NOT LISTED FOR SALE

Estimated Value: $254,000 - $272,000

2 Beds
2 Baths
863 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $162,000 $188 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,600/month

2 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • Riverview High School Rated A
  • Shed
  • Heating Available

About This Home

As of March 2019

Multiple Offers. Take advantage of this great investment opportunity in South Sarasota. This affordable duplex has great rental history with a lot of potential. It is a legal duplex with separate electric meters, the roof was replaced in 2013 and has been repiped. The excellent income property is located on a quiet street in a great location just minutes to the South Bridge and Siesta Key's sandy beaches. Live on one side and rent out the other! Don't think twice or this great investment might be gone. Call for a showing today!

Last Agent to Sell the Property

Wade Ongstad

PREFERRED SHORE LLC License #3290935 Listed on: 01/28/2019

PREFERRED SHORE LLC

Last Buyer's Agent

Joseph Spenia

MICHAEL SAUNDERS & COMPANY License #3346586

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1950

Lot Details

  • 5,950 Sq Ft Lot
  • Lot Dimensions are 118 x 48
  • Level Lot

Home Design

  • 863 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Shed

Schools

  • Wilkinson Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Septic Tank
  • Private Sewer

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Allstates Park Community
  • All States Park Subdivision

Building Details

  • Gross Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,570

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 863
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 5950
  • Directions to Property: From Ashton Rd and Swift Rd, go East on Ashton Rd, property is on the Left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425525&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425525&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.01887
  • Price per Sq Ft: 187.72
  • Close to Original List Price Ratio: 1.01887
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3131
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0144F

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Private, Public, Sewer Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Schools

  • Elementary School: Wilkinson Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0087140008
  • Additional Parcels: No
  • Lot Features: In County, Level, Sidewalk
  • Lot Dimensions: 118 x 48
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 13500
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1570
  • Tax Block: E
  • Tax Book Number: 2-2
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 1, 2019
Sold by
Tesar Gary L and Tesar Terri D
Bought by
Spenia Joseph
Seller's Agent
Wade Ongstad
PREFERRED SHORE LLC
Buyer's Agent
Joseph Spenia
MICHAEL SAUNDERS & COMPANY
List Price
$159,000
Sold Price
$162,000
Premium/Discount to List
$3,000
1.89%
Current Estimated Value
$264,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,512
Avg. Annual Appreciation
7.69%
Original Mortgage
$159,065
Outstanding Balance
$140,127
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$124,385

Purchase Details

Closed on
Mar 15, 2005
Sold by
Toms George L and Toms Patricia R
Bought by
Tesar Gary L and Tesar Terri D

Purchase Details

Closed on
Dec 21, 2001
Sold by
Kineen Gerard R
Bought by
Toms George L and Toms Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.49%
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
Spenia Joseph $162,000 Msc Title Inc
Tesar Gary L -- Southwest Florida Title Serv
Tesar Gary L $196,000 Southwest Florida Title Serv
Toms George L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spenia Joseph $159,065
Previous Owner Toms George L $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $162,000 +1.9% $188 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $159,000 -- $184 / 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 $2,369 $164,943 -- --
2023 $2,369 $177,799 $0 $0
2022 $2,081 $143,957 $0 $0
2021 $1,962 $120,066 $0 $0
2020 $1,865 $111,338 $0 $0
2019 $2,083 $119,800 $53,800 $66,000
2018 $1,570 $93,100 $48,900 $44,200
2017 $1,476 $74,872 $0 $0
2016 $1,372 $70,600 $30,700 $39,900
2015 $1,318 $64,900 $27,900 $37,000
2014 $1,311 $50,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425525

Stellar MLS

APN: 0087-14-0008