NOT LISTED FOR SALE

7121 Myakka Valley Trail Sarasota, FL 34241

Estimated Value: $946,874

4 Beds
5 Baths
3,462 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $400,000 $116 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,936/month

43 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Walk-In Closet
  • Lakeview Elementary School Rated A
  • Solid Wood Cabinet
  • Porcelain Tile

About This Home

As of October 2019

This beautiful single family resident located in peaceful neighborhood that has so much to offer: The main living home has an exterior warm country-style design and interior has modern luxurious design with recently updated kitchen, bathrooms, porcelan floor through out the house, new impact windows, solid metal roof, large size pool, and much more. The property also has a large barn and other storage units that can be conversed to in law suits. In addition, this property welcome many different usages with the zoning allow for owning livestock and/or converse to green belt land. Minutes away from I75, shopping, Siesta Beach and schools. The property is 5.5 Acres which subject to 25' easement (run North to South) on the east side of the property. Therefore, the property is in fact 5.214 Acres. The seller also would like to sell the property in the back (5.2 acres). If you would like to buy both property together (Total 10.7 arces) then the price would be $549,000.

Last Agent to Sell the Property

Tuan Nguyen

HORIZON REALTY INTERNATIONAL License #3191523 Listed on: 07/31/2019

HORIZON REALTY INTERNATIONAL

Last Buyer's Agent

Alyssa Young

PREFERRED SHORE LLC License #3414374

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1964

Lot Details

  • 5.21 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned OUE

Parking

  • 3 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 3,462 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Porcelain Tile
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Myakka Valley Ranches Community
  • Myakka Vly Ranch Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,072

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 3462
  • Lot Size Acres: 5.21
  • New Construction: No
  • Year Built: 1964
  • Lot Size Sq Ft: 227135
  • Directions to Property: from I75, go east on Clark Rd, about 12 miles, Myakka Valley Ranches is on your left, turn left into Myakka Valley trail, follow the curve, house is on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442470?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442470?w=Customer
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89087
  • Price per Sq Ft: 115.54
  • Close to Original List Price Ratio: 0.89087
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 7121
  • Room Count: 9
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Fenced
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0190F

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: OUE
  • Parcel Number: 0613001010
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4072
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Oct 17, 2019
Sold by
Nguyen Hiep Trong and Doan My Hieu T
Bought by
Izzo Jane and Izzo Dennis
Seller's Agent
Tuan Nguyen
HORIZON REALTY INTERNATIONAL
Buyer's Agent
Alyssa Young
PREFERRED SHORE LLC
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Current Estimated Value
$946,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,874
Avg. Annual Appreciation
14.11%
Original Mortgage
$326,464
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 9, 2013
Closed on
Jun 29, 2015
Sold by
Jones Ferdeliza T and Story Ferdeliza T
Bought by
Nguyen Hiep Trong and Doan My Hieu T
Seller's Agent
Jack Gang
GANGWAY REALTY
Buyer's Agent
Tuan Nguyen
HORIZON REALTY INTERNATIONAL
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1998
Sold by
Barnett Bk N A
Bought by
Story Ferdeliza T

Purchase Details

Closed on
Nov 30, 1998
Sold by
Homeside Holdings Inc
Bought by
Barnett Bk N A
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 Buyer Sale Price Title Company
Izzo Jane $400,000 Attorney
Nguyen Hiep Trong $375,000 Gulf Breeze Title Of Sarasot
Story Ferdeliza T $144,000 --
Barnett Bk N A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izzo Jane $346,000
Closed Izzo Jane $326,464
Previous Owner Nguyen Hiep Trong $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $400,000 -10.9% $116 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $449,000 +19.7% $130 / Sq Ft
06/29/2015 06/29/15 Sold $375,000 -3.8% $175 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $390,000 +4.0% $182 / Sq Ft
02/04/2015 02/04/15 Off Market $375,000 -- --
05/29/2014 05/29/14 Price Changed $390,000 -15.0% $182 / Sq Ft
02/27/2013 02/27/13 Price Changed $458,990 0.0% $214 / Sq Ft
02/09/2013 02/09/13 For Sale $459,000 -- $214 / 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 $9,023 $744,695 -- --
2023 $9,023 $703,490 $0 $0
2022 $8,771 $683,000 $270,600 $412,400
2021 $6,736 $511,000 $180,400 $330,600
2020 $5,933 $411,700 $166,300 $245,400
2019 $5,016 $355,800 $156,300 $199,500
2018 $4,072 $279,900 $174,900 $105,000
2017 $3,596 $273,109 $0 $0
2016 $3,662 $297,600 $174,900 $122,700
2015 $4,128 $267,500 $159,000 $108,500
2014 $3,966 $208,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4442470

Stellar MLS

APN: 0613-00-1010