NOT LISTED FOR SALE

Estimated Value: $232,000 - $275,638

2 Beds
2 Baths
1,295 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $157,000 $121 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,451/month

125 Days on Market

Highlights

  • No HOA
  • Riverview High School Rated A
  • Central Heating and Cooling System

About This Home

As of June 2019

1bd/1bth duplex offering opportunity to come in and own a solidly built income property near Ringling College and short distance to downtown. Block construction,5 year old metal roof, tile flooring throughout, indoor laundry room, appliances included. Current leases are expired in April but tenants are in place. Current tenants will stay but market rate for rent is much higher than amount currently paid.

Last Agent to Sell the Property

Mitch Helmuth

HARRY ROBBINS ASSOC INC License #3250538 Listed on: 01/08/2019

Last Buyer's Agent

Jason Silverstein

BUDGET REALTY OF SARASOTA License #0667334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1980

Lot Details

  • 5,175 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • Driveway

Home Design

  • 1,295 Sq Ft Home
  • Duplex
  • Metal Roof
  • Block Exterior

Kitchen

  • Range

Laundry

  • Dryer
  • Washer

Schools

  • Gocio Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hillcrest Community
  • Hillcrest 2Nd Add To Crisps Subdivision

Building Details

  • Gross Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,439

Year Built

Built in 1980

Lot Details

5,175 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1295
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 5175
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422856&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422856&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97576
  • Price per Sq Ft: 121.24
  • Close to Original List Price Ratio: 0.95209
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Levels: One
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0131F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • 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
  • Deposits Y N: Yes

Schools

  • Elementary School: Gocio Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2024110001
  • Additional Parcels: No
  • Lot Dimensions: 50x100
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 625

Multi Family

  • Gross Income: 14700
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1439
  • Tax Block: B
  • Tax Book Number: 1-37
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Jun 14, 2019
Sold by
Crs Corporation Of Sarasota County
Bought by
Veldman Jonathan Nicholas
Seller's Agent
Mitch Helmuth
HARRY ROBBINS ASSOC INC
Buyer's Agent
Jason Silverstein
BUDGET REALTY OF SARASOTA
List Price
$164,900
Sold Price
$157,000
Premium/Discount to List
-$7,900
-4.79%
Current Estimated Value
$250,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,160
Avg. Annual Appreciation
7.13%
Original Mortgage
$133,450
Outstanding Balance
$116,846
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$133,314

Purchase Details

Closed on
Dec 22, 1997
Sold by
Shue Charles
Bought by
C R S Corp Of Sarasota County
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Veldman Jonathan Nicholas $157,000 Attorney
C R S Corp Of Sarasota County -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veldman Jonathan Nicholas $133,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $157,000 -2.4% $121 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $160,900 -2.4% $124 / Sq Ft
01/04/2019 01/04/19 For Sale $164,900 -- $127 / 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
2025 $1,792 $142,886 -- --
2024 $1,811 $133,790 -- --
2023 $1,811 $157,262 $0 $0
2022 $1,694 $147,006 $0 $0
2021 $1,459 $110,400 $17,900 $92,500
2020 $1,353 $99,400 $18,200 $81,200
2019 $1,563 $97,800 $11,900 $85,900
2018 $1,439 $88,700 $17,600 $71,100
2017 $1,367 $65,387 $0 $0
2016 $1,274 $76,200 $17,200 $59,000
2015 $1,162 $64,400 $15,200 $49,200
2014 $1,203 $44,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4422856

Stellar MLS

APN: 2024-11-0001

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