NOT LISTED FOR SALE

7137 40th Ln E Sarasota, FL 34243

Estimated Value: $448,168 - $483,000

3 Beds
2 Baths
1,785 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $355,000 $199 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,914/month

50 Days on Market

Highlights

  • Wood Flooring
  • Community Pool
  • Security System Owned
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Central Air

About This Home

As of March 2021

This Sarasota one-story cul-de-sac home offers a patio and a two-car garage. This home is vacant and cleaned regularly.

Last Agent to Sell the Property

ALLISON JOHNSTON

MAINSTAY BROKERAGE LLC License #3413175 Listed on: 01/08/2021

MAINSTAY BROKERAGE LLC

Last Buyer's Agent

Lori Collins Rodriguez

SARABAY REAL ESTATE INC License #0507707

SARABAY REAL ESTATE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1989

Lot Details

  • 9,278 Sq Ft Lot
  • West Facing Home
  • Property is zoned PDR/WPE/

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,785 Sq Ft Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 1941912857

Community Details

Overview

  • The Trails Owners Association, Phone Number (727) 346-1938
  • Trails Community
  • The Trails Ph I Subdivision
  • Association Approval Required

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,171

Year Built

Built in 1989

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Living Area: 1785.00
  • Lot Size Acres: 0.21
  • Year Built: 1989
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5915113?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5915113?w=Customer
  • Lot Size Sq Ft: 9278
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5915113?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 210354554
  • Status: Sold
  • Street Post Direction: E
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Downstairs
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Living Area Meters: 165.83

Exterior Features

  • Direction Faces: West
  • Flood Zone Code: X
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0317E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Trails
  • Community Features: Pool
  • Monthly HOA Fees: 41.25
  • Association Approval Required: Yes
  • Association Fee: 495.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Required
  • Association Name: The Trails Owners Association
  • Phone: 727-346-1938
  • Association: Yes
  • Security: Security System Owned

Fee Information

  • Total Annual Fees: 495.00
  • Total Monthly Fees: 41.25

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: PDR/WPE/
  • Parcel Number: 1941912857
  • Lot Size Square Meters: 862

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: Buyer to verify.
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Buyer to verify.

Tax Info

  • Tax Annual Amount: 2171.00
  • Tax Book Number: 24-175
  • Tax Lot: 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 29, 2021
Sold by
Opendoor Property Acquisition Llc
Bought by
Szymanski Remigiusz
Seller's Agent
ALLISON JOHNSTON
MAINSTAY BROKERAGE LLC
Buyer's Agent
Lori Collins Rodriguez
SARABAY REAL ESTATE INC
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$461,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,792
Avg. Annual Appreciation
5.90%
Original Mortgage
$355,000
Outstanding Balance
$319,482
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$142,310

Purchase Details

Closed on
Dec 24, 2020
Sold by
Highberger William Cay and Highberger Bernice M
Bought by
Opendoor Property Acquisition Llc

Purchase Details

Closed on
Sep 7, 2004
Sold by
Dunahoe Joel P and Dunahoe Kimberly M
Bought by
Highberger William Cay and Highberger Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2001
Sold by
Murphy Jeffrey S and Murphy Lisa L
Bought by
Dunahoe Joel P and Dunahoe Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
7.09%

Purchase Details

Closed on
May 15, 1997
Sold by
Durham Stephen E and Durham Penelope S
Bought by
Murphy Jeffrey S and Murphy Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.2%
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
Szymanski Remigiusz $355,000 North American Title
Opendoor Property Acquisition Llc $335,800 Os National Llc
Highberger William Cay $236,000 --
Dunahoe Joel P $164,000 --
Murphy Jeffrey S $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szymanski Remigiusz $355,000
Previous Owner Highberger William Cay $187,400
Previous Owner Dunahoe Joel P $131,200
Previous Owner Murphy Jeffrey S $112,500
Closed Highberger William Cay $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $355,000 +0.9% $199 / Sq Ft
02/27/2021 02/27/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $352,000 -0.6% $197 / Sq Ft
02/04/2021 02/04/21 Price Changed $354,000 -0.3% $198 / Sq Ft
01/08/2021 01/08/21 For Sale $355,000 -- $199 / 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 $5,468 $359,864 $51,000 $308,864
2024 $5,468 $398,318 $51,000 $347,318
2023 $5,566 $398,318 $51,000 $347,318
2022 $4,172 $349,328 $50,000 $299,328
2021 $4,005 $251,900 $50,000 $201,900
2020 $2,171 $162,171 $0 $0
2019 $2,124 $158,525 $0 $0
2018 $2,093 $155,569 $0 $0
2017 $1,939 $152,369 $0 $0
2016 $1,924 $149,235 $0 $0
2015 $1,932 $148,198 $0 $0
2014 $1,932 $147,022 $0 $0
2013 $1,902 $144,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    ALLISON JOHNSTON

    MAINSTAY BROKERAGE LLC

    (404) 982-4592

    17 in this area

    7,219 Total Sales

    ALLISON JOHNSTON
    Section Image
  • Lori Collins Rodriguez

    Buyer's Agent in 2021

    Lori Collins Rodriguez

    SARABAY REAL ESTATE INC

    (941) 320-6164

    6 in this area

    14 Total Sales

    Lori Collins Rodriguez
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5915113

Stellar MLS

APN: 19419-1285-7

Florida Manatee County Sarasota 34243

7137 40th Ln E, Sarasota, FL

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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