NOT LISTED FOR SALE

Estimated Value: $577,000 - $669,000

4 Beds
3 Baths
2,062 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $178,000 $86 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $3,630/month

19 Days on Market

Highlights

  • Waterfront Community
  • Heated Indoor Pool
  • Deck
  • Brookside Middle School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of November 2013

SOUTH GATE! Spacious 4 bedroom, 3 bath pool home with 2 car garage. Separate living room, dining room and family room. Large above ground propane tank for gas stove and water heater. 3 bedrooms and 2 baths in the main part of the house. 4th bedroom/in-lawsuite has a separate entrance in back of the house or can be entered through the garage. Great for an in-law suite, office or snowbird hideaway for you to stay in if you rent out the main house. Inside freshly painted in 2013. New garage doors in 2013. New 15 SEER A/C Heat pump in 2011. Metal roof installed in 2005. Pool cage replaced in 2005. New sewer line from house to street in 2012. New fan motor and capacitor for pool heater in 2012. Foundation repair in 2005. Engineering reports available from listing agent. No grass to cut here. Tropical plantings front and back. Drainage canal behind the house gives you extra space between you and the neighbors in Forest Lakes. Great South Gate location close to shopping, schools, restaurants, Sarasota MemorialHospital, downtown Sarasota and the recently rated number 1 beach in the US - Siesta Key Public Beach. The South Gate Community Assn. owns 5 acres on Phillippi Creek and includes a Sarasota School of Architecture style building designed by Victor Lundy and a 25' x 60' community pool. Great place to drop a canoe or kayak in the water and enjoy the serenity and wildlife on Phillippi Creek. Voluntary dues are only $50 per year for the social membership and another $99 for a pool membership.

Last Agent to Sell the Property

Chris Kernan

RE/MAX ALLIANCE GROUP License #0479249 Listed on: 09/29/2013

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Gianni Latino

SUNCOAST PREMIER RLTY SOLUTION License #3370459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 94 x 115 x 94 x 115
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF-2

HOA Fees

  • $4 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,062 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Ventilation

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Shed
  • Rain Gutters
  • Porch

Schools

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

Farming

  • Drainage Canal

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • South Gate Community
  • South Gate Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 1961

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2062
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 3054
  • Lot Size Sq Ft: 10925
  • Directions to Property: North on Lockwood Ridge from Webber; Right (East) on Dawson; House on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985118&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985118&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1493
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96216
  • Price per Sq Ft: 86.32
  • Close to Original List Price Ratio: 0.96216
  • Ratio: Current Price\Building Area Total: 58.28
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Street Number Modifier: 3305
  • Room Count: 10
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Interior In-Law Suite
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Pool Features: Heated, Indoor, Screen Enclosure
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, In Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Waterfront Complex
  • Association Amenities: Optional Additional Fees, Recreation Facilities
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50
  • Total Monthly Fees: 4.17

Schools

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

Lot Info

  • Zoning: RSF-2
  • Parcel Number: 0058100057
  • Additional Parcels: No
  • Lot Features: Drainage Canal, In County
  • Lot Dimensions: 94 x 115 x 94 x 115
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC
  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Restrictions: No pet restrictions from South Gate COmmunity Assn.
  • Expected Lease Date: 2013-11-08T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1575
  • Tax Book Number: 0011/0022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2019
Sold by
Ringling Property Fund I Llc
Bought by
Maulucci Damon J and Baik Jean J
Current Estimated Value
$602,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$266,487
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$346,427

Purchase Details

Listed on
Sep 29, 2013
Closed on
Nov 8, 2013
Sold by
Grubb David A and Grubb Nancy H
Bought by
11-Ringling Fund Llc
Seller's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
Buyer's Agent
Gianni Latino
SUNCOAST PREMIER RLTY SOLUTION
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Sobering R Penelope
Bought by
Grubb David A and Grubb Nancy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
8.23%
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
Maulucci Damon J $400,000 Attorney
11-Ringling Fund Llc $178,000 Attorney
Grubb David A $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maulucci Damon J $300,000
Previous Owner Grubb David A $30,596
Previous Owner Grubb David A $152,800
Previous Owner Grubb David A $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $178,000 -3.8% $86 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $185,000 0.0% $90 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $185,000 -- $90 / 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 $4,416 $372,297 -- --
2023 $4,416 $361,453 $0 $0
2022 $4,301 $350,925 $0 $0
2021 $4,259 $340,704 $0 $0
2020 $4,260 $336,000 $125,300 $210,700
2019 $4,022 $289,100 $132,000 $157,100
2018 $3,620 $253,100 $111,500 $141,600
2017 $3,583 $235,424 $0 $0
2016 $3,476 $246,300 $103,700 $142,600
2015 $3,170 $209,600 $66,100 $143,500
2014 $2,665 $121,328 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3985118

Stellar MLS

APN: 0058-10-0057