NOT LISTED FOR SALE

2740 Coconut Bay Ln Unit 1L (318) Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $108,481 - $126,000

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

Last Sold February 17, 2017

Last sale price $75,000 $105 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $996/month

9 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • 10 Acre Lot
  • Booker High School Rated A-
  • Gated Community
  • 1-minute walk to Tuttle Walkway Park

About This Home

As of February 2017

Fabulous first floor unit across from the clubhouse with a pool view. Sarasota Palms is a gated community with many amenities including tennis courts, a dog run, picnic area, volleyball sand pit, a huge welcoming pool, and a newly remodeled clubhouse with state of the art fitness center, billiards room, theater, saunas, and a business center.

Last Agent to Sell the Property

Bruce Thompson

CONCORDIA REALTY LLC License #3265178 Listed on: 01/26/2017

Last Buyer's Agent

Bruce Thompson

CONCORDIA REALTY LLC License #3265178 Listed on: 01/26/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $975

Year Built

  • Built in 1974

Lot Details

  • North Facing Home
  • Dog Run
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 714 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Pool Views
  • Washer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • Property is near public transit

Schools

  • Tuttle Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, internet, maintenance structure, ground maintenance, management, pest control, recreational facilities, trash
  • Sarasota Palms Community
  • Sarasota Palms Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 45 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$975

Year Built

Built in 1974

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • HOA Fee Includes: Pool, Internet, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 714
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 777
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 105.04
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Amenities Additional Fees: Clubhouse entry card $25.00
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One, Three Or More
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Kennel/Dog Run
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Dog Run, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Gated, Laundry, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Dogs and cats allowed. Only one dog per unit.
  • Association Fee Requirement: None
  • Condo Fees: 258
  • Condo Land Included YN: 0
  • Max Pet Weight: 45
  • Monthly Condo Fee Amount: 258
  • Pet Size: Small (16-35 Lbs.)

Schools

  • Elementary School: Tuttle Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF5
  • Parcel Number: 2028-01-1084
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Paved, Zero Lot Line
  • Lot Dimensions: NA
  • Flood Zone Code: X AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Association approval required.

Multi Family

  • Number Of Units Total: 1
  • Approval Process: Application Fee $100 for each adult.

Tax Info

  • Tax Annual Amount: 975
  • Tax Block: 0/0
  • Tax Book Number: 37/26
  • Tax Lot: 318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 14, 2017
Sold by
Jacob Kathleen
Bought by
Alba Palms Llc
Seller's Agent
Bruce Thompson
CONCORDIA REALTY LLC
Buyer's Agent
Bruce Thompson
CONCORDIA REALTY LLC
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%
Current Estimated Value
$117,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,370
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Jan 27, 2009
Sold by
Emc Mortgage Corporation
Bought by
Jacob Kathleen and Jacob Alexander

Purchase Details

Closed on
Aug 7, 2008
Sold by
Dunne James
Bought by
Emc Mortgage Corp

Purchase Details

Closed on
Sep 27, 2005
Sold by
Sarasota Palms Llc
Bought by
Dunne James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,150
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Alba Palms Llc $75,000 Florida Abstarct & Security
Jacob Kathleen $42,000 Sunbelt Title Agency
Emc Mortgage Corp -- Attorney
Dunne James $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunne James $115,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $75,000 -- --
02/17/2017 02/17/17 Sold $75,000 -28.6% $105 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $105,000 -- $147 / 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 $91,307 -- --
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 $1,227 $66,400 $0 $66,400
2019 $1,194 $64,600 $0 $64,600
2018 $1,218 $66,000 $0 $66,000
2017 $1,023 $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

  • Bruce Thompson

    Seller's Agent in 2017

    Bruce Thompson

    CONCORDIA REALTY LLC

    (850) 573-2063

    23 in this area

    114 Total Sales

    Bruce Thompson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4175975

Stellar MLS

APN: 2028-01-1084

Florida Sarasota County Sarasota 34237 Downtown Sarasota

2740 Coconut Bay Ln Unit 1L (318), 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

Nearby Homes