NOT LISTED FOR SALE

7941 Meadow Rush Loop Sarasota, FL 34238

Estimated Value: $631,000 - $694,000

3 Beds
2 Baths
2,177 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $434,000 $199 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,078/month

91 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Stone Countertops
  • Ashton Elementary School Rated A
  • Open Floorplan
  • Wine Refrigerator

About This Home

As of September 2019

HUGE REDUCTION!! Updated 3 bedroom, 2 bath with a den pool home, 3 car garage in the gated community of Turtle Rock. Open kitchen with Island, wood cabinets & granite counters, new stainless dishwasher, range & wine cooler, wet bar. Aquarium glass window overlooking the pool & oversized patio. Granite counter tops in both bathrooms. Tiled throughout living areas & new carpet in bedrooms & den. Freshly painted Interior & Exterior of the home. Master bath features a shower, dual sinks & a garden tub. Community features include tennis, basketball, playground, heated pool, acres of nature preserves, lakes & nature trails. Just minutes to shopping, restaurants, YMCA, Legacy Bike Trail, beaches & easy access to I-75.

Last Agent to Sell the Property

Walter Grohosky

RE/MAX PALM REALTY License #3163706 Listed on: 04/29/2019

RE/MAX PALM REALTY

Last Buyer's Agent

George Faline

WEST COAST REAL ESTATE License #0329691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1998

Lot Details

  • 9,700 Sq Ft Lot
  • West Facing Home
  • Property is zoned PUD

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Slate Roof
  • Block Exterior

Interior Spaces

  • 2,177 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Propane
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Covered Patio or Porch

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, manager, private road, recreational facilities
  • Ed Olsen Association, Phone Number (941) 921-3865
  • Turtle Rock Community
  • Turtle Rock Parcels E 2 & F 2 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

Built in 1998

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2177
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 3112
  • Lot Size Sq Ft: 9700
  • Directions to Property: 41 N to R on Central Sarasota Pkwy, L on Turtle Rock Blvd, R on Meadow Rush Loop
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7414903?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7414903?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99793
  • Price per Sq Ft: 199.36
  • Close to Original List Price Ratio: 0.94368
  • Ratio: Current Price\Building Area Total: 139.46
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 7941
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Slate
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0227F
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Propane
  • Cooling: Central Air
  • Heating: Central
  • 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, Irrigation-Reclaimed Water, Playground, Pool, Sidewalk, Tennis Courts
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Olsen
  • Phone: 941-921-3865
  • Association: Yes
  • Senior Community: No
  • Association Email: edward@sunstatemanage
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1600
  • Monthly HOA Fee: 133.33
  • Total Monthly Fees: 133.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 0121080059
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Approval Process: See HOA doc
  • Pet Restrictions: See HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs

Tax Info

  • Tax Annual Amount: 3802
  • Tax Block: E2
  • Tax Book Number: 38-27
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 5, 2019
Sold by
U S Bank National Association
Bought by
Holland Kenneth R and Holland Sirena T
Seller's Agent
Walter Grohosky
RE/MAX PALM REALTY
Buyer's Agent
George Faline
WEST COAST REAL ESTATE
List Price
$459,900
Sold Price
$434,000
Premium/Discount to List
-$25,900
-5.63%
Current Estimated Value
$663,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,784
Avg. Annual Appreciation
7.19%
Original Mortgage
$412,300
Outstanding Balance
$361,099
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$302,685

Purchase Details

Closed on
Jan 28, 2019
Sold by
Gonzalez Armando
Bought by
U S Bank Na

Purchase Details

Closed on
Nov 10, 2004
Sold by
Gonzalez Armando and Gonzalez Barbara Ann
Bought by
Gonzalez Armando and Gonzalez Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2000
Sold by
Gonzalez Armando and Gonzalez Lauren K
Bought by
Gonzalez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1998
Sold by
U S Home Corp
Bought by
Gonzalez Armando and Gonzalez Lauren K

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
Interest Rate
7.03%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Palmer Ranch Dev Ltd
Bought by
U S Home Corp
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
Holland Kenneth R $434,000 Buyers Title Inc
U S Bank Na $283,201 None Available
Gonzalez Armando -- Courtesy Title Inc
Gonzalez Armando -- --
Gonzalez Armando $192,900 --
U S Home Corp $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Kenneth R $412,300
Previous Owner Gonzalez Armando $304,000
Previous Owner Gonzalez Armando $230,000
Previous Owner Gonzalez Armando $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $434,000 -0.2% $199 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/22/2019 07/22/19 Price Changed $434,900 -3.3% $200 / Sq Ft
06/01/2019 06/01/19 Price Changed $449,900 -2.2% $207 / Sq Ft
04/29/2019 04/29/19 For Sale $459,900 -- $211 / 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 $5,233 $444,314 -- --
2023 $5,233 $431,373 $0 $0
2022 $4,702 $383,469 $0 $0
2021 $4,592 $372,300 $88,900 $283,400
2020 $4,843 $350,300 $75,600 $274,700
2019 $4,898 $358,900 $86,300 $272,600
2018 $3,802 $308,086 $0 $0
2017 $3,785 $301,749 $0 $0
2016 $3,770 $373,300 $105,300 $268,000
2015 $3,836 $358,400 $97,000 $261,400
2014 $3,859 $286,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7414903

Stellar MLS

APN: 0121-08-0059