Neighborhood
7419 Loblolly Bay Trl, Lakewood Ranch, FL 34202
3 beds · 2 baths · 1,930 sq ft · Lot: 9,017 sq ft · Single Family Home · Last Sold: $353K in 2019 · Built: 2000
Est. Value:
$380K
Est. Rent:
$3.5K/month

7419 Loblolly Bay Trl Lakewood Ranch, FL 34202

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3 beds · 2 baths · 1,930 sq ft · Lot Size: 9,017 sq ft · Single Family Home · Riverwalk
Est. Property Value: $380,022

High Demand Long-Term RentalLarge Lot AdvantageOwned for 5 - 10 YearsOwner Age 65 - 75

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7419 Loblolly Bay Trl is in the Riverwalk neighborhood of Lakewood Ranch, FL. It is located in Manatee County and ZIP code 34202. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 1930 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9017 sq ft lot. According to public records, it was last sold in 2019 for $353,000 and has a tax-assessed value of $477,370, which is $197 per sq ft. The Riverwalk area of Lakewood Ranch has 189 residential homes with an average size of 2029 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7419 Loblolly Bay Trl Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 7419 Loblolly Bay Trl

The property has a current estimated value of $380,022, which is 9% below the neighborhood median, based on public records. It last sold on November 21, 2019 for $353K. Projected long-term
is $42,000 annually ($3,500 per month) with a 81% occupancy rate.

Discover more Single Family Homes in Riverwalk.
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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
81%in 34202 zip code
 
View Rental Potential

Owners & Occupancy for 7419 Loblolly Bay Trl

This property is owned by Russell T Pickus. Owner contact information includes 7 phone numbers and 6 email addresses.

Property Owners

Cell Phone(609) ***-****View Cell Phone
Residence******************
Landline(610) 758-9400
Distance from Property**********
Email Address**********@gmail.comView Email

Cell Phone(609) ***-****View Cell Phone
Residence******************
Landline
Distance from Property**********
Email Address*************@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateNovember 21, 2019
Property Tax Amount$5,573 in 2024
Purchase Price$353,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 69
Resident 2***************** age 68

Property Details for 7419 Loblolly Bay Trl

Property Details

Property Sq Ft

Living Area

1,930 sq ft

5% below market

Lot Size

9,017 sq ft

8% above market

Price Per Sq Ft

Living Area

$197 / sq ft

5% below market

Lot Size Area

$42 / sq ft

20% below market

Property condition, age, exterior, etc. for 7419 Loblo…
Longitude: -82.430925 Latitude: 27.408048 Parcel Number (APN): 5841-7360-9…
Mortgage originated on through lender: Bank Of America Na for$******View Mortgage Details
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Market Benchmarks

Compare data for 7419 Loblolly Bay Trl in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$380,022
$352,849
$27,172 (8%)
$******
$469,783
$63,002 (13%)
YoY Price Change
****%
1.8%
-261%
Year Built
2000
1990
10 years
Living Space
1,930 sq ft
1,630 sq ft
300 (18%)
$ Per Living Sq Ft
$197
$217
-$20 (-9%)
Lot Size
9,017 sq ft
9,599 sq ft
-582 (-6%)
$ Per Lot Sq Ft
$42
$40
$2 (5%)

Net Operating Income
$*****
$19,987
$8,041 (40%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$*****
$9,588
$4,384 (46%)
Net Operating Income
$*****
$19,987
$8,041 (40%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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