1825 Robinhood St Sarasota, FL 34231
South Sarasota Neighborhood
--
Bed
--
Bath
1,913
Sq Ft
7,050
Sq Ft Lot
Highlights
- Guest House
- Custom Home
- Property is near public transit
- Phillippi Shores Elementary School Rated A
- Deck
- No HOA
About This Home
As of March 2021Investors Alert -- 3 fully rented units with a cap rate of 7.5%. Very low maintenance needed on this centrally located West of the Trail Sarasota Triplex. Front duplex offers 2 bedroom and 1 bath on one side and then 1 bedroom, 1 bath on other side. Back Cottage has one bedroom, 1 bath, just remodeled. All 3 units have annual leases in place. Long term tenants, 8-9 years, 2-3 years. Gross income $32,700 less $3,000 for taxes and monthly expenses for water and sewer, owner is netting $28,000 -- 7.5% cap. Owners have installed new roofs on both buildings 2017. Cottage was just remodeled. Entire property is fenced and has maintenance free stones. Laundry shed is available for all 3 units.
Property will be shown via 3D Virtual Tour on the units out of respect for tenants. All buyers will need to provide proof of funds and tenants will need 24-48 hour notice. Property is walking distance to Trader Joe's, a mile and a half to Sarasota Memorial Hospital and the Siesta Key North Bridge, 3 miles to down town Sarasota and #1 rated by Trip Adviser Beach Siesta Key.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3086579 Listed on: 04/18/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,972
Year Built
- Built in 1950
Lot Details
- 7,050 Sq Ft Lot
- Lot Dimensions are 117x60
- Fenced
Home Design
- 1,913 Sq Ft Home
- Triplex
- Custom Home
- Wood Frame Construction
- Shingle Roof
Kitchen
- Range
- Microwave
Laundry
- Dryer
- Washer
Parking
- Driveway
- Open Parking
Outdoor Features
- Deck
- Enclosed patio or porch
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- In-Law or Guest Suite
- Guest House
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 28 / A
- Assessor Parcel Number 0076090037
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
- South Highland Community
- South Highland Amd Of Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $32,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2021
Sold by
Borelli Joseph Dean and Borelli Stacet Lianne
Bought by
Robinhood Of Sarasota Llc
Current Estimated Value
Purchase Details
Listed on
Sep 28, 2020
Closed on
Mar 4, 2021
Sold by
Pacini Michael John and Pacini Mischa Pinter
Bought by
Borelli Joseph Dean and Borelli Stacey Lianne
Seller's Agent
Mischa Pacini
THE SUNSHINE STATE COMPANY
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$250,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 18, 2017
Closed on
May 31, 2017
Sold by
Sabal Palm Bank
Bought by
Pacini Michael John and Pacini Mischa Pinter
Seller's Agent
Lois Seropian
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Purchase Details
Closed on
Jan 2, 2017
Sold by
Henry Jack D
Bought by
Sabal Palm Bank and Christine A Peterillo Self Directre
Purchase Details
Closed on
May 1, 2014
Sold by
Rogers C Raymond
Bought by
Henry Jack D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,625
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2009
Sold by
Burch Paul and Burch Leigh Ann
Bought by
Henry Jack David and Raymond Rogers C
Purchase Details
Closed on
May 26, 2005
Sold by
Rigas Constantino and Rigas Lisa
Bought by
Burch Paul and Burch Leigh Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2004
Sold by
Cassidy Colleen
Bought by
Rigas Constantino and Rigas Lisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,125
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2003
Sold by
Graber Philip
Bought by
Cassidy Colleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,600
Interest Rate
5.93%
Purchase Details
Closed on
Mar 31, 2003
Sold by
Clerk Circuit Court
Bought by
Graber Philip
Purchase Details
Closed on
May 17, 1996
Sold by
Fisher Eugene and Fisher Robin L
Bought by
Fisher Eugene and Fisher Robin L
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | $430,000 | Attorney | |
| Warranty Deed | $350,000 | Attorney | |
| Warranty Deed | $240,000 | None Available | |
| Warranty Deed | $73,000 | Attorney | |
| Warranty Deed | $170,000 | Stewart Title Company | |
| Warranty Deed | $382,500 | -- | |
| Warranty Deed | $289,500 | -- | |
| Warranty Deed | $219,500 | -- | |
| Deed | $90,100 | -- | |
| Quit Claim Deed | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $78,625 | New Conventional | |
| Previous Owner | $306,000 | Purchase Money Mortgage | |
| Previous Owner | $217,125 | Purchase Money Mortgage | |
| Previous Owner | $164,600 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2021 03/04/21 | Sold | $430,000 | 0.0% | $225 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | Off Market | $430,000 | -- | -- |
| 09/28/2020 09/28/20 | For Sale | $450,000 | +28.6% | $235 / Sq Ft |
| 08/29/2017 08/29/17 | Off Market | $350,000 | -- | -- |
| 05/31/2017 05/31/17 | Sold | $350,000 | -6.7% | $183 / Sq Ft |
| 04/27/2017 04/27/17 | Pending | -- | -- | -- |
| 04/17/2017 04/17/17 | For Sale | $375,000 | -- | $196 / 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 | $6,523 | $479,500 | $236,400 | $243,100 |
| 2023 | $6,523 | $477,200 | $213,400 | $263,800 |
| 2022 | $6,372 | $429,100 | $197,900 | $231,200 |
| 2021 | $4,487 | $277,300 | $140,400 | $136,900 |
| 2020 | $4,118 | $238,200 | $99,500 | $138,700 |
| 2019 | $3,694 | $209,100 | $70,300 | $138,800 |
| 2018 | $4,074 | $245,800 | $101,400 | $144,400 |
| 2017 | $3,130 | $166,800 | $101,400 | $65,400 |
| 2016 | $2,972 | $151,700 | $100,400 | $51,300 |
| 2015 | $3,203 | $216,700 | $169,500 | $47,200 |
| 2014 | $2,611 | $117,590 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Mischa Pacini
THE SUNSHINE STATE COMPANY
(941) 685-8680
2 in this area
8 Total Sales
-
Buyer's Agent in 2021
Toni Zarghami
KW COASTAL LIVING III
(941) 356-5076
4 in this area
1,085 Total Sales
-
Seller's Agent in 2017
Lois Seropian
COLDWELL BANKER REALTY
(941) 356-4195
1 in this area
36 Total Sales
-
Seller Co-Listing Agent in 2017
Bill Riley
COLDWELL BANKER REALTY
(941) 232-8941
1 in this area
27 Total Sales
-
S
Buyer's Agent in 2017
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: A4183780
APN: 0076-09-0037
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