NOT LISTED FOR SALE

Estimated Value: $628,884 - $799,000

1 Bed
1 Bath
843 Sq Ft
$855/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $675,000 $801 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,473/month

26 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Den
  • Southside Elementary School Rated A
  • No HOA
  • 4-minute walk to Laurel Park

About This Home

As of November 2023

UNIQUE LIVE-WORK OPPORTUNITY in Laurel Park offering a variety of residential and non-residential uses such as retail, office, art studio, and more. Welcome to 1624 Oak Street, nestled in the heart of the picturesque and vibrant Laurel Park neighborhood in Sarasota, FL. This delightful 1 bedroom, 1 bath bungalow, with a den, is a true gem that seamlessly blends historic charm with modern comfort. Step outside your doorstep and immerse yourself in the rich history and character of Laurel Park. Enjoy leisurely strolls along tree-lined streets, visit nearby parks, or take a short stroll to downtown Sarasota where you'll find an array of dining, shopping, and entertainment options. The bungalow exudes warmth and character from the moment you enter. Original details like hardwood floors and vintage fixtures blend seamlessly with contemporary upgrades to create a cozy and inviting atmosphere. The den provides a versatile space that can be tailored to your needs – whether it's your creative sanctuary or a productive workspace. This space truly offers you an opportunity to savor the best of indoor-outdoor living. Experience the best of both worlds – the allure of history and the convenience of modern living. The bungalow provides you a unique opportunity to reside in a sought-after historic neighborhood without compromising on modern amenities. Don't miss out on the chance to make this charming bungalow in Laurel Park your own! Schedule a viewing today and imagine the possibilities of a life well-lived in this captivating abode.

Last Agent to Sell the Property

Kelly Mooney

DOUGLAS ELLIMAN Brokerage Phone: 941-321-5595 License #3078351 Listed on: 08/25/2023

DOUGLAS ELLIMAN

Co-Listed By

Betsy Sublett

DOUGLAS ELLIMAN Brokerage Phone: 941-321-5595 License #0378042

Last Buyer's Agent

Michele Tanner

PREFERRED SHORE LLC License #3190349

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1925

Lot Details

  • 5,607 Sq Ft Lot
  • Lot Dimensions are 50x112
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned DTE

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 843 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Laundry closet

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Private Mailbox

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Burns Realty Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 843
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1058
  • Lot Size Sq Ft: 5607
  • Status: Sold
  • Co List Office Mls Id: MFR281522997
  • Co List Office Phone: 941-867-9866
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 98.29
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • RATIO Current Price By Calculate: 800.71
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Stem Wall
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 78.32

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, Private Mailbox, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Schools

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

Lot Info

  • Zoning: DTE
  • Parcel Number: 2027150047
  • Additional Parcels: No
  • Lot Features: Historic District, Sidewalk, Paved
  • Lot Dimensions: 50x112
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Properties located in the City of Sarasota have a minimum lease period for a SFH of 1 week. Please review the information at https://www.sarasotafl.gov/government/development-services/vacation-rentals

Tax Info

  • Tax Annual Amount: 670.78
  • Tax Block: G
  • Tax Book Number: A-35
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Nov 2, 2023
Sold by
Perez Linda Oralia
Bought by
Revocable Trust and Sweet
Seller's Agent
Kelly Mooney
DOUGLAS ELLIMAN
Buyer's Agent
Michele Tanner
PREFERRED SHORE LLC
List Price
$825,000
Sold Price
$675,000
Premium/Discount to List
-$150,000
-18.18%
Views
32
Current Estimated Value
$720,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,471
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Jenkins Keistel Dwayne
Bought by
Arnett Marila Louise

Purchase Details

Closed on
Dec 3, 1997
Sold by
Cochran Norma C
Bought by
Grensted Linda O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Revocable Trust $675,000 None Listed On Document
Arnett Marila Louise $4,100 --
Grensted Linda O $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grensted Linda O $92,700
Previous Owner Grensted Linda O $88,606
Previous Owner Grensted Linda O $35,000
Previous Owner Grensted Linda O $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $675,000 -14.0% $801 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/16/2023 09/16/23 Price Changed $784,900 -4.9% $931 / Sq Ft
08/25/2023 08/25/23 For Sale $825,000 -- $979 / 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
2025 $8,470 $621,940 -- --
2024 $725 $565,400 $433,600 $131,800
2023 $725 $76,382 $0 $0
2022 $671 $74,157 $0 $0
2021 $695 $71,997 $0 $0
2020 $703 $71,003 $0 $0
2019 $689 $69,407 $0 $0
2018 $681 $68,113 $0 $0
2017 $679 $66,712 $0 $0
2016 $686 $230,600 $182,500 $48,100
2015 $697 $284,200 $242,600 $41,600
2014 $696 $63,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4579825

Stellar MLS

APN: 2027-15-0047