NOT LISTED FOR SALE

7141 40th Ln E Sarasota, FL 34243

Estimated Value: $439,583 - $487,000

3 Beds
2 Baths
1,646 Sq Ft
$286/Sq Ft Est. Value

About This Home

This home is located at 7141 40th Ln E, Sarasota, FL 34243 and is currently estimated at $470,896, approximately $286 per square foot. 7141 40th Ln E is a home located in Manatee County with nearby schools including Kinnan Elementary School, Braden River Middle School, and Southeast High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2017
Sold by
Freo Florida Llc
Bought by
Progress Residential Borrower 1 Llc
Current Estimated Value
$470,896

Purchase Details

Closed on
Jul 1, 2017
Bought by
Progress Residential Borrower

Purchase Details

Closed on
Aug 15, 2016
Sold by
Compton Lynn
Bought by
Freo Florida Llc

Purchase Details

Closed on
Oct 6, 2015
Sold by
Sherrill Kevin J
Bought by
Compton Lynn

Purchase Details

Closed on
Sep 24, 2001
Sold by
Porter Rodney L and Porter Julia G
Bought by
Compton Lynn Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Baize Bruce Allen and Baize Mary Jo
Bought by
Porter Rodney L and Porter Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,965
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Progress Residential Borrower 1 Llc -- Attorney
Progress Residential Borrower $100 --
Freo Florida Llc $242,000 None Available
Compton Lynn -- None Available
Compton Lynn Susan $166,500 --
Porter Rodney L $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Compton Lynn Susan $70,000
Previous Owner Porter Rodney L $52,965
Closed Progress Residential Borrower 1 Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2025 03/06/25 Off Market $2,690 -- --
02/22/2025 02/22/25 Price Changed $2,690 +2.1% $2 / Sq Ft
02/20/2025 02/20/25 Price Changed $2,635 +1.5% $2 / Sq Ft
02/15/2025 02/15/25 Price Changed $2,595 -6.0% $2 / Sq Ft
02/14/2025 02/14/25 For Rent $2,760 0.0% --
02/14/2025 02/14/25 Price Changed $2,760 +2.4% $2 / Sq Ft
02/12/2025 02/12/25 Off Market $2,695 -- --
02/06/2025 02/06/25 Price Changed $2,695 +0.2% $2 / Sq Ft
02/03/2025 02/03/25 For Rent $2,690 -- --

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 $5,441 $352,527 $45,900 $306,627
2024 $5,441 $390,316 $45,900 $344,416
2023 $5,320 $395,385 $45,900 $349,485
2022 $4,792 $345,091 $45,000 $300,091
2021 $3,918 $250,200 $45,000 $205,200
2020 $3,705 $221,524 $40,000 $181,524
2019 $3,799 $225,729 $40,000 $185,729
2018 $3,682 $216,189 $35,000 $181,189
2017 $3,436 $211,129 $0 $0
2016 $1,896 $147,837 $0 $0
2015 $1,904 $146,809 $0 $0
2014 $1,904 $145,644 $0 $0
2013 $1,875 $143,492 $0 $0
Source: Public Records

Map

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