NOT LISTED FOR SALE

7050 Fairway Bend Ln Unit 267 Sarasota, FL 34243

Estimated Value: $231,504 - $248,000

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

Last Sold April 28, 2023

Last sale price $250,000 $224 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,857/month

Highlights

  • Community Lake
  • Community Pool
  • Walk-In Closet
  • Clubhouse
  • Balcony
  • Living Room

About This Home

As of April 2023

This home is located at 7050 Fairway Bend Ln Unit 267, Sarasota, FL 34243 since 28 April 2023 and is currently estimated at $237,876, approximately $212 per square foot. This property was built in 1979. 7050 Fairway Bend Ln Unit 267 is a home located in Manatee County with nearby schools including Kinnan Elementary School, Braden River Middle School, and Braden River High School.

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 04/28/2023

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Julianna Kovacs

FINE PROPERTIES License #3475724

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1979

Lot Details

  • 8.03

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 267
  • Assessor Parcel Number 1920666003

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, insurance, maintenance structure, ground maintenance, maintenance, private road, sewer, trash, water
  • Palm Aire Community
  • Palm Aire At Sarasota 11 B Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

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, Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1118
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1266
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • RATIO Current Price By Calculate: 223.61
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 103.87

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0336F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Golf Carts OK, Lake, No Truck/RV/Motorcycle Parking, Pool
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Condo Fees: 1065
  • Condo Land Included YN: 0
  • Monthly Condo Fee Amount: 355

Fee Information

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1920666003
  • Additional Parcels: No
  • Flood Zone Code: A

Tax Info

  • Tax Annual Amount: 2581
  • Tax Book Number: 11-97
  • Tax Lot: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Apr 28, 2023
Sold by
Reese Family Trust
Bought by
Kovacs Julianna and Besenyei Istvan
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Julianna Kovacs
FINE PROPERTIES
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$237,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,124
Avg. Annual Appreciation
-1.96%
Original Mortgage
$187,500
Outstanding Balance
$182,483
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$55,393

Purchase Details

Closed on
Jan 8, 2019
Sold by
Reese Michael J and Reese Kathy A
Bought by
Reese Michael J and Reese Kathy A

Purchase Details

Closed on
Jan 19, 2017
Sold by
Jacksland Craig S
Bought by
Reese Michael and Reese Kathy

Purchase Details

Closed on
Nov 25, 2002
Sold by
Barry Richard O and Barry Marcia Ann
Bought by
Jacksland Craig S

Purchase Details

Closed on
Aug 9, 1999
Sold by
Cosgrove James E
Bought by
Barry Richard O and Barry Marcia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.7%

Purchase Details

Closed on
Jan 20, 1998
Sold by
Beard Charles and Beard Susan
Bought by
Cosgrove James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
7.19%
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
Kovacs Julianna $250,000 None Listed On Document
Reese Michael J -- Attorney
Reese Michael $110,000 Stewart Title Co
Jacksland Craig S $105,000 --
Barry Richard O $85,000 --
Cosgrove James E $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovacs Julianna $187,500
Previous Owner Barry Richard O $25,000
Previous Owner Cosgrove James E $58,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $250,000 0.0% $224 / Sq Ft
04/28/2023 04/28/23 For Sale $250,000 +20733.3% $224 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
08/08/2018 08/08/18 Rented $1,200 0.0% --
07/13/2018 07/13/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $1,200 -- --
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 $3,063 $195,500 -- $195,500
2024 $3,063 $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 $2,144 $121,000 $0 $0
2017 $2,125 $132,150 $0 $0
2016 $1,924 $112,000 $0 $0
2015 $1,643 $107,850 $0 $0
2014 $1,643 $91,414 $0 $0
2013 $1,507 $82,867 $1 $82,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J960604

Stellar MLS

APN: 19206-6600-3

Florida Manatee County Sarasota 34243

7050 Fairway Bend Ln Unit 267, Sarasota, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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