NOT LISTED FOR SALE

Estimated Value: $536,382 - $650,000

4 Beds
4 Baths
2,187 Sq Ft
$266/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $295,000 $135 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,646/month

88 Days on Market

Highlights

  • Oak Trees
  • Deck
  • Corner Lot
  • Southside Elementary School Rated A
  • Property is near public transit
  • No HOA

About This Home

As of December 2017

INVESTOR ALERT! Rarely found FULL DUPLEX, 2bdr, 2 full bath + 2bdr, 2 full bath!
This is a well kept-up neighbourhood that is quickly becoming a place where more wealthy families reside. Property values in Southgate have skyrocketed in the last few years, and its close proximity to downtown Sarasota, beaches, and shopping makes it a very desirable place to reside.
This Duplex appraised at $315,000 a month ago and the elderly owner has decided to sell due to poor health.
Large corner lot!
The tenants have vacated the units for easy access and viewing times.
Great Potential for Excellent ROI! Excellent Vacation Rental; Rent it out every 24 hours since no Homeowners Association!
Some cosmetic updating would be a good idea BUT not necessary.

Last Agent to Sell the Property

Filitsa Sterner

NIZZ REALTY INC License #3361744 Listed on: 08/09/2017

Last Buyer's Agent

Filitsa Sterner

NIZZ REALTY INC License #3361744 Listed on: 08/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,439

Year Built

  • Built in 1969

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 103 x 100 x 97 x 105
  • Mature Landscaping
  • Corner Lot
  • Oak Trees

Parking

  • 2 Carport Spaces

Home Design

  • 2,187 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • South Gate Community
  • South Gate Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 88
  • Assessor Parcel Number 0058040039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,439

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Living Area: 2187
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1969
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 10500
  • Directions to Property: Starting from Sarasota Memorial Hospital on US 41. Drive south on 41. Make a left on Hyde Park street. Make a right on Tuttle Ave. Make a left on Bentley street.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044707
  • RATIO Current Price By Calculate: 134.89
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2953
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0134F

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Wall Units / Window Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0058040039
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Near Public Transit
  • Lot Dimensions: 103 x 100 x 97 x 105
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3439
  • Tax Block: 88
  • Tax Book Number: 10-21
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Dec 6, 2017
Sold by
Chmielewski Mark A and Buchner Todd
Bought by
Capgrow Holdings Jv Sub Iii Llc
Seller's Agent
Filitsa Sterner
NIZZ REALTY INC
Buyer's Agent
Filitsa Sterner
NIZZ REALTY INC
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$581,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,596
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Moneyflcom Llc
Bought by
Buchner Lonie and Buchner Nancy

Purchase Details

Closed on
Feb 28, 2008
Sold by
Mailoux Marc and Mailloux Lauri
Bought by
Moneyflcom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,300
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 19, 2007
Sold by
Collins Edward M and Collins Virginia M
Bought by
Mailloux Marc and Mailloux Lauri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,300
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 16, 2000
Sold by
Wilson John C and Wilson Carole A
Bought by
Collins Edward M and Collins Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.83%

Purchase Details

Closed on
May 10, 2000
Sold by
Wietz Wayne R
Bought by
Wilson John C and Wilson Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
8.2%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Capgrow Holdings Jv Sub Iii Llc $295,000 Attorney
Buchner Lonie -- None Available
Moneyflcom Llc $160,000 Attorney
Mailloux Marc $260,000 One Stop Title Agency Inc
Collins Edward M $155,000 --
Wilson John C $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caprow Holdings Jv Sub Iii Llc $15,760,000
Previous Owner Moneyflcom Llc $167,000
Previous Owner Sirois Brian R $98,300
Previous Owner Collins Edward M $60,000
Previous Owner Collins Edward M $130,000
Previous Owner Collins Edward M $110,000
Previous Owner Wilson John C $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Off Market $295,000 -- --
12/07/2017 12/07/17 Sold $295,000 -6.3% $135 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $315,000 +6.8% $144 / Sq Ft
10/19/2017 10/19/17 Off Market $295,000 -- --
08/09/2017 08/09/17 For Sale $315,000 -- $144 / 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 $5,719 $346,260 -- --
2023 $5,719 $464,500 $219,900 $244,600
2022 $5,336 $427,200 $234,900 $192,300
2021 $4,339 $279,300 $145,400 $133,900
2020 $3,943 $236,500 $113,900 $122,600
2019 $3,815 $232,200 $109,400 $122,800
2018 $4,028 $252,100 $112,100 $140,000
2017 $3,522 $192,822 $0 $0
2016 $3,439 $215,600 $94,600 $121,000
2015 $3,076 $170,500 $60,500 $110,000
2014 $2,891 $131,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4193611

Stellar MLS

APN: 0058-04-0039