NOT LISTED FOR SALE

5320 Nutmeg Ave Sarasota, FL 34231

Estimated Value: $258,000 - $352,000

2 Beds
1 Bath
972 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $71,312 $73 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,856/month

3 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • No HOA
  • Riverview High School Rated A
  • Corner Lot
  • Mature Landscaping

About This Home

As of February 2012

Bank-Owned; Fixer-Upper; Sold As-Is. This two bedroom, one bathroom home with an attached one-car garage features a spacious eat-in kitchen, low maintenance terrazzo floors, an oversized master bedroom, screened porch, and the privacy of being the last lot on a dead-end street. The location is close to Siesta Key, Clark Rd, US 41, shops, dining, and entertainment. With some work, this could be a perfect rental or a fix-and-flip. Don't miss out on this incredibly priced opportunity! AGENTS: Please see the Realtor Only Remarks Section for instructions on showings, questions, and offers.

Last Agent to Sell the Property

Drew Peterson

FINE PROPERTIES License #3174812 Listed on: 02/03/2012

FINE PROPERTIES

Last Buyer's Agent

Lee Ann Willock

HORIZON PROPERTIES OF SARASOTA License #0630293

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1967

Lot Details

  • 0.29 Acre Lot
  • Street terminates at a dead end
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 972 Sq Ft Home
  • Sliding Doors
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sun Haven Community
  • Sun Haven Unit 5 Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 0088030033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 972
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 1573
  • Lot Size Sq Ft: 12746
  • Directions to Property: East on Clark to North on Nutmeg, follow to very end of street on left side
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1608
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.29894
  • Price per Sq Ft: 73.37
  • Close to Original List Price Ratio: 1.29894
  • Ratio: Current Price\Building Area Total: 45.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 20

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5320
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: In Garage
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0088030033
  • Lot Features: Corner Lot, In County, Near Public Transit, Oversized Lot
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2012-02-22T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1392
  • Tax Book Number: 0016/0019
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2012
Closed on
Feb 17, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Snyder Lindsey R
Seller's Agent
Drew Peterson
FINE PROPERTIES
Buyer's Agent
Lee Ann Willock
HORIZON PROPERTIES OF SARASOTA
List Price
$71,312
Sold Price
$71,312
Current Estimated Value
$317,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,967
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Aug 9, 2011
Sold by
Larosa Joyous A
Bought by
Deutsche Bank Trust Company and Rali 2005Qa13

Purchase Details

Closed on
Oct 14, 2005
Sold by
Townsend Virginia B
Bought by
Larosa Joyous A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,400
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Windt Jack Wm
Bought by
Townsend Virginia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.79%

Purchase Details

Closed on
Feb 25, 2002
Sold by
Bortz Adam Franklin
Bought by
Windt Jack Wm

Purchase Details

Closed on
Jun 24, 1997
Sold by
Bortz Alyce D and Bortz Adam F
Bought by
Bortz Alyce D
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
Snyder Lindsey R $71,400 Buyers Title Inc
Deutsche Bank Trust Company $42,701 None Available
Larosa Joyous A $222,000 Siesta Key Title
Townsend Virginia B $1,000,000 --
Windt Jack Wm $86,300 --
Bortz Alyce D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snydser Lindsey R $50,000
Previous Owner Larosa Joyous A $155,400
Previous Owner Larosa Joyous $22,200
Previous Owner Townsend Virginia B $50,000
Previous Owner Windt Jack Wm $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2012 02/22/12 Sold $71,312 0.0% $73 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
02/03/2012 02/03/12 For Sale $71,312 -- $73 / 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 $1,576 $121,641 -- --
2023 $1,576 $118,098 $0 $0
2022 $1,506 $114,658 $0 $0
2021 $1,514 $111,318 $0 $0
2020 $1,501 $109,781 $0 $0
2019 $1,433 $107,313 $0 $0
2018 $1,066 $93,008 $0 $0
2017 $1,056 $91,095 $0 $0
2016 $1,043 $105,400 $42,100 $63,300
2015 $940 $88,000 $38,300 $49,700
2014 $934 $79,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3955382

Stellar MLS

APN: 0088-03-0033