NOT LISTED FOR SALE

7232 Southgate Ct Sarasota, FL 34243

Estimated Value: $668,000 - $748,000

4 Beds
3 Baths
2,792 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $775,000 $278 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,676/month

17 Days on Market

Highlights

  • Boat Dock
  • Screened Pool
  • 3 Car Attached Garage
  • Robert Willis Elementary School Rated A-
  • High Ceiling
  • Community Playground

About This Home

As of November 2022

LIVE ON VACATION NOW! Sarasota's BEST KEPT SECRET! Peaceful, quiet, yet CLOSE TO EVERYTHING! 4 Bedrooms (or 5 because large office has a closet!)/3 Bath/ PLUS Office/ and 3 Car Garage! You won't be disappointed when you enter this IMMACULATE home in the exclusive Arbor Lake Estates in Mote Ranch! This wonderful home has been TASTEFULLY UPDATED! *NEW Vinyl Luxury Plank Floors throughout *Quartz Countertops *New Marble Tile Back splash *Updated Lighting *New pool pump and new Salt Water Cell for Swimming pool *Tankless Water Heater and Stainless Steel Appliances and Hurricane shutters. (NO CDD and LOW HOA)! If you like to entertain, look no further! The oversized Great room opens to a very private tropical RESORT-STYLE pool area with spa! There is also a separate Dining room and a sitting/living room. If you need a Home office, craft room or play room the bright den will be perfect! Mote Ranch is 10 minutes to UTC Mall and over 80 Restaurants! The beautiful World Famous beaches and St Armands are only 8 miles away! This Fabulous Community has a Community Pool, and fishing dock and it is just a short Golf Cart Ride to Palm Aire Country Club!

Last Agent to Sell the Property

Laura Guess-Fox

COLDWELL BANKER REALTY License #3181704 Listed on: 10/06/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Kerre Allman

MARCUS & COMPANY REALTY License #3292478

MARCUS & COMPANY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Irrigation
  • Property is zoned PDR

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,792 Sq Ft Home
  • High Ceiling
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool
  • Advanced Management Association, Phone Number (941) 359-1134
  • Mote Ranch Community
  • Mote Ranch Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,027

Year Built

Built in 1998

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2792
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1998
  • Lot Size Sq Ft: 12458
  • Directions to Property: University Parkway to Whitfield. Right on Old Farm Rd. Right into Arbor Lakes. Right on Coachlight. Left on Saddlehorn. Left on Southgate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549313?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549313?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.00065
  • Price per Sq Ft: 277.58
  • Close to Original List Price Ratio: 1.00065
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Concrete
  • Full Bathrooms: 3
  • Interior Amenities: High Ceiling(s), Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 7232
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Park, Playground, Pool
  • Association Amenities: Boat Dock, Park, Playground, Pool
  • Association Fee: 188
  • Association Fee Frequency: Quarterly
  • Association Name: Advanced Management
  • Phone: 941-359-1134
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 752
  • Monthly HOA Fee: 62.67
  • Total Monthly Fees: 62.67

Lot Info

  • Zoning: PDR
  • Parcel Number: 1920421003
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: VERIFY WITH HOA
  • Pet Restrictions: Please verify with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: VERIFY with HOA

Tax Info

  • Tax Annual Amount: 6027
  • Tax Book Number: 30-66
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Sep 15, 2020
Sold by
Barrett John Joseph and Barrett Joanne Robin
Bought by
Bass Raina Lea and Bass Steven Christopher
Seller's Agent
Laura Guess-Fox
COLDWELL BANKER REALTY
Buyer's Agent
Laura Guess-Fox
COLDWELL BANKER REALTY
List Price
$499,500
Sold Price
$478,000
Premium/Discount to List
-$21,500
-4.3%
Current Estimated Value
$715,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,122
Avg. Annual Appreciation
8.24%
Original Mortgage
$454,100
Outstanding Balance
$402,236
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,886

Purchase Details

Closed on
Mar 28, 2017
Sold by
Barrett John Joseph and Jb Ii Consulting Inc
Bought by
Barrett John Joseph and Barrett Joanne Robin

Purchase Details

Closed on
Sep 13, 2006
Sold by
Del Fabro & Del Fabro Llp
Bought by
Barrett John Joseph and Barrett Family Land Trust V

Purchase Details

Closed on
Nov 30, 1998
Sold by
Lennar Homes Inc
Bought by
Del Fabro & Del Fabro L L P
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
Bass Raina Lea $478,000 Sunbelt Title Agency
Barrett John Joseph -- None Available
Barrett John Joseph $460,000 Attorney
Del Fabro & Del Fabro L L P $246,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Raina Lea $454,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $775,000 +0.1% $278 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $774,500 0.0% $277 / Sq Ft
10/16/2022 10/16/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $774,500 +62.0% $277 / Sq Ft
09/15/2020 09/15/20 Sold $478,000 -2.3% $171 / Sq Ft View Prior Sale
08/19/2020 08/19/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $489,500 -2.0% $175 / Sq Ft
02/20/2020 02/20/20 For Sale $499,500 -- $179 / 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 $9,812 $593,280 $61,200 $532,080
2024 $9,812 $682,731 $61,200 $621,531
2023 $10,131 $691,635 $61,200 $630,435
2022 $7,304 $499,919 $60,000 $439,919
2021 $6,027 $380,620 $50,000 $330,620
2020 $4,192 $284,862 $0 $0
2019 $4,119 $278,457 $0 $0
2018 $4,071 $273,265 $0 $0
2017 $3,790 $267,644 $0 $0
2016 $3,773 $262,139 $0 $0
2015 $3,802 $260,317 $0 $0
2014 $3,802 $258,251 $0 $0
2013 $3,748 $254,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4549313

Stellar MLS

APN: 19204-2100-3