NOT LISTED FOR SALE

505 Simmons Ave Sarasota, FL 34232

Estimated Value: $556,000 - $701,000

4 Beds
2.5 Baths
2,408 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $747,500 $310 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,797/month

60 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Booker High School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of March 2024

Experience the epitome of luxury living in this immaculate home, meticulously
renovated, owned, and overseen by a licensed Florida General Contractor. Every inch of
this stunning residence has been thoughtfully crafted with no expense spared. Situated
in a highly coveted location just off Fruitville Road with no HOA! This rare gem boasts
four large bedrooms and office/den, two and a half baths, and office space. The upstairs
features a brand-new air conditioning unit, along with upgraded electrical and plumbing
systems throughout the home, a new metal roof, and state-of-the-art appliances. Step
inside to discover the primary bedroom conveniently located on the first floor,
showcasing luxury laminate flooring that seamlessly flows throughout the entire home.
Prepare to be wowed by the expansive garage, large enough to accommodate up to
four cars! Looking for extra space for your RV? Look no further, this home will allow you
the space to either build or park your RV right on the property!
As you approach the front door, you'll be greeted by a charming and spacious front
porch, leading into a bright and airy living room and dining area. Just beyond the dining
room, the heart of the home awaits - a thoughtfully updated kitchen where culinary
delights can be prepared while entertaining guests. Be amazed by the sprawling pantry,
offering ample storage space for all your needs. Adjacent to the kitchen, you'll find a
private office or den, providing a peaceful retreat for work or relaxation.
Indulge in the sleek elegance of granite countertops gracing both the kitchen and
bathrooms while enjoying the convenience of not one, but two separate laundry rooms
with hookups. The entire home is adorned with impact-resistant windows, providing
peace of mind, and added safety during hurricane season.
The primary bedroom is a haven of tranquility, boasting three generous closets and a
luxurious ensuite bathroom complete with double vanity. Upstairs, you'll find the
convenience of a second washer and dryer setup or additional storage. The prime
location of this impressive home ensures quick and easy access to Downtown Sarasota,
UTC, and I75, granting you access to all the area has to offer. Don't miss the opportunity
to explore the endless possibilities this remarkable home presents! Conveniently located
just a short drive from St. Armands Circle, Lido Beach, Siesta Beach, and various
Bradenton beaches, this property offers unmatched access to some of the most
breathtaking coastal destinations in Florida. Whether you're in the mood for a day of
shopping and dining at St. Armands Circle or want to bask in the sun on the pristine
shores of Lido Beach, this location provides effortless access to a wide array of
attractions. Additionally, the world-renowned Siesta Beach, famous for its powdery
white sands and crystal-clear waters, is just a short drive away. If you're looking to
explore further, Bradenton beaches offer a unique coastal experience with their
picturesque landscapes and serene surroundings. Whether you're seeking adventure or
relaxation, the proximity of this property to these stunning beaches guarantees an
unforgettable stay.

Last Agent to Sell the Property

Denise Gagne

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3501998 Listed on: 12/01/2023

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Charlotte Dixon

OWN SRQ LLC License #3502844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,024

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot
  • East Facing Home
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,408 Sq Ft Home
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Range
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Schools

  • Gocio Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,024

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2408
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1930
  • Building Area Total: 3352
  • Lot Size Sq Ft: 18384
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • RATIO Current Price By Calculate: 310.42
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-907-9595
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Ice Maker, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 223.71

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0153F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0044120008
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4024
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 4, 2024
Sold by
Watkins Scott T
Bought by
Mcdowell Andrew
Seller's Agent
Denise Gagne
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Charlotte Dixon
OWN SRQ LLC
List Price
$865,000
Sold Price
$747,500
Premium/Discount to List
-$117,500
-13.58%
Views
195
Current Estimated Value
$660,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,465
Avg. Annual Appreciation
-7.26%
Original Mortgage
$596,000
Outstanding Balance
$586,031
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$74,004

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 2, 2023
Sold by
Hinds Victoria J
Bought by
Watkins Scott T
Seller's Agent
Damon Zuchelli
SUNDANCE REAL ESTATE SERVICES
Buyer's Agent
Denise Gagne
MICHAEL SAUNDERS & COMPANY
List Price
$529,900
Sold Price
$380,000
Premium/Discount to List
-$149,900
-28.29%
Views
128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.57%
Original Mortgage
$304,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2022
Sold by
Jared Kenneth D
Bought by
Hinds Victoria J

Purchase Details

Closed on
May 29, 2013
Sold by
Jared Kenneth D and Jared Deanna S
Bought by
Jared Kenneth D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcdowell Andrew $747,500 Msc Title
Watkins Scott T $100 Msc Title
Watkins Scott T $380,000 Msc Title
Hinds Victoria J $100 None Listed On Document
Jared Kenneth D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Andrew $596,000
Previous Owner Watkins Scott T $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Sold $747,500 -5.9% $310 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $794,500 -8.2% $330 / Sq Ft
12/01/2023 12/01/23 For Sale $865,000 +127.6% $359 / Sq Ft
06/02/2023 06/02/23 Sold $380,000 -23.8% $180 / Sq Ft View Prior Sale
05/06/2023 05/06/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $499,000 -5.8% $236 / Sq Ft
03/29/2023 03/29/23 For Sale $529,900 -- $251 / 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 $4,024 $497,200 $164,600 $332,600
2023 $4,024 $289,800 $195,400 $94,400
2022 $1,702 $130,147 $0 $0
2021 $1,725 $126,356 $0 $0
2020 $1,710 $124,611 $0 $0
2019 $1,635 $121,809 $0 $0
2018 $1,581 $119,538 $0 $0
2017 $1,571 $117,079 $0 $0
2016 $1,547 $198,800 $115,400 $83,400
2015 $1,567 $188,900 $102,100 $86,800
2014 $1,560 $111,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4591139

Stellar MLS

APN: 0044-12-0008