NOT LISTED FOR SALE

Estimated Value: $224,000 - $368,000

1 Bed
1 Bath
576 Sq Ft
$238/mo HOA Fee

Last Sold November 16, 2012

Last sale price $53,775 $93 Per Sq Ft

Est. 485% increase in value since last sale

Current estimated payment $2,100/month

9 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • End Unit
  • Southside Elementary School Rated A
  • Separate Formal Living Room
  • 3-minute walk to Laurel Park

About This Home

As of November 2012

**MULTIPLE OFFERS SUBMITTED, HIGHEST AND BEST DUE BY 2PM, 10/3.** STEPS TO DOWNTOWN, CHARMING ENCLAVE, COZY ATTACHED VILLA STYLE UNIT IN PRIVATE ENCLAVE. Neutral tile throughout, living and dining room, kitchen has original wood cabinets that can be refreshed. Spacious bath with retro tile in good condition. Located in an enclave of 12 units in 6 buildings with a laundry/storage building. Newer barrel tile roof. Sold with right to inspect. The seller and seller's agent have made no representations or warranties, express or implied, as to the condition of the property. All dimensions, room sizes and or lot sizes, are approximate and should be verified by the buyer. It is buyer's responsibility to obtain expert advice by professional inspections including, but not limited to, the electrical, structural, plumbing, geological, utilities and roof condition of the property. Buyer assumes all responsibility for checking with any home owner's or condo association for fees and restrictions.

Last Agent to Sell the Property

Paula Steinert

RE/MAX ALLIANCE GROUP License #0176813 Listed on: 09/30/2012

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Chad Suarez

BEACHY PROPERTIES License #3209090

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1957

Lot Details

  • End Unit
  • One Way Street
  • West Facing Home

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Separate Formal Living Room
  • Formal Dining Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, manager
  • Morrill Enclave Community
  • Morrill Enclave Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1957

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Manager
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 576
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 576
  • Directions to Property: OSPREY SOUTH OF RINGLING, WEST ON MORRILL (MORRILL IS ONE WAY STREET WEST)
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3966536&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3966536&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8460
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.41887
  • Price per Sq Ft: 93.36
  • Close to Original List Price Ratio: 1.41887
  • Ratio: Current Price\Building Area Total: 93.36
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1720
  • Room Count: 5
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street One Way
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Condo Fees: 715
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2860
  • Total Monthly Fees: 238.33

Lot Info

  • Zoning: RSM9
  • Parcel Number: 2027103002
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Near Public Transit
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Expected Lease Date: 2012-11-16T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 77345

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2015
Sold by
Sarasota Helping Hands Llc
Bought by
Gurley Development Group Morrill Llc
Current Estimated Value
$314,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$15,726
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,941

Purchase Details

Listed on
Sep 30, 2012
Closed on
Nov 13, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Sarasota Helping Hands Llc
Seller's Agent
Paula Steinert
RE/MAX ALLIANCE GROUP
Buyer's Agent
Chad Suarez
BEACHY PROPERTIES
List Price
$37,900
Sold Price
$53,775
Premium/Discount to List
$15,875
41.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.17%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Rubic Cindy B and Rubic Larry B
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 11, 2010
Sold by
Rubic Larry B and Rubic Cindy B
Bought by
Reconveyance Receivership Co

Purchase Details

Closed on
Jan 30, 2008
Sold by
Morrill Street Developers Llc
Bought by
Rubic Larry B and Rubic Cindy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gurley Development Group Morrill Llc $220,000 Attorney
Sarasota Helping Hands Llc $53,775 First American Title Ins Co
Jpmorgan Chase Bank National Association $41,502 None Available
Reconveyance Receivership Co $7,500 None Available
Rubic Larry B $310,000 Talon Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurley Development Group Morrill Llc $176,000
Previous Owner Rubic Larry B $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $53,775 +41.9% $93 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/30/2012 09/30/12 For Sale $37,900 -- $66 / 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 $2,229 $150,669 -- --
2023 $2,229 $149,200 $0 $149,200
2022 $2,091 $139,600 $0 $139,600
2021 $1,859 $113,200 $0 $113,200
2020 $1,996 $119,200 $0 $119,200
2019 $1,815 $107,900 $0 $107,900
2018 $1,806 $107,000 $0 $107,000
2017 $1,850 $107,030 $0 $0
2016 $1,691 $97,300 $0 $97,300
2015 $1,097 $67,100 $0 $67,100
2014 $1,048 $44,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3966536

Stellar MLS

APN: 2027-10-3002