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1881 Summer Walk Circle

1881 Summer Walk Circle, Sarasota, FL 34232
Property in Summerwood
Sold Aug 19, 2020
$310,000
$346,000 by Swbc Mortgage Corp
Mortgage Due Jul 01, 2052
Sold Nov 30, 2010
Transfer
1881 Summer Walk Circle has been categorized by the local assessors in Sarasota, FL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1881 Summer Walk Circle has 1,524 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,895 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 13, 2020 for $310,000. That's $159.47 per sqft. 1881 Summer Walk Circle was last assessed in 2023. The total value of the property was assessed at $339,282. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,017. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,895
  • Total Building Area: 1,944
  • Gross Building Area: 1,944
  • Building Area: 1,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUMMERWOOD
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 57 SUMMERWOOD

Ownership

  • Current Owner : GALLAGHER TIMOTHY J
  • Current Owner 2: GALLAGHER MEGAN
  • Previous Owner : SANCHEZ RAUT G
  • Owner Before Previous Owner: MOODY CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001303

Zoning

  • Zoning: RSF4

Geography

  • Assessors Map Reference: 25E
  • Account Number: 0049150052
  • Subdivision Tract Number: 2677
  • Parcel: 0049-15-0052
  • Lot: 57
  • Meridian: SEC 25 TWN 36S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3165
  • Longitude: -82.452

    Address

  • Full Address: 1881 Summer Walk Cir
  • Address - House Number: 1881
  • Address - Street Name: Summer Walk
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R016
  • 4-Digit Zip Code: 2916
  • Zip Code: 34232

Valuation

    Tax

  • Total Area: 2,140
  • Tax Year: 2023
  • Tax Amount: $4,017
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 475,773
  • High Value: 566,869
  • Low Value: 384,677

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: SWBC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $346,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Sep 07, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 21, 2047

    Market Valuation

  • Market Total Value: $381,400
  • Market Land Value: $141,500
  • Market Improvement Value: $239,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,282

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11781475008
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020111923
  • Previous Sale Recording Date: Nov 30, 2010
  • Previous Sale Contract Date: Nov 30, 2010
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SWBC MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $289,987
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

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Frequently Asked Questions

What neighborhood is 1881 Summer Walk Circle located in?
The 1881 Summer Walk Circle is a located in the neighborhood of Summerwood in Summerwood, Sarasota.
What is the average sales price for listings in 1881 Summer Walk Circle?
The average sales price for units in 1881 Summer Walk Circle is $0 currently.

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