NOT LISTED FOR SALE

Estimated Value: $484,536

2 Beds
2 Baths
1,162 Sq Ft
$417/Sq Ft Est. Value

Last Sold March 26, 2021

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

Est. 38% increase in value since last sale

Current estimated payment $3,065/month

78 Days on Market

Highlights

  • Parking available for a boat
  • Property is near public transit
  • Sun or Florida Room
  • Brookside Middle School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of March 2021

Backups Welcome. Live here Work here opportunity. This Charming 1930 s home was updated in the early 2000s with PGT windows, closed in porch/Florida room, a den that can be converted back to a bedroom with adjoining bath and a large 2nd floor bedroom suite. The roof was replaced in 2014. It s central downtown location is minutes to Main St, Sarasota Bayfront and the beaches. And practically next door to Payne Park, Bay Street Publix, Sarasota High School and the Sarasota Art Museum with newly opened Bistro. Live-Work opportunity - The home is waiting for a new owner who appreciates the value and convenience of working from home in downtown Sarasota. This historic Franklin Redd House sits on an elevated lot and has a 7 car parking lot large enough for a boat or RV. If you are considering running a business it is ideal. The backyard has a quaint out building that can be anything you like. Today s new home buyers are flocking to Florida for the lifestyle that this home offers office, studio with a cozy warm livable atmosphere in a great location. Be part of an ever changing neighborhood where Payne Park is a place you can enjoy walking, running, biking, playing tennis or dining and listening to music at the Café in the Park. The Legacy trail s extension of it s popular bike trail connecting Venice and North Port to downtown Sarasota / Payne Park is now under way. Photos represent how the property is being used now.

Last Agent to Sell the Property

Maureen Doherty

MICHAEL SAUNDERS & COMPANY License #3110082 Listed on: 11/24/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Varghese Mammen

MAMMOTH REALTY, LLC License #706543

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1930

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135
  • West Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Corner Lot
  • Property is zoned RMF2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,162 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Sun or Florida Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • Oversized Parking
  • Driveway
  • Open Parking
  • Parking available for a boat

Accessible Home Design

  • Customized Wheelchair Accessible
  • Accessible Approach with Ramp

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • City Lot

Schools

  • Alta Vista Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Poms Park Community
  • Poms Park 3 Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / D
  • Assessor Parcel Number 2034060039

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,864

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Description: Elevated
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1162.00
  • Lot Size Acres: 0.16
  • Year Built: 1930
  • Accessibility Features: Accessible Approach with Ramp, Customized Wheelchair Accessible
  • Building Area Total: 1162.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484609?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484609?w=Customer
  • Lot Size Sq Ft: 6750
  • Building Search Sq Meters: 107.95
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484609?w=PubMLS
  • Directions to Property: From Tamiami Trail, turn at Bay Street traffic light and drive around Publix, turn left, then right on Wood Street, right onto School Avenue. Home is on your left. If coming from Ringling, go south on School Avenue.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Street Direction: S
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Drapes
  • Living Area Meters: 107.95
  • Street Number Modifier: 823

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Storage
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 11/02/2016
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Boat, Driveway, Open, Oversized, Parking Pad

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Poms Park
  • Community Features: Sidewalk

Schools

  • Elementary School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Elementary School: Alta Vista Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RMF2
  • Parcel Number: 2034060039
  • Fencing: Vinyl
  • Lot Features: Corner Lot, In City Limits, Near Public Transit, Sidewalk, Street Paved
  • Lot Dimensions: 50x135
  • Lot Size Square Meters: 627

Rental Info

  • Minimum Lease: No Minimum
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2864.48
  • Tax Block: D
  • Tax Book Number: 1-99
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 26, 2021
Sold by
Schmidt Paul D
Bought by
Le Quynh Nhu Thi and Campos Juan Marcos
Seller's Agent
Maureen Doherty
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Varghese Mammen
MAMMOTH REALTY, LLC
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$484,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,536
Avg. Annual Appreciation
7.87%
Original Mortgage
$280,000
Outstanding Balance
$254,513
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$233,183

Purchase Details

Closed on
Oct 31, 2005
Sold by
Martindale Rolland J
Bought by
Schmidt Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1996
Sold by
Landry Sharon M and Seger Christopher E
Bought by
Martindale Rolland J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1995
Sold by
Landry Sharon M
Bought by
Landry Sharon M and Seger Christopher E

Purchase Details

Closed on
Sep 12, 1995
Sold by
Owens Helen M
Bought by
Landry Sharon M
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
Le Quynh Nhu Thi $350,000 Msc Title Inc
Schmidt Paul D $320,000 --
Martindale Rolland J $70,000 --
Landry Sharon M -- --
Landry Sharon M $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Quynh Nhu Thi $280,000
Previous Owner Schmidt Paul D $256,000
Previous Owner Schmidt Paul D $16,000
Previous Owner Martindale Rolland J $150,000
Previous Owner Martindale Rolland J $71,000
Previous Owner Martindale Rolland J $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $350,000 -12.3% $301 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $399,000 -- $343 / 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 $4,941 $331,056 -- --
2023 $4,941 $321,200 $223,500 $97,700
2022 $4,425 $273,600 $193,400 $80,200
2021 $2,885 $232,000 $124,700 $107,300
2020 $2,864 $232,300 $134,300 $98,000
2019 $2,720 $226,100 $134,300 $91,800
2018 $2,427 $194,200 $106,800 $87,400
2017 $2,055 $82,248 $0 $0
2016 $1,944 $142,400 $71,500 $70,900
2015 $1,593 $98,600 $49,100 $49,500
2014 $1,266 $55,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4484609

Stellar MLS

APN: 2034-06-0039