NOT LISTED FOR SALE

Estimated Value: $539,000 - $826,000

2 Beds
1 Bath
982 Sq Ft
$710/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $350,000 $356 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,388/month

332 Days on Market

Highlights

  • Custom Home
  • Deck
  • Attic
  • Southside Elementary School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of January 2018

PRICE IMPROVEMENT!! Uniquely historical home on a fabulous West of the Trail Flower street lot. Perfect central location near dining, shopping, and A rated Southside Elementary School. Build your new home, or refurbish the extremely rare all metal home that currently exists. It is the only surviving "Lustron" home in Sarasota and we've been told that it's one of only six in the country. A "Lustron" is essentially a "kit house" that was manufactured in the late 1940's for soldiers returning from WWII. It is essentially, fireproof, and termite proof. This particular model is known as the Westchester and features a zig-zag column that is the signature feature of Lustron homes. Renovate and use as a rental or vacation home in the middle of all that Sarasota has to offer. Nestled on a .20 acre lot that faces due North in a highly sought-after neighborhood located only a few blocks from the water, minutes to downtown, Siesta Key Beach, and the newly renovated Southgate Mall and Cinebistro. Please note: the Lustron home is not historically protected and may be torn down without penalty.

Last Agent to Sell the Property

Cathy Rustin

FIRST LIGHT REAL ESTATE License #3332179 Listed on: 02/14/2017

Last Buyer's Agent

Jack Otto

License #3003206

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,055

Year Built

  • Built in 1949

Lot Details

  • 8,850 Sq Ft Lot
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF3

Parking

  • Driveway

Home Design

  • Custom Home
  • Bungalow
  • Slab Foundation
  • Steel Frame

Interior Spaces

  • 982 Sq Ft Home
  • 1-Story Property
  • Attic

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poinsettia Park Community
  • Poinsettia Park 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,055

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Custom
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 982
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1054
  • Lot Size Sq Ft: 8850
  • Directions to Property: From Bee Ridge and Hwy 41 do North past Siesta Drive
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4177499&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4177499&cview=true&show_results=true&customer_portal=true
  • FCHR URL: No
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9589
  • Price per Sq Ft: 356.42
  • Close to Original List Price Ratio: 0.875
  • Ratio: Current Price\Building Area Total: 332.07
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Attic
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1956
  • Room Count: 5
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0142F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Complex Community Name NCCB: POINSETTIA PARK
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 2039010018
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4055
  • Tax Block: C
  • Tax Book Number: 1-143
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Jan 25, 2018
Sold by
Jj N Development Llc
Bought by
2001 Lbi Llc
Seller's Agent
Cathy Rustin
FIRST LIGHT REAL ESTATE
Buyer's Agent
Jack Otto
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
$697,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,343
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Jul 7, 2016
Sold by
Hudson George G and Hudson Virginia M
Bought by
J J & N Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
11.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
2001 Lbi Llc $350,000 Alliance Group Title Llc
J J & N Development Llc $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Christopher Samuel $35,000
Previous Owner Jj And N Development Llc $315,000
Previous Owner J J & N Development Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $350,000 -4.1% $356 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
11/21/2017 11/21/17 Price Changed $365,000 0.0% $372 / Sq Ft
11/21/2017 11/21/17 For Sale $365,000 -8.8% $372 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $400,000 -- $407 / 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 $7,150 $529,317 -- --
2023 $7,150 $513,900 $466,400 $47,500
2022 $5,002 $383,100 $338,900 $44,200
2021 $4,209 $260,800 $240,700 $20,100
2020 $4,642 $281,200 $263,300 $17,900
2019 $4,280 $259,100 $240,700 $18,400
2018 $4,560 $275,900 $270,800 $5,100
2017 $4,811 $288,800 $280,600 $8,200
2016 $4,055 $244,900 $238,300 $6,600
2015 $3,693 $211,000 $205,000 $6,000
2014 $3,527 $188,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4177499

Stellar MLS

APN: 2039-01-0018