$125,000
SOLD AUG 25, 2025

1325 Banchory Ln Unit 7 Sarasota, FL 34237

2 Beds
2 Baths
1,186 Sq Ft
$750/mo HOA Fee

Recently Sold

$105 Per Sq Ft

648 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • High Ceiling
  • Booker High School Rated A-
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of August 2025

Short Sale. Short Sale approved at list price. Where can you find a villa in this location at this reduced priced???? Attention Snow Birds and locals looking for a good deal! Two-bedroom split floor plan, two-bath villa nestled near the heart of Sarasota's vibrant downtown and UTC mall. Perfectly located, this gem awaits your personal touch to transform it into your Florida dream home. Not to mention, you're a short drive away from the UTC mall and world-class golf courses! Whether you're looking for cultural events, fine dining, shopping, or entertainment, it's all within your reach. Publix and a wide array of restaurants are a stone's throw away. Don't let this opportunity slip away - make your Florida dream a reality today! Seller will consider all reasonable offers! Fees include water, exterior maintenance including roofs which were just replaced, management, etc.

Last Agent to Sell the Property

Midge McCarthy

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0684949 Listed on: 10/12/2023

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Midge McCarthy

RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #0684949 Listed on: 10/12/2023

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $810

Year Built

  • Built in 1988

Lot Details

  • East Facing Home

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Villa
  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
  • Don Association, Phone Number (941) 358-3366
  • Visit Association Website
  • Rustic Oaks Community
  • Rustic Oaks Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$810

Year Built

Built in 1988

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 1186
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1377
  • Directions to Property: Beneva RD, West onto 12th St, North into Rustic Oaks, property on the left after the pool
  • Status: Sold
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: 2nd Street
  • Escrow Street Number: 1800
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 105.40
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Attribution Contact: 941-954-5454
  • Tax Year: 2022
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 1325
  • Additional Rooms: Inside Utility
  • Living Area Meters: 110.18
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: French Doors, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Guest

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet, Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Pool
  • Association Name: Don
  • Phone: 941 358 3366
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Limited to household pets
  • Condo Fees: 750
  • Condo Land Included YN: 0
  • Association Email: hannah@dellcor.com
  • Monthly Condo Fee Amount: 750
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: dellcormanagement.com

Fee Information

  • Total Annual Fees: 9000.00
  • Total Monthly Fees: 750.00

Lot Info

  • Zoning: RMF1
  • Parcel Number: 2022081007
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Applicants must submit an application. Cost is $150. Application is attached to the mls.

Tax Info

  • Tax Annual Amount: 810
  • Tax Block: 3
  • Tax Lot: 7

Multi Family

  • Approval Process: Application submitted to the management company. Applicants must confirm all requirements with the Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Aug 25, 2025
Sold by
Colavita Peter
Bought by
Colavita Peter and Leno Jean-Paul Michael
Seller's Agent
Midge McCarthy
RE/MAX ALLIANCE GROUP
Buyer's Agent
Midge McCarthy
RE/MAX ALLIANCE GROUP
List Price
$125,000
Sold Price
$125,000
Views
3597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1116.68%

Purchase Details

Closed on
Mar 26, 2013
Sold by
Colavita Michael and Colavita Fanny
Bought by
Colavita Peter

Purchase Details

Closed on
Jun 25, 2005
Sold by
Colavita Peter and Colavita Michael
Bought by
Colavita Peter

Purchase Details

Closed on
May 9, 2003
Sold by
Colavita Peter
Bought by
Colavita Peter and Colavita Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.76%

Purchase Details

Closed on
May 4, 1995
Sold by
Badgett James A
Bought by
Colavita Michael and Colavita Fanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Sunset Title Agency
Warranty Deed -- --
Warranty Deed $85,000 --
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $44,000 No Value Available
Previous Owner $48,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $125,000 0.0% $105 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $125,000 0.0% $105 / Sq Ft
07/02/2025 07/02/25 For Sale $125,000 -13.8% $105 / Sq Ft
04/26/2025 04/26/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $145,000 -14.2% $122 / Sq Ft
03/28/2025 03/28/25 For Sale $169,000 0.0% $142 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $169,000 -5.8% $142 / Sq Ft
01/28/2025 01/28/25 For Sale $179,500 0.0% $151 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
12/08/2024 12/08/24 Price Changed $179,500 -3.0% $151 / Sq Ft
10/24/2024 10/24/24 Price Changed $185,000 -1.6% $156 / Sq Ft
08/16/2024 08/16/24 Price Changed $188,000 -0.5% $159 / Sq Ft
07/09/2024 07/09/24 Price Changed $189,000 -3.5% $159 / Sq Ft
04/05/2024 04/05/24 Price Changed $195,900 -2.0% $165 / Sq Ft
02/11/2024 02/11/24 Price Changed $199,999 -3.8% $169 / Sq Ft
01/21/2024 01/21/24 Price Changed $208,000 -1.0% $175 / Sq Ft
12/28/2023 12/28/23 Price Changed $210,000 -6.7% $177 / Sq Ft
12/12/2023 12/12/23 Price Changed $225,000 -4.3% $190 / Sq Ft
11/14/2023 11/14/23 Price Changed $235,000 -4.0% $198 / Sq Ft
10/31/2023 10/31/23 Price Changed $244,900 -1.6% $206 / Sq Ft
10/12/2023 10/12/23 For Sale $249,000 -- $210 / 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 $859 $77,212 -- --
2023 $859 $74,963 $0 $0
2022 $811 $72,780 $0 $0
2021 $808 $70,660 $0 $0
2020 $813 $69,684 $0 $0
2019 $797 $68,117 $0 $0
2018 $789 $66,847 $0 $0
2017 $786 $65,472 $0 $0
2016 $706 $89,200 $0 $89,200
2015 $716 $68,400 $0 $68,400
2014 $716 $62,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4585307

Stellar MLS

APN: 2022-08-1007