$384,000
SOLD OCT 1, 2024
3 Beds
2 Baths
1,566 Sq Ft
8,200 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Wood Frame Window
  • Booker High School Rated A-
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of October 2024

Brand new roof on rare duplex only a convenient 5 minutes from downtown, in rapidly developing north Sarasota! 1/1 and 2/1 units in quiet residential neighborhood near water tower park. Excellent multi-year fully performing tenants in place for investors, but an owner/investor could occupy in 2025. Covered carports, 2 screened porches per unit, fully fenced private back yards, laundry hookups in both. 2560 finished square feet and 1560 under air. Stable $33,000 NOI provides amazing 8.5 cap rate. All new appliances 2016 with full renovation. New HVAC one side 2023, other working well & professionally maintained annually. 2024 roof replacement was $23,000 and has transferable Premium Owens Corning Warranty for the buyer: a unique & valuable asset for your insurance coverage! Please do NOT disturb tenants.

Last Agent to Sell the Property

Chevon Eaton

CHEVON EATON License #3554115 Listed on: 08/13/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1954

Lot Details

  • 8,200 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,566 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Wood Frame Window
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Covered Patio or Porch

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,560 Sq Ft Building
  • Harriet Sub Community
  • Harriet Sub Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $384,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,018

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1566
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1954
  • Accessibility Features: Accessible Approach with Ramp
  • Building Area Total: 2560
  • Lot Size Sq Ft: 8200
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: Closest intersection is US 41 North and Gary Street. Located several blocks south of University Parkway off of US 41 N.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Escrow State: FL
  • List Office Head Office Key Nume: 684757268
  • RATIO Current Price By Calculate: 245.21
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Wood Frames
  • Street Number Modifier: 943
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 145.49

Exterior Features

  • Exterior Features: Fence, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0131G

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Ground Level, Off Street

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Trash

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF3
  • Parcel Number: 2004070037
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 762

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 3200
  • Terms Of Lease: Net Lease,Pass Throughs

Multi Family

  • Gross Income: 384000
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3018
  • Tax Book Number: 7-79
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 1, 2024
Sold by
Cross Asset Management Ltd
Bought by
Todd Zachary
Seller's Agent
Chevon Eaton
CHEVON EATON
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$399,000
Sold Price
$384,000
Premium/Discount to List
-$15,000
-3.76%
Views
7
Current Estimated Value
$375,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,177
Avg. Annual Appreciation
-2.39%

Purchase Details

Closed on
Jun 21, 2016
Sold by
Harvey Paul R
Bought by
Cross Asset Management Ltd

Purchase Details

Closed on
Apr 26, 2000
Sold by
Huntress Robert D
Bought by
Harvey Paul R and Harvey Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1996
Sold by
Nollenberger Robert W and Nollenberger Louise
Bought by
Huntress Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
7.03%
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 Type Sale Price Title Company
Warranty Deed $384,000 None Listed On Document
Warranty Deed $143,500 None Available
Warranty Deed $76,000 --
Warranty Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 Stand Alone First
Previous Owner $186,000 Stand Alone First
Previous Owner $60,800 New Conventional
Previous Owner $60,800 No Value Available
Previous Owner $54,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $384,000 -3.8% $245 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $399,000 -- $255 / 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 $3,018 $174,961 -- --
2023 $3,018 $210,600 $105,800 $104,800
2022 $2,806 $197,800 $98,400 $99,400
2021 $2,384 $141,200 $60,000 $81,200
2020 $2,179 $119,500 $45,100 $74,400
2019 $2,053 $112,100 $37,700 $74,400
2018 $2,028 $110,300 $37,300 $73,000
2017 $2,105 $114,000 $29,400 $84,600
2016 $1,571 $92,900 $23,000 $69,900
2015 $1,423 $76,800 $20,500 $56,300
2014 $1,346 $52,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6232238

Stellar MLS

APN: 2004-07-0037