NOT LISTED FOR SALE

1610 N Orange Ave Unit 1610-1612 Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $483,226 - $627,000

4 Beds
2 Baths
1,920 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $333,950 $174 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,349/month

94 Days on Market

Highlights

  • Attic
  • No HOA
  • Ceramic Tile Flooring
  • Riverview High School Rated A
  • Shed
  • Central Heating and Cooling System

About This Home

As of July 2019

Back on Market! Buyers financing fell through at last min due to an issue with gift funds. Home inspection and appraisal both came back great! Income producing multi-family duplex near downtown Sarasota with great tenants already in place! (2) bedroom (1.5) bath 960 sq ft townhome on each side. Both units feature tiled living area downstairs with open kitchen, dining area and half bath. Bedrooms and full baths are upstairs. Extensive renovations since 2014 include new roof, (2) HVAC units, (2) water heaters, 2nd floor siding, full kitchen remodel with granite counter tops and stainless steel appliances in unit 1612, full bathroom remodel in unit 1610 with kitchen updates including new range, stainless steel dishwasher & fixtures, wood laminate flooring in unit 1612, bedroom carpet in unit 1610, fresh paint both inside and out, (2) laundry centers, ceiling fans, LED light fixtures, bath fixtures, main water shutoff valves & perimeter fencing. Freshly jetted & scoped sewer lines with 5 year warranty along with freshly cleaned HVAC ducts. No Deferred Maintenance Here! Each unit enjoys a fully fenced, private back yard w/ low maintenance landscaping. Washer/dryer included in each unit. Great location within city limits & only 1 mile to Main Street! Keep as an annual rental for steady income or change to a seasonal to double your profits! Currently rented annually at $1,275 each side with room to increase rents. Water & electric meters are both separate and paid by the tenants. Showings by appointment only.

Last Agent to Sell the Property

Christina McNaught

EXP REALTY LLC License #3350642 Listed on: 03/09/2019

EXP REALTY LLC

Last Buyer's Agent

Christina McNaught

EXP REALTY LLC License #3350642 Listed on: 03/09/2019

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1981

Lot Details

  • 10,055 Sq Ft Lot
  • Lot Dimensions are 87x128
  • Fenced
  • Irrigation

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • Common or Shared Parking
  • Driveway

Outdoor Features

  • Shed

Utilities

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

Additional Features

  • Attic

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Walkers Sub Community
  • Walkers Sub Subdivision

Building Details

  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,075

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1920
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1981
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10055
  • Directions to Property: Head north on Orange Ave from Fruitville. Property is on the east side of the road past Gillespie park.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429730&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429730&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
  • Ratio: Close Price\List Price: 0.91518
  • Price per Sq Ft: 173.93
  • Close to Original List Price Ratio: 0.87905
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Spa Yn: No
  • Street Number Modifier: 1610
  • Additional Rooms: Attic
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Irrigation System, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0131F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, Driveway
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters
  • 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

  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2025020011
  • Additional Parcels: No
  • Lot Dimensions: 87x128
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2550

Multi Family

  • Gross Income: 30600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2075
  • Tax Block: A
  • Tax Book Number: 2-153
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Jul 10, 2019
Sold by
Hersowitz Dale
Bought by
Vagabond Rentals 1610 N Orange Ave Llc
Seller's Agent
Christina McNaught
EXP REALTY LLC
Buyer's Agent
Christina McNaught
EXP REALTY LLC
List Price
$364,900
Sold Price
$333,950
Premium/Discount to List
-$30,950
-8.48%
Current Estimated Value
$556,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,607
Avg. Annual Appreciation
8.43%
Original Mortgage
$250,462
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 9, 2019
Closed on
Jul 9, 2019
Sold by
Mcnaught John
Bought by
Hersowilz Dale
Seller's Agent
Christina McNaught
EXP REALTY LLC
Buyer's Agent
Christina McNaught
EXP REALTY LLC
List Price
$364,900
Sold Price
$333,950
Premium/Discount to List
-$30,950
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,462
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Fannie Mae
Bought by
Mcnaught John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2013
Sold by
Amador Carlos
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 30, 2003
Sold by
Sunstate Inv Group Inc
Bought by
Amador Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
5.82%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Doucette Homes Inc
Bought by
Sunstate Inv Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
7.16%

Purchase Details

Closed on
Oct 23, 2001
Sold by
Wa Mutual Bk
Bought by
Doucette Homes Inc

Purchase Details

Closed on
May 23, 2000
Sold by
Suntrust Bk
Bought by
Noll Jeffrey
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
Vagabond Rentals 1610 N Orange Ave Llc $246,800 Pinnacle Title Group Llc
Hersowilz Dale $333,950 Attorney
Mcnaught John $101,000 Oak Ridge Title Inc
Federal National Mortgage Association -- None Available
Amador Carlos $135,000 --
Sunstate Inv Group Inc $128,000 --
Doucette Homes Inc $72,500 --
Noll Jeffrey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hersowilz Dale $250,462
Previous Owner Mcnaught John $107,100
Previous Owner Amador Carlos $128,250
Previous Owner Sunstate Inv Group Inc $102,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2019 07/11/19 Sold $333,950 -8.5% $174 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $364,900 0.0% $190 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/04/2019 04/04/19 Price Changed $364,900 -3.9% $190 / Sq Ft
03/08/2019 03/08/19 For Sale $379,900 -- $198 / 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 $5,160 $315,447 -- --
2023 $5,160 $391,700 $54,900 $336,800
2022 $4,599 $334,000 $52,800 $281,200
2021 $3,908 $237,000 $33,200 $203,800
2020 $3,116 $181,200 $24,500 $156,700
2019 $1,981 $110,400 $20,700 $89,700
2018 $2,075 $116,000 $25,700 $90,300
2017 $1,261 $75,538 $0 $0
2016 $1,124 $114,800 $38,400 $76,400
2015 $930 $67,500 $7,600 $59,900
2014 $1,216 $61,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4429730

Stellar MLS

APN: 2025-02-0011