NOT LISTED FOR SALE

4805 Rilma Ave Unit 112 Sarasota, FL 34234

Bayou Oaks Neighborhood

Estimated Value: $125,976 - $145,000

2 Beds
1 Bath
837 Sq Ft
$390/mo HOA Fee

Last Sold July 10, 2020

Last sale price $85,000 $102 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,225/month

119 Days on Market

Highlights

  • 2.71 Acre Lot
  • Clubhouse
  • Ceramic Tile Flooring
  • Booker High School Rated A-
  • Community Pool
  • 2-minute walk to North Water Tower Park

About This Home

As of July 2020

Convenient community close to Ringling College, New College, USF & Sarasota airport makes this 2 bedroom 1 bath, 2nd fl. walk up a GREAT INVESTMENT OPPORTUNITY. All appliances and a community laundry. Short distance to downtown, shopping, restaurants, theaters.
Community pool and Clubhouse.

Last Agent to Sell the Property

Brenda Cozy

COLDWELL BANKER REALTY License #0176931 Listed on: 02/24/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Heidi Thompson

STRINGER MANAGEMENT INC License #3366949

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1974

Lot Details

  • 2.71

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 837 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Booker Middle School

Utilities

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

Additional Features

  • Outdoor Storage
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, pest control, recreational facilities, sewer, trash, water
  • Progressive Comunity Management J. Littell Association
  • Summer Lakes Community
  • Summer Lakes Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,006

Year Built

Built in 1974

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 837
  • Lot Size Acres: 2.71
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 117860
  • Directions to Property: Us 41 to east on 47th St. Turn left on Rilma condo on left
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460456?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4460456?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85859
  • Price per Sq Ft: 101.55
  • Close to Original List Price Ratio: 0.85859
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4805
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Clubhouse, Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Comunity Management J. Littell
  • Phone: 921-5393
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 390
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 390
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4680
  • Total Monthly Fees: 390

Schools

  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2001161012
  • Additional Parcels: No
  • Flood Zone Code: C
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 3 Months
  • Approval Process: Yes
  • Pet Restrictions: None aggressive breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Pets allowed for Owner occipied units only. Not tenants

Tax Info

  • Tax Annual Amount: 1005.86
  • Tax Book Number: 7-31
  • Tax Lot: 112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jul 10, 2020
Sold by
Fernandez Carlos
Bought by
4805 Rilma Avenue Llc
Seller's Agent
Brenda Cozy
COLDWELL BANKER REALTY
Buyer's Agent
Heidi Thompson
STRINGER MANAGEMENT INC
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$134,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,494
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Morton Jessie
Bought by
Fernandez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.08%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 1997
Sold by
Dolen Deborah R and Dolen Richard E
Bought by
Morton Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.85%

Purchase Details

Closed on
Mar 26, 1997
Sold by
Forrest Michael H
Bought by
Dolen Deborah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.85%
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
4805 Rilma Avenue Llc $85,000 Sunbelt Title Agency
Fernandez Carlos $117,500 Manasota Professional Title
Morton Jessie $36,000 --
Dolen Deborah R $26,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Carlos $23,500
Previous Owner Fernandez Carlos $94,000
Previous Owner Morton Jessie $18,000
Previous Owner Dolen Deborah R $41,137
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $85,000 -14.1% $102 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $99,000 0.0% $118 / Sq Ft
03/15/2018 03/15/18 Rented $1,150 0.0% --
03/12/2018 03/12/18 Under Contract -- -- --
01/18/2018 01/18/18 For Rent $1,150 -- --
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 $1,565 $91,972 -- --
2023 $1,565 $102,800 $0 $102,800
2022 $1,558 $110,300 $0 $110,300
2021 $1,257 $69,100 $0 $69,100
2020 $1,071 $55,800 $0 $55,800
2019 $1,006 $52,000 $0 $52,000
2018 $1,026 $53,200 $0 $53,200
2017 $272 $30,811 $0 $0
2016 $273 $46,100 $0 $46,100
2015 $272 $36,500 $0 $36,500
2014 $268 $29,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4460456

Stellar MLS

APN: 2001-16-1012