NOT LISTED FOR SALE

7081 Fairway Bend Ln Unit V113 Sarasota, FL 34243

Estimated Value: $328,602 - $358,000

3 Beds
2 Baths
1,756 Sq Ft
$327/mo HOA Fee

Last Sold November 26, 2014

Last sale price $193,500 $110 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,545/month

38 Days on Market

Highlights

  • Heated Pool
  • 10 Acre Lot
  • Bamboo Flooring
  • View of Trees or Woods
  • Open Floorplan
  • Attic

About This Home

As of November 2014

Agent is the tenant, Docs Available, No Sign, Sold As Is with right to inspect. Appliances are all in good working order but not warranted by seller. Unattached cupboards in garage do not convey, may possibly be purchased separately. When showing, please do not let the cat out. In addition to the 1756 Sq. Ft. the 11x29 family room/lanai is also under air therefore adds to the total square footage under air. All ceiling fans (8 total) are on remote, with the exception of the (2) in the lanai.

Last Buyer's Agent

Larry Zeigler

MICHAEL SAUNDERS & COMPANY License #0695783

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,278

Year Built

  • Built in 1979

Lot Details

  • Street terminates at a dead end
  • Zero Lot Line

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,756 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Inside Utility
  • Views of Woods
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Heated Pool
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Palm Aire Community
  • Palm Aire At Sarasota 11A Subdivision

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,278

Year Built

Built in 1979

Lot Details

0

HOA Fees

$327 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1756
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2996
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 1
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 110.19
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: End Unit,Corner Unit
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Microwave Hood, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Florida Room,Inside Utility

Exterior Features

  • Pool Features: Heated
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 980
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Pet Restrictions: yes
  • Association Fee Requirement: Required
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Monthly HOA Amount: 326.67

Lot Info

  • Zoning: RSF4.5/WP
  • Parcel Number: 1920660758
  • Additional Parcels: No
  • Lot Features: Street Dead-End, Paved, Zero Lot Line

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2278
  • Tax Book Number: 11-44
  • Tax Lot: V-113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2014
Closed on
Nov 26, 2014
Sold by
Vernon Steven M
Bought by
Sawyer Jeffrey N and Sawyer Mary Anne F
Buyer's Agent
Larry Zeigler
MICHAEL SAUNDERS & COMPANY
List Price
$224,900
Sold Price
$193,500
Premium/Discount to List
-$31,400
-13.96%
Current Estimated Value
$345,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,401
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Vernon Steven M
Bought by
Vernon Steven M

Purchase Details

Closed on
Apr 6, 2005
Sold by
Damico Sharon
Bought by
Vernon Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2004
Sold by
Drechsel Ruth H
Bought by
Damico Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.75%
Mortgage Type
New Conventional
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
Sawyer Jeffrey N $193,500 Attorney
Vernon Steven M -- Attorney
Vernon Steven M $250,000 Msc Title Inc
Damico Sharon $185,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vernon Steven M $200,000
Previous Owner Damico Sharon $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $193,500 -- --
11/26/2014 11/26/14 Sold $193,500 -14.0% $110 / Sq Ft
10/11/2014 10/11/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $224,900 -- $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 $4,850 $293,250 -- $293,250
2024 $4,850 $352,750 -- $352,750
2023 $4,550 $327,250 $0 $327,250
2022 $3,984 $267,750 $0 $267,750
2021 $3,381 $210,000 $0 $210,000
2020 $3,456 $205,000 $0 $205,000
2019 $3,483 $205,000 $0 $205,000
2018 $3,581 $209,000 $0 $0
2017 $3,266 $207,200 $0 $0
2016 $2,952 $175,600 $0 $0
2015 $2,490 $168,850 $0 $0
2014 $2,490 $143,120 $0 $0
2013 $2,278 $129,780 $1 $129,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4103662

Stellar MLS

APN: 19206-6075-8