NOT LISTED FOR SALE

7518 Westmoreland Dr Sarasota, FL 34243

Estimated Value: $855,000 - $1,086,000

3 Beds
2 Baths
1,848 Sq Ft
$539/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $1,075,000 $582 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,294/month

60 Days on Market

Highlights

  • Property fronts gulf or ocean
  • 0.62 Acre Lot
  • Wood Flooring
  • Heated In Ground Pool
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of June 2023

PRICE IMPROVEMENT! Waterfront Access ~ Location, Location! Selling Sarasota Sunsets from the privacy of your own home. Priceless views abound! Enjoy a little over a half acre of property as you watch the sun setting from your pool or mosey down to the bench by the water's edge. Speaking of waters edge, did I tell you that 7518 Westmoreland offers bay access for kayaks, paddleboards and canoes. This 1949 classic charmer is situated in the Wonderful Waterfront Neighborhood of Whitfield Estates. This well-established friendly community touts home values in the millions. For boating enthusiasts, there are nearby marinas. This home has 3 beds/2 baths and holds many treasured family memories. Beautiful landscaping and tiled roof hug everything in between with many original features still remaining. The front room currently houses a grand piano and a vintage game of Clue, you can see where the fun and games are curated. Beyond the fireplace facade is a cozy wood wall paneled family room that overlooks the "heated" inground pool and sparkling bay. To the left of the front door entry lounge is a bedroom to the left and an adjoining bedroom with a small jack & jill bathroom in between. The adjoining room has a cedar closet and opens to the Lanai through sliding doors. To the right of the front entry lounge is the master bedroom with a large master bath and walk-through closet. To the right of the family room is a quaint kitchen. Enjoy the beautiful wildlife of tropical birds as they stroll by the window while your doing the dishes. There is a spacious covered screened outdoor lanai. Newer HVAC system-2019. There is opportunity for TLC/Updating/Renovating and making this gem on the Bay your very own. The voluntary neighborhood association meets 6 times a yr. at the Sara Bay Country Club. Dues are optional $30 annually, HOA membership includes dining at Sara Bay Country Club.
Be minutes from downtown Sarasota. Close to Lido beach, St. Armands Circle, Ringling Museum & Asolo Theater. Not too far from World Renowned Siesta Key Beach. Bonus: SRQ Airport is ultra convenient. Call today to book your private showing.

Last Agent to Sell the Property

Kelly & Steve Christie, Team Christie

LPT REALTY, LLC License #3269324 Listed on: 03/24/2023

LPT REALTY, LLC

Last Buyer's Agent

Nicholas Hays

WILLIAM RAVEIS REAL ESTATE License #3277939

WILLIAM RAVEIS REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,196

Year Built

  • Built in 1949

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 80.5x335
  • Property fronts gulf or ocean
  • East Facing Home
  • Irrigation
  • Property is zoned RSF3/WR/

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Full Gulf or Ocean Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Florine J. Abel Elementary School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Whitfield Estates Community
  • Whitfield Estates Unit 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,196

Year Built

Built in 1949

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 1848
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1848
  • Lot Size Sq Ft: 26798
  • Directions to Property: Heading North on N Tamiami Trail from the Sarasota Airport, turn left onto Westmoreland Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 524162049
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 581.71
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Block, Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 7518
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 171.68
  • Room Count: 10

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 30.00
  • Total Monthly Fees: 2.50

Schools

  • Elementary School: Florine J. Abel Elementary

Lot Info

  • Zoning: RSF3/WR/
  • Parcel Number: 6685000009
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 80.5x335
  • Flood Zone Code: AE, VE
  • Homestead YN: 0
  • Lot Size Square Meters: 2490

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8195.62
  • Tax Block: 11
  • Tax Book Number: 2-127
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 30, 2023
Sold by
Lowes Elizabeth A
Bought by
Kiernan Daniel Francis and Carpenter Kristi Rl
Seller's Agent
Kelly & Steve Christie, Team Christie
LPT REALTY, LLC
Buyer's Agent
Nicholas Hays
WILLIAM RAVEIS REAL ESTATE
List Price
$1,390,000
Sold Price
$1,075,000
Premium/Discount to List
-$315,000
-22.66%
Views
116
Current Estimated Value
$995,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,306
Avg. Annual Appreciation
-3.31%
Original Mortgage
$752,500
Outstanding Balance
$733,176
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$262,518

Purchase Details

Closed on
Dec 12, 2014
Sold by
Scheb Robert P
Bought by
Lowes Elizabeth A

Purchase Details

Closed on
Oct 1, 2009
Sold by
Watson Eileen F
Bought by
Watson Eileen F

Purchase Details

Closed on
Nov 19, 1998
Sold by
Watson Eileen and Watson Eileen F
Bought by
Watson Eileen F
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
Kiernan Daniel Francis $1,075,000 Bryant Title
Lowes Elizabeth A -- Attorney
Watson Eileen F -- Attorney
Watson Eileen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiernan Daniel Francis $752,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $1,075,000 -6.5% $582 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/16/2023 05/16/23 Price Changed $1,150,000 -7.6% $622 / Sq Ft
04/14/2023 04/14/23 Price Changed $1,245,000 -10.4% $674 / Sq Ft
03/24/2023 03/24/23 For Sale $1,390,000 -- $752 / 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 $12,841 $949,176 -- --
2024 $12,841 $856,734 $317,750 $538,984
2023 $9,189 $617,961 $317,750 $300,211
2022 $8,196 $526,006 $311,520 $214,486
2021 $7,796 $504,339 $311,520 $192,819
2020 $8,029 $495,466 $311,520 $183,946
2019 $8,029 $490,673 $311,520 $179,153
2018 $8,111 $489,967 $311,520 $178,447
2017 $7,514 $481,948 $0 $0
2016 $7,201 $468,934 $0 $0
2015 $3,503 $388,599 $0 $0
2014 $3,503 $244,914 $0 $0
2013 $3,430 $241,295 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4564135

Stellar MLS

APN: 66850-0000-9