by Global Lifestyle Properties

See Home Value
$605,000
● House - Off Market

7242 Bounty DRIVE

SARASOTA, FL 34231
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,810 Ft²
$620,108
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Located less than 7 miles from downtown Sarasota and 4 miles from Siesta Key Beach, you'll find this desirable 3-bedroom, 2 bath home with private pool and expansive back yard. The quaint and friendly neighborhood of Gulf Gate Woods sets the scene for a relaxed lifestyle, and once you step into this updated property you'll instantly envision how to make this space your own. Generous living and entertaining areas include formal living room, formal dining room, family room and an elegant kitchen with gleaming newer appliances, solid surface counters and a convenient pass through to the pool area. The split floor plan provides privacy and seclusion, while ceramic tile, laminate and new carpet flooring creates a fabulous flow from space to space. You'll savor every sip of your coffee in the enclosed lanai amid the cool Fall breeze. With no maintenance needed, this home has a 2013 barrel tile roof, 2021 A/C, new water heater and new interior paint. The home has also been replumbed and has partial impact window replacement. A convenient oversized 2-car garage completes the picture. Gulf Gate is a sought-after area of Sarasota with its amazing proximity to the downtown core and some of the best beaches. Nearby you'll also find schools, medical facilities, grocery stores and almost anything else you could need to live well. Seller offering financing for qualified buyer.
Unit Size
1,810 Ft²
Days on Market
75 days
Land Size
0.31 acres
Price per sqft
$345
Property Type
House
Property Taxes
$402
HOA Dues
$6
Year Built
1980

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Last updated: 3 years ago (Stellar MLS #A4576456)

Price History

Date / Event Date Event Price
Sep 28, 2023 Sold
Sold
Aug 30, 2023 In contract -
In contract
Aug 26, 2023 Relisted $659,000
Relisted
Aug 26, 2023 Price Decreased $624,000
↓ $35K (5.3%)
Price Decreased
Aug 15, 2023 No longer available -
No longer available
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 13,460
  • Total Building Area: 2,316
  • Gross Building Area: 2,379
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GULF GATE WOODS UNIT 1
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 16 BLK 46 GULF GATE WOODS UNIT 1

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L020 A055 F052
  • Census Tract: 002004

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 29-21
  • Account Number: 0111070020
  • Subdivision Tract Number: 1769
  • Parcel: 0111-07-0020
  • Block: 46
  • Lot: 16
  • Meridian: SEC 21 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2511
  • Longitude: -82.5035

    Address

  • Full Address: 7242 Bounty Dr
  • Legal Unit: 1
  • Address - House Number: 7242
  • Address - Street Name: Bounty
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C039
  • 4-Digit Zip Code: 2425
  • Zip Code: 34231

Valuation

    Tax

  • Total Area: 2,577
  • Tax Year: 2023
  • Tax Amount: $519,106
  • Tax Rate Code Area: 2000

    Appraisal Valuation

  • Standard Deviation: 0.1929
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 594,562
  • High Value: 709,310
  • Low Value: 479,815

    Market Valuation

  • Market Total Value: $421,100
  • Market Land Value: $163,900
  • Market Improvement Value: $257,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,100
  • Assessed Land Value: $163,900
  • Assessed Improvements Value: $257,200

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Sep 28, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 148662
  • Previous Sale Recording Date: Jul 05, 2016
  • Previous Sale Contract Date: Jul 05, 2016
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gulf Gate Woods


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Nearby Rentals

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7328 Curtiss Avenue, FL, 34231 Listing by Maureen Plichta
Unit for rent at 2410 Cass Street, FL, 34231

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,624 ft²
2410 Cass Street, FL, 34231 Listing by Robert D. Bevington
Unit for rent at 1694 Joyce Street, SARASOTA, FL, 34231

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,673 ft²
1694 Joyce Street, SARASOTA, FL, 34231 Listing by Robert D. Bevington


Frequently Asked Questions

When was property at 7242 Bounty Drive built and last sold?
The property at 7242 Bounty Drive was built in 1980 and last sold on Sep 27, 2023 for $605,000.
How much is this home worth?
The estimated value of the home located at 7242 Bounty Drive is $0.
What are some comparable homes to 7242 Bounty Drive?
There are currently no comparable homes to 7242 Bounty Drive.