$102,500
SOLD JAN 17, 2013

7050 Fairway Bend Ln Unit 167 Sarasota, FL 34243

2 Beds
2 Baths
1,118 Sq Ft
$287/mo HOA Fee

Recently Sold

$92 Per Sq Ft

11% Below List Price

80 Days on Market

Highlights

  • Lake Front
  • Access To Lake
  • Deck
  • On Golf Course
  • 8.03 Acre Lot
  • Traditional Architecture

About This Home

As of January 2013

Spectacular Water and Golf Course Views are enjoyed from this spacious ground floor two bedroom and two bath condominium. Neutral décor with tile and updated carpeting makes this lovely home move-in ready. The windows in both bedrooms are insulated and impact resistant while the sliders are insulated. The unit has a newer stove and dishwasher, inside utility room and large breakfast area. The community of Fairway Bend enjoys a good reputation within Palm Aire with reasonable fees, heated community pool, on-site handyman, and close proximity to the optional Palm Aire Country Club. With close proximity to University Parkway, downtown Sarasota, and our white sandy beaches, this special condominium is ideal for seasonal or full-time living.

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 10/15/2012

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Mike Rosario

ROSEBAY INTERNATIONAL REALTY, INC License #3198864

ROSEBAY INTERNATIONAL REALTY, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $894

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • On Golf Course
  • Northeast Facing Home

HOA Fees

  • $287 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,118 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, ground maintenance, sewer, trash, water
  • Palm Aire Community
  • Palm Aire At Sarasota No 11B Co Subdivision
  • Association Owns Recreation Facilities

Recreation

  • Golf Course Community
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$894

Year Built

Built in 1979

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1118
  • Lot Size Acres: 8.03
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1266
  • Lot Size Sq Ft: 349879
  • Directions to Property: University Blvd at Whitfield, north on Whitfield past Palm Aire Golf Course to Fairway Bend Entrance on left, turn right on Fairway Bend Ln and follow to last two-story building on left to property.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3967374&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3967374&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: 1920620
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.8913
  • Price per Sq Ft: 91.68
  • Close to Original List Price Ratio: 0.8913
  • Ratio: Current Price\Building Area Total: 80.96
  • 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: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Window Treatments
  • Street Number Modifier: 7050
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Underground Utilities
  • 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: Association Recreation - Owned, Buyer Approval Required, Golf, Pool
  • Association: No
  • Condo Fees: 860
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 3440
  • Total Monthly Fees: 286.67

Lot Info

  • Zoning: PDR/WP
  • Parcel Number: 1920664305
  • Additional Parcels: No
  • Lot Features: On Golf Course
  • Millage Rate: 16.82
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-01-17T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 894
  • Tax Book Number: 0011/0097
  • Tax Lot: 167

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Donnellan James
Bought by
Jmc Investment Holdings Llc

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 17, 2013
Sold by
Wawro John J
Bought by
Donnellan James
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Mike Rosario
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$115,000
Sold Price
$102,500
Premium/Discount to List
-$12,500
-10.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Bayer May
Bought by
Novak Edward J and Novak Marianne K
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 Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $102,500 Attorney
Warranty Deed $71,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $224,900 -10.0% $201 / Sq Ft
05/21/2025 05/21/25 Price Changed $249,900 -7.1% $224 / Sq Ft
04/30/2025 04/30/25 For Sale $269,000 0.0% $241 / Sq Ft
09/19/2017 09/19/17 Off Market $1,325 -- --
06/21/2017 06/21/17 Rented $1,325 -1.9% --
05/22/2017 05/22/17 Under Contract -- -- --
05/11/2017 05/11/17 For Rent $1,350 0.0% --
01/17/2013 01/17/13 Sold $102,500 -10.9% $92 / Sq Ft
01/04/2013 01/04/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $115,000 0.0% $103 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $115,000 -- $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 $3,188 $193,261 -- --
2024 $3,188 $229,500 -- $229,500
2023 $2,961 $208,250 $0 $208,250
2022 $2,581 $168,000 $0 $168,000
2021 $2,196 $132,000 $0 $132,000
2020 $2,149 $123,000 $0 $123,000
2019 $2,161 $123,000 $0 $123,000
2018 $1,115 $96,729 $0 $0
2017 $1,024 $94,739 $0 $0
2016 $1,010 $92,790 $0 $0
2015 $1,009 $92,145 $0 $0
2014 $1,009 $91,414 $0 $0
2013 $795 $78,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3967374

Stellar MLS

APN: 19206-6430-5