NOT LISTED FOR SALE

Estimated Value: $928,000 - $1,305,398

0.22 Acre
$5,193,636 Price per Acre
9,410 Sq Ft Lot

Last Sold September 13, 2021

Last sale price $234,900

Est. 438% increase in value since last sale

Current estimated payment $7,386/month

1,315 Days on Market

About This Lot

As of September 2021

Introducing Bellora, a beautiful tree lined community in the heart of Sarasota. Located just minutes to downtown, gulf beaches, St Armand’s Circle and steps away from the John and Mable Ringling Museum of Art. Just across the street, you find multi-millionaire dollar estates. This enclave of 23 completely custom designed homes affords one to design within several categories, from Florida Coastal, Modern, and other desirable finishes. E-M Custom Homes is the exclusive builder for home and homesite packages and has established themselves for decades building homes throughout the Sarasota Area with a sharp attention to detail, quality and customer service. A variety of homesite sizes can host homes from 1800 sq ft and beyond. Customers may also combine adjacent homesites for larger custom home needs. A feature list rich with structural details such as high efficiency HVAC system, energy efficient insulation and all concrete block construction are available upon request. A list of available homesites is also available by request, as this neighborhood is selling quickly. The purchasing process has been developed to ensure customer satisfaction and timely completion. Call today to schedule a walkthrough of the community or set an appointment to see the E-M Custom Homes model located in Manatee County

Last Agent to Sell the Property

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741 Listed on: 10/27/2017

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Laura Way

RE/MAX ALLIANCE GROUP License #3033347

RE/MAX ALLIANCE GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,538

Lot Details

  • 9,410 Sq Ft Lot
  • Lot Dimensions are 91x78.48
  • 20 Lots in the community
  • Additional Parcels
  • Property is zoned RSF1

HOA Fees

  • $165 Monthly HOA Fees

Location

  • City Lot

Community Details

  • Indian Beach Community
  • Houses Of Indian Beach Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 2004060054

Property Details

Property Type

Land

Est. Annual Taxes

$3,538

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9410
  • Number Of Lots: 20
  • Directions to Property: From University Parkway: Head west on University Parkway to Ringling Plaza. Turn left onto Bayshore Road. Continue south on Bayshore Road for approximately one mile and turn left onto Bellora Way (Modern Rue).
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97916
  • Price per Sq Ft: 24.96
  • Close to Original List Price Ratio: 0.75799
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 605

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 91
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1251500004B

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1980
  • Monthly HOA Fee: 165
  • Total Monthly Fees: 165

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2004060054
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: City Lot, In County, Sidewalk
  • Lot Dimensions: 91X78.48
  • Millage Rate: 16.38
  • Price Per Acre: 1067727
  • Flood Zone Code: B
  • Flood Zone Date: 1984-02-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3538.48
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Aug 18, 2021
Sold by
Engquist Level Development Llc
Bought by
Herman Gary H and Herman Lorraine
Seller's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Buyer's Agent
Laura Way
RE/MAX ALLIANCE GROUP
List Price
$309,900
Sold Price
$234,900
Premium/Discount to List
-$75,000
-24.2%
Current Estimated Value
$1,262,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,014
Avg. Annual Appreciation
54.69%
Original Mortgage
$750,510
Outstanding Balance
$690,308
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$597,389

Purchase Details

Closed on
Nov 20, 2015
Sold by
Mrec Level Bayshore Llc
Bought by
Engquist Level Development Llc

Purchase Details

Closed on
Aug 8, 2014
Sold by
Engquist Level Development Llc
Bought by
Mrec Level Bayshore Llc

Purchase Details

Closed on
Jun 9, 2014
Sold by
Bonus Properties Inc
Bought by
Engquist Level Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Herman Gary H $234,900 Attorney
Engquist Level Development Llc $630,400 Attorney
Mrec Level Bayshore Llc -- Attorney
Mrec Level Bayshore Llc $4,100,000 Attorney
Engquist Level Development Llc $41,000 Attorney
Engquist Level Development Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Gary H $750,510
Previous Owner Srodes B Tracy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $234,900 -2.1% --
06/04/2021 06/04/21 Pending -- -- --
05/20/2020 05/20/20 Price Changed $239,900 -22.6% --
10/27/2017 10/27/17 For Sale $309,900 -- --
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 $3,671 $946,200 $246,900 $699,300
2023 $3,671 $247,600 $247,600 $0
2022 $3,370 $224,800 $224,800 $0
2021 $2,458 $156,700 $156,700 $0
2020 $3,538 $220,400 $220,400 $0
2019 $3,531 $220,400 $220,400 $0
2018 $3,529 $219,600 $219,600 $0
2017 $3,496 $215,400 $215,400 $0
2016 $3,571 $216,300 $216,300 $0
2015 $2,083 $122,700 $122,700 $0
2014 $1,810 $65,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4199945

Stellar MLS

APN: 2004-06-0054