NOT LISTED FOR SALE

Estimated Value: $816,478 - $917,000

2 Beds
2 Baths
1,735 Sq Ft
$767/mo HOA Fee

Last Sold September 26, 2018

Last sale price $585,000 $337 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,955/month

136 Days on Market

Highlights

  • Fitness Center
  • Saltwater Pool
  • Open Floorplan
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • 4-minute walk to Myakka State Park

About This Home

As of September 2018

Rarely available 2 bedroom plus den in the heart of downtown Sarasota at Rivo! This updated 7th floor condo offers a bright and spacious floor plan with stunning wood floors, an open kitchen featuring beautiful granite counters, an abundance of natural sunlight, and a balcony perfect for watching the gorgeous Sarasota sunrises! Enjoy the buildings luxurious amenities of 2 assigned parking spaces, a storage unit, secure lobby with concierge, heated pool/spa, fitness center, and outside grills. Enjoy short walks to the fabulous entertainment, weekly farmer's market, fine dining, and shopping that downtown has to offer.

Last Agent to Sell the Property

Barbara Ackerman

COLDWELL BANKER REALTY License #0264324 Listed on: 03/26/2018

COLDWELL BANKER REALTY

Co-Listed By

Ryan Ackerman

COLDWELL BANKER REALTY License #0695084

Last Buyer's Agent

Sarah Rocco

KELLER WILLIAMS RLTY FL. PARTN License #3341787

KELLER WILLIAMS RLTY FL. PARTN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 2006

HOA Fees

  • $767 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Insulated Concrete Forms
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,735 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Secured Garage or Parking
  • Guest Parking

Outdoor Features

  • Saltwater Pool
  • Outdoor Storage

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, security, sewer, trash, water
  • Elisa Andersen 941 957 1370 Association
  • High-Rise Condominium
  • Rivo At Ringling Community
  • Rivo At Ringling Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions
  • Rental Restrictions
  • 15-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets up to 50 lbs
  • 2 Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,258

Year Built

Built in 2006

Lot Details

0

HOA Fees

$767 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, ICFs (Insulated Concrete Forms), Stucco
  • Fireplace: No
  • Living Area: 1735
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1911
  • Directions to Property: Rivo is located off Osprey Ave, between Main Street and Ringling Blvd in downtown Sarasota. Entrance to Rivo is on West side of Osprey, just south of Main Street
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214535&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214535&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97663
  • Price per Sq Ft: 337.18
  • Close to Original List Price Ratio: 0.90069
  • Ratio: Current Price\Building Area Total: 306.12
  • View: Yes
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 15
  • Street Number Modifier: 1771
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Parking Features: Assigned, Covered, Guest, Secured, Underground
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Pool, Special Community Restrictions
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Security, Spa/Hot Tub, Storage
  • Association Name: Elisa Andersen 941-957-1370
  • Association: No
  • Security: Secured Garage/Parking
  • Senior Community: No
  • Condo Fees: 2301
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 767
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9204
  • Total Monthly Fees: 767

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071016
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 3 Months
  • Approval Process: Application & $125 fee must be submitted to building manager, Elisa Andersen (941-957-1370).
  • Num Timesper Year: 3
  • Pet Restrictions: Max pet weight of 50 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must own for 2 years before renting. Maximum number of 32 units rented. Tenants are not allowed pets. See www.rivoatringling.com under Property Information for more information.

Tax Info

  • Tax Annual Amount: 5258
  • Tax Lot: 704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Sep 26, 2018
Sold by
Pollack Lauri C and Pollack Lauri C
Bought by
Wardell Mark L
Seller's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Sarah Rocco
KELLER WILLIAMS RLTY FL. PARTN
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$879,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,370
Avg. Annual Appreciation
5.97%
Original Mortgage
$235,000
Outstanding Balance
$204,934
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$674,436

Purchase Details

Closed on
Mar 15, 2017
Sold by
Callender Daniel and Callender Theresa
Bought by
Pollack Lauri C and The Lauri C Pollack Trust

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 22, 2013
Sold by
Jordan L Clay and Jordan Yvonne
Bought by
Callender Daniel and Callender Theresa
Seller's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Elizabeth Pitts
SARASOTA BROKERAGE LLC
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$356,250
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2008
Sold by
The Rivo At Ringling Llc
Bought by
Jordan L Clay and Jordan Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Wardell Mark L $585,000 Attorney
Pollack Lauri C $580,000 None Available
Callender Daniel $475,000 Msc Title Inc
Jordan L Clay $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wardell Mark L $235,000
Previous Owner Callender Daniel $356,250
Previous Owner Jordan L Clay $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $585,000 -2.3% $337 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $599,000 0.0% $345 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/02/2018 07/02/18 Price Changed $599,000 -1.6% $345 / Sq Ft
05/29/2018 05/29/18 Price Changed $609,000 -6.2% $351 / Sq Ft
03/26/2018 03/26/18 For Sale $649,500 +36.7% $374 / Sq Ft
08/22/2013 08/22/13 Sold $475,000 -2.1% $274 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $485,000 0.0% $280 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $485,000 -- $280 / 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 $6,079 $443,431 -- --
2023 $6,079 $430,516 $0 $0
2022 $5,899 $417,977 $0 $0
2021 $5,929 $405,803 $0 $0
2020 $5,991 $400,200 $0 $400,200
2019 $6,745 $448,700 $0 $448,700
2018 $6,294 $419,186 $0 $0
2017 $5,258 $350,968 $0 $0
2016 $5,269 $421,900 $0 $421,900
2015 $5,347 $397,000 $0 $397,000
2014 $5,339 $315,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4214535

Stellar MLS

APN: 2027-07-1016