NOT LISTED FOR SALE

7101 Fairway Bend Cir Sarasota, FL 34243

Estimated Value: $355,042 - $427,000

3 Beds
2 Baths
1,756 Sq Ft
$450/mo HOA Fee

Last Sold July 28, 2022

Last sale price $487,500 $278 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,711/month

1 Day on Market

Highlights

  • Golf Course Community
  • 20 Acre Lot
  • Florida Architecture
  • View of Trees or Woods
  • Open Floorplan
  • Golf Cart Garage

About This Home

As of July 2022

Be prepared to be impressed with this FULLY RENOVATED MAINTENANCE-FREE VILLA located in the highly desirable community Fairway Bend in Palm-Aire. From the moment you enter you will be captivated by the attention to detail in this lovely 3 bedroom, 2 bathroom home updated in 2019. The reconfigured chef’s kitchen features shaker cabinets, Brazilian granite counter tops, S/S appliances, under cabinet lighting, subway tile backsplash, and prep-island with breakfast bar. You are sure to delight in entertaining in the open-concept Great and Dining Rooms. The under air Florida Room expands the living space and is highlighted by a wall of sliders. The large Owner’s Suite features two closets, a walk-in shower with frameless glass shower door, vanity with stone top, and all new plumbing fixtures. Plenty of space for family and friends to visit with two spacious guest rooms. Additional home features include luxury plank vinyl flooring throughout, recessed lighting, crown molding, interior laundry, two car garage, paver brick walk way and front lanai. Have peace of mind with newer water heater (2019), and BRAND NEW ROOF (2022). No CDD fees and low HOA’s. This villa is just a short golf cart drive to the optional and private Palm Aire Country Club offering two 18-hole golf courses, tennis, pickle ball, fitness center, restaurant and social memberships. Centrally located just north of University Parkway in Sarasota, you'll enjoy close proximity to shopping, restaurants, top rated medical facilities, SRQ Airport, and pristine gulf beaches.

Last Agent to Sell the Property

Bruce Hearon

COLDWELL BANKER REALTY License #3338214 Listed on: 07/01/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Pamela Pileggi

PREFERRED SHORE LLC License #0657362

PREFERRED SHORE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $450 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Bungalow
  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,756 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Reclaimed Water Irrigation System
  • Exterior Lighting
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, pool maintenance, recreational facilities
  • Progressive Community Management Inc. Association
  • Visit Association Website
  • Palm Aire Community
  • Palm Aire At Sarasota 11 A Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions
  • Medium pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,381

Year Built

Built in 1979

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Bungalow, Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1756
  • Lot Size Acres: 20
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2556
  • Lot Size Sq Ft: 870217
  • Directions to Property: I75 West along University to Whitfield Ave. turn right to Fairway Bend Drive turn left to Fairway Bend Circle turn left. First villa on left side corner lot.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540308?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540308?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 1.06209
  • Price per Sq Ft: 277.62
  • Close to Original List Price Ratio: 1.06209
  • Ratio: Current Price\Building Area Total: 190.73
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Drapes, Shades, Window Treatments
  • Street Number Modifier: 7101
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0336F
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Recycled, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf Carts OK, Golf
  • Association Amenities: Cable TV, Golf Course, Maintenance
  • Association Name: Progressive Community Management Inc.
  • Association: No
  • Senior Community: No
  • Condo Fees: 1350
  • Management: Full Time
  • Condo Fees Term: Quarterly
  • Association Website: pcmfla.com
  • Monthly Condo Fee Amount: 450
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5400
  • Total Monthly Fees: 450

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: 1920661657
  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Golf Course
  • Flood Zone Code: A
  • Flood Zone Date: 2021-08-10

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Size Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: See Rules & Regs
  • Num Timesper Year: 12
  • Pet Restrictions: See Rules & Regs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules & Regs

Tax Info

  • Tax Annual Amount: 3381
  • Tax Book Number: 11-44
  • Tax Lot: 131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2023
Sold by
Bailey David and Bailey Joy
Bought by
Sanders Richard
Current Estimated Value
$373,511

