NOT LISTED FOR SALE

7114 Southgate Ct Sarasota, FL 34243

Estimated Value: $624,000 - $662,000

3 Beds
2 Baths
2,611 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $685,000 $262 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,088/month

92 Days on Market

Highlights

  • Boat Dock
  • Oak Trees
  • View of Trees or Woods
  • Robert Willis Elementary School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of February 2024

Prepare to be captivated by this stunning estate home resting on an expansive ¼ acre lot, offering unparalleled privacy in the highly coveted Mote Ranch neighborhood within Arbor Lakes Estates. Step through the grand double custom front doors of this exquisite three-bedroom plus Den abode and be greeted by sheer elegance. Inside, an inviting floor plan sets the stage for memorable family gatherings. The sprawling lanai and private heated pool beckon for leisure and outdoor revelry, overlooking a vast yard and serene preserve, complemented by a rare fenced dog run. The formal living room, adorned with poolside vistas, becomes a chic focal point, while the spacious family room seamlessly intertwines with the kitchen, creating a hub for entertaining friends and family. The kitchen, a chef's dream, showcases luxurious granite counters, an expansive center prep island, and an oversized breakfast bar accommodating up to six guests. Updated appliances including an induction oven elevate this culinary space, perfect for hosting and crafting gourmet meals. Adjacent to the kitchen, the dinette offers a charming spot for casual dining with scenic pool views. The large primary suite, boasting a generous reading area and direct access to the lanai and pool area, features an ample walk-in closet with custom cabinetry. Two guest rooms ensure comfort for visiting friends and family. Convenience abounds with a walk-in laundry room equipped with a sink and direct access to the kitchen and garage. The roof has been certified by Yoder Roofing with 8-12 year life expectancy. Recent upgrades include new stainless steel appliances including an induction range, hurricane shutters, solar film on windows, a new pool pump and heater, and a re-screened pool cage. Additional features includes updated LED lighting, a Wi-Fi-enabled irrigation system, and so many more. Nestled in a beautifully landscaped community, this home enjoys an exceptionally quiet yet convenient location just minutes from UTC Mall, Lakewood Ranch, I-75, the airport, and award-winning beaches. The community amenities include a heated pool, playground, dock, and kayak launch on the picturesque Braden River. Arbor Lakes Estates, an upscale subdivision within Mote Ranch, offers LOW HOA fees and NO CDD, presenting an exceptional Florida lifestyle opportunity that should not be missed.

Last Agent to Sell the Property

Joe Harris

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-907-9541 License #3116855 Listed on: 10/10/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Johnny Sokhon

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-907-9541 License #3548859

Last Buyer's Agent

Steve Moser

WEICHERT REALTORS HALLMARK PRO License #0438747

WEICHERT REALTORS HALLMARK PRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,711

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Near Conservation Area
  • East Facing Home
  • Dog Run
  • Private Lot
  • Irregular Lot
  • Irrigation
  • Oak Trees
  • Property is zoned PDR

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,611 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Views of Woods
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Private Mailbox

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, recreational facilities
  • Resource Property Management Association, Phone Number (941) 348-2912
  • Visit Association Website
  • Arbor Lakes Community
  • Mote Ranch Arbor Lakes Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,711

Year Built

Built in 1998

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2611
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3319
  • Lot Size Sq Ft: 10846
  • Directions to Property: Honore Ave north into Mote Ranch, left on Gold Rush Lane, left onto Copper Ridge Trail, right onto Westward Place, changes to Southgate Court, house on the right. 7114 Southgate.
  • Status: Sold
  • Co List Office Mls Id: MFR266510535
  • Co List Office Phone: 941-907-9541
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 262.35
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_CommunityAssociationWaterFeatures: Dock
  • Attribution Contact: 941-907-9541
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 1
  • Window Features: Drapes, Shutters, Window Treatments
  • Street Number Modifier: 7114
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility
  • Living Area Meters: 242.57
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Other Structures: Kennel/Dog Run
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Dog Run, French Doors, Hurricane Shutters, Irrigation System, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Clubhouse, Deed Restrictions, Playground, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fence Restrictions, Other, Pool, Recreation Facilities
  • Association Fee: 222
  • Association Fee Frequency: Quarterly
  • Association Name: Resource Property Management
  • Phone: 941-348-2912
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: MOTE RANCH
  • Association Fee Requirement: Required
  • Association URL: resourcepropertymgmt.com
  • Management: Full Time

