NOT LISTED FOR SALE

2740 Coconut Bay Ln Unit 1C Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $108,000 - $114,000

1 Bed
1 Bath
714 Sq Ft
$258/mo HOA Fee

Last Sold August 24, 2012

Last sale price $41,000 $57 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $958/month

Highlights

  • Fitness Center
  • Spa
  • Deck
  • Booker High School Rated A-
  • 9.61 Acre Lot
  • 1-minute walk to Tuttle Walkway Park

About This Home

As of August 2012

Short Sale.Sarasota Palms. Central location close to downtown and I 75. Downstairs condo. Upgraded unit with stainless appliances and tile flooring.Close to walking path. Community pool, tennis, volley ball. Small pets allowed. Short Sale. Full Listing price may not cover all liens and may require approval by sellers lenders.

Last Agent to Sell the Property

Sabrina Fusco-Sullivan

License #3055723 Listed on: 01/20/2012

Last Buyer's Agent

Martha Thompson

CONCORDIA REALTY LLC License #3153134

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $283

Year Built

  • Built in 1974

Lot Details

  • Zero Lot Line

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 714 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Spa
  • Deck
  • Screened Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance repairs, recreational facilities
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$283

Year Built

Built in 1974

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 714
  • Lot Size Acres: 9.61
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 777
  • Lot Size Sq Ft: 418626
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954676&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3954676&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 8333
  • Ratio: Close Price\List Price: 1.01235
  • Price per Sq Ft: 57.42
  • Close to Original List Price Ratio: 1.01235
  • Ratio: Current Price\Building Area Total: 52.77
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity 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, Fitness, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Maintenance, Security, Tennis Court(s)
  • Association Fee: 1
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Condo Fees: 258
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3097
  • Total Monthly Fees: 258.08

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028011079
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Zero Lot Line
  • Millage Rate: 16.51
  • Future Land Use: 0404
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Yes
  • Pet Restrictions: small pets, breed and weight restrictions.
  • Expected Lease Date: 2012-08-24T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 283
  • Tax Block: 3
  • Tax Lot: 313

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Aug 23, 2012
Sold by
Carabali Diane V and Blake Diane V
Bought by
Alba Palms Llc
Seller's Agent
Sabrina Fusco-Sullivan
Buyer's Agent
Martha Thompson
CONCORDIA REALTY LLC
List Price
$41,000
Sold Price
$41,000
Current Estimated Value
$110,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,028
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Sarasota Palms Llc
Bought by
Blake Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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List 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
Alba Palms Llc $41,000 Attorney
Blake Diane $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blake Diane $10,000
Previous Owner Blake Diane $112,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2012 08/24/12 Sold $41,000 0.0% $57 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $41,000 -- $57 / 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 $1,485 $91,301 -- --
2023 $1,485 $95,000 $0 $95,000
2022 $1,419 $91,500 $0 $91,500
2021 $1,236 $68,600 $0 $68,600
2020 $1,191 $66,400 $0 $66,400
2019 $1,123 $64,600 $0 $64,600
2018 $1,087 $65,800 $0 $65,800
2017 $1,022 $46,851 $0 $0
2016 $1,016 $59,000 $0 $59,000
2015 $928 $49,400 $0 $49,400
2014 $889 $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sabrina Fusco-Sullivan

    Section Image

  • M

    Buyer's Agent in 2012

    Martha Thompson

    CONCORDIA REALTY LLC

    (352) 390-7063

    Martha Thompson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3954676

Stellar MLS

APN: 2028-01-1079

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2740 Coconut Bay Ln Unit 1C, Sarasota, FL

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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