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507 Hancock Ave; Sarasota, FL Property Details

507 Hancock Ave, Sarasota, FL is a Single Family that was built in 1994. This property is not for sale. Our records show that 507 Hancock Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,996 square feet. The lot size of 507 Hancock Ave is 32,642 square feet.

Off market
507 Hancock Ave Sarasota, FL 34232
$224,960 Estimated Value
3 Beds
2 Baths
1,996 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $15,000
  • Est. Equity / %: $576,000 / 100%
  • Gross Yield: 8.619%
  • APN: 0047-14-0001
  • Situs County: Sarasota
  • Length Of Ownership: 32 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Masonry
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Stucco
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: C
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Septic
  • Water Source: Municipal

Measurements

  • Total: 1,996/SqFt
  • Lot: 32,642/SqFt
  • Gross: 2,671/SqFt
  • Garage: 483/SqFt
  • Living: 1,996/SqFt
  • Building: 2,479/SqFt
  • Ground: 1,996/SqFt
  • Price Per Square Foot: $7.52

Legal Description

  • Description: LOTS 1 & 2 BLK I GREEN ACRES OR 2587/972
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.331978 / -82.4562
  • Subdivision: Green Acres
  • Property Class: Residential
  • Zoning: RSF2
  • County Use Code: 0100

Amenities

  • Plus Four: 6706
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

507 Hancock Ave has no associated ownership info
507 Hancock Ave has no associated ownership info.

Taxes

507 Hancock Ave has 9 associated Taxes items

507 Hancock Ave, 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 $224,960. The APN we've located for 507 Hancock Ave is 0047-14-0001.

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Taxes
  • Assessed Value:  $224,960
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  0047-14-0001
  • Market Land Value:  295800
  • Tax Amount:  2776.4
  • Tax Year:  2024
  • Market Value:  553500
  • Market Year:  2025

Tax History

507 Hancock Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $224,960 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $218,620 Land Value Improvement Value Tax Amount $2,776.4 Change Rate +0.05099% Assessed CR Tax Rate +0.0127%
Year 2023 Assessed Value $212,252 Land Value Improvement Value Tax Amount $2,641.7 Change Rate +0.174731% Assessed CR Tax Rate +0.012446%
Year 2022 Assessed Value $181,507 Land Value Improvement Value Tax Amount $2,248.77 Change Rate +0.015943% Assessed CR Tax Rate +0.012389%
Year 2021 Assessed Value $170,298 Land Value Improvement Value Tax Amount $2,213.48 Change Rate +0.00391% Assessed CR Tax Rate +0.012998%
Year 2020 Assessed Value $167,947 Land Value Improvement Value Tax Amount $2,204.86 Change Rate +0.041797% Assessed CR Tax Rate +0.013128%
Year 2019 Assessed Value $164,171 Land Value Improvement Value Tax Amount $2,116.4 Change Rate +0.030169% Assessed CR Tax Rate +0.012891%
Year 2018 Assessed Value $161,110 Land Value Improvement Value Tax Amount $2,054.42 Change Rate -0.005229% Assessed CR Tax Rate +0.012752%
Year 2017 Assessed Value $157,796 Land Value Improvement Value Tax Amount $2,065.22 Change Rate Assessed CR Tax Rate +0.013088%
Year 2016 Assessed Value $251,500 Land Value $96,400 Improvement Value $155,100 Tax Amount $2,065.22 Change Rate Assessed CR Tax Rate +0.008212%
Year 2015 Assessed Value $217,600 Land Value $80,000 Improvement Value $137,600 Tax Amount $2,065.22 Change Rate +0.00446% Assessed CR Tax Rate +0.009491%
Year 2014 Assessed Value $150,008 Land Value Improvement Value Tax Amount $2,056.05 Change Rate Assessed CR Tax Rate +0.013706%