NOT LISTED FOR SALE

Estimated Value: $589,321 - $664,000

3 Beds
2 Baths
1,306 Sq Ft
$478/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $617,000 $472 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,888/month

55 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Closet Cabinetry
  • Phillippi Shores Elementary School Rated A
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of December 2024

LOCATED IN FLOOD ZONE X, NO DAMAGE TO THE HOUSE, LANAI FROM RECENT HURRICANES, CONCRETE BLOCK HOME! MOVE IN READY!!This is a hidden jewel located close to Phillipi creek and only a few houses away from the water, situated on a spacious 14,200 sq ft lot on Ridgewood subdivision. This 3 bed two bathroom property offers immense possibilities that would make a great rental for an investor looking to add to its portfolio with a few upgrades this will make a charming quaint property. The double lot is already divided into two lots which additionally would be make a great investment for a property developer looking to build luxury million dollar plus homes that have already been selling in the street. The house has recently had a new roof and AC updated so great savings on big ticket items, and low insurance as its in a no flood zone. This is in a sought after neighborhood with A rated schools and close by to the No 1 beach Siesta key, with every amenity on your door step , hospitals, stores and downtown , this central location doesnt get any better, book your private showing and secure your piece of paradise.

Last Agent to Sell the Property

Rory McDonald

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3273538 Listed on: 09/13/2024

PREFERRED SHORE LLC

Last Buyer's Agent

Rory McDonald

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3273538 Listed on: 09/13/2024

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,118

Year Built

  • Built in 1983

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x142
  • South Facing Home
  • Garden
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Ridgewood Community
  • Ridgewood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,118

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1306
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 2034
  • Lot Size Sq Ft: 14220
  • Directions to Property: From I75 westbound on Bee Ridge,turn left onto Shade Ave which turns into Palm Terrace at the L curve. At the 4 way stop turn left onto Riverwood, then another left onto Pine Terrace. Home 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: 508758250
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 472.43
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2341
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 121.33
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Garden, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0075030021
  • Additional Parcels: No
  • Lot Dimensions: 100x142
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1321

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: county regulation

Tax Info

  • Tax Annual Amount: 5117.84
  • Tax Block: K
  • Tax Book Number: 1-132
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 6, 2024
Sold by
Carmen M Schatzmann-Richter Revocable Li and Richter Jean C
Bought by
Mv5 Ventures Llc
Seller's Agent
Rory McDonald
PREFERRED SHORE LLC
Buyer's Agent
Rory McDonald
PREFERRED SHORE LLC
List Price
$645,000
Sold Price
$617,000
Premium/Discount to List
-$28,000
-4.34%
Views
28
Current Estimated Value
$624,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,830
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Jun 6, 2015
Sold by
Richter Carmen M
Bought by
County Of Sarasota

Purchase Details

Closed on
May 28, 2002
Sold by
Richter Anja V and Richter Jean C
Bought by
Richter Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
6.92%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Desario Nicole M and Hervey Nicole M
Bought by
Richter Anja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Mv5 Ventures Llc $617,000 None Listed On Document
County Of Sarasota -- None Available
Richter Carmen M $110,000 --
Richter Anja $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Carmen M $58,529
Previous Owner Richter Carmen M $40,000
Previous Owner Richter Carmen M $71,500
Previous Owner Richter Anja $92,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $617,000 -3.4% $472 / Sq Ft
11/07/2024 11/07/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $639,000 -0.9% $489 / Sq Ft
09/13/2024 09/13/24 For Sale $645,000 -- $494 / 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 $5,118 $421,520 -- --
2023 $5,118 $383,200 $250,000 $133,200
2022 $2,269 $247,109 $0 $0
2021 $2,250 $239,912 $0 $0
2020 $2,230 $236,600 $128,600 $108,000
2019 $2,280 $243,893 $0 $0
2018 $2,201 $239,345 $0 $0
2017 $2,170 $234,422 $0 $0
2016 $550 $229,600 $127,600 $102,000
2015 $3,033 $203,500 $90,400 $113,100
2014 -- $140,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4623231

Stellar MLS

APN: 0075-03-0021