$325,000
SOLD SEP 14, 2018

408 3rd Ave E Unit A,B&C Bradenton, FL 34208

-- Bed
-- Bath
2,448 Sq Ft
0.39 Acres

Recently Sold

$133 Per Sq Ft

7% Below List Price

31 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • No HOA
  • Manatee High School Rated A-
  • Corner Lot
  • Hurricane or Storm Shutters

About This Home

As of September 2018

IMPECCABLE INVESTMENT! Investors! Don't miss this rare opportunity to own a well kept triplex located in the hospital district of downtown Bradenton. Situated in a quiet neighborhood and in walking distance to the Manatee River, Riverwalk, parks, entertainment and restaurants. Re-roofed 2013 & 2014 and A/C 4 years and newer. Appliances include stoves, washers, dryers, hot water heaters and refrigerators. Tile and natural wood floors throughout. Each unit independently connected to electrical and water utility service for ease of leasing. Freshly painted and cleaned upon lease expiration. Ground floor unit completely renovated with ductless A/C installed. Upstairs unit has own central A/C. Stand alone unit has 2 over-sized wall units. Each has hurricane shutters. Interior pictures of each unit labeled. Bright and beautiful, accurately depicts the Florida lifestyle. Don't miss your opportunity to own this inviting investment opportunity! Schedule your private showing today!

Last Agent to Sell the Property

Kyle Tenbusch

MEDWAY REALTY License #3281401 Listed on: 06/19/2018

MEDWAY REALTY

Last Buyer's Agent

Carla Rayman Kidd

COLDWELL BANKER REALTY License #0646644

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 1926

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 224x115x126x160
  • End Unit
  • Fenced
  • Corner Lot
  • Oversized Lot

Parking

  • Driveway

Home Design

  • Triplex
  • Split Level Home
  • Shingle Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,448 Sq Ft Home
  • Ceiling Fan
  • Hurricane or Storm Shutters
  • Range

Flooring

  • Wood
  • Concrete
  • Tile

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Shed

Schools

  • Manatee Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Beau Vue Estates Community
  • Beau Vue Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,509

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2448
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1926
  • Lot Size Sq Ft: 16905
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From South Tamiami Trail, head East on Manatee Avenue East, turn left onto 4th Avenue East, enter the circle, tale the first right onto 3rd Avenue East, the property will be on the right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100882&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100882&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 132.76
  • Close to Original List Price Ratio: 0.92884
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Tile, Hardwood
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Levels: Multi/Split
  • Spa Yn: No
  • Street Number Modifier: 408
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Hurricane Shutters, Lighting, Other, Sidewalk
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Other, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0306E
  • Disclosures: Lead Paint, Other, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes

Schools

  • Elementary School: Manatee Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: C1A
  • Parcel Number: 3157300009
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Oversized Lot
  • Lot Dimensions: 224x115x126x160
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 3250
  • Pet Restrictions: At the digression of the Landlord, current leases do not allow reptiles or viscous dogs.

Multi Family

  • Gross Income: 39000
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2509
  • Tax Block: H
  • Tax Book Number: 734-145
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Sep 14, 2018
Sold by
Linda & Nichols Llc
Bought by
Venaco Holdings Inc
Seller's Agent
Kyle Tenbusch
MEDWAY REALTY
Buyer's Agent
Carla Rayman Kidd
COLDWELL BANKER REALTY
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$211,250
Outstanding Balance
$192,653
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$347,779

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 24, 2013
Sold by
Marshall William H and Cooper Richard J
Bought by
Linda & Nicholas Llc
Seller's Agent
Cindy Greco
WAGNER REALTY
Buyer's Agent
Garin Hoover
HOOVER REALTY LLC
List Price
$114,900
Sold Price
$105,000
Premium/Discount to List
-$9,900
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%

Purchase Details

Closed on
Mar 29, 2006
Sold by
Smith Charles R and Smith Dolores J
Bought by
Marshall William H and Cooper Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Attorney
Warranty Deed $105,000 Barnes Walker Title Inc
Warranty Deed $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,250 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $106,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $600,000 +84.6% $245 / Sq Ft
09/14/2018 09/14/18 Sold $325,000 0.0% $133 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/06/2018 07/06/18 Price Changed $325,000 -7.1% $133 / Sq Ft
06/19/2018 06/19/18 For Sale $349,900 +233.2% $143 / Sq Ft
05/24/2013 05/24/13 Sold $105,000 -8.6% $57 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $114,900 -- $63 / 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 $8,249 $573,724 $168,300 $405,424
2023 $8,036 $582,018 $168,300 $413,718
2022 $5,608 $405,717 $66,000 $339,717
2021 $5,384 $285,409 $44,000 $241,409
2020 $5,594 $282,956 $44,000 $238,956
2019 $5,309 $266,193 $44,000 $222,193
2018 $2,866 $142,292 $40,000 $102,292
2017 $2,509 $129,187 $0 $0
2016 $1,914 $96,900 $0 $0
2015 $2,188 $103,590 $0 $0
2014 $2,188 $108,140 $0 $0
2013 $2,194 $107,282 $32,796 $74,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6100882

Stellar MLS

APN: 31573-0000-9