NOT LISTED FOR SALE

7968 Meadow Rush Loop Sarasota, FL 34238

Estimated Value: $742,000 - $848,000

4 Beds
3 Baths
2,679 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $650,000 $243 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,853/month

1 Day on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Clubhouse
  • Ashton Elementary School Rated A
  • Lake View
  • Florida Architecture

About This Home

As of August 2021

Single family home located in Turtle Rock Palmer Ranch. Everything original . For MLS data

Last Agent to Sell the Property

Claude Pierre

CP REALTY INTERNATIONAL License #3189183 Listed on: 08/31/2021

Last Buyer's Agent

Claude Pierre

CP REALTY INTERNATIONAL License #3189183 Listed on: 08/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1996

Lot Details

  • 9,622 Sq Ft Lot
  • South Facing Home
  • Mature Landscaping
  • Property is zoned RSF1

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,679 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Lake Views
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 90 / E
  • Assessor Parcel Number 0121090022

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 1996

Lot Details

0

HOA Fees

$160 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Manager, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2679
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 9622
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 242.63
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Solid Surface Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Drapes
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0227F
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Natural Gas Available, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: 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
  • Association Amenities: Basketball Court, Clubhouse, Fence Restrictions, Gated, Playground, Tennis Court(s), Trail(s)
  • Association Fee: 480
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Olson
  • Phone: 941-921-3865
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • 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: 0121090022
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: See Hoa Docs
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs

Tax Info

  • Tax Annual Amount: 4361
  • Tax Block: E
  • Tax Book Number: 37-40
  • Tax Lot: 90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Aug 30, 2021
Sold by
Cornish Allyson and Cornish Family Living Trust
Bought by
Howe Karen M and Howe Frederick E
Seller's Agent
Claude Pierre
CP REALTY INTERNATIONAL
Buyer's Agent
Claude Pierre
CP REALTY INTERNATIONAL
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$774,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,781
Avg. Annual Appreciation
4.16%
Original Mortgage
$400,000
Outstanding Balance
$361,007
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$413,774

Purchase Details

Closed on
Dec 22, 2004
Sold by
Cornish Richard J and Cornish Beverly A
Bought by
Cornish Richard J and Cornish Beverly A

Purchase Details

Closed on
Jul 8, 2004
Sold by
Sheets James A and Sheets Anne L
Bought by
Cornish Richard J and Cornish Beverly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 1997
Sold by
Lee Wetherington Homes Inc
Bought by
Sheets James A and Sheets Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.75%

Purchase Details

Closed on
Jan 16, 1996
Sold by
Palmer Ranch Ent Inc
Bought by
Lee Wetherington Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Howe Karen M $649,000 Attorney
Cornish Richard J -- --
Cornish Richard J $545,000 First Fidelity Title Inc
Sheets James A $360,000 --
Lee Wetherington Homes Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Karen M $400,000
Previous Owner Cornish Richard J $150,000
Previous Owner Sheets James A $288,000
Previous Owner Lee Wetherington Homes Inc $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $650,000 0.0% $243 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $650,000 -- $243 / 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 $7,461 $662,950 -- --
2024 $7,215 $619,096 -- --
2023 $7,215 $601,064 $0 $0
2022 $7,009 $583,557 $0 $0
2021 $4,351 $350,756 $0 $0
2020 $4,361 $345,913 $0 $0
2019 $4,214 $338,136 $0 $0
2018 $4,117 $331,831 $0 $0
2017 $4,098 $325,006 $0 $0
2016 $4,098 $394,800 $105,100 $289,700
2015 $4,170 $377,300 $96,900 $280,400
2014 $4,191 $308,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4510937

Stellar MLS

APN: 0121-09-0022