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2740 Silver King Way

2740 Silver King Way, Sarasota, FL 34231
Property in Gulf Gate
Sold Dec 17, 2020
$290,000
$232,000 by Liberty Savings Bank Fsb
Mortgage Due Jan 01, 2051
Sold Jun 10, 2016
$230,000
Local assessors in Sarasota, FL have categorized 2740 Silver King Way as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 7,750 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2740 Silver King Way has a total of 1,748 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 220 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 11, 2020 for $290,000. That's $165.90 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2016 for $230,000. 2740 Silver King Way was last assessed in 2023. The total value of the property was assessed at $237,748. 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 $2,865. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1962
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • 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: Garage
  • Garage Square Area: 220
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,750
  • Total Building Area: 1,748
  • Gross Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: GULF GATE UNIT 06
  • Land Acres: 0.178
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 BLK 22 GULF GATE UNIT 6

Ownership

  • Current Owner : SCHMID ERIKA M
  • Current Owner 2: BROWNE NICHOLAS A
  • Previous Owner : THOMPSON KEVIN
  • Previous Owner 2: BEALE THOMPSON JANE
  • Owner Before Previous Owner: BOGART ANTHONY
  • Owner Before Previous Owner 2: MONROE KATHERINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L020 A055 F052
  • Census Tract: 002003

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29-16
  • Account Number: 0102060028
  • Subdivision Tract Number: 1595
  • Parcel: 0102-06-0028
  • Block: 22
  • Lot: 18
  • Meridian: SEC 16 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2593
  • Longitude: -82.5078

    Address

  • Full Address: 2740 Silver King Way
  • Legal Unit: 6
  • Address - House Number: 2740
  • Address - Street Name: Silver King
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C054
  • 4-Digit Zip Code: 5725
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,004
  • Tax Year: 2023
  • Tax Amount: $2,865
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 450,733
  • High Value: 526,096
  • Low Value: 375,370

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: LIBERTY SAVINGS BANK FSB
  • First Open Lien Mortgage Recording Date: Dec 17, 2020
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $332,900
  • Market Land Value: $145,400
  • Market Improvement Value: $187,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,748

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 17, 2020
  • Current Sale Transaction ID: 11807941946
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020179526
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Contract Date: Jun 06, 2016
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LIBERTY SAVINGS BANK FSB
  • First Mortgage Transaction Date: Dec 17, 2020
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 2740 Silver King Way located in?
The 2740 Silver King Way is a located in the neighborhood of Gulf Gate in Gulf Gate, Sarasota.
What is the average sales price for listings in 2740 Silver King Way?
The average sales price for units in 2740 Silver King Way is $0 currently.

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