NOT LISTED FOR SALE

7721 Sandhill Lake Dr Sarasota, FL 34241

Estimated Value: $836,000 - $899,000

3 Beds
3 Baths
2,864 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $652,000 $228 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,402/month

540 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Open Floorplan
  • Lakeview Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of October 2020

MOVE-IN-READY-Introducing the Cypress at Sandhill Lake, presented in an elegant West Indies exterior with a private pool and views of lush tropical landscape. The welcoming open concept great room, dining and kitchen feature tray ceilings, eight-foot doors and pocketing sliders. The kitchen is equipped with GE Slate appliances, custom wood cabinetry, quartz counter tops and a cabinet pantry. Architectural details are emphasized throughout the interior and exterior living spaces of this exceptional home. The Cypress is being offered by $16,420 below our reproduction cost. Seller Will pay closing cost up to $7,500.

Last Agent to Sell the Property

Andrea Cohen

COLDWELL BANKER REALTY License #674066 Listed on: 03/25/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Andrea Cohen

COLDWELL BANKER REALTY License #674066 Listed on: 03/25/2019

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,750 Sq Ft Lot
  • West Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,864 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Great Room
  • Den
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Ventilation

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, ground maintenance, manager, private road, recreational facilities
  • Sandhill Lake Becky Bishop Association, Phone Number (941) 328-3272
  • Visit Association Website
  • Built by Heritage Builders of West FL
  • Sandhill Lake Subdivision, Cypress West Indies Floorplan
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Grounds, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2864
  • Lot Size Acres: 0.17
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 3918
  • Lot Size Sq Ft: 7750
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4431348?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4431348?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Subdivision Num: 3279
  • Projected Completion Date: 2020-01-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.98045
  • Price per Sq Ft: 227.65
  • Close to Original List Price Ratio: 0.95124
  • Ratio: Current Price\Building Area Total: 166.41
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Thermal Windows
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Off Street
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community
  • Association Amenities: Fence Restrictions, Gated, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Sandhill Lake Becky Bishop
  • Phone: 941 328 3272
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.sandhilllakesarasota.com
  • Association Email: bbishop@heritagebuilder.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3600
  • Monthly HOA Fee: 300
  • Total Monthly Fees: 300

Schools

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

Lot Info

  • Parcel Number: 0281040034
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Building Info

  • Builder Name: Heritage Builders of West FL

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 3 Months
  • Approval Process: Must be approved by HOA
  • Pet Restrictions: No Aggressive breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: To be determined by HOA

Tax Info

  • Tax Annual Amount: 1451.27
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Oct 26, 2020
Sold by
Hb Clark Land Holdings Llc
Bought by
Lark Kenneth A and Lark Cynthia H
Seller's Agent
Andrea Cohen
COLDWELL BANKER REALTY
Buyer's Agent
Andrea Cohen
COLDWELL BANKER REALTY
List Price
$685,420
Sold Price
$652,000
Premium/Discount to List
-$33,420
-4.88%
Current Estimated Value
$869,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,694
Avg. Annual Appreciation
5.85%
Original Mortgage
$170,000
Outstanding Balance
$151,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$718,418

Purchase Details

Listed on
Mar 25, 2019
Closed on
Oct 16, 2020
Sold by
Hb Clark Land Holdings Llc
Bought by
Lark Kenneth A and Lark Cynthia H
Seller's Agent
Andrea Cohen
COLDWELL BANKER REALTY
Buyer's Agent
Andrea Cohen
COLDWELL BANKER REALTY
List Price
$685,420
Sold Price
$652,000
Premium/Discount to List
-$33,420
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$151,276
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$718,418
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lark Kenneth A $652,000 Attorney
Lark Kenneth A $652,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lark Kenneth A $170,000
Closed Lark Kenneth A $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $652,000 -2.0% $228 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $665,000 -0.2% $232 / Sq Ft
09/02/2020 09/02/20 Price Changed $666,500 -0.4% $233 / Sq Ft
04/08/2020 04/08/20 Price Changed $669,000 -0.9% $234 / Sq Ft
02/26/2020 02/26/20 Price Changed $674,900 -1.5% $236 / Sq Ft
03/25/2019 03/25/19 For Sale $685,420 -- $239 / 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 $6,233 $529,813 -- --
2023 $6,233 $514,382 $0 $0
2022 $6,074 $498,623 $0 $0
2021 $5,977 $484,100 $132,000 $352,100
2020 $6,045 $444,900 $112,300 $332,600
2019 $1,451 $115,100 $115,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4431348

Stellar MLS

APN: 0281-04-0034