NOT LISTED FOR SALE

Estimated Value: $223,000 - $362,000

1 Bed
1 Bath
576 Sq Ft
$527/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $125,000 $217 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,132/month

11 Days on Market

Highlights

  • End Unit
  • Cooling System Mounted To A Wall/Window
  • Zero Lot Line
  • Southside Elementary School Rated A
  • Ceramic Tile Flooring
  • 3-minute walk to Laurel Park

About This Home

As of May 2018

Downtown Sarasota living at an affordable price? Impossible? Welcome to the hidden treasure of Morrill Enclave, located just 2 blocks south of Main Street in between Orange and S. Osprey Ave. Walking distance to restaurants, music, entertainment, events, shopping, and everything downtown Sarasota has to offer! Very rare opportunity - and even more so because the adjacent unit (#5, currently rented) is also available for sale (ask your Realtor for details). Own both, live in one, and have a friend or family member living next door! Or rent one, or both, for steady income in an always in demand downtown Sarasota location! MULTIPLE OFFERS - HIGHEST AND BEST BY TUESDAY 4-24 AT 5 PM.

Last Agent to Sell the Property

William True

TRUE REAL ESTATE INC License #702715 Listed on: 04/07/2018

Co-Listed By

Stephen Schoenfeld

LIMBO COMPANY SARASOTA ASSOC License #3256133

Last Buyer's Agent

Stephen Schoenfeld

LIMBO COMPANY SARASOTA ASSOC License #3256133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • End Unit
  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 576 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Assigned Parking

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, sewer, water
  • Morrill Enclave Community
  • Morill Enclave Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1957

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 576
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 576
  • Directions to Property: South of Main Street - 2 blocks - take either Orange Ave or S. Osprey Ave to Morrill Street.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5917358&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5917358&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.92593
  • Price per Sq Ft: 217.01
  • Close to Original List Price Ratio: 0.92593
  • Ratio: Current Price\Building Area Total: 217.01
  • View: No
  • Co List Office Mls Id: 281506097
  • Co List Office Phone: 941-918-1956
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1720
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • 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
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, None, On Street
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • 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

  • Community Features: Deed Restrictions
  • Association Amenities: Maintenance
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3000
  • Monthly HOA Fee: 250
  • Total Monthly Fees: 250

Lot Info

  • Zoning: RSM9
  • Parcel Number: 2027103006
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Pet Restrictions: verify with HOA
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1756
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Apr 30, 2018
Sold by
Kohl Lauren P
Bought by
Gurley Developments Group Morrill Llc
Seller's Agent
William True
TRUE REAL ESTATE INC
Buyer's Agent
Stephen Schoenfeld
LIMBO COMPANY SARASOTA ASSOC
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Total Days on Market
11
Current Estimated Value
$303,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,667
Avg. Annual Appreciation
13.28%

Purchase Details

Closed on
Mar 5, 2015
Sold by
Sarasota Helping Hands Llc
Bought by
Kohl Lauren P

Purchase Details

Listed on
Mar 20, 2012
Closed on
Apr 27, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Sarasota Helping Hands Llc
Seller's Agent
Gail Cristello
FINE PROPERTIES
Buyer's Agent
Chad Suarez
BEACHY PROPERTIES
List Price
$38,000
Sold Price
$38,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.14%

Purchase Details

Closed on
Jan 4, 2012
Sold by
Burke Tony
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 13, 2007
Sold by
Morrill Street Developers Llc
Bought by
Burke Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
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
Gurley Developments Group Morrill Llc $250,000 Attorney
Kohl Lauren P $100,000 Attorney
Sarasota Helping Hands Llc $38,000 Fidelity National Title Of F
Jpmorgan Chase Bank National Association -- None Available
Burke Tony $299,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Tony $29,600
Previous Owner Burke Tony $239,200
Previous Owner Burke Tony $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $125,000 -7.4% $217 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $135,000 +255.3% $234 / Sq Ft
04/27/2012 04/27/12 Sold $38,000 0.0% $66 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $38,000 -- $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 $1,855 $110,100 $0 $110,100
2019 $1,720 $101,900 $0 $101,900
2018 $1,720 $101,600 $0 $101,600
2017 $1,756 $101,200 $0 $0
2016 $1,604 $92,000 $0 $92,000
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: N5917358

Stellar MLS

APN: 2027-10-3006