NOT LISTED FOR SALE

Estimated Value: $308,663 - $427,000

4 Beds
3 Baths
1,509 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $240,000 $159 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,228/month

48 Days on Market

Highlights

  • Guest House
  • Garden View
  • Central Air
  • Englewood Elementary School Rated A-
  • No HOA
  • Level Lot

About This Home

As of August 2020

Old Florida duplex plus versatile outbuilding just a few blocks from Dearborn St. Good rental property or owner occupied. 2/1 and 1/1 plus 950 sq. ft. studio/garage out back. All on a quiet shaded residential street. Zoned CI, . Big lot for privacy and your toys or equipment. Owner has used the studio/garage for a winter home.

Last Agent to Sell the Property

Gregg Rappaport

PARADISE REALTY OF SARASOTA License #0705027 Listed on: 06/02/2020

Last Buyer's Agent

Rebecca White

RIDGE REAL ESTATE ENTERPRISES License #3423402

RIDGE REAL ESTATE ENTERPRISES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,509 Sq Ft Home
  • Wood Burning Fireplace
  • Garden Views

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Rain Gutters
  • Guest House

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Palm Grove Community
  • Palm Grove Resub Subdivision

Building Details

  • Gross Income $20,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,591

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1509
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1953
  • Lot Size Sq Ft: 15000
  • Tenant Pays: Electricity
  • Directions to Property: from 776 south of Dearborn, Maple runs in between W. Cowles and Palm Grove. So turn east toward the waterfront from 776 (S. Indiana Ave) on either W. Cowles or Palm Grove to Maple.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468581?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468581?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02171
  • Price per Sq Ft: 159.05
  • Close to Original List Price Ratio: 1.00042
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 275
  • Number Of Buildings: 2

Exterior Features

  • Other Structures: Guest House
  • Exterior Features: Other, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: CI
  • Parcel Number: 0503100014
  • Additional Parcels: No
  • Lot Features: Level
  • Lot Dimensions: 100x150
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Total Actual Rent: 1725

Multi Family

  • Gross Income: 20700
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2591.48
  • Tax Block: C
  • Tax Book Number: 5-51
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Aug 27, 2020
Sold by
Newman Martin
Bought by
Castillo Maria Gabriela
Seller's Agent
Gregg Rappaport
PARADISE REALTY OF SARASOTA
Buyer's Agent
Rebecca White
RIDGE REAL ESTATE ENTERPRISES
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$357,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,166
Avg. Annual Appreciation
8.19%
Original Mortgage
$235,653
Outstanding Balance
$209,126
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$148,040

Purchase Details

Closed on
Apr 29, 2011
Sold by
Federal National Mortgage Association
Bought by
Newman Martin

Purchase Details

Closed on
Apr 14, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 16, 2010
Sold by
Mierswa Michael G and Mierswa Katherine A
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Sep 17, 2007
Sold by
Mierswa Katherine Ann
Bought by
Mierswa Katherine Ann and Mierswa Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2005
Sold by
Coburn Richard L and Ponsetto Kathy
Bought by
Mierswa Katherine Ann

Purchase Details

Closed on
Jul 23, 2001
Sold by
Coburn Lowell and Coburn Elizabeth
Bought by
Coburn Richard L and Ponsetto Kathy
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
Castillo Maria Gabriela $240,000 New Title Company Name
Newman Martin $64,900 Elst Inter Title
Federal National Mortgage Association -- Watson Title Ins Agency Inc
Suntrust Mortgage Inc -- None Available
Mierswa Katherine Ann -- Attorney
Mierswa Katherine Ann $210,000 Kuhlman Title Sarasota Lllp
Coburn Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Maria Gabriela $235,653
Previous Owner Mierswa Michael G $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $240,000 +2.2% $159 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $234,900 -2.1% $156 / Sq Ft
06/05/2020 06/05/20 For Sale $239,900 0.0% $159 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $239,900 -- $159 / 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 $3,904 $258,900 $116,400 $142,500
2023 $3,904 $299,408 $0 $0
2022 $3,567 $262,200 $118,300 $143,900
2021 $3,729 $240,000 $94,600 $145,400
2020 $2,774 $205,400 $82,800 $122,600
2019 $2,591 $196,300 $82,800 $113,500
2018 $2,393 $181,100 $82,800 $98,300
2017 $2,418 $105,489 $0 $0
2016 $2,244 $145,700 $78,800 $66,900
2015 $2,130 $132,200 $78,800 $53,400
2014 $1,714 $72,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4468581

Stellar MLS

APN: 0503-10-0014