NOT LISTED FOR SALE

6314 Olive Ave Sarasota, FL 34231

Estimated Value: $232,000 - $339,807

2 Beds
1.5 Baths
860 Sq Ft
$335/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $175,000 $203 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,993/month

60 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Riverview High School Rated A
  • East Facing Home

About This Home

As of May 2019

Gulf Gate home ready for a new owner. 6314 Olive Ave is a house in Sarasota, FL 34231. This 860 square foot house sits on a 7,546 square foot lot and features 2 bedrooms and 1 and a half bath. This property was built in 1960. House is on well, air replaced in 2017. The full bath features a ceiling heater and a whirlpool. Ceiling fans throughout. The front gate has a remote control opener (2). Yard is lush with Florida friendly plants. Enjoy the convenience of the proximity to the redesigned Gulf Gate Library, walking distance to the Gulf Gate Village with several small local businesses, including restaurants, gift shops and more! Short drive to Siesta Key Beach, #1 Beach!!!!

Last Agent to Sell the Property

Valarie Wadsworth

MICHAEL SAUNDERS & COMPANY License #0689862 Listed on: 01/24/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Dawn Bear

WILLIAM RAVEIS REAL ESTATE License #3355163

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1960

Lot Details

  • 7,546 Sq Ft Lot
  • East Facing Home
  • Property is zoned RSF3

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Insulated Concrete Forms
  • Shingle Roof

Interior Spaces

  • 860 Sq Ft Home
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Lakes Community
  • Palm Lakes Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: ICFs (Insulated Concrete Forms)
  • Fireplace: No
  • Living Area: 860
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 1887
  • Lot Size Sq Ft: 7546
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425234&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425234&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • 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
  • Price per Sq Ft: 203.49
  • Close to Original List Price Ratio: 0.92105
  • Ratio: Current Price\Building Area Total: 92.74
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0144F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0101140016
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check Sarasota County restrictions.

Tax Info

  • Tax Annual Amount: 2143
  • Tax Book Number: 10-28
  • Tax Lot: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
May 10, 2019
Sold by
Saliba Oscar Mose Simon and Robinson Sara
Bought by
Cardenas David Lee
Seller's Agent
Valarie Wadsworth
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Dawn Bear
WILLIAM RAVEIS REAL ESTATE
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Current Estimated Value
$288,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,452
Avg. Annual Appreciation
7.78%
Original Mortgage
$171,830
Outstanding Balance
$150,761
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$137,691

Purchase Details

Closed on
Sep 16, 2004
Sold by
Barnett Victoria M
Bought by
Saliba Oscar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 1996
Sold by
Eible Edward
Bought by
Saliba Oscar M and Barnett Victoria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,902
Interest Rate
7.37%

Purchase Details

Closed on
Feb 4, 1996
Sold by
Bolitho Cecil Edward and Bolitho Violet Christie
Bought by
Eible Lorry
Source: Public Records
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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
Cardenas David Lee $175,000 Attorney
Saliba Oscar M $31,400 Stewart Title Co Of Sarasota
Saliba Oscar M $73,900 --
Eible Lorry $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardenas David Lee $171,830
Previous Owner Saliba Oscar M $67,500
Previous Owner Saliba Oscar M $66,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2019 05/13/19 Sold $175,000 0.0% $203 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $175,000 -7.9% $203 / Sq Ft
01/24/2019 01/24/19 For Sale $190,000 -- $221 / 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 $5,824 $204,905 -- --
2024 $5,713 $199,130 -- --
2023 $5,713 $193,330 $0 $0
2022 $1,864 $158,961 $0 $0
2021 $1,863 $154,331 $0 $0
2020 $1,855 $152,200 $56,900 $95,300
2019 $2,104 $138,200 $70,500 $67,700
2018 $2,143 $143,300 $61,600 $81,700
2017 $824 $70,287 $0 $0
2016 $825 $104,900 $56,500 $48,400
2015 $836 $96,400 $53,800 $42,600
2014 $834 $66,817 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425234

Stellar MLS

APN: 0101-14-0016