NOT LISTED FOR SALE

Estimated Value: $400,000 - $1,263,000

3 Beds
2 Baths
1,518 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2020

Last sale price $475,000 $313 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,971 / mo

7 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Corner Lot
  • Booker High School Rated A-
  • Park or Greenbelt View
  • 4-minute walk to Gillespie Park

About This Home

As of March 2020

Very nice Duplex in Historic Gillespie Park, downtown Sarasota, this is an excellent opportunity to own an income producing property on a double corner lot across from the 10 acre Gillespie Park. This two family residence sits at the comer of 8th and Gillespie Avenue in the historic Gillespie Park neighborhood. The home boasts wood floors and Mexican tile, central AC and gas water heat. The DTN (Downtown Neighborhood) zoning provides for accessory dwelling units (garage apartments) as well as live/work opportunities. The corner lot allow for additional non-residential uses with restrictions. The 2 BR 1 BA unit delivers $1495 / mo. and the attached 1 BR / 1 BA attached apartment delivers $995 /mo. You can convert either to an office or studio. Live downtown and have your mortgage paid by the rental income. This park front property is an excellent investment due to the 2 build-able lots and the DTN Zoning. The property faces west and is directly across from the tennis courts. It is walk able to downtown and to the re visioned bay project. If you are looking for a great investment opportunity in one of Sarasota's hottest downtown neighborhood, you have found it

Last Agent to Sell the Property

Jules Roman

YORKSHIRE INTERNATIONAL R.E. License #3280309 Listed on: 02/05/2020

Last Buyer's Agent

Lyn Grogan

MICHAEL SAUNDERS & COMPANY License #3086004

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,330

Year Built

  • Built in 1946

Lot Details

  • 8,176 Sq Ft Lot
  • North Facing Home
  • Mature Landscaping
  • Corner Lot
  • Property is zoned DTN

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Park or Greenbelt Views
  • Crawl Space
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • Driveway
  • Guest Parking

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • City Lot

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Plat Of Sarasota Community
  • Gillespie Park Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,330

Year Built

Built in 1946

Lot Details

8,176 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1518
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1946
  • Building Area Total: 1600
  • Lot Size Sq Ft: 8176
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458928?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458928?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 0086
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 312.91
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 296.88
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 7
  • Additional Rooms: Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Metal, Shingle
  • Pool Private: No
  • View: Park
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Guest, None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Playground, Tennis Courts
  • Association Amenities: Park, Playground, Tennis Court(s)
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: DTN
  • Parcel Number: 2026080020
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Near Public Transit
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 950

Tax Info

  • Tax Annual Amount: 3330
  • Tax Lot: na

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Mar 27, 2020
Sold by
Bought by
Seller's Agent
Jules Roman
YORKSHIRE INTERNATIONAL R.E.
Buyer's Agent
Lyn Grogan
MICHAEL SAUNDERS & COMPANY
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$886,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,279
Avg. Annual Appreciation
10.46%
Original Mortgage
$356,250
Outstanding Balance
$278,493
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$607,786

Purchase Details

Closed on
Jul 2, 2015
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$475,000 Attorney
$120,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $356,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $475,000 0.0% $313 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $475,000 +251.9% $313 / Sq Ft
06/22/2012 06/22/12 Sold $135,000 0.0% $126 / Sq Ft View Prior Sale
04/14/2012 04/14/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $135,000 -- $126 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,546 $166,176 -- --
2024 $2,334 $151,069 -- --
2023 $2,334 $177,300 $177,300 $0
2022 $2,088 $157,300 $157,300 $0
2021 $5,861 $364,900 $174,800 $190,100
2020 $4,441 $327,400 $168,800 $158,600
2019 $3,362 $199,600 $139,600 $60,000
2018 $3,330 $216,800 $151,900 $64,900
2017 $2,841 $164,200 $93,400 $70,800
2016 $2,951 $179,800 $106,200 $73,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4458928

Stellar MLS

APN: 2026-08-0007

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