2042 Kai Dr Sarasota, FL 34231
Gulf Gate Estates Neighborhood
2
Beds
1
Bath
1,790
Sq Ft
8,766
Sq Ft Lot
Highlights
- Open Floorplan
- Florida Architecture
- Great Room
- Riverview High School Rated A
- Bonus Room
- No HOA
About This Home
As of October 2024TWO for ONE! Experience the potential of 2042 Kai Dr, a unique property for sale in Sarasota, FL, offering a prime renovation opportunity. Built in 1963, this Florida block home features 1790 sqft of living space and sits on a spacious combined lot, INCLUDING the house and an adjacent vacant lot. Located on a quiet cul-de-sac street with no through traffic, it presents a tranquil residential setting.
The interior retains many original features, creating a perfect canvas for those looking to renovate or rebuild from scratch. The property includes an open floor plan with a living room-dining room combination and a great room adorned with a wall of wide sliders. Notable updates include a new roof installed in 2012 and a central A/C system added in 2015.
This house is being sold AS-IS, with no credits or repairs offered, reflecting the list price for BOTH the home and the adjacent lot that is separately deeded. These lots offer the potential to build your dream home in a desirable area of Sarasota. The property's value is further underscored by a recent appraisal conducted in August 2024, ensuring you buy with built-in equity.
Location wise, it's also conveniently close to Sprouts Farmers Market (1 mile), Gulf Gate (approx 2 miles), and the stunning Siesta Key (approx 3 miles), enhancing lifestyle convenience with grocery shopping, local attractions, and beautiful beaches nearby. Whether you are investing to remodel or to create something new, 2042 Kai Dr holds impressive potential in a fantastic Sarasota location.
Last Agent to Sell the Property
COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3373065
Last Buyer's Agent
COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3373065
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,217
Year Built
- Built in 1963
Lot Details
- 8,766 Sq Ft Lot
- Cul-De-Sac
- North Facing Home
- 2 Lots in the community
- Additional Parcels
- Property is zoned RSF3
Parking
- 1 Carport Space
Home Design
- Florida Architecture
- Fixer Upper
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,790 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Great Room
- Living Room
- Bonus Room
- Workshop
- Storage Room
- Laundry Room
Kitchen
- Dinette
- Cooktop
Flooring
- Linoleum
- Terrazzo
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- 1 Full Bathroom
Outdoor Features
- Patio
- Shed
- Private Mailbox
Schools
- Gulf Gate Elementary School
- Brookside Middle School
- Riverview High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Jensen Sub Community
- Jensen Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 13
- Assessor Parcel Number 0112110004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Oct 31, 2024
Sold by
Blaquier Andre Daniel
Bought by
Behn Andrew and Behn Sonja
Seller's Agent
Michael Ballantyne
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Michael Ballantyne
COLDWELL BANKER SARASOTA CENT.
List Price
$415,000
Sold Price
$397,500
Premium/Discount to List
-$17,500
-4.22%
Total Days on Market
6
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,330
Avg. Annual Appreciation
3.33%
Original Mortgage
$357,750
Outstanding Balance
$356,153
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$48,705
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $397,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $397,500 | -4.2% | $222 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $415,000 | -- | $232 / Sq Ft |
Source: Stellar MLS
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 | $3,217 | $217,300 | $137,700 | $79,600 |
| 2023 | $3,217 | $228,700 | $129,500 | $99,200 |
| 2022 | $967 | $74,443 | $0 | $0 |
| 2021 | $951 | $72,275 | $0 | $0 |
| 2020 | $937 | $71,277 | $0 | $0 |
| 2019 | $889 | $69,674 | $0 | $0 |
| 2018 | $853 | $68,375 | $0 | $0 |
| 2017 | $852 | $66,969 | $0 | $0 |
| 2016 | $857 | $134,700 | $43,500 | $91,200 |
| 2015 | $867 | $117,300 | $41,500 | $75,800 |
| 2014 | $865 | $63,664 | $0 | $0 |
Source: Public Records
About the Listing Agent
A native of Michigan, Michael was raised with what he calls "classic, small town, Mid-western values" including honesty, directness, and a strong work ethic. As much as he enjoys classic and beautiful things, Michael has never lost sight of these values. They are what make him the warm, good-humored, genuinely down-to-earth person he is today. When he is not busy with his clients, Michael is equally comfortable in a night out at the theater, entertaining friends at home, digging in his flower
Michael's Other Listings
Source: Stellar MLS
MLS Number: A4621739
APN: 0112-11-0004
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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