NOT LISTED FOR SALE

7692 Fairway Woods Dr Unit 1505 Sarasota, FL 34238

Estimated Value: $349,000 - $383,000

2 Beds
2 Baths
1,889 Sq Ft
$510/mo HOA Fee

Last Sold October 23, 2020

Last sale price $229,000 $121 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,722/month

99 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Open Floorplan
  • Riverview High School Rated A
  • 23.91 Acre Lot
  • Living Room with Fireplace

About This Home

As of October 2020

Welcome to this lovely 2nd floor condo in appealing Fairway Woods! This 2/2 has an exceptional view of the lake/fountain water feature with expansive views facing west for beautiful sunsets from the 7X20 enclosed lanai. Watch the colors light up the sky every evening as you gaze the lush landscapes. This condo has high vaulted ceilings, is quite spacious and a split floor plan. The over sized master suite includes walk-in closet, double sinks, separate large spa bathtub and shower. The Livingroom is very open and spacious with lots of windows. The eat-in kitchen is nice and bright and will greet you in the morning. Other great features are the built in wet bar, beautifully upgraded fireplace and 2 car garage. The guest room will host many holidays and this home has a newer A/C system, washer/dryer, refrigerator. Fairway Woods is gated, has a fabulous pool/spa & is located so close to shopping(Costco), dinning, and of course, minutes to Siesta Key Beach! This beautiful unit is priced to sell. Come and see it today! The unit comes with a motorized stair lift.

Last Agent to Sell the Property

Moe Mossa

SAVVY AVENUE, LLC License #3432985 Listed on: 06/07/2020

Last Buyer's Agent

Gene DePoris

COLDWELL BANKER REALTY License #3072281

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,665

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Land Lease expires 7/31/20

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Pond
  • Woods
  • Garden
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,889 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room
  • Living Room with Fireplace
  • Storage Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, sewer, trash
  • Pinnacle Community Association Management Association, Phone Number (941) 444-7090
  • Fairway Woods Community
  • Fairway Woods Subdivision
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,665

Year Built

Built in 1985

Lot Details

0

HOA Fees

$510 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1889
  • Lot Size Acres: 23.91
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 1041374
  • Directions to Property: Heading on Beneva North, turn right on Fairway Woods Dr. Heading on Beneva South, turn left on Fairay Woods Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469055?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469055?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92713
  • Price per Sq Ft: 121.23
  • Close to Original List Price Ratio: 0.8513
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 7692
  • Room Count: 3
  • Additional Rooms: Attic, Family Room, Storage Rooms

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Rain Gutters, Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • View: Garden, Greenbelt, Trees/Woods, Water
  • Waterfront: No
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0226F

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Door Opener, Guest
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Sewer Available, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Carts OK, Pool
  • Association Amenities: Gated, Maintenance, Pool, Spa/Hot Tub
  • Association Fee: 1529
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Community Association Management
  • Phone: 941-444-7090
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6116
  • Monthly HOA Fee: 509.67
  • Total Monthly Fees: 509.67

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0114052047
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Land Lease Expiration Date: 2020-07-31

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 2+ Years
  • Approval Process: Please verify with HOA
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1700
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Please verify with HOA

Tax Info

  • Tax Annual Amount: 2665
  • Tax Book Number: 24-12
  • Tax Lot: 1505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2020
Closed on
Oct 23, 2020
Sold by
Braden Charles and Saekao Apassara
Bought by
Scanlon Nancy Anne
Seller's Agent
Moe Mossa
SAVVY AVENUE, LLC
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$269,000
Sold Price
$229,000
Premium/Discount to List
-$40,000
-14.87%
Current Estimated Value
$366,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,061
Avg. Annual Appreciation
10.42%
Original Mortgage
$206,100
Outstanding Balance
$183,818
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$186,580

Purchase Details

Closed on
Apr 10, 1995
Sold by
Redemske Herbert
Bought by
Redemske Herbert
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
Scanlon Nancy Anne $229,000 Attorney
Redemske Herbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scanlon Nancy Anne $206,100
Previous Owner Redemske Herbert $100,000
Previous Owner Redemske Herbert F $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $229,000 -7.3% $121 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/18/2020 08/18/20 Price Changed $247,000 -0.4% $131 / Sq Ft
08/04/2020 08/04/20 Price Changed $248,000 -0.4% $131 / Sq Ft
07/22/2020 07/22/20 Price Changed $249,000 -3.9% $132 / Sq Ft
06/16/2020 06/16/20 Price Changed $259,000 -3.7% $137 / Sq Ft
06/07/2020 06/07/20 For Sale $269,000 +89.4% $142 / Sq Ft
12/10/2012 12/10/12 Sold $142,000 -11.3% $74 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $160,000 -- $84 / 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 $2,614 $217,234 -- --
2023 $2,614 $210,907 $0 $0
2022 $2,508 $204,764 $0 $0
2021 $2,475 $198,800 $0 $198,800
2020 $2,868 $192,200 $0 $192,200
2019 $2,776 $198,500 $0 $198,500
2018 $2,583 $185,800 $0 $185,800
2017 $2,564 $144,067 $0 $0
2016 $2,531 $186,200 $0 $186,200
2015 $2,501 $182,600 $0 $182,600
2014 $2,058 $98,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4469055

Stellar MLS

APN: 0114-05-2047