NOT LISTED FOR SALE

4040 Olive Ave Sarasota, FL 34231

Ridge Wood Heights Neighborhood

Estimated Value: $394,325 - $417,000

3 Beds
2 Baths
1,582 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2021

Last sale price $369,900 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,548 / mo

6 Days on Market

Highlights

  • View of Trees or Woods
  • 1,894 Acre Lot
  • Main Floor Primary Bedroom
  • Riverview High School Rated A
  • Vaulted Ceiling
  • Loft

About This Home

As of June 2021

Gorgeous 3 Bedroom 2 Bath 1 car garage 2 Story Cul-de-sac , Home located minutes to Siesta Key. Home Boasts Its Bright Open Split Bedroom Floor, Ground Level Master Bedroom. Upstairs Has 2 Bedrooms with Vaulted Ceilings, 1 Bathroom & A Large Open Loft, Perfect for An Office/Studio or Play Area. Newer Roof (2013), A/C (2013). New Custom Cellular Blinds, & High Velocity Ceiling Fans. Brand New Mohawk Flooring, Newer Light Fixtures & Paint Throughout. Beautiful Chef’s Kitchen with Quartz Countertops & Formal Dining Area Overlook the Oversized Fenced Yard with Tropical Lush Landscaping. Large Screened in Patio. Both Garage & Patio Have Epoxy Coated Flooring. This Home Is A Must See!

Last Agent to Sell the Property

Reciprocal RASM

REALTOR® ASSOCIATION OF SARASO Listed on: 05/05/2021

Last Buyer's Agent

Beth Evans

PROPERTIES SRQ LLC License #3056245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1985

Lot Details

  • 1,894 Acre Lot
  • West Facing Home
  • Wood Fence
  • Well Sprinkler System

Parking

  • 1 Car Attached Garage

Property Views

  • Woods
  • Garden

Home Design

  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Shingle Roof

Interior Spaces

  • 1,582 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Blinds
  • Separate Formal Living Room
  • Formal Dining Room
  • Loft

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Flora Villa Final Survey Community
  • Flora Villa Final Survey Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 1985

Lot Details

1,894 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 1582
  • Lot Size Acres: 1894
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1950
  • Lot Size Sq Ft: 8250
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499883?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499883?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 500+ Acres
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02779
  • Price per Sq Ft: 233.82
  • Close to Original List Price Ratio: 1.02779
  • Ratio: Current Price\Building Area Total: 189.69
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Cooktop, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Shades, Window Treatments
  • Room Count: 5
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Loft

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sprinkler Meter, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Condo Land Included Y N: No

Lot Info

  • Parcel Number: 0072060022
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 1400.16
  • Tax Block: 2
  • Tax Book Number: 02/5
  • Tax Lot: 13

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

Listed on
May 5, 2021
Closed on
May 15, 2021
Sold by
Bought by
Seller's Agent
Reciprocal RASM
REALTOR® ASSOCIATION OF SARASO
Buyer's Agent
Beth Evans
PROPERTIES SRQ LLC
List Price
$359,900
Sold Price
$369,900
Premium/Discount to List
$10,000
2.78%
Current Estimated Value
$408,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,431
Avg. Annual Appreciation
2.00%
Original Mortgage
$200,000
Outstanding Balance
$179,888
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$228,443

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 22, 2020
Sold by
Bought by
Seller's Agent
Bradley Livingston
RE/MAX REALTY UNLIMITED
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$293,500
Sold Price
$290,000
Premium/Discount to List
-$3,500
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.69%
Original Mortgage
$284,747
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$369,900 Attorney
$290,000 Leading Edge Ttl Of Brandon
-- Attorney
$93,500 --
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 $200,000
Previous Owner $284,747
Previous Owner $74,800
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 Prior Sale
06/21/2021 06/21/21 Sold $369,900 +2.8% $234 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $359,900 +24.1% $227 / Sq Ft
12/22/2020 12/22/20 Sold $290,000 -1.2% $184 / Sq Ft View Prior Sale
11/19/2020 11/19/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $293,500 -- $186 / 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 $4,254 $327,100 $112,100 $215,000
2024 $4,239 $342,700 $110,900 $231,800
2023 $4,239 $344,700 $133,300 $211,400
2022 $4,242 $309,000 $121,100 $187,900
2021 $2,868 $220,000 $83,100 $136,900
2020 $1,400 $99,668 $0 $0
2019 $1,335 $97,427 $0 $0
2018 $1,287 $95,610 $0 $0
2017 $1,277 $93,643 $0 $0
2016 $1,244 $161,300 $42,000 $119,300
2015 $1,258 $140,700 $35,400 $105,300
2014 $1,251 $87,259 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499883

Stellar MLS

APN: 0072-06-0022

Florida Sarasota County Sarasota 34231 Ridge Wood Heights

4040 Olive Ave, Sarasota, FL

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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