NOT LISTED FOR SALE

2122 32nd St Sarasota, FL 34234

Estimated Value: $172,000 - $247,000

2 Beds
2 Baths
1,260 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $200,000 $159 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,327/month

22 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Sarasota High School Rated A-

About This Home

As of August 2023

Hurry, won't last long- lendable duplex close to downtown Sarasota! Great investment opportunity with current HUD tenants that would like to stay a long time. Each unit is a 1 bedroom/1bath with and extra room that could be a den, office or another bedroom (no closet). Last year the owner installed a brand new septic system and well on the property. All concrete block and low maintenance on the building makes this a great investment. Professional management in place for the last 2 years. Each unit has its own electric meter. Close to all schools and 10 minute drive to heart of downtown. Owner currently has insurance on the property. Each one bedroom rents for $1,195.00/month from HUD.

Last Agent to Sell the Property

Jill Lyons

RELAX REALTY GROUP INC Brokerage Phone: 941-923-7200 License #3096914 Listed on: 06/22/2023

Last Buyer's Agent

Christopher Enfort

COMPASS FLORIDA LLC License #3517881

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,352

Year Built

  • Built in 1957

Lot Details

  • 3,583 Sq Ft Lot
  • Lot Dimensions are 50x76

Home Design

  • Duplex
  • Block Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Emma E. Booker Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,376 Sq Ft Building
  • Siplins Add Community
  • Siplins Add Subdivision

Building Details

  • Gross Income $28,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,352

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1260
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1376
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 3583
  • Tenant Pays: Electricity
  • Directions to Property: Take 27th Street (MLK Blvd) east of US 301 and take a left on Leonard Reid Ave. Turn right on 32nd Street and house is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047811
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 158.73
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 2122
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 117.06

Exterior Features

  • Exterior Features: Other
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Emma E. Booker Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0028050023
  • Additional Parcels: No
  • Lot Dimensions: 50x76
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 333

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2390
  • Lease Restrictions YN: 0
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 28680
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2352.31
  • Tax Block: B
  • Tax Book Number: 6-60
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Aug 15, 2023
Sold by
Ingrao Mario A
Bought by
Greene Ashley
Seller's Agent
Jill Lyons
RELAX REALTY GROUP INC
Buyer's Agent
Christopher Enfort
COMPASS FLORIDA LLC
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%
Views
157
Current Estimated Value
$211,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,520
Avg. Annual Appreciation
6.46%
Original Mortgage
$150,000
Outstanding Balance
$147,290
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$80,097

Purchase Details

Listed on
Jul 1, 2019
Closed on
Nov 12, 2019
Sold by
Sspp 2 Llc
Bought by
Ingrao Mario
Seller's Agent
Rex Glasson
DOUGLAS ELLIMAN
Buyer's Agent
Dan Frishberg
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$119,925
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2017
Sold by
Powell Beresford W and Powell Albennie
Bought by
Sspp 2 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Greene Ashley $200,000 None Listed On Document
Ingrao Mario $159,900 Attorney
Sspp 2 Llc $15,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene Ashley $150,000
Previous Owner Ingrao Mario $119,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $200,000 -16.3% $159 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $239,000 +49.5% $190 / Sq Ft
11/18/2019 11/18/19 Sold $159,900 0.0% $127 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $159,900 0.0% $127 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $159,900 -- $127 / 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 $2,394 $115,000 $35,800 $79,200
2023 $2,394 $147,300 $35,000 $112,300
2022 $2,383 $146,700 $48,100 $98,600
2021 $2,352 $139,400 $57,400 $82,000
2020 $2,174 $124,000 $39,300 $84,700
2019 $1,283 $58,100 $14,400 $43,700
2018 $1,162 $52,200 $12,000 $40,200
2017 $1,068 $39,941 $0 $0
2016 $1,032 $44,700 $4,300 $40,400
2015 $1,012 $41,700 $3,900 $37,800
2014 $994 $27,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4574534

Stellar MLS

APN: 0028-05-0023