NOT LISTED FOR SALE

1501 Bern Creek Loop Sarasota, FL 34240

Estimated Value: $924,009 - $1,527,000

4 Beds
2.5 Baths
3,694 Sq Ft
$332/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $650,000 $176 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,995/month

285 Days on Market

Highlights

  • Barn
  • Horses Allowed in Community
  • Screened Pool
  • Tatum Ridge Elementary School Rated A-
  • Oak Trees
  • Reverse Osmosis System

About This Home

As of December 2020

This one of a kind 4 bedroom 2.5 baths horse property with 10 usable acres, 7 stall barn with tack room, feed room, outside double pony stalls, 5 Paddocks and Olympic size dressage arena with lights. Spring fed pond. Large caged pool and spa. Heater for pool needs service. Dual HVAC. Granite counters, stainless appliances, wood floors. Large concrete building with steel roof for storage/workshop. 2 wood burning fireplaces.

Last Agent to Sell the Property

Carolyn Davis

SABAL REAL ESTATE License #0438671 Listed on: 01/18/2020

Last Buyer's Agent

John Brink

OCEANS GLOBAL REALTY, LLC License #3596306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,600

Year Built

  • Built in 1988

Lot Details

  • 10 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Oak Trees
  • Property is zoned OUR

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,694 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Family Room
  • Living Room with Fireplace
  • Inside Utility
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Farming

  • Barn
  • Pasture

Utilities

  • Zoned Heating and Cooling
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Ranches At Bern Creek/Mike Hutchinson Association
  • Bern Creek The Ranches At Community
  • Bern Creek The Ranches At Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,600

Year Built

Built in 1988

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 3694
  • Lot Size Acres: 10
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 5515
  • Lot Size Sq Ft: 435600
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456347?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456347?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Call Center Phone Number: 9413565624
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 175.96
  • Close to Original List Price Ratio: 0.73872
  • Ratio: Current Price\Building Area Total: 117.86
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), Skylight(s), Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Attic, Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Barn(s), Workshop
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Fenced, French Doors, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed
  • Association Fee: 900
  • Association Fee Frequency: Annually
  • Association Name: Ranches at Bern Creek/Mike Hutchinson
  • Phone: 000-000-0000
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 900
  • Monthly HOA Fee: 75
  • Total Monthly Fees: 75

Lot Info

  • Zoning: OUR
  • Parcel Number: 0539010220
  • Additional Parcels: No
  • Lot Features: Pasture
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5599.63
  • Tax Book Number: 30-24
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Morgan Joan E
Bought by
Joan E Morgan Living Trust
Current Estimated Value
$1,225,505

Purchase Details

Listed on
Jan 18, 2020
Closed on
Dec 28, 2020
Sold by
Fayette Stephen A and Fayette Noel
Bought by
Morgan Joan E and Lungmus John B
Seller's Agent
Carolyn Davis
SABAL REAL ESTATE
Buyer's Agent
John Brink
OCEANS GLOBAL REALTY, LLC
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$510,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2008
Sold by
Nye Bruce R and Nye Sonja L
Bought by
Fayette Stephen A and Fayette Noel E

Purchase Details

Closed on
Aug 29, 2005
Sold by
Brown Elizabeth Markell
Bought by
Nye Bruce R and Nye Sonja L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,700
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 1993
Sold by
Doran Suzanne I and Rothe Suzanne I
Bought by
Brown Elizabeth Markell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Doran William F
Bought by
Doran Suzanne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joan E Morgan Living Trust $100 --
Morgan Joan E $650,000 Attorney
Fayette Stephen A $750,000 Attorney
Nye Bruce R $925,000 Riddelltitle & Escrow Llc
Brown Elizabeth Markell $215,000 --
Doran Suzanne I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Joan E $510,000
Previous Owner Nye Bruce R $693,700
Previous Owner Brown Elizabeth Markell $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2020 12/28/20 Sold $650,000 -13.3% $176 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $750,000 0.0% $203 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $750,000 +15.4% $203 / Sq Ft
06/24/2020 06/24/20 Off Market $650,000 -- --
05/28/2020 05/28/20 Pending -- -- --
05/21/2020 05/21/20 Off Market $650,000 -- --
03/08/2020 03/08/20 Price Changed $750,000 -14.8% $203 / Sq Ft
01/18/2020 01/18/20 For Sale $879,900 -- $238 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,054 $448,000 -- --
2023 $6,054 $469,400 $0 $0
2022 $8,816 $713,856 $0 $0
2021 $6,974 $522,000 $235,000 $287,000
2020 $6,840 $537,238 $0 $0
2019 $5,600 $442,203 $0 $0
2018 $5,481 $433,958 $0 $0
2017 $5,459 $425,032 $0 $0
2016 $5,564 $545,000 $238,000 $307,000
2015 $5,729 $553,700 $204,000 $349,700
2014 $5,601 $404,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carolyn Davis

    SABAL REAL ESTATE

    (941) 356-5624

    23 Total Sales

    Carolyn Davis
    Section Image
  • John Brink

    Buyer's Agent in 2020

    John Brink

    OCEANS GLOBAL REALTY, LLC

    (941) 928-5555

    56 Total Sales

    John Brink
    Section Image
  • Lisa Garcia

    Buyer Co-Listing Agent in 2020

    Lisa Garcia

    COLDWELL BANKER REALTY

    (941) 266-9060

    57 Total Sales

    Lisa Garcia
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4456347

Stellar MLS

APN: 0539-01-0220

Florida Sarasota County Sarasota 34240

1501 Bern Creek Loop, Sarasota, FL

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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