$700,000
SOLD JAN 6, 2024
5 Beds
4 Baths
2,782 Sq Ft
0.45 Acres

Recently Sold

$252 Per Sq Ft

12% Below List Price

123 Days on Market

Highlights

  • In Ground Pool
  • 0.45 Acre Lot
  • Cathedral Ceiling
  • Sarasota High School Rated A-
  • Open Floorplan
  • Outdoor Kitchen

About This Home

As of January 2024

[Motivated Seller] How rare is it to find a half acre lot within 2 miles of Downtown Sarasota? Let’s crunch the numbers. As of the listing date, the average sale price for homes sold in the last year on .4 acres or above within 2 miles of downtown Sarasota is $3.15M. Three of those sales were under $1M, however two were in need of complete renovation and the other was less than 1,000 sq ft. None of those sales were zoned for Multi-Family like this home. As for active listings: As of the listing date, there are 3 other homes for sale with a similar lot size and within a 2 mile radius of downtown, only one of which is comparable to the sale price of this home and it is in the same neighborhood. However, again, none of them are zoned as multi-family. The moral of the story - half acre lots along the city of Sarasota are rare and valuable! Tack on the RMF1 ZONING, a TURNKEY FULLY FURNISHED & RENOVATED 2800 SQFT HOME with a NEW ROOF, POOL, PRIVATE GATE, and paver front yard, and you get something that is beyond rare. This home is a fantastic long term investment for anyone who believes in the future of Sarasota. Ask your buyer’s agent or the listing agent directly for the attached pdf print out of comparative sales and zoning info!

Last Agent to Sell the Property

Michael Heller

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3522885 Listed on: 07/25/2023

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Sam Pergerson

COLDWELL BANKER REALTY License #3513200

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,173

Year Built

  • Built in 1984

Lot Details

  • 0.45 Acre Lot
  • East Facing Home
  • Property is zoned RMF1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Outdoor Kitchen
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lorraine Park Community
  • Lorraine Park First Add To Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,173

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2782
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2976
  • Lot Size Sq Ft: 19600
  • Directions to Property: From i75 take exit 210 University Parkway and head west, left on N Tuttle Ave, Right on 17th St, right on N Euclid Ave, house is on left.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 251.62
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Skylight(s), Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1803
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 258.46
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Courtyard, Other, Outdoor Kitchen, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Security System
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0043150017
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 1821

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: See the City of Sarasota guidelines

Tax Info

  • Tax Annual Amount: 4173.1
  • Tax Book Number: 5-96
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Dec 18, 2023
Sold by
Gustafson Tammi Kay and Gustafson Donald Lee
Bought by
Anh Dwelling Investments Llc
Seller's Agent
Michael Heller
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Sam Pergerson
COLDWELL BANKER REALTY
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
184
Current Estimated Value
$752,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,971
Avg. Annual Appreciation
3.54%
Original Mortgage
$455,000
Outstanding Balance
$449,487
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$289,582

Purchase Details

Listed on
Jun 16, 2022
Closed on
Mar 9, 2023
Sold by
Castillo Yoel
Bought by
Gustafson Tammi
Seller's Agent
Yadian Dominguez Fernandez
FENIX HOME REALTY LLC
Buyer's Agent
Mary Clark
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.99%

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 3, 2020
Sold by
Morgado Jose A Lopez
Bought by
Castlilo Yoel
Seller's Agent
Samuel Rodriguez
PEOPLE'S CHOICE REALTY SVC LLC
Buyer's Agent
Yadian Dominguez Fernandez
FENIX HOME REALTY LLC
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.33%
Original Mortgage
$456,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2012
Closed on
Jul 13, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Lopez Morgado Jose A
Seller's Agent
Corbett Donovan
PREFERRED SHORE LLC
Buyer's Agent
Beverly Perez
FINE PROPERTIES
List Price
$62,000
Sold Price
$62,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%

Purchase Details

Closed on
Mar 30, 2012
Sold by
Gandy Lynn B and Gandy Mary M
Bought by
Deutsche Bank National Trust Company
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 Type Sale Price Title Company
Warranty Deed $700,000 Sunbelt Title
Warranty Deed $1,100,000 --
Warranty Deed $480,000 Riverview T&E Svcs
Special Warranty Deed $62,000 None Available
Trustee Deed $50,101 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Previous Owner $456,000 New Conventional
Previous Owner $15,946 Unknown
Previous Owner $306,000 Negative Amortization
Previous Owner $25,666 Unknown
Previous Owner $97,010 New Conventional
Previous Owner $260,000 Fannie Mae Freddie Mac
Previous Owner $15,946 Unknown
Previous Owner $170,000 Unknown
Previous Owner $20,833 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2024 01/06/24 Sold $700,000 -6.5% $252 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $749,000 -6.3% $269 / Sq Ft
10/04/2023 10/04/23 For Sale $799,000 0.0% $287 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $799,000 -7.0% $287 / Sq Ft
09/13/2023 09/13/23 Price Changed $859,000 -7.1% $309 / Sq Ft
08/16/2023 08/16/23 Price Changed $925,000 -7.4% $332 / Sq Ft
07/25/2023 07/25/23 For Sale $999,000 -9.2% $359 / Sq Ft
03/09/2023 03/09/23 Sold $1,100,000 -8.3% $395 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
10/25/2022 10/25/22 Price Changed $1,199,500 0.0% $431 / Sq Ft
07/22/2022 07/22/22 Price Changed $1,199,900 0.0% $431 / Sq Ft
06/16/2022 06/16/22 For Sale $1,200,000 +150.0% $431 / Sq Ft
12/03/2020 12/03/20 Sold $480,000 0.0% $177 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $479,900 +674.0% $177 / Sq Ft
07/30/2012 07/30/12 Sold $62,000 0.0% $26 / Sq Ft
06/29/2012 06/29/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $62,000 -- $26 / 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 $4,962 $565,100 $103,700 $461,400
2023 $4,962 $389,043 $0 $0
2022 $4,173 $350,818 $0 $0
2021 $4,324 $340,600 $63,600 $277,000
2020 $3,711 $315,200 $88,200 $227,000
2019 $3,390 $297,800 $95,200 $202,600
2018 $3,078 $265,000 $79,800 $185,200
2017 $2,030 $111,857 $0 $0
2016 $1,897 $109,500 $23,100 $86,400
2015 $1,778 $95,100 $21,200 $73,900
2014 $1,663 $76,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577665

Stellar MLS

APN: 0043-15-0017