NOT LISTED FOR SALE

5329 Avenida Del Mare Sarasota, FL 34242

Estimated Value: $704,000 - $993,000

3 Beds
2.5 Baths
1,164 Sq Ft
$693/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $350,000 $301 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,947/month

18 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Mature Landscaping
  • Phillippi Shores Elementary School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2019

Back on Market - all highest and Best offers to be submitted by 5pm Friday, Feb 22 for Seller consideration. This quaint bungalow / cottage nestled on a 7307 sq ft lot transports you back to 1951 island living. A short stroll or bike ride down the street delivers you to the crystal white sands of world-famous Siesta Key Beach on the Gulf of Mexico. The location is also central to the dining, shopping and entertainment offered within the Village of Siesta Key, where there is something for everyone to enjoy. Whether you restore the current buildings or start fresh with new build, we encourage you to imagine the possibilities. This unique property includes: main structure with 1131 sq ft comprised of two bedrooms, two baths and fireplace; a separate structure comprised of 153 sq ft which contains one room plus half bath and an outdoor shower affixed to exterior; a covered area for parking at front of property; and a separate shed in back. This property is ripe for total renovation/rebuild, providing a unique opportunity for the creative buyer with the desire to live the island lifestyle!

Last Agent to Sell the Property

Judy Wright, PA

MICHAEL SAUNDERS & COMPANY License #0389612 Listed on: 02/08/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Terry Thorpe

BRIGHT REALTY License #3208570

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1951

Lot Details

  • 7,307 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 1 Carport Space

Home Design

  • Bungalow
  • Wood Frame Certified By Forest Stewardship Council
  • Built-Up Roof
  • Pile Dwellings

Interior Spaces

  • 1,164 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Laundry Located Outside

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Shed

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

  • Phillippi Shores Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Sarasota Beach Community
  • Sarasota Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,157

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Wood Frame (FSC Certified)
  • Fireplace: Yes
  • Living Area: 1164
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 1262
  • Lot Size Sq Ft: 7307
  • Directions to Property: Just West of Siesta Key Public Beach on Beach Road, turn onto Avenida Del Mare; continue on Avenida Del Mare to 5329 on your right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4426854&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4426854&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.07692
  • Price per Sq Ft: 300.69
  • Close to Original List Price Ratio: 1.07692
  • Ratio: Current Price\Building Area Total: 277.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Open Floorplan
  • Appliances Included: Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Street Number Modifier: 5329
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Other, Shed(s)
  • Exterior Features: Outdoor Shower
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0143F
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Public, Sewer Available, Sewer Connected, Water Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Phillippi Shores Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0082060009
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Level, Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Pet Restrictions: County rules apply.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per county restricitons

Tax Info

  • Tax Annual Amount: 3157
  • Tax Block: 29
  • Tax Book Number: 1-76
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2019
Closed on
Apr 1, 2019
Sold by
Lundy Jennifer A and Lundy Kristie Sonya
Bought by
Dougherty Dean A and Dougherty Kathryn J
Seller's Agent
Judy Wright, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Terry Thorpe
BRIGHT REALTY
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$806,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,467
Avg. Annual Appreciation
12.58%
Original Mortgage
$325,600
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2002
Sold by
Lundy Shirley C
Bought by
Lundy Shirley C and Lundy Christopher M

Purchase Details

Closed on
Jan 28, 2002
Sold by
Lundy Shirley C
Bought by
Lundy Shirley C

Purchase Details

Closed on
Jun 10, 1993
Sold by
Lundy Shirley C
Bought by
Lundy Shirley C
Source: Public Records

Range of Values:

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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
Dougherty Dean A $350,000 Sarasota Title Services Inc
Lundy Shirley C -- --
Lundy Shirley C $48,500 --
Lundy Shirley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Dean A $375,000
Closed Dougherty Dean A $323,969
Closed Dougherty Dean A $325,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $350,000 +7.7% $301 / Sq Ft
02/26/2019 02/26/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $325,000 0.0% $279 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $325,000 -- $279 / 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 $6,630 $479,959 -- --
2023 $6,630 $621,500 $603,400 $18,100
2022 $5,826 $522,300 $509,600 $12,700
2021 $4,797 $360,600 $348,500 $12,100
2020 $4,736 $348,900 $337,500 $11,400
2019 $4,164 $306,800 $272,600 $34,200
2018 $3,157 $263,669 $0 $0
2017 $3,140 $258,246 $0 $0
2016 $3,142 $358,100 $314,100 $44,000
2015 $3,198 $294,600 $258,900 $35,700
2014 $3,185 $245,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4426854

Stellar MLS

APN: 0082-06-0009