NOT LISTED FOR SALE

7422 Clark Rd Sarasota, FL 34241

Estimated Value: $2,035,000 - $2,410,000

5 Beds
3.5 Baths
4,158 Sq Ft
$535/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $2,000,000 $481 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $13,150/month

94 Days on Market

Highlights

  • Parking available for a boat
  • Guest House
  • Oak Trees
  • Lakeview Elementary School Rated A
  • Barn
  • Heated In Ground Pool

About This Home

As of September 2021

Welcome a truly unique and beautiful property. This is a rare opportunity to live on a 3-acre walled personal resort just 1.2 miles east of I-75. There are 4 buildings on this property. As you enter through the electric security gate, you will see the most impressive car salon structure. A 2,760 square foot space that includes 2 car lifts and storage for up to 15 vehicles. There is ample room to store a large boat or RV and additional built out office space, a loft, a half bathroom, and multi-use living are. As you drive past this structure, you will see the family residence. The paved driveway leads you back to the lovely custom-designed, contemporary ranch home. There are his and hers attached 2-car garages with oversized garage doors and high ceilings, as well as a one-half house generator. This 5-bedroom, 4 bathroom, well-appointed home with a custom courtyard pool, hot tub and fire pits are only one aspect of the entertaining capabilities that are offered. As you enter the back of the property, you meander along a composite deck walkway to the fish camp. The fish camp is an open-air screened structure, with a metal roof, fireplace, full bar, and media galore. When it is time to read and relax, you can escape to the tree house – a true sanctuary in the treetops that is overlooking the lush entire backyard – zipline included!

Last Agent to Sell the Property

Jami Kellogg

MICHAEL SAUNDERS & COMPANY License #3167193 Listed on: 04/30/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Steve Abbe

COLDWELL BANKER REALTY License #3099254

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,165

Year Built

  • Built in 2014

Lot Details

  • 3.01 Acre Lot
  • North Facing Home
  • Masonry wall
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Oak Trees
  • Wooded Lot
  • Property is zoned OUE2

Parking

  • 4 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • Parking available for a boat
  • RV Garage

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,158 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Den
  • Inside Utility
  • Concrete Flooring
  • Views of Woods

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Storage
  • Outdoor Grill

Schools

  • Lakeview Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Lakewood Tr C Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,165

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4158
  • Lot Size Acres: 3.01
  • New Construction: No
  • Year Built: 2014
  • Building Area Total: 7095
  • Lot Size Sq Ft: 131278
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499425?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499425?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9095
  • Price per Sq Ft: 481
  • Close to Original List Price Ratio: 0.74212
  • Ratio: Current Price\Building Area Total: 281.89
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Drapes, Insulated Windows
  • Room Count: 10
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn(s), Guest House, Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Outdoor Grill, Outdoor Kitchen, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Guest, Oversized, Parking Pad, RV Garage, Workshop in Garage
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Security Gate, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Lakeview Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: OUE2
  • Parcel Number: 0283020003
  • Additional Parcels: No
  • Fencing: Masonry
  • Lot Features: In County, Level, Oversized Lot
  • Property Attached Yn: No
  • Horse Amenities: Other
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Per County

Tax Info

  • Tax Annual Amount: 9165.33
  • Tax Book Number: 8-37
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Sep 21, 2021
Sold by
Speranza Noel J A and Speranza Gretchen
Bought by
Cirillo Nicholas and Cirillo Jamie
Seller's Agent
Jami Kellogg
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$2,199,000
Sold Price
$2,000,000
Premium/Discount to List
-$199,000
-9.05%
Current Estimated Value
$2,224,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,758
Avg. Annual Appreciation
2.63%
Original Mortgage
$1,480,000
Outstanding Balance
$1,337,899
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$886,859

Purchase Details

Closed on
Jul 22, 2021
Sold by
Retainage Ii Llc
Bought by
Speranza Noel J A and Speranza Gretchen

Purchase Details

Closed on
May 13, 2021
Sold by
Speranza Noel J A and Speranza Gretchen
Bought by
Retainage Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2017
Sold by
Speranza Noel and Speranza Gretchen L
Bought by
Speranza Noel J A and Speranza Gretchen L

Purchase Details

Closed on
Apr 1, 2017
Bought by
Noel J A Speranza Revocable Tr

Purchase Details

Closed on
Jul 11, 2013
Sold by
Alskd Management Llc
Bought by
Speranza Noel

Purchase Details

Closed on
Jun 30, 2009
Sold by
Davis Sandra K
Bought by
Alskd Management Llc

Purchase Details

Closed on
Jul 8, 2005
Sold by
Aghai Rahim and Aghai Dorothy Elaine
Bought by
Davis Allen L
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
Cirillo Nicholas $2,000,000 Attorney
Speranza Noel J A -- Accommodation
Retainage Ii Llc $100 None Listed On Document
Speranza Noel J A -- Attorney
Noel J A Speranza Revocable Tr $100 --
Speranza Noel $165,000 None Available
Alskd Management Llc -- Attorney
Davis Sandra K -- Attorney
Davis Allen L $380,000 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cirillo Nicholas $1,480,000
Previous Owner Retainage Ii Llc $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $2,000,000 -9.0% $481 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $2,199,000 0.0% $529 / Sq Ft
07/01/2021 07/01/21 For Sale $2,199,000 +10.0% $529 / Sq Ft
06/02/2021 06/02/21 Off Market $2,000,000 -- --
04/30/2021 04/30/21 For Sale $2,695,000 -- $648 / 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 $17,779 $1,564,485 -- --
2023 $17,779 $1,469,000 $338,700 $1,130,300
2022 $18,552 $1,524,500 $284,500 $1,240,000
2021 $9,987 $793,569 $0 $0
2020 $9,165 $712,100 $0 $0
2019 $8,897 $696,090 $0 $0
2018 $8,727 $683,111 $0 $0
2017 $8,696 $669,061 $0 $0
2016 $8,310 $655,300 $160,800 $494,500
2015 $8,514 $674,400 $150,300 $524,100
2014 $3,025 $145,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4499425

Stellar MLS

APN: 0283-02-0003