NOT LISTED FOR SALE

7926 Cypress Lake Dr Sarasota, FL 34243

Estimated Value: $379,000 - $429,000

2 Beds
2 Baths
1,561 Sq Ft
$256/Sq Ft Est. Value

Last Sold January 25, 2012

Last sale price $127,000 $81 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $2,399/month

285 Days on Market

Highlights

  • Golf Course Community
  • Ranch Style House
  • Separate Formal Living Room
  • Deck
  • Wood Flooring
  • Mature Landscaping

About This Home

As of January 2012

Short Sale. Located in fabulous Palm Aire, this split plan ranch has been updated in several areas...just a few of the features include wood floors, large custom installed ceramic tile with decorative foyer entry deisgns, new trim and crown moldings,fresh paint and window coverings. The large tree out back and screened lanai provide for excellent BBQ potential. Enter the lanai from one of three pocketing sets of sliding doors. Located close to everything, just minutes to the beaches, Ringling Museum, Airport, and I75. Palm Aire Country Club currently runnign specials on memberships to their private golf course, or select from dozens of public golf courses nearby. Conservatory Estates at Palm Aire provides an excellent value for those seeking Florida lifestyles.

Last Agent to Sell the Property

Corbett Donovan

PREFERRED SHORE LLC License #0659057 Listed on: 01/26/2011

PREFERRED SHORE LLC

Last Buyer's Agent

Jason Straka

BRIGHT REALTY License #3228597

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1981

Lot Details

  • 10,667 Sq Ft Lot
  • Lot Dimensions are 97.0x110.0
  • South Facing Home
  • Mature Landscaping
  • Property is zoned RSF4.5

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,561 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Palm Aire Community
  • Desoto Lakes Cntry Clb Clny 5 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1981

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1561
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2449
  • Lot Size Sq Ft: 10667
  • Directions to Property: Univeristy to Whitfield Ave, main entrance to Palm Aire. Left on Palm Aire Dr, Left on Conservatory, right on Cypress Lake to home on right marked by sign.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3938423&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3938423&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2052100
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97692
  • Price per Sq Ft: 81.36
  • Close to Original List Price Ratio: 0.72613
  • Ratio: Current Price\Building Area Total: 51.86
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 7926
  • Room Count: 7
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • 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: Deed Restrictions, Golf
  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 75
  • Total Monthly Fees: 6.25

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2052103005
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: 97.0X110.0
  • Millage Rate: 16.57
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-01-25T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1474
  • Tax Book Number: 0019/0040
  • Tax Lot: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2016
Sold by
Walther Kimberly A
Bought by
Mcdermott George A and Miller Mcdermott Helen M
Current Estimated Value
$399,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$165,584
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$234,265

Purchase Details

Closed on
Jul 17, 2008
Sold by
Zahniser Ryan M and Zahniser Adriel
Bought by
Zahniser Ryan M and Zahniser Adriel

Purchase Details

Closed on
Dec 14, 2007
Sold by
Matthews Timothy T and Matthews Mary Beth
Bought by
Zahniser Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1996
Sold by
Brandon Michael P and Brandon Colleen Anne Marie
Bought by
Matthews Timothy T and Matthews Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,219
Interest Rate
6.97%
Mortgage Type
FHA
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
Mcdermott George A $260,000 None Available
Zahniser Ryan M -- None Available
Zahniser Ryan M $205,000 Sunbelt Title Agency
Matthews Timothy T $112,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott George A $208,000
Previous Owner Zahniser Ryan M $198,850
Previous Owner Matthews Timothy T $112,219
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2012 01/25/12 Sold $127,000 0.0% $81 / Sq Ft
11/08/2011 11/08/11 Pending -- -- --
01/26/2011 01/26/11 For Sale $127,000 -- $81 / 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
2025 $3,276 $246,592 -- --
2024 $3,276 $239,642 -- --
2023 $3,216 $232,662 $0 $0
2022 $3,100 $225,885 $0 $0
2021 $2,976 $219,306 $0 $0
2020 $3,061 $216,278 $50,000 $166,278
2019 $3,019 $212,304 $0 $0
2018 $2,981 $208,345 $0 $0
2017 $2,770 $204,060 $0 $0
2016 $1,653 $130,665 $0 $0
2015 $1,656 $129,757 $0 $0
2014 $1,656 $128,727 $0 $0
2013 $1,630 $126,825 $26,190 $100,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3938423

Stellar MLS

APN: 20521-0300-5