NOT LISTED FOR SALE

1669 5th St Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $515,000 - $1,604,000

2 Beds
1 Bath
732 Sq Ft
$1,445/Sq Ft Est. Value

Last Sold March 25, 2019

Last sale price $226,600 $310 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $6,997/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Garage
  • Booker High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • South Facing Home

About This Home

As of March 2019

Amazing opportunity for investors and developers! This property has a very desirable location, minutes to downtown! Whether you choose to renovate the home or build new, you can guarantee this will be a profitable investment. There is a tenant in place on a month to month basis paying $1,200 per month; should you choose to rebuild, it's the perfect opportunity to collect some income while you're getting your permits in place. The Downtown Neighborhood (DTN) zoning will allow you to build up to a 3 story home with a detached garage. You can add a 600 SQFT room on top of the garage. Cash only. Sold As-is.

Last Agent to Sell the Property

Joseph Kempf

BRIGHT REALTY License #0623723 Listed on: 03/06/2019

BRIGHT REALTY

Last Buyer's Agent

Valarie Wadsworth

MICHAEL SAUNDERS & COMPANY License #0689862

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1930

Lot Details

  • 5,501 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned DTN

Parking

  • 1 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 732 Sq Ft Home
  • Wood Burning Fireplace
  • Crawl Space
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Central Park Community
  • Central Park Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 732
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1930
  • Building Area Total: 892
  • Lot Size Sq Ft: 5501
  • Directions to Property: Osprey Ave., North of Fruitville to West on 5th - house on north side of Road
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429555&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4429555&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98952
  • Price per Sq Ft: 309.56
  • Close to Original List Price Ratio: 0.98952
  • Ratio: Current Price\Building Area Total: 254.04
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Street Number Modifier: 1669
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced
  • 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: 12115C0133F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTN
  • Parcel Number: 2026100044
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1200
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 2376
  • Tax Block: 1
  • Tax Book Number: 1-1
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2019
Closed on
Mar 25, 2019
Sold by
Park East Rentals Llc
Bought by
Myers Mark N and Castaldi Elizabeth
Seller's Agent
Joseph Kempf
BRIGHT REALTY
Buyer's Agent
Valarie Wadsworth
MICHAEL SAUNDERS & COMPANY
List Price
$229,000
Sold Price
$226,600
Premium/Discount to List
-$2,400
-1.05%
Total Days on Market
3
Current Estimated Value
$1,057,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,379
Avg. Annual Appreciation
31.98%

Purchase Details

Closed on
Aug 27, 2013
Sold by
Kempf Joseph H
Bought by
Park East Rentals Llc

Purchase Details

Closed on
Jan 7, 2011
Sold by
Highland Property Management Llc
Bought by
Kempf Joseph H

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
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2010
Sold by
Bowling Terry W and Bowling Michele S
Bought by
Highland Property Management Llc

Purchase Details

Closed on
Jun 1, 1999
Sold by
Dubbs Daniel W and Dubbs Debra K
Bought by
Bowling Terry W and Bowling Michele S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 1996
Sold by
Brewer Alfretta E and Brewer Preston
Bought by
Dubbs Daniel W and Dubbs Debra K
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
Myers Mark N $226,600 Attorney
Park East Rentals Llc -- Attorney
Kempf Joseph H $47,000 Attorney
Highland Property Management Llc -- Quality First Title Inc
Bowling Terry W $41,800 --
Dubbs Daniel W $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kempf Joseph H $40,000
Previous Owner Bowling Terry W $75,000
Previous Owner Bowling Terry W $33,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2019 03/25/19 Sold $226,600 -1.0% $310 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $229,000 -- $313 / 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 $12,700 $904,842 -- --
2023 $12,700 $878,487 $0 $0
2022 $12,387 $852,900 $283,500 $569,400
2021 $2,359 $149,900 $149,900 $0
2020 $2,326 $143,900 $143,900 $0
2019 $2,552 $167,900 $119,000 $48,900
2018 $0 $157,600 $123,500 $34,100
2017 $2,073 $113,934 $0 $0
2016 $1,973 $119,800 $83,400 $36,400
2015 $1,769 $98,700 $72,500 $26,200
2014 $1,594 $73,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Kempf

    BRIGHT REALTY

    (941) 552-6036

    3 in this area

    3 Total Sales

    Joseph Kempf
    Section Image
  • Valarie Wadsworth

    Buyer's Agent in 2019

    Valarie Wadsworth

    Michael Saunders

    (941) 780-3858

    12 in this area

    21 Total Sales

    Valarie Wadsworth
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4429555

Stellar MLS

APN: 2026-10-0044

Florida Sarasota County Sarasota 34236 Downtown Sarasota

1669 5th St, Sarasota, FL

This home is located at 1669 5th St, Sarasota, FL 34236 since 06 March 2019 and is currently estimated at $1,057,979, approximately $1,445 per square foot. This property was built in 1930. 1669 5th St is a home located in Sarasota County with nearby schools including Alta Vista 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

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