NOT LISTED FOR SALE

7242 Bounty Dr Sarasota, FL 34231

Estimated Value: $545,000 - $579,000

3 Beds
2 Baths
1,810 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $605,000 $334 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,484/month

44 Days on Market

Highlights

  • Screened Pool
  • Custom Home
  • Solid Surface Countertops
  • Riverview High School Rated A
  • Open Floorplan
  • Mature Landscaping

About This Home

As of September 2023

Located less than 7 miles from downtown Sarasota and 4 miles from Siesta Key Beach, you’ll find this desirable 3-bedroom, 2 bath home with private pool and expansive back yard. The quaint and friendly neighborhood of Gulf Gate Woods sets the scene for a relaxed lifestyle, and once you step into this updated property you’ll instantly envision how to make this space your own. Generous living and entertaining areas include formal living room, formal dining room, family room and an elegant kitchen with gleaming newer appliances, solid surface counters and a convenient pass through to the pool area. The split floor plan provides privacy and seclusion, while ceramic tile, laminate and new carpet flooring creates a fabulous flow from space to space. You’ll savor every sip of your coffee in the enclosed lanai amid the cool Fall breeze. With no maintenance needed, this home has a 2013 barrel tile roof, 2021 A/C, new water heater and new interior paint. The home has also been replumbed and has partial impact window replacement. A convenient oversized 2-car garage completes the picture. Gulf Gate is a sought-after area of Sarasota with its amazing proximity to the downtown core and some of the best beaches. Nearby you’ll also find schools, medical facilities, grocery stores and almost anything else you could need to live well. Seller offering financing for qualified buyer.

Last Agent to Sell the Property

Stephanie Church

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #3007728 Listed on: 07/14/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1980

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Property is zoned RSF3

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Desk
  • Shelving
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Inside Utility

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gulf Gate Community Association
  • Visit Association Website
  • Gulf Gate Woods Community
  • Gulf Gate Woods Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,820

Year Built

Built in 1980

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1810
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2577
  • Lot Size Sq Ft: 13460
  • Directions to Property: From Beneva Road, west on Gulf Gate Drive, left on Antigua Place, left on Bounty Drive, home on the right. From US 41, east on Bispham Road, right on Breakwater Circle, left on Post Road, right on Bounty, home on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 334.25
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 7242
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 168.15
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalks
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association Name: Gulf Gate Community Association
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional
  • Association URL: https://ggca.us/

Fee Information

  • Total Annual Fees: 75.00
  • Total Monthly Fees: 6.25
  • Monthly HOA Amount: 6.25

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0111070020
  • Additional Parcels: No
  • Lot Features: In County, Level, Oversized Lot, Paved
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1250

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4819.72
  • Tax Block: 46
  • Tax Book Number: 19-36
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 27, 2023
Sold by
Gray Leslie W
Bought by
Francis Joseph K
Seller's Agent
Stephanie Church
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$659,000
Sold Price
$605,000
Premium/Discount to List
-$54,000
-8.19%
Views
90
Current Estimated Value
$558,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,324
Avg. Annual Appreciation
0.08%
Original Mortgage
$605,000
Outstanding Balance
$593,655
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$12,326

Purchase Details

Closed on
Jul 5, 2016
Sold by
Earle Harriet E
Bought by
Gray Leslie W

Purchase Details

Closed on
Nov 21, 2014
Sold by
Taylor Joan C
Bought by
Earle Harriet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 1999
Sold by
Abruzzo Anthony and Abruzzo Debra V
Bought by
Taylor Joan C and Taylor Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.85%
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
Francis Joseph K $605,000 None Listed On Document
Gray Leslie W $330,000 None Available
Earle Harriet E $320,000 Sarasota Title Services Inc
Taylor Joan C $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Joseph K $605,000
Previous Owner Earle Harriet E $256,000
Previous Owner Taylor Edward R $385,350
Previous Owner Taylor Joan C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $605,000 -3.0% $334 / Sq Ft
08/30/2023 08/30/23 Price Changed $624,000 +3.1% $345 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/12/2023 08/12/23 Off Market $605,000 -- --
07/14/2023 07/14/23 For Sale $659,000 -- $364 / 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 $5,191 $439,300 $180,900 $258,400
2023 $5,191 $421,100 $163,900 $257,200
2022 $4,820 $388,500 $159,600 $228,900
2021 $4,155 $295,600 $120,900 $174,700
2020 $3,896 $270,400 $105,200 $165,200
2019 $3,892 $273,300 $120,500 $152,800
2018 $3,926 $277,200 $115,900 $161,300
2017 $4,029 $279,700 $112,700 $167,000
2016 $3,681 $283,100 $103,600 $179,500
2015 $3,998 $264,200 $96,400 $167,800
2014 $2,452 $164,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4576456

Stellar MLS

APN: 0111-07-0020