Taxes
- Assessed Value: $562,896
- Assessed Year: 2025
- Assessed County: Sarasota
- APN: 2027-09-0074
- Market Land Value: 530400
- Tax Amount: 7675.98
- Tax Year: 2024
- Market Value: 829900
- Market Year: 2025
516 Madison Ct; Sarasota, FL Property Details
Off market
516 Madison Ct Sarasota, FL 34236
$712,500 Listing Price
2 Beds
2 Baths
1,408 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Year Built: 1925
- Purchase Price: $712,500
- Open Loans / Balance: 1 / $249,672
- Est. Equity / %: $977,328 / 79.65%
- Gross Yield: 6.891%
- APN: 2027-09-0074
- Situs County: Sarasota
- Length Of Ownership: 10 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 6
Structure
- Building Style: Masonry
- Floor Cover Type: Wood
- Stories: 1
- Exterior Wall Type: Stucco
- Interior Wall Type: Plaster
- Building Condition: Average
- Building Quality: A
- Roof Type: Flat
- Roof Cover Type: Composition Shingle
- Sewer Type: Municipal
- Water Source: Municipal
Measurements
- Total: 1,408/SqFt
- Lot: 5,120/SqFt
- Gross: 1,408/SqFt
- Garage: 324/SqFt
- Living: 1,408/SqFt
- Building: 1,408/SqFt
- Ground: 1,408/SqFt
- Price Per Square Foot: $506.04
Legal Description
- Description: S 15.9 FT OF LOT 4, ALL OF LOT 5 & N 6.9 FT OF LOT 6, RESUB OF LOTS 17 19 21 & 23 SUB OF LOT 15 BLK G PLAT OF SARASOTA
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: 27.33222 / -82.53355
- Subdivision: Owen Burns Sub Lots 17 19 21 & 23 Blk G
- Property Class: Residential
- Zoning: RSM9
- County Use Code: 0100
Amenities
- Plus Four: 7120
- Cooling: Central
- Garage: Detached Garage
- Heating: Central
- Parking: 1
HOA
- H O A One: $25
- H O A Amount: $25
- H O A One Frequency: Annual
- H O A One Type: Home Owner Association
Ownership Info
516 Madison Ct has no associated ownership info
516 Madison Ct has no associated ownership info.
Taxes
516 Madison Ct has 9 associated Taxes items
516 Madison Ct, 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 $562,896. The APN we've located for 516 Madison Ct is 2027-09-0074.
Unlock the full reportTax History
516 Madison Ct has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $562,896 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $547,032 | Land Value | Improvement Value | Tax Amount $7,675.98 | Change Rate +0.028163% | Assessed CR | Tax Rate +0.014032% |
| Year 2023 | Assessed Value $531,099 | Land Value | Improvement Value | Tax Amount $7,465.72 | Change Rate +0.027232% | Assessed CR | Tax Rate +0.014057% |
| Year 2022 | Assessed Value $515,630 | Land Value | Improvement Value | Tax Amount $7,267.8 | Change Rate -0.010024% | Assessed CR | Tax Rate +0.014095% |
| Year 2021 | Assessed Value $500,612 | Land Value | Improvement Value | Tax Amount $7,341.39 | Change Rate -0.011379% | Assessed CR | Tax Rate +0.014665% |
| Year 2020 | Assessed Value $493,700 | Land Value $318,000 | Improvement Value $175,700 | Tax Amount $7,425.89 | Change Rate +0.026486% | Assessed CR | Tax Rate +0.015041% |
| Year 2019 | Assessed Value $482,802 | Land Value | Improvement Value | Tax Amount $7,234.28 | Change Rate -0.277739% | Assessed CR | Tax Rate +0.014984% |
| Year 2018 | Assessed Value $653,800 | Land Value $448,800 | Improvement Value $205,000 | Tax Amount $10,016.16 | Change Rate +6.167301% | Assessed CR | Tax Rate +0.01532% |
| Year 2017 | Assessed Value $552,408 | Land Value | Improvement Value | Tax Amount $1,397.48 | Change Rate | Assessed CR | Tax Rate +0.00253% |
| Year 2016 | Assessed Value $506,500 | Land Value $321,400 | Improvement Value $185,100 | Tax Amount $1,397.48 | Change Rate | Assessed CR | Tax Rate +0.002759% |
| Year 2015 | Assessed Value $367,600 | Land Value $255,600 | Improvement Value $112,000 | Tax Amount $1,397.48 | Change Rate +0.004832% | Assessed CR | Tax Rate +0.003802% |
| Year 2014 | Assessed Value $96,561 | Land Value | Improvement Value | Tax Amount $1,390.76 | Change Rate | Assessed CR | Tax Rate +0.014403% |