NOT LISTED FOR SALE

1551 7th St Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $375,910 - $706,000

2 Beds
1 Bath
900 Sq Ft
$598/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $400,000 $444 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,215/month

25 Days on Market

Highlights

  • Parking available for a boat
  • Oak Trees
  • Open Floorplan
  • Booker High School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of August 2021

SARASOTA ~ CITY OF SARASOTA ~ DOWNTOWN SARASOTA ~ ROSEMARY DISTRICT, so many things to talk about concerning this very rare 1926 home and property grouping. Kept in fantastic condition, current and past tenants have expressed a hard time leaving. Yes we did say grouping, there are four contiguous homes on an estimated 23,567 SF of land (perfect rectangle). Consider one or all four homes depending on your living / development plan requirements. The home @ #1551 boasts many rare and inviting features e.g. front porch / wood floors and the list goes on. Current tenancy is through 2/28/2022 @ $1,400.00 monthly. If Downtown Sarasota is your living goal, this location / area is very hard to beat. We look forward to your calls and subsequent visits.

Last Agent to Sell the Property

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 05/28/2021

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Robert Anderson Jr

RE/MAX ALLIANCE GROUP License #3054681 Listed on: 05/28/2021

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,879

Year Built

  • Built in 1926

Lot Details

  • 5,032 Sq Ft Lot
  • Lot Dimensions are 72x70
  • West Facing Home
  • Dog Run
  • Wood Fence
  • Mature Landscaping
  • Oak Trees
  • Bamboo Trees
  • Wooded Lot
  • Property is zoned DTE

Property Views

  • Woods
  • Garden
  • Park or Greenbelt

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Common or Shared Parking
  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Halls Sub James S Community
  • Rosemary District Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,879

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 900
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1926
  • Building Area Total: 1059
  • Lot Size Sq Ft: 5032
  • Number Of Lots: 1
  • Directions to Property: Sarasota ~ Fruitville Road ~ Orange Avenue ~ 7th Street ~ #1551
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarastoa
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: S. Orange Ave
  • Escrow Street Number: 200
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 444.44
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: End Unit,Stilt Home
  • Amenities Additional Fees: NONE
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Other, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Cooktop, Dryer, Electric Water Heater, Microwave, Other, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1551
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Great Room,Storage Rooms
  • Living Area Meters: 83.61
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Exterior Features: Dog Run, Fence, Lighting, Other, Sidewalk, Storage
  • Roof: Metal, Other
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Park/Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Other
  • Road Surface Type: Asphalt, Concrete, Other, Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-05-24
  • Flood Zone Panel: 0133F
  • Additional Water Information: Close to Sarasota Bayfront!

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Common, Curb Parking, Driveway, Guest, Off Street, Oversized, Tandem

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Other, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air, Other
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Association Name: ON FILE
  • Phone: ON FILE
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: HALLS SUB JAMES S.
  • Pet Restrictions: Refer to City of Sarasota Code.
  • Association Fee Requirement: None
  • Condo Land Included YN: 1
  • Association Email: ON FILE
  • Association URL: ON FILE
  • Subdivision Section Number: 19
  • SW Subdiv Condo Num: 222

Fee Information

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

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2026060008
  • Additional Parcels Description: 0
  • Additional Parcels: No
  • Fencing: Other, Wood
  • Lot Dimensions: 72X70
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 467
  • Zoning Compatible YN: 1
  • Future Land Use: DTE

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: City of Sarasota DTE Zoning.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 2879.43
  • Tax Block: A
  • Tax Book Number: 1-27
  • Tax Lot: 7

Multi Family

  • Approval Process: Owner
  • Currency Monthly Rent Amt: 1400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 4, 2021
Sold by
Weintraub Robert F and Weintraub Jeffrey Julie
Bought by
Seventh Street Realty Llc
Seller's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
Buyer's Agent
Robert Anderson Jr
RE/MAX ALLIANCE GROUP
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Total Days on Market
25
Current Estimated Value
$538,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,228
Avg. Annual Appreciation
7.82%
Original Mortgage
$1,000,000
Outstanding Balance
$281,480
Interest Rate
3%
Mortgage Type
Seller Take Back
Estimated Equity
$251,856

Purchase Details

Closed on
Oct 24, 2016
Sold by
Weintraub Robert F
Bought by
Weintraub Robert F and Jeffrey Julie E

Purchase Details

Closed on
Oct 1, 2016
Bought by
Weintraub Robert F

Purchase Details

Closed on
Nov 14, 2003
Sold by
Weintraub Robert
Bought by
Weintraub Robert
Source: Public Records

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Range of Values:

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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
Seventh Street Realty Llc $1,600,000 Attorney
Weintraub Robert F -- None Available
Weintraub Robert F $100 --
Weintraub Robert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seventh Street Realty Llc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Off Market $400,000 -- --
08/04/2021 08/04/21 Sold $400,000 -19.8% $444 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $499,000 -- $554 / 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 $4,303 $282,500 $261,700 $20,800
2023 $4,303 $281,500 $256,900 $24,600
2022 $4,613 $301,300 $285,900 $15,400
2021 $3,237 $290,100 $248,800 $41,300
2020 $2,879 $240,200 $204,000 $36,200
2019 $2,665 $224,400 $188,000 $36,400
2018 $2,544 $96,906 $0 $0
2017 $2,248 $88,096 $0 $0
2016 $2,036 $157,500 $116,400 $41,100
2015 $1,817 $130,600 $101,200 $29,400
2014 $1,299 $60,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Anderson Jr

    Seller's Agent in 2021

    Robert Anderson Jr

    RE/MAX

    (941) 320-6115

    13 in this area

    76 Total Sales

    Robert Anderson Jr
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4502296

Stellar MLS

APN: 2026-06-0008

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1551 7th St, Sarasota, FL

This home is located at 1551 7th St, Sarasota, FL 34236 since 28 May 2021 and is currently estimated at $538,228, approximately $598 per square foot. This property was built in 1926. 1551 7th St is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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