NOT LISTED FOR SALE

7540 Preservation Dr Sarasota, FL 34241

Estimated Value: $1,422,877 - $1,718,000

3 Beds
3.5 Baths
3,697 Sq Ft
$424/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $705,000 $191 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $9,326/month

8 Days on Market

Highlights

  • Lake Front
  • Access To Lake
  • Reverse Osmosis System
  • Lakeview Elementary School Rated A
  • Heated Indoor Pool
  • Open Floorplan

About This Home

As of March 2012

Short Sale. Former Christie's Great Estates listing with lender-approved price for quick sale! Custom 2006 Arthur Rutenberg St. Augustine VI upgraded with lavish details and finishes (see Feature Sheet in attachments). Ten foot walls of glass pocket away to sweep you out into the expanded lanai and cabana. An outdoor kitchen, fireplace and heated pool/spa provide the perfect setting for both family and entertaining. Gated neighborhood of only 32 custom estate homes. Listing Price may not be sufficient to pay the total of all liens and costs of sale. Sale of Property at full listing price may require approval of seller's lender(s). Such approval may be conditioned upon the gross commission being reduced.

Last Agent to Sell the Property

Jennifer Putnam

COLDWELL BANKER SARASOTA CENT. License #3158789 Listed on: 01/03/2012

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Ron and Bozena Suponcic

COLDWELL BANKER REALTY License #3043255

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 2006

Lot Details

  • 0.7 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Property is zoned RE1

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,697 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Storage Room
  • Laundry in unit
  • Inside Utility
  • Attic

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Access To Lake

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 7
  • Assessor Parcel Number 0283080005

Community Details

Overview

  • Association fees include escrow reserves fund, private road
  • Argus Management Association
  • Preserve At Heron Lake Community
  • Preserve At Heron Lake Subdivision
  • The community has rules related to deed restrictions

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,089

Year Built

Built in 2006

Lot Details

0

HOA Fees

$289 per month

Parking

3

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3697
  • Lot Size Acres: 0.7
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 5149
  • Lot Size Sq Ft: 30509
  • Directions to Property: I-75 to Clark Rd. (Exit #205). East 2 miles to The Preserve on Heron Lake (on right/South side)
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 2968
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 190.7
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 136.92
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2011
  • Special Features: 12

Interior Features

  • Fireplace Features: Gas, Living Room, Other Room
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 7540
  • Room Count: 10
  • Additional Rooms: Attic, Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Indoor, Other, Salt Water, Screen Enclosure
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • Water Body Name: Heron Lake
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Gas, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Amenities: Security
  • Association Fee: 866
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Management
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Complex Community Name NCCB: PRESERVE HERON LAKE
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3464
  • Total Monthly Fees: 288.67

Schools

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 0283080005
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Millage Rate: 13.15
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-30T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 9089
  • Tax Book Number: 0045/0001
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 30, 2012
Sold by
Roberts Jeffrey G and Roberts Marsha
Bought by
Miller Michael C and Miller Susan L
Seller's Agent
Jennifer Putnam
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Ron and Bozena Suponcic
COLDWELL BANKER REALTY
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$1,568,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$863,219
Avg. Annual Appreciation
6.06%
Original Mortgage
$417,000
Outstanding Balance
$269,923
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,298,296

Purchase Details

Closed on
Jan 12, 2006
Sold by
M Pete Mcnabb Inc
Bought by
Roberts Jeffrey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 11, 2005
Sold by
Mp & Wc Llc
Bought by
M Pete Mcnabb Inc
Source: Public Records

Range of Values:

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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
Miller Michael C $704,000 Attorney
Roberts Jeffrey G $1,433,500 None Available
M Pete Mcnabb Inc $226,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Michael C $417,000
Previous Owner Roberts Jeffrey G $280,000
Previous Owner Roberts Jeffrey G $997,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $705,000 0.0% $191 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $705,000 -- $191 / 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 $9,745 $832,349 -- --
2023 $9,745 $808,106 $0 $0
2022 $9,553 $784,569 $0 $0
2021 $9,453 $761,717 $0 $0
2020 $9,507 $751,200 $189,200 $562,000
2019 $9,671 $770,140 $0 $0
2018 $9,488 $755,780 $0 $0
2017 $9,454 $740,235 $0 $0
2016 $9,472 $889,200 $166,200 $723,000
2015 $9,647 $884,100 $161,900 $722,200
2014 $9,615 $703,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3953716

Stellar MLS

APN: 0283-08-0005