NOT LISTED FOR SALE

3724 Umatillo Ave Sarasota, FL 34239

Southgate Neighborhood

Estimated Value: $264,000 - $426,000

4 Beds
2 Baths
1,500 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $218,000 $145 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,201/month

46 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Central Heating and Cooling System
  • Brookside Middle School Rated A-

About This Home

As of October 2020

Desirable South Gate Investor special, duplex - each side large 2bd/1ba,(possible 3 bed) purchase this now before owner rehabs and sells for much more. Huge upside potential - rents can be $1,400-1500.00, currently 100% occupied with MTM tenants. Highly desirable South Gate area and close to everything. The subdivision has an optional HOA that tenants can pay $125/year to use as a community pool and clubhouse. Large lot.
3722 - $750.00/mo Ceramic tile, inside laundry, central air.
3724 - $700.00/ mo Outside laundry hook up, central air.
Quality professional management in place. Seller owns other multifamily properties in the area and open to a package/bulk sale. Please call for more info.

Last Agent to Sell the Property

Joleisy Machado-Gonzales

RELAX REALTY GROUP INC License #3346195 Listed on: 07/11/2020

Last Buyer's Agent

Joleisy Machado-Gonzales

RELAX REALTY GROUP INC License #3346195 Listed on: 07/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1958

Lot Details

  • 10,000

Home Design

  • 1,500 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Schools

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

Additional Features

  • Range
  • 10,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Southgate Community
  • South Gate Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Clubhouse
  • Gross Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1500
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 10000
  • Tenant Pays: Electricity
  • Directions to Property: Take Bee Ridge east of Tuttle. Umatillo is 4 blocks East of Tuttle. Turn left off Bee Ridge on Umatillo
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472104?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472104?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92766
  • Price per Sq Ft: 145.33
  • Close to Original List Price Ratio: 0.90833
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 3724
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • 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: 12115C0142F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Pool
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0059130037
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 1450
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: This is in the City and must abide by their codes and ordinances

Multi Family

  • Gross Income: 17400
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2963
  • Tax Block: 73
  • Tax Book Number: 2742-2327
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Oct 9, 2020
Sold by
Landz Management & Consulting Llc
Bought by
Nguyen Lan Anh and Tran Long Buy
Seller's Agent
Joleisy Machado-Gonzales
RELAX REALTY GROUP INC
Buyer's Agent
Joleisy Machado-Gonzales
RELAX REALTY GROUP INC
List Price
$240,000
Sold Price
$218,000
Premium/Discount to List
-$22,000
-9.17%
Current Estimated Value
$357,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,067
Avg. Annual Appreciation
10.33%
Original Mortgage
$163,500
Outstanding Balance
$145,425
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$211,642

Purchase Details

Closed on
Jul 7, 2020
Sold by
Forschner Burzynski L and Forschner Richard A
Bought by
Landz Management & Consulting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 1993
Sold by
Sobel Dorothy D and Forschner Dorothy T
Bought by
Burzynski L Michele
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
Nguyen Lan Anh $218,000 Attorney
Landz Management & Consulting Llc $145,000 Attorney
Burzynski L Michele -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Lan Anh $163,500
Previous Owner Landz Management & Consulting Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $218,000 -7.2% $145 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/02/2020 08/02/20 Price Changed $235,000 -4.1% $157 / Sq Ft
07/28/2020 07/28/20 Price Changed $245,000 +4.3% $163 / Sq Ft
07/28/2020 07/28/20 Price Changed $235,000 -4.1% $157 / Sq Ft
07/21/2020 07/21/20 Price Changed $245,000 -5.4% $163 / Sq Ft
07/11/2020 07/11/20 Price Changed $259,000 +7.9% $173 / Sq Ft
07/10/2020 07/10/20 For Sale $240,000 -- $160 / 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 $3,751 $231,700 $138,100 $93,600
2023 $3,751 $260,900 $140,300 $120,600
2022 $3,399 $224,600 $136,000 $88,600
2021 $3,122 $191,800 $93,500 $98,300
2020 $3,297 $206,600 $87,600 $119,000
2019 $2,963 $183,800 $88,400 $95,400
2018 $2,819 $177,800 $83,300 $94,500
2017 $2,714 $157,542 $0 $0
2016 $2,590 $160,500 $85,000 $75,500
2015 $2,339 $130,200 $54,200 $76,000
2014 $2,296 $114,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4472104

Stellar MLS

APN: 0059-13-0037

Florida Sarasota County Sarasota 34239 Southgate

3724 Umatillo Ave, Sarasota, FL

This home is located at 3724 Umatillo Ave, Sarasota, FL 34239 since 11 July 2020 and is currently estimated at $357,067, approximately $238 per square foot. This property was built in 1958. 3724 Umatillo Ave is a home located in Sarasota County with nearby schools including Wilkinson Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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