NOT LISTED FOR SALE

2502 Terry Ln Sarasota, FL 34231

Estimated Value: $488,000 - $875,354

4 Beds
4 Baths
3,493 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $287,500 $82 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,108/month

121 Days on Market

Highlights

  • Open Floorplan
  • Fruit Trees
  • Attic
  • Riverview High School Rated A
  • Property is near public transit
  • End Unit

About This Home

As of July 2018

TALK ABOUT LOCATION!!!! Attached villas, both sides listed. Excellent income potential, live in one side and rent the other, or great investment property renting both sides. This is two attached villas, both sides are two bedroom and two bath each with a one car attached garage, indoor laundry, fenced yard, corner lot and great rental income potential! Needs updating. This property is close to Gulf Gate Plaza with Publix, Bed Bath and Beyond and numerous other stores for your shopping needs. Close to many restaurant options from casual dinning to cultural and regional culinary experience to satisfy everybody's taste buds. Did we mention location? This property is only minutes away from the world famous Siesta Key Beach with its sugar sand beach and Siesta Key Village. Easy access to the interstate. A must see property, don't miss this opportunity!

Last Agent to Sell the Property

Bill Unzicker

COLDWELL BANKER REALTY License #3366115 Listed on: 03/02/2018

COLDWELL BANKER REALTY

Co-Listed By

Angela Unzicker

COLDWELL BANKER REALTY License #3154439

Last Buyer's Agent

Bill Unzicker

COLDWELL BANKER REALTY License #3366115 Listed on: 03/02/2018

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,069

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • End Unit
  • North Facing Home
  • Fenced
  • Corner Lot
  • Fruit Trees
  • Land Lease expires 3/6/18

Parking

  • 1 Car Attached Garage

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,493 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Family Room
  • Breakfast Room
  • Inside Utility
  • Laundry in unit
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Gulf Gate Manor Community
  • Gulf Gate Manor Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,069

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3493
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 4021
  • Lot Size Sq Ft: 12300
  • Directions to Property: From exit 205, Clark Rd, off I-75 head west, turn left on Gateway Ave then left on Terry Lane. 1st building on the right, corner lot.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210228&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4210228&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.76687
  • Price per Sq Ft: 82.31
  • Close to Original List Price Ratio: 0.68469
  • Ratio: Current Price\Building Area Total: 71.5
  • View: No
  • Co List Office Mls Id: 281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Attic, Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Exhaust Fan, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2502-2504
  • Room Count: 11
  • Additional Rooms: Attic, Breakfast Room Separate, Family Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0144F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0103090032
  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2018-03-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 800
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 4069
  • Tax Block: 3
  • Tax Book Number: 16-33
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Helmuth Beverly
Bought by
Light House Rentals Llc
Current Estimated Value
$662,839

Purchase Details

Closed on
Apr 2, 2019
Sold by
Lighthouse Rentals Llc
Bought by
Helmuth Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
4.3%

Purchase Details

Listed on
Mar 2, 2018
Closed on
Jul 18, 2018
Sold by
Humerichouse Kallee
Bought by
Lighthouse Rentals Llc
Seller's Agent
Bill Unzicker
COLDWELL BANKER REALTY
Buyer's Agent
Bill Unzicker
COLDWELL BANKER REALTY
List Price
$374,900
Sold Price
$287,500
Premium/Discount to List
-$87,400
-23.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Sep 4, 2015
Sold by
Humerickhouse Kaylin and Humerickhouse Kallee
Bought by
Humerickhouse Kallee
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
Light House Rentals Llc $154,700 Attorney
Helmuth Beverly -- Attorney
Lighthouse Rentals Llc $287,500 Sunbelt Title Agency
Humerickhouse Kallee -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Helmuth Beverly $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $287,500 -23.3% $82 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $374,900 0.0% $107 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $374,900 0.0% $107 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
05/14/2018 05/14/18 Price Changed $374,900 -3.8% $107 / Sq Ft
04/03/2018 04/03/18 Price Changed $389,900 -4.9% $112 / Sq Ft
03/19/2018 03/19/18 Price Changed $409,900 -2.4% $117 / Sq Ft
03/01/2018 03/01/18 For Sale $419,900 -- $120 / 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 $7,125 $482,621 -- --
2023 $7,125 $607,300 $165,000 $442,300
2022 $6,386 $521,500 $152,700 $368,800
2021 $5,261 $362,600 $92,500 $270,100
2020 $4,971 $334,100 $85,400 $248,700
2019 $4,404 $295,200 $100,700 $194,500
2018 $4,148 $314,332 $0 $0
2017 $4,069 $303,000 $84,800 $218,200
2016 $4,112 $302,000 $80,900 $221,100
2015 $3,696 $232,900 $77,000 $155,900
2014 $3,371 $182,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4210228

Stellar MLS

APN: 0103-09-0032