108,100
2017 $1,823 $95,161 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: M5846776

Stellar MLS

APN: 0026-13-0146

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