2055 S Shade Ave Sarasota, FL 34239
Arlington Park NeighborhoodEstimated Value: $1,356,703 - $2,122,000
            
                3
                Beds
            
            
            
                4
                Baths
            
            
            
                2,562
                Sq Ft
            
            
                
                    $627/Sq Ft
                    Est. Value
                
                
        
    
    
Highlights
- Parking available for a boat
 - Oak Trees
 - Property is near public transit
 - Southside Elementary School Rated A
 - Deck
 - Ranch Style House
 
About This Home
As of September 2017GREAT income property!  This home has 1 studio apartment with full kitchen, another apartment with 2 bedrooms, kitchenette and bathroom, and then 3 other bedrooms with bathrooms.  Income is over $4k per month.  85% occupied right now with renters who want to stay put!  Lots of parking out front, large courtyard and every unit has a porch or patio access.  Garage has a workshop and could easily be converted into another bedroom.  FABULOUS location!  This won't last, make your appointment now!  
Management team is already in position and happy to stay on the job for the new owner.
Property Details
Home Type
- Multi-Family
 
Est. Annual Taxes
- $3,907
 
Year Built
- Built in 1966
 
Lot Details
- 10,200 Sq Ft Lot
 - Lot Dimensions are 102x100
 - Mature Landscaping
 - Oak Trees
 
Parking
- 1 Car Attached Garage
 - 1 Carport Space
 - Workshop in Garage
 - Driveway
 - Open Parking
 - Parking available for a boat
 
Home Design
- 2,562 Sq Ft Home
 - Ranch Style House
 - Shingle Roof
 - Block Exterior
 
Outdoor Features
- Deck
 - Patio
 - Outdoor Storage
 - Porch
 
Location
- Property is near public transit
 
Utilities
- Zoned Heating and Cooling
 - Cable TV Available
 
Community Details
- No Home Owners Association
 - 6 Units
 - Purtz Sub Community
 - Purtz Sub Subdivision
 
Listing and Financial Details
- Tax Lot 7
 - Assessor Parcel Number 0056020065
 
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Dec 15, 2022
            
        
                Sold by
            
            
                Dimino Glenda
            
        
                Bought by
            
            
                Dimino Glenda and Dimino James J
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Mar 9, 2018
            
        
                Sold by
            
            
                South Shade Llc
            
        
                Bought by
            
            
                Dimono Glenda
            
        Purchase Details
                Listed on
            
            
                Jun 1, 2017
            
        
                Closed on
            
            
                Aug 31, 2017
            
        
                Sold by
            
            
                Anmark Properties Llc
            
        
                Bought by
            
            
                South Shade Llc
            
        
                List Price
            
            
                $284,000
            
        
                Sold Price
            
            
                $250,000
            
        
                            Premium/Discount to List
                        
                        
                                -$34,000
                            
                            
                                -11.97%
                            
                        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Avg. Annual Appreciation
            
            
                25.63%
            
        Purchase Details
                Closed on
            
            
                Jun 16, 2017
            
        
                Sold by
            
            
                Barker Kathryn S
            
        
                Bought by
            
            
                Anmark Properties Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $230,000
            
        
                Interest Rate
            
            
                4.02%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        Purchase Details
                Closed on
            
            
                Jun 1, 2017
            
        
                Bought by
            
            
                South Shade Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $230,000
            
        
                Interest Rate
            
            
                4.02%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Dimino Glenda | $100 | -- | |
| Dimono Glenda | -- | Attorney | |
| South Shade Llc | $250,000 | Attorney | |
| Anmark Properties Llc | $232,000 | Attorney | |
| South Shade Llc | $232,500 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Anmark Properties Llc | $230,000 | 
                Source: Public Records
            
        Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 12/06/2017 12/06/17 | Off Market | $250,000 | -- | -- | 
| 09/05/2017 09/05/17 | Sold | $250,000 | -12.0% | $98 / Sq Ft | 
| 08/11/2017 08/11/17 | Pending | -- | -- | -- | 
| 06/01/2017 06/01/17 | For Sale | $284,000 | -- | $111 / Sq Ft | 
                    Source: Stellar MLS
            
        Tax History Compared to Growth
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 | $6,658 | $938,643 | -- | -- | 
| 2023 | $13,518 | $911,304 | $0 | $0 | 
| 2022 | $14,249 | $962,500 | $225,000 | $737,500 | 
| 2021 | $2,318 | $158,900 | $158,900 | $0 | 
| 2020 | $2,035 | $125,200 | $125,200 | $0 | 
| 2019 | $1,941 | $119,600 | $119,600 | $0 | 
| 2018 | $4,177 | $228,900 | $109,400 | $119,500 | 
| 2017 | $4,032 | $219,351 | $0 | $0 | 
| 2016 | $3,907 | $241,700 | $89,000 | $152,700 | 
| 2015 | $3,368 | $181,900 | $57,900 | $124,000 | 
| 2014 | $3,200 | $149,820 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
Source: Stellar MLS
MLS Number: A4187988
APN: 0056-02-0065
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