NOT LISTED FOR SALE

406 Bailey Rd Sarasota, FL 34237

Estimated Value: $441,000 - $472,000

3 Beds
2 Baths
1,216 Sq Ft
$377/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $521,000 $428 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,822/month

54 Days on Market

Highlights

  • Heated In Ground Pool
  • RV or Boat Parking
  • Main Floor Primary Bedroom
  • Booker High School Rated A-
  • Open Floorplan
  • Sun or Florida Room

About This Home

As of April 2024

$90,000+ in upgrades since 2022! Ideal home for investors, first time home buyers, or snow birds! Home is located conveniently in walking distance to Publix (FL biggest grocery store) bakery's, Gym, Pharmacy, restaurants, etc... Also a short 6 min drive to downtown Sarasota, and only 10 mins further to lido key beach! Americas #1 rated beach "Siesta Key" is located only 20 mins away! Home is meticulously and thoughtfully remodeled by professional contractors in the past 2 years. Home is Wi-Fi automated with thermostat, garage door opener, front door camera, pool pump, and pool heater all connected to mobile apps that can be controlled and monitored from your phone. Worried about rising insurance rates and un-expected repairs? Rest assured that the following upgrades have been done in 2022 which are the major expenses in a typical home; roof replacement, roof insulation, New AC unit and furnace, water plumbing, ceiling texture, Wi-Fi garage door, kitchen cabinets, quartz counter tops, carpet, finish work, tile backsplash, door hardware handles, hinges, bathroom remodel, lighting, new vinal fence, landscape, all appliances were also bought new in 2022! Many more updates and upgrades were done through 2023! The home is currently being used as a short term rental with reservations through the month of April. Ask listing agent for more information on rental income!

Last Agent to Sell the Property

David Krotenko

STAR BAY REALTY CORP. Brokerage Phone: 941-500-5457 License #3529196 Listed on: 01/10/2024

STAR BAY REALTY CORP.

Last Buyer's Agent

Nic Yoder

HARRY ROBBINS ASSOC INC License #3462986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1974

Lot Details

  • 8,225 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Shade Shutters
  • Blinds
  • Family Room Off Kitchen
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Smart Home
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Bedroom
  • Accessible Closets
  • Accessibility Features
  • Accessible Approach with Ramp

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Tuttle Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Thermostat
  • High Speed Internet

Community Details

  • No Home Owners Association
  • San Souci South Community
  • San Souci South Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,846

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1216
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1974
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Closets
  • Building Area Total: 1717
  • Lot Size Sq Ft: 8225
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: 1 Week
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 428.45
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-500-5457
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Stone Counters, Thermostat
  • Appliances Included: Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 112.97

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Lighting, Outdoor Grill, Rain Gutters, Shade Shutter(s), Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized, RV Parking

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Other
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: N/A
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Tuttle Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Parcel Number: 2030090027
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: City Limits, Oversized Lot, Sidewalk
  • Flood Zone Code: x

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 4845.68
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Apr 10, 2024
Sold by
Krotenko David and Krotenko Elina
Bought by
King John L and King Katie Mae
Seller's Agent
David Krotenko
STAR BAY REALTY CORP.
Buyer's Agent
Nic Yoder
HARRY ROBBINS ASSOC INC
List Price
$549,000
Sold Price
$521,000
Premium/Discount to List
-$28,000
-5.1%
Views
54
Current Estimated Value
$457,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,124
Avg. Annual Appreciation
-7.99%
Original Mortgage
$406,400
Outstanding Balance
$400,397
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$57,479

Purchase Details

Closed on
Mar 9, 2016
Sold by
Chernikoff Jared
Bought by
Gatnarek Joel G and Gatnarek Debra O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,800
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 13, 2012
Closed on
Jan 23, 2013
Sold by
Ingorvaia Angelo
Bought by
Chernikoff Jared
Seller's Agent
Karl Helbig
SUNREAL ESTATE INC
Buyer's Agent
Jeffery Earley
SARASOTA PREMIER PROPERTIES
List Price
$116,900
Sold Price
$116,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$114,782
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2012
Sold by
Drake Kimberly D and Drake Daryl S
Bought by
Equity Trust Co

Purchase Details

Closed on
Mar 29, 2006
Sold by
Baker Mary Sue
Bought by
Drake Daryl S and Drake Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
Sold by
Stevens Belinda A
Bought by
Baker Mary Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.66%

Purchase Details

Closed on
May 28, 1998
Sold by
Vanleir Claire J
Bought by
Stevens Belinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.11%
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
King John L $521,000 None Listed On Document
Gatnarek Joel G $179,900 Stewart Title Company
Chernikoff Jared $116,900 Florida Abstract & Security
Equity Trust Co $70,101 None Available
Drake Daryl S $150,000 Horizon Title Services
Baker Mary Sue $97,500 --
Stevens Belinda A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King John L $406,400
Previous Owner Gatnarek Joel G $162,800
Previous Owner Chernikoff Jared $114,782
Previous Owner Drake Daryl S $161,250
Previous Owner Baker Mary Sue $78,000
Previous Owner Stevens Belinda A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $521,000 -3.0% $428 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $537,000 -2.2% $442 / Sq Ft
01/31/2024 01/31/24 For Sale $549,000 0.0% $451 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $549,000 +19.6% $451 / Sq Ft
05/02/2022 05/02/22 Sold $459,000 0.0% $377 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
04/17/2022 04/17/22 Price Changed $459,000 -8.2% $377 / Sq Ft
04/11/2022 04/11/22 For Sale $499,900 +327.6% $411 / Sq Ft
01/25/2013 01/25/13 Sold $116,900 0.0% $96 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Pending -- -- --
12/13/2012 12/13/12 For Sale $116,900 -- $96 / 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 $5,048 $357,170 -- --
2023 $5,048 $324,700 $103,500 $221,200
2022 $3,800 $303,600 $98,400 $205,200
2021 $2,993 $183,100 $69,200 $113,900
2020 $2,766 $160,600 $57,200 $103,400
2019 $2,750 $160,100 $57,200 $102,900
2018 $2,589 $149,600 $40,400 $109,200
2017 $2,632 $150,800 $36,000 $114,800
2016 $1,349 $158,200 $43,400 $114,800
2015 $1,367 $122,700 $37,100 $85,600
2014 $1,360 $92,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4595035

Stellar MLS

APN: 2030-09-0027