NOT LISTED FOR SALE

161 Golden Gate Point Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,369,000 - $1,777,000

4 Beds
4 Baths
2,752 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $899,997 $327 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,699/month

135 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Shed
  • Southside Elementary School Rated A
  • Mature Landscaping
  • 5-minute walk to Causeway Park

About This Home

As of July 2018

A Golden opportunity on Golden Gate Point. A 2 story cement block four plex which has been in the same family since the 1950s. Four 1 bedroom 1 bath central air conditioned units, separately metered, approximately 700 sq ft per unit and each one comes with a semi enclosed garage or carport and private storage space. The upstairs units have carpeting, one downstairs unit has tile and a newer open kitchen and updated bathroom. The other downstairs unit has wood look laminate floors. Basically all units have the same floor plan and newer windows, but not impact. this property can be re-developed as allowed by current zoning, to a 4-unit, 4-story structure with a maximum height of 50' over 15' garages (total height 65'). Each unit could be 2,500' to 3,000' with private parking. Sarasota Zoning Code - Sec. VI-305 for the Alternative Lot Size, Building Setbacks/Coverage for GGP is attached. Tremendous potential in an outstanding location! Or use current units as 8 day or seasonal rentals for maximum income.

Last Agent to Sell the Property

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 01/16/2018

BRIGHT REALTY

Last Buyer's Agent

Amy Robinson

AMY ROBINSON REAL ESTATE LLC License #3082670

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,070

Year Built

  • Built in 1949

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Mature Landscaping

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Quadruplex
  • Bi-Level Home
  • Tile Roof
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,752 Sq Ft Home
  • Combination Dining and Living Room
  • Range

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Sarasota Middle School
  • Sarasota High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golden Gate Point Community
  • Golden Gate Point Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,070

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2752
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1949
  • Lot Size Sq Ft: 7200
  • Directions to Property: From downtown, Ringling to left on Golden Gate Point before Ringling Bridge, then right at stop sign and first building on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4206981&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4206981&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 327.03
  • Close to Original List Price Ratio: 0.81818
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Porcelain Tile
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Levels: Two
  • Street Number Modifier: 161
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Sidewalk
  • Roof: Built-Up, Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Amenities: Laundry, Storage
  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2010080030
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Near Public Transit, Sidewalk
  • Lot Dimensions: 60x120
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 57600
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10070
  • Tax Block: B
  • Tax Book Number: 763-906
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jul 18, 2018
Sold by
161 Golden Gate Llc
Bought by
Robinson Troy A and Robinson Amy B
Seller's Agent
Gabriel Reed
BRIGHT REALTY
Buyer's Agent
Amy Robinson
AMY ROBINSON REAL ESTATE LLC
List Price
$899,997
Sold Price
$899,997
Current Estimated Value
$1,515,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,422
Avg. Annual Appreciation
7.47%
Original Mortgage
$719,998
Outstanding Balance
$625,365
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$890,054

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jan 10, 2018
Sold by
Brown August R and Brown Grace
Bought by
161 Golden Gate Llc
Seller's Agent
Barbara May
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gabriel Reed
BRIGHT REALTY
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.99%

Purchase Details

Closed on
Apr 26, 2006
Sold by
Brown August R
Bought by
Brown August R and Brown Grace

Purchase Details

Closed on
Jan 17, 1995
Sold by
Brown August R
Bought by
Brown August R and Brown August R

Purchase Details

Closed on
Dec 10, 1993
Sold by
Brown Ruby E and Brown August R
Bought by
Brown August R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robinson Troy A $900,000 Attorney
161 Golden Gate Llc $750,000 Attorney
Brown August R -- Attorney
Brown August R -- --
Brown August R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Troy A $719,998
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $899,997 0.0% $327 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $899,997 0.0% $327 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $899,997 +20.0% $327 / Sq Ft
04/12/2018 04/12/18 Off Market $750,000 -- --
01/16/2018 01/16/18 For Sale $1,099,997 +46.7% $400 / Sq Ft
01/10/2018 01/10/18 Sold $750,000 0.0% $273 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $750,000 -- $273 / 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 $19,601 $960,291 -- --
2023 $19,601 $1,664,500 $1,460,000 $204,500
2022 $18,725 $1,632,400 $1,404,000 $228,400
2021 $12,752 $715,200 $642,600 $72,600
2020 $12,627 $691,200 $550,100 $141,100
2019 $12,504 $685,200 $550,100 $135,100
2018 $10,319 $608,100 $524,900 $83,200
2017 $10,070 $482,427 $0 $0
2016 $8,569 $487,100 $340,200 $146,900
2015 $7,828 $398,700 $324,000 $74,700
2014 $7,191 $327,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gabriel Reed

    BRIGHT REALTY

    (941) 677-5060

    1 in this area

    63 Total Sales

    Gabriel Reed
    Section Image
  • Barbara May

    Seller's Agent in 2018

    Barbara May

    Michael Saunders

    (941) 312-1302

    27 in this area

    144 Total Sales

    Barbara May
    Section Image
  • Amy Robinson

    Buyer's Agent in 2018

    Amy Robinson

    AMY ROBINSON REAL ESTATE LLC

    (941) 346-7000

    7 in this area

    45 Total Sales

    Amy Robinson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4206981

Stellar MLS

APN: 2010-08-0030

Florida Sarasota County Sarasota 34236 Downtown Sarasota

161 Golden Gate Point, Sarasota, FL

This home is located at 161 Golden Gate Point, Sarasota, FL 34236 since 16 January 2018 and is currently estimated at $1,515,419, approximately $550 per square foot. This property was built in 1949. 161 Golden Gate Point is a home located in Sarasota County with nearby schools including Southside 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

Nearby Homes