NOT LISTED FOR SALE

7997 Meadow Rush Loop Sarasota, FL 34238

Estimated Value: $562,015 - $768,000

3 Beds
2 Baths
1,990 Sq Ft
$322/Sq Ft Est. Value

Last Sold January 13, 2014

Last sale price $335,000 $168 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,840/month

136 Days on Market

Highlights

  • Screened Pool
  • Custom Home
  • Open Floorplan
  • Ashton Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of January 2014

Desirable Turtle Rock location this immaculate Lee Wetherington home has been gently lived in. This three bedroom home is light and bright. Lounge in the pool with its enclosed lanai and brick pavers. This home has been replumbed and alarm protected foryour peace of mind. Automatic irrigation system that uses reclaimed water to keep your yard green. Turtle rock is a well established neighborhood on Palmer Ranch and 'World Famous' Siesta Beach is only 15 minutes away. Legacy Trail is located in the middle of this community offering 10 miles of biking and running paths. Show this immaculate home to your fussiest buyers.

Last Agent to Sell the Property

Tara Lamb

MICHAEL SAUNDERS & COMPANY License #0682501 Listed on: 07/15/2013

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Judy Greene

MICHAEL SAUNDERS & COMPANY License #0590524

Last Buyer's Agent

Claude Pierre

CP REALTY INTERNATIONAL License #3189183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 1997

Lot Details

  • 9,913 Sq Ft Lot
  • Property fronts a private road
  • North Facing Home
  • Property is zoned RSF1

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,990 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Turtle Rock Community
  • Turtle Rock Unit 3 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Greenbelt

Recreation

  • Tennis Courts

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 1997

Lot Details

0

HOA Fees

$135 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1990
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2718
  • Lot Size Sq Ft: 9913
  • Directions to Property: Left Turtle Rock entrance to second Meadow Rush Loop.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3981306&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3981306&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2608
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.95742
  • Price per Sq Ft: 168.34
  • Close to Original List Price Ratio: 0.8481
  • Ratio: Current Price\Building Area Total: 123.25
  • View: No
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7997
  • Room Count: 9
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Screen Enclosure
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Tennis Courts
  • Association Amenities: Gated, Security, Tennis Court(s)
  • Association Fee: 405
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1620
  • Total Monthly Fees: 135

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0121160025
  • Additional Parcels: No
  • Lot Features: Greenbelt, Sidewalk
  • Millage Rate: 13.39
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 4 Months
  • Expected Lease Date: 2014-01-13T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3219
  • Tax Block: E-1
  • Tax Book Number: 0037/0040
  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jan 13, 2014
Sold by
Smith Willis R and Willis R Smith Jr Living Trust
Bought by
Bentz David C and Bentz Judith L
Seller's Agent
Tara Lamb
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Claude Pierre
CP REALTY INTERNATIONAL
List Price
$395,000
Sold Price
$335,000
Premium/Discount to List
-$60,000
-15.19%
Current Estimated Value
$640,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,254
Avg. Annual Appreciation
5.65%
Original Mortgage
$268,000
Outstanding Balance
$185,588
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$454,666

Purchase Details

Closed on
Aug 11, 2009
Sold by
Smith Willis R
Bought by
Smith Willis R and Willis R Smith Jr Living Trust

Purchase Details

Closed on
Jul 3, 1996
Sold by
Palmer Ranch Ent Inc
Bought by
Smith Willis R and Smith Roverda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.99%
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
Bentz David C $335,000 Stewart Title Company
Smith Willis R -- Attorney
Smith Willis R $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentz David C $268,000
Previous Owner Smith Willis R $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2014 01/13/14 Sold $335,000 -4.3% $168 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
11/13/2013 11/13/13 Price Changed $349,900 -5.2% $176 / Sq Ft
09/09/2013 09/09/13 Price Changed $369,000 -6.6% $185 / Sq Ft
07/15/2013 07/15/13 For Sale $395,000 -- $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 $3,855 $328,863 -- --
2023 $3,855 $319,284 $0 $0
2022 $3,729 $309,984 $0 $0
2021 $3,688 $300,955 $0 $0
2020 $3,694 $296,800 $76,200 $220,600
2019 $3,772 $306,923 $0 $0
2018 $3,682 $301,200 $80,500 $220,700
2017 $3,790 $304,900 $99,000 $205,900
2016 $4,042 $332,400 $105,700 $226,700
2015 $4,114 $316,500 $97,400 $219,100
2014 $4,373 $251,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3981306

Stellar MLS

APN: 0121-16-0025