NOT LISTED FOR SALE

261 Cosmopolitan Ct Sarasota, FL 34236

Downtown Sarasota Neighborhood

Estimated Value: $1,025,000 - $1,296,000

3 Beds
3.5 Baths
2,630 Sq Ft
$459/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $865,000 $329 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,595/month

331 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • End Unit
  • Southside Elementary School Rated A
  • Bonus Room
  • 5-minute walk to Charles Ringling Park

About This Home

As of June 2019

Move right in. Live on multiple levels downtown. This ultra-modern three-level, end-unit townhouse with two-car garage and private elevator boasts three bedrooms, three-and-a-half baths along with 2 bonus rooms. It offers stylish urban living and upgraded features throughout. This unique residence includes Miami-Dade impact-rated windows and doors, Italian kitchen and bath cabinetry, Bosch appliances with natural gas cooktop, Caesarstone quartz countertops and German Hansgrohe faucets. You'll also discover 8-foot solid core, African Rosewood interior doors, volume ceilings, a stylish freestanding soaking tub, spacious showers and large closets. There are upgraded porcelain tile and dark hardwood flooring, multiple terraces, a tankless hot water system and plenty of natural light cascading throughout every room. Because the townhouse is titled as fee simple ownership, you'll own the land your residence is built upon and the monthly fees are some of the lowest downtown at only $273 per month. This home is perfect for entertaining or just relaxing; whether you're a full-time or seasonal resident. No car is needed to get to fine restaurants, specialty stores, banks and movie theaters, plus you're close to Whole Foods Market, the downtown Sarasota waterfront, white sand beaches and the theatrical arts. Make an appointment to visit this artfully appointed unit.

Last Agent to Sell the Property

Thomas Netzel

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3237935 Listed on: 06/12/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Allen Hovis

PREFERRED SHORE LLC License #3181698

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 2016

Lot Details

  • 1,395 Sq Ft Lot
  • End Unit

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 2,630 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Roof

Outdoor Features

  • Balcony

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control
  • Progressive Community Management Association
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Additional Features

  • Fire Sprinkler System
  • Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,882

Year Built

Built in 2016

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Brick, Siding, Stucco
  • Fireplace: No
  • Living Area: 2630
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 3392
  • Lot Size Sq Ft: 1395
  • Directions to Property: Located in downtown Sarasota on the South side of Ringling Blvd., between Osprey Avenue and Orange Avenue.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405581&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405581&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.93514
  • Price per Sq Ft: 328.9
  • Close to Original List Price Ratio: 0.87817
  • Ratio: Current Price\Building Area Total: 255.01
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 261
  • Room Count: 8
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Maintenance
  • Association Fee: 273
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Community Management
  • Phone: Elise Angeloro
  • Association: Yes
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3276
  • Monthly HOA Fee: 273
  • Total Monthly Fees: 273

Schools

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

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027070130
  • Additional Parcels: No
  • Millage Rate: 16.38
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Roof, Windows

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Pet Restrictions: 2 small pets up to 35 lbs each or 1 pet no more than 100lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease period 3 months, twice a year.

Tax Info

  • Tax Annual Amount: 6882
  • Tax Block: 1
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jun 14, 2019
Sold by
Charles B Linton Revocable Trust
Bought by
Akins Mira
Seller's Agent
Thomas Netzel
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Allen Hovis
PREFERRED SHORE LLC
List Price
$985,000
Sold Price
$865,000
Premium/Discount to List
-$120,000
-12.18%
Current Estimated Value
$1,207,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,291
Avg. Annual Appreciation
6.62%
Original Mortgage
$465,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2016
Sold by
Vincent Linda and Linda Vincent Trust
Bought by
Linton Charles B and Charles B Linton Revocable Tru

Purchase Details

Closed on
Aug 1, 2016
Sold by
Jecbco Ventures Inc
Bought by
Vincent Linda and The Linda Vincent Trust
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
Akins Mira $865,000 Attorney
Linton Charles B $870,000 None Available
Vincent Linda $796,495 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akins Mira $474,000
Closed Akins Mira $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $865,000 -6.5% $329 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
11/28/2018 11/28/18 Price Changed $925,000 -6.1% $352 / Sq Ft
06/12/2018 06/12/18 For Sale $985,000 -- $375 / 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 $9,066 $649,857 -- --
2023 $9,066 $630,929 $0 $0
2022 $8,884 $612,552 $0 $0
2021 $8,911 $594,711 $0 $0
2020 $9,011 $586,500 $150,500 $436,000
2019 $6,999 $460,880 $0 $0
2018 $6,882 $452,287 $0 $0
2017 $6,800 $442,984 $0 $0
2016 $2,103 $126,300 $126,300 $0
2015 $1,984 $116,400 $116,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Netzel

    Seller's Agent in 2019

    Thomas Netzel

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 539-0633

    23 in this area

    104 Total Sales

    Thomas Netzel
    Section Image
  • Allen Hovis

    Buyer's Agent in 2019

    Allen Hovis

    PREFERRED SHORE LLC

    (813) 500-1424

    2 in this area

    14 Total Sales

    Allen Hovis
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4405581

Stellar MLS

APN: 2027-07-0130

Florida Sarasota County Sarasota 34236 Downtown Sarasota

261 Cosmopolitan Ct, Sarasota, FL

This home is located at 261 Cosmopolitan Ct, Sarasota, FL 34236 since 12 June 2018 and is currently estimated at $1,207,291, approximately $459 per square foot. This property was built in 2016. 261 Cosmopolitan Ct is a home located in Sarasota County with nearby schools including Southside Elementary School, Booker Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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