NOT LISTED FOR SALE

845 Benjamin Franklin Dr Unit 107 Sarasota, FL 34236

Lido Key Neighborhood

Estimated Value: $519,060 - $604,000

2 Beds
2 Baths
991 Sq Ft
$375/mo HOA Fee

Last Sold March 22, 2013

Last sale price $220,000 $222 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,082/month

365 Days on Market

Highlights

  • Heated Pool
  • Deck
  • Furnished
  • Southside Elementary School Rated A
  • End Unit
  • Mature Landscaping

About This Home

As of March 2013

Short sale. Deal fell thru, so back on markert -- PRE_APPROVED price! Just steps to the gulf's soothing, tropical waters. First floor corner unit offers privacy and convenience -- private patio out back, and just steps to the pool and laundry-room out front. Very well maintained complex with only 40 total units.Minimum 30 day rentals allowed. Sorry, no pets. I know you want to make an offer, SO GO FOR IT!

Last Agent to Sell the Property

John Michailidis

REAL PROPERTY MANAGEMENT License #3255369 Listed on: 10/29/2011

Last Buyer's Agent

Barbara Ray Sigurdson

COLDWELL BANKER REALTY License #0673661

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,589

Year Built

  • Built in 1974

Lot Details

  • End Unit
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 991 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, insurance, maintenance structure, ground maintenance, manager, sewer, trash, water
  • 40 Units
  • Mid-Rise Condominium
  • Presidential The Community
  • Presidential Subdivision
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,589

Year Built

Built in 1974

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 991
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1071
  • Directions to Property: Benjamin Franklin Dr to 845, "The Presidential" on left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3950871&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3950871&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7242
  • Property Description: Corner Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.97778
  • Price per Sq Ft: 222
  • Close to Original List Price Ratio: 0.84648
  • Ratio: Current Price\Building Area Total: 205.42
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave Hood, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 845
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Irrigation System, Outdoor Grill, Sliding Doors
  • Roof: Other
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Elevator(s), Laundry
  • Association Fee: 1125
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4500
  • Total Monthly Fees: 375

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2016113016
  • Additional Parcels: No
  • Millage Rate: 16.75
  • Future Land Use: 0404
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Expected Lease Date: 2013-03-22T04:00:00.000Z
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 3589
  • Tax Block: B
  • Tax Book Number: 0007/0015
  • Tax Lot: 107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2020
Sold by
Kyte Sarah J
Bought by
Kyte Sarah J and Sarah J Kyte Single Living Tru
Current Estimated Value
$583,253

Purchase Details

Listed on
Oct 29, 2011
Closed on
Mar 22, 2013
Sold by
Perrone Laura
Bought by
Kyte Sarah J
Seller's Agent
John Michailidis
REAL PROPERTY MANAGEMENT
Buyer's Agent
Barbara Ray Sigurdson
COLDWELL BANKER REALTY
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%

Purchase Details

Closed on
Oct 25, 2005
Sold by
Penno George C and Penno Catherine M
Bought by
Perrone Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
1.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2003
Sold by
Soleus Prop L L C
Bought by
Penno George C and Penno Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.16%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Ferrera Fortunato Edgardo and Ferrera Fortunato Martha
Bought by
Soleus Prop L L C
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
Kyte Sarah J -- Attorney
Kyte Sarah J $220,000 Gss Title Llc
Perrone Laura $495,000 --
Penno George C $269,900 --
Soleus Prop L L C $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perrone Laura $396,000
Previous Owner Penno George C $100,000
Previous Owner Penno George C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2013 03/22/13 Sold $220,000 -2.2% $222 / Sq Ft
10/28/2012 10/28/12 Pending -- -- --
10/28/2011 10/28/11 For Sale $225,000 -- $227 / 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 $6,167 $373,745 -- --
2023 $6,167 $493,200 $0 $493,200
2022 $5,299 $391,600 $0 $391,600
2021 $4,518 $280,800 $0 $280,800
2020 $4,306 $260,200 $0 $260,200
2019 $4,739 $293,400 $0 $293,400
2018 $4,769 $328,700 $0 $328,700
2017 $3,938 $234,800 $0 $234,800
2016 $3,867 $234,800 $0 $234,800
2015 $3,748 $231,300 $0 $231,300
2014 $3,084 $193,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3950871

Stellar MLS

APN: 2016-11-3016