NOT LISTED FOR SALE

7086 Fairway Bend Cir Unit V122 Sarasota, FL 34243

Estimated Value: $340,773 - $374,000

2 Beds
2 Baths
2,068 Sq Ft
$327/mo HOA Fee

Last Sold April 29, 2014

Last sale price $179,000 $87 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,608/month

137 Days on Market

Highlights

  • Golf Course Community
  • Garden View
  • Community Pool
  • Deck
  • Mature Landscaping
  • Covered Patio or Porch

About This Home

As of April 2014

If a spacious maintenance free villa in a peaceful setting is what you're looking for, look no further. The paver brick courtyard creates an inviting entrance to the tiled Great Room that flows into the Florida Room. Over 2000sf under air which is plenty of room for entertaining. The well designed split floorplan has an abundance of closet space, cabinets in both the interior and garage for those extra storage needs. Originally, what was planned to be a 3rd bedroom is a den with double pocket doors connecting to the Master Bedroom Suite. The Fairway Bend neighborhood has it's own community pool and shuffleboard courts nearby this home. Palm Aire is an active Country Club community. Membership is not mandatory but several different plans are offered for varied interests. The central location is convenient to shopping centers, restaurants, theaters, cultural events and beaches. Come and see it for yourself. Being sold As Is With Right to Inspect.

Last Agent to Sell the Property

Cheryl Sawyer

License #3023812 Listed on: 10/21/2013

Last Buyer's Agent

Beverly Rabalais

License #0366211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1979

Lot Details

  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $327 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

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

Interior Spaces

  • 2,068 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Inside Utility
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, recreational facilities
  • Progressive Community Management Association
  • Palm Aire Community
  • Palm Aire At Sarasota No 11A Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,513

Year Built

Built in 1979

Lot Details

0

HOA Fees

$327 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2068
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2556
  • Lot Size Sq Ft: 313
  • Directions to Property: I 75 exit 213 (University Pkwy) west to Whitfield Ave (Palm Aire Entrance), north to Fair Bend. Turn left into Fairway Bend, turn right at Fairway Bend Circle to the cul de sac.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5841167&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5841167&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1920619
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94459
  • Price per Sq Ft: 86.56
  • Close to Original List Price Ratio: 0.8995
  • Ratio: Current Price\Building Area Total: 70.03
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7086
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, Pool
  • Association Amenities: Maintenance
  • Association Fee: 327
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Community Management
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3924
  • Monthly HOA Fee: 327
  • Total Monthly Fees: 327

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 1920661202
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 16.49
  • Flood Zone Code: X
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: no restriction
  • Expected Lease Date: 2014-04-29T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1513
  • Tax Book Number: 0011/0044
  • Tax Lot: V-122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Apr 30, 2014
Sold by
Summerlin Linda K
Bought by
Romei Steven C
Seller's Agent
Cheryl Sawyer
Buyer's Agent
Beverly Rabalais
List Price
$189,500
Sold Price
$179,000
Premium/Discount to List
-$10,500
-5.54%
Current Estimated Value
$357,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,943
Avg. Annual Appreciation
6.21%
Original Mortgage
$134,250
Outstanding Balance
$100,049
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$257,894

Purchase Details

Closed on
Mar 28, 2013
Sold by
Ray Leola Marie
Bought by
Ray Leola Marie

Purchase Details

Closed on
Feb 15, 2005
Sold by
Freeman Jules and Freeman Geraldine R
Bought by
Ray Robert E and Ray Leloa Marie
Source: Public Records

Range of Values:

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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
Romei Steven C $179,000 Attorney
Ray Leola Marie -- Attorney
Ray Robert E $260,000 Professional Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romei Steven C $134,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $179,000 -5.5% $87 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $189,500 0.0% $92 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
11/25/2013 11/25/13 Price Changed $189,500 -4.8% $92 / Sq Ft
10/21/2013 10/21/13 For Sale $199,000 -- $96 / 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 $3,521 $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 $2,493 $168,850 $0 $0
2014 $2,493 $143,120 $0 $0
2013 $1,513 $122,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5841167

Stellar MLS

APN: 19206-6120-2