NOT LISTED FOR SALE

2518 Wells Ave Sarasota, FL 34232

Estimated Value: $435,000 - $484,096

3 Beds
2.5 Baths
1,897 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 10, 2022

Last sale price $470,000 $248 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,937/month

258 Days on Market

Highlights

  • Private Pool
  • Custom Home
  • Separate Formal Living Room
  • Sarasota High School Rated A-
  • Wood Flooring
  • Bonus Room

About This Home

As of October 2022

Don't let this one get away * Location, location, location * A-RATED SCHOOLS * Close to every amenity in Sarasota * NO DEED RESTRICTIONS * 140 x 106 Lot * TWO LOTS PUT TOGETHER TO FORM ONE LARGE LOT * Detached Garage may hold 4+ cars * ALSO a 25 x 25 Bonus Room between Garages with 10ft ceilings * On the other lot is a CUSTOM HOME * Lots may be able to be divided again, if needed * Main house features 3 Bedrooms & 2.5 Baths * Family Room with Fireplace* Separate Living Room * Zoned A/C approximately 4 years young * NEW Roof (2019) * Large Primary Suite * 3rd Bedroom does not have a closet * NEWER Chef's Kitchen is beautiful with solid wood cabinets & granite counter-tops plus a center island * POOL is a very private setting * Pool refinished 3 years ago * A-RATED SCHOOL DISTRICT * Short drive to Siesta Key Beach or UTC Mall * Close to shopping & hospitals * GREAT WINTER GETAWAY BUT ALSO PERFECT FOR FULL-TIME LIVING * One look & you'll fall in love with this ONE OF A KIND CUSTOM HOME * REALTORS: SEE ATTACHED REALTOR SHEET IN MLS

Last Agent to Sell the Property

Glenn Brown

RE/MAX ALLIANCE GROUP License #0567385 Listed on: 12/07/2021

RE/MAX ALLIANCE GROUP

Co-Listed By

Ryan Brown

RE/MAX ALLIANCE GROUP License #3273843

Last Buyer's Agent

Kevin Roger

REAL BROKER, LLC License #3461177

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1950

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 140x106
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Property is zoned RSF3

Parking

  • 4 Car Garage
  • Split Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,897 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Separate Formal Living Room
  • Bonus Room
  • Inside Utility
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Brentwood Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sarasota Springs Community
  • Sarasota Springs Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,564

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 1897
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 15120
  • Directions to Property: WEBBER EAST OF MCINTOSH; LEFT ON WELLS AVE TO YOUR NEW HOME.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514602?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4514602?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98947
  • Price per Sq Ft: 247.76
  • Close to Original List Price Ratio: 0.94949
  • View: No
  • Co List Office Mls Id: 281518938
  • Co List Office Phone: 941-954-5454
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 2518
  • Room Count: 9
  • Additional Rooms: Bonus Room, Family Room, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Workshop
  • Exterior Features: Other
  • Roof: Membrane, Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized, Split Garage
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: Brentwood Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0060090002
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Lot Dimensions: 140x106
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Approval Process: BUYER/BUYER AGENT TO VERIFY PER COUNTY
  • Pet Restrictions: BUYER/BUYER AGENT TO VERIFY PER COUNTY
  • Additional Lease Restrictions: BUYER/BUYER AGENT TO VERIFY PER COUNTY

Tax Info

  • Tax Annual Amount: 2563.86
  • Tax Book Number: 8-21
  • Tax Lot: 551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Sep 26, 2022
Sold by
Mallett Robert E
Bought by
Jax Miami Llc
Seller's Agent
Glenn Brown
RE/MAX ALLIANCE GROUP
Buyer's Agent
Kevin Roger
REAL BROKER, LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
7
Current Estimated Value
$463,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,476
Avg. Annual Appreciation
-0.55%
Original Mortgage
$329,000
Outstanding Balance
$317,548
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$144,948

Purchase Details

Closed on
Nov 19, 2014
Sold by
Mallett Robert E and Mallett Nidia Otero
Bought by
Mallett Robert E

Purchase Details

Closed on
Sep 10, 2007
Sold by
Mallett Robert E and Mallett Nidia Otero
Bought by
Mallett Robert E and Mallett Nidia Otero

Purchase Details

Closed on
Jan 5, 1996
Sold by
Mallett Elizabeth K
Bought by
Mallett Robert E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jax Miami Llc $470,000 Old Florida Title
Mallett Robert E -- Attorney
Mallett Robert E -- Attorney
Mallett Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jax Miami Llc $329,000
Previous Owner Mallett Robert E $268,000
Previous Owner Mallett Robert E $95,000
Previous Owner Mallett Robert E $150,000
Previous Owner Mallett Robert E $74,100
Previous Owner Mallett Robert E $115,000
Previous Owner Mallett Robert E $15,000
Previous Owner Mallett Robert E $117,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Sold $470,000 -1.1% $248 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $475,000 0.0% $250 / Sq Ft
08/17/2022 08/17/22 For Sale $475,000 +1.1% $250 / Sq Ft
12/20/2021 12/20/21 Off Market $470,000 -- --
12/07/2021 12/07/21 For Sale $495,000 -- $261 / 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 $5,166 $366,100 $156,100 $210,000
2023 $5,166 $371,400 $138,000 $233,400
2022 $2,601 $191,399 $0 $0
2021 $2,564 $185,824 $0 $0
2020 $2,556 $183,258 $0 $0
2019 $2,237 $161,054 $0 $0
2018 $2,182 $158,051 $0 $0
2017 $2,175 $154,800 $0 $0
2016 $2,263 $197,300 $51,300 $146,000
2015 $2,292 $186,800 $49,400 $137,400
2014 $2,283 $147,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4514602

Stellar MLS

APN: 0060-09-0002