NOT LISTED FOR SALE

7050 Fairway Bend Ln Unit 265 Sarasota, FL 34243

Estimated Value: $228,000 - $246,000

2 Beds
2 Baths
1,118 Sq Ft
$355/mo HOA Fee

Last Sold March 31, 2023

Last sale price $236,500 $212 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,893/month

1 Day on Market

Highlights

  • On Golf Course
  • Pond View
  • Clubhouse
  • Oak Trees
  • Community Lake
  • Bonus Room

About This Home

As of March 2023

Rarely Available in Palm Aire is this 2 bedroom, 2 bathroom full on water views of the lake and golf course from the main living area as well as the screened lanai area.
Palm Aire is a private member equity-owned club with great facilities and service for members and guests, offering excellent golfing, full driving range, resort style pool, chipping area, pickleball and so much more. You will find this location is close to the bustling area just off Rt 75 / University Parkway... just a short drive to everywhere you want to be.
Shopping, Dining, Movies, Beaches, Golfing and so much more. Head South for a short drive to the thriving downtown area of Sarasota. Commuting from out of State? The expanding Sarasota -Bradenton Airport is just a very short drive away.
This unit has a very nice layout- generous sized rooms with views generally not available in our Sarasota market and certainly not at this price point. Easy to show. Make Palm Aire Unit # 265 your new home away from home today!

Last Agent to Sell the Property

Robert Bevington

SHOWTIME REALTY License #3425816 Listed on: 03/06/2023

Last Buyer's Agent

Matt Cannon

COLDWELL BANKER REALTY License #3044054

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Pond
  • Golf Course

Home Design

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

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Private Mailbox

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, ground maintenance, management, private road, sewer, trash, water
  • Terri Lindsay Association
  • Palm Aire Community
  • Palm Aire At Sarasota 11 B Subdivision
  • The community has rules related to deed restrictions
  • Community Lake

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,581

Year Built

Built in 1979

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Grounds, Management, Pool, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1118
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1118
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Floor Number: 2
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 211.54
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate
  • Living Area Meters: 103.87

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Irrigation System, Private Mailbox, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Additional Water Information: Great view of pond and golf course

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Golf, Lake, Pool, Sidewalks
  • Association Fee: 1065
  • Association Fee Frequency: Quarterly
  • Association Name: Terri Lindsay
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See condo docs for specifics
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Association Email: terri@lindsayleasing.com

Fee Information

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1920665906
  • Additional Parcels: No
  • Lot Features: Landscaped, Level, Near Golf Course, On Golf Course, Sidewalk, Paved
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: see condo docs

Tax Info

  • Tax Annual Amount: 2581.04
  • Tax Book Number: 11-97
  • Tax Lot: 265

Multi Family

  • Approval Process: see condo docs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 23, 2023
Sold by
Ajk Property Rentals Llc
Bought by
Culver Chester J and Culver Mariclare Thinnes
Seller's Agent
Robert Bevington
SHOWTIME REALTY
Buyer's Agent
Matt Cannon
COLDWELL BANKER REALTY
List Price
$249,000
Sold Price
$236,500
Premium/Discount to List
-$12,500
-5.02%
Views
45
Current Estimated Value
$235,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,199
Avg. Annual Appreciation
-0.20%

Purchase Details

Closed on
Mar 11, 2013
Sold by
Kyle Andrew J and Kyle Edith M
Bought by
Ajk Property Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
3.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 7, 1993
Sold by
Mceachen Weldon and Mceachen Ruth
Bought by
Kyle Andrew J and Kyle Edith 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
Culver Chester J $236,500 Clear Title Group
Ajk Property Rentals Llc $93,500 None Available
Kyle Andrew J $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ajk Property Rentals Llc $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $236,500 -5.0% $212 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $249,000 0.0% $223 / Sq Ft
02/22/2018 02/22/18 Rented $1,200 0.0% --
02/14/2018 02/14/18 Under Contract -- -- --
01/29/2018 01/29/18 Price Changed $1,200 -2.0% $1 / Sq Ft
12/11/2017 12/11/17 For Rent $1,225 -- --
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 $3,647 $195,500 -- $195,500
2024 $3,647 $229,500 -- $229,500
2023 $2,961 $208,250 $0 $208,250
2022 $2,287 $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 $2,144 $121,000 $0 $0
2017 $2,128 $132,150 $0 $0
2016 $1,927 $112,000 $0 $0
2015 $1,645 $107,850 $0 $0
2014 $1,645 $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: A4562894

Stellar MLS

APN: 19206-6590-6