NOT LISTED FOR SALE

7050 Fairway Bend Ln Unit 263 Sarasota, FL 34243

Estimated Value: $267,000 - $290,000

3 Beds
2 Baths
1,444 Sq Ft
$355/mo HOA Fee

Last Sold July 31, 2023

Last sale price $300,000 $208 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,149/month

55 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • End Unit
  • Pond View
  • Community Lake
  • Hurricane or Storm Shutters

About This Home

As of July 2023

Price Reduction! Come see, make an offer! The minute you open the front door, this spacious 3 or 2 bedroom with a den, presents a spectacular view of the lake and the 14th hole on Champions Golf Course in Palm Aire. The open floor plan gives way to a large 14x12 screened lanai. Leave the sliding doors open for additional entertaining space. Windows on 3 sides of this end unit allow for plenty of light in all rooms of the condo while a small eating area off the kitchen provides for an intimate breakfast or lunch. The master suite has a large walk in closet, 2 additional closets and loads of sunshine from the north eastern exposure. Membership to the privately owned Palm Aire Country Club is optional and offers 2 champion golf courses. The club also boasts eight Championship Har-Tru tennis courts, pickle ball courts, a junior size Olympic pool and a full athletic club for even the most discriminating athlete. All this and it's just a short drive to downtown Sarasota, world famous beaches, St. Armands Circle and Mote Marine. Great location for easy access to Sarasota Bradenton airport, I-75 and tons of shopping at UTC mall area with superb restaurants including Roccos Tacos, Cheesecake Factory, Capital Grille to name just a few. Sarasota hosts a number of cultural institutes, art galleries and entertainment venues, such as Asolo Theater, Ringling Museum, Van Wezel Performing Arts Hall and Sarasota Classic Car Museum. Welcome to paradise!

Last Agent to Sell the Property

Ruth Hanson

BERKSHIRE HATHAWAY HOMESERVICE License #3189498 Listed on: 05/05/2023

BERKSHIRE HATHAWAY HOMESERVICE

Last Buyer's Agent

Becky Culp

ROSEBAY INTERNATIONAL REALTY, INC License #3100774

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Screened Patio

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, ground maintenance, management
  • Progressive Community Mngmnt Robert Wieibusch Association, Phone Number (941) 921-5393
  • Visit Association Website
  • Palm Aire Community
  • Palm Aire At Sarasota 11 B Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to allowable golf cart usage in the community
  • Community Lake

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,263

Year Built

Built in 1979

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds, Management, Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1444
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1604
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 207.76
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 134.15

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, Open

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Golf Carts OK, Lake, Pool
  • Association Name: Progressive Community Mngmnt-Robert Wieibusch
  • Phone: 941-921-5393
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Breed Restrictions
  • Association Fee Requirement: None
  • Condo Fees: 1065
  • Condo Land Included YN: 0
  • Association Email: rwiebusch@pcmfla.com
  • Monthly Condo Fee Amount: 355
  • Association URL: www.pcmfla.com

Fee Information

  • Total Annual Fees: 4260.00
  • Total Monthly Fees: 355.00

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1920665807
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 1 month minimum, 3 times per year

Tax Info

  • Tax Annual Amount: 3262.65
  • Tax Book Number: 11-97
  • Tax Lot: 263

Multi Family

  • Approval Process: Association approval is required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Marsengill Gary W and Marsengill Lori W
Bought by
Marsengill
Current Estimated Value
$275,934

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 28, 2023
Sold by
Myra Hemingway Revocable Trust
Bought by
Marsengill Lori W and Marsengill Gary W
Seller's Agent
Ruth Hanson
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Becky Culp
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.65%
Original Mortgage
$180,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2022
Closed on
Dec 20, 2022
Sold by
Hemingway Myra
Bought by
Myra Hemingway Revocable Trust
Seller's Agent
Ruth Hanson
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Ruth Hanson
BERKSHIRE HATHAWAY HOMESERVICE
Sold Price
$3,000
Views
21

Purchase Details

Listed on
Dec 18, 2012
Closed on
May 2, 2013
Sold by
Mceachen Weldon and Mceachen Ruth
Bought by
Hemingway Herman and Hemingway Barbara
Seller's Agent
Kirby Wood
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Patrick Doherty
MICHAEL SAUNDERS & COMPANY
List Price
$155,000
Sold Price
$133,000
Premium/Discount to List
-$22,000
-14.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Licht Carl E and Licht Esther U
Bought by
Mceachen Weldon and Mceachen Ruth
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
Marsengill $100 None Listed On Document
Marsengill Lori W $300,000 Champion Title
Myra Hemingway Revocable Trust -- --
Hemingway Herman $133,000 Attorney
Mceachen Weldon $173,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marsengill Lori W $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $300,000 -1.6% $208 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $305,000 -3.2% $211 / Sq Ft
05/25/2023 05/25/23 Price Changed $315,000 -3.1% $218 / Sq Ft
05/05/2023 05/05/23 For Sale $325,000 0.0% $225 / Sq Ft
12/19/2022 12/19/22 Rented $3,000 0.0% --
08/29/2022 08/29/22 Price Changed $3,000 -14.3% $2 / Sq Ft
02/01/2022 02/01/22 For Rent $3,500 0.0% --
05/02/2013 05/02/13 Sold $133,000 -4.9% $92 / Sq Ft View Prior Sale
03/08/2013 03/08/13 Pending -- -- --
02/27/2013 02/27/13 Price Changed $139,900 -3.2% $97 / Sq Ft
02/27/2013 02/27/13 Price Changed $144,500 -6.8% $100 / Sq Ft
12/18/2012 12/18/12 For Sale $155,000 -- $107 / 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 $4,151 $216,750 -- $216,750
2024 $4,151 $263,500 -- $263,500
2023 $3,701 $242,250 $0 $242,250
2022 $3,263 $199,500 $0 $199,500
2021 $2,575 $157,000 $0 $157,000
2020 $2,691 $157,000 $0 $157,000
2019 $2,709 $157,000 $0 $157,000
2018 $2,637 $156,000 $0 $0
2017 $2,306 $142,500 $0 $0
2016 $2,105 $123,400 $0 $0
2015 $1,795 $118,650 $0 $0
2014 $1,795 $100,581 $0 $0
2013 $1,644 $91,164 $1 $91,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4569229

Stellar MLS

APN: 19206-6580-7