$290,000
SOLD MAR 17, 2025

1612 Fairway Trace Unit A Palmetto, FL 34221

3 Beds
2 Baths
1,298 Sq Ft
$500/mo HOA Fee

Recently Sold

$223 Per Sq Ft

12% Below List Price

226 Days on Market

Highlights

  • Golf Course View
  • Stone Countertops
  • Community Pool
  • Open Floorplan
  • Mature Landscaping
  • Eat-In Kitchen

About This Home

As of March 2025

Welcome to the paradise of Palmetto Florida in this beautiful and quiet community of Fairway Palms in Terra Ceia! This ground level, 3 bedroom 2 bath end unit condominium with golf course views is the prime location for your winter home or year round residence. Beautifully updated with all tile floors and updated eat in kitchen, crown molding and enclosed lanai with golf course views. The carport assigned to this condo right out the front door. Terra Ceia Bay Country Club is a secluded waterfront complex and golf course with an active resort lifestyle. Palmetto is a city in Manatee County, situated along the Gulf Coast of Florida, known for its proximity to waterways and natural beauty. Fairway Palms community is close to various recreational areas, golf courses, and parks typical of the Gulf Coast region and the beautiful Gulf Coast beaches of Anna Maria Island and more. Click the video link to use the Matterport 3D tour to view the inside in more detail or Call your Realtor today to schedule your private tour. #JustAnotherDayInParadise

Last Agent to Sell the Property

Edward Bieker

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3393331

DALTON WADE INC

Last Buyer's Agent

Matthew Guthrie

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC License #3279457

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1994

Lot Details

  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance
  • Fairway Palms, A Condominum Community
  • Fairway Palms Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,022

Year Built

Built in 1994

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1298
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1418
  • Directions to Property: From downtown Palmetto north to Terra Ceia Bay Club. Follow entrance to Fairway Trace, take left and follow to building on right. Unit is downstairs right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Sarasota
  • Escrow Postal Code: 34236
  • Escrow State: FL
  • Escrow Street Name: Main Street, Ste # 774
  • Escrow Street Number: 1990
  • Floor Number: 1
  • List Office Head Office Key Nume: 163917242
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 223.42
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-668-8283
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1612
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 120.59
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: CONTACT CONDO ASSOCIATION FOR RULES
  • Building Name Number: A
  • Condo Fees: 1500
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 500
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 6000.00
  • Total Monthly Fees: 500.00

Lot Info

  • Zoning: PDH
  • Parcel Number: 2413210358
  • Additional Parcels: No
  • Flood Zone Code: X AE
  • Homestead YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: CONTACT CONDO ASSOCIATION FOR RULES

Tax Info

  • Tax Annual Amount: 2022.24
  • Tax Book Number: 1433-3510
  • Tax Lot: 106
  • Tax Other Annual Assessment Amount: 591

Multi Family

  • Approval Process: CONTACT CONDO ASSOCIATION FOR PROCESS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Mar 17, 2025
Sold by
Kramer Norma
Bought by
Mcgregor Kenneth Tracy
Seller's Agent
Edward Bieker
DALTON WADE INC
Buyer's Agent
Matthew Guthrie
MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC
List Price
$329,900
Sold Price
$290,000
Premium/Discount to List
-$39,900
-12.09%
Total Days on Market
226
Views
247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$232,000
Outstanding Balance
$231,808
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$61,112

Purchase Details

Closed on
May 4, 2016
Sold by
Small Barbara I and Small Clifton N
Bought by
Kramer Norma and Warren Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1997
Sold by
Fru Con Ocean Gulf Pk Ltd
Bought by
Small Barbara I

Map

Range of Values:

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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 $290,000 None Listed On Document
Warranty Deed $150,000 Attorney
Warranty Deed $94,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,000 New Conventional
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 Sold $290,000 -3.0% $223 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $299,000 -8.0% $230 / Sq Ft
08/10/2024 08/10/24 Price Changed $325,000 -1.5% $250 / Sq Ft
06/21/2024 06/21/24 For Sale $329,900 -- $254 / Sq Ft
Source: Stellar MLS

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 $2,103 $112,962 -- --
2023 $2,022 $109,672 $0 $0
2022 $2,030 $106,478 $0 $0
2021 $1,916 $103,377 $0 $0
2020 $1,966 $101,950 $0 $0
2019 $1,925 $99,658 $0 $0
2018 $1,904 $97,800 $0 $0
2017 $1,758 $95,788 $0 $0
2016 $1,909 $103,185 $0 $0
2015 $1,725 $102,468 $0 $0
2014 $1,725 $101,655 $0 $0
2013 $1,824 $101,655 $1 $101,654
Source: Public Records

Source: Stellar MLS

MLS Number: A4614692

Stellar MLS

APN: 24132-1035-8