NOT LISTED FOR SALE

500 N Jefferson Ave Unit I5 Sarasota, FL 34237

Downtown Sarasota Neighborhood

Estimated Value: $151,715 - $181,000

2 Beds
1 Bath
847 Sq Ft
$275/mo HOA Fee

Last Sold August 20, 2020

Last sale price $113,000 $133 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,444/month

35 Days on Market

Highlights

  • Heated In Ground Pool
  • 4.61 Acre Lot
  • Property is near public transit
  • Booker High School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of August 2020

This adorable condo is just a short bike ride to downtown Sarasota & beautiful Lido Beach and, whether you are a vacationer or investor, it is ready for you! Jefferson Club is a quaint condo community with winding sidewalks surrounded by pretty landscaping leading up to each residence, and this particular home is located in the quiet back of the complex. Enter through one of your TWO large patios (both fenced, one in front, one in back) into an open floor plan with high ceilings and clerestory windows that make the space sunny & bright - what an ideal Florida getaway! The kitchen is a nice size and it's open to the living space, and there is also a dining area overlooking the patio, plus tile throughout means you can come in straight from the beach with no carpet to worry about. The large master bedroom also has vaulted ceilings, and both bedrooms have doors that lead right out to the back patio - the perfect spot for lounging or planting your Florida garden! The AC is brand new and there are other updates throughout that make this condo move-in ready & worry-free, such as the new ceiling fans and bathroom vanity. This property is an ideal vacation or full-time residence for those wanting to be close to downtown and the beaches at an incredible price, and it also could be an excellent investment opportunity (past tenants were paying $1200/month for an annual lease). All that is missing here is you...Now is the time to start enjoying life in sunny & vibrant Sarasota, so take a look today!

Last Agent to Sell the Property

Allison Werner

MICHAEL SAUNDERS & COMPANY License #3222313 Listed on: 07/01/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Richard Dear

SUNCOAST LUXURY PROPERTIES License #0654603

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,405

Year Built

  • Built in 1974

Lot Details

  • West Facing Home
  • Wood Fence
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 847 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Family Room Off Kitchen
  • Storage Room
  • Laundry in unit
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Tuttle Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Jefferson Club / Carol Farr Association, Phone Number (941) 366-8862
  • Jefferson Club Community
  • Jefferson Club Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,405

Year Built

Built in 1974

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 847
  • Lot Size Acres: 4.61
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 847
  • Lot Size Sq Ft: 200732
  • Directions to Property: From Fruitville & Beneva, go west on Fruitville to a right on N. Jefferson Avenue. Go through the stop sign and then turn right into the second Jefferson Club entrance. The building is down a sidewalk to the right at the far end of the parking, so park as far in as possible. Once you go down the sidewalk, the condo will be on your right and it is marked I-5.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471051?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471051?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.904
  • Price per Sq Ft: 133.41
  • Close to Original List Price Ratio: 0.904
  • Ratio: Current Price\Building Area Total: 133.41
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 500
  • Room Count: 6
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Fenced, French Doors, Lighting
  • Roof: Metal
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0134F
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Monthly
  • Association Name: Jefferson Club / Carol Farr
  • Phone: 941-366-8862
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 275
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 275
  • Amenities Additional Fees: Community laundry facility is available.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3300
  • Total Monthly Fees: 275

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 2028103053
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: FloodZone, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Please see condo docs for full guidelines.
  • Num Timesper Year: 3
  • Pet Restrictions: Please see HOA restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see condo docs for full guidelines.

Tax Info

  • Tax Annual Amount: 1405
  • Tax Book Number: 1325-1840
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 20, 2020
Sold by
Doyle Tim
Bought by
Hyatt Kimberly
Seller's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Richard Dear
SUNCOAST LUXURY PROPERTIES
List Price
$125,000
Sold Price
$113,000
Premium/Discount to List
-$12,000
-9.6%
Current Estimated Value
$183,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,541
Avg. Annual Appreciation
10.03%

Purchase Details

Listed on
Aug 14, 2012
Closed on
Jan 22, 2013
Sold by
Fairweather Jessica and Zack Jessica
Bought by
Doyle Tim
Seller's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Allison Werner
MICHAEL SAUNDERS & COMPANY
List Price
$64,000
Sold Price
$56,000
Premium/Discount to List
-$8,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
May 4, 2005
Sold by
James Deborah E
Bought by
Zack Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2003
Sold by
Carrier Judith B
Bought by
James Deborah E

Purchase Details

Closed on
Oct 31, 1997
Sold by
Kirkpatrick Linda F
Bought by
Carrier Judith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,200
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Hyatt Kimberly $113,000 Attorney
Doyle Tim $56,000 Barnes Walker Title Inc
Zack Jessica $165,000 First American Title Ins Co
James Deborah E -- --
Carrier Judith B $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gudgel Rechelle $156,900
Previous Owner Zack Jessica $115,500
Previous Owner Carrier Judith B $31,200
Closed Zack Jessica $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $113,000 -9.6% $133 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $125,000 +123.2% $148 / Sq Ft
01/22/2013 01/22/13 Sold $56,000 -12.5% $66 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $64,000 -- $76 / 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 $2,024 $121,520 -- --
2023 $2,024 $140,600 $0 $140,600
2022 $1,957 $141,300 $0 $141,300
2021 $1,609 $91,300 $0 $91,300
2020 $1,477 $80,800 $0 $80,800
2019 $1,405 $78,300 $0 $78,300
2018 $1,336 $76,800 $0 $76,800
2017 $1,187 $62,200 $0 $62,200
2016 $1,276 $75,700 $0 $75,700
2015 $1,076 $52,500 $0 $52,500
2014 $1,042 $33,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4471051

Stellar MLS

APN: 2028-10-3053