NOT LISTED FOR SALE

516 Albritton Ave Sarasota, FL 34232

Estimated Value: $159,000 - $300,000

2 Beds
1 Bath
798 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 31, 2012

Last sale price $61,900 $78 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $1,508/month

47 Days on Market

Highlights

  • No HOA
  • Mature Landscaping
  • Carpet
  • Fruitville Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2012

Cozy 2 bedroom 1 bath home... would make a great starter home or investment property! Needs some TLC. No deed restrictions. Enjoy the screened in patio. Large yard kept cool and shaded with mature trees covered with moss giving it that southern feel! HUGE fenced in yard with a utility shed. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Financing.Up to $2500 moving expense credit may be available on this property for buyers! Ask the agent. Eligibility restrictions apply." Multiple offer deadline at noon Wednesday 7-11. Please submit your highest and best offer by deadline!

Last Agent to Sell the Property

Bill Howell

HOOK & LADDER REALTY INC License #0696031 Listed on: 05/31/2012

Last Buyer's Agent

Bill Howell

HOOK & LADDER REALTY INC License #0696031 Listed on: 05/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $995

Year Built

  • Built in 1957

Lot Details

  • 10,500 Sq Ft Lot
  • Mature Landscaping
  • Property is zoned RSF2

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 798 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Honore Crossing Community
  • Green Acres Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$995

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 798
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1090
  • Lot Size Sq Ft: 10500
  • Directions to Property: North on Honore, right on Sawgrass Road, right into Albritton Ave
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3961129&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3961129&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1116
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 1.03339
  • Price per Sq Ft: 77.57
  • Close to Original List Price Ratio: 0.95378
  • Ratio: Current Price\Building Area Total: 56.79
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 20

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 516
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • 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 Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0047140029
  • Additional Parcels: No
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2012-07-31T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 995
  • Tax Block: G
  • Tax Book Number: 0007/0068
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2012
Closed on
Jul 31, 2012
Sold by
Fannie Mae
Bought by
Warn Matthew
Seller's Agent
Bill Howell
HOOK & LADDER REALTY INC
Buyer's Agent
Bill Howell
HOOK & LADDER REALTY INC
List Price
$61,900
Sold Price
$61,900
Current Estimated Value
$225,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,833
Avg. Annual Appreciation
11.30%

Purchase Details

Listed on
May 31, 2012
Closed on
Jun 1, 2012
Sold by
Lanier Robert S
Bought by
Federal National Mortgage Association
Seller's Agent
Bill Howell
HOOK & LADDER REALTY INC
Buyer's Agent
Bill Howell
HOOK & LADDER REALTY INC
List Price
$61,900
Sold Price
$61,900

Purchase Details

Closed on
Jan 21, 2005
Sold by
Lanier Sarah E
Bought by
Lanier Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1994
Sold by
Warren Waymon L
Bought by
Lanier Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,936
Interest Rate
8.56%
Mortgage Type
FHA
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
Warn Matthew $61,900 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Lanier Robert S $139,000 First American Title Ins Co
Lanier Sarah E $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanier Robert S $60,000
Previous Owner Lanier Robert S $111,200
Previous Owner Lanier Sarah E $51,765
Previous Owner Lanier Sarah E $53,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2012 07/31/12 Sold $61,900 0.0% $78 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $61,900 -- $78 / 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 $3,357 $135,576 -- --
2023 $3,303 $150,300 $99,200 $51,100
2022 $3,175 $135,200 $85,600 $49,600
2021 $1,681 $107,900 $63,500 $44,400
2020 $1,537 $92,600 $48,800 $43,800
2019 $1,513 $98,700 $61,900 $36,800
2018 $1,417 $94,700 $48,400 $46,300
2017 $1,316 $70,543 $0 $0
2016 $1,196 $71,000 $39,800 $31,200
2015 $1,155 $66,700 $40,700 $26,000
2014 $1,023 $48,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3961129

Stellar MLS

APN: 0047-14-0029