NOT LISTED FOR SALE

5618 Palm Aire Dr Unit V108 Sarasota, FL 34243

Estimated Value: $313,000 - $366,000

3 Beds
2 Baths
1,565 Sq Ft
$330/mo HOA Fee

Last Sold April 03, 2012

Last sale price $137,000 $88 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,299/month

123 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Tennis Courts
  • 3.5 Acre Lot
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of April 2012

Spacious 3 bedroom, 2 bath Villa with lovely peaceful views. 3rd bedroom is a den/bedroom, 7 ceiling fans. Very private and tranquil. Some updates including all new floors, counter tops, appliances, raised-panel doors and much more.Large 24' X 25' glass enclosed Florida room for year round use. Conveniently located to downtown Sarasota, beaches and the Airport. Just minutes from a new mammoth shopping center, restaurants and I-75. Some furniture available under separate negotiations.

Last Agent to Sell the Property

PAM BAKER

LIMBO COMPANY SARASOTA ASSOC License #0441283 Listed on: 10/14/2011

Last Buyer's Agent

Donald Geikie

MICHAEL SAUNDERS & COMPANY License #0519647

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1976

Lot Details

  • 3.5

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,565 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure
  • Palm Aire Community
  • Palm Aire At Sarasota No 7A Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,212

Year Built

Built in 1976

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Other
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1565
  • Lot Size Acres: 3.5
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 1565
  • Lot Size Sq Ft: 152427
  • Directions to Property: North on Whitfield from University Parkway, left on Palm Aire Drive.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3950135&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3950135&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 1956202
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94483
  • Price per Sq Ft: 87.54
  • Close to Original List Price Ratio: 0.94483
  • Ratio: Current Price\Building Area Total: 87.54
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2010
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Window Treatments
  • Street Number Modifier: 5618
  • Room Count: 7
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf, Pool, Tennis Courts
  • Association Amenities: Tennis Court(s)
  • Association Fee: 991
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3964
  • Total Monthly Fees: 330.33

Lot Info

  • Zoning: PDR/WP
  • Parcel Number: 1956205403
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 16.57
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Num Timesper Year: 3
  • Expected Lease Date: 2012-04-03T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1212
  • Tax Book Number: 0007/0018
  • Tax Lot: V-108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2010
Sold by
Gooch Francis J and Gooch Eleanor I
Bought by
Gooch Francis J and Gooch Eleanor I
Current Estimated Value
$331,670

Purchase Details

Closed on
Aug 29, 2008
Sold by
Dw Real Estate V Ltd Co
Bought by
Gooch Francis J and Gooch Eleanor I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2007
Sold by
Durica Wendy
Bought by
Dw Real Estate V Ltd Co

Purchase Details

Closed on
Aug 25, 2004
Sold by
Klein Paul
Bought by
Elson Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Gooch Francis J -- Attorney
Gooch Francis J $152,000 Attorney
Dw Real Estate V Ltd Co $155,000 Attorney
Elson Judith $168,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gooch Francis J $121,600
Previous Owner Elson Judith $158,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2012 04/03/12 Sold $137,000 0.0% $88 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
10/14/2011 10/14/11 For Sale $137,000 -- $88 / 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 $2,536 $293,250 -- $293,250
2024 $2,536 $352,750 -- $352,750
2023 $4,550 $327,250 $0 $327,250
2022 $3,984 $267,750 $0 $267,750
2021 $1,748 $210,000 $0 $210,000
2020 $3,493 $210,000 $0 $210,000
2019 $3,353 $210,000 $0 $210,000
2018 $0 $214,000 $0 $0
2017 $1,506 $170,000 $0 $0
2016 $1,291 $142,600 $0 $0
2015 $2,046 $137,100 $0 $0
2014 $2,046 $116,185 $0 $0
2013 $1,872 $105,323 $1 $105,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3950135

Stellar MLS

APN: 19562-0540-3