1501 Loop Sarasota, FL 34240
Estimated Value: $924,009 - $1,527,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                3,694
                Sq Ft
            
            
                
                    $332/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1501 Loop, Sarasota, FL 34240 and is currently estimated at $1,225,505, approximately $331 per square foot. 1501 Loop is a home located in Sarasota County with nearby schools including Tatum Ridge Elementary School, McIntosh Middle School, and Booker High School.
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
                        
                        
                    Purchase Details
                Closed on
            
            
                Dec 28, 2020
            
        
                Sold by
            
            
                Fayette Stephen A and Fayette Noel
            
        
                Bought by
            
            
                Morgan Joan E and Lungmus John B
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                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%
            
        
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        Home Values in the Area
Average Home Value in this Area
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
            
        Tax History Compared to Growth
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
                    
            
        Map
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