NOT LISTED FOR SALE

51 and 53 Old Englewood Rd Englewood, FL 34223

Old Englewood Village Neighborhood

Estimated Value: $287,000 - $366,000

2 Beds
2 Baths
1,275 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $390,000 $306 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,076/month

262 Days on Market

Highlights

  • Full Bay or Harbor Views
  • No HOA
  • Mini Split Air Conditioners
  • Englewood Elementary School Rated A-
  • Oversized Parking
  • 1-minute walk to Veteran's Memorial Park

About This Home

As of September 2022

This unique property includes a duplex and a 572 square foot garage situated on .33 acres just a block from Dearborn Street. Both sides are currently rented, and the garage could be rented or used for owner's storage. Built in 1963 but considered in 1993 condition by Sarasota County, this property has newer mini split units on each side and the roof was replaced as well. The large lot boasts a great deal of parking as there is a large concrete circle drive on the back of the main building that extends to the garage. Adjacent to the garage is a storage shed on one side and a parking pad with a 30 amp power outlet to accommodate an RV on the other side. Within a very short distance you will find a convenience store, a public park overlooking Lemon Bay, and Dearborn Street which hosts popular community events such as a farmer's market, car shows, concerts, and even a circus. Part of a special overlay district, this property can be used for both residential and business purposes. Englewood is a special place on the West coast of Florida with larger population centers in each direction. The beaches, fishing, and other water sports are a major attraction to many who spend their vacations in the area. Click on the virtual tour button for a self guided walk through of the property.

Last Agent to Sell the Property

Steve LeVasseur

PLACE IN THE SUN REAL ESTATE, LLC License #3329162 Listed on: 07/25/2021

Last Buyer's Agent

Steve LeVasseur

PLACE IN THE SUN REAL ESTATE, LLC License #3329162 Listed on: 07/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,808

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 109.4 x 130

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Duplex
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,275 Sq Ft Home
  • Ceiling Fan
  • Terrazzo Flooring
  • Full Bay or Harbor Views
  • Range

Outdoor Features

  • Exterior Lighting

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 1,275 Sq Ft Building
  • Englewood Plat Of Community
  • Englewood Of Subdivision
  • Community features wheelchair access

Building Details

  • Gross Income $21,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,808

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1275
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 1275
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 14222
  • Directions to Property: From 776 heading North, turn left onto Dearborn Street and continue to the end. Turn right onto Old Englewood Road and the house is on your right. Please note Cocoanut Street (one block and running parallel to Dearborn Street) is now one way heading West. There is on street parking and access to the large rear lot here. There are also multiple spaces available on the Old Englewood Road side, but access will be from the opposite side of the building.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6120315?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6120315?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 305.88
  • Close to Original List Price Ratio: 0.86667
  • Ratio: Current Price\Building Area Total: 305.88
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Thermostat
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 51 and 53
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: There is a partial view of Lemon Bay from one window.
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Underground Utilities, Water Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Wheelchair Access
  • Association: No
  • Senior Community: No
  • S W Subdiv Condo Num: 54
  • Association Approval Required YN: No

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0497140040
  • Additional Parcels: No
  • Lot Dimensions: 109.4 x 130
  • Flood Zone Code: AE11
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1830
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 21960
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2807.88
  • Tax Block: T
  • Tax Book Number: A/29
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Sep 11, 2022
Sold by
Lori-Nan Mihaley Living Trust
Bought by
Buchans Bayside Inc
Seller's Agent
Steve LeVasseur
PLACE IN THE SUN REAL ESTATE, LLC
Buyer's Agent
Steve LeVasseur
PLACE IN THE SUN REAL ESTATE, LLC
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Views
32
Current Estimated Value
$324,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,350
Avg. Annual Appreciation
-5.95%

Purchase Details

Closed on
Jan 12, 2007
Sold by
Purdy Grace M and Beech Diann L
Bought by
Mihaley Lori Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Buchans Bayside Inc $390,000 None Listed On Document
Mihaley Lori Nan $180,000 Chelsea Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mihaley Lori Nan $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $390,000 -13.3% $306 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $450,000 -- $353 / 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 $4,150 $248,300 $93,400 $154,900
2023 $4,150 $258,000 $87,600 $170,400
2022 $3,140 $195,800 $79,700 $116,100
2021 $2,808 $166,700 $70,000 $96,700
2020 $2,516 $135,200 $45,200 $90,000
2019 $2,244 $117,300 $27,200 $90,100
2018 $2,141 $120,200 $37,700 $82,500
2017 $1,882 $89,700 $24,200 $65,500
2016 $1,809 $83,300 $23,100 $60,200
2015 $1,758 $78,200 $29,500 $48,700
2014 $1,739 $67,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve LeVasseur

    Seller's Agent in 2022

    Steve LeVasseur

    PLACE IN THE SUN REAL ESTATE, LLC

    (941) 875-2330

    3 in this area

    71 Total Sales

    Steve LeVasseur
    Section Image
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Map

Source: Stellar MLS

MLS Number: D6120315

Stellar MLS

APN: 0497-14-0040

Florida Sarasota County Englewood 34223 Old Englewood Village

51 and 53 Old Englewood Rd, Englewood, FL

This home is located at 51 and 53 Old Englewood Rd, Englewood, FL 34223 since 25 July 2021 and is currently estimated at $324,650, approximately $254 per square foot. This property was built in 1963. 51 and 53 Old Englewood Rd is a home located in Sarasota County with nearby schools including Englewood Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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