Fee Information

  • Total Annual Fees: 888.00
  • Total Monthly Fees: 74.00
  • Monthly HOA Amount: 74.00

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 1920420401
  • Additional Parcels: No
  • Lot Features: Conservation Area, In County, Irregular Lot, Landscaped, Private, Sidewalk, Paved
  • Property Attached Yn: No
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1008

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Docs

Tax Info

  • Tax Annual Amount: 6711.13
  • Tax Book Number: 30-66
  • Tax Lot: 38

Multi Family

  • Approval Process: See HOA Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Feb 28, 2024
Sold by
Timm Robert L
Bought by
Moser Samuel S and Moser Kaitlyn Leigh
Seller's Agent
Joe Harris
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Steve Moser
WEICHERT REALTORS HALLMARK PRO
List Price
$730,900
Sold Price
$685,000
Premium/Discount to List
-$45,900
-6.28%
Views
114
Current Estimated Value
$647,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,954
Avg. Annual Appreciation
-3.42%
Original Mortgage
$616,500
Outstanding Balance
$606,188
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$40,858

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 18, 2019
Sold by
Basist Stacey L and Stacey L Basist Revocable Trus
Bought by
Timm Robert L
Seller's Agent
Sue Sweeney, PA
COLDWELL BANKER REALTY
Buyer's Agent
Jordan Sargent
SMITH & ASSOCIATES REAL ESTATE
List Price
$435,914
Sold Price
$425,000
Premium/Discount to List
-$10,914
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$280,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2018
Sold by
Basis Stacey L
Bought by
Basis Stacey L and Stacey L Basis Revocable Trust

Purchase Details

Closed on
Apr 12, 2010
Sold by
Mandel Robert G
Bought by
Basist Stacey L

Purchase Details

Closed on
Dec 17, 2002
Sold by
Mandel Robert G
Bought by
Mandel Robert G and Basist Stacey L

Purchase Details

Closed on
Jul 31, 2002
Sold by
Savage William J and Savage Susan A
Bought by
Mandel Robert G

Purchase Details

Closed on
Nov 30, 1998
Sold by
Lennar Homes Inc
Bought by
Savage William J and Savage Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,150
Interest Rate
6.77%
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
Moser Samuel S $685,000 Public Title Services
Timm Robert L $425,000 Integrity Title Services Inc
Basis Stacey L -- Attorney
Basist Stacey L -- None Available
Mandel Robert G -- --
Mandel Robert G $295,000 --
Savage William J $216,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Samuel S $616,500
Previous Owner Timm Robert L $280,000
Previous Owner Savage William J $224,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $685,000 0.0% $262 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $685,000 -2.1% $262 / Sq Ft
12/20/2023 12/20/23 Price Changed $699,550 -2.2% $268 / Sq Ft
11/14/2023 11/14/23 Price Changed $715,000 -2.2% $274 / Sq Ft
10/10/2023 10/10/23 For Sale $730,900 +72.0% $280 / Sq Ft
12/18/2019 12/18/19 Sold $425,000 -2.5% $163 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $435,914 -- $167 / 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 $6,977 $519,829 -- --
2024 $6,977 $490,946 -- --
2023 $6,888 $476,647 $0 $0
2022 $5,804 $462,764 $60,000 $402,764
2021 $5,572 $352,251 $50,000 $302,251
2020 $5,493 $330,813 $50,000 $280,813
2019 $3,733 $255,990 $0 $0
2018 $3,690 $251,217 $0 $0
2017 $3,432 $246,050 $0 $0
2016 $3,417 $240,989 $0 $0
2015 $3,443 $239,314 $0 $0
2014 $3,443 $237,415 $0 $0
2013 $3,393 $233,906 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4585256

Stellar MLS

APN: 19204-2040-1