NOT LISTED FOR SALE

Sarasota, FL 34239

Southside Neighborhood

Estimated Value: $2,161,000 - $3,281,000

2 Beds
1 Bath
1,332 Sq Ft
$1,970/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $265,000 $199 Per Sq Ft

Est. 890% increase in value since last sale

Current estimated payment $16,225/month

Highlights

  • No HOA
  • Mature Landscaping
  • Terrazzo Flooring
  • Southside Elementary School Rated A
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of November 2013

Great opportunity to own West of the Trail in one of Sarasota's best neighborhoods. Walk to Southside Elementary school, Morton's market and the shops and restaurants that make Southside Village the great area that it is. Only minutes to beautiful Siesta Key beach. This home can serve as a great rental while you develop plans for a new home or the more ambitious can take on the updating project that would be necessary. Occupied by the same tenants for eleven years, the home has no known defects although it has original windows and a roof that appears near the end of it's effective life. Terrazzo flooring throughout.

Last Agent to Sell the Property

Allen Conrad

RE/MAX ALLIANCE GROUP License #3027578 Listed on: 10/13/2013

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Stacy Hanan

MICHAEL SAUNDERS & COMPANY License #3121519

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1952

Lot Details

  • 8,850 Sq Ft Lot
  • Mature Landscaping
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,332 Sq Ft Home
  • Blinds
  • Terrazzo Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poinsettia Park Community
  • Poinsettia Park 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,304

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1332
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1952
  • Building Area Total: 1672
  • Lot Size Sq Ft: 8850
  • Directions to Property: Magnolia St. is two streets north of Siesta Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985952&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985952&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 0364
  • Ratio: Close Price\List Price: 1.06042
  • Price per Sq Ft: 198.95
  • Close to Original List Price Ratio: 1.06042
  • Ratio: Current Price\Building Area Total: 158.49
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Appliances Included: Dishwasher, Electric Water Heater, Oven, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 2039080045
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 16.74
  • Flood Zone Code: X
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2013-11-26T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3304
  • Tax Block: E
  • Tax Book Number: 0001/0143
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2021
Sold by
Schwartz and Amy
Bought by
Loomis Jason W and Loomis Sarah
Current Estimated Value
$2,623,388

Purchase Details

Closed on
Oct 15, 2020
Sold by
Guarino Carl and Guarino Donna
Bought by
Schwartz Amy and Schwartz Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2019
Sold by
Iannacone William and Iannacone Elizabeth M
Bought by
Guarino Carl and Guarino Donna

Purchase Details

Closed on
Nov 29, 2016
Sold by
D R Horton Inc
Bought by
Iannacone William and Iannacone Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2013
Closed on
Nov 26, 2013
Sold by
Nickel Myron N and Nickel Terri L
Bought by
Dr Horton Inc
Seller's Agent
Allen Conrad
RE/MAX ALLIANCE GROUP
Buyer's Agent
Stacy Hanan
MICHAEL SAUNDERS & COMPANY
List Price
$249,900
Sold Price
$265,000
Premium/Discount to List
$15,100
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%
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
Loomis Jason W $2,515,000 Thomas M Tucker Pa
Schwartz Amy $1,230,000 Preferred Settlement Svcs
Guarino Carl $1,120,000 Attorney
Iannacone William $875,000 Dhi Title Of Florida Inc
Dr Horton Inc $265,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Amy $984,000
Previous Owner Iannacone William $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $265,000 +6.0% $199 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $249,900 -- $188 / 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 $23,173 $1,622,456 -- --
2023 $23,173 $1,575,200 $548,700 $1,026,500
2022 $14,957 $1,010,945 $0 $0
2021 $15,004 $981,500 $283,200 $698,300
2020 $14,026 $856,400 $309,800 $546,600
2019 $9,918 $639,300 $283,200 $356,100
2018 $10,776 $691,300 $318,600 $372,700
2017 $11,664 $739,919 $0 $0
2016 $12,816 $767,000 $280,400 $486,600
2015 $4,081 $241,200 $241,200 $0
2014 $4,308 $204,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allen Conrad

    Seller's Agent in 2013

    Allen Conrad

    RE/MAX

    (941) 544-0143

    2 in this area

    53 Total Sales

    Allen Conrad
    Section Image
  • Stacy Hanan

    Buyer's Agent in 2013

    Stacy Hanan

    Michael Saunders

    (941) 266-0529

    118 Total Sales

    Stacy Hanan
    Section Image
See All Agents

Source: Stellar MLS

MLS Number: A3985952

Stellar MLS

APN: 2039-08-0045

Florida Sarasota County Sarasota 34239

Southside

This home since 13 October 2013 and is currently estimated at $2,623,388, approximately $1,969 per square foot. This property was built in 1952. This home is a home located in Sarasota County with nearby schools including Southside Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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