NOT LISTED FOR SALE

Estimated Value: $248,000 - $282,000

2 Beds
1 Bath
849 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $144,000 $170 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,498/month

6 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • French Doors
  • Booker High School Rated A-
  • Mature Landscaping
  • Central Air

About This Home

As of May 2019

Great investment opportunity in a fantastic location. Tucked away in a secluded section of Palm Grove this two bedroom cottage provides superior privacy as well as the convenience of short commutes to downtown Sarasota, New College and the Ringling College of Art and Design. The roof was replaced five years ago and the exterior gardens and landscaping have been well cared for by the current tenants.

Last Agent to Sell the Property

John Smith

License #3158099 Listed on: 03/27/2019

Last Buyer's Agent

Susan Christy

BANZHAF & ASSOCIATES INC License #0666215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,233

Year Built

  • Built in 1979

Lot Details

  • 6,061 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Property is zoned RSF3

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 849 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Flood Zone Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Palm Grove Community
  • Palm Grove Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,233

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 849
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 6061
  • Directions to Property: N. Tamiami Trail to Myrtle St (east) to Old Bradenton Rd (north) to 41st St (east) to Cocoanut Ave (north) to property.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4431436&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4431436&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: 0.97627
  • Price per Sq Ft: 169.61
  • Close to Original List Price Ratio: 0.97627
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Street Number Modifier: 4138
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors
  • 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: 12115C0131F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0026120011
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 1233
  • Tax Block: F
  • Tax Book Number: 1-69
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 17, 2019
Sold by
Edelstein Jan M
Bought by
Martin Joseph C and Box George F
Seller's Agent
John Smith
Buyer's Agent
Susan Christy
BANZHAF & ASSOCIATES INC
List Price
$147,500
Sold Price
$144,000
Premium/Discount to List
-$3,500
-2.37%
Current Estimated Value
$260,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,629
Avg. Annual Appreciation
9.85%
Original Mortgage
$129,600
Outstanding Balance
$115,355
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$146,833

Purchase Details

Closed on
Apr 28, 2006
Sold by
Freeman Joy L
Bought by
Edelstein Jan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,300
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 13, 2004
Sold by
Caccese Vincent A
Bought by
Freeman Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.87%

Purchase Details

Closed on
Oct 8, 2002
Sold by
Rydzinski David T
Bought by
Caccese Vincent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.21%

Purchase Details

Closed on
Jul 8, 2002
Sold by
Cetrone John E and Cetrone Karen R
Bought by
Rydzinski David T

Purchase Details

Closed on
May 14, 2002
Sold by
Serroka Linda and Lastoria Giovannina A
Bought by
Cetrone John E
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
Martin Joseph C $144,000 Independent T&E Closing Inc
Edelstein Jan M $180,400 Alday Donalson Title Agencie
Freeman Joy L $112,300 --
Caccese Vincent A $96,000 --
Rydzinski David T $68,000 --
Cetrone John E $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Joseph C $129,600
Previous Owner Edelstein Jan M $135,300
Previous Owner Freeman Joy L $88,000
Previous Owner Caccese Vincent A $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $144,000 -2.4% $170 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $147,500 -- $174 / 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 $1,386 $123,213 -- --
2023 $1,386 $119,624 $0 $0
2022 $1,311 $116,140 $0 $0
2021 $1,312 $112,757 $0 $0
2020 $1,319 $111,200 $37,400 $73,800
2019 $1,447 $102,700 $28,000 $74,700
2018 $1,233 $78,800 $23,900 $54,900
2017 $1,212 $52,312 $0 $0
2016 $1,154 $74,300 $17,800 $56,500
2015 $1,053 $62,900 $10,400 $52,500
2014 $946 $33,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4431436

Stellar MLS

APN: 0026-12-0011