NOT LISTED FOR SALE

505 Sunset Ave Arcadia, FL 34266

Estimated Value: $201,895 - $246,000

3 Beds
2 Baths
962 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $27,000 $28 Per Sq Ft

Est. 742% increase in value since last sale

Current estimated payment $1,376/month

7 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2012

"Short Sale". Don't miss this opportunity to acquire this handyman home. Extensive repairs will be required. Look beyond the damage, remodeling and envision your special wants and desires to make this home a great starter home for you. Special Federal loan program available purchase and renovation.

Last Agent to Sell the Property

Margaret Mardis

RE/MAX PALM REALTY License #301712 Listed on: 01/25/2012

RE/MAX PALM REALTY

Last Buyer's Agent

Margaret Mardis

RE/MAX PALM REALTY License #301712 Listed on: 01/25/2012

RE/MAX PALM REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R-1B

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 962 Sq Ft Home
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Schools

  • Desoto Middle School
  • Desoto County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Howard Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 962
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1460
  • Lot Size Sq Ft: 11583
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7031179&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7031179&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 0346
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 28.07
  • Close to Original List Price Ratio: 0.9
  • Ratio: Current Price\Building Area Total: 18.49
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0346-00D0-0040
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 23.25
  • Future Land Use: 000100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-08-22T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 746
  • Tax Block: 00D0
  • Tax Lot: 0040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Aug 22, 2012
Sold by
Tompkins Patty L and Tompkins Brian K
Bought by
Benitez Roberto and Benitez Eloisa
Seller's Agent
Margaret Mardis
RE/MAX PALM REALTY
Buyer's Agent
Margaret Mardis
RE/MAX PALM REALTY
List Price
$27,000
Sold Price
$27,000
Current Estimated Value
$227,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,474
Avg. Annual Appreciation
17.29%

Purchase Details

Closed on
Nov 30, 2005
Sold by
Delong Scott A and Delong Sandra E
Bought by
Tompkins Brian K and Tompkins Patty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Schafer Claire Ellen and Schroeder Margaret M
Bought by
Delong Sandra E and Delong Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,080
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benitez Roberto $27,000 Arcadia Abstract & Title Com
Tompkins Brian K $115,000 Desoto Abstract & Title Co
Delong Sandra E $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tompkins Brian K $92,000
Previous Owner Delong Sandra E $53,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2012 08/22/12 Sold $27,000 0.0% $28 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $27,000 -- $28 / 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 $2,211 $142,875 -- --
2023 $2,094 $136,118 $18,000 $118,118
2022 $2,270 $88,975 $0 $0
2021 $2,019 $88,811 $9,000 $79,811
2020 $1,881 $80,882 $9,000 $71,882
2019 $1,778 $79,206 $9,000 $70,206
2018 $1,627 $69,416 $0 $69,416
2017 $1,362 $59,304 $0 $59,304
2016 $1,397 $52,033 $0 $52,033
2015 $1,255 $45,658 $0 $45,658
2014 $1,232 $44,951 $0 $44,951
Source: Public Records

Agents Affiliated with this Home

  • Margaret Mardis

    Seller's Agent in 2012

    Margaret Mardis

    RE/MAX

    (863) 990-1877

    13 in this area

    105 Total Sales

    Margaret Mardis
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Map

Source: Stellar MLS

MLS Number: C7031179

Stellar MLS

APN: 25-37-24-0346-00D0-0040

Florida DeSoto County Arcadia 34266

505 Sunset Ave, Arcadia, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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