NOT LISTED FOR SALE

7956 Megan Hammock Way Sarasota, FL 34240

Estimated Value: $789,626 - $918,000

4 Beds
3 Baths
2,720 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $860,000 $316 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,237/month

1 Day on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Deck
  • Tatum Ridge Elementary School Rated A-
  • View of Trees or Woods
  • Ranch Style House

About This Home

As of June 2022

Beautiful home in the Hammocks awaits your personal touches! The single-level floor plan features a contemporary interior and contains large entertainment spaces and a flow-through living/dining area. Create memorable meals in this thoughtfully designed beautifully maintained kitchen, that boasts granite countertops, tile backsplash, stainless steel appliances, large pantry and a breakfast bar. Natural lighting creates the perfect ambiance in the lavish main suite that comes complete with an ensuite bathroom with garden tub, walk-in shower, double vanity. Continuing in the main Bedroom, you'll find a large walk-in closet, captivating backyard views and private entry to the lanai. Three additional spacious guest bedrooms-one with it's own bath (could be an in-law suite) and a third guest bathroom which provides plenty of space for everyone. A large indoor laundry room provides extra storage, extended counter for tasks, and utility sink. System updates include 2 newer HVACs (approx. 2 years), pool heater (approx. 2 years), and cage has been rescreened within the last 2 years, and whole house generator (approx. 3 years), which offers the new owner peace of mind. The professionally landscaped backyard boasts a large deck outdoor, in-ground pool, beautifully manicured lawn and mature trees - a place where wonderful memories are made. With an exceptional location in the Hammocks neighborhood, you can take advantage of the best suburban living around! Right up the street from parks and playgrounds, walking and biking trails and specialty stores, all the conveniences you could possibly need are only moments away. Keep your tools handy and organized in a large 3-car attached garage. This unique home won't last long - schedule your private showing today!

Last Agent to Sell the Property

Robin Wentz

KW SUNCOAST License #3216351 Listed on: 05/05/2022

KW SUNCOAST

Last Buyer's Agent

Maleah Richey

PREFERRED SHORE LLC License #3318254

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,958

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot
  • Northwest Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,720 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Views of Woods
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

  • Tatum Ridge Elementary School
  • Mcintosh Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, manager
  • Lighthouse Properties/Crystal Association, Phone Number (941) 460-5560
  • Visit Association Website
  • The Hammocks Community
  • The Hammocks Subdivision
  • The community has rules related to deed restrictions, fencing, vehicle restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,958

Year Built

Built in 2005

Lot Details

0

HOA Fees

$129 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Manager
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch, Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2720
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3612
  • Lot Size Sq Ft: 14554
  • Directions to Property: Please be aware: GPS may take you to side gate which is for Owners only. Enter from Bee Ridge Road at gate From I75, go East on Bee Ridge Rd, 3 miles to Left into The Hammocks. Follow Royal Hammock to Right onto Eagle Hammock, turn left onto Megan Hammock, #7956 on corner of Eagle Hammock and Megan Hammock.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533534?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4533534?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.01176
  • Price per Sq Ft: 316.18
  • Close to Original List Price Ratio: 1.01176
  • Ratio: Current Price\Building Area Total: 238.1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7956
  • Room Count: 7
  • Additional Rooms: Family Room, Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1251440170D
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Public, Sprinkler Meter, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Fence Restrictions, Gated, Vehicle Restrictions
  • Association Fee: 387.5
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Properties/Crystal
  • Phone: 941-460-5560 303
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Website: www.lighthousepropertymanagement.net
  • Association Email: crystal.gould@mgmt.tv
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1550
  • Monthly HOA Fee: 129.17
  • Total Monthly Fees: 129.17

Schools

  • Elementary School: Tatum Ridge Elementary
  • High School: Sarasota High
  • Middle Or Junior School: McIntosh Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0244080042
  • Additional Parcels: No
  • Flood Zone Code: C
  • Flood Zone Date: 1984-05-01

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Please verify with HOA
  • Num Timesper Year: 1
  • Pet Restrictions: Please verify with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please verify Rental Restrictions with HOA

Tax Info

  • Tax Annual Amount: 4958.29
  • Tax Lot: 2516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jun 14, 2022
Sold by
Jerles Paul L and Jerles Joan
Bought by
Subhadra Bobban and Vivekanandan Vijitha
Seller's Agent
Robin Wentz
KW SUNCOAST
Buyer's Agent
Maleah Richey
PREFERRED SHORE LLC
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%
Current Estimated Value
$842,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,843
Avg. Annual Appreciation
-0.62%
Original Mortgage
$688,000
Outstanding Balance
$651,574
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$190,583

Purchase Details

Closed on
May 16, 2019
Sold by
Jerles Carol L
Bought by
Jerles Paul L

Purchase Details

Listed on
Feb 22, 2017
Closed on
Sep 12, 2017
Sold by
Votaw David A and Rutledge William H
Bought by
Jerles Paul L and Jerles Carol L
Seller's Agent
Mischa Pacini
THE SUNSHINE STATE COMPANY
Buyer's Agent
Linda Scheller
COLDWELL BANKER REALTY
List Price
$574,999
Sold Price
$559,000
Premium/Discount to List
-$15,999
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Nov 5, 2007
Sold by
Votaw David A and Rutledge Linda K
Bought by
Votaw David A and Rutledge Linda K

Purchase Details

Closed on
Oct 14, 2005
Sold by
Coachman Homes Of Sarasota Inc
Bought by
Votaw David A and Rutledge William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Subhadra Bobban $860,000 Williams Parker
Jerles Paul L -- Attorney
Jerles Paul L $559,000 Sunbelt Title Agnecy
Votaw David A -- Attorney
Votaw David A $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Subhadra Bobban $688,000
Previous Owner Votaw David A $512,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $860,000 +1.2% $316 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $850,000 +52.1% $313 / Sq Ft
08/17/2018 08/17/18 Off Market $559,000 -- --
09/13/2017 09/13/17 Sold $559,000 -2.8% $206 / Sq Ft View Prior Sale
07/18/2017 07/18/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $574,999 -- $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 $7,650 $657,449 -- --
2023 $7,650 $638,300 $140,300 $498,000
2022 $5,032 $412,233 $0 $0
2021 $4,958 $400,226 $0 $0
2020 $4,974 $394,700 $82,400 $312,300
2019 $5,159 $413,900 $99,100 $314,800
2018 $5,342 $429,900 $90,600 $339,300
2017 $4,440 $351,536 $0 $0
2016 $4,433 $416,000 $86,400 $329,600
2015 $4,512 $409,500 $79,200 $330,300
2014 $4,495 $334,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4533534

Stellar MLS

APN: 0244-08-0042