by RH Advisors

See Home Value
$370,000
House - Off Market

2429 Terry LANE

SARASOTA, FL 34231
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1560 Sqft
$381,533
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This beautifully remodeled 2/2 single family home (not a duplex) is in Gulf Gate Estates. Districted to the highly sought-after schools of Gulf Gate Elementary and Riverview High School, this home is only minutes from award winning Siesta Key beach. The open concept floor plan boasts ceramic tile throughout the home, a dinette off the kitchen, a second living room, and a sunroom perfect for enjoying the cool weather. Brand new hot water heater (2023), newer microwave and dishwasher (2022), and all other appliances are from 2016.  Extremely LOW $116/month HOA fee includes lawn maintenance and cable TV!  Plenty of closet space and extremely convenient location close to shopping, downtown, beaches and entertainment. This low HOA maintenance-free community is a perfect place to call your winter retreat or permanent residence!
Unit Size
1,560Ft²
Days on Market
98 days
Land Size
0.13 acres
Price per sqft
$240
Property Type
House
Property Taxes
$180
HOA Dues
$116
Year Built
1969
Last updated: 2 months ago (Stellar MLS #A4557103)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold to Brent Andrew Richards $370,000
Sold to Brent Andrew Richards
Apr 26, 2023 No longer available -
No longer available
Mar 21, 2023 In contract -
In contract
Mar 13, 2023 Price Decreased $375,000
↓ $10K (2.6%)
Price Decreased
Feb 7, 2023 Price Increased $385,000
↑ $10K (2.7%)
Price Increased
Show More

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GULF GATE MANOR UNIT 3
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SWLY 16.33 FT OF LOT 15 & BEG MOST ELY COR LOT 14 TH S 39-36-08 W 6.99 FT TH SWLY ALG CURV TO LEFT RAD OF 50 FT 15.23 FT TH N 61- 23-52 W 114.4 FT TH N 39- 36-08 E 43.82 FT TH S 50- 23-52 E 110 FT TO

Ownership

  • Current Owner : RICHARDS BRENT ANDREW
  • Previous Owner : ZAROUK LUCILLE
  • Previous Owner 2: ZAROUK MEYER W
  • Owner Before Previous Owner: RUSSELL GILLIAN
  • Owner Before Previous Owner 2: RUSSELL MATTHEW
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002003

Zoning

  • Zoning: RMF2

Geography

  • Assessors Map Reference: 29-17
  • Account Number: 0103150061
  • Subdivision Tract Number: 1697
  • Parcel: 0103-15-0061
  • Block: 8
  • Lot: 15,14
  • Meridian: SEC 17 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2636
  • Longitude: -82.5186

    Address

  • Full Address: 2429 Terry Ln
  • Address - House Number: 2429
  • Address - Street Name: Terry
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C089
  • 4-Digit Zip Code: 5932
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 1,560
  • Tax Year: 2023
  • Tax Amount: $2,257
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1811
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 396,965
  • High Value: 468,858
  • Low Value: 325,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $382,210
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Apr 27, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $382,210
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $291,300
  • Market Land Value: $104,300
  • Market Improvement Value: $187,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,599

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Transaction ID: 11905789711
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 67967
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 22, 2020
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL, INC.
  • First Mortgage Transaction Date: Apr 27, 2023
  • First Mortgage Loan Amount: $382,210
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2053

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,240 ft²
$306/ft²
$380,000 Sep 22, 2023
$380,000 Nov 1, 2023
$287/mo
House
2 Beds
2 Baths
1,613 ft²
$248/ft²
$400,000 Jul 24, 2023
$400,000 Feb 27, 2024
$351/mo
House
2 Beds
2 Baths
1,434 ft²
$335/ft²
$480,000 May 17, 2023
$480,000 Jul 12, 2023
$232/mo
House
2 Beds
2 Baths
1,228 ft²
$248/ft²
$305,000 Oct 18, 2023
$305,000 Nov 17, 2023
$803/mo
House
2 Beds
2 Baths
1,412 ft²
$304/ft²
$429,900 Jul 27, 2023
$429,900 Oct 27, 2023
$293/mo
House
2 Beds
2 Baths
1,227 ft²
$269/ft²
$330,000 Apr 6, 2023
$330,000 May 25, 2023
$264/mo
House
2 Beds
2 Baths
1,480 ft²
$243/ft²
$360,000 Mar 7, 2024
-
$174/mo
House
2 Beds
2 Baths
1,480 ft²
$247/ft²
$365,000 Feb 4, 2024
-
$742/mo
House
2 Beds
2 Baths
1,209 ft²
$298/ft²
$359,900 Jan 18, 2024
-
$824/mo
House
2 Beds
2 Baths
1,340 ft²
$284/ft²
$379,900 Mar 2, 2024
-
$289/mo
House
2 Beds
2 Baths
1,340 ft²
$246/ft²
$329,900 Jan 14, 2024
-
$261/mo
House
2 Beds
1 Bath
1,050 ft²
$343/ft²
$360,000 Oct 5, 2023
-
$305/mo

About Gulf Gate Manor


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Frequently Asked Questions

When was property at 2429 Terry Lane built and last sold?
The property at 2429 Terry Lane was built in 1969 and last sold on Apr 21, 2023 for $370,000.
How much is this home worth?
The estimated value of the home located at 2429 Terry Lane is $378,750.
What are some comparable homes to 2429 Terry Lane?
There are currently no comparable homes to 2429 Terry Lane.

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