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Property Q&A in 34223 : Real Estate Advice

  • All25
  • Local Info3
  • Home Buying13
  • Home Selling1
  • Market Conditions1

Activity 3
Wed Apr 30, 2014
mikephillyfan asked:
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This question was asked from this property: http://www.trulia.com/homes/Florida/Englewood/sold/25220162-23-Savona-Ave-Englewood-FL-34223?ecampaign=con_day_propertycomp_bk&eurl=ww…
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Wed Sep 9, 2009
Alex Krumm answered:
It really depends on the property. As far as taxes are concerned, a good rule of thumb is 1.5% of the home's value - but keep in mind that the price you pay for the home doesn9;t have a major effect on what value the county will assess your home. In our area homes are based on aggregate sales of comparable homes; if you purchase a home for $100,000, it is possible the county will assess you at $125,000. Current taxes on a property are readily accessible through the public records, and a Realtor should be able to get them for you.

An owner-occupied residence may also qualify for the $50,000 homestead exemption, which would also limit the amount your assessed value can go up by 3% a year - regardless of what the market around you is doing.

Homeowners insurance will vary widely based on the home's age, condition, and location, not to mention the company you get the insurance from, the deductible amounts and the amount of coverage. You'd do best to contact some insurers in our area to get pricing.

Alex Krumm
Re/Max Alliance Group
Broker Associate, GRI, Certified Distressed Property Expert
941-234-3597 Direct
941-954-5454 Office
alex.krumm@verizon.net
www.sarasotapropertygroup.com
... more
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Wed Oct 15, 2008
Christina Sabatelli answered:
I thought I might be able to answer this question for Dianne as this home is listed with our company. If you are still interested in this property I can e-mail you the listing information with google earth aereal photo's. Depending on the height of your boat there is one fixed bridge to the Bay or Intracoastal and a draw bridge out to open water. I would say it would probobly take maybe 45 minutes to be in the Gulf of Mexico it might take a little longer but there is so much to see along the way.
for more information please contact us.
christinasabatelli@michaelsaunders.com
... more
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