NOT LISTED FOR SALE

3731 Sarasota Square Blvd Unit 207B Sarasota, FL 34238

Estimated Value: $171,000 - $211,000

1 Bed
1.5 Baths
919 Sq Ft
$387/mo HOA Fee

Last Sold February 22, 2013

Last sale price $72,000 $78 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,503/month

241 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • High Ceiling
  • Riverview High School Rated A
  • Park or Greenbelt View
  • Great Room

About This Home

As of February 2013

Palmer Club is a great 55+ condominium conveniently located near Sarasota Square Mall, churches and buses. This is a nice one bedroom unit with a powder room in addition to the one full bathroom. Price includes all appliances. Enjoy the high ceilings, crown molding, and paneled doors found in every unit at The Palmer Club. Parking and extra storage units are under the building, where you also can access the attractive screened garden area with comfortable seating- a great place to visit with neighbors and friends. This unit faces east, away from the afternoon sun and has a serene view of the small lake and wildlife. There is a lovely assisted living facility across the parking lot where residents of The Palmer Club can have lunch or dinner in a great room overlooking the lake. Menus are posted weekly and reservations are required. There is a charge for this service. The seller is offering a one-year home warranty to the buyer. NOTE NEW LOW PRICE. SELLER IS READY TO MOVE ON.

Last Buyer's Agent

Linda Starcher, PA

RE/MAX ALLIANCE GROUP License #0400649

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $802

Year Built

  • Built in 1990

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $387 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 919 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Park or Greenbelt Views
  • Medical Alarm

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Customized Wheelchair Accessible
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, private road, security, sewer, water
  • Managed By Condo Assoc. Association
  • Mid-Rise Condominium
  • Palmer Club At Prestancia Community
  • Palmer Club At Prestancia Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$802

Year Built

Built in 1990

Lot Details

0

HOA Fees

$387 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Private Road, Security, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 919
  • New Construction: No
  • Year Built: 1990
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 1003
  • Directions to Property: Beneva Rd to Sarasota Square Blvd, left into The Palmer Club, 3731 is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3961739&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3961739&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8035
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 78.35
  • Close to Original List Price Ratio: 0.72727
  • Ratio: Current Price\Building Area Total: 71.78
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Microwave Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 3731
  • Room Count: 5
  • Additional Rooms: Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Amenities: Elevator(s), Security, Storage
  • Association Name: Managed by condo assoc.
  • Association: No
  • Security: Medical Alarm
  • Condo Fees: 387
  • Condo Fees Term: Monthly
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4644
  • Total Monthly Fees: 387

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0123061017
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Millage Rate: 13.15
  • Future Land Use: 0404
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2013-02-22T05:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 802
  • Tax Book Number: 0029/0004
  • Tax Lot: 207-B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2014
Sold by
Somek Heinz
Bought by
Somek Heinz and Heinz Somek Revocable Trust
Current Estimated Value
$187,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,365
Outstanding Balance
$61,645
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$138,711

Purchase Details

Listed on
Jun 14, 2012
Closed on
Feb 22, 2013
Sold by
Myers Christina Ann
Bought by
Somek Heinz and The Heinz Somek Revocable Trust
Buyer's Agent
Linda Starcher, PA
RE/MAX ALLIANCE GROUP
List Price
$95,000
Sold Price
$72,000
Premium/Discount to List
-$23,000
-24.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$72,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 24, 2012
Sold by
Myers Christina Ann
Bought by
Myers Christina Ann and Frieda C Myers Trust

Purchase Details

Closed on
Aug 23, 2010
Sold by
Myers Frieda C
Bought by
Myers Frieda C and Frieda C Myers Trust

Purchase Details

Closed on
Feb 21, 2006
Sold by
Cummins Bernice E
Bought by
Myers Frieda C

Purchase Details

Closed on
Jan 28, 2002
Sold by
Black Sharon C
Bought by
Cummins Horace R and Cummins Bernice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,100
Interest Rate
7.08%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Somek Heinz -- Attorney
Somek Heinz $72,000 Alliance Group Title Llc
Myers Christina Ann -- Attorney
Myers Frieda C -- Attorney
Myers Frieda C $173,000 Stewart Title Sarasota Inc
Cummins Horace R $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Somek Revocable Trust $10,000
Open Somek Heinz K $79,365
Closed Somek Heinz $72,000
Previous Owner Cummins Horace R $45,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $72,000 -10.0% $78 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
12/06/2012 12/06/12 Price Changed $80,000 -15.8% $87 / Sq Ft
06/14/2012 06/14/12 For Sale $95,000 -- $103 / 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 $1,146 $102,175 -- --
2023 $1,146 $99,199 $0 $0
2022 $1,082 $96,310 $0 $0
2021 $1,025 $93,505 $0 $0
2020 $1,012 $92,214 $0 $0
2019 $954 $90,141 $0 $0
2018 $912 $88,460 $0 $0
2017 $903 $86,641 $0 $0
2016 $905 $92,200 $0 $92,200
2015 $918 $107,400 $0 $107,400
2014 $920 $74,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3961739

Stellar MLS

APN: 0123-06-1017