NOT LISTED FOR SALE

Estimated Value: $684,000 - $778,000

5 Beds
5 Baths
3,589 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $645,000 $180 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,079/month

27 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • No HOA
  • Riverview High School Rated A
  • Corner Lot
  • Den

About This Home

As of September 2021

LOCATION, LOCATION, LOCATION!!! This INCOME property is located minutes from world famous Siesta Beach and Gulf Gate Village with easy access to I-75. It has four units...a single family home and a triplex. All units are currently rented with long term tenants. The single family home is a two bedroom, two bath with office/den and private laundry and a large one car garage, plus plenty of parking and a fenced back yard. The 3 units in the triplex are each large one bedroom, one bath with eat-in kitchens, and a living room. Two units have an additional office/den and screened back porches. A quaint meandering walkway connects each of the triplex unit's back door with a community laundry shared by the triplex tenants. Each unit has their own electric meter, with a 5th electric meter and panel for the owner. Water is supplied by a very desirable 180’ deep concrete-encased public service well owned by the property. County water is also available at the street. The property is connected to county sewer. There is an additional older fully functional well on the property that could be used for irrigation. This property would be a great Airbnb/VRBO/Seasonal rental and is historically 100% rented annually with a waiting list of potential renters. Buildings are well maintained, with recently painted exteriors, a new roof on the single family home in 2018 and the triplex received a new roof in 2014.

Last Agent to Sell the Property

Scotty Ledford

VUE REALTY, LLC License #3089898 Listed on: 07/18/2021

Last Buyer's Agent

Patrick Bucko

MACHADO PROPERTY PROS License #3315272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 1954

Lot Details

  • 15,204 Sq Ft Lot
  • Lot Dimensions are 131x115x131x116
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,589 Sq Ft Home
  • Window Treatments
  • Den
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in Hall
  • Laundry Located Outside

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3,589 Sq Ft Building
  • Sarasota Venice Co Sub Community
  • Sarasota Venice Co River Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $44,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,998

Year Built

Built in 1954

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 3589
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 3589
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 15204
  • Tenant Pays: Electricity
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4506595?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4506595?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 28
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92275
  • Price per Sq Ft: 179.72
  • Close to Original List Price Ratio: 0.92275
  • Ratio: Current Price\Building Area Total: 179.72
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Eating Space In Kitchen, Master Bedroom Main Floor, Thermostat, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Levels: One
  • Spa Yn: No
  • Additional Rooms: Den/Library/Office
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0144F
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access, Outside
  • Sewer: Public Sewer
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0085090047
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 131x115x131x116
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3745
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: No HOA restrictions. Up to the landlord regarding pet policy. Only the Single Family Home tenants have a small dog.
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 44940
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4997.92
  • Tax Block: 1
  • Tax Book Number: A-12
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Sep 14, 2021
Sold by
Moran Mark A and Moran Jamie Nagle
Bought by
Pen Produce Inc
Seller's Agent
Scotty Ledford
VUE REALTY, LLC
Buyer's Agent
Patrick Bucko
MACHADO PROPERTY PROS
List Price
$699,000
Sold Price
$645,000
Premium/Discount to List
-$54,000
-7.73%
Current Estimated Value
$728,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,245
Avg. Annual Appreciation
2.72%

Purchase Details

Closed on
Jun 12, 2004
Sold by
Davidheiser Robert G
Bought by
Moran Mark A and Nagle Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1993
Sold by
Roberts Earl A
Bought by
Davidheiser Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pen Produce Inc $645,000 Attorney
Moran Mark A $259,900 --
Davidheiser Robert G $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moran Mark A $194,925
Previous Owner Davidheiser Robert G $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $645,000 -7.7% $180 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $699,000 0.0% $195 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $699,000 -- $195 / Sq Ft
Source: Stellar MLS

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
2025 $2,242 $586,900 $232,800 $354,100
2024 $2,302 $591,000 $199,200 $391,800
2023 $8,783 $590,700 $230,900 $359,800
2022 $8,074 $524,300 $160,900 $363,400
2021 $5,128 $262,000 $101,400 $160,600
2020 $4,998 $261,000 $107,400 $153,600
2019 $4,704 $256,100 $85,500 $170,600
2018 $3,937 $242,100 $81,300 $160,800
2017 $3,813 $173,675 $0 $0
2016 $3,310 $183,800 $60,200 $123,600
2015 $3,260 $179,300 $43,200 $136,100
2014 $2,883 $112,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4506595

Stellar MLS

APN: 0085-09-0047

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