NOT LISTED FOR SALE

197 & 199 Boundary Blvd Unit A,B,C,D,1,2 Rotonda West, FL 33947

Estimated Value: $493,311 - $558,000

5 Beds
5 Baths
4,026 Sq Ft
$128/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $426,000 $106 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,593/month

116 Days on Market

Highlights

  • Golf Course Community
  • 0.63 Acre Lot
  • Park or Greenbelt View
  • Screened Pool
  • Open Floorplan
  • Corner Lot

About This Home

As of April 2019

SOUGHT AFTER INVESTMENT PROPERTY in Rotonda West. Hard to find six unit complex in good condition. All stable tenants with current leases at fair market value. Property is being professionally managed and all units have security deposits and last month's rent. Five units are one bedroom/one bath and the other unit is a two bedroom/two bath. All units have tiled flooring throughout, screened lanais, newer AC's & laundry rooms. Caged pool in between the two buildings at 197 Boundary Blvd. All 4 tenants at 197 Boundary share the pool. Over $56,400 income generated from these well maintained units that are on Central Water/Sewer. All 3 roofs replaced 2016 - 2018. All 6 AC units replaced 2017 and 2018. Parking areas repaved November 2018. Rotonda West community enjoys Golf courses, public park with playground, walking trails and community recreation area. Don't miss this opportunity to own a positive cash flow Investment Property in Rotonda West!!

Last Agent to Sell the Property

Kathy Damewood

RE/MAX ALLIANCE GROUP License #544136 Listed on: 11/15/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Yelena Golovatyuk

KELLER WILLIAMS ST PETE REALTY License #3369307

KELLER WILLIAMS ST PETE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,435

Year Built

  • Built in 1976

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 126x180x156x180
  • Corner Lot
  • Level Lot
  • Additional Parcels

HOA Fees

  • $32 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 4,026 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Ceramic Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Parking

  • Driveway
  • Open Parking
  • Off-Street Parking

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Flood Zone Lot

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • 6 Units
  • 5,840 Sq Ft Building
  • Rotonda West Oakland Hill Community
  • Rotonda West Oakland Hills Subdivision
  • Greenbelt

Recreation

  • Golf Course Community
  • Community Playground
  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $56,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,435

Year Built

Built in 1976

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4026
  • Lot Size Acres: 0.63
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 5840
  • Lot Size Sq Ft: 27523
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Directions to Property: Route 776 to left onto Placida Road south to right onto Rotonda Blvd. W. Go to #197 & 199 on the corner of Rotonda Blvd. W & Boundary Blvd.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103464&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6103464&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94688
  • Price per Sq Ft: 105.81
  • Close to Original List Price Ratio: 0.94688
  • Ratio: Current Price\Building Area Total: 72.95
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Exhaust Fan, Range, Refrigerator
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 197 & 199
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Lighting, Screen Enclosure
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Built-Up, Shingle
  • Pool Private: Yes
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0193F
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street, Open
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Park, Playground
  • Association Fee: 380
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 380
  • Monthly HOA Fee: 31.67
  • Total Monthly Fees: 31.67

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RMF15
  • Parcel Number: 412022330002
  • Additional Parcels Description: 412022330008
  • Additional Parcels: Yes
  • Lot Features: Corner Lot, FloodZone, Greenbelt, In County, Level
  • Lot Dimensions: 126x180x156x180
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 4700

Multi Family

  • Gross Income: 56700
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7435
  • Tax Book Number: 8-15
  • Tax Lot: 1078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 4, 2019
Sold by
Ms Venture Fund Llc
Bought by
Hope Deborah L
Seller's Agent
Kathy Damewood
RE/MAX ALLIANCE GROUP
Buyer's Agent
Yelena Golovatyuk
KELLER WILLIAMS ST PETE REALTY
List Price
$449,900
Sold Price
$426,000
Premium/Discount to List
-$23,900
-5.31%
Current Estimated Value
$517,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,078
Avg. Annual Appreciation
3.06%
Original Mortgage
$153,000
Outstanding Balance
$135,062
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$382,016

Purchase Details

Closed on
Oct 27, 2017
Sold by
Ms Venture Fund Llc
Bought by
Ms Venture Fund Llc

Purchase Details

Closed on
Jan 4, 2016
Sold by
Florida Ivanhoe Rotonda Llc
Bought by
Ms Venture Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2015
Sold by
Amani Ibrahim
Bought by
Florida Ivanhoe Rotonda Llc

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bartsocas Skropolis Stella and Skropolis Elaine
Bought by
Amani Ibrahim

Purchase Details

Closed on
Jul 26, 2011
Sold by
Bartsocas Skropolis Stella and Skropolis Elaine
Bought by
Bartsocas Skropolis Stella and Skropolis Elaine

Purchase Details

Closed on
Jul 2, 2010
Sold by
Waterfall Victoria Reo 2010-01 Llc
Bought by
Bartsocas Skropolis Stella

Purchase Details

Closed on
Feb 10, 2010
Sold by
Murdock Hugh D and Citigroup Global Markets Realt
Bought by
Waterfall Victoria Reo 2010-01 Llc

Purchase Details

Closed on
Nov 16, 2001
Sold by
Robbins Jerry W and Robbins Wanda J
Bought by
Murdock Hugh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.59%
Mortgage Type
Commercial
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
Hope Deborah L $300,000 Gold Crest Title Services
Ms Venture Fund Llc -- Attorney
Ms Venture Fund Llc $210,000 Stewart Title Company
Florida Ivanhoe Rotonda Llc -- None Available
Amani Ibrahim $165,000 Mccrory Title Company
Bartsocas Skropolis Stella -- Attorney
Bartsocas Skropolis Stella -- Attorney
Bartsocas Skropolis Stella $103,500 None Available
Waterfall Victoria Reo 2010-01 Llc -- None Available
Murdock Hugh D $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hope Deborah L $153,000
Previous Owner Ms Venture Fund Llc $110,000
Previous Owner Murdock Hugh D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $426,000 -5.3% $106 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $449,900 -- $112 / 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
2023 $9,959 $273,631 $0 $0
2022 $8,293 $285,453 $35,700 $249,753
2021 $7,869 $246,944 $17,000 $229,944
2020 $7,091 $251,566 $13,600 $237,966
2019 $5,169 $210,599 $13,600 $196,999
2018 $5,075 $205,174 $11,900 $193,274
2017 $6,060 $205,892 $22,440 $183,452
2016 $5,938 $196,678 $0 $0
2015 $5,688 $189,193 $0 $0
2014 -- $171,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Damewood

    Seller's Agent in 2019

    Kathy Damewood

    RE/MAX

    (941) 321-7355

    156 in this area

    815 Total Sales

    Kathy Damewood
    Section Image
  • Yelena Golovatyuk

    Buyer's Agent in 2019

    Yelena Golovatyuk

    KELLER WILLIAMS ST PETE REALTY

    (941) 303-0104

    15 in this area

    236 Total Sales

    Yelena Golovatyuk
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6103464

Stellar MLS

APN: 412022330002

Florida Charlotte County Rotonda West 33947

197 & 199 Boundary Blvd Unit A,B,C,D,1,2, Rotonda West, FL

This home is located at 197 & 199 Boundary Blvd Unit A,B,C,D,1,2, Rotonda West, FL 33947 since 15 November 2018 and is currently estimated at $517,078, approximately $128 per square foot. This property was built in 1976. 197 & 199 Boundary Blvd Unit A,B,C,D,1,2 is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay High 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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