1681 5th St Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $623,424 - $800,000
2
Beds
1
Bath
839
Sq Ft
$822/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- No HOA
- Booker High School Rated A-
- High Ceiling
- Built-In Features
About This Home
As of April 2021THE PERFECT ALTERNATIVE TO A DOWNTOWN CONDO!!! Located in Sarasota's Gillespie Park area, just blocks from Sarasota's downtown, this location provides easy access to not only Downtown and the waterfront, but to the Rosemary District, Sarasota's new waterfront project, The Bay, and Gillespie Park. The traditional wood-frame building offers classic Old Florida Charm while providing newly updated features including: AC, Electrical Panel, Plumbing, Bathroom, Ductwork, Rewiring, Underpinning. and Refinished Original Solid Wood Flooring. Newly installed interior French Doors create an open and airy feel throughout. The ornamental fireplace adds charm and character. The larger lot provides an opportunity for outdoor recreation and hobbies. Perfectly sized for most, the building is ideally designed for further expansion. If more space is required, the lot boundaries create space suitable for a nice one or two-story addition. To take advantage of this much sought-after Gillespie Park location, make your appointment today!!
Last Agent to Sell the Property
MEDWAY REALTY License #3271234 Listed on: 03/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,998
Year Built
- Built in 1926
Lot Details
- 5,501 Sq Ft Lot
- Lot Dimensions are 55x99
- South Facing Home
- Board Fence
- Property is zoned DTN
Home Design
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 839 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Combination Dining and Living Room
- Crawl Space
Flooring
- Wood
- Porcelain Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Thermostat
- Cable TV Available
Community Details
- No Home Owners Association
- Central Park Community
- Central Park Sub Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 9 / 1
- Assessor Parcel Number 2026100046
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2021
Closed on
Apr 21, 2021
Sold by
Wermelskirchen Robert J
Bought by
Newman Duffin D and Newman Heidi Z
Seller's Agent
George Gordon, Jr
MEDWAY REALTY
Buyer's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
List Price
$429,000
Sold Price
$434,000
Premium/Discount to List
$5,000
1.17%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,856
Avg. Annual Appreciation
11.91%
Purchase Details
Listed on
Nov 6, 2018
Closed on
Mar 1, 2019
Sold by
Cole Vera Z and Zavoico Basil
Bought by
Wermelskirchen Robert J
Seller's Agent
Jennifer Naylor
RE/MAX ALLIANCE GROUP
Buyer's Agent
George Gordon, Jr
MEDWAY REALTY
List Price
$339,000
Sold Price
$295,000
Premium/Discount to List
-$44,000
-12.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$210,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2016
Bought by
Cole Vera Z
Purchase Details
Closed on
Jun 5, 2012
Sold by
Cole Timothy H
Bought by
Cole Vera Z
Purchase Details
Closed on
Feb 6, 2007
Sold by
The Butterfly House Llc
Bought by
Cole Timothy H and Cole Vera Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.16%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 20, 2003
Sold by
Cole Timothy H and Cole Vera Z
Bought by
Butterfly House L L C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
6.16%
Purchase Details
Closed on
Dec 27, 2002
Sold by
Nicholas Lance
Bought by
Cole Timothy H and Cole Vera Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,750
Interest Rate
6.16%
Purchase Details
Closed on
Apr 3, 2001
Sold by
Calloway Johnnie W
Bought by
Nicholas Lance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
7.01%
Purchase Details
Closed on
Feb 24, 1998
Sold by
Herrli James R
Bought by
Calloway Johnnie W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.86%
Similar Homes in Sarasota, FL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newman Duffin D | $434,000 | Attorney | |
| Wermelskirchen Robert J | $295,000 | Attorney | |
| Cole Vera Z | $49,100 | -- | |
| Cole Vera Z | -- | Attorney | |
| Cole Timothy H | $111,800 | Riddelltitle & Escrow Llc | |
| Butterfly House L L C | -- | -- | |
| Cole Timothy H | $157,000 | -- | |
| Nicholas Lance | $105,000 | -- | |
| Calloway Johnnie W | $52,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wermelskirchen Robert J | $210,000 | |
| Previous Owner | Cole Timothy H | $135,000 | |
| Previous Owner | Cole Timothy H | $117,750 | |
| Previous Owner | Nicholas Lance | $99,750 | |
| Previous Owner | Calloway Johnnie W | $49,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2021 04/21/21 | Sold | $434,000 | +1.2% | $517 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/29/2021 03/29/21 | For Sale | $429,000 | +45.4% | $511 / Sq Ft |
| 03/01/2019 03/01/19 | Sold | $295,000 | -9.2% | $352 / Sq Ft |
| 12/21/2018 12/21/18 | Pending | -- | -- | -- |
| 11/26/2018 11/26/18 | Price Changed | $325,000 | -4.1% | $387 / Sq Ft |
| 11/15/2018 11/15/18 | For Sale | $339,000 | 0.0% | $404 / Sq Ft |
| 11/12/2018 11/12/18 | Pending | -- | -- | -- |
| 11/06/2018 11/06/18 | For Sale | $339,000 | -- | $404 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $7,192 | $507,000 | $317,400 | $189,600 |
| 2023 | $7,192 | $476,500 | $301,000 | $175,500 |
| 2022 | $6,630 | $436,100 | $283,500 | $152,600 |
| 2021 | $4,309 | $271,000 | $149,900 | $121,100 |
| 2020 | $3,998 | $241,300 | $143,900 | $97,400 |
| 2019 | $3,279 | $218,800 | $119,000 | $99,800 |
| 2018 | $2,914 | $186,100 | $123,500 | $62,600 |
| 2017 | $2,609 | $148,346 | $0 | $0 |
| 2016 | $2,477 | $150,800 | $83,400 | $67,400 |
| 2015 | $2,203 | $122,600 | $72,500 | $50,100 |
| 2014 | $2,117 | $113,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
George Gordon, Jr
G
Seller's Agent in 2021
George Gordon, Jr
MEDWAY REALTY
(941) 894-7808
2 in this area
37 Total Sales
-
Tim Lester
Buyer's Agent in 2021
Tim Lester
TIM LESTER INTERNAT'L REALTY
(941) 524-8465
1 in this area
516 Total Sales
-
Jennifer Naylor
Seller's Agent in 2019
Jennifer Naylor
RE/MAX
(941) 374-2103
1 in this area
64 Total Sales
Map
Source: Stellar MLS
MLS Number: A4495203
APN: 2026-10-0046
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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