NOT LISTED FOR SALE

Estimated Value: $668,000 - $837,000

3 Beds
2 Baths
1,507 Sq Ft
$494/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $650,000 $431 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,817/month

7 Days on Market

Highlights

  • Open Floorplan
  • Garden View
  • Corner Lot
  • Southside Elementary School Rated A
  • Sun or Florida Room
  • Solid Surface Countertops

About This Home

As of January 2023

Located in the desirable neighborhood of Granada, this home is situated so close to Siesta Key Beach, access to boating and Patterson Park, and all of the amenities of downtown, all reachable within a few miles.
On a large lot of over 10,000 square feet, this three bed two bath home has an open plan and is ready for your imagination to make this the home of your dreams. The large, enclosed porch is not part of the square footage in the public records, which gives any buyer so many options to use as they wish. Granada has long been considered one of the best neighborhoods due to the proximity to everything Sarasota has to offer, including a wonderful school district, and of course, the number one beach in the US!

Last Agent to Sell the Property

Karen Chandler

MICHAEL SAUNDERS & COMPANY License #0610388 Listed on: 11/07/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Karen Chandler

MICHAEL SAUNDERS & COMPANY License #0610388 Listed on: 11/07/2022

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1956

Lot Details

  • 10,553 Sq Ft Lot
  • Lot Dimensions are 50x105
  • East Facing Home
  • Mature Landscaping
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,507 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Garden Views
  • Attic Fan

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Granada Community
  • Granada Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1507
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1956
  • Lot Size Sq Ft: 10553
  • Directions to Property: Siesta Dr to Flores Ave. First house on right. Corner of Siesta Dr and Flores Ave.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551643?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4551643?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9299
  • Price per Sq Ft: 431.32
  • Close to Original List Price Ratio: 0.9299
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Fan, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 3500
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Exterior Features: Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115c0141f
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None, Sidewalk
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 2039100140
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, City Lot
  • Lot Dimensions: 50x105
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 2+ Years
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Sarasota County Rules.

Tax Info

  • Tax Annual Amount: 3172
  • Tax Block: A
  • Tax Book Number: 1-57
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 17, 2023
Sold by
Jacobsen Mary E
Bought by
Madrid Capital Llc
Seller's Agent
Karen Chandler
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Karen Chandler
MICHAEL SAUNDERS & COMPANY
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Views
10
Current Estimated Value
$743,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,844
Avg. Annual Appreciation
8.78%
Original Mortgage
$500,000
Outstanding Balance
$493,522
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$312,755

Purchase Details

Closed on
Jul 7, 1998
Sold by
Hormuth Kent E and Hormuth Teresa L
Bought by
Jacobsen Mary E
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
Madrid Capital Llc $650,000 --
Jacobsen Mary E $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrid Capital Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $650,000 -7.0% $431 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $699,000 -- $464 / 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 $8,937 $490,300 $430,800 $59,500
2023 $8,937 $584,400 $497,000 $87,400
2022 $3,165 $240,672 $0 $0
2021 $3,172 $233,662 $0 $0
2020 $3,197 $230,436 $0 $0
2019 $3,104 $225,255 $0 $0
2018 $2,769 $203,703 $0 $0
2017 $2,732 $199,513 $0 $0
2016 $2,704 $370,700 $285,800 $84,900
2015 $2,743 $299,700 $218,300 $81,400
2014 $2,734 $189,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4551643

Stellar MLS

APN: 2039-10-0140