NOT LISTED FOR SALE

7740 Sandhill Lake Dr Sarasota, FL 34241

Estimated Value: $842,169 - $1,007,000

3 Beds
3 Baths
2,606 Sq Ft
$353/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $767,000 $294 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,907/month

703 Days on Market

Highlights

  • Newly Remodeled
  • Heated In Ground Pool
  • Open Floorplan
  • Lakeview Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of May 2020

This is a Model Home that is being offered for leaseback. For terms, please contact our Sales Associate. Sandhill Lake is an exquisite enclave of just 43 customizable single-family homes in a private, gated location convenient to Sarasota’s finest beaches, dining and shopping. Easy, carefree living is enriched by the Residents' Club with resort-style pool, spa and fire pit in this low-maintenance community. The Magnolia is a new and innovative floor plan with soaring ceilings, an open concept great room, dining area and gourmet kitchen with oversized island. The kitchen is equipped with stainless steel appliances, custom wood cabinetry, granite counter tops and a walk-in pantry. Architectural details are emphasized throughout the interior and exterior living spaces of this designer model home.

Last Agent to Sell the Property

Andrea Cohen

COLDWELL BANKER REALTY License #674066 Listed on: 01/25/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Barbara Dumbaugh

MICHAEL SAUNDERS & COMPANY License #0617496

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,833

Year Built

  • Built in 2018 | Newly Remodeled

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
  • Stucco

Interior Spaces

  • 2,606 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • 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
  • Laminate

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Ventilation

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

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
  • Gas Water Heater
  • 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
  • Built by Heritage Builders of West Florida
  • Sandhill Lake Subdivision, Magnolia 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

$5,833

Year Built

Built in 2018 | Newly Remodeled

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, Stucco
  • Fireplace: No
  • Living Area: 2606
  • Lot Size Acres: 0.17
  • New Construction: Yes
  • Year Built: 2018
  • Building Area Total: 3619
  • Lot Size Sq Ft: 7750
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208116&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208116&cview=true&show_results=true&customer_portal=true
  • 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
  • Ratio: Close Price\List Price: 0.96115
  • Price per Sq Ft: 294.32
  • Close to Original List Price Ratio: 1.01259
  • Ratio: Current Price\Building Area Total: 211.94
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Thermal Windows
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, 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
  • 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, Gas, 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: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • 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: 0281040050
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation

Building Info

  • Builder Name: Heritage Builders of West Florida

Rental Info

  • 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: 5833.28
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
May 1, 2020
Sold by
Rb Clark Land Holding Llc
Bought by
Ward Thomas N and Ward Karen K
Seller's Agent
Andrea Cohen
COLDWELL BANKER REALTY
Buyer's Agent
Barbara Dumbaugh
MICHAEL SAUNDERS & COMPANY
List Price
$757,467
Sold Price
$767,000
Premium/Discount to List
$9,533
1.26%
Current Estimated Value
$920,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,542
Avg. Annual Appreciation
3.34%
Original Mortgage
$613,600
Outstanding Balance
$557,057
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$363,485
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ward Thomas N $767,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Thomas N $613,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $767,000 -3.9% $294 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
11/01/2018 11/01/18 Price Changed $798,000 +2.4% $306 / Sq Ft
08/31/2018 08/31/18 Price Changed $779,000 +2.8% $299 / Sq Ft
01/25/2018 01/25/18 For Sale $757,467 -- $291 / 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 $8,947 $691,987 -- --
2023 $8,947 $788,800 $222,400 $566,400
2022 $8,388 $741,700 $204,600 $537,100
2021 $6,843 $519,900 $162,600 $357,300
2020 $6,390 $473,300 $138,200 $335,100
2019 $5,833 $433,100 $127,200 $305,900
Source: Public Records

Agents Affiliated with this Home

  • Andrea Cohen

    Seller's Agent in 2020

    Andrea Cohen

    COLDWELL BANKER REALTY

    (786) 773-0370

    28 Total Sales

    Andrea Cohen
    Section Image
  • Barbara Dumbaugh

    Buyer's Agent in 2020

    Barbara Dumbaugh

    Michael Saunders

    (941) 350-3743

    49 Total Sales

    Barbara Dumbaugh
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4208116

Stellar MLS

APN: 0281-04-0050

Florida Sarasota County Sarasota 34241

7740 Sandhill Lake Dr, Sarasota, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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