NOT LISTED FOR SALE

Estimated Value: $430,654 - $622,000

2 Beds
1 Bath
809 Sq Ft
$388/mo HOA Fee

Last Sold January 05, 2018

Last sale price $282,000 $349 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,533/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Mature Landscaping
  • Southside Elementary School Rated A
  • End Unit
  • 2-minute walk to Bayfront Park Sarasota

About This Home

As of January 2018

Welcome to Palm Gardens on Palm Avenue; an inimitable building among its neighbors. Downtown Sarasota is the civic and cultural center of Sarasota with its numerous theatres and art galleries. You are steps away from the Bayfront, Selby Gardens, and Main Street with dozens of shops and restaurants to choose from. As a resident of Palm Gardens there are many special events throughout the year in Downtown Sarasota that you will be able to enjoy with ease; including live music, art festivals, and parades. This one-of-a-kind building with its quaint courtyard has something special to offer someone who wants to enjoy city living in a peaceful and quiet environment in lieu of a high rise. The second floor condominium offers two bedrooms, an updated bath and an inside utility closet equipped with a washer and dryer. The kitchen appliances are newer and there is a tankless hot water heater for instant hot water. Beautiful gleaming wood floors are the icing on the cake. With only 10 residents in the entire complex this truly is a unique and affordable opportunity to live in downtown Sarasota!

Last Agent to Sell the Property

Kelly Mooney

DOUGLAS ELLIMAN License #3078351 Listed on: 12/01/2017

DOUGLAS ELLIMAN

Co-Listed By

Betsy Sublett

DOUGLAS ELLIMAN License #0378042

Last Buyer's Agent

Kathleen Comerford

EXP REALTY LLC License #3455404

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $388 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Courtyard Style Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 809 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, maintenance, sewer, trash, water
  • Sunvast Property Management 941 378 0260 Association
  • Palm Gardens Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Amenities

  • Community Storage Space

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,247

Year Built

Built in 1979

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Courtyard
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 809
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 809
  • Directions to Property: From Ringling Blvd, head south on Palm Avenue, Palm Gardens is on the left hand side and the unit is on the second floor in the Northeast corner of the building.
  • Status: Sold
  • Street Direction: S
  • Co List Office Mls Id: MFR281502380
  • Co List Office Phone: 941-366-8070
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046751
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 348.58
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: End Unit
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave Hood, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 445
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Condominium Disclosure Available
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking
  • Association Amenities: Maintenance, Storage, Vehicle Restrictions
  • Association Name: Sunvast Property Management 941-378-0260
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Pets belonging to renters and non-owners must have board approval. See condominium documents for further clarification.
  • Association Fee Requirement: None
  • Building Name Number: PALM GARDENS
  • Condo Fees: 388
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 388
  • Pet Size: Medium (36-60 Lbs.)

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: DTE
  • Parcel Number: 2027111008
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3247
  • Tax Book Number: 11-21
  • Tax Lot: 8

Multi Family

  • Approval Process: Written application, $50 non-refundable fee, and approval by the Board.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Phoenix Investors Llc
Bought by
Kurz John F
Current Estimated Value
$524,889

Purchase Details

Listed on
Dec 1, 2017
Closed on
Jan 5, 2018
Sold by
Property Quest Enterprises Llc
Bought by
Phoenix Investments Llc
Seller's Agent
Kelly Mooney
DOUGLAS ELLIMAN
Buyer's Agent
Kathleen Comerford
EXP REALTY LLC
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$265,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2013
Sold by
Louissaint Abner and Louissaint Marie A
Bought by
Property Quest Enterprises Llc

Purchase Details

Closed on
May 21, 2013
Sold by
Louissaint Abner and Louisssaint Marie A
Bought by
Gurfinchel Alan G

Purchase Details

Closed on
Nov 14, 2012
Sold by
Revelli Di Beaumont Oscar M and Revelli Di Beaumont Carolina
Bought by
Louissaint Abner and Louissaint Marie A

Purchase Details

Closed on
Sep 16, 2005
Sold by
Dibeaumont Oscar M Revelli
Bought by
Dibeaumont Oscar M Revelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2001
Sold by
445 Pam Ave Inc
Bought by
Revelli Dibeaumont Oscar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,250
Interest Rate
7.08%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Palm Gardens Inv L P
Bought by
Bailey Edna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
7.39%
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
Kurz John F $20,930 Attorney
Phoenix Investments Llc $282,000 Attorney
Property Quest Enterprises Llc -- Attorney
Gurfinchel Alan G $140,000 Attorney
Louissaint Abner $150,000 Attorney
Dibeaumont Oscar M Revelli -- First Fidelity Title Inc
Revelli Dibeaumont Oscar M $125,000 --
Bailey Edna F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phoenix Investments Llc $265,000
Previous Owner Dibeaumont Oscar M Revelli $276,500
Previous Owner Revelli Dibeaumont Oscar M $81,250
Previous Owner Bailey Edna F $86,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2018 04/07/18 Off Market $282,000 -- --
01/05/2018 01/05/18 Sold $282,000 -2.4% $349 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $289,000 -- $357 / 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 $3,248 $259,499 -- --
2023 $3,248 $251,941 $0 $0
2022 $3,238 $244,603 $0 $0
2021 $3,237 $237,479 $0 $0
2020 $3,267 $234,200 $0 $234,200
2019 $3,842 $231,400 $0 $231,400
2018 $3,528 $215,900 $0 $215,900
2017 $2,858 $188,397 $0 $0
2016 $3,247 $197,500 $0 $197,500
2015 $2,858 $155,700 $0 $155,700
2014 $2,610 $176,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4203231

Stellar MLS

APN: 2027-11-1008