NOT LISTED FOR SALE

7123 87th Ln E Palmetto, FL 34221

East Ellentown Neighborhood

Estimated Value: $365,000 - $407,662

3 Beds
2 Baths
1,687 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 06, 2012

Last sale price $120,000 $71 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $2,449/month

5 Days on Market

Highlights

  • Lake Front
  • Deck
  • Great Room
  • Oak Trees
  • Ranch Style House
  • Mature Landscaping

About This Home

As of September 2012

Short Sale. Newer lakefront home in a great family neighborhood! This 3Bdrm/2Bath home is in move-in condition and sits on an oversized ¼ acre lakefront lot. Just off the foyer is a spacious den, now used as the children's playroom. The eat-in kitchen with breakfast bar is open to the large great room, 8 foot French doors that lead out to the covered, screened lanai offering tranquil lake views. The master suite has views of the lake, a walk-in closet & a bathroom with separate shower & tub. This split plan home offers two guest bedrooms & an interior laundry room with 1687 sq. ft. under air & a 2-car garage. Upgrades include crown molding throughout, ceiling fans, and Cat 5 wiring. A newer green chain link fence borders the back yard for safety & privacy. Don't miss this beauty!

Last Agent to Sell the Property

Steven Dutoit

SARASOTA REALTY SOLUTIONS License #0486678 Listed on: 03/08/2012

Co-Listed By

AIDA JOHNSON

LIMBO COMPANY SARASOTA ASSOC License #0547312

Last Buyer's Agent

Duneska Grant

LOKATION License #699257

LOKATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 2002

Lot Details

  • 0.26 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSF4.5

HOA Fees

  • $21 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,687 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Den
  • Inside Utility
  • Laundry in unit
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Blackburn Elementary School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

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

Community Details

  • Regency Oaks Preserve Community
  • Regency Oaks Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,278

Year Built

Built in 2002

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1687
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2135
  • Lot Size Sq Ft: 11326
  • Directions to Property: I-75 to East on Moccasin Wallow Rd. Turn right onto 71st Ave. E. Continue to end, turn left onto 87th Lane East. House on right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3957169&cview=true&show_results=true&customer_portal=true G4681571
  • Down Payment Resource URL 2: Y,http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4681571&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 649001
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 0.88889
  • Price per Sq Ft: 71.13
  • Close to Original List Price Ratio: 0.88889
  • Ratio: Current Price\Building Area Total: 56.21
  • View: Yes
  • Co List Office Mls Id: 281506053
  • Co List Office Phone: 941-556-0500
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7123
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 251
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 251
  • Total Monthly Fees: 20.92

Schools

  • Elementary School: Blackburn Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 649036258
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 15.56
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-09-06T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1278
  • Tax Book Number: 0028/0195
  • Tax Lot: 63

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Ospina Luis Fernando
Bought by
Ospina Maria Victoria
Current Estimated Value
$402,844

Purchase Details

Closed on
Feb 28, 2014
Sold by
Ospina Julian
Bought by
Ospina Maria V and Ospina Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2012
Closed on
Sep 6, 2012
Sold by
Schmanske Ronald C and Schmanske Lynda L
Bought by
Ospina Julian
Seller's Agent
Steven Dutoit
SARASOTA REALTY SOLUTIONS
Buyer's Agent
Duneska Grant
LOKATION
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$99,033
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2002
Sold by
Flynn Mary Anne
Bought by
Schmanske Ronald C and Schmanske Lynda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
5.98%
Mortgage Type
VA

Purchase Details

Closed on
Jul 1, 2002
Sold by
Amer Housing Corp
Bought by
Flynn Mary Anne

Purchase Details

Closed on
Dec 20, 2001
Sold by
9 8 7 Inc
Bought by
American Housing Corp
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
Ospina Maria Victoria $100 None Listed On Document
Ospina Maria V $168,000 North American Title Company
Ospina Julian $120,000 Attorney
Schmanske Ronald C $180,000 --
Flynn Mary Anne $151,300 --
American Housing Corp $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Bruce D $199,195
Previous Owner Ospina Maria V $134,400
Previous Owner Ospina Julian $99,033
Previous Owner Schmanske Ronald C $232,000
Previous Owner Schmanske Ronald C $49,300
Previous Owner Schmanske Ronald C $45,000
Previous Owner Schmanske Ronald C $187,050
Previous Owner Schmanske Ronald C $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2012 09/06/12 Sold $120,000 0.0% $71 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
03/08/2012 03/08/12 For Sale $120,000 -- $71 / 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 $2,436 $205,300 -- --
2023 $2,436 $199,320 $0 $0
2022 $2,362 $193,515 $0 $0
2021 $2,260 $187,879 $0 $0
2020 $2,326 $185,285 $0 $0
2019 $2,284 $181,119 $0 $0
2018 $2,258 $177,742 $0 $0
2017 $2,087 $174,086 $0 $0
2016 $2,079 $170,505 $0 $0
2015 $1,102 $169,320 $0 $0
2014 $1,102 $101,409 $0 $0
2013 $1,093 $99,910 $20,600 $79,310
Source: Public Records

Agents Affiliated with this Home

  • Steven Dutoit

    Seller's Agent in 2012

    Steven Dutoit

    SARASOTA REALTY SOLUTIONS

    (941) 556-5653

    37 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2012

    AIDA JOHNSON

    LIMBO COMPANY SARASOTA ASSOC

  • Duneska Grant

    Buyer's Agent in 2012

    Duneska Grant

    LoKation Real Estate

    (954) 545-5583

    23 Total Sales

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Map

Source: Stellar MLS

MLS Number: A3957169

Stellar MLS

APN: 6490-3625-8

Florida Manatee County Palmetto 34221 East Ellenton

7123 87th Ln E, Palmetto, FL

This home is located at 7123 87th Ln E, Palmetto, FL 34221 since 08 March 2012 and is currently estimated at $392,416, approximately $232 per square foot. This property was built in 2002. 7123 87th Ln E is a home located in Manatee County with nearby schools including Barbara A. Harvey Elementary School, Buffalo Creek Middle School, and Palmetto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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