NOT LISTED FOR SALE

Estimated Value: $393,000 - $538,000

2 Beds
2 Baths
1,438 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $300,000 $209 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,646/month

23 Days on Market

Highlights

  • View of Trees or Woods
  • Midcentury Modern Architecture
  • Sun or Florida Room
  • Brookside Middle School Rated A-
  • Property is near public transit
  • Corner Lot

About This Home

As of September 2021

Take a step back in time and feast your eyes on his charming, mid-century modern two-bedroom, two-bath home with a two-car garage in the popular subdivision of South Gate. Featuring terrazzo floors and a large, corner canal front lot, this residence has had only one owner! The view out the back of the home offers wooded privacy. Membership in the South Gate Community Association is optional, and includes a community center and pool. Southgate is located in the heart of Sarasota and is proximate to dining, shopping, schools, recreational facilities, medical facilities the downtown area and world-renowned Siesta Key beach.

Last Agent to Sell the Property

Susan Elkins

COMPASS FLORIDA LLC License #3339908 Listed on: 07/30/2021

COMPASS FLORIDA LLC

Co-Listed By

Priscilla Adams

COMPASS FLORIDA LLC License #3335727

Last Buyer's Agent

Marlin Yoder

HARRY ROBBINS ASSOC INC License #3393617

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x116
  • South Facing Home
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Canal

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Sun or Florida Room
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Wilkinson Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include recreational facilities
  • South Gate Community Association, Phone Number (941) 955-4597
  • Visit Association Website
  • Southgate Community
  • South Gate Unit 17 Subdivision
  • Leased Association Recreation
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1962

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern, Ranch
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1438
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2324
  • Lot Size Sq Ft: 11639
  • Directions to Property: Take Lockwood Ridge Rd. north off of Bee Ridge Rd. Take a left onto Homasassa Rd. and the home is the first one on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4508215?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4508215?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Subdivision Num: 1471
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1.11111
  • Price per Sq Ft: 208.62
  • Close to Original List Price Ratio: 1.11111
  • Ratio: Current Price\Building Area Total: 129.09
  • View: Yes
  • Co List Office Mls Id: 281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum, Terrazzo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 3149
  • Room Count: 6
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Road Surface Type: Paved, Concrete
  • Water View: Canal
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0142F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Deed Restrictions, Pool
  • Association Amenities: Optional Additional Fees, Recreation Facilities
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association Name: South Gate Community Association
  • Phone: 941-955-4597
  • Association: Yes
  • Senior Community: No
  • Association Website: www.southgatefl.com
  • Condo Land Included Y N: No
  • Amenities Additional Fees: Pool
  • Complex Community Name NCCB: SOUTH GATE
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 75
  • Monthly HOA Fee: 6.25
  • Total Monthly Fees: 6.25

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0059110024
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Level, Near Golf Course, Near Public Transit
  • Lot Dimensions: 100x116
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Pet Restrictions: Sarasota County Code Enforcement: Dogs and cats must remain within the owner’s property, either fenced in or on a leash & pets are prohibited from making objectionable noises for any length of time.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Sarasota County Rental Code: Dwelling units may be rented as a whole and for periods of greater than 30 days provided that a dwelling unit shall not be rented more than once every 30 days.

Tax Info

  • Tax Annual Amount: 1352.86
  • Tax Block: 64
  • Tax Book Number: 10-101
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 15, 2021
Sold by
Hofstetter Alleen P and Francis X Pinto Revocable Trus
Bought by
Hughes Clifton A and Hughes Ladonna Faye
Seller's Agent
Susan Elkins
COMPASS FLORIDA LLC
Buyer's Agent
Marlin Yoder
HARRY ROBBINS ASSOC INC
List Price
$270,000
Sold Price
$300,000
Premium/Discount to List
$30,000
11.11%
Current Estimated Value
$439,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,792
Avg. Annual Appreciation
9.78%

Purchase Details

Closed on
Sep 25, 2020
Sold by
Pinto Francis X
Bought by
Pinto Francis X and Pinto Francis X
Source: Public Records

Range of Values:

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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
Hughes Clifton A $300,000 Attorney
Pinto Francis X -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $300,000 0.0% $209 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/20/2021 08/20/21 Off Market $300,000 -- --
08/20/2021 08/20/21 For Sale $270,000 -10.0% $188 / Sq Ft
07/31/2021 07/31/21 Off Market $300,000 -- --
07/30/2021 07/30/21 For Sale $270,000 -- $188 / 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 $3,779 $321,257 -- --
2023 $3,779 $311,900 $147,300 $164,600
2022 $3,414 $246,000 $155,100 $90,900
2021 $3,242 $222,800 $112,400 $110,400
2020 $1,353 $106,461 $0 $0
2019 $1,286 $104,067 $0 $0
2018 $1,238 $102,127 $0 $0
2017 $1,227 $100,026 $0 $0
2016 $1,206 $193,200 $103,200 $90,000
2015 $1,222 $130,700 $60,800 $69,900
2014 $1,216 $95,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4508215

Stellar MLS

APN: 0059-11-0024