NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,027,000

0.25 Acre
$3,384,000 Price per Acre
10,890 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $446,500 $634 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,975/month

280 Days on Market

About This Lot

As of February 2022

SIGNIFICANT PRICE REDUCTION. Close to everything in highly sought-after Gillespie Park, take advantage of this buildable lot in such a superb location. Build your dream home moments from downtown Sarasota – the epitome of the live, work, play lifestyle so many are after. This lot also presents an opportunity to invest in a burgeoning community walking distance from Rosemary Square with a rental property sure to get attention. This is a DTN-zoned parcel with three-story structures permitted, uniquely positioned for 3 access points, meaning endless possibilities for multi-family plus outbuildings, low intensity office, retail or lodging (permitted in limited amounts). Review the renderings provided under the attachments to garner more inspiration and further detail. This lot is currently included in the Sarasota Opportunity Zone which offers potential tax advantages. Please contact Sarasota County for more details.

Last Agent to Sell the Property

Tim Koons-McGee

MICHAEL SAUNDERS & COMPANY License #3443161 Listed on: 03/26/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kelly Mooney

DOUGLAS ELLIMAN License #3078351

DOUGLAS ELLIMAN

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,376

Lot Details

  • 0.25 Acre Lot

Community Details

  • Property has a Home Owners Association
  • Matheny Sub Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,376

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Fruitville Rd to N. Osprey Ave. to 4th Street.
  • Lot Size: 52X100
  • Ownership: Fee Simple
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: MATHENY SUB
  • Total Acreage: 0 to less than 1/4
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.99222
  • Price per Sq Ft: 85.05
  • Close to Original List Price Ratio: 0.76325
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Seller Property Disclosure
  • Lot Features: City Lot, Level, Near Public Transit, Sidewalk, Street Lights
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 52
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Alta Vista Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5250
  • Zoning: DTN
  • Price Per Acre: 3720833
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2076.36
  • Tax Block: K
  • Tax Book Number: A-66
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Mar 2, 2022
Sold by
Douglas Fisher
Bought by
Doleatto Kim Sue Ellen
Seller's Agent
Tim Koons-McGee
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kelly Mooney
DOUGLAS ELLIMAN
List Price
$585,000
Sold Price
$446,500
Premium/Discount to List
-$138,500
-23.68%
Current Estimated Value
$846,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,500
Avg. Annual Appreciation
20.10%

Purchase Details

Closed on
Apr 9, 2021
Sold by
Squitieri Associates Investment Prop Llc
Bought by
Squitieri Sandy A

Purchase Details

Closed on
Feb 22, 2008
Sold by
Carroll Lee
Bought by
Squitieri Associates Investment Properti

Purchase Details

Closed on
Jul 20, 2005
Sold by
Schneider Carol Lee and Carroll Lee
Bought by
Carroll Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Doleatto Kim Sue Ellen -- None Listed On Document
Squitieri Sandy A -- Accommodation
Squitieri Associates Investment Properti $170,000 Attorney
Carroll Lee -- Chelsea Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Lee $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $446,500 -0.8% $634 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/20/2021 12/20/21 Price Changed $450,000 -16.5% $639 / Sq Ft
11/17/2021 11/17/21 Price Changed $539,000 -7.9% $766 / Sq Ft
03/26/2021 03/26/21 For Sale $585,000 -- $831 / 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 $4,376 $311,300 $311,300 --
2023 $4,376 $295,300 $295,300 $0
2022 $4,165 $278,300 $278,300 $0
2021 $2,076 $146,700 $146,700 $0
2020 $1,988 $139,800 $139,800 $0
2019 $1,726 $115,600 $115,600 $0
2018 $2,176 $150,300 $125,000 $25,300
2017 $1,743 $98,800 $72,200 $26,600
2016 $1,798 $107,900 $80,500 $27,400
2015 $1,622 $89,900 $70,000 $19,900
2014 $1,462 $72,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4495690

Stellar MLS

APN: 2026-09-0081