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324 Julia Place
Sarasota, FL 34236
$1,690,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
2107 Square Feet
Property Description
Step into this 1928 Florida Bungalow nestled in the Heart of Downtown Historic Laurel Park, where timeless charm meets modern convenience. This enchanting home boasts hardwood floors, an updated original wood-burning fireplace, and built-ins throughout, all under 9 ft ceilings adorned with crown molding. The exterior invites you with a quaint front porch featuring a porch swing, while a large wrap-around porch and deck overlook the oversized lot featuring all new landscaping. A fully fenced yard, artificial turf, outdoor lighting, fire pit, and koi pond create an idyllic outdoor oasis. Plus, enjoy off street parking and a covered carport. Inside, discover a spacious kitchen with quartz countertops, custom made Maple cabinets, stainless steel appliances, and a built-in banquette for cozy eat-in meals. The main level also offers 3 bedrooms, 2 baths, one of which has a claw foot tub, an office with closet, a living room, dining room, and spacious laundry room. The primary suite upstairs boasts a large walk-in closet, an updated bath with dual vanity with quartz top and new walk-in shower, and a balcony overlooking the grounds. Updates abound, including new hurricane impact windows and doors, a tankless gas water heater, Nest thermostats, security system, light fixtures, and newly painted interior. With room for a pool and potential for a garage or Mother-in-law suite, this oversized lot offers endless possibilities. Located just steps to Downtown Sarasota amenities and a short drive to beaches, parks, and more, this home offers the Quintessential Florida Lifestyle! Don’t miss this opportunity to own a Historic Gem in Sarasota’s vibrant community!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1928
MLS Number
--
Location
Address
324 JULIA PLACE
City
SARASOTA
State
FL
Zip Code
34236
County
SARASOTA (CITY)
Listing
Name
Phone
(941) 320-4989
Office Name
Office Phone
(941) 552-6036
Agent Name
Jennifer Bright
Agency Phone
(941) 552-6036
House Features
Appliances: Dishwasher, Washer, Microwave, Range, Refrigerator, Garbage Disposer, Dryer
Appliances
Architectural Style: Other
Architectural Style
Construction Materials: Wood Siding
Construction Materials
Flooring: Carpet, Tile, Wood
Flooring
Heating: Fireplace
Heating
Interior Features: Solid Surface Counters, Window Treatments, Walk-in Closet(s), Eat-in Kitchen, Built-in Features, Crown Molding, Stone Counters, Split Bedroom, CEILING FANS(S), THERMOSTAT, SOLID WOOD CABINETS, PRIMARYBEDROOM UPSTAIRS
Interior Features
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Kitchen, Living Room
Rooms
Window Features
Exterior Features: Balcony, Fencing, Rain Gutters
Exterior Features
Fencing: Fenced
Fencing
Parking Features: Carport, Covered, Driveway, Boat
Parking Features
Roof: Metal
Roof
Neighborhood/Schools
Elementary School/District: Southside Elementary
Elementary School/District
Middle/Junior High School/District:
Middle/Junior High School/District
High School/District: SARASOTA HIGH
High School/District
Subvidision Name: POS SUB OF BLKS G & H
Subvidision Name

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.