NOT LISTED FOR SALE

Estimated Value: $816,000 - $998,000

3 Beds
2 Baths
2,340 Sq Ft
$383/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $931,000 $398 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,502/month

98 Days on Market

Highlights

  • Garden View
  • No HOA
  • Storage Room
  • Booker High School Rated A-
  • Covered patio or porch
  • Shed

About This Home

As of September 2023

Beautiful Key West style complex for sale in Gillespie Park in downtown Sarasota with lots of options!

This tri-plex is located just blocks from Main Street, the farmer's market, Whole Foods, restaurants and the Bayfront. The property features a main house with three apartments, an art studio and a two-story outbuilding with a private bar, 600 feet of storage space and a coin operated laundry room.

The apartments consist of the following:
One bedroom with full kitchen Studio with kitchen but no oven Large studio with full kitchen

The main house could be remodeled into a fabulous 2,300 square foot single-family home on a quarter acre lot with room for a pool.

The value of this property is in the land, as this is a 10,932 square foot lot with extremely rare alley access. The DTN zoning code allows three homes with accessory dwelling units (ADUs) to be built. Alley access allows homes to be built with ADU access and parking in the alley, instead of using a driveway from the front of the property.

Last Agent to Sell the Property

Jonathan Minerick

HOMECOIN.COM Brokerage Phone: 888-400-2513 License #3477996 Listed on: 04/29/2023

Last Buyer's Agent

Carlye Crabtree

COLDWELL BANKER REALTY License #3531629

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,661

Year Built

  • Built in 1924

Lot Details

  • 0.25 Acre Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,340 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Storage Room
  • Laminate Flooring
  • Garden Views
  • Crawl Space
  • Fire and Smoke Detector
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Halls Sub James S Community
  • Halls Sub James S Subdivision

Building Details

  • Operating Expense $25,505
  • Gross Income $53,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,661

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2340
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1924
  • Lot Size Sq Ft: 10932
  • Number Of Lots: 1
  • Directions to Property: Property located in Gillespie Park, three houses East of Orange Avenue on 7th Street.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 546172799
  • RATIO Current Price By Calculate: 397.86
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Other
  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Street Number Modifier: 1646
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 217.39

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: Lighting, Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Available, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: DTN
  • Parcel Number: 2026070058
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1016

Rental Info

  • Furnished: Partially
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 53040
  • Number Of Units Total: 3
  • Total Num Buildings: 2
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 8661
  • Tax Block: D
  • Tax Book Number: 1-27
  • Tax Lot: 10,12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Sep 18, 2023
Sold by
Curley And Squirrely Holdings Llc
Bought by
Katler Consulting Group Llc
Seller's Agent
Jonathan Minerick
HOMECOIN.COM
Buyer's Agent
Carlye Crabtree
COLDWELL BANKER REALTY
List Price
$995,000
Sold Price
$931,000
Premium/Discount to List
-$64,000
-6.43%
Total Days on Market
98
Views
203
Current Estimated Value
$895,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,680
Avg. Annual Appreciation
-2.27%

Purchase Details

Closed on
Mar 10, 2022
Sold by
Curley And Squirrely Holdings Llc
Bought by
Seager Andrea M

Purchase Details

Closed on
Nov 1, 2019
Sold by
Seager Andrea M and Bering Andrea M
Bought by
Curley And Squirrely Holdings Llc

Purchase Details

Closed on
Dec 15, 2000
Sold by
Assyag Zahi
Bought by
Bering Andrea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,623
Interest Rate
7.79%

Purchase Details

Closed on
Nov 19, 1999
Sold by
Sponseller Clayton D and Sponseller Mary
Bought by
Assyag Zahi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.94%

Purchase Details

Closed on
Apr 21, 1999
Sold by
Com Housing Corp Sarasota Inc
Bought by
Sponseller Clayton D and Sponseller Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
7.06%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Peacock Belva M and Arlott Hazile M
Bought by
Com Housing Corp Sarasota

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
7.07%
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
Katler Consulting Group Llc $931,000 None Listed On Document
Seager Andrea M -- Hankin Shannon G
Curley And Squirrely Holdings Llc -- Accommodation
Bering Andrea M $140,000 --
Assyag Zahi $105,000 --
Sponseller Clayton D $33,300 --
Com Housing Corp Sarasota $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bering Andrea M $102,623
Previous Owner Assyag Zahi $84,000
Previous Owner Sponseller Clayton D $43,000
Previous Owner Com Housing Corp Sarasota $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $931,000 -6.4% $398 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $995,000 0.0% $425 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $995,000 -- $425 / 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 $9,010 $722,800 $502,400 $220,400
2023 $9,010 $665,000 $470,700 $194,300
2022 $9,022 $667,700 $509,600 $158,100
2021 $7,670 $477,600 $301,800 $175,800
2020 $7,934 $481,800 $328,400 $153,400
2019 $6,219 $432,400 $271,800 $160,600
2018 $5,435 $355,800 $219,200 $136,600
2017 $4,714 $273,339 $0 $0
2016 $4,518 $265,800 $168,700 $97,100
2015 $4,104 $225,900 $146,700 $79,200
2014 $4,110 $196,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3442726

Stellar MLS

APN: 2026-07-0058