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Sold for $385,000
  • $385,000

    3042 Lockwood Ter, Sarasota, FL 34231

    2beds
    1,390sqft
    Single Family Residence
    Built in 1965
    9,300 Square Feet Lot
    $366,900 Zestimate®
    $277/sqft
    $2,999 Estimated rent

    Home value

    $366,900

    $330,000 - $407,000

    $2,999/mo

    Zestimate® history
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    What's special

    Built-in electric fireplaceFully updated kitchenLarge flat lotsElegant paversMassive patioQuiet streetCrown molding
    Charming Gulf Gate Gem! Move-In Ready, Renovated 2-Bedroom, 2-Bathroom home plus 37 x 16 bonus flex space in the highly sought-after Gulf Gate neighborhood – Only Minutes from the World-Famous #1 Beach in America, Siesta Key! Welcome to this meticulously maintained, renovated single-family home located on a quiet street in the heart of Gulf Gate. This one-story oasis offers 2 bedrooms, 2 full bathrooms, and a fully updated kitchen featuring stainless-steel appliances, modern countertops, and stylish fixtures. The laundry room and pantry are located right off the kitchen, adding extra convenience to everyday living. The bright and airy family room, with a built-in electric fireplace, is the perfect place to relax and entertain. A cozy space off the kitchen offers an area ideal for relaxing after a glorious day at the beach. The large second living space in the rear of the home offers versatility, whether you envision it as a dining area, office, or additional living space. Large plank, wood-inspired tile floors flow throughout the entire home creating a cohesive and inviting environment. Crown molding adds a lovely touch of sophistication. Step outside to a massive patio with elegant pavers, seamlessly connected to a beautifully landscaped yard. This outdoor area is ready for your personal touch—whether you envision a pool, lanai, or expanded outdoor living space. The absolute coolest feature of this home is the MASSIVE, FULLY PERMITTED flex space in the rear of the home! The 37 x 16 attached space is drywalled and equipped with A/C & electrical. The possibilities for this room are endless—perfect for a home gym, workshop, studio, home office, pool house or guest suite. It won’t take much to finish off the space! Gulf Gate is known for its large, flat lots, giving owners ample room to grow, with potential for future home additions and amazing outdoor spaces. Convenience is key with this property’s central location. Endless shopping options, including Publix, Costco, highly rated local restaurants, and more are just minutes away. Whether you’re heading out for a day on Siesta Key’s powdered sugar sands, exploring downtown Sarasota, St. Armands Circle, and beyond, every destination is extremely convenient. The shops and restaurants in Gulf Gate are a quick walk or bike ride from your front door! This home has been beautifully cared for and offers a rare opportunity to own a renovated gem in one of Sarasota’s most desirable neighborhoods. If you are looking for an investment property, this home offers tremendous opportunities for rental income. The roof was replaced, and the interior re-piped in 2009. An ADT alarm system and several newer hurricane windows give you peace of mind. Buyers, this is a great time to make a purchase in a highly desirable area of Sarasota!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Ann Keenan 614-397-6482,

    COLDWELL BANKER SARASOTA CENT. 941-487-5600

    Bought with:

    Chelsie Mocoroa Gobel, 3517197

    KELLER WILLIAMS ON THE WATER S

    Source: Stellar MLS,MLS#: A4641991MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Area: 194.56 Square Feet
    • Dimensions: 12.8x15.2
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 156.09 Square Feet
    • Dimensions: 12.1x12.9
    Primary bathroom
    • Features: Linen Closet
    • Level: First
    • Area: 49.4 Square Feet
    • Dimensions: 5.2x9.5
    Bathroom 2
    • Features: No Closet
    • Level: First
    • Area: 32.56 Square Feet
    • Dimensions: 4.4x7.4
    Dining room
    • Features: No Closet
    • Level: First
    • Area: 206 Square Feet
    • Dimensions: 10x20.6
    Kitchen
    • Features: No Closet
    • Level: First
    • Area: 82.82 Square Feet
    • Dimensions: 8.2x10.1
    Laundry
    • Features: Storage Closet
    • Level: First
    • Area: 51 Square Feet
    • Dimensions: 5.1x10
    Living room
    • Features: Coat Closet
    • Level: First
    • Area: 265.74 Square Feet
    • Dimensions: 12.9x20.6
    Other
    • Features: No Closet
    • Level: First
    • Area: 592 Square Feet
    • Dimensions: 16x37
    Heating
    • Electric
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
    • Laundry: Laundry Room, Washer Hookup
    Features
    • Crown Molding
    • Flooring: Carpet, Ceramic Tile
    • Windows: Hurricane Shutters/Windows
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,335
    • Total interior livable area: 1,390 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Covered, Driveway, On Street
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Garden, Private Mailbox, Sidewalk, Storage
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 9,300 Square Feet
    • Features: Cleared, Landscaped, Level, Near Golf Course, Sidewalk
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 0102150008
    • Zoning: RSF3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Concrete
    • Foundation: Block, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Street Lights, Water Connected

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Security System Leased
    • Pet fee: $0 monthly
    • Subdivision: GULF GATE
    HOA
    • Has HOA: Yes
    • HOA fee: $6 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $314,700
    • Annual tax amount: $1,708
    • Date on market: 3/3/2025
    • Cumulative days on market: 45 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    6/11/2025Sold$385,000-1%$277/sqft
    Source: Stellar MLS #A4641991 Report a problem
    4/28/2025Pending sale$389,000$280/sqft
    Source: Stellar MLS #A4641991 Report a problem
    4/15/2025Listed for sale$389,000$280/sqft
    Source: Stellar MLS #A4641991 Report a problem
    4/5/2025Pending sale$389,000$280/sqft
    Source: Stellar MLS #A4641991 Report a problem
    3/31/2025Price change$389,000-7.2%$280/sqft
    Source: Stellar MLS #A4641991 Report a problem
    3/4/2025Listed for sale$419,000$301/sqft
    Source: Stellar MLS #A4641991 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,778 +4.1%$144,170 +2.9%
    2024$1,708 +6.2%$140,107 +3%
    2023$1,609 +1.5%$136,026 +3%
    2022$1,584 +3.7%$132,064 +6%
    2021$1,527 +0.9%$124,625 +1.4%
    2020$1,514 +4.9%$122,904 +2.3%
    2019$1,443 $120,141 +1.9%
    2018$1,443 +3.2%$117,901 +2.1%
    2017$1,397 +0.6%$115,476 -32.9%
    2016$1,390 $172,200 +7.3%
    2015$1,390 -28.8%$160,500 +66.4%
    2014$1,951 +15%$96,470
    2013$1,696 +8%$96,470 +10%
    2012$1,571 -7.8%$87,700 -7.8%
    2011$1,703 -11.8%$95,100 -12.6%
    2010$1,932 -23.2%$108,800 -11.2%
    2009$2,516 $122,500 -24.5%
    2008$2,516 -20.7%$162,300 -23.9%
    2007$3,172 $213,300 +5.1%
    2006-- $202,900 +29.1%
    2005-- $157,200 +27.4%
    2004$2,259 +6.6%$123,400 +12%
    2003$2,119 +13%$110,200 +18.4%
    2002$1,876 +11.9%$93,100 +8.8%
    2001$1,676 +1.9%$85,600 +3.6%
    2000$1,645 $82,600
    Find assessor info on the county website

    Neighborhood: Gulf Gate Estates

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Gate Elementary
    • Middle: Brookside Middle
    • High: Riverview High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $366,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $366,900