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 28, 2022
Sold by
Price David J and Price Gayla
Bought by
Bailey David and Bailey Joy
Seller's Agent
Bruce Hearon
COLDWELL BANKER REALTY
Buyer's Agent
Pamela Pileggi
PREFERRED SHORE LLC
List Price
$459,000
Sold Price
$487,500
Premium/Discount to List
$28,500
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.85%

Purchase Details

Listed on
Jun 12, 2019
Closed on
Oct 25, 2019
Sold by
Bumbaca Riccardo and Bumbaca Maddalena
Bought by
Price David J and Price Gayla
Seller's Agent
Rick Bumbaca
AZZURRO REALTY
Buyer's Agent
Michelle Hearon
COLDWELL BANKER REALTY
List Price
$319,000
Sold Price
$280,000
Premium/Discount to List
-$39,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.25%

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 25, 2019
Sold by
Bank Of America Na
Bought by
Bumbaca Riccardo and Bumbaca Maddalena
Seller's Agent
Lauren Fus
EXIT KING REALTY
Buyer's Agent
Mickey Schweitzer
MS REALTY MICKEY SCHWEITZER & ASSOCIATES LLC
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.88%

Purchase Details

Closed on
Nov 8, 2018
Sold by
Granderson Lillian B
Bought by
Bank Of America

Purchase Details

Closed on
May 21, 2018
Sold by
Ingram Cicey and Heathington Eileen
Bought by
Lillian B Grandersopn Eel Realty Trust

Purchase Details

Closed on
Nov 15, 2005
Sold by
Granderson Lillian B
Bought by
Granderson Lillian B

Purchase Details

Closed on
Jan 8, 2004
Sold by
Evans Thelma Z
Bought by
Granderson Lillian B

Purchase Details

Closed on
Mar 2, 2000
Sold by
Horwitz Irwin D
Bought by
Evans Thelma Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1998
Sold by
Horwitz Irwin D and Horwitz Isabel M
Bought by
Horwitz Irwin D
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
Sanders Richard $489,860 --
Bailey David $487,500 Stewart Title
Price David J $280,000 Attorney
Bumbaca Riccardo $200,000 First International Ttl Inc
Bank Of America $243,700 Attorney
Lillian B Grandersopn Eel Realty Trust -- Attorney
Granderson Lillian B -- --
Granderson Lillian B $180,000 --
Evans Thelma Z $137,500 --
Horwitz Irwin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granderson Lillian B $70,000
Previous Owner Evans Thelma Z $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $487,500 +6.2% $278 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $459,000 +63.9% $261 / Sq Ft
10/25/2019 10/25/19 Sold $280,000 -7.3% $132 / Sq Ft View Prior Sale
10/16/2019 10/16/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $302,000 -0.7% $143 / Sq Ft
09/19/2019 09/19/19 Price Changed $304,000 -1.0% $144 / Sq Ft
09/12/2019 09/12/19 Price Changed $307,000 -0.6% $145 / Sq Ft
08/08/2019 08/08/19 Price Changed $309,000 -0.8% $146 / Sq Ft
07/25/2019 07/25/19 Price Changed $311,500 -0.8% $147 / Sq Ft
07/11/2019 07/11/19 Price Changed $314,000 -1.6% $148 / Sq Ft
06/12/2019 06/12/19 For Sale $319,000 +59.5% $151 / Sq Ft
03/25/2019 03/25/19 Sold $200,000 -2.4% $114 / Sq Ft View Prior Sale
03/06/2019 03/06/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $205,000 -- $117 / 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 $3,625 $275,143 -- --
2024 $3,625 $267,389 -- --
2023 $5,190 $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 $2,422 $177,249 $0 $0
2017 $2,246 $173,603 $0 $0
2016 $2,232 $170,032 $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: A4540308

Stellar MLS

APN: 19206-6165-7