NOT LISTED FOR SALE

5524 Palm Aire Dr Unit V117 Sarasota, FL 34243

Estimated Value: $299,925 - $349,000

3 Beds
2 Baths
1,630 Sq Ft
0.25 Acres

Last Sold December 02, 2019

Last sale price $210,000 $129 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,067/month

221 Days on Market

Highlights

  • Golf Course Community
  • View of Trees or Woods
  • Attic
  • Fitness Center
  • Florida Architecture
  • Sun or Florida Room

About This Home

As of December 2019

Palm Aire in Sarasota is one of the premier Communities that offers a great Florida lifestyle. This Villa, located in Palm Aire, offers what you need for security and space. Walking or golf cart distance to the Country Club - but not to worry, it is not mandatory to join. 3BR, 2BA and a large Florida room off the back with sliders the length of the house gives sunshine all day with this southern exposure backyard. The roof was done in 2015, water heater 2015, water filtration system for the entire home (HALO) added 2016, hurricane shutters on all openings in 2018 giving maximum coverage and discounts. There is more, AC replaced in 2017, microwave recently replaced, all new closet shelvings done, garbage disposal new in 2018, interior painted in 2013 and the list continues. Nothing really left to do but add your own personal touches, but isn't it nice to know all the major things are done for peace of mind. The combined family room and dining room is open concept for the more popular appeal. Kitchen has a lot of storage, including a cabinet hidden under the breakfast counter. Master bedroom has a sizable walk-in closet and its own bathroom. The garage also has additional storage cabinetry. Enjoy this quiet community's pool just a few steps down the street or walk over to Conservatory Park and take a stroll with nature. This villa offers location with easy access to Sarasota's downtown activities, beaches, Sarasota/Bradenton Airport, UTC Shopping District and more.

Last Agent to Sell the Property

Elizabeth Snyder

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0678494 Listed on: 01/28/2019

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

Shirley Razick

License #0697844

Last Buyer's Agent

Frank Frederick

ASHTON LAKES REALTY INC License #3352526

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,007

Year Built

  • Built in 1977

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Condo Land Included

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,630 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Water Filtration System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pool maintenance, trash
  • Ami/ Pete Messina Association, Phone Number (941) 359-1134
  • Visit Association Website
  • Palm Aire Community
  • Palm Aire At Sarasota 7B Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,007

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1630
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 2194
  • Directions to Property: North on Whitfield from University Parkway (entrance of Palm Aire CC). Left of Palm Aire Drive. Villa is a short drive on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425488&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425488&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 128.83
  • Close to Original List Price Ratio: 0.87866
  • Ratio: Current Price\Building Area Total: 95.72
  • View: Yes
  • Co List Office Mls Id: 281519790
  • Co List Office Phone: 941-364-4000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5524
  • Room Count: 6
  • Additional Rooms: Attic, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Park, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Park, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Pool, Shuffleboard Court
  • Association Name: AMI/ Pete Messina
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1021
  • Condo Fees Term: Quarterly
  • Association Website: amiwra.com
  • Association Email: pmessina@amiwra.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 340
  • Amenities Additional Fees: Membership to Palm Aire County Club available; but not mandatory. Fitness, Golf & Tennis are available with the CC.
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956205908
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Approval Process: Application and fee
  • Num Timesper Year: 2
  • Pet Restrictions: Dog or Cat; cannot weigh more than 20lbs fully grown
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Refer to condo docs.

Tax Info

  • Tax Annual Amount: 1007
  • Tax Lot: V117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2021
Sold by
Palm David W and Palm Susanna W
Bought by
Palm David W and Palm Susanna W
Current Estimated Value
$320,731

Purchase Details

Listed on
Jan 28, 2019
Closed on
Dec 2, 2019
Sold by
Norland Cheryl M
Bought by
Palm David W and Palm Susanna W
Seller's Agent
Elizabeth Snyder
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Frank Frederick
ASHTON LAKES REALTY INC
List Price
$239,000
Sold Price
$210,000
Premium/Discount to List
-$29,000
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$168,000
Outstanding Balance
$148,116
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$172,615

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jun 26, 2012
Sold by
Gurgold Eric
Bought by
Norland Cheryl M
Seller's Agent
Antaeus Balevre
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Shirley Razick
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Aug 4, 2004
Sold by
Gurgold Joan A
Bought by
Gurgold Joan Amy

Purchase Details

Closed on
Mar 3, 1997
Sold by
Rule Jacques and Rule Jacques R
Bought by
Trevens Bruce and Trevens Helene S

Purchase Details

Closed on
Dec 31, 1996
Sold by
Trevens Bruce and Trevens Helene S
Bought by
Gurgold Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage
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
Palm David W -- Accommodation
Palm David W $210,000 Clear Title Group
Norland Cheryl M $130,000 Attorney
Gurgold Joan Amy -- --
Trevens Bruce $120,000 --
Gurgold Joan A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm David W $168,000
Previous Owner Gurgold Joan A $39,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2019 12/02/19 Sold $210,000 0.0% $129 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
09/04/2019 09/04/19 Price Changed $210,000 -4.5% $129 / Sq Ft
06/04/2019 06/04/19 Price Changed $219,900 -4.0% $135 / Sq Ft
03/18/2019 03/18/19 Price Changed $229,000 -4.2% $140 / Sq Ft
01/28/2019 01/28/19 For Sale $239,000 +83.8% $147 / Sq Ft
06/26/2012 06/26/12 Sold $130,000 0.0% $80 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $130,000 -- $80 / 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
2025 $4,409 $263,500 -- $263,500
2024 $4,409 $318,750 -- $318,750
2023 $4,148 $297,500 $0 $297,500
2022 $3,205 $241,500 $0 $241,500
2021 $3,077 $190,000 $0 $190,000
2020 $3,217 $190,000 $0 $190,000
2019 $3,241 $190,000 $0 $190,000
2018 $1,008 $90,161 $0 $0
2017 $924 $88,307 $0 $0
2016 $909 $86,491 $0 $0
2015 $905 $85,890 $0 $0
2014 $905 $85,208 $0 $0
2013 $888 $83,949 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425488

Stellar MLS

APN: 19562-0590-8