NOT LISTED FOR SALE

7622 Preserves Ct Unit 11 Sarasota, FL 34243

Estimated Value: $348,000 - $418,000

2 Beds
2 Baths
1,515 Sq Ft
$247/Sq Ft Est. Value

Last Sold March 07, 2013

Last sale price $169,900 $112 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,487/month

276 Days on Market

Highlights

  • Cathedral Ceiling
  • Community Pool
  • Skylights
  • End Unit
  • Golf Cart Parking
  • 2 Car Attached Garage

About This Home

As of March 2013

Walk thru gated courtyard to this stunning unit. Large eat-in-kitchen, two bedrooms, two baths and an office/study with lots of built-ins. Lanai has spa/hot tub, security system and a built in stereo. Take a look you won't be disappointed. Walk to Palm Aire Country Club with 2 championship courses, 10 tennis courts, fitness center, heated jr. olympic sized pool and a million dollar clubhouse. Membership is not mandatory but is worth looking into the specials that are now going on. Close to shopping, restaurants, parkways, airport and of course our white sandy beaches.

Last Agent to Sell the Property

Mary Peters

License #0587532 Listed on: 05/21/2012

Last Buyer's Agent

Kathy Valente

MICHAEL SAUNDERS & COMPANY License #0523712

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1995

Lot Details

  • 5,184 Sq Ft Lot
  • Property is zoned PD-R/W

HOA Fees

  • $315 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 1,515 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Schools

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

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, ground maintenance, manager, recreational facilities
  • Palm Aire Community
  • Preserves At Palm Aire Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1995

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1515
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2059
  • Lot Size Sq Ft: 5184
  • Directions to Property: University Pkwy north on Whitfield down to blinking light. Turn left villas on left. Make left to end of cul d sac.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3960689&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3960689&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 1921200
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.89894
  • Price per Sq Ft: 112.15
  • Close to Original List Price Ratio: 0.85592
  • Ratio: Current Price\Building Area Total: 82.52
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • 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), Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7622
  • Room Count: 5
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • 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, Golf Cart Parking
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3780
  • Total Monthly Fees: 315

Schools

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

Lot Info

  • Zoning: PD-R/W
  • Parcel Number: 1921200653
  • Additional Parcels: No
  • Millage Rate: 16.82
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Expected Lease Date: 2013-03-07T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 2782
  • Tax Book Number: 0026/0135
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Mar 7, 2013
Sold by
Long Robert E and Long Patricia L
Bought by
Doud De Anna Keel
Seller's Agent
Mary Peters
Buyer's Agent
Kathy Valente
MICHAEL SAUNDERS & COMPANY
List Price
$198,500
Sold Price
$169,900
Premium/Discount to List
-$28,600
-14.41%
Current Estimated Value
$374,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,419
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Lazerow Lou
Bought by
Long Robert E and Long Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1996
Sold by
Preserves At Palm Aire Dev Corp
Bought by
Lazerow Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
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
Doud De Anna Keel $169,900 Barnes Walker Title Inc
Long Robert E -- --
Lazerow Lou $152,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Robert E $127,800
Previous Owner Lazerow Lou $122,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2013 03/07/13 Sold $169,900 -10.1% $112 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/24/2013 01/24/13 Price Changed $189,000 -4.8% $125 / Sq Ft
12/05/2012 12/05/12 For Sale $198,500 +16.8% $131 / Sq Ft
07/27/2012 07/27/12 Off Market $169,900 -- --
05/21/2012 05/21/12 For Sale $198,500 -- $131 / 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 $2,248 $336,386 $30,600 $305,786
2024 $2,248 $179,534 -- --
2023 $2,196 $174,305 $0 $0
2022 $2,191 $169,228 $0 $0
2021 $2,084 $164,299 $0 $0
2020 $2,140 $162,031 $0 $0
2019 $2,096 $158,388 $0 $0
2018 $2,065 $155,435 $0 $0
2017 $1,913 $152,238 $0 $0
2016 $1,899 $149,107 $0 $0
2015 $1,909 $148,071 $0 $0
2014 $1,909 $146,896 $0 $0
2013 $2,742 $158,227 $55,000 $103,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3960689

Stellar MLS

APN: 19212-0065-3