NOT LISTED FOR SALE

7320 Palomino Place Sarasota, FL 34241

Estimated Value: $1,115,000 - $1,346,114

4 Beds
3.5 Baths
3,662 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 22, 2012

Last sale price $428,500 $117 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,940/month

1 Day on Market

Highlights

  • Barn
  • Stables
  • Heated Pool
  • Lakeview Elementary School Rated A
  • Oak Trees
  • Deck

About This Home

As of August 2012

"Short Sale" This is a beautiful home in the equestrian community of Saddle Creek, a perfect home for you and your horses. This property boasts six fenced acres, a five stall barn and a large fie bedroom home with a pool. Mature landscaping for privacy and located at the end of a cul-de-sac.

Last Agent to Sell the Property

Keely Crosby

VUE REALTY, LLC License #3013766 Listed on: 04/29/2012

Last Buyer's Agent

Keely Crosby

VUE REALTY, LLC License #3013766 Listed on: 04/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,551

Year Built

  • Built in 1981

Lot Details

  • 6.1 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Property is zoned OUE

HOA Fees

  • $50 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 3,662 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Saddle Creek Community
  • Saddle Creek Unit 1 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,551

Year Built

Built in 1981

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3662
  • Lot Size Acres: 6.1
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 5113
  • Lot Size Sq Ft: 265716
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3959659&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3959659&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 2054
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.02024
  • Price per Sq Ft: 117.01
  • Close to Original List Price Ratio: 1.02024
  • Ratio: Current Price\Building Area Total: 83.81
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 8
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Barn(s), Stable(s)
  • Pool Features: Heated
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600
  • Total Monthly Fees: 50

Lot Info

  • Zoning: OUE
  • Parcel Number: 0277010211
  • Additional Parcels: No
  • Lot Features: Pasture, Zoned for Horses
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-08-22T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 6551
  • Tax Book Number: 0026/0027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2019
Sold by
Green Erin R
Bought by
Erin R Green Trust
Current Estimated Value
$1,185,529

Purchase Details

Closed on
Oct 1, 2018
Sold by
Green Erin R and Jennifer H Marcum Revocable Li
Bought by
Green Erin R

Purchase Details

Closed on
Jul 24, 2013
Sold by
Marcum Jennifer H
Bought by
Marcum Jennifer H and Green Erin R

Purchase Details

Listed on
Apr 29, 2012
Closed on
Jul 27, 2012
Sold by
Hughes Paul Allen and Hughes Christine Holly
Bought by
Marcum Jennifer H and Green Erin Ryan
Seller's Agent
Keely Crosby
VUE REALTY, LLC
Buyer's Agent
Keely Crosby
VUE REALTY, LLC
List Price
$428,500
Sold Price
$428,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$342,800
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Hughes Paul Allen and Hughes Christine Holly
Bought by
Hughes Paul Allen and Hughes Christine Holly

Purchase Details

Closed on
May 2, 2006
Sold by
Parente Alfred G and Parente Barbara A
Bought by
Hughes Paul A and Hughes Christine Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2000
Sold by
Pickle Randi J
Bought by
Parente Alfred G and Parente Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
8.02%
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
Erin R Green Trust -- Attorney
Green Erin R -- Attorney
Marcum Jennifer H -- Attorney
Marcum Jennifer H $428,500 Attorney
Hughes Paul Allen -- Attorney
Hughes Paul A $900,000 Integrity Title Services Inc
Parente Alfred G $355,000 --
Parente Alfred G $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marcum Jennifer H $342,800
Previous Owner Hughes Paul A $720,000
Previous Owner Parente Alfred G $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2012 08/22/12 Sold $428,500 0.0% $117 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/29/2012 04/29/12 For Sale $428,500 -- $117 / 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 $7,845 $646,127 -- --
2023 $7,845 $627,308 $0 $0
2022 $7,659 $609,037 $0 $0
2021 $7,495 $591,298 $0 $0
2020 $7,529 $583,134 $0 $0
2019 $7,303 $570,023 $0 $0
2018 $6,929 $540,940 $0 $0
2017 $7,028 $539,650 $0 $0
2016 $6,923 $527,100 $200,200 $326,900
2015 $7,023 $520,100 $187,100 $333,000
2014 $6,968 $483,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3959659

Stellar MLS

APN: 0277-01-0211