NOT LISTED FOR SALE

Estimated Value: $460,000 - $565,000

3 Beds
2 Baths
1,508 Sq Ft
$357/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $360,000 $239 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,387/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Community Pool
  • Walk-In Closet
  • Southside Elementary School Rated A
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of June 2021

In the popular, trendy community of South Gate, this updated 3-bedroom, 2-bath home offers easy access to downtown Sarasota, beaches, and I75. Split floor plan with the primary bedroom offering an ensuite bathroom and walk-in closet. The living room includes a fireplace, and the home has large 18” square floor tiles throughout which offers easy care and cleaning. Adjacent to the dining room is a bonus room that is a great flex space for an office or a family room. Plenty of storage including closets, and a large utility room. The large backyard is a blank slate ready for you to create lush landscaping or gardens and has ample room for the addition of a pool. Or join the South Gate Community Center to enjoy their clubhouse, park, a park, kayak launch into Philippi Creek, and pool for a small yearly fee. Updates in 2016 include new tile throughout, whole house redrain/plumb, new water heater, new AC, new 200 AMP service panel. No mandatory HOA or CDD fees. Any & All Offers will be reviewed Sunday evening June 6. PHOTOS were taken when previous tenant was in place.

Last Agent to Sell the Property

Diana Michel

COLDWELL BANKER REALTY License #0679103 Listed on: 06/03/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Diana Michel

COLDWELL BANKER REALTY License #0679103 Listed on: 06/03/2021

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1957

Lot Details

  • 10,408 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Land Lease expires 6/30/21
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,508 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Verify Information & Cost With Association, Phone Number (941) 955-4597
  • South Gate Community
  • South Gate Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,052

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Stucco, Wood Siding
  • Fireplace: Yes
  • Living Area: 1508
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2068
  • Lot Size Sq Ft: 10408
  • Directions to Property: Shade Ave to east on Grove Street. Home will be on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502916?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4502916?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90226
  • Price per Sq Ft: 238.73
  • Close to Original List Price Ratio: 0.90226
  • Ratio: Current Price\Building Area Total: 174.08
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 2523
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0142F
  • Disclosures: Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Other, Pool
  • Association Name: Verify information & cost with Association
  • Phone: 941-955-4597
  • Association: Yes
  • Senior Community: No
  • Association Email: President@southgatefl.com
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0056150053
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2021-06-30

Rental Info

  • Minimum Lease: 1 Week
  • Pet Restrictions: Verify pet restrictions with Sarasota County.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify lease restriction with Sarasota County.

Tax Info

  • Tax Annual Amount: 3052
  • Tax Block: 45
  • Tax Book Number: 2698-1295
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Swift Ian R and Swift Holly D
Bought by
Srq5 Llc
Current Estimated Value
$538,592

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jun 21, 2021
Sold by
Arnesen Tena and Tena Arnesen Living Trust
Bought by
Twentynine Investment Llc
Seller's Agent
Diana Michel
COLDWELL BANKER REALTY
Buyer's Agent
Diana Michel
COLDWELL BANKER REALTY
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Mar 24, 2017
Sold by
Arnesen Tena
Bought by
Arnesen Tena and Tena Arnesen Living Trust

Purchase Details

Closed on
Mar 1, 2017
Bought by
Tena Arnesen Living Trust

Purchase Details

Closed on
Apr 25, 2016
Sold by
U S Bank National Association
Bought by
Amesen Tena

Purchase Details

Closed on
Apr 1, 2016
Bought by
Tena Arnesen Living Trust

Purchase Details

Closed on
Jan 20, 2016
Sold by
Singh Nischal Sandeep
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 1, 2016
Bought by
Tena Arnesen Living Trust

Purchase Details

Closed on
Nov 17, 2004
Sold by
Valente Tina M and Kanellos Stephanie
Bought by
Singh Nischal Sandeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,240
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Ferris Patricia
Bought by
Valente Tina M and Kanellos Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1999
Sold by
Chillano Raymond J and Davis Mary Ann
Bought by
Ferris Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Srq5 Llc $472,000 --
Twentynine Investment Llc $360,000 Attorney
Arnesen Tena -- Attorney
Tena Arnesen Living Trust $100 --
Amesen Tena $186,689 Premium Title Services Inc
Tena Arnesen Living Trust $186,700 --
U S Bank National Association $4,005 None Available
Tena Arnesen Living Trust $4,100 --
Singh Nischal Sandeep $267,800 First American Title Ins Co
Valente Tina M $180,000 --
Ferris Patricia $59,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Nischal Sandeep $313,500
Previous Owner Singh Nischal S $79,000
Previous Owner Singh Nischal Sandeep $214,240
Previous Owner Valente Tina M $171,000
Previous Owner Ferris Patricia $77,000
Closed Singh Nischal Sandeep $53,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $360,000 -9.8% $239 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $399,000 -- $265 / 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 $5,496 $450,890 -- --
2023 $5,496 $409,900 $146,300 $263,600
2022 $4,885 $358,400 $226,100 $132,300
2021 $3,501 $248,100 $173,300 $74,800
2020 $3,052 $192,900 $141,400 $51,500
2019 $2,903 $184,200 $130,500 $53,700
2018 $3,202 $209,000 $141,600 $67,400
2017 $3,112 $198,600 $111,200 $87,400
2016 $3,031 $199,600 $109,100 $90,500
2015 $2,704 $159,900 $69,300 $90,600
2014 $1,659 $115,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4502916

Stellar MLS

APN: 0056-15-0053