NOT LISTED FOR SALE

7531 Ridge Rd Sarasota, FL 34238

Estimated Value: $689,253 - $771,000

4 Beds
3 Baths
2,439 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $785,000 $322 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,547/month

2 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Laundry Room
  • Ashton Elementary School Rated A
  • 3 Car Attached Garage
  • Sliding Doors

About This Home

As of June 2022

Located only one block from The Legacy Trail for biking and walking/jogging pleasure, this lovely 4 bedroom, 3 full bath home with 3 car garage, tile roof, and heated saltwater pool with jetted underwater benches overlooks a large pond and stately oak tree as well as several palm trees. It has a view of a nature area across the pond. The split floor plan has porcelain and ceramic tile flooring throughout the house, separate living and family rooms, an owner's suite with walk-in closet, separate shower and tub, and enclosed toilet. The owner's bedroom, living room, family room, and kitchen nook all open to the private patio with heated pool enclosed by screening. The kitchen and all bathrooms have been updated with new cabinets and granite countertops. The house has large triple pane hurricane resistant sliding pocket doors and triple pane hurricane resistant windows. It also has been re-piped and has a whole-house water purification system with an additional reverse osmosis filter in the kitchen, as well as a whole-house electric surge protection system.

Last Agent to Sell the Property

Miranda Oswald

KELLER WILLIAMS ON THE WATER License #0394665 Listed on: 05/20/2022

KELLER WILLIAMS ON THE WATER

Co-Listed By

Paige Morgan

KELLER WILLIAMS ON THE WATER License #3420348

Last Buyer's Agent

Tess Savini

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE License #3490470

BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1997

Lot Details

  • 9,429 Sq Ft Lot
  • South Facing Home
  • Property is zoned RSF2

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,439 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Light House Management Association, Phone Number (941) 460-5560
  • Stonebridge Community
  • Stonebridge Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1997

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2439
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1997
  • Lot Size Sq Ft: 9429
  • Directions to Property: Honore south to Palmer Ranch Parkway. Turn right and go a few blocks to entry to Stonebridge on right (Featherstone). Turn right and take first left onto Ridge Road. Home is on right.
  • Status: Sold
  • Co List Office Mls Id: MFR266510701
  • Co List Office Phone: 941-729-7400
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 321.85
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7531
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 226.59
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, 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: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 330
  • Association Fee Frequency: Quarterly
  • Association Name: Light House Management
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1320.00
  • Total Monthly Fees: 110.00
  • Monthly HOA Amount: 110.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0116020012
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 876

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please see HOA docs for restrictions

Tax Info

  • Tax Annual Amount: 4298.21
  • Tax Block: B7A
  • Tax Book Number: 38-18
  • Tax Lot: 10

Multi Family

  • Approval Process: See attached HOA Docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 21, 2022
Sold by
Lee Barbara M and Lee William K
Bought by
Elwell Theresa N and Elwell Thomas A
Seller's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Tess Savini
BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE
List Price
$795,000
Sold Price
$785,000
Premium/Discount to List
-$10,000
-1.26%
Current Estimated Value
$731,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,937
Avg. Annual Appreciation
-2.10%
Original Mortgage
$628,000
Outstanding Balance
$597,700
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$133,363

Purchase Details

Closed on
Jun 10, 2014
Sold by
Zylka Catherine Diane and Vickers Nancy Marie
Bought by
Lee Barbara M and Olivier William K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Zylka Joseph John and Zylka Joye F
Bought by
Zylka Joye F

Purchase Details

Closed on
Nov 10, 1997
Sold by
U S Home Corp
Bought by
Zylka Joseph J and Zylka Joye F
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
Elwell Theresa N $785,000 Sunbelt Title
Lee Barbara M $385,000 Sun Coast Title Company Llc
Zylka Joye F -- --
Zylka Joseph J $235,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elwell Theresa N $628,000
Previous Owner Lee Barbara M $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $785,000 -1.3% $322 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $795,000 -- $326 / 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 $7,235 $598,400 $168,000 $430,400
2023 $7,235 $605,500 $141,300 $464,200
2022 $4,357 $358,549 $0 $0
2021 $4,298 $348,106 $0 $0
2020 $4,309 $343,300 $84,200 $259,100
2019 $4,390 $353,899 $0 $0
2018 $4,290 $347,300 $84,200 $263,100
2017 $4,164 $331,700 $76,000 $255,700
2016 $4,808 $338,800 $73,100 $265,700
2015 $4,809 $330,000 $86,100 $243,900
2014 $3,898 $288,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4536034

Stellar MLS

APN: 0116-02-0012