NOT LISTED FOR SALE

7688 Fairway Woods Dr Unit 1501 Sarasota, FL 34238

Estimated Value: $373,000 - $421,000

2 Beds
2 Baths
1,749 Sq Ft
$510/mo HOA Fee

Last Sold November 10, 2017

Last sale price $274,000 $157 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,990/month

6 Days on Market

Highlights

  • Lake Waterfront
  • Oak Trees
  • Gated Community
  • Riverview High School Rated A
  • Heated In Ground Pool
  • Deck

About This Home

As of November 2017

Join the luxury condominium community at Fairway Woods, a neighborhood that offers privacy and convenience. Close to shopping and entertainment venues such as Sarasota Square, the new Gulf Gate Library and recreational parks and kayaking trails, this location also has easy access to I-75 and the Gulf beaches. A few years ago, this first-floor residence was completely remodeled including kitchen and baths. This condominium offers hardwood floors, crown molding, wet bar, spacious screen terrace overlooking the lake and wooded setting and a two-car attached garage with storage cabinets. The master bath has double sinks, separate tile shower and a soaking tub. The community offers a heated community pool and spa and clubhouse with spacious outdoor entertaining area. Annual rental is allowed and a pet is welcome.

Last Agent to Sell the Property

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0654389 Listed on: 10/04/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Lee Byron

MICHAEL SAUNDERS & COMPANY License #0600774

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1985

Lot Details

  • Lake Waterfront
  • Lake Front
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Zero Lot Line

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Garden
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,749 Sq Ft Home
  • Dry Bar
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit

Schools

  • Gulf Gate Elementary School
  • Sarasota Middle School
  • Riverview High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, maintenance structure, ground maintenance, management, private road, security
  • Markel Mgmt 941 444 7090 Association
  • Fairway Woods Community
  • Fairway Woods Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,671

Year Built

Built in 1985

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Management, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1749
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2309
  • Directions to Property: From Clark Road go South on Beneva Road. Turn East into Fairway Bay. Go through gate, then turn right to 7688 Fairway Woods Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 156.66
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: End Unit,Corner Unit
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One, Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 7688
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Park/Greenbelt, Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0226F
  • Water Frontage Feet Lake: 1

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Gated, Pool, Special Community Restrictions
  • Association Amenities: Gated, Maintenance, Spa/Hot Tub
  • Association Fee: 1529
  • Association Fee Frequency: Quarterly
  • Association Name: Markel Mgmt 941-444-7090
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: FAIRWAY WOODS
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Monthly HOA Amount: 509.67

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Sarasota Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0114052043
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Street Dead-End, Private, Zero Lot Line
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: 0

Tax Info

  • Tax Annual Amount: 2671
  • Tax Book Number: 24-12
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lake
  • Approval Process: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Nov 6, 2017
Sold by
Teso Amy Kathryn
Bought by
Hall Deborah L and Cecil Rebecca J
Seller's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Lee Byron
MICHAEL SAUNDERS & COMPANY
List Price
$280,000
Sold Price
$274,000
Premium/Discount to List
-$6,000
-2.14%
Current Estimated Value
$406,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,104
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
Aug 23, 2013
Closed on
Feb 28, 2014
Sold by
Jesse Dennis and Jesse Sheri
Bought by
Teso Kathleen P and Kathleen P Teso Revocable Trust
Seller's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Betty Mullinnix
LIMBO COMPANY SARASOTA ASSOC
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%

Purchase Details

Closed on
Jun 18, 2010
Sold by
Miller Brian Y and Miller Geraldine Y
Bought by
Jesse Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,875
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Sold by
Chauvin Berenice M and Chauvin Arthur R
Bought by
Miller Richard L and Miller Geraldine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.98%
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
Hall Deborah L $274,000 Attorney
Teso Kathleen P $275,000 Attorney
Jesse Dennis $190,500 Msc Title Inc
Miller Richard L $156,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Deborah L $200,000
Previous Owner Jesse Dennis $142,875
Previous Owner Miller Richard L $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Off Market $274,000 -- --
11/10/2017 11/10/17 Sold $274,000 -2.1% $157 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $280,000 +1.8% $160 / Sq Ft
02/28/2014 02/28/14 Sold $275,000 -5.2% $157 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $290,000 0.0% $166 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
11/25/2013 11/25/13 Price Changed $290,000 -1.7% $166 / Sq Ft
09/18/2013 09/18/13 For Sale $295,000 0.0% $169 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $295,000 -- $169 / 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
2024 $3,200 $263,267 -- --
2023 $3,200 $255,599 $0 $0
2022 $2,859 $229,999 $0 $0
2021 $2,827 $223,300 $0 $223,300
2020 $3,055 $238,800 $0 $238,800
2019 $3,085 $244,560 $0 $0
2018 $3,010 $240,000 $0 $240,000
2017 $2,658 $208,869 $0 $0
2016 $2,671 $233,300 $0 $233,300
2015 $2,714 $231,300 $0 $231,300
2014 $3,444 $164,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Louis Wery

    Seller's Agent in 2017

    Louis Wery

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 232-3001

    29 Total Sales

    Louis Wery
    Section Image

  • L

    Buyer's Agent in 2017

    Lee Byron

    Michael Saunders

    21 Total Sales

    Lee Byron
    Section Image
  • Susan Keal

    Buyer Co-Listing Agent in 2017

    Susan Keal

    Michael Saunders

    (941) 320-1689

    55 Total Sales

    Susan Keal
    Section Image
  • Michael Moulton

    Seller's Agent in 2014

    Michael Moulton

    Michael Saunders

    (941) 928-3559

    49 Total Sales

    Michael Moulton
    Section Image

  • B

    Buyer's Agent in 2014

    Betty Mullinnix

    LIMBO COMPANY SARASOTA ASSOC

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4197820

Stellar MLS

APN: 0114-05-2043

Florida Sarasota County Sarasota 34238

7688 Fairway Woods Dr Unit 1501, Sarasota, FL

This home is located at 7688 Fairway Woods Dr Unit 1501, Sarasota, FL 34238 since 04 October 2017 and is currently estimated at $406,104, approximately $232 per square foot. This property was built in 1985. 7688 Fairway Woods Dr Unit 1501 is a home located in Sarasota County with nearby schools including Gulf Gate Elementary School, Riverview High School, and Sarasota Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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