NOT LISTED FOR SALE

Estimated Value: $358,000 - $416,000

4 Beds
4 Baths
2,012 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2021

Last sale price $282,000 $140 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,433 / mo

9 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Open Floorplan
  • Sun or Florida Room
  • Lake View
  • Property is near golf course and public transit
  • No HOA

About This Home

As of June 2021

Excellent Income Opportunity awaits with this DUPLEX WITH 2 beds & 2 baths in EACH UNIT, on McCollum Lake, with Riparian rights AND NOT in a Flood Zone! New 25 yr. Roof Installed 4/16/21. BOTH Units boast New Replacement Windows, Screens, with Exterior's Wrapped and Vinyl Sided. Split Central AC Systems(2013), Updated Kit Cabinets, Counters, Bathroom Updates include Vanities, HT WTR HTR'S, Ceramic Tile floors, Disposals, Dishwashers, Refrigerators, Range's with Hoods. Laundry Rooms with W/D's. Updated 100 amp Elect Panel's. Replacement of all Sewer Pipe Lines to road. A large fenced yard with the LAKE at your back, ready for days of gardening, of kayaking, canoeing, fishing from your boat with (electric only) trolling motor. This property is a rare gem. Approx. 8 miles from Anna Maria Island. Close to Barnum & Bailey Museum, Sarasota Bay, Bradenton Boardwalk, and so much more.

Duplex is being sold with Excellent Long-term Tenants in place. Both sides have leases that expire 12/31/21. Tenants would like the opportunity to re-new lease when the time comes.
Realtor's take note: ONLY serious buyers with letters, showing Verifications of Funds, or Letters of Pre-Approval will be allowed to view the Units. Seller requires a min. 5000.00 Escrow Deposit, with Contracts. Duplex is being sold "AS IS" with right to inspect.

MASKS REQUIRED. UNIT 4931 HAS VERY SWEET, SMALL DOG, NAMED SPARKY. PLEASE WATCH OUT THAT DOG DOES NOT GET OUT!
PLEASE CALL GAIL ROBINSON FOR ALL SHOWINGS. TENANTS REQUIRE AS CLOSE TO 24 HRS WHEN POSSIBLE.
NO SAME DAY APPOINTMENTS. TRY TO SHOW BETWEEN 10AM & 5:00

Last Agent to Sell the Property

Marla Blair Sarlan

BAYSHORE REALTY INC License #3409411 Listed on: 04/20/2021

Last Buyer's Agent

Lissette Colon

LPT REALTY, LLC License #3411682

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,579

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • 70 Feet of Waterfront
  • Lake Front
  • Unincorporated Location
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Split Bedroom Floorplan
  • 2,012 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Property is near a marina
  • No Wake Zone
  • Powered Boats Permitted
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near golf course and public transit
  • City Lot

Schools

  • Bayshore Elementary School
  • Louise R. Johnson Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2,244 Sq Ft Building
  • Lake Hill Sub Community
  • Lake Hill Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Tax Lot 5
  • Assessor Parcel Number 5254600751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,579

Year Built

Built in 1980

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2012
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2244
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8276
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498328?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498328?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97578
  • Price per Sq Ft: 140.16
  • Close to Original List Price Ratio: 0.97578
  • Ratio: Current Price\Building Area Total: 125.67
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Additional Rooms: Florida Room, Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced, Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Mccollum"s Lake Et Al
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: No Wake Zone, Powerboats – None Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 70
  • Water Frontage Feet Lake: 70
  • Additional Water Information: No seawall, No Dock, 16 ft above Flood Plain, Kayaks, Canoe's, Single-Man Pontoon Boat, Small Boats with Quiet Electric Trolling Motor. NO FUEL PERMITTED. FISHING PERMITTED.
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: Bayshore Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Louise R. Johnson Middle

Lot Info

  • Zoning: RDD6
  • Parcel Number: 5254600751
  • Additional Parcels: No
  • Lot Features: City Lot, In County, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Unincorporated
  • Lot Dimensions: 70x
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Lake

Tax Info

  • Tax Annual Amount: 2578.98
  • Tax Book Number: 20-150
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 11, 2021
Sold by
Bought by
Seller's Agent
Marla Blair Sarlan
BAYSHORE REALTY INC
Buyer's Agent
Lissette Colon
LPT REALTY, LLC
List Price
$289,000
Sold Price
$282,000
Premium/Discount to List
-$7,000
-2.42%
Current Estimated Value
$382,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,085
Avg. Annual Appreciation
6.16%
Original Mortgage
$286,440
Interest Rate
0.029%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
0.0625%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bought by

Purchase Details

Closed on
May 28, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$282,000 Brown & Assc Law & Ttl Pa
$206,000 Attorney
$115,000 --
$115,000 --
$102,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $286,440
Closed $164,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $282,000 -2.4% $140 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $289,000 -- $144 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,856 $293,991 $45,900 $248,091
2024 $4,856 $293,991 $45,900 $248,091
2023 $4,856 $303,657 $45,900 $257,757
2022 $4,319 $254,124 $45,000 $209,124
2021 $2,707 $190,875 $35,000 $155,875
2020 $2,579 $170,639 $30,000 $140,639
2019 $2,470 $166,674 $30,000 $136,674
2018 $2,273 $149,110 $20,000 $129,110
2017 $1,989 $136,000 $0 $0
2016 $1,894 $127,500 $0 $0
2015 $1,360 $91,000 $0 $0
2014 $1,360 $66,334 $0 $0
2013 $1,226 $56,466 $13,950 $42,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4498328

Stellar MLS

APN: 52546-0075-1

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