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7424 Ridge Road

7424 Ridge Road, Sarasota, FL 34238
House in Stonebridge
Sold Sep 01, 2017
$347,000
$277,600 by Bank Of England
Mortgage Due Sep 01, 2047
Sold Jan 17, 2001
$188,500
$150,800 by 1st Nationwide Mtg Corp
Mortgage
7424 Ridge Road has been categorized by the local assessors in Sarasota, FL as a residential type of property. The building on the property was first built in 1997 and is 27 years old. However, we must point out that the home was most recently renovated and altered in 2012. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7424 Ridge Road has 1,707 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,520 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The building has a hip style roof made of concrete. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7424 Ridge Road sold most recently in Aug 28, 2017 for a total of $347,000. If you work out the math, that's approximately a cost of $161.55 per sqft. Before that, the property was also sold for $188,500 in Jan 9, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,654 in taxes each year. 7424 Ridge Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $480,400. If we break it down further, the land itself was valued at $133,400. Improvements to the property, however, were assessed at a total of $347,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: B-
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,520
  • Total Building Area: 2,148
  • Gross Building Area: 2,178
  • Building Area: 1,707
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,707
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: STONEBRIDGE UNIT 2
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 57 STONEBRIDGE UNIT 2

Ownership

  • Current Owner : CLEMENT WILLIAM CLARKE
  • Current Owner 2: CLEMENT MARGIT ELSA
  • Previous Owner : BAGGULEY ANDREW
  • Owner Before Previous Owner: BLANCO JOSEPH
  • Owner Before Previous Owner 2: BLANCO JANET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002015

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29B
  • Account Number: 0116030016
  • Subdivision Tract Number: 2659
  • Parcel: 0116-03-0016
  • Lot: 57
  • Meridian: SEC 23 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2467
  • Longitude: -82.4741

    Address

  • Full Address: 7424 Ridge Rd
  • Legal Unit: 2
  • Address - House Number: 7424
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R060
  • 4-Digit Zip Code: 4402
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 2,306
  • Tax Year: 2023
  • Tax Amount: $5,654
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.188
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 607,279
  • High Value: 721,502
  • Low Value: 493,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,600
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Sep 01, 2017
  • First Open Lien Mortgage Loan Amount: $277,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2047

    Market Valuation

  • Market Total Value: $480,400
  • Market Land Value: $133,400
  • Market Improvement Value: $347,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $480,400
  • Assessed Land Value: $133,400
  • Assessed Improvements Value: $347,000

    Sales

  • Current Sale Contract Date: Aug 28, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Transaction ID: 1733241223
  • Current Sale Price: $347,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017111211
  • Previous Sale Recording Date: Jan 17, 2001
  • Previous Sale Contract Date: Jan 09, 2001
  • Previous Sale Amount: $188,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Sep 01, 2017
  • First Mortgage Loan Amount: $277,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: 1ST NATIONWIDE MTG CORP
  • Previous Mortgage Transaction Date: Jan 17, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $150,800

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Frequently Asked Questions

What neighborhood is 7424 Ridge Road located in?
The 7424 Ridge Road is a house located in the neighborhood of Stonebridge in Palmer Ranch, Sarasota.
What is the average sales price for listings in 7424 Ridge Road?
The average sales price for units in 7424 Ridge Road is $0 currently.

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