NOT LISTED FOR SALE

7611 Preserves Ct Unit 5 Sarasota, FL 34243

Estimated Value: $351,000 - $376,000

2 Beds
2 Baths
1,515 Sq Ft
$350/mo HOA Fee

Last Sold November 15, 2013

Last sale price $150,000 $99 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,694/month

2 Days on Market

Highlights

  • Golf Course Community
  • Cathedral Ceiling
  • Community Pool
  • Open Floorplan
  • End Unit
  • Eat-In Kitchen

About This Home

As of November 2013

Active with Contract. Excellent value in the Preserves @ Palm Aire, this two bedrooms plus den, two bath, two car garage villa offers a spacious front courtyard and large caged rear lanai with in-ground spa. The unit is freshly painted on the interior and is ready for your decorating touches. Within walking distance is the optional Palm Aire Country Club offering golf, tennis, and social memberships. The bustling University Parkway Corridor is just minutes away and features a wide selection of dining andshopping venues. You'll love living west of I-75 so that downtown Sarasota and our white sandy beaches are a short drive.

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 10/23/2013

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Carol White

SUNSET REALTY License #3014399

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1997

Lot Details

  • End Unit
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking

Home Design

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

Interior Spaces

  • 1,515 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • Progressive Community Association
  • Preserves At Palm Aire Community
  • Preserves At Palm Aire Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,782

Year Built

Built in 1997

Lot Details

0

HOA Fees

$350 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1515
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2059
  • Lot Size Sq Ft: 3659
  • Directions to Property: University Parkway to North on Whitfield, Left @ Blinking Light @ Country Club Way, Immediate left into the Preserves to Address
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3986488&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3986488&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1921200
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.93809
  • Price per Sq Ft: 99.01
  • Close to Original List Price Ratio: 0.93809
  • Ratio: Current Price\Building Area Total: 72.85
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 7611
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • 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, Pool
  • Association Name: Progressive Community
  • Association: No
  • Senior Community: No
  • Condo Fees: 350
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 350
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 4200
  • Total Monthly Fees: 350

Lot Info

  • Zoning: PD-R/W
  • Parcel Number: 1921200356
  • Additional Parcels: No
  • Lot Features: Other, Zero Lot Line
  • Millage Rate: 16.49
  • Flood Zone Code: X
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: Cumulative up to 50 lbs - for one or both cat and/or dog
  • Expected Lease Date: 2013-11-15T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1782
  • Tax Book Number: 0026/0135
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
Nov 13, 2013
Sold by
Rokos Georgeanna
Bought by
Allman Paulia J and Hannah Angela S
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Carol White
SUNSET REALTY
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$367,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,033
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
May 31, 2005
Sold by
Hill Bessie R
Bought by
Hill Bessie R and Rokos Georgeanna

Purchase Details

Closed on
Sep 19, 1996
Sold by
Preserves Palm Aire Dev Corp
Bought by
Hill Bessie R
Source: Public Records

Range of Values:

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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
Allman Paulia J $150,000 Attorney
Hill Bessie R -- --
Hill Bessie R $27,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $150,000 -6.2% $99 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $159,900 -- $106 / 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 $4,783 $305,545 -- --
2024 $4,783 $344,414 $25,500 $318,914
2023 $4,633 $342,251 $25,500 $316,751
2022 $4,146 $294,569 $25,000 $269,569
2021 $3,361 $208,691 $25,000 $183,691
2020 $3,297 $195,031 $25,000 $170,031
2019 $3,251 $190,657 $25,000 $165,657
2018 $3,317 $192,785 $30,000 $162,785
2017 $2,997 $188,050 $0 $0
2016 $2,825 $175,900 $0 $0
2015 $2,329 $149,100 $0 $0
2014 $2,329 $133,246 $0 $0
2013 $1,819 $141,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3986488

Stellar MLS

APN: 19212-0035-6