NOT LISTED FOR SALE

440 S Blvd of Presidents Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $1,482,000 - $2,615,741

4 Beds
4 Baths
2,452 Sq Ft
$801/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $1,125,000 $459 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $12,818/month

97 Days on Market

Highlights

  • Bonus Room
  • High Ceiling
  • Family Room Off Kitchen
  • Southside Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2020

Looking for an investment property, primary residence, or second home? Unique multi purpose property. An income-producing duplex or a single family home with a mother-law suite that could be rented out for additional income. Situated on a large corner lot in a prime location. This spectacular property features 4-bedrooms, and 4 full baths. The units are beautifully furnished with open floor plans and high ceilings. Large fully equipped kitchens, granite counter tops, stainless steel appliances, tons of cabinet space, flat screen T.V's, and stackable washer/dryers. All four couches are queen sleeper sofas for additional guests. Each unit comes with an oversized one-car garage, large storage area, plenty of parking and a very large multi purpose room on the first floor that could be used for a car collector, man cave, workout room or extra storage for jet ski's etc... You are just a short walk to beautiful Lido Beach and St. Armands Circle. Owner's used property for Corporate gatherings and family members majority of the time. Also equipped with bicycles, grills, fire pits and Adirondack chairs.

Last Agent to Sell the Property

Babette Paige

COLDWELL BANKER REALTY License #3239943 Listed on: 09/26/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Michael A Martino

KELLER WILLIAMS ON THE WATER S License #3276909

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,381

Year Built

  • Built in 2015

Lot Details

  • 7,603 Sq Ft Lot
  • Lot Dimensions are 115x68.84
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Assigned Parking

Home Design

  • Duplex
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 2,452 Sq Ft Home
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Bonus Room
  • Ceramic Tile Flooring
  • Walk-Up Access

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Outdoor Storage

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,452 Sq Ft Building
  • Lido Beach Community
  • Lido Beach DIV B Resub Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,381

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2452
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2015
  • Building Area Total: 2452
  • Lot Size Sq Ft: 7603
  • Directions to Property: St. Armands Circle to S Blvd of Presidents. Right on S Blvd of the Presidents. Property will be on your right on the corner of S Blvd of the Presidents and Coolidge.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446874?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4446874?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated, Walk-Up
  • Call Center Phone Number: 8007469464
  • Ratio: Close Price\List Price: 0.86605
  • Price per Sq Ft: 458.81
  • Close to Original List Price Ratio: 0.86605
  • Ratio: Current Price\Building Area Total: 458.81
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 440
  • Additional Rooms: Bonus Room
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Fenced, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0129F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2016060045
  • Additional Parcels: No
  • Lot Dimensions: 115x68.84
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 6000
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 14381
  • Tax Block: 54
  • Tax Book Number: 2397-150
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Mar 26, 2020
Sold by
Potillo Properties Llc
Bought by
Howe James
Seller's Agent
Babette Paige
COLDWELL BANKER REALTY
Buyer's Agent
Michael A Martino
KELLER WILLIAMS ON THE WATER S
List Price
$1,299,000
Sold Price
$1,125,000
Premium/Discount to List
-$174,000
-13.39%
Current Estimated Value
$1,963,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,914
Avg. Annual Appreciation
10.91%
Original Mortgage
$825,000
Outstanding Balance
$738,723
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,239,827

Purchase Details

Closed on
Jan 30, 2017
Sold by
Banner Christopher K and Huelster Katherine
Bought by
Potillo Properties Llc

Purchase Details

Closed on
Sep 16, 2013
Sold by
Wakely William J and Wakely Diane E
Bought by
Banner Christopher K and Huelster Katherine

Purchase Details

Closed on
Apr 27, 2009
Sold by
Lampl Jim
Bought by
Wakely William J and Wakely Diane E

Purchase Details

Closed on
Dec 28, 2000
Sold by
Megargle Russell J and Megargle Thelma G
Bought by
Megargle Russell J
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
Howe James $1,125,000 Attorney
Potillo Properties Llc $1,075,000 Sunbelt Title Agency
Banner Christopher K $425,000 None Available
Wakely William J $425,000 None Available
Megargle Russell J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe James $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $1,125,000 -13.4% $459 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
09/26/2019 09/26/19 For Sale $1,299,000 -- $530 / 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 $26,400 $1,506,825 -- --
2023 $26,400 $2,272,600 $1,464,400 $808,200
2022 $20,884 $1,530,000 $906,300 $623,700
2021 $18,000 $1,132,100 $653,000 $479,100
2020 $14,476 $881,400 $478,300 $403,100
2019 $14,437 $881,300 $460,500 $420,800
2018 $14,381 $875,200 $433,800 $441,400
2017 $6,154 $815,210 $0 $0
2016 $12,222 $741,100 $396,600 $344,500
2015 $6,154 $365,300 $365,300 $0
2014 $5,907 $325,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4446874

Stellar MLS

APN: 2016-06-0045