NOT LISTED FOR SALE

1851 University Place Sarasota, FL 34235

Estimated Value: $321,000 - $344,000

2 Beds
2 Baths
1,276 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 24, 2020

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

Est. 63% increase in value since last sale

Current estimated payment $2,033/month

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Sliding Doors
  • Booker High School Rated A-
  • Terrazzo Flooring
  • Central Heating and Cooling System

About This Home

As of September 2023

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/

Last Agent to Rent the Property

Sarasota Management

SARASOTA MANAGEMENT & LEASING Brokerage Phone: 941-377-8400 License #3103264 Listed on: 07/28/2023

Last Renter's Agent

Sarasota Management

SARASOTA MANAGEMENT & LEASING Brokerage Phone: 941-377-8400 License #3103264 Listed on: 07/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,271

Year Built

  • Built in 1966

Lot Details

  • 8,250 Sq Ft Lot
  • Southeast Facing Home

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,276 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sarasota Management & Leasing Association
  • Kensington Park Community
  • Kensington Park Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,500
  • Property Available on 8/18/23
  • The owner pays for grounds care, pest control
  • 12-Month Minimum Lease Term
  • Available 9/18/23
  • $95 Application Fee
  • 1 to 2-Year Minimum Lease Term
  • Assessor Parcel Number 0041110049

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,271

Year Built

Built in 1966

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Annually
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Available Date: 2023-08-18
  • Long Term YN: 1
  • Security Deposit: 4500
  • Pet Fee Non Refundable: 300
  • Additional Applicant Fee: 95
  • Expected Lease Date: 2023-09-18T00:00:00.000
  • Additional Pet Fees: View details here: https://www.sarasotamanagement.com/leasing-process-disclosure/

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1276
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 1759
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 8250
  • Owner Pays: Grounds Care, Pest Control
  • Directions to Property: 17th street to University Pl.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046566
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 1.76
  • Unit Number YN: 0
  • Water Access YN: 0
  • Security Deposit Terms: View details here: https://www.sarasotamanagement.com/leasing-process-disclosure/
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1851
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 118.54
  • Room Count: 0

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Rain Gutters, Sliding Doors
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Association Name: Sarasota Management & Leasing
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: 2 Pets Max, 30lb Max, Dogs with Breed Restrictions
  • Association Fee Requirement: None
  • Max Pet Weight: 30
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 95

Lot Info

  • Parcel Number: 0041110049
  • Property Attached Yn: No
  • Lot Size Square Meters: 766

Green Features

  • Green Verification Count: 0

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
$333,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,296
Avg. Annual Appreciation
9.31%
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
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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
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 $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
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 $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

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Map

Source: Stellar MLS

MLS Number: A4578019

Stellar MLS

APN: 0041-11-0049