by RH Advisors

See Home Value
$225,000
House - Off Market

3728 Rilma AVENUE

SARASOTA, FL 34234
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1082 Sqft
$1,163
Estimated Monthly
14.63%
Cap Rate

About This Property

Investors and flippers wanted!!!  Come see this 1951 BLOCK home with 3 bedrooms and 2 full baths.  This house is within one mile of Ringling College, three miles to downtown Sarasota, and within walking distance to the local Wal-Mart and bus stop.  Situated on a mature corner lot with two outbuildings and partially fenced.  With a one-car carport and plenty of paver driveway room for additional parking.  HVAC was replaced in 2022 and the roof was replaced in 2011 and has no leaks.  Two bedrooms feature wood ceilings, maybe cypress?  This property will need work and being sold AS-IS.
Unit Size
1,082Ft²
Days on Market
71 days
Land Size
0.15 acres
Price per sqft
$208
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1951
Last updated: 3 months ago (Stellar MLS #A4594978)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold to Homebuyers Llc Malia $225,000
Sold to Homebuyers Llc Malia
Jan 23, 2024 In contract -
In contract
Jan 13, 2024 In contract -
In contract
Jan 11, 2024 Listed by WAGNER REALTY $225,000
Listed by WAGNER REALTY
Aug 29, 1997 Sold to Constance D Hendrix, Richar... $58,000
Sold to Constance D Hendrix, Richar...

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • 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: 298
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,545
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,082
  • Gross Building Area: 1,360
  • Building Area: 1,082
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,082
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FORD SUB
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 11 BLK A FORD SUB

Ownership

  • Current Owner : MALIA HOMEBUYERS LLC
  • Previous Owner : HENDRIX CONSTANCE D
  • Owner Before Previous Owner: SCHOFIELD NATALIE S
  • Owner Before Previous Owner 2: ROSS BLAINE MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 001000

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 3
  • Account Number: 2004160020
  • Subdivision Tract Number: 859
  • Parcel: 2004-16-0020
  • Block: A
  • Lot: 11
  • Meridian: SEC 12 TWN 36S RNG 17E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3678
  • Longitude: -82.5488

    Address

  • Full Address: 3728 Rilma Ave
  • Address - House Number: 3728
  • Address - Street Name: Rilma
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C011
  • 4-Digit Zip Code: 5332
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 1,658
  • Tax Year: 2023
  • Tax Amount: $691
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.0821
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 220,455
  • High Value: 238,571
  • Low Value: 202,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,400
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Mar 22, 2024
  • First Open Lien Mortgage Loan Amount: $268,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 22, 2054

    Market Valuation

  • Market Total Value: $141,100
  • Market Land Value: $83,500
  • Market Improvement Value: $57,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,843

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Transaction ID: 11923098030
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 39470
  • Previous Sale Recording Date: Aug 29, 1997
  • Previous Sale Contract Date: Aug 22, 1997
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Mar 22, 2024
  • First Mortgage Loan Amount: $268,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: P H H MTG SVC CORP
  • Previous Mortgage Transaction Date: Aug 29, 1997
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $57,761
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,184 ft²
$211/ft²
$250,000 Jul 22, 2023
$250,000 Feb 22, 2024
$146/mo
House
3 Beds
1 Bath
1,100 ft²
$227/ft²
$250,000 Jul 18, 2023
$250,000 Aug 17, 2023
$243/mo
House
3 Beds
1 Bath
864 ft²
$208/ft²
$180,000 Oct 16, 2023
$180,000 Dec 11, 2023
$18/mo
House
2 Beds
2 Baths
1,050 ft²
$229/ft²
$240,000 Aug 4, 2023
$240,000 Sep 15, 2023
$234/mo
House
2 Beds
2 Baths
966 ft²
$240/ft²
$232,000 Feb 15, 2024
$232,000 Mar 19, 2024
$190/mo
House
2 Beds
2 Baths
1,197 ft²
$225/ft²
$269,000 Nov 7, 2023
$269,000 Dec 8, 2023
$539/mo
In Contract
House
3 Beds
1 Bath
899 ft²
$211/ft²
$189,900 Mar 7, 2024
-
$22/mo
House
2 Beds
2 Baths
1,078 ft²
$231/ft²
$248,500 Feb 15, 2024
-
$837/mo
House
2 Beds
2 Baths
1,074 ft²
$210/ft²
$225,000 Feb 9, 2024
-
$817/mo
Mobile / Manufactured
3 Beds
2 Baths
1,014 ft²
$186/ft²
$189,000 Dec 13, 2023
-
$189/mo
In Contract
House
2 Beds
1 Bath
1,198 ft²
$184/ft²
$219,900 Feb 13, 2024
-
$169/mo
House
2 Beds
1 Bath
1,023 ft²
$191/ft²
$195,000 Feb 1, 2024
-
$170/mo

About Bayou Oaks


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Frequently Asked Questions

When was property at 3728 Rilma Avenue built and last sold?
The property at 3728 Rilma Avenue was built in 1951 and last sold on Mar 22, 2024 for $225,000.
How much is this home worth?
The estimated value of the home located at 3728 Rilma Avenue is $229,515.
What are some comparable homes to 3728 Rilma Avenue?
Homes that are comparable to 3728 Rilma Avenue include a mobile / manufactured property at 4802 Brae Burn Avenue, a house property at 1377 23rd Street, 3027 Church Avenue.

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