NOT LISTED FOR SALE

Estimated Value: $464,000 - $516,645

2 Beds
2 Baths
1,281 Sq Ft
$376/Sq Ft Est. Value

Last Sold February 14, 2019

Last sale price $260,000 $203 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,896/month

6 Days on Market

Highlights

  • Waterfront Community
  • Access To Creek
  • Contemporary Architecture
  • Southside Elementary School Rated A
  • Clubhouse
  • Garden View

About This Home

As of February 2019

Come see this mid-century artist's home and studio in South Gate, Sarasota's mid-century modern neighborhood near beaches, good schools, downtown and everything Sarasota offers. Designed by Ruth Richmond, it has her famous terrazzo floors, charming vintage bathrooms, kitchen and a huge 17x17 ft Florida Room with sliding glass doors connecting the living room, master bedroom, kitchen and backyard. The garage is oversized and has an extra refrigerator, steel cabinets, wood shelving, 14x12 ft of overhead storage, even a place to tie up your kayak. The property has a new driveway in front, new fencing and separate parking pad in back for artist's studio or guest suite. The 11x32 feet art studio bonus room has its own exterior entrance and can become a third bedroom, work area, storage etc. It has water, industrial 66x22 in. stainless deep sinks and a dishwasher already in place. NOTE: Florida room and art studio are not included in square feet but would add over 630 square feet of living space to grow into. The master bedroom has a generous walk-in closet with built-ins. The wide hallway has a deep linen closet. The living room/dining area has new built-in bookshelves and cabinets. A new roof was installed in 2016, washer and dryer (2016) stay with the house. Master bed, headboard, and box spring can stay if you like. This property is NOT in a flood zone. Owner will consider financing to qualified buyers with a strong offer. South Gate Community Association has Mid-Century Community.

Last Agent to Sell the Property

Martie Lieberman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3022744 Listed on: 12/28/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Kelly Mooney

DOUGLAS ELLIMAN License #3078351

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1969

Lot Details

  • 9,954 Sq Ft Lot
  • Southeast Facing Home
  • Dog Run
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Landscaped with Trees
  • Historic Home
  • Property is zoned RSF2

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Florida Architecture
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,281 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Garden Views
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Concrete
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Creek
  • Access to Saltwater Canal
  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Water Purifier

Additional Features

  • Accessible Hallway
  • Ventilation

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Legal Lot and Block 4 / 90
  • Assessor Parcel Number 0058040010

Community Details

Overview

  • Optional Additional Fees
  • Association fees include community pool, pool maintenance, recreational facilities
  • $13 Other Monthly Fees
  • Jim Del Rio Association, Phone Number (941) 955-4597
  • Visit Association Website
  • Built by Ruth Richmond
  • South Gate Subdivision, Mid Century Modern Floorplan
  • South Gate Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1969

Lot Details

0

HOA Fees

$6 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Contemporary, Florida, Historical, Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1281
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1969
  • Accessibility Features: Accessible Hallway(s)
  • Building Area Total: 2502
  • Lot Size Sq Ft: 9954
  • Directions to Property: From US 41 near Sarasota Memorial Hospital go East on Hyde Park Street. Stay on Hyde Park through Arlington Park neighborhood, and go through Tuttle Ave intersection. Turn right on Tetlow Pl. House is on the corner of Tetlow Pl and S Brink Ave.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422217&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422217&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Other Fees Amount: 150
  • Ratio: Close Price\List Price: 0.81761
  • Price per Sq Ft: 202.97
  • Close to Original List Price Ratio: 0.81761
  • Ratio: Current Price\Building Area Total: 103.92
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Other, Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Other, Refrigerator, Washer, Water Purifier
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 2210
  • Room Count: 8
  • Additional Rooms: Bonus Room, Interior In-Law Suite, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Dog Run, Fenced, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Water Body Name: Phillippi Creek
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch
  • Water Access: Canal - Saltwater, Creek
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0134F
  • Additional Water Information: Homeowner Association - South Gate Community access Phillippi Creek kayaks
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Off Street, Other, Oversized, Parking Pad
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Park, Playground, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Optional Additional Fees, Park, Playground, Pool, Recreation Facilities
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association Name: Jim Del Rio
  • Phone: (941) 955-4597
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Website: www.southgatefl.com/about
  • Amenities Additional Fees: South Gate Community Association is NON MANDATORY (involuntary). However, Deed restrictions and HOA rules are in place. Membership is $75 per year. Pool membership is $150 per year.
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 225
  • Monthly HOA Fee: 6.25
  • Total Monthly Fees: 18.75

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0058040010
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Building Info

  • Builder Name: Ruth Richmond

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: No community approval required.
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Sarasota County Tax Assessor's office for latest leasing rules for long term and short term rentals. Currently there is a 30 day minimum for whole house rentals.

Tax Info

  • Tax Annual Amount: 2322
  • Tax Block: 90
  • Tax Book Number: 10-21
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Feb 14, 2019
Sold by
Penati Mario and Mario Penati 2006 Revocable Tr
Bought by
Jimenez Robert and Jimenez Ashley
Seller's Agent
Martie Lieberman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kelly Mooney
DOUGLAS ELLIMAN
List Price
$318,000
Sold Price
$260,000
Premium/Discount to List
-$58,000
-18.24%
Current Estimated Value
$481,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,911
Avg. Annual Appreciation
9.91%
Original Mortgage
$200,000
Outstanding Balance
$176,540
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$305,371

Purchase Details

Closed on
Jan 20, 2017
Sold by
Campbell Richard
Bought by
Penati Mario and Marlo Penati 2006 Revocable Trust

Purchase Details

Closed on
Dec 20, 1999
Sold by
Campbell Richard and Campbell Donna
Bought by
Campbell Richard and Campbell Donna

Purchase Details

Closed on
Nov 20, 1992
Sold by
Thomas Golda M
Bought by
Thomas Golda M
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
Jimenez Robert $260,000 Attorney
Penati Mario $227,000 First International Title In
Campbell Richard -- --
Thomas Golda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Robert $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2019 02/14/19 Sold $260,000 -18.2% $203 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $318,000 -- $248 / 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 $3,166 $250,977 -- --
2023 $3,166 $243,667 $0 $0
2022 $3,053 $236,570 $0 $0
2021 $3,054 $229,680 $0 $0
2020 $2,784 $205,700 $112,300 $93,400
2019 $3,181 $204,300 $107,800 $96,500
2018 $2,322 $173,500 $110,500 $63,000
2017 $2,823 $171,345 $0 $0
2016 $2,844 $189,000 $92,800 $96,200
2015 $2,459 $140,700 $59,200 $81,500
2014 $2,336 $113,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4422217

Stellar MLS

APN: 0058-04-0010