NOT LISTED FOR SALE

7956 Meadow Rush Loop Sarasota, FL 34238

Estimated Value: $833,000 - $1,004,000

4 Beds
3 Baths
2,944 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2022

Last sale price $931,000 $316 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,701 / mo

4 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Screened Pool
  • Gated Community
  • Ashton Elementary School Rated A
  • Home fronts a pond
  • Lake View

About This Home

As of January 2022

Come live the Florida lifestyle to the fullest in this magnificent WATERFRONT residence located behind the gates of the beautifully landscaped community of Turtle Rock, Palmer Ranch. This outstanding property's curb appeal is just the beginning as you drive up to the spacious all paved driveway leading to a super sized, air conditioned 3 car garage. The pleasant visit continues as you approach the robust all wood and glass front entry door way with a relaxing and very private outdoor sitting area, setting the stage for an unmatched opportunity when it comes to a "Move In ready" home and outstanding value to boot. Most rooms in the home, principally the bedrooms have been enlarged (when designed and built by Lee Wetherington) giving it an extremely comfortable and spacious feel throughout. WAIT TILL YOU SEE THE VIEWS!!! situated on one of the best lots on this very quiet street, affording the home expansive gorgeous water views not to mention great privacy as well. By the way, plenty of room for your own outdoor kitchen with the plumbing and gas line already in place. Pride of ownership is evident all throughout the home with countless recent updates and upgrades making this property a true "Rare Find". Updates and upgrades like European Oak wide plank flooring in the whole house ( $30,225.00), 2 brand new HVAC (2018 and 2019 ) $15,297.00. HURRICANE WINDOWS IN THE ENTIRE HOUSE, hurricane French doors and hurricane curtain in the lanai ($30,620.00). All kitchen appliances have recently been replaced with top of the line Bosch stainless steel including the hood, sink and faucet ($5,475.00). All counter tops in the kitchen and baths have been upgraded to quartz tops ($9970.00). Newer Maytag washer and dryer ($1625.00). The lanai area just had a complete make over with pavers, the pool and spa resurfaced with new waterline tiles & bullnose in the spa ($15,280.00). The master bath itself, straight out of the pages of a high end decorator magazine with its new tile floor, toilet, hardware, shower door and decorating accents is in a class of its own $13,759.00. Additional features include; the electrical panel is equipped for a generator hook up, the interior has just been repainted with today's color palette in mind, re plumbed for your peace of mind, new shelving in the master bedroom closets, crown moldings, tray ceilings and the list goes on and on...Its location is the icing on the cake, all within minutes of great shopping, dinning and world class entertainment. one of the best school district in the state, abundance of tropical fruits and a butterfly garden in your very own backyard, The ever so popular Legacy Trail is just around the corner and the world famous Siesta Key Beach only a few minutes away. Make an appointment today before it's too late!!

Last Agent to Sell the Property

Claude Pierre

CP REALTY INTERNATIONAL License #3189183 Listed on: 12/02/2021

Last Buyer's Agent

Kenneth Ipox

DOUGLAS ELLIMAN License #3208264

DOUGLAS ELLIMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,412

Year Built

  • Built in 1999

Lot Details

  • 9,640 Sq Ft Lot
  • Home fronts a pond
  • 40 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • South Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,944 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Access To Lake
  • Access To Pond
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Ashton Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include manager, private road, recreational facilities
  • Ed Olson Association, Phone Number (941) 921-3865
  • Visit Association Website
  • Turtle Rock Community
  • Turtle Rock Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,412

Year Built

Built in 1999

Lot Details

9,640 Sq Ft Lot

HOA Fees

$160 per month

Parking

3

Listing Details

  • HOA Fee Includes: Manager, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2944
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 3966
  • Lot Size Sq Ft: 9640
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518738?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4518738?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.05916
  • Price per Sq Ft: 316.24
  • Close to Original List Price Ratio: 1.05916
  • Ratio: Current Price\Building Area Total: 234.75
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake, Pond
  • Water Access: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0227F
  • Waterfront Frontage: 40
  • Water Frontage Feet Lake: 20
  • Water Frontage Feet Pond: 20
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

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, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Available, Public, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • 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, Tennis Courts
  • Association Amenities: Fence Restrictions, Gated, Playground, Recreation Facilities, Tennis Court(s)
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Olson
  • Phone: 941-921-3865
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.myturtlerock.com
  • Association Email: edward@sunstatemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1920
  • Monthly HOA Fee: 160
  • Total Monthly Fees: 160

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121090025
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Application for renters only
  • Num Timesper Year: 2
  • Pet Restrictions: See HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA

Tax Info

  • Tax Annual Amount: 5411.58
  • Tax Block: E
  • Tax Book Number: 37-40
  • Tax Lot: 93

Multi Family

  • Waterfront Features: Lake, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Lind Douglas S and Lind Penny J
Bought by
Douglas And Penny Lind Joint Revocable Trust and Lind
Current Estimated Value
$868,143

Purchase Details

Listed on
Dec 2, 2021
Closed on
Jan 18, 2022
Sold by
Merchant Family Trust
Bought by
Lind Douglas S and Lind Penny J
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
Kenneth Ipox
DOUGLAS ELLIMAN
List Price
$879,000
Sold Price
$931,000
Premium/Discount to List
$52,000
5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%

Purchase Details

Listed on
Jun 6, 2017
Closed on
Nov 29, 2017
Sold by
Mehta Niranjan and Mehta Malvika
Bought by
Merchant Rajeev and Merchant Janice T
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
Midge McCarthy
RE/MAX ALLIANCE GROUP
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.84%

Purchase Details

Closed on
May 4, 1996
Sold by
Palmer Ranch Enterprises Inc
Bought by
Mehta Niranjan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Douglas And Penny Lind Joint Revocable Trust $100 None Listed On Document
Lind Douglas S $931,000 None Listed On Document
Merchant Rajeev $525,000 Attorney
Mehta Niranjan $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Niranjan $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2022 01/18/22 Sold $931,000 +5.9% $316 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $879,000 +67.4% $299 / Sq Ft
08/17/2018 08/17/18 Off Market $525,000 -- --
11/30/2017 11/30/17 Sold $525,000 -4.4% $178 / Sq Ft View Prior Sale
10/14/2017 10/14/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $549,000 -3.5% $186 / Sq Ft
07/07/2017 07/07/17 Price Changed $569,000 -5.0% $193 / Sq Ft
06/06/2017 06/06/17 For Sale $599,000 -- $203 / Sq Ft
Source: Stellar MLS

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 $10,378 $760,000 $177,400 $582,600
2024 $10,023 $834,000 $202,000 $632,000
2023 $10,023 $805,100 $177,400 $627,700
2022 $5,441 $447,534 $0 $0
2021 $5,392 $434,499 $0 $0
2020 $5,412 $428,500 $0 $0
2019 $5,105 $408,211 $0 $0
2018 $4,994 $400,600 $92,400 $308,200
2017 $4,874 $384,487 $0 $0
2016 $4,870 $495,500 $105,100 $390,400
2015 $4,957 $487,900 $96,900 $391,000
2014 $4,976 $365,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4518738

Stellar MLS

APN: 0121-09-0025

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