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1227 40th St; Sarasota, FL Property Details

1227 40th St, Sarasota, FL is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 1227 40th St has 2 bedrooms, and 2 bathrooms, and a total of 1,223 square feet. The lot size of 1227 40th St is 20,700 square feet.

Off market
1227 40th St Sarasota, FL 34234
$155,000 Listing Price
2 Beds
2 Baths
1,223 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1927
  • Purchase Price: $155,000
  • Est. Equity / %: $256,000 / 100%
  • APN: 0026-12-0074
  • Situs County: Sarasota
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Paneling
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,223/SqFt
  • Lot: 20,700/SqFt
  • Gross: 1,783/SqFt
  • Garage: 432/SqFt
  • Living: 1,223/SqFt
  • Building: 1,655/SqFt
  • Ground: 1,223/SqFt
  • Price Per Square Foot: $126.74

Legal Description

  • Description: LOTS 21 22 23 & 24 BLK D PALM GROVE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.369692 / -82.54644
  • Subdivision: Palm Grove
  • Property Class: Residential
  • Zoning: RSF3
  • County Use Code: 0105

Amenities

  • Plus Four: 4609
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central

HOA

  • H O A One: $1,200
  • H O A Amount: $1,200
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

1227 40th St has no associated ownership info
1227 40th St has no associated ownership info.

Taxes

1227 40th St has 9 associated Taxes items

1227 40th St, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $250,940. The APN we've located for 1227 40th St is 0026-12-0074.

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Taxes
  • Assessed Value:  $250,940
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0026-12-0074
  • Market Land Value:  181000
  • Tax Amount:  3833.54
  • Tax Year:  2024
  • Market Value:  269800
  • Market Year:  2025

Tax History

1227 40th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $250,940 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $219,673 Land Value Improvement Value Tax Amount $3,833.54 Change Rate +0.111316% Assessed CR Tax Rate +0.017451%
Year 2023 Assessed Value $232,000 Land Value $170,800 Improvement Value $61,200 Tax Amount $3,449.55 Change Rate +0.078119% Assessed CR Tax Rate +0.014869%
Year 2022 Assessed Value $219,900 Land Value $157,400 Improvement Value $62,500 Tax Amount $3,199.6 Change Rate +0.047113% Assessed CR Tax Rate +0.01455%
Year 2021 Assessed Value $192,100 Land Value $127,400 Improvement Value $64,700 Tax Amount $3,055.64 Change Rate +0.110237% Assessed CR Tax Rate +0.015907%
Year 2020 Assessed Value $157,400 Land Value $95,800 Improvement Value $61,600 Tax Amount $2,752.24 Change Rate +0.111693% Assessed CR Tax Rate +0.017486%
Year 2019 Assessed Value $136,400 Land Value $72,000 Improvement Value $64,400 Tax Amount $2,475.72 Change Rate +0.23449% Assessed CR Tax Rate +0.01815%
Year 2018 Assessed Value $127,100 Land Value $75,500 Improvement Value $51,600 Tax Amount $2,005.46 Change Rate +0.055978% Assessed CR Tax Rate +0.015779%
Year 2017 Assessed Value $82,282 Land Value Improvement Value Tax Amount $1,899.15 Change Rate +0.257366% Assessed CR Tax Rate +0.023081%
Year 2016 Assessed Value $104,400 Land Value $56,400 Improvement Value $48,000 Tax Amount $1,510.42 Change Rate -0.041593% Assessed CR Tax Rate +0.014468%
Year 2015 Assessed Value $77,200 Land Value $32,800 Improvement Value $44,400 Tax Amount $1,575.97 Change Rate +0.167913% Assessed CR Tax Rate +0.020414%
Year 2014 Assessed Value $56,200 Land Value Improvement Value Tax Amount $1,349.39 Change Rate Assessed CR Tax Rate +0.02401%