NOT LISTED FOR SALE

2005 Teal Ave Sarasota, FL 34232

Estimated Value: $367,575 - $420,000

3 Beds
1.5 Baths
1,898 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $90,000 $47 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $2,435/month

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Security System Owned
  • Sarasota High School Rated A-
  • Mature Landscaping
  • Ceramic Tile Flooring

About This Home

As of October 2012

Short Sale. Located in Sarasota Springs this home has great space but it is in need of a full roof relpacement, driveway, kitchen, carpets, A/C duct work possibly. Investor Special. Anne Weintraub to handle short sale - special addendums apply. Listing Price may not be sufficient to pay the total of all liens and costs of sale. Sale of Property at full listing price may require approval of seller's lender(s). Such approval may be conditioned upon the gross commission being reduced.

Last Agent to Sell the Property

Pam Charron

COMPASS FLORIDA LLC License #3208565 Listed on: 08/01/2012

COMPASS FLORIDA LLC

Last Buyer's Agent

Eric Dammann

BRIGHT REALTY License #3239386

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot
  • Mature Landscaping
  • Property is zoned RSF3

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,898 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Range
  • Laundry in unit

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sarasota Springs Community
  • Sarasota Springs Unit 18 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1898
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2531
  • Lot Size Sq Ft: 11543
  • Directions to Property: McIntosh, right on Linwood Street, right on Teal Avenue. House is on the corner of Linwood and Teal.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3963918&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3963918&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1347
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.85714
  • Price per Sq Ft: 47.42
  • Close to Original List Price Ratio: 0.85714
  • Ratio: Current Price\Building Area Total: 35.56
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 2005
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Tile
  • Pool Private: No
  • 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: None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0062040071
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-10-11T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1360
  • Tax Book Number: 0009/0077
  • Tax Lot: 2141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Kd Signature Properties Llc
Bought by
Fleeman David and The 2005 Teal Avenue Land Trus
Current Estimated Value
$393,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$89,096
Interest Rate
3%
Mortgage Type
Balloon
Estimated Equity
$321,239

Purchase Details

Closed on
May 13, 2021
Sold by
Fleeman David and 2005 Teal Aveanue Land Trust
Bought by
Pruitt David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$89,096
Interest Rate
3%
Mortgage Type
Balloon
Estimated Equity
$321,239

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 10, 2012
Sold by
Davis Peggy J and Gamgemi Peggy J
Bought by
Kd Signatures Properties Llc
Seller's Agent
Pam Charron
COMPASS FLORIDA LLC
Buyer's Agent
Eric Dammann
BRIGHT REALTY
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Mar 3, 2004
Sold by
Demaio Michael J and Demaio Jeanne B
Bought by
Gangemi Peggy J Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2002
Sold by
Demaio Michael J and Demaio Jeanne B
Bought by
Gangemi Peggy J Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1995
Sold by
Voegelin Kenneth N and Voegelin Barbara M
Bought by
Demaio Michael J and Demaio Jeanne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,762
Interest Rate
7.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Fleeman David -- Attorney
Pruitt David $291,000 Attorney
Kd Signatures Properties Llc $90,000 Attorney
Gangemi Peggy J Davis -- --
Gangemi Peggy J Davis $162,500 --
Demaio Michael J $83,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruitt David $256,000
Previous Owner Gangemi Peggy J Davis $211,500
Previous Owner Gangemi Peggy J Davis $24,884
Previous Owner Gangemi Peggy J Davis $135,500
Previous Owner Gangemi Peggy J Davis $130,000
Previous Owner Demaio Michael J $125,500
Previous Owner Demaio Michael J $84,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2012 10/11/12 Sold $90,000 0.0% $47 / Sq Ft
08/06/2012 08/06/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $90,000 -- $47 / 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 $3,496 $273,000 $132,300 $140,700
2023 $3,496 $272,744 $0 $0
2022 $3,379 $264,800 $113,600 $151,200
2021 $3,120 $207,000 $69,900 $137,100
2020 $2,822 $172,800 $54,900 $117,900
2019 $2,751 $170,400 $69,300 $101,100
2018 $2,778 $173,600 $66,000 $107,600
2017 $2,683 $162,500 $55,800 $106,700
2016 $2,605 $158,100 $43,500 $114,600
2015 $2,477 $144,400 $40,900 $103,500
2014 $2,244 $106,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3963918

Stellar MLS

APN: 0062-04-0071