NOT LISTED FOR SALE

7556 Ridge Rd Sarasota, FL 34238

Estimated Value: $703,000 - $725,000

4 Beds
3 Baths
2,373 Sq Ft
$300/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $805,000 $339 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,249/month

96 Days on Market

Highlights

  • 50 Feet of Lake Waterfront
  • Screened Pool
  • Reverse Osmosis System
  • Ashton Elementary School Rated A
  • Custom Home
  • Open Floorplan

About This Home

As of July 2023

HUGE PRICE ADJUSTMENT!! Outstanding custom built York model 4BR/3BA with 3 car garage ranch style pool home in very desirable centrally located Palmer Ranch in Stonebridge. Lovely setting with beautiful, mature landscaping with automatic re-cycled water system, includes 2,376 square feet of living area that opens to large screened lanai with solar heated pool and southwest exposure of gorgeous sunsets and scenic lake views. This beautiful home has been re-modeled with plantation shutters throughout, hardwood flooring in the foyer and dining room and beautiful light shade of 20 x 12 tile in the kitchen and bathrooms. The home features front double glass doors that have built-in blinds, vaulted ceiling in great room with sliders going out to lanai and pool area and All New Impact Windows and Doors installed in 2016. New Roof – 2018. New HVAC – 2019 and New Hot Water Heater installed in 2017. The exterior of the home was professionally painted in 2022. Culligan Man water filtration system. Pool bath features a beautiful shower with glass door that has built-in blinds going out to lanai. Laundry room has built-in custom cabinetry, home has in-wall pest control system, lots of storage throughout including wood working benches and pull-down attic space above the 3 car garage. Front yard has spectacular palm tree in front yard. House has been professionally re-piped. Stonebridge is a quiet wonderful community with sidewalks, street lights and large community pool and low HOA fees. Excellent schools. Close to bus stop, 18 mile Legacy walking/bike trail, COSTCO and state-of-the-art Core SRQ gym and lots of restaurants and shopping. Just minutes to Siesta Key beach voted #1 beach in the country! Agents Please read the realtors remarks for important information concerning offers.

Last Agent to Sell the Property

Jay Mitchell

COLDWELL BANKER REALTY License #3046216 Listed on: 03/08/2023

COLDWELL BANKER REALTY

Co-Listed By

Kyle Mitchell

COLDWELL BANKER REALTY License #3047680

Last Buyer's Agent

Kimberly Werla

RE/MAX ALLIANCE GROUP License #3281020

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1998

Lot Details

  • 8,520 Sq Ft Lot
  • 50 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,373 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Desk
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shutters
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Lake Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dinette
  • Walk-In Pantry
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Sinks
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Garden Bath
  • Multiple Shower Heads
  • Built-In Shower Bench
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Deck
  • Screened Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, fidelity bond, insurance, management, recreational facilities
  • Light House Management Serena Schortzmann Association, Phone Number (941) 966-6844
  • Visit Association Website
  • Palmer Ranch Master Association, Phone Number (941) 922-3866
  • Stonebridge Community
  • Stonebridge Unit 1 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, vehicle restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,648

Year Built

Built in 1998

Lot Details

0

HOA Fees

$120 per month

Parking

3

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Management, Pool, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2373
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3396
  • Lot Size Sq Ft: 8520
  • Directions to Property: From Clark road go south on Honore to Palmer Ranch PKWY right to first subdivision on right. Go right and immediately left on Ridge Rd. the house is 6th house on left 7556 Ridge
  • Status: Sold
  • Co List Office Mls Id: MFR281502372
  • Co List Office Phone: 941-349-4411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 339.23
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Impact Glass/Storm Windows, Insulated Windows, Shutters, Window Treatments
  • Street Number Modifier: 7556
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 220.46
  • Room Count: 14

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Patio, Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 50
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115c0226F
  • Water Frontage Feet Lake: 50

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Amenities: Fence Restrictions, Vehicle Restrictions
  • Association Fee: 314
  • Association Fee Frequency: Quarterly
  • Association Name: Light House Management Serena Schortzmann
  • Phone: 941-966-6844
  • Association: Yes
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 46
  • Association #2 Fee Frequency: Quarterly
  • Association: Palmer Ranch Master Association
  • Association Phone #2: 941-922-3866
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Dangerous aggressive breeds
  • Association Fee Requirement: Required
  • Association Email: serena@mgmt.tv
  • Association URL: https://www.lighthousepropertymanagement.net/
  • Management: Full Time

Fee Information

  • Total Annual Fees: 1440.00
  • Total Monthly Fees: 120.00
  • Monthly HOA Amount: 104.67

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0116070018
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Property Attached Yn: No
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 792
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Must fill out the lease form found on the website and turn it into Lighthouse management for board approval. Pay fees to have background checks run

Tax Info

  • Tax Annual Amount: 4648.14
  • Tax Book Number: 0038/0018
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Fill out Purchase /leasing forms and turn in to Lighthouse with $100 application fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Schaeffer Thomas C and Schaeffer Maria L
Bought by
Schaeffer Revocable Trust and Schaeffer
Current Estimated Value
$711,863

Purchase Details

Listed on
Mar 8, 2023
Closed on
Jul 19, 2023
Sold by
Mcomber Thomas C and Mcomber Richard M
Bought by
Schaeffer Thomas C and Schaeffer Maria L
Seller's Agent
Jay Mitchell
COLDWELL BANKER REALTY
Buyer's Agent
Kimberly Werla
RE/MAX ALLIANCE GROUP
List Price
$997,000
Sold Price
$805,000
Premium/Discount to List
-$192,000
-19.26%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.25%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Mcomber Gene L and Mcomber Betsy L
Bought by
Mcomber Gene L and Mcomber Betsy L

Purchase Details

Closed on
Apr 6, 2011
Sold by
Kopel Ellen and Zottoli Ellen K
Bought by
Mcomber Gene L and Mcomber Betsy L

Purchase Details

Closed on
Apr 25, 2006
Sold by
Zottoli John
Bought by
Zottoli Ellen K

Purchase Details

Closed on
Apr 30, 1998
Sold by
U S Home Corp
Bought by
Bandekow Leigh A and Bandekow Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.03%
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
Schaeffer Revocable Trust $100 None Listed On Document
Schaeffer Thomas C $805,000 None Listed On Document
Mcomber Gene L -- Attorney
Mcomber Gene L $345,000 Msc Title Inc
Zottoli Ellen K -- Attorney
Bandekow Leigh A $232,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bandekow Leigh A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $805,000 -2.9% $339 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/14/2023 05/14/23 Price Changed $829,000 -7.6% $349 / Sq Ft
04/24/2023 04/24/23 Price Changed $897,000 -4.1% $378 / Sq Ft
04/06/2023 04/06/23 Price Changed $935,000 -6.2% $394 / Sq Ft
03/08/2023 03/08/23 For Sale $997,000 -- $420 / 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 $4,750 $590,200 $163,000 $427,200
2023 $4,750 $396,093 $0 $0
2022 $4,648 $384,556 $0 $0
2021 $4,596 $373,355 $0 $0
2020 $4,609 $368,200 $82,200 $286,000
2019 $4,410 $356,261 $0 $0
2018 $4,128 $334,504 $0 $0
2017 $3,943 $314,408 $0 $0
2016 $3,508 $323,000 $70,000 $253,000
2015 $3,569 $303,300 $72,500 $230,800
2014 $3,592 $266,149 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4562149

Stellar MLS

APN: 0116-07-0018