518 Adelia Ave Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated Value: $641,000 - $846,000
2
Beds
1
Bath
1,015
Sq Ft
$698/Sq Ft
Est. Value
Highlights
- Property is near a marina
- Craftsman Architecture
- Property is near public transit
- Booker High School Rated A-
- Deck
- Living Room with Fireplace
About This Home
As of June 2022Live the ultimate Sarasota lifestyle in this beautifully updated bungalow in the perfectly located Gillespie Park neighborhood. This historic home is full of preserved architectural features including real wood floors, large scale baseboards, and classic-style trims. Walls of windows let in plentiful sunlight that bounces around the oversized rooms. The thoughtful kitchen renovation includes stainless steel appliances, butcher block counters, and refinished cabinets. A clever built-in breakfast bar provides a great place to eat or extra space to prep and serve. Plentiful living space continues outdoors where the deep front porch (featured in a 2020 Sarasota Magazine article about Gillespie Park) comfortably accommodates plenty of seating so that you can truly be a part of this "front porch neighborhood." The fully fenced backyard is an extension of the home as a private place to spend time while staying cool in the shade thanks to the mature canopy that the Gillespie Park neighborhood is known for. The detached garage is perfect for a yoga or painting studio, a home gym, or as a place to create a detached guest quarters. Additional upgrades include a new roof with hurricane straps (2020), tankless gas water heater (2017), PVC pipes, and the rebuilding and lining of the original brick chimney. Located a block from the shops and restaurants of the Rosemary District, 0.3 miles from Downtown Sarasota's core, and just blocks to the boutiques and restaurants of the historic downtown village you will never run out of locally-owned spots to eat, drink, or shop. Outdoor activities are also easily accessible since the home is located just blocks to both the Bay Runner trolley stop (a free ride to Lido Beach!) and Gillespie Park (a 10 acre park featuring shaded trails, playground, dog park, and tennis/pickleball and basketball courts). Don't miss this opportunity to own a piece of Sarasota's past while enjoying all that this beautiful city on the Bay has to offer.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3300126 Listed on: 03/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,141
Year Built
- Built in 1935
Lot Details
- 4,790 Sq Ft Lot
- Lot Dimensions are 50x96
- West Facing Home
- Board Fence
- Mature Landscaping
- Historic Home
- Property is zoned DTN
Parking
- 1 Car Garage
- Driveway
Home Design
- Craftsman Architecture
- Bungalow
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,015 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
- Crawl Space
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Property is near a marina
- Deck
- Covered patio or porch
- Outdoor Storage
Location
- Property is near public transit
- City Lot
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Legal Lot and Block 4 / K
- Assessor Parcel Number 2026100040
Community Details
Overview
- No Home Owners Association
- Pritchard Frank Sub Lot 3 Blk K Pos Community
- Pritchard Frank Subdivision
Recreation
- Tennis Courts
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2022
Closed on
Jun 1, 2022
Sold by
Meara Fairchild Emily
Bought by
Perlov Jane
Seller's Agent
Amanda Gilliland
COLDWELL BANKER REALTY
Buyer's Agent
Joseph McDonald
THE KEYES COMPANY - SARASOTA
List Price
$699,900
Sold Price
$725,000
Premium/Discount to List
$25,100
3.59%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,384
Avg. Annual Appreciation
-0.73%
Purchase Details
Closed on
Sep 5, 2014
Sold by
Fairchild Emily Meara
Bought by
Fairchild Emily Meara and Puls Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,010
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2008
Sold by
King Mary E
Bought by
Fairchild Emily Meara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 28, 2003
Sold by
Ellis Brian S
Bought by
King Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.17%
Purchase Details
Closed on
Dec 21, 1999
Sold by
Siber Bruce A
Bought by
Ellis Brian S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,901
Interest Rate
7.68%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 23, 1997
Sold by
Jensen Lisha D
Bought by
Siber Bruce A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.7%
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perlov Jane | $725,000 | Msc Title | |
| Fairchild Emily Meara | $78,600 | Stewart Title Guaranty | |
| Fairchild Emily Meara | $200,000 | Msc Title Inc | |
| King Mary E | $185,000 | -- | |
| Ellis Brian S | $80,000 | -- | |
| Siber Bruce A | $37,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fairchild Emily Meara | $163,010 | |
| Previous Owner | Fairchild Emily Meara | $170,000 | |
| Previous Owner | King Mary E | $145,600 | |
| Previous Owner | Ellis Brian S | $83,700 | |
| Previous Owner | Ellis Brian S | $79,901 | |
| Previous Owner | Siber Bruce A | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $725,000 | +3.6% | $714 / Sq Ft |
| 03/20/2022 03/20/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $699,900 | -- | $690 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $5,548 | $427,932 | -- | -- |
| 2023 | $5,548 | $404,400 | $277,200 | $127,200 |
| 2022 | $1,128 | $105,743 | $0 | $0 |
| 2021 | $1,141 | $102,663 | $0 | $0 |
| 2020 | $1,113 | $99,175 | $0 | $0 |
| 2019 | $1,073 | $96,945 | $0 | $0 |
| 2018 | $1,048 | $95,137 | $0 | $0 |
| 2017 | $1,028 | $93,180 | $0 | $0 |
| 2016 | $1,031 | $130,700 | $75,000 | $55,700 |
| 2015 | $1,044 | $109,400 | $65,200 | $44,200 |
| 2014 | $1,037 | $88,581 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Gilliland
A
Seller's Agent in 2022
Amanda Gilliland
COLDWELL BANKER REALTY
(941) 320-1132
12 in this area
37 Total Sales
-
Joseph McDonald
Buyer's Agent in 2022
Joseph McDonald
THE KEYES COMPANY - SARASOTA
(941) 375-9646
12 in this area
46 Total Sales
Map
Source: Stellar MLS
MLS Number: A4528704
APN: 2026-10-0040
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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