NOT LISTED FOR SALE

7618 Rio Bella Place University Park, FL 34201

Estimated Value: $568,003 - $637,000

2 Beds
2 Baths
1,969 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $405,000 $206 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,027/month

111 Days on Market

Highlights

  • Boat Ramp
  • Dock made with wood
  • Screened Pool
  • Robert Willis Elementary School Rated A-
  • Access To Creek
  • Gated Community

About This Home

As of August 2018

HUGE price reduction. Location, Location, Location ! Immaculate 2 bedroom, 2 bath, plus den/office home is in the heart of University park corridor. This gated maintenance free community with only 82 homes, brick paved sidewalks, tile roofs is surrounded by nature preserves and mature trees, with a dock and boat ramp for kayak and canoe experience on the Braden River. Constructed by trusted and well-known Medallion Homes builder, this beautiful decorated home features towering volume ceilings, stunning engineered flooring with hand-scraped and distressed wood. This home has a nice light and bright open floor plan, with an upgraded gas kitchen, granite counter tops, stainless steel appliances, an a dinette to enjoy your breakfast. the large den/office has smart bookshelves installed. Open the pocket glass sliding doors to enjoy the pool and the covered dinning space. Located in Sarasota's BEST LOCATION with easy access to finest gulf beaches, Downtown Sarasota, Downtown Lakewood Ranch, premium restaurants, UTC Mall for shopping, medical facilities, gyms, entertainment, and much more. ***NO CDD fees and *** LOW HOA fees***

Last Agent to Sell the Property

Lucas Thompson

SRQ INTERNATIONAL REALTY LLC License #3115344 Listed on: 03/26/2018

Last Buyer's Agent

Don Russell

License #3302376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 2013

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Property is zoned PDR/WPE/

HOA Fees

  • $194 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,969 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Access To Creek
  • Dock made with wood
  • Deck
  • Covered Patio or Porch

Schools

  • Robert E Willis Elementary School
  • Braden River Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, private road, recreational facilities, security
  • University Park Community
  • Riva Trace Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,942

Year Built

Built in 2013

Lot Details

0

HOA Fees

$194 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1969
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 2711
  • Lot Size Sq Ft: 7405
  • Directions to Property: From University Parkway go North on Honore Ave. Then Right on Riva Trace through the gate. The home will be on your right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214426&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4214426&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9878
  • Price per Sq Ft: 205.69
  • Close to Original List Price Ratio: 0.94186
  • Ratio: Current Price\Building Area Total: 149.39
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7618
  • Room Count: 9
  • Additional Rooms: Attic, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • Water Body Name: Braden River
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Creek
  • Water Extras: Dock - Wood
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0340E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Gas, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Gated Community
  • Association Amenities: Gated, Security
  • Association Fee: 582
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2328
  • Monthly HOA Fee: 194
  • Total Monthly Fees: 194

Schools

  • Elementary School: Robert E Willis Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1918911509
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 50
  • Minimum Lease: 6 Months
  • Approval Process: $100 application fee. HOA approval. Contact Premium Resource Management 941.359.4876
  • Pet Restrictions: 2 pets maximum size of 50 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Premium Resource Management 941.359.4876

Tax Info

  • Tax Annual Amount: 4942
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Berlin Family Revocable Trust and Berlin Evan Scott
Bought by
Berlin Drew Larsen and Berlin Abigail Oster
Current Estimated Value
$614,751

Purchase Details

Listed on
Mar 26, 2018
Closed on
Aug 21, 2018
Sold by
Malatesta Diego Alberto
Bought by
Berlin Evan S and Berlin Kyle L M
Seller's Agent
Lucas Thompson
SRQ INTERNATIONAL REALTY LLC
Buyer's Agent
Don Russell
List Price
$430,000
Sold Price
$405,000
Premium/Discount to List
-$25,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$340,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Gottich Anna Elizabeth
Bought by
Malatesta Diego Alberto

Purchase Details

Listed on
Aug 8, 2013
Closed on
Jul 31, 2013
Sold by
Mandarin Development Inc
Bought by
Malatesta Diego Alberto and Gottlieb Anna Elizabeth
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Corbett Donovan
PREFERRED SHORE LLC
Sold Price
$325,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$322,968
Interest Rate
4.29%
Mortgage Type
New Conventional
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
Berlin Drew Larsen $100 None Listed On Document
Berlin Evan S $405,000 Attorney
Malatesta Diego Alberto -- None Available
Malatesta Diego Alberto $340,000 Sun Coast Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berlin Evan S $340,800
Previous Owner Malatesta Diego Alberto $322,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2018 08/21/18 Sold $405,000 -1.2% $206 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
05/17/2018 05/17/18 Price Changed $410,000 -4.7% $208 / Sq Ft
03/25/2018 03/25/18 For Sale $430,000 +32.1% $218 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
08/08/2013 08/08/13 Sold $325,600 -- $166 / Sq Ft View Prior Sale
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 $7,311 $491,297 -- --
2024 $7,311 $521,060 $71,400 $449,660
2023 $6,979 $501,758 $71,400 $430,358
2022 $6,252 $432,345 $70,000 $362,345
2021 $5,275 $335,563 $70,000 $265,563
2020 $5,409 $328,416 $70,000 $258,416
2019 $6,092 $368,676 $70,000 $298,676
2018 $4,907 $329,520 $60,000 $269,520
2017 $4,942 $347,076 $0 $0
2016 $5,131 $352,785 $0 $0
2015 $5,321 $350,333 $0 $0
2014 $5,321 $317,316 $0 $0
2013 $1,140 $58,500 $58,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4214426

Stellar MLS

APN: 19189-1150-9