4970 Brookmeade Dr Sarasota, FL 34232
3
Beds
1
Bath
899
Sq Ft
7,680
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- No HOA
- Walk-In Closet
- Sarasota High School Rated A-
- 1 Car Attached Garage
- Living Room
About This Home
As of April 2025DUE TO MULTIPLE OFFERS, BEST AND FINAL NEED TO BE SUBMITTED BY SUNDAY MARCH 16 AT 5:00PM. This prime property in sought-after Ridgewood Estates offers a rare investment opportunity! Whether you choose to renovate the existing 3-bedroom, 1-bathroom home or start fresh with new construction, the possibilities are endless. With Sarasota’s continued market growth and high rental demand, this lot is perfect for investors looking to maximize returns.
Located in Sarasota City, this property can be transformed into an income-producing rental or a brand-new dream home. Its unbeatable location near I-75, top dining, shopping, and Siesta Key Beach makes it a valuable asset for short-term visitors and long-term residents alike. Don’t miss out on this incredible opportunity!
Last Agent to Sell the Property
COMPASS FLORIDA LLC License #3534002 Listed on: 03/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $941
Year Built
- Built in 1970
Lot Details
- 7,680 Sq Ft Lot
- North Facing Home
- Property is zoned RSF3
Parking
- 1 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Wood Siding
- Concrete Siding
Interior Spaces
- 899 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Tile Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
Outdoor Features
- Outdoor Storage
- Private Mailbox
Community Details
- No Home Owners Association
- Ridgewood Estates Community
- Ridgewood Estates 08 Add Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 410
- Assessor Parcel Number 0063070025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Apr 8, 2025
Sold by
Bhau Llc
Bought by
Jmb Management Development Group Llc
Seller's Agent
Karli Campbell
COMPASS FLORIDA LLC
Buyer's Agent
Karli Campbell
COMPASS FLORIDA LLC
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
120.38%
Original Mortgage
$198,875
Outstanding Balance
$198,875
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$8,749
Purchase Details
Closed on
Mar 17, 2003
Sold by
Litz Michael A
Bought by
Arnett Robert E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 29, 1993
Sold by
Litz Michael A and Litz Nerissa L
Bought by
Litz Michael A
Purchase Details
Closed on
Jul 30, 1993
Sold by
Lynch Ronald J
Bought by
Litz Michael A and Litz Nerissa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,405
Interest Rate
7.34%
Mortgage Type
FHA
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-
$140,000
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Foreclosure Auction Ends August 07, 2025 at 09:00 AM EST. Explore this 3-bedroom, 2-bathroom home offering comfort and potential in Sarasota. Sold As is with Clear Title. Explore more details and submit your bid through Federa Home App.
Jamie Boone Federa
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Brownstone Title Services Llc | |
| Warranty Deed | $105,000 | Brownstone Title | |
| Warranty Deed | $122,900 | -- | |
| Quit Claim Deed | $30,500 | -- | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $198,875 | Construction | |
| Previous Owner | $31,400 | New Conventional | |
| Previous Owner | $84,500 | Purchase Money Mortgage | |
| Previous Owner | $65,405 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $339,000 | -2.9% | $276 / Sq Ft |
| 07/08/2025 07/08/25 | For Sale | $349,000 | +132.7% | $284 / Sq Ft |
| 04/08/2025 04/08/25 | Sold | $150,000 | -11.8% | $167 / Sq Ft |
| 03/16/2025 03/16/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $170,000 | -- | $189 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $876 | $71,703 | -- | -- |
| 2023 | $876 | $69,615 | $0 | $0 |
| 2022 | $829 | $67,587 | $0 | $0 |
| 2021 | $837 | $65,618 | $0 | $0 |
| 2020 | $823 | $64,712 | $0 | $0 |
| 2019 | $779 | $63,257 | $0 | $0 |
| 2018 | $745 | $62,078 | $0 | $0 |
| 2017 | $745 | $60,801 | $0 | $0 |
| 2016 | $761 | $104,300 | $47,600 | $56,700 |
| 2015 | $755 | $83,700 | $39,600 | $44,100 |
| 2014 | $754 | $57,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Koleno
Seller's Agent in 2025
Steven Koleno
BEYCOME OF FLORIDA LLC
(312) 300-6768
6 in this area
11,203 Total Sales
-
Karli Campbell
K
Seller's Agent in 2025
Karli Campbell
COMPASS FLORIDA LLC
(941) 375-2456
1 in this area
18 Total Sales
-
Betina Mladenova
Seller Co-Listing Agent in 2025
Betina Mladenova
COMPASS FLORIDA LLC
(941) 350-5774
1 in this area
2 Total Sales
-
Karie Backman
Buyer Co-Listing Agent in 2025
Karie Backman
KELLER WILLIAMS ON THE WATER S
(941) 404-8389
8 in this area
124 Total Sales
Map
Source: Stellar MLS
MLS Number: A4644655
APN: 0063-07-0025
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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