by Global Lifestyle Properties

See Home Value
$617,000
● House - Off Market

2341 Pine TERRACE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,306 Ft²
$3,565
Est. Monthly
4.45%
Cap Rate

About This Property

LOCATED IN FLOOD ZONE X, NO DAMAGE TO THE HOUSE, LANAI FROM RECENT HURRICANES, CONCRETE BLOCK HOME! MOVE IN READY!!This is a hidden jewel located close to Phillipi creek and only a few houses away from the water, situated on a spacious 14,200 sq ft lot on Ridgewood subdivision. This 3 bed two bathroom  property offers immense possibilities that would make a great rental for an investor looking to add to its portfolio with a few upgrades this will make a charming quaint property. The double lot is already divided into two lots which additionally would be make a great investment for a property developer looking to build luxury million dollar plus homes that have already been selling in the street. The house has recently had a new roof and AC updated so great savings on big ticket items, and low insurance as its in a no flood zone. This is in a sought after neighborhood with A rated schools and close by to the No 1 beach Siesta key, with every amenity on your door step , hospitals, stores and downtown , this central location doesnt get any better, book your private showing and secure your piece of paradise.
Unit Size
1,306 Ft²
Days on Market
87 days
Land Size
0.33 acres
Price per sqft
$489
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1983

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Last updated: 2 years ago (Stellar MLS #A4623231)

Price History

Date / Event Date Event Price
Dec 9, 2024 Sold
Sold
Nov 9, 2024 In contract -
In contract
Sep 13, 2024 Listed by PREFERRED SHORE LLC $639,000
Listed by PREFERRED SHORE LLC
May 31, 2002 Sold
Sold
Dec 9, 1993 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 14,220
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,806
  • Gross Building Area: 2,006
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOTS 17 & 19 BLK K RIDGEWOOD

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001804

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29-5
  • Account Number: 0075030021
  • Subdivision Tract Number: 354
  • Parcel: 0075-03-0021
  • Block: K
  • Lot: 17,19
  • Meridian: SEC 05 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2899
  • Longitude: -82.523

    Address

  • Full Address: 2341 Pine Ter
  • Address - House Number: 2341
  • Address - Street Name: Pine
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C050
  • 4-Digit Zip Code: 4433
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,034
  • Tax Year: 2023
  • Tax Amount: $511,784
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 891,955
  • High Value: 965,492
  • Low Value: 818,417

    Market Valuation

  • Market Total Value: $383,200
  • Market Land Value: $250,000
  • Market Improvement Value: $133,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,200
  • Assessed Land Value: $250,000
  • Assessed Improvements Value: $133,200

    Sales

  • Current Sale Contract Date: May 28, 2002
  • Current Sale Recording Date: May 31, 2002
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2002087799
  • Previous Sale Recording Date: Dec 09, 1993
  • Previous Sale Contract Date: Dec 07, 1993
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ridgewood


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Nearby Rentals

Unit for rent at 1817 Ivanhoe Street, FL, 34231

$3,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,428 ft²
1817 Ivanhoe Street #AB, FL, 34231 Listing by Tracy Srodes
Unit for rent at 2311 Waldemere Street, SARASOTA, FL, 34239

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,355 ft²
2311 Waldemere Street #A, SARASOTA, FL, 34239 Listing by Katy McBrayer
Unit for rent at 2408 Hillview Street, SARASOTA, FL, 34239

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,208 ft²
2408 Hillview Street, SARASOTA, FL, 34239 Listing by Deserea Hardy


Frequently Asked Questions

When was property at 2341 Pine Terrace built and last sold?
The property at 2341 Pine Terrace was built in 1983 and last sold on May 28, 2002 for $110,000.
How much is this home worth?
The estimated value of the home located at 2341 Pine Terrace is $637,331.
What are some comparable homes to 2341 Pine Terrace?
There are currently no comparable homes to 2341 Pine Terrace.