NOT LISTED FOR SALE

5611 Palm Aire Dr Unit V116 Sarasota, FL 34243

Estimated Value: $320,000 - $385,000

3 Beds
2 Baths
1,798 Sq Ft
$319/mo HOA Fee

Last Sold September 06, 2017

Last sale price $253,500 $141 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,376/month

140 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Open Floorplan
  • Gunite Pool
  • 10 Acre Lot
  • Deck

About This Home

As of September 2017

Picturesque and Sweeping FAIRWAYS and WATER VIEWS of the Palm-Aire Champion Golf Course. Great floor plan with spacious rooms. This 2-3 Bedroom Villa feels like a single family home and features an over-sized 30x12 Glass-Enclosed Florida Room for year round living. UPDATED KITCHEN and BATHROOMS, Wood laminate flooring, hurricane shutters and NEWER ROOF. TURNKEY FURNISHED. Minutes to University Parkway Corridor with its shopping and dining. Appx 15 minutes to Downtown Sarasota and beyond to beaches. Ideal for year round or seasonal living. Don't miss this one!

Last Agent to Sell the Property

Wendy Ross, PA

COLDWELL BANKER REALTY License #0646677 Listed on: 03/07/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Wendy Ross, PA

COLDWELL BANKER REALTY License #0646677 Listed on: 03/07/2017

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • Zero Lot Line

HOA Fees

  • $319 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Pond
  • Golf Course

Home Design

  • Florida Architecture
  • Villa
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,798 Sq Ft Home
  • Open Floorplan
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Gunite Pool
  • Deck
  • Covered Patio or Porch

Schools

  • Kinnan Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, maintenance structure, ground maintenance, recreational facilities
  • Palm Aire Community
  • Palm Aire At Sarasota 7B Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,661

Year Built

Built in 1977

Lot Details

0

HOA Fees

$319 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1798
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 2610
  • Directions to Property: University to Whitfield Road to left on Palm Aire Drive - home is on right #5611
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 140.99
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Oven, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5611
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Room Count: 7

Exterior Features

  • Pool Features: Gunite
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17T00:00:00.000
  • Flood Zone Panel: 12081C0340E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Maintenance
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Per Assoc
  • Association Fee Requirement: None
  • Condo Fees: 956
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 319
  • Pet Size: Small (16-35 Lbs.)

Schools

  • Elementary School: Kinnan Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956205858
  • Additional Parcels: No
  • Lot Features: In County, Paved, Zero Lot Line
  • Flood Zone Code: X
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per Association

Tax Info

  • Tax Annual Amount: 1661
  • Tax Lot: 00

Multi Family

  • Approval Process: Application and Interview. Tenants may not have pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Fisher Brenda S
Bought by
Brenda S Fisher Trust
Current Estimated Value
$345,842

Purchase Details

Listed on
Mar 7, 2017
Closed on
Sep 6, 2017
Sold by
Barker Michael J
Bought by
Fisher Brenda
Seller's Agent
Wendy Ross, PA
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Ross, PA
COLDWELL BANKER REALTY
List Price
$259,900
Sold Price
$253,500
Premium/Discount to List
-$6,400
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$202,960
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2013
Closed on
Oct 31, 2013
Sold by
Carlin Christine M
Bought by
Witten Daniel K and Witten Robin S
Seller's Agent
Wendy Ross, PA
COLDWELL BANKER REALTY
Buyer's Agent
Wendy Ross, PA
COLDWELL BANKER REALTY
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Carlin Elizabeth M
Bought by
Carlin Christine M

Purchase Details

Closed on
Feb 28, 2011
Sold by
Jacobs Howard and Jacobs Rhoda F
Bought by
Carlin Christine M and Carlin Elizabeth M
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
Brenda S Fisher Trust $100 None Listed On Document
Fisher Brenda $96,000 Alliance Group Title Llc
Barker Michael J $253,700 Alliance Group Title Llc
Witten Daniel K $180,000 Properties Title Llc
Carlin Christine M -- Attorney
Carlin Christine M $151,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker Michael J $202,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Off Market $253,500 -- --
09/06/2017 09/06/17 Sold $253,500 -2.5% $141 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $259,900 +2.5% $145 / Sq Ft
05/09/2017 05/09/17 Off Market $253,500 -- --
03/07/2017 03/07/17 For Sale $279,900 +55.5% $156 / Sq Ft
11/01/2013 11/01/13 Sold $180,000 -2.7% $100 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $185,000 -- $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
2025 $2,678 $209,441 -- --
2024 $2,678 $203,538 -- --
2023 $2,626 $197,610 $0 $0
2022 $2,544 $191,854 $0 $0
2021 $2,426 $186,266 $0 $0
2020 $2,494 $183,694 $0 $0
2019 $2,445 $179,564 $0 $0
2018 $2,413 $176,216 $0 $0
2017 $3,392 $207,200 $0 $0
2016 $1,661 $133,708 $0 $0
2015 $1,668 $132,779 $0 $0
2014 $1,668 $131,725 $0 $0
2013 $1,495 $120,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4180135

Stellar MLS

APN: 19562-0585-8