NOT LISTED FOR SALE

1851 University Place Sarasota, FL 34235

Kensington Park Neighborhood

Estimated Value: $324,253 - $412,000

2 Beds
2 Baths
1,276 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $205,000 $161 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,261/month

About This Home

As of February 2020

This is a 2 bedroom, 2 bath creek view home located at the Villas of Strathmore. The kitchen was recently renovated with new cabinets, countertops, and stainless steel appliances. Terrazzo floors throughout with a separate dining area and spacious living room. The master bedroom has a walk-in closet and the master bath has a walk-in shower. Both bathrooms feature upgraded vanities and fixtures. There is an additional spare bedroom. The home includes a 1 car garage and a large screened-in patio. The patio has views of the large lot with mature trees and landscaping. There are a couple of young mango trees, an avocado tree, and a star fruit tree. This home resides in a well-maintained community with access to 17th/Beneva and the Fruitville and University Parkway corridors. It is not far from the newly renovated and soon-to-open historic Bobby Jones golf course. The home also includes lawn care and an Orkin Pest Control service. Please be aware that leasing this property includes a non-optional Home Assistant Services Package that will cost an additional $30 per month. These services and their cost are separate from Tenant’s monthly rent payment and all other payments described in the Lease or any separate Lease addendums. The Home Assistant Services offered are described in the Resident Welcome Packet which can be viewed here: www.sarasotamanagement.com/home-assistant/

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 24, 2020
Sold by
Wells Fred and Ftg 401K Plan Trust
Bought by
Lamb Hope
Seller's Agent
Jack Beausang
Buyer's Agent
Rory McDonald
PREFERRED SHORE LLC
List Price
$219,500
Sold Price
$205,000
Premium/Discount to List
-$14,500
-6.61%
Current Estimated Value
$354,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,063
Avg. Annual Appreciation
10.90%
Original Mortgage
$194,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2018
Closed on
Oct 22, 2018
Sold by
Shelnutt Henry Daniel and Shelnutt Henry D
Bought by
Wells Fred
Seller's Agent
Kenneth Cowles
REALTY SERVICES INC
Buyer's Agent
Jack Beausang
List Price
$195,000
Sold Price
$183,000
Premium/Discount to List
-$12,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
Mar 13, 2018
Sold by
Shelnutt Dan
Bought by
Shelnutt Dan and Shelnutt Brad T

Purchase Details

Closed on
Sep 30, 2016
Sold by
Shelnut Dan and Shelnut Judith Y
Bought by
Shelnutt Dan

Purchase Details

Closed on
Sep 1, 2016
Bought by
Shelnutt Dan

Purchase Details

Closed on
Feb 24, 2015
Sold by
Shelnutt Dan
Bought by
Shelnutt Dan and Shelnutt Judith Y

Purchase Details

Closed on
Jan 26, 2011
Sold by
Dew G Ruth
Bought by
Shelnutt Dan

Purchase Details

Closed on
Jul 20, 2009
Sold by
Dew G Ruth
Bought by
Dew G Ruth and Shelnutt Dan
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
Lamb Hope $205,000 None Available
Wells Fred $183,000 Attorney
Shelnutt Dan -- Attorney
Shelnutt Dan -- None Available
Shelnutt Dan $100 --
Shelnutt Dan -- Attorney
Shelnutt Dan -- None Available
Dew G Ruth -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamb Hope $197,000
Closed Lamb Hope $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Rented $2,250 0.0% --
08/28/2023 08/28/23 Under Contract -- -- --
08/21/2023 08/21/23 Price Changed $2,250 -5.1% $2 / Sq Ft
07/31/2023 07/31/23 Price Changed $2,370 -5.0% $2 / Sq Ft
07/28/2023 07/28/23 For Rent $2,495 0.0% --
02/24/2020 02/24/20 Sold $205,000 -2.4% $161 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/22/2020 01/22/20 Price Changed $210,000 -4.3% $165 / Sq Ft
01/16/2020 01/16/20 For Sale $219,500 +19.9% $172 / Sq Ft
10/24/2018 10/24/18 Sold $183,000 -6.2% $143 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $195,000 0.0% $153 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $195,000 -- $153 / Sq Ft

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 $3,271 $236,652 -- --
2023 $3,271 $262,800 $102,700 $160,100
2022 $2,978 $234,900 $99,800 $135,100
2021 $2,616 $177,800 $81,300 $96,500
2020 $2,350 $165,300 $67,700 $97,600
2019 $1,972 $126,700 $55,400 $71,300
2018 $1,890 $127,000 $55,300 $71,700
2017 $1,774 $105,171 $0 $0
2016 $1,723 $112,300 $33,800 $78,500
2015 $1,601 $97,800 $29,900 $67,900
2014 $1,398 $68,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jack Beausang

  • Rory McDonald

    Buyer's Agent in 2020

    Rory McDonald

    PREFERRED SHORE LLC

    (941) 961-7247

    1 in this area

    137 Total Sales

    Rory McDonald
    Section Image
  • Kenneth Cowles

    Seller's Agent in 2018

    Kenneth Cowles

    REALTY SERVICES INC

    (941) 302-4152

    1 in this area

    101 Total Sales

    Kenneth Cowles
    Section Image

  • R

    Seller Co-Listing Agent in 2018

    ROBERT Cowles

    REALTY SERVICES INC

    (941) 302-4150

    1 in this area

    88 Total Sales

    ROBERT Cowles
    Section Image
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Map

Florida Sarasota County Sarasota 34235 Kensington Park

1851 University Place, Sarasota, FL

This home is located at 1851 University Place, Sarasota, FL 34235 and is currently estimated at $354,063, approximately $277 per square foot. 1851 University Place is a home located in Sarasota County with nearby schools including Gocio Elementary School, Booker Middle School, and Booker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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