NOT LISTED FOR SALE

1885 20th St Sarasota, FL 34234

Downtown Sarasota Neighborhood

Estimated Value: $303,442 - $392,000

6 Beds
2 Baths
1,631 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $185,000 $113 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,119/month

53 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Riverview High School Rated A
  • Terrazzo Flooring

About This Home

As of January 2019

Investor Alert | Guaranteed Income - 13.2% Gross CAP - One of eight duplexes on a private street near the heart of Sarasota that offers two units. Both units are currently rented for $1100 for a total of $2,200 per month (13.2% gross cap). Section 8, Salvation Army, etc. No HOA, and low operating costs. These units are both 3/1's but all other seven are units are 2 bedroom 1 bathroom, with updated kitchens. This duplex is located close to Downtown Sarasota just west of 301. Please do not disturb tenants.

Last Agent to Sell the Property

Rex Glasson

DOUGLAS ELLIMAN License #3067512 Listed on: 09/11/2018

DOUGLAS ELLIMAN

Co-Listed By

Tom Wentzel

FINE PROPERTIES License #3205205

Last Buyer's Agent

Shannon Rogers

PREFERRED SHORE LLC License #0676751

PREFERRED SHORE LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,105

Year Built

  • Built in 1958

Lot Details

  • 7,273 Sq Ft Lot
  • Lot Dimensions are 50x145
  • Additional Parcels

Home Design

  • Duplex
  • Block Exterior

Interior Spaces

  • 1,631 Sq Ft Home
  • Terrazzo Flooring
  • Range

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • City Park Sub Community
  • City Park Sub Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,105

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1631
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 7273
  • Number Of Lots: 8
  • Directions to Property: north on 301 to 21th street, turn left (west), take about two blks, driveway is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4413214&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4413214&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92546
  • Price per Sq Ft: 113.43
  • Close to Original List Price Ratio: 0.92546
  • View: No
  • Co List Office Mls Id: 281521326
  • Co List Office Phone: 941-803-7522
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Appliances Included: Range
  • Street Number Modifier: 1885
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0131F
  • Disclosures: Land Sales Disclosure, Other

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2024090056
  • Additional Parcels Description: 2024090049, 2024090050, 2024090052, 2024090053, 2024090054, 2024090055, 2024090051
  • Additional Parcels: Yes
  • Lot Dimensions: 50X145
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 2200

Multi Family

  • Gross Income: 26400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1105
  • Tax Block: A
  • Tax Book Number: 1-151
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Jan 4, 2019
Sold by
Sspp 2 Llc
Bought by
Hardrick Samuel and Leathers Anthony
Seller's Agent
Rex Glasson
DOUGLAS ELLIMAN
Buyer's Agent
Shannon Rogers
PREFERRED SHORE LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$352,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,361
Avg. Annual Appreciation
9.91%
Original Mortgage
$138,750
Outstanding Balance
$122,480
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$229,881

Purchase Details

Closed on
Sep 20, 2017
Sold by
Powell Beresford W and Powell Albennie
Bought by
Sspp 2 Llc
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
Hardrick Samuel $185,000 Attorney
Sspp 2 Llc $15,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hardrick Samuel $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $185,000 -7.5% $113 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $199,900 0.0% $123 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $199,900 -- $123 / 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 $3,249 $194,723 -- --
2023 $3,249 $241,100 $44,200 $196,900
2022 $2,646 $187,600 $42,500 $145,100
2021 $2,350 $147,500 $25,300 $122,200
2020 $2,106 $119,700 $19,000 $100,700
2019 $1,687 $115,700 $15,800 $99,900
2018 $1,307 $69,700 $19,600 $50,100
2017 $1,105 $47,993 $0 $0
2016 $931 $47,200 $4,200 $43,000
2015 $857 $40,000 $4,300 $35,700
2014 $823 $32,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rex Glasson

    Seller's Agent in 2019

    Rex Glasson

    DOUGLAS ELLIMAN

    (941) 587-6135

    2 in this area

    60 Total Sales

    Rex Glasson
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Tom Wentzel

    FINE PROPERTIES

    (941) 306-8258

    1 in this area

    27 Total Sales

    Tom Wentzel
    Section Image
  • Shannon Rogers

    Buyer's Agent in 2019

    Shannon Rogers

    PREFERRED SHORE LLC

    (941) 920-5454

    7 in this area

    59 Total Sales

    Shannon Rogers
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4413214

Stellar MLS

APN: 2024-09-0056

Florida Sarasota County Sarasota 34234 Downtown Sarasota

1885 20th St, Sarasota, FL

This home is located at 1885 20th St, Sarasota, FL 34234 since 11 September 2018 and is currently estimated at $352,361, approximately $216 per square foot. This property was built in 1958. 1885 20th St is a home located in Sarasota County with nearby schools including Alta Vista Elementary School, Riverview High School, and McIntosh Middle 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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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