$105,000
SOLD NOV 16, 2012

38208 7th St E Myakka City, FL 34251

3 Beds
3.5 Baths
2,508 Sq Ft
5.05 Acres

Recently Sold

$42 Per Sq Ft

34% Below List Price

50 Days on Market

Highlights

  • Custom Home
  • Bonus Room
  • No HOA
  • Park or Greenbelt View
  • High Ceiling
  • Formal Dining Room

About This Home

As of February 2013

Incredible Home perfect for family & entertaining. This home has many possibilities.Total privacy on 5 ACRES yet only 15 minutes to Lakewood Ranch High School,shopping & restaurants. Almost new 4 bdrm 3 bath plus bonus game room. Big master suite, jacuzzi tub, seperate shower,walk-in closets, Seperate dining room, eat-in spacious kitchen,granite counter tops & island, great laundry room, and 3 Car Garage. Tranquility!Located close to schools,shopping,and interstate!

Last Agent to Sell the Property

Christina Griffin

LPT REALTY, LLC License #706001 Listed on: 08/25/2012

LPT REALTY, LLC

Last Buyer's Agent

Christina Griffin

LPT REALTY, LLC License #706001 Listed on: 08/25/2012

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5.05 Acre Lot
  • Oversized Lot
  • Property is zoned A/WPM/

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,508 Sq Ft Home
  • High Ceiling
  • Formal Dining Room
  • Bonus Room
  • Game Room
  • Park or Greenbelt Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Breezeway

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2508
  • Lot Size Acres: 5.05
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3655
  • Lot Size Sq Ft: 220022
  • Directions to Property: SR 64 East pass the DeSote Speedway until you reach Loque Road on left. Take Left. Go about 2 miles and take right on 7th Street East. Go to end. #38208
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1054495
  • RATIO Current Price By Calculate: 41.87
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Other, Split Bedroom
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 38208
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breezeway,Formal Dining Room Separate,Game Room
  • Room Count: 10

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: A/WPM/
  • Parcel Number: 47601709
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Expected Lease Date: 2012-11-16T00:00:00.000

Tax Info

  • Tax Annual Amount: 3271
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Feb 26, 2013
Sold by
West Florida Wholesale Properties Llc
Bought by
Abdala Luciano D and Duarte Regina
Seller's Agent
Lee Kearney
SPIN REAL ESTATE LLC
Buyer's Agent
Chris Baylis
MICHAEL SAUNDERS & COMPANY
List Price
$239,900
Sold Price
$229,000
Premium/Discount to List
-$10,900
-4.54%
Current Estimated Value
$702,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,547
Avg. Annual Appreciation
9.45%
Original Mortgage
$217,550
Outstanding Balance
$155,182
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$553,526

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 24, 2012
Sold by
The Bank Of New York Mellon
Bought by
West Florida Wholesale Properties Llc
Seller's Agent
Christina Griffin
LPT REALTY, LLC
Buyer's Agent
Christina Griffin
LPT REALTY, LLC
List Price
$159,900
Sold Price
$105,000
Premium/Discount to List
-$54,900
-34.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1519.76%
Original Mortgage
$120,000
Interest Rate
3.4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 7, 2012
Sold by
Ackerman Damon J and Ackerman Terri D
Bought by
The Bank Of New York Mellon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 11, 2012
Sold by
Ackerman Damon J and Ackerman Terri D
Bought by
The Bank Of New York Mellon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
3.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 29, 2004
Sold by
Manfull William L
Bought by
Ackerman Damon J and Ackerman Terri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,050
Interest Rate
5.12%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $229,000 Clear Title America Llc
Special Warranty Deed $105,000 Landsafe Title
Trustee Deed -- Attorney
Trustee Deed -- Attorney
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,550 New Conventional
Previous Owner $120,000 Stand Alone First
Previous Owner $25,000 Stand Alone First
Previous Owner $34,166 Stand Alone First
Previous Owner $330,000 Unknown
Previous Owner $263,050 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Off Market $229,000 -- --
12/14/2015 12/14/15 Off Market $105,000 -- --
02/26/2013 02/26/13 Sold $229,000 -4.5% $91 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $239,900 +128.5% $96 / Sq Ft
11/16/2012 11/16/12 Sold $105,000 -34.3% $42 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $159,900 -- $64 / 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
2025 $3,690 $306,445 -- --
2024 $3,690 $297,809 -- --
2023 $3,690 $286,040 $0 $0
2022 $3,599 $277,709 $0 $0
2021 $3,455 $269,620 $0 $0
2020 $3,591 $265,897 $0 $0
2019 $3,545 $259,919 $0 $0
2018 $3,522 $255,073 $0 $0
2017 $3,279 $249,827 $0 $0
2016 $3,280 $244,689 $0 $0
2015 $3,381 $234,242 $0 $0
2014 $3,381 $206,835 $0 $0
2013 $3,026 $180,408 $29,043 $151,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T2533078

Stellar MLS

APN: 476-0170-9