NOT LISTED FOR SALE

1601 Faust Dr Unit A & B Englewood, FL 34224

Englewood South Neighborhood

Estimated Value: $194,000 - $358,000

8 Beds
2 Baths
1,668 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $350,000 $210 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,958/month

143 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Central Heating and Cooling System
  • Family Room Off Kitchen
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2022

Investment opportunity-

Unit A has 2 bedrooms, 1 bathroom and a utility closet measuring 10x6 with it's own washer and dryer. Unit B, the bigger unit has 3 bedrooms, 2 bathrooms and a utility closet measuring 10x6 with it's own washer and dryer. in Unit B the 1st bedroom has sliding doors with access to the screened in patio.


Centrally located to many local restaurants, shops and businesses. Currently occupied. Less than 5 miles to Englewood Beach, Walmart 1/2 mile. Easy location to get to and from making this an ideal location. Most businesses located around the duplex are closed at night so no close neighbors.

Back on the market due to Buyers financing fell thru- appraisal was done with no issues.

Last Agent to Sell the Property

Janet Shawen

PARADISE EXCLUSIVE INC License #3409599 Listed on: 04/04/2022

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,393

Year Built

  • Built in 1972

Lot Details

  • 7,384 Sq Ft Lot
  • Lot Dimensions are 52.8 x 144 x 52.7 x 140

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,668 Sq Ft Home
  • Family Room Off Kitchen

Outdoor Features

  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gulf Wind Community
  • Gulf Wind Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 1 / C
  • Assessor Parcel Number 412004377001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,393

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1668
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 2458
  • Lot Size Sq Ft: 7384
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124681?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6124681?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98398
  • Price per Sq Ft: 209.83
  • Close to Original List Price Ratio: 0.98398
  • Ratio: Current Price\Building Area Total: 142.39
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Kitchen/Family Room Combo
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: CG
  • Parcel Number: 412004377001
  • Additional Parcels: No
  • Lot Dimensions: 52.8 x 144 x 52.7 x 140
  • Flood Zone Code: AE10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 3392.92
  • Tax Block: C
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
Aug 27, 2022
Sold by
Mosolino Michael J and Mosolino Pamela
Bought by
Tinoco Andres A and Medina Maricruz
Seller's Agent
Janet Shawen
PARADISE EXCLUSIVE INC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$355,700
Sold Price
$350,000
Premium/Discount to List
-$5,700
-1.6%
Views
21
Current Estimated Value
$292,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,093
Avg. Annual Appreciation
-5.50%
Original Mortgage
$285,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 1994
Sold by
Alisesky Esther N
Bought by
Mosolino Michael J and Mosolino Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.68%
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
Tinoco Andres A $350,000 New Title Company Name
Tinoco Andres A $350,000 South Florida Title Group
Mosolino Michael J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tinoco Andres A $285,000
Previous Owner Mosolino Michael J $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $350,000 -1.6% $210 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
06/19/2022 06/19/22 For Sale $355,700 0.0% $213 / Sq Ft
06/17/2022 06/17/22 Off Market $355,700 -- --
06/16/2022 06/16/22 For Sale $355,700 0.0% $213 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $355,700 -- $213 / 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 $5,047 $289,231 $56,488 $232,743
2023 $5,047 $225,396 $56,488 $168,908
2022 $3,880 $184,139 $46,131 $138,008
2021 $3,393 $123,004 $46,131 $76,873
2020 $3,523 $127,364 $46,131 $81,233
2019 $4,079 $125,496 $43,935 $81,561
2018 $3,625 $122,145 $43,935 $78,210
2017 $3,449 $106,174 $30,755 $75,419
2016 $2,994 $81,464 $0 $0
2015 $2,851 $74,058 $0 $0
2014 $2,639 $67,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janet Shawen

    Seller's Agent in 2022

    Janet Shawen

    PARADISE EXCLUSIVE INC

    (941) 882-2398

    12 in this area

    222 Total Sales

    Janet Shawen
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Map

Source: Stellar MLS

MLS Number: D6124681

Stellar MLS

APN: 412004377001

Florida Charlotte County Englewood 34224 Englewood South

1601 Faust Dr Unit A & B, Englewood, FL

This home is located at 1601 Faust Dr Unit A & B, Englewood, FL 34224 since 04 April 2022 and is currently estimated at $292,907, approximately $175 per square foot. This property was built in 1972. 1601 Faust Dr Unit A & B is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay 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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