NOT LISTED FOR SALE

Estimated Value: $222,868 - $247,000

3 Beds
2 Baths
978 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $220,000 $225 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,493/month

7 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Fenced
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of April 2022

Presenting an investment opportunity in Bradenton, one of the most beautiful cities on the west coast of Florida. Situated near the Sarasota/Bradenton International Airport, arts and culture, the beaches, and highly rated schools, this bungalow-style duplex offers two separate units that provide a variety of living situations. Live in one residence, rent out the other; live in both with privacy afforded for multi-generational family living; or rent both units to maximize the income potential. Maintenance is made easier with a new roof and new A/C. Tile floors flow seamlessly from room to room. A screened in-lanai complements both units – perfect for enjoying the Florida lifestyle and extending the indoor living space. A generously sized backyard is great for playtime, outdoor barbecues, or simply meditating under a shade tree. This duplex already comes with two tenants. $1000 (1BR unit) and $1250 (2BR unit) (water provided by landlord). Cap rate is around 7% and could be better. Already positioned for an effortless transition, a property management company is in place. The duplex is centrally poised to enjoy the attractions of Bradenton and Sarasota including outdoor recreation, sports, culture, shopping, dining, and world-class Gulf Coast beaches.

Last Agent to Sell the Property

Aaron Lineberger

COMPASS FLORIDA LLC License #3155784 Listed on: 03/10/2022

COMPASS FLORIDA LLC

Last Buyer's Agent

Mark Hartman

CHARLES RUTENBERG REALTY INC License #3111305

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1949

Lot Details

  • 6,752 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 978 Sq Ft Home
  • Ceramic Tile Flooring
  • Crawl Space
  • Eat-In Kitchen

Schools

  • Oneco Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,290 Sq Ft Building
  • Bradenton East Community
  • Acreage & Unrec Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,663

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 978
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1290
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 6752
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4527285?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4527285?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.84942
  • Price per Sq Ft: 224.95
  • Close to Original List Price Ratio: 0.84942
  • Ratio: Current Price\Building Area Total: 170.54
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Electric Water Heater
  • Foundation Details: Crawlspace
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced
  • 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
  • Flood Zone Panel: 12081C0308E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Oneco Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: RSF6
  • Parcel Number: 5810300003
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 2250

Multi Family

  • Gross Income: 27000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1663.09
  • Tax Book Number: 1-127
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jun 7, 2021
Sold by
Fitch Dwight
Bought by
Jq Enterprises Bedford
Seller's Agent
Patrick Ruster
PATRICK RUSTER, LIC. R.E. BROKER
Buyer's Agent
Aaron Lineberger
COMPASS FLORIDA LLC
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%
Current Estimated Value
$237,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,675
Avg. Annual Appreciation
9.42%
Original Mortgage
$105,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 8, 2021
Sold by
Fourteen 5719 Llc
Bought by
Fitch Dwight
Seller's Agent
Patrick Ruster
PATRICK RUSTER, LIC. R.E. BROKER
Buyer's Agent
Aaron Lineberger
COMPASS FLORIDA LLC
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2018
Sold by
Burrows Deborah and Burrows William P
Bought by
Fourteen 5719 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 24, 2018
Sold by
Adams Linda Joyce
Bought by
Burrows Debbie L S and Burrows William P

Purchase Details

Closed on
Mar 30, 2017
Sold by
5719 14Th Street East Llc
Bought by
Adams Linda Joyce

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
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2014
Sold by
Burrows William P and Burrows Deborah Sue
Bought by
5719 14Th Street East Llc

Purchase Details

Closed on
Jun 12, 2009
Sold by
Manning Daniel R
Bought by
Burrows William P and Burrows Deborah Sue

Purchase Details

Closed on
May 15, 2009
Sold by
Century Bank Fsb
Bought by
Manning Daniel R

Purchase Details

Closed on
May 19, 2008
Sold by
Pena Lorena
Bought by
Century Bank Fsb

Purchase Details

Closed on
May 13, 2008
Sold by
Pena Lorena and Ferrero German O
Bought by
Century Bank Fsb

Purchase Details

Closed on
Nov 28, 2005
Sold by
Loeffler Carl E and Lau Mark
Bought by
Pena Lorena

Purchase Details

Closed on
Apr 6, 2005
Sold by
Pena Lorena
Bought by
Pena Lorena and Ferrero German O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Loeffler Carl E and Lau Mark
Bought by
Pena Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2004
Sold by
County Of Manatee
Bought by
Loeffler Carl E and Lau Mark

Purchase Details

Closed on
Apr 16, 2004
Sold by
Boyce Ricky L
Bought by
Miller Albert James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jq Enterprises Bedford -- None Available
Fitch Dwight $155,000 Attorney
Fourteen 5719 Llc $80,000 Attorney
Burrows Debbie L S $12,400 Attorney
Adams Linda Joyce $85,000 Attorney
5719 14Th Street East Llc -- Attorney
Burrows William P $15,000 Attorney
Manning Daniel R $15,000 Attorney
Century Bank Fsb $50,100 None Available
Century Bank Fsb $50,001 None Available
Pena Lorena -- Team Title Services Inc
Pena Lorena -- --
Pena Lorena $129,000 Team Title Services Inc
Loeffler Carl E $35,300 --
Miller Albert James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitch Dwight $105,750
Previous Owner Fourteen 5719 Llc $70,000
Previous Owner Adams Linda Joyce $80,000
Previous Owner Pena Lorena $103,200
Closed Pena Lorena $25,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Sold $220,000 -15.1% $225 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $259,000 +67.1% $265 / Sq Ft
04/09/2021 04/09/21 Sold $155,000 -13.4% $158 / Sq Ft View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $179,000 -- $183 / 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
2025 $2,997 $170,485 $20,400 $150,085
2023 $3,021 $172,210 $20,400 $151,810
2022 $2,576 $143,119 $20,000 $123,119
2021 $1,597 $83,426 $20,000 $63,426
2020 $1,512 $72,406 $15,000 $57,406
2019 $1,424 $67,302 $15,000 $52,302
2018 $1,450 $69,237 $15,000 $54,237
2017 $936 $48,000 $0 $0
2016 $807 $32,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4527285

Stellar MLS

APN: 58103-0000-3