NOT LISTED FOR SALE

1903 57th Ave W Bradenton, FL 34207

Estimated Value: $311,175 - $396,000

4 Beds
2 Baths
1,620 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $215,000 $133 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,185/month

11 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Air
  • Wood Siding

About This Home

As of June 2020

Investor Special!!! Hurry to view this income producing duplex for instant cash flow. Each are 2bed/1ba w/carport, inside laundry, separate meters for water and elec. One side has just been updated with new paint, new vinyl flooring in kitchen and bedrooms and ceramic tiles in the living room and baths. New roof & New exterior paint. Updated unit just rented for $1,200/month with an annual lease. Can expect with both units rented a net of $20K/year. West Bradenton location minutes away from State College of FL. Seller owns other properties in the area and is open to a package or bulk deal for the right investor. Professional management in place that can be retained if needed. Showing by appointment only.

Last Agent to Sell the Property

Jill Lyons

RELAX REALTY GROUP INC License #3096914 Listed on: 04/30/2020

Last Buyer's Agent

Joleisy Machado-Gonzales

RELAX REALTY GROUP INC License #3346195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 1981

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Ceiling Fan
  • Range
  • Laundry Room

Flooring

  • Ceramic Tile
  • Vinyl

Schools

  • Bayshore Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Bayshore High School

Farming

  • Drainage Canal

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 15 / 2
  • Assessor Parcel Number 6071010059

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Bear Park Community
  • Bear Park Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,195

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1620
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1981
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10498
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466046?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4466046?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98174
  • Price per Sq Ft: 132.72
  • Close to Original List Price Ratio: 0.98174
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Bayshore Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RDD6
  • Parcel Number: 6071010059
  • Additional Parcels: No
  • Lot Features: Drainage Canal
  • Lot Dimensions: 75x140
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2400
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Only Manatee County Zone rules apply

Multi Family

  • Gross Income: 24000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2195.32
  • Tax Block: 2
  • Tax Book Number: 8-35
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 15, 2020
Sold by
Landsman Matthew A and Landz Management & Consulting
Bought by
Overturf Jeremy and Overturf Stefanie
Seller's Agent
Jill Lyons
RELAX REALTY GROUP INC
Buyer's Agent
Joleisy Machado-Gonzales
RELAX REALTY GROUP INC
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$348,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,544
Avg. Annual Appreciation
9.18%
Original Mortgage
$161,250
Outstanding Balance
$142,936
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$205,608

Purchase Details

Closed on
Feb 24, 2020
Sold by
Beard Jeffrey E
Bought by
Landz Management & Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Overturf Jeremy $215,000 Attorney
Landz Management & Consulting Llc $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overturf Jeremy $161,250
Previous Owner Landz Management & Consulting Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $215,000 -1.8% $133 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $219,000 -- $135 / 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
2025 $4,233 $247,447 -- --
2024 $4,233 $286,745 $45,900 $240,845
2023 $4,121 $289,646 $45,900 $243,746
2022 $3,091 $245,074 $45,000 $200,074
2021 $2,967 $169,010 $40,000 $129,010
2020 $2,291 $151,233 $27,500 $123,733
2019 $2,195 $147,711 $27,500 $120,211
2018 $2,106 $143,545 $30,000 $113,545
2017 $1,739 $115,600 $0 $0
2016 $1,706 $115,600 $0 $0
2015 $1,169 $74,100 $0 $0
2014 $1,169 $52,308 $0 $0
2013 $1,143 $51,318 $14,200 $37,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4466046

Stellar MLS

APN: 60710-1005-9