NOT LISTED FOR SALE

7081 Fairway Bend Cir Unit 125 Sarasota, FL 34243

Estimated Value: $373,000 - $417,000

3 Beds
2 Baths
2,116 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $320,000 $151 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,675/month

9 Days on Market

Highlights

  • Golf Course Community
  • Sun or Florida Room
  • Wine Refrigerator
  • Open Floorplan
  • Stone Countertops
  • Community Pool

About This Home

As of November 2020

Updated, bright, open floor plan, 2 BED/2 BATH/DEN VILLA with courtyard entry in desirable Fairway Bend in Palm Aire. Fabulously well thought out complete kitchen remodel with extended breakfast island, stainless steel LG appliances, custom cabinets with frosted glass fronts, under mount lighting, subway tile back splash, granite counters, wine fridge, updated lighting, new washer/dryer closet with barn door and large closet pantry. This villa offers an air conditioned Florida room bringing total livable square feet to 2,116. Wonderful sight lines with room to spread out. Luxury vinyl wood look flooring throughout main living areas, new carpet in bedrooms and den, and a freshly painted interior. The split bedroom plan great for guests with a nice size bedroom and a bath just off the front entry. The main bedroom with private bath and 2 closets is tucked away on the other side of the living room with an adjoining large den/office with pocket doors that can be closed off for privacy and also has access to Florida room ... perfect for "work at home" or just another place to unwind. Fairway Bend in Palm Aire Country Club located minutes to UTC Mall, shopping, dining, and the University corridor with all it has to offer. Memberships are available at Palm Aire Country Club, but are not required.

Last Agent to Sell the Property

Deborah Silvestrini

COLDWELL BANKER REALTY License #3163478 Listed on: 09/18/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Carlos Santana

TNG REAL ESTATE License #3326206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,855

Year Built

  • Built in 1979

Lot Details

  • Southwest Facing Home

HOA Fees

  • $367 Monthly HOA Fees

Parking

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

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Den
  • Sun or Florida Room
  • Inside Utility
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 125
  • Assessor Parcel Number 1920661350

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager
  • Progressive Community Management Association, Phone Number (941) 921-5393
  • Palm Aire Community
  • Palm Aire At Sarasota 11A Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed
  • 1 Pet Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,855

Year Built

Built in 1979

Lot Details

0

HOA Fees

$367 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2116
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2556
  • Directions to Property: From University turn North onto Whitfield. Turn left onto Fairway Bend. Turn right onto Fairway Bend Circle. Home is on cul-de-sac.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478387?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478387?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95522
  • Price per Sq Ft: 151.23
  • Close to Original List Price Ratio: 0.95522
  • Ratio: Current Price\Building Area Total: 125.2
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7081
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Florida Room, Inside Utility

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Hurricane Shutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Golf Cart Parking
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • 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, Deed Restrictions, Golf Carts OK, Golf, Pool
  • Association Fee: 1100
  • Association Fee Frequency: Quarterly
  • Association Name: Progressive Community Management
  • Phone: 941-921-5393
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4400
  • Monthly HOA Fee: 366.67
  • Total Monthly Fees: 366.67

Schools

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

Lot Info

  • Zoning: RSF4.5/W
  • Parcel Number: 1920661350
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: A, X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: Application required - $100.00 application fee. Please check with management company to verify
  • Pet Restrictions: 1 dog or 2 cats, no size restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please check with management company to verify minimum lease period

Tax Info

  • Tax Annual Amount: 2855.01
  • Tax Book Number: 11-44
  • Tax Lot: 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 6, 2020
Sold by
Quade Theresa Ann
Bought by
Mansfield Family Living Trust
Seller's Agent
Deborah Silvestrini
COLDWELL BANKER REALTY
Buyer's Agent
Carlos Santana
TNG REAL ESTATE
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Current Estimated Value
$394,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,598
Avg. Annual Appreciation
4.30%
Original Mortgage
$100,000
Outstanding Balance
$88,986
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$305,612

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 16, 2018
Sold by
Blumberg Matthew Yavner
Bought by
Quade Theresa Ann
Seller's Agent
Jennifer LeBlanc
PRECISE REALTY CORP
Buyer's Agent
Jill Thomas
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$225,000
Sold Price
$205,000
Premium/Discount to List
-$20,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Schlain Leonard
Bought by
Schlain Leonard

Purchase Details

Closed on
Jan 10, 2013
Sold by
Schlain Leonard and Schlain Marilyn F
Bought by
Schlain Leonard

Purchase Details

Closed on
Dec 27, 2000
Sold by
Fruend Carol P and Fruend Hubert W
Bought by
Schlain Leonard and Schlain Marilyn F
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
Mansfield Family Living Trust $320,000 New Title Company Name
Quade Theresa Ann $205,000 None Available
Schlain Leonard -- Attorney
Schlain Leonard -- Attorney
Schlain Leonard $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansfield Family Living Trust $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2020 11/06/20 Sold $320,000 -4.5% $151 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $335,000 +63.4% $158 / Sq Ft
08/18/2018 08/18/18 Sold $205,000 -8.9% $117 / Sq Ft View Prior Sale
07/20/2018 07/20/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $225,000 -- $128 / 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 $2,867 $222,551 -- --
2024 $2,867 $216,279 -- --
2023 $2,813 $209,980 $0 $0
2022 $2,711 $203,864 $0 $0
2021 $2,603 $197,926 $0 $0
2020 $2,833 $205,000 $0 $205,000
2019 $2,855 $205,000 $0 $205,000
2018 $1,679 $131,254 $0 $0
2017 $1,551 $128,554 $0 $0
2016 $1,537 $125,910 $0 $0
2015 $1,544 $125,035 $0 $0
2014 $1,544 $124,043 $0 $0
2013 $1,521 $122,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4478387

Stellar MLS

APN: 19206-6135-0