NOT LISTED FOR SALE

5849 Fairwoods Cir Sarasota, FL 34243

Estimated Value: $524,267 - $552,000

3 Beds
2.5 Baths
2,083 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $315,000 $151 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,417/month

49 Days on Market

Highlights

  • Golf Course Community
  • Solar Heated In Ground Pool
  • Cathedral Ceiling
  • Robert Willis Elementary School Rated A-
  • Open Floorplan
  • Spanish Architecture

About This Home

As of May 2018

This well maintained home is situated on a pie shaped, premium preserve lot that offers ultimate privacy. As you enter the home through the front door your eyes will be drawn to the large sliding doors, with transom windows above, to the sparkling pool with spa and beautiful greenery of the preserve beyond. Twelve foot ceilings in the tiled living room and dining room give a great sense of openness & space, as well as lots of natural light. The eat-in kitchen has a small screened private patio, plenty of counter space & cabinets, newer refrigerator, stove, microwave & disposal. The large Master Retreat has en-suite bathroom with dual vanities, tub & separate shower. Move-in ready with freshly painted interior & new carpeting in bedrooms. Third bedroom has a tiled floor and built-in bookcase & desk which could be used as an office or den. New tile roof in 2013 costing almost $27,000. Alarm system & central vacuum. Newer hot water heater. AC replaced 5 years ago. Spacious lanai with outdoor shower & pool bathroom, good sized solar heated pool & spa. Florida friendly landscaping. Maintenance includes yard care, mulching & fertilization, basic cable as well as exterior pest control. Palm Aire also offers golf, tennis & social memberships which are not mandatory. Easy access to the UTC Mall, I-75 & beautiful Sarasota with beaches, restaurants, theaters & cultural events.

Last Agent to Sell the Property

Ian & Julie Cutmore

FINE PROPERTIES License #3024795 Listed on: 02/28/2018

FINE PROPERTIES

Co-Listed By

julie Cutmore

License #3031329

Last Buyer's Agent

Donald McGayhey

KW COASTAL LIVING II License #3199525

KW COASTAL LIVING II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 1993

Lot Details

  • 9,060 Sq Ft Lot
  • Mature Landscaping
  • Irrigation
  • Property is zoned PDR/WPE/

HOA Fees

  • $171 Monthly HOA Fees

Parking

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

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,083 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Whole House Vacuum System
  • Solar Water Heater

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • Outdoor Shower

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Robert E Willis Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High-Efficiency Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, ground maintenance
  • Roberta Maxfield Ami 941 359 1134 Association
  • Fairway Lakes At Palm Aire Community
  • Fairway Lakes At Palm Aire Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Planned Unit Development

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 1993

Lot Details

0

HOA Fees

$171 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2083
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 2922
  • Lot Size Sq Ft: 9060
  • Directions to Property: UNIVERSITY PARKWAY WEST OF I-75 TO WHITFIELD AVE. RIGHT AT LIGHT. FIRST RIGHT AFTER FLASHING LIGHTS TO FAIRWAY LAKES, SECOND RIGHT ONTO FAIRWOODS CIR. HOME IS ON THE LEFT
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211809&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211809&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.95745
  • Price per Sq Ft: 151.22
  • Close to Original List Price Ratio: 0.92647
  • Ratio: Current Price\Building Area Total: 107.8
  • View: No
  • Co List Office Mls Id: 281506053
  • Co List Office Phone: 941-556-0500
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water Owned, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5849
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, In Ground, Solar Heat
  • Exterior Features: Irrigation System, Outdoor Shower, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Gas, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, PUD
  • Association Amenities: Maintenance
  • Association Fee: 514
  • Association Fee Frequency: Quarterly
  • Association Name: ROBERTA MAXFIELD - AMI - 941-359-1134
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2056
  • Monthly HOA Fee: 171.33
  • Total Monthly Fees: 171.33

Schools

  • Elementary School: Robert E Willis Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1920581350
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Water Heater
  • Green Indoor Air Qlty: Whole House Vacuum System
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 2
  • Pet Restrictions: SEE HOA DOCUMENTS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE HOA DOCUMENTS

Tax Info

  • Tax Annual Amount: 2776
  • Tax Book Number: 24-143
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 21, 2018
Sold by
Lerman Albert E and The Albert E Lerman Revocable
Bought by
Nicholas Stephen P and Nicholas Elizabeth
Seller's Agent
Ian & Julie Cutmore
FINE PROPERTIES
Buyer's Agent
Donald McGayhey
KW COASTAL LIVING II
List Price
$340,000
Sold Price
$315,000
Premium/Discount to List
-$25,000
-7.35%
Current Estimated Value
$534,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,317
Avg. Annual Appreciation
7.51%
Original Mortgage
$252,000
Outstanding Balance
$217,445
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$316,872

Purchase Details

Closed on
May 28, 1993
Sold by
Lerman Albert E and Lerman Evelyn
Bought by
Lerman Albert E
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
Nicholas Stephen P $315,000 Attorney
Lerman Albert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas Stephen P $252,000
Previous Owner Lerman Albert E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $315,000 -4.3% $151 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $329,000 -3.2% $158 / Sq Ft
02/27/2018 02/27/18 For Sale $340,000 -- $163 / 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 $4,281 $313,059 -- --
2024 $4,281 $304,236 -- --
2023 $4,210 $295,375 $0 $0
2022 $4,074 $286,772 $0 $0
2021 $3,911 $278,419 $0 $0
2020 $4,027 $274,575 $40,000 $234,575
2019 $3,991 $270,484 $40,000 $230,484
2018 $2,988 $211,764 $0 $0
2017 $2,776 $207,408 $0 $0
2016 $2,758 $203,142 $0 $0
2015 $2,773 $201,730 $0 $0
2014 $2,773 $200,129 $0 $0
2013 $2,731 $197,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4211809

Stellar MLS

APN: 19205-8135-0