NOT LISTED FOR SALE

Estimated Value: $1,152,527

2 Beds
2.5 Baths
1,197 Sq Ft
$963/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2019

Last sale price $739,000 $617 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,426 / mo

219 Days on Market

Highlights

  • Property is near a marina
  • The property is located in a historic district
  • Property is near public transit
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • 2-minute walk to Bayfront Park Sarasota

About This Home

As of December 2019

Burns Court at the front door and Palm Avenue at the back, in the heart of Downtown Sarasota - just steps from Marina Jacks waterfront - the perfect downtown Pied-a-Terre, an ideal space to showcase your business with great visibility and private parking, or your very own creative blend of private live/work. Current owner has it built out as an artist’s studio with living space; previously was law firm with 5 offices. Original charm with wood-burning fireplace and new hurricane windows. Ability to update or extend within the downtown core RS5 zoning which allows work live options. Enjoy the mixed-use neighborhood of Burns Court out your front door, the Saturday city market just a few blocks away, keep your boat at Marina Jack’s one block away, walk your dog in city island park, with romantic restaurants and art galleries off of Palm Avenue just steps from your back door. But the real beauty lies in the possibility and potential this property holds. With the largest lot in Burns Court, there is ample room to preserve the historic 1920s home while adding 2,500+ square feet of live/work ground floor space at the back. Convert the current flat roof into a 1,000 sq ft rooftop terrace with staircase access or commercial elevator - a feature few homes in Burns Court or downtown can offer. Unlike any other, this property offers a private drive and 4+ car parking. Zoned DTC, this gem is full of endless possibilities! Design your own private downtown lifestyle or office with no HOAs or community/landlord rules.

Last Agent to Sell the Property

Lisa Rooks Morris

MICHAEL SAUNDERS & COMPANY License #3042565 Listed on: 04/04/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1926

Lot Details

  • 3,971 Sq Ft Lot
  • Lot Dimensions are 45x88
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irregular Lot
  • Landscaped with Trees
  • Historic Home
  • Property is zoned DTC

Property Views

  • Full Bay or Harbor
  • City

Home Design

  • Stucco

Interior Spaces

  • 1,197 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Storage Room
  • Crawl Space

Kitchen

  • Cooktop
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Property is near a marina
  • Patio
  • Outdoor Storage

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Burns Court Enclave Community
  • Burns Court Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,687

Year Built

Built in 1926

Lot Details

3,971 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1197
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1926
  • Lot Size Sq Ft: 3971
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4432422&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4432422&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98665
  • Price per Sq Ft: 617.38
  • Close to Original List Price Ratio: 0.84457
  • View: Yes
  • Co List Office Mls Id: 281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Solid Surface Counters, Thermostat
  • Appliances Included: Cooktop, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: ENERGY STAR Qualified Windows, Insulated Windows, Thermal Windows
  • Room Count: 8
  • Additional Rooms: Bonus Room, Den/Library/Office, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Other, Storage
  • Exterior Features: Sidewalk, Storage
  • Roof: Other
  • Pool Private: No
  • View: City
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0133F
  • Additional Water Information: Waterview at 50 ft
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Guest, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Amenities Additional Fees: Mixed Use community zoned Downtown Core.
  • Association Approval Required YN: No

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027110016
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Irregular Lot, Near Marina, Near Public Transit, Oversized Lot, Sidewalk
  • Lot Dimensions: 45x88
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6687
  • Tax Block: F
  • Tax Book Number: 3-11
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Allen Paul
Bought by
Current Estimated Value
$1,152,527

Purchase Details

Listed on
Apr 4, 2019
Closed on
Dec 9, 2019
Sold by
Kay Teresa Lee
Bought by
Allen Paul
Seller's Agent
Lisa Rooks Morris
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$875,000
Sold Price
$739,000
Premium/Discount to List
-$136,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$628,150
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2018
Sold by
Gibson James D
Bought by
Kay Teresa Lee

Purchase Details

Closed on
Sep 20, 2016
Sold by
Tlsy Llc
Bought by
Oxford Investments Ltd

Purchase Details

Closed on
Jan 8, 2016
Sold by
Flick Kay E
Bought by
Gibson James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,986
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2002
Sold by
Daly Maureen
Bought by
Gibson James D and Flick Kay E

Purchase Details

Closed on
Jul 17, 2001
Sold by
Backer Harvey M
Bought by
Daly Maureen

Purchase Details

Closed on
Mar 6, 1998
Sold by
Currens Margaret L
Bought by
Backer Harvey M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Sarasota, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
Allen Paul $739,000 Attorney
Kay Teresa Lee $589,000 Attorney
Oxford Investments Ltd -- None Available
Gibson James D $230,000 Sarasota Title Services Inc
Gibson James D $420,000 --
Daly Maureen $350,000 --
Backer Harvey M $210,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $13,960,800
Previous Owner Allen Paul $628,150
Previous Owner Gibson James D $358,986
Previous Owner Gibson James D $179,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $739,000 0.0% $617 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
10/12/2019 10/12/19 Off Market $739,000 -- --
07/27/2019 07/27/19 Price Changed $749,000 -10.7% $626 / Sq Ft
05/21/2019 05/21/19 Price Changed $839,000 -4.1% $701 / Sq Ft
04/04/2019 04/04/19 For Sale $875,000 -- $731 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $13,180 $697,000 $495,200 $201,800
2024 $11,677 $787,952
2023 $11,677 $839,700 $672,600 $167,100
2022 $10,053 $656,700 $520,700 $136,000
2021 $9,471 $592,000 $472,000 $120,000
2020 $8,702 $528,400 $399,300 $129,100
2019 $8,143 $494,700 $374,300 $120,400
2018 $6,687 $401,900 $300,400 $101,500
2017 $6,229 $369,300 $291,700 $77,600
2016 $6,244 $367,700 $291,700 $76,000
2015 $6,247 $359,700 $303,800 $55,900
2014 $6,280 $369,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4432422

Stellar MLS

APN: 2027-11-0016

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