NOT LISTED FOR SALE

2402 Terry Ln Sarasota, FL 34231

Estimated Value: $320,000 - $403,000

2 Beds
2 Baths
1,320 Sq Ft
$263/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $125,000 $95 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,204/month

242 Days on Market

Highlights

  • Lake Front
  • Corner Lot
  • Hurricane or Storm Shutters
  • Riverview High School Rated A
  • Formal Dining Room
  • Ceramic Tile Flooring

About This Home

As of March 2013

Active with Cotract. Short Sale - Bank approved price. Charming well-maintained garden home in popular Gulf Gate Manor, only minutes from Siesta Key. This 2 bedroom, 2 bath home boasts a beautiful panoramic view of the lake from the air conditioned Florida room, a perfect spot to enjoy your morning coffee or relax at the end of the day with a glass of wine. Covered parking with storage room with washer and dryer. Low maintenance fee includes cable and lawn maintenance. Updates include hurricane shutters, newer air ducks throughtout home, new windows and newer hot water heater and sidewalks. Gulf Gate is conveniently located to shopping and restaurants. Gulf Gate Manor does not allow rentals.

Last Agent to Sell the Property

Patricia EVANS

LIMBO COMPANY SARASOTA ASSOC License #656695 Listed on: 04/13/2012

Co-Listed By

Peter Evans

License #0667134

Last Buyer's Agent

SHAWN MCLOUGHLIN

LIMBO COMPANY SARASOTA ASSOC License #0704846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1966

Lot Details

  • 10,432 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Corner Lot
  • Irrigation
  • Property is zoned RMF2

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Formal Dining Room
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • City Lot

Community Details

  • Association fees include ground maintenance
  • Gulf Gate Manor Community
  • Gulf Gate Mnr Unit 3 Subdivision
  • On-Site Maintenance

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1966

Lot Details

10,432 Sq Ft Lot

HOA Fees

$95 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Patio
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1320
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 1352
  • Lot Size Sq Ft: 10432
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5828520&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5828520&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1697
  • Call Center Phone Number: 941-364-4014
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 94.7
  • Close to Original List Price Ratio: 0.8935
  • Ratio: Current Price\Building Area Total: 92.46
  • View: Yes
  • Co List Office Mls Id: 266510535
  • Co List Office Phone: 941-907-9541
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Window Features: Blinds, Window Treatments
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Maintenance
  • Association Fee: 95
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1140
  • Total Monthly Fees: 95

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0103160067
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • Zoning Compatible Y N: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-03-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 981
  • Tax Block: 9
  • Tax Book Number: 0018/0014
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Ferrell Judy
Bought by
Ferrell Judy and Keddie Cassandra Mae
Current Estimated Value
$346,838

Purchase Details

Listed on
Apr 13, 2012
Closed on
Mar 12, 2013
Sold by
Hoop Laurie
Bought by
Babinsky Judy
Seller's Agent
Patricia EVANS
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
SHAWN MCLOUGHLIN
LIMBO COMPANY SARASOTA ASSOC
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Mar 24, 2000
Sold by
Tjaden Thomas R
Bought by
Hoop Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
8.37%
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
Ferrell Judy $100 None Listed On Document
Babinsky Judy $125,000 Attorney
Hoop Edward J $77,000 --
Hoop Edward J $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoop Edward J $73,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $125,000 0.0% $95 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
11/16/2012 11/16/12 Price Changed $125,000 0.0% $95 / Sq Ft
11/16/2012 11/16/12 For Sale $125,000 -8.0% $95 / Sq Ft
07/24/2012 07/24/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $135,900 -- $103 / 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 $3,660 $273,900 $136,800 $137,100
2024 $3,603 $250,760 -- --
2023 $3,603 $310,700 $136,600 $174,100
2022 $3,315 $284,000 $126,500 $157,500
2021 $2,682 $188,400 $76,700 $111,700
2020 $2,599 $178,900 $60,900 $118,000
2019 $2,431 $168,700 $72,100 $96,600
2018 $2,427 $170,200 $61,900 $108,300
2017 $2,534 $171,142 $0 $0
2016 $2,282 $154,700 $70,700 $84,000
2015 $2,166 $142,400 $63,900 $78,500
2014 $1,948 $76,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5828520

Stellar MLS

APN: 0103-16-0067

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