NOT LISTED FOR SALE

7995 SW Highway 72 Arcadia, FL 34266

Estimated Value: $493,229 - $600,000

6 Beds
3.5 Baths
3,390 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $330,000 $97 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,395/month

66 Days on Market

Highlights

  • Guest House
  • View of Trees or Woods
  • Open Floorplan
  • Oak Trees
  • 2.5 Acre Lot
  • Florida Architecture

About This Home

As of August 2019

Large foyer opens to a light filled great room with soaring ceilings. Enjoy country living in this 4 bedroom 2 ½ bath home on 2.5 acres includes a 2/1 MOTHER-IN-LAW apartment and workshop. Location is perfect for Port Charlotte and Sarasota commuters. Highway 72 fire station is just 300 yards away. Kitchen features quartz counters, bar, and breakfast nook overlooking the screened lanai. Butlers pantry is ready for your personal touch. Formal dining and living rooms, split plan with three bedrooms on the east side of the home all have walk in closets and guest bath has dual sinks. Master bedroom is large enough for a king size bed and love seat to create a private sanctuary. The lady of the house will fall in love with the master closet and master bath with relaxing jacuzzi tub. A MUST-SEE property. Great home for a large family! Bring your toys and fall in love! Call for your private showing today.

Last Agent to Sell the Property

Ann Bursa

RE/MAX PALM PCS License #420933 Listed on: 05/19/2019

RE/MAX PALM PCS

Last Buyer's Agent

Michael Gray

COLDWELL BANKER REALTY License #3263481

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 1996

Lot Details

  • 2.5 Acre Lot
  • North Facing Home
  • Oak Trees
  • Property is zoned A-5

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Siding

Interior Spaces

  • 3,390 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Ceramic Tile Flooring
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • County Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 3390
  • Lot Size Acres: 2.5
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 5455
  • Lot Size Sq Ft: 108900
  • Directions to Property: Take Highway 72 West toward Sarasota. Home is on the South side of highway 72 between Barrow Road and the Fire station. See sign.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7415908&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7415908&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94286
  • Price per Sq Ft: 97.35
  • Close to Original List Price Ratio: 0.94286
  • Ratio: Current Price\Building Area Total: 60.49
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Skylight(s), Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Street Number Modifier: 7995
  • Room Count: 14
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Guest House, Workshop
  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0153C

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A-5
  • Parcel Number: 01-38-23-0000-0144-0000
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4223
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Mercer Scott G and Mercer Mark A
Bought by
Mercer Scott G and Nichols Robert J
Current Estimated Value
$552,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,207
Outstanding Balance
$469,087
Interest Rate
7.63%
Mortgage Type
FHA
Estimated Equity
$83,720

Purchase Details

Listed on
May 19, 2019
Closed on
Aug 23, 2019
Sold by
Ortega Pedro and Ortega Julia
Bought by
Mercer Mark Alan and Mercer Scott Gregory
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Michael Gray
COLDWELL BANKER REALTY
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$313,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Savole David A and Savole Mary J
Bought by
Ortega Pedro and Ortega Julia
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
Mercer Scott G -- Clear Title Group
Mercer Mark Alan $330,000 Properties Title Llc
Ortega Pedro $125,000 Arcadia Abstract & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Scott G $477,207
Previous Owner Mercer Mark Alan $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $330,000 -5.7% $97 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
05/19/2019 05/19/19 For Sale $350,000 -- $103 / 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 $5,948 $403,895 $57,500 $346,395
2023 $6,383 $392,843 $57,500 $335,343
2022 $6,017 $289,745 $0 $0
2021 $5,372 $263,405 $35,000 $228,405
2020 $5,129 $247,467 $35,000 $212,467
2019 $4,651 $241,588 $35,000 $206,588
2018 $4,223 $205,029 $0 $205,029
2017 $2,894 $174,285 $0 $174,285
2016 $3,435 $154,574 $0 $154,574
2015 $3,318 $146,437 $0 $146,437
2014 $3,002 $144,615 $0 $144,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7415908

Stellar MLS

APN: 01-38-23-0000-0144-0000