NOT LISTED FOR SALE

Estimated Value: $347,194 - $452,000

1 Bed
1 Bath
780 Sq Ft
$488/mo HOA Fee

Last Sold July 13, 2012

Last sale price $142,500 $183 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,945/month

99 Days on Market

Highlights

  • Marina View
  • Indoor Pool
  • Property is near public transit
  • Southside Elementary School Rated A
  • Deck
  • 3-minute walk to Five Points Park

About This Home

As of July 2012

Great downtown location with partial bay view. Fresh paint, new refrigerator. Seller will consider a carpet allowance. Great price for this location. Overlooks the huge pavered pool deck and pool, park and marina. This building has a brand new lobby area and the exterior walkways are scheduled to be resurfaced this spring. Also, the board has approved the installation of pavers in the entire ground floor garage area. There are no scheduled assessments for these improvements and the association has fully funded reserves. This is a great opportunity to own in downtown Sarasota!

Last Agent to Sell the Property

Robert Laws

License #3236269 Listed on: 03/05/2012

Last Buyer's Agent

Martie Lieberman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3022744

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,161

Year Built

  • Built in 1964

Lot Details

  • South Facing Home

HOA Fees

  • $488 Monthly HOA Fees

Property Views

  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Indoor Pool
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, recreational facilities
  • Jennie Byrams 941 955 7534 Association
  • Gulfstream Towers Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,161

Year Built

Built in 1964

Lot Details

0

HOA Fees

$488 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 780
  • New Construction: No
  • Year Built: 1964
  • Directions to Property: Across from Marina Jack's off Mound St. (US41)
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3956941&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3956941&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7005
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 0.95063
  • Price per Sq Ft: 182.69
  • Close to Original List Price Ratio: 0.83873
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2011
  • Special Features: 20

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 10
  • Street Number Modifier: 33
  • Room Count: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: South
  • Pool Features: Indoor
  • Roof: Other
  • Pool Private: No
  • View: Park, Pool, Water
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial, Marina
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Laundry, Security
  • Association Name: Jennie Byrams - 941-955-7534
  • Association: No
  • Condo Fees: 1465
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 5860
  • Total Monthly Fees: 488.33

Lot Info

  • Zoning: DTB
  • Parcel Number: 2027051014
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit
  • Millage Rate: 16.51
  • Future Land Use: 0405
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2012-07-13T04:00:00.000Z
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2161
  • Tax Book Number: 0001/0013
  • Tax Lot: 403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
Jul 13, 2012
Sold by
Iberiabank
Bought by
Akella Jagan and Akella Michelle
Seller's Agent
Robert Laws
Buyer's Agent
Martie Lieberman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$142,500
Sold Price
$142,500
Current Estimated Value
$396,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,299
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Sep 13, 2011
Sold by
Jensen Jacqueline M
Bought by
Iberiabank

Purchase Details

Closed on
Feb 15, 2007
Sold by
Tracy George E and Tracy George
Bought by
Jensen Jacqueline M

Purchase Details

Closed on
Sep 16, 2002
Sold by
Massoni John G
Bought by
Tracy George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.19%
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
Akella Jagan $142,500 Attorney
Iberiabank $180,000 Attorney
Jensen Jacqueline M -- None Available
Tracy George $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracy George E $15,292
Previous Owner Tracy George $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2012 07/13/12 Sold $142,500 0.0% $183 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $142,500 -- $183 / 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 $3,403 $225,871 -- --
2023 $3,403 $237,400 $0 $237,400
2022 $3,184 $224,400 $0 $224,400
2021 $2,783 $169,700 $0 $169,700
2020 $2,735 $162,400 $0 $162,400
2019 $2,817 $168,100 $0 $168,100
2018 $3,097 $185,200 $0 $185,200
2017 $3,188 $169,689 $0 $0
2016 $2,939 $188,900 $0 $188,900
2015 $2,630 $156,400 $0 $156,400
2014 $2,307 $115,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3956941

Stellar MLS

APN: 2027-05-1014