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7147 Lago Street

7147 Lago Street, Sarasota, FL 34241
Property in Lake Sarasota
Sold Nov 02, 2020
$225,000
Sold Jan 17, 2017
$225,000
7147 Lago Street in Sarasota, FL was first built in 1977 and is 47 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 7147 Lago Street has 2,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a carport. The garage is 281 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 28, 2020 for $225,000. That's $109.44 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2017 for $225,000. 7147 Lago Street was last assessed in 2023. The total value of the property was assessed at $320,227. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,297. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 281
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,560
  • Total Building Area: 2,056
  • Gross Building Area: 2,056
  • Building Area: 2,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: LAKE SARASOTA UNIT 12
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1052 LAKE SARASOTA UNIT 12

Ownership

  • Current Owner : YOUNG STEVEN G
  • Current Owner 2: YOUNG TORI A
  • Previous Owner : RUBIN MARK
  • Owner Before Previous Owner: WWP PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001402

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 30B
  • Account Number: 0260030015
  • Subdivision Tract Number: 1241
  • Parcel: 0260-03-0015
  • Lot: 1052
  • Meridian: SEC 05 TWN 37S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2913
  • Longitude: -82.4275

    Address

  • Full Address: 7147 Lago St
  • Legal Unit: 12
  • Address - House Number: 7147
  • Address - Street Name: Lago
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R050
  • 4-Digit Zip Code: 5814
  • Zip Code: 34241

Valuation

    Tax

  • Total Area: 2,503
  • Tax Year: 2023
  • Tax Amount: $4,297
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.208
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 454,744
  • High Value: 549,351
  • Low Value: 360,136

    Market Valuation

  • Market Total Value: $338,500
  • Market Land Value: $127,000
  • Market Improvement Value: $211,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,227

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796206799
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020153850
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Jan 11, 2017
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARK RUBIN
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Oct 28, 2023

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Frequently Asked Questions

What neighborhood is 7147 Lago Street located in?
The 7147 Lago Street is a located in the neighborhood of Lake Sarasota in Lake Sarasota, Sarasota.
What is the average sales price for listings in 7147 Lago Street?
The average sales price for units in 7147 Lago Street is $0 currently.

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