Check Availability

1021 Crescent Street

1021 Crescent Street, Sarasota, FL 34242
Sold Jul 01, 2020
$1,150,000
$9,000,000 by 1st Source Bank
Mortgage Due May 10, 2034
1021 Crescent Street in Sarasota, FL was first built in 2015 and is 9 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1021 Crescent Street has 2,780 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 1,048 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1021 Crescent Street sold most recently in Jun 25, 2020 for a total of $1,150,000. If you work out the math, that's approximately a cost of $300.42 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,345 in taxes each year. 1021 Crescent Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,458,300. Improvements to the property, however, were assessed at a total of $1,458,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,048
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 3,828
  • Gross Building Area: 3,828
  • Building Area: 2,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIESTA ON THE ROCKS
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 1, SIESTA ON THE ROCKS, PHASE 1, PB 42 PG 47

Ownership

  • Current Owner : SALINE ERICA
  • Current Owner 2: SALINE RONALD
  • Previous Owner : DEMAZARIN VALERIE MAZARS
  • Previous Owner 2: PALERMO VINCENT J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 15, 2024

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L018 A055 F052
  • Census Tract: 001909

Zoning

  • Zoning: RMF1

Geography

  • Account Number: 0108176001
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 8583
  • Parcel: 0108-17-6001
  • Block: 1
  • Lot: 1
  • Meridian: SEC 19 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2466
  • Longitude: -82.5332

    Address

  • Full Address: 1021 Crescent St
  • Legal Unit: 1
  • Address - House Number: 1021
  • Address - Street Name: Crescent
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C071
  • 4-Digit Zip Code: 2603
  • Zip Code: 34242

Valuation

    Tax

  • Total Area: 4,268
  • Tax Year: 2023
  • Tax Amount: $16,345
  • Tax Rate Code Area: 1800

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 1,897,822
  • High Value: 2,275,995
  • Low Value: 1,519,648

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,000,000
  • First Open Lien Mortgage Lender: 1ST SOURCE BANK
  • First Open Lien Mortgage Recording Date: Apr 22, 2022
  • First Open Lien Mortgage Loan Amount: $9,000,000
  • First Open Lien Mortgage Term: 144
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 10, 2034

    Market Valuation

  • Market Total Value: $1,458,300
  • Market Improvement Value: $1,458,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,458,300
  • Assessed Improvements Value: $1,458,300

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11770266351
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020085726

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH STATE BANK
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Point of Rocks Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2932 Lexington Street, SARASOTA, FL, 34231

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
2932 Lexington Street, SARASOTA, FL, 34231 Listing by Mellisa Hamilton
Unit for rent at 8912 Duval Lane, SARASOTA, FL, 34231

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,983 ft²
8912 Duval Lane #B13, SARASOTA, FL, 34231 Listing by Cathy Rustin
Unit for rent at 8901 Duval Lane, SARASOTA, FL, 34231

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,012 ft²
8901 Duval Lane #A1, SARASOTA, FL, 34231 Listing by Terrence Garner
Unit for rent at 1257 S Portofino Drive, SARASOTA, FL, 34242

$3,900 /mo

  • 2 Beds
  • 2 Baths
  • 929 ft²
1257 S Portofino Drive #38ALBA, SARASOTA, FL, 34242 Listing by Katherine Esposito
Unit for rent at 3070 Gulf Gate Drive, SARASOTA, FL, 34231

$3,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,524 ft²
3070 Gulf Gate Drive, SARASOTA, FL, 34231 Listing by Robin De Busk
Unit for rent at 5565 Ashton Lake Drive, SARASOTA, FL, 34231

$3,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,551 ft²
5565 Ashton Lake Drive #5565, SARASOTA, FL, 34231 Listing by Robert D. Bevington
Unit for rent at 5553 Ashton Lake Drive, SARASOTA, FL, 34231

$3,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,551 ft²
5553 Ashton Lake Drive #5553, SARASOTA, FL, 34231 Listing by Greg Truitt

Frequently Asked Questions

What neighborhood is 1021 Crescent Street located in?
The 1021 Crescent Street is a located in the neighborhood of Point of Rocks Terrace in Point of Rocks Terrace, Sarasota.
What is the average sales price for listings in 1021 Crescent Street?
The average sales price for units in 1021 Crescent Street is $0 currently.

Quantcast