NOT LISTED FOR SALE

501 Sinclair Dr Sarasota, FL 34240

Estimated Value: $788,000 - $1,094,000

2 Beds
2 Baths
2,095 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $485,000 $232 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,095/month

293 Days on Market

Highlights

  • Furnished
  • No HOA
  • 4 Car Attached Garage
  • Tatum Ridge Elementary School Rated A-
  • Balcony
  • Built-In Features

About This Home

As of August 2019

2nd MASSIVE PRICE REDUCTION!! VERY Motivated seller! This 5 Acre wooded lot is in a prime location close to downtown. Situated in a private setting, a unique private house with a metal roof. One Big bedroom and two lofts (one of which could be used as a bedroom). 2 full bathrooms. The main living area is situated on the second floor with a screened in porch to watch the wildlife go by. A huge garage that will hold 4-5 cars that is adjacent to 3 "stalls" where an addition three vehicles could be put under cover. There are various out buildings, one of which consists of a quonset hut that's 40'x44'! It's the perfect work shop with an office and a loft inside! Build your dream house or start your own nursery. There's room to build a second home on the property and the water and electricity is already run. The possibilities are endless. There's even an electric entrance gate off a private paved road. Walk the serenity of the property and gaze out over the pond with it's own fountain. New AC in 2017. New Roof in 2012. Furnished. This property is not deed restricted.

Last Agent to Sell the Property

Roger Dare Slaalien

BRIGHT REALTY License #3347993 Listed on: 07/15/2018

BRIGHT REALTY

Last Buyer's Agent

Alison Selzler

EXIT KING REALTY License #3344886

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 1993

Lot Details

  • 5.63 Acre Lot
  • Property is zoned OUR

Parking

  • 4 Car Attached Garage
  • 3 Carport Spaces

Home Design

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

Interior Spaces

  • 2,095 Sq Ft Home
  • Furnished
  • Built-In Features
  • Basement

Kitchen

  • Built-In Oven
  • Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Not Part Of A Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2095
  • Lot Size Acres: 5.63
  • New Construction: No
  • Year Built: 1993
  • Lot Size Sq Ft: 245059
  • Directions to Property: from I75 head East on Fruitville Road for 5 miles just past Lorraine Rd turn left on Sinclair property down a few lots on right
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408465&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408465&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97019
  • Price per Sq Ft: 231.5
  • Close to Original List Price Ratio: 0.84362
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features
  • Appliances Included: Built-In Oven, Cooktop, Dryer, Refrigerator, Washer
  • Foundation Details: Basement, Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 501
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0160F

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: OUR
  • Parcel Number: 0206100004
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2595
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2018
Closed on
Jul 31, 2019
Sold by
Kauffman Kent Jay and Kauffman Cynthia M
Bought by
Selzler John and Selzler Alison
Seller's Agent
Roger Dare Slaalien
BRIGHT REALTY
Buyer's Agent
Alison Selzler
EXIT KING REALTY
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Current Estimated Value
$894,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,027
Avg. Annual Appreciation
10.30%
Original Mortgage
$436,500
Outstanding Balance
$382,529
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$511,498

Purchase Details

Closed on
Apr 16, 1999
Sold by
Clark Mary H
Bought by
Kauffman Kent J and Kauffman Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.13%
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
Selzler John $485,000 Integrity Title Services Inc
Kauffman Kent J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selzler John $436,500
Previous Owner Kauffman Kent J $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $485,000 -3.0% $232 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
04/21/2019 04/21/19 For Sale $499,900 0.0% $239 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/06/2019 01/06/19 Price Changed $499,900 -9.9% $239 / Sq Ft
11/10/2018 11/10/18 Price Changed $554,900 -3.5% $265 / Sq Ft
07/15/2018 07/15/18 For Sale $574,900 -- $274 / 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 $4,867 $394,202 -- --
2023 $4,867 $382,720 $0 $0
2022 $4,700 $371,573 $0 $0
2021 $4,661 $360,750 $0 $0
2020 $4,670 $355,769 $0 $0
2019 $2,666 $198,333 $0 $0
2018 $2,596 $194,635 $0 $0
2017 $2,582 $190,632 $0 $0
2016 $2,705 $346,800 $177,400 $169,400
2015 $2,744 $330,500 $171,700 $158,800
2014 $2,733 $181,223 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4408465

Stellar MLS

APN: 0206-10-0004