NOT LISTED FOR SALE

Estimated Value: $865,000 - $927,000

2 Beds
2 Baths
1,483 Sq Ft
$1,197/mo HOA Fee

Last Sold April 05, 2024

Last sale price $909,000 $613 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,693/month

3 Days on Market

Highlights

  • Fitness Center
  • City View
  • Open Floorplan
  • Southside Elementary School Rated A
  • 1.09 Acre Lot
  • 4-minute walk to Myakka State Park

About This Home

As of April 2024

Completely renovated with high quality finishes! This beautiful 3-bedroom, 2-bathroom condominium is more than just a home; it’s a carefully crafted living space utilizing California Closets to maximize every space to its fullest potential. The open concept living area has floor-to-ceiling sliding glass doors leading to a private balcony with views of downtown Sarasota. The kitchen features quartz countertops, sleek Samsung appliances, and new cabinets that seamlessly combine style and practicality. The owner’s suite has custom closet built-ins plus an en suite bathroom complete with walk-in shower w/caddy inset, garden tub, vanity mirror with make-up light and a battery-operated medicine cabinet with motion sensor light for nighttime. The attention to detail extends to every corner of this condominium, with a custom-built desk and cabinetry, offering a dedicated space for work or organization. Other features include composite ceramic tile and wood flooring, recessed lighting, plantation shutters, remote controlled shades & ceiling fans as well as custom built-in armoire’s in 2 bedrooms for additional closet/storage space. This residence comes with two parking spaces and an extra-large storage room. Rivo at Ringling provides easy access to downtown Sarasota's offerings while offering a peaceful retreat from the hustle and bustle. Fine dining, boutique shopping, and entertainment are minutes away. The third-floor amenities, including a heated pool, spa, outdoor grill, state-of-the-art gym, social room, and a convenient bike room, enhance this luxury living experience.

Last Listed By

Bibi-Ann Allard

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-951-6660 License #0697394 Listed on: 02/02/2024

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,659

Year Built

  • Built in 2006

Lot Details

  • 1.09

HOA Fees

  • $1,197 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking
  • 2 Parking Garage Spaces
  • Deeded Parking

Home Design

  • Concrete Siding
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,483 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shades
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered patio or porch

Schools

  • Southside Elementary School
  • Booker Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • High-Rise Condominium
  • Rivo At Ringling Community
  • Rivo At Ringling Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Security Service
  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,659

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,197 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1483
  • Lot Size Acres: 1.09
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1615
  • Lot Size Sq Ft: 47455
  • Directions to Property: Ringling Blvd to North on Osprey. Rivo building is at the corner of Ringling & Osprey Ave.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 6
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 612.95
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-951-6660
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Impact Glass/Storm Windows, Shades, Shutters
  • Street Number Modifier: 1771
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 137.78
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0133F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Deeded, Garage Door Opener, Guest, On Street, Under Building

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Wheelchair Access
  • Association: No
  • Security: Fire Sprinkler System, Key Card Entry, Secured Garage / Parking, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Building Name Number: RIVO AT RINGLING
  • Condo Fees: 1197
  • Condo Land Included YN: 0
  • Max Pet Weight: 50
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 1197
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 14364.00
  • Total Monthly Fees: 1197.00

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: DTC
  • Parcel Number: 2027071005
  • Additional Parcels: No
  • Lot Features: City Limits
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 4409

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 2 years ownership required prior to leasing.

Tax Info

  • Tax Annual Amount: 5658.64
  • Tax Lot: 605

Multi Family

  • Approval Process: Application fee and HOA approval are required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Apr 4, 2024
Sold by
Cueva-Eguiguren Mauricio and Cueva-Eguiguren Paulina
Bought by
Meyer Mary Jo and William W Meyer Iii Descendants Trust
Seller's Agent
Bibi-Ann Allard
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Philip Pisano, III
MICHAEL SAUNDERS & COMPANY
List Price
$909,000
Sold Price
$909,000
Total Days on Market
3
Views
59
Current Estimated Value
$897,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,291
Avg. Annual Appreciation
-1.68%

Purchase Details

Closed on
Sep 5, 2017
Sold by
Mariash Brian A
Bought by
Cueva Eguigureen Mauricio and Carmen Cueva Maria Del

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Zimath Steven and Zimath Valerie
Bought by
Mariash Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2008
Sold by
Zimath Steven and Zimath Valerie
Bought by
Berlin Jeffrey and Berlin Janice A

Purchase Details

Closed on
Sep 29, 2008
Sold by
Jackel Lawrence
Bought by
Zimath Steven and Zimath Valerie

Purchase Details

Closed on
Nov 17, 2006
Sold by
The Rivo At Ringling Llc
Bought by
Zimath Steven and Zimath Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meyer Mary Jo $909,000 None Listed On Document
Cueva Eguigureen Mauricio $495,000 None Available
Mariash Brian J $415,000 Attorney
Berlin Jeffrey -- Attorney
Zimath Steven -- Attorney
Zimath Steven $381,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cueva Eguigureen Mauricio $396,000
Previous Owner Mariash Brian J $411,250
Previous Owner Zimath Steven J $230,000
Previous Owner Zimath Steven J $75,000
Previous Owner Zimath Steven $304,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $909,000 0.0% $613 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $909,000 -- $613 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,834 $429,113 -- --
2023 $5,834 $416,615 $0 $0
2022 $5,664 $404,481 $0 $0
2021 $5,693 $392,700 $0 $392,700
2020 $5,387 $364,300 $0 $364,300
2019 $5,915 $398,500 $0 $398,500
2018 $6,290 $381,900 $0 $381,900
2017 $5,315 $356,400 $0 $356,400
2016 $6,070 $356,400 $0 $356,400
2015 $5,881 $337,200 $0 $337,200
2014 $5,663 $291,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4598290

Stellar MLS

APN: 2027-07-1005