NOT LISTED FOR SALE

2634 Dr Martin Luther King Way Unit J Sarasota, FL 34234

Downtown Sarasota Neighborhood

Estimated Value: $227,000 - $286,000

2 Beds
1.5 Baths
1,427 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $135,000 $95 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,601/month

5 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Sarasota High School Rated A-
  • Walk-In Closet
  • Central Air

About This Home

As of July 2019

Newly renovated and featuring 2 bedrooms and 1.5 bathroom conveniently located South of the University corridor in Sarasota, this two-story attached home offers a very spacious floor plan with a large living room in the first floor that connects with the open-style kitchen, glass doors from the living room lead to the open air porch and half bathroom in the first floor for guest convenience. All bedrooms & full bathroom are located on the second floor with a Master bedroom offering two walk-in closets. Short distance to the University Town Center Mall and Benderson Park. Easy access to downtown Sarasota, beaches and shopping. This home is priced to sell.

Last Agent to Sell the Property

Ashley Simonelli

THE SIMONELLI REALESTATE GROUP License #3231500 Listed on: 05/30/2019

Last Buyer's Agent

Krissy Haines

KELLER WILLIAMS ON THE WATER S License #3432714

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,691

Year Built

  • Built in 2005

Lot Details

  • 3,080 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,427 Sq Ft Home
  • Ceiling Fan

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Utilities

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

Community Details

  • No Home Owners Association
  • Lenray Heights Community
  • Lenray Heights Resub Subdivision

Listing and Financial Details

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,691

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 1427
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 3080
  • Directions to Property: Just west of Tuttle on Dr MLK Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7416306?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7416306?w=Customer
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.03926
  • Price per Sq Ft: 94.6
  • Close to Original List Price Ratio: 1.03926
  • View: No
  • Ownership: Co-op
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 2634
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0132F

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0043010094
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1691
  • Tax Block: H
  • Tax Book Number: 5-53
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Jul 15, 2019
Sold by
Empire Dawn Llc
Bought by
Mateo Yoel Brito and Delesus Laritza Michel
Seller's Agent
Ashley Simonelli
THE SIMONELLI REALESTATE GROUP
Buyer's Agent
Krissy Haines
KELLER WILLIAMS ON THE WATER S
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$257,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,735
Avg. Annual Appreciation
11.21%
Original Mortgage
$132,554
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2019
Sold by
Golex Properties Llc
Bought by
Empire Dawn Llc

Purchase Details

Closed on
Feb 19, 2019
Sold by
Wells Fargo Bank Na
Bought by
Golez Properties Llc

Purchase Details

Closed on
Oct 13, 2006
Sold by
Grimes James E
Bought by
Garcia Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2005
Sold by
Kleppinger Homes Inc
Bought by
Grimes James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Mateo Yoel Brito $135,000 Giannell Title Llc
Empire Dawn Llc $80,000 Mellinger Title Services Llc
Golez Properties Llc $75,000 Servicelink Llc
Garcia Noe $175,000 None Available
Grimes James E $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mateo Yoel Brito $132,554
Previous Owner Garcia Noe $35,000
Previous Owner Garcia Noe $140,000
Previous Owner Grimes James E $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $135,000 +3.9% $95 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $129,900 -- $91 / 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 $2,817 $178,209 -- --
2023 $2,817 $229,500 $37,000 $192,500
2022 $2,544 $202,600 $25,500 $177,100
2021 $1,985 $123,800 $15,800 $108,000
2020 $2,024 $126,300 $25,100 $101,200
2019 $2,142 $139,000 $24,300 $114,700
2018 $1,691 $111,200 $23,200 $88,000
2017 $1,642 $87,261 $0 $0
2016 $1,478 $89,000 $4,700 $84,300
2015 $1,363 $74,600 $4,200 $70,400
2014 $1,312 $59,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7416306

Stellar MLS

APN: 0043-01-0094