NOT LISTED FOR SALE

7960 Megan Hammock Way Sarasota, FL 34240

Estimated Value: $966,231 - $1,064,000

4 Beds
3 Baths
3,544 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $699,999 $198 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,227/month

94 Days on Market

Highlights

  • 61 Feet of Waterfront
  • Screened Pool
  • Gated Community
  • Tatum Ridge Elementary School Rated A-
  • Home fronts a pond
  • Pond View

About This Home

As of October 2020

Mediterranean 4 bedroom/3 bath Estate Home in The Hammocks II with private lake and preserve views! A stately paver drive & Nite Lites welcome you to this gorgeous 3544 S.F. home and then the grand foyer sets the stage with volume & Tray ceilings & Porcelain Tile flooring. The formal Living Room, Dining room & den/study with built in cabinetry share wonderful views of the pool, pond and preserve. The upgraded kitchen starts with high quality cherry cabinetry, thick granite, high end stainless steel appliances including 3 ovens, warmer tray, gas cooking, double drawer dishwasher, center island/breakfast bar, breakfast room area with aquarium glass view of pool area, awesome wet bar and is open to the family room with gas fireplace. The master suite is located on one end of the home includes a fabulous and opulent master bathroom with double vanities and copper sinks, soaking tub with jets, separate shower with dedicated hot water tank and the walk in master closet is complete with wonderful built in cabinetry. The second bedroom is an en suite that also serves as a cabana bath. Bedrooms 3 and 4 are a "Jack & Jill" design and includes lighted onyx stone vanity counter.. A large laundry room completes the interior of this home. The oversized paver pool deck is complete with a large salt water pool, elevated/integrated hot tub/spa that has a remote control for temperature, multi color lighting and water features. plus there are built in speakers.and a child safety fence. The home has an oversized, side load 2 car garage, 2 zone A/C & heat one unit is new. The exterior was just repainted. The Hammocks is a gated community with optional membership to the neighboring Laurel Oaks Country Club.

Last Agent to Sell the Property

Scotty Ledford

VUE REALTY, LLC License #3089898 Listed on: 07/06/2020

Co-Listed By

Bob Thurston

VUE REALTY, LLC License #3426635

Last Buyer's Agent

Tiffany Twigg

License #3468608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,812

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 91x150x91x146
  • Home fronts a pond
  • 61 Feet of Waterfront
  • Northwest Facing Home
  • Irrigation
  • Property is zoned RSF1

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Pond
  • Pool

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,544 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outside Bathroom Access
  • Child Gate Fence
  • Chlorine Free
  • Pool Lighting

Outdoor Features

  • Access To Pond
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, ground maintenance, manager, private road, security
  • Lighthouse Property Management Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Hammond A H Sub Community
  • Hammocks Subdivision
  • The community has rules related to deed restrictions, fencing, vehicle restrictions
  • Rental Restrictions

Recreation

  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,812

Year Built

Built in 2008

Lot Details

0

HOA Fees

$129 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Maintenance Grounds, Manager, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3544
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 5065
  • Lot Size Sq Ft: 13574
  • Directions to Property: Bee Ridge Road East of I-75to North into the Hammocks to the gate. (You will need a gate code provided via show button/showing time.) Once through the gate, immediate right on Crest Hammock Way. Go to end and turn left onto Eagle Hammock Drive then first right onto Megan Hammock Way to 2nd home on right
  • Status: Sold
  • Street Post Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471516?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471516?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 2905
  • Planned Unit Development Y N: Yes
  • Subdivision Section Number: 2
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 197.52
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 138.2
  • View: Yes
  • Co List Office Mls Id: 281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Travertine
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground, Other
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 7960
  • Room Count: 12
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Child Safety Fence, Chlorine Free, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Screen Enclosure
  • Exterior Features: French Doors, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0170F
  • Waterfront Frontage: 61
  • Water Frontage Feet Pond: 61

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: 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, Playground, Sidewalk
  • Association Amenities: Fence Restrictions, Playground, Vehicle Restrictions
  • Association Fee: 1550
  • Association Fee Frequency: Annually
  • Association Name: Lighthouse Property Management
  • Phone: 941-460-5560X303
  • Association: Yes
  • Senior Community: No
  • Association Website: https://www.lighthousepropertymanagement.net/
  • Association Email: Kerry Keegan / kerry@mgmt.tv
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

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: 0246050021
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Lot Dimensions: 91X150X91X146
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1-2 Years
  • Approval Process: There are forms to fill out and submit along with a copy of the lease. Renter must be provided a copy of the Rules & Regulations and covenants AND must comply
  • Num Timesper Year: 1
  • Pet Restrictions: A "reasonable number of pets" is permitted. Pet size/weight is not governed. See Declaration of restrictions page 30 of 38.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: There are forms to fill out and submit along with a copy of the lease. Renter must be provided a copy of the Rules & Regulations and covenants AND must comply

Tax Info

  • Tax Annual Amount: 6812
  • Tax Lot: 2517

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Winston James A and Winston Pamela R
Bought by
Winston Family Trust and Winston
Current Estimated Value
$1,005,558

Purchase Details

Listed on
Jul 6, 2020
Closed on
Oct 30, 2020
Sold by
Ocholski Wladyslawa
Bought by
Winston James A and Winston Pamela R
Seller's Agent
Scotty Ledford
VUE REALTY, LLC
Buyer's Agent
Tiffany Twigg
List Price
$699,999
Sold Price
$699,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$725,198
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Tivoli Homes Of Sarasota Inc
Bought by
Ocholski Wladyslawa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,464
Interest Rate
5.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List 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
Winston Family Trust $100 None Listed On Document
Winston James A $699,999 Attorney
Ocholski Wladyslawa $221,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winston James A $725,198
Previous Owner Ocholski Wladyslawa $607,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $699,999 0.0% $198 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/06/2020 09/06/20 For Sale $699,999 0.0% $198 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $699,999 -- $198 / 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 $9,130 $780,946 -- --
2023 $9,130 $758,200 $164,900 $593,300
2022 $8,619 $770,700 $192,000 $578,700
2021 $6,820 $513,300 $121,700 $391,600
2020 $6,690 $493,000 $123,000 $370,000
2019 $6,812 $507,700 $135,200 $372,500
2018 $5,521 $440,839 $0 $0
2017 $5,499 $431,772 $0 $0
2016 $5,535 $517,500 $110,600 $406,900
2015 $5,633 $509,100 $94,700 $414,400
2014 $5,613 $410,461 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4471516

Stellar MLS

APN: 0246-05-0021