NOT LISTED FOR SALE

131 Garfield Dr Unit 1A Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $666,876 - $763,000

2 Beds
2 Baths
1,215 Sq Ft
$818/mo HOA Fee

Last Sold June 22, 2020

Last sale price $400,000 $329 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,252/month

160 Days on Market

Highlights

  • Water Access
  • Public Beach
  • End Unit
  • Southside Elementary School Rated A
  • Contemporary Architecture
  • Pool View

About This Home

As of June 2020

Lido Beach Treasure! Riviera of Lido Beach condominium complex is situated within 150 steps of Lido’s Public Beach. This ground floor 2-bedroom, 2 bath, condo comes turnkey furnished with all of the furnishings for your convenience. Ceramic tile covers the entire living space, and both are sparkling and new. The oversized screened lanai is steps away from the heated community pool. Both baths have been updated and the water heater is new. There is an assigned parking spot along with a large storage closet. Take comfort in knowing that the building has just undergone some significant improvements; all cast iron pipes, both vertical and horizontal, have been replaced with pvc and the elevator has had a $25,000 upgrade. Enjoy kayaking around the corner at South Lido Park, or relax at the casual, friendly Lido Pavilion, and the beautiful beach down the street. This is an easy walk to St. Armands Circle, restaurants, night life, ice cream, shops, and much more! Not to mention the short drive to downtown Sarasota, and popular opera, theaters, galleries, Saturday's Farmers market, etc.

Last Agent to Sell the Property

Kelly Mooney

DOUGLAS ELLIMAN License #3078351 Listed on: 12/05/2019

DOUGLAS ELLIMAN

Co-Listed By

Betsy Sublett

DOUGLAS ELLIMAN License #0378042

Last Buyer's Agent

Kelly Rosenberg

COLDWELL BANKER REALTY License #3264799

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,568

Year Built

  • Built in 1978

Lot Details

  • Public Beach
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $818 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,215 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, water
  • Progressive Management Association, Phone Number (941) 921-5393
  • Mid-Rise Condominium
  • Riviera Of Lido Beach Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,568

Year Built

Built in 1978

Lot Details

0

HOA Fees

$818 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1215
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1430
  • Directions to Property: From St. Armands Circle go west toward the beaches, head south on Ben Franklin Dr, and left on Garfield. Building is immediately on your left. Please park in the guest parking!
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452550?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4452550?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.91116
  • Price per Sq Ft: 329.22
  • Close to Original List Price Ratio: 0.85106
  • Ratio: Current Price\Building Area Total: 279.72
  • View: Yes
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 4
  • Window Features: Shutters
  • Street Number Modifier: 131
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Sliding Doors, Storage
  • Roof: Built-Up, Other
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, Other, Under Building
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Water Access
  • Association Amenities: Elevator(s), Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Progressive Management
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2454
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 818
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9816
  • Total Monthly Fees: 818

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2016114001
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: See Rules Application Fee
  • Num Timesper Year: 12
  • Pet Restrictions: See Rules
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules

Tax Info

  • Tax Annual Amount: 4568
  • Tax Book Number: 11-23
  • Tax Lot: 1A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2019
Closed on
Jun 22, 2020
Sold by
Saunders William and Saunders Sharon
Bought by
Watson John R and Watson Suzanne M
Seller's Agent
Kelly Mooney
DOUGLAS ELLIMAN
Buyer's Agent
Kelly Rosenberg
COLDWELL BANKER REALTY
List Price
$470,000
Sold Price
$400,000
Premium/Discount to List
-$70,000
-14.89%
Current Estimated Value
$708,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,021
Avg. Annual Appreciation
11.58%
Original Mortgage
$300,000
Outstanding Balance
$269,424
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$433,893

Purchase Details

Closed on
May 15, 2008
Sold by
Kollenberger Hans J H and Kollenberger Elisabeth C
Bought by
Saunders William and Saunders Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.08%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 31, 1999
Sold by
Kollenberger Hans J Heinrich and Kollenberger Elisabeth C
Bought by
Kollenberger Hans J H and Kollenberger Elisabeth C

Purchase Details

Closed on
Aug 26, 1996
Sold by
Kozma Katalin
Bought by
Kollenberger Hans J Heinrich and Kollenberger Elisabeth C
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
Watson John R $400,000 Attorney
Saunders William $380,000 None Available
Kollenberger Hans J H -- --
Kollenberger Hans J Heinrich $139,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson John R $300,000
Previous Owner Saunders William $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $400,000 -8.9% $329 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $439,000 -6.6% $361 / Sq Ft
12/05/2019 12/05/19 For Sale $470,000 -- $387 / 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 $6,688 $436,544 -- --
2023 $6,688 $486,900 $0 $486,900
2022 $5,918 $409,900 $0 $409,900
2021 $5,150 $317,800 $0 $317,800
2020 $5,198 $327,100 $0 $327,100
2019 $4,569 $274,000 $0 $274,000
2018 $4,839 $290,200 $0 $290,200
2017 $4,861 $287,540 $0 $0
2016 $4,565 $261,400 $0 $261,400
2015 $4,377 $244,400 $0 $244,400
2014 $4,496 $237,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4452550

Stellar MLS

APN: 2016-11-4001