NOT LISTED FOR SALE

7720 Palm Aire Ln Sarasota, FL 34243

Estimated Value: $375,000 - $455,000

3 Beds
2 Baths
2,022 Sq Ft
$317/mo HOA Fee

Last Sold July 30, 2020

Last sale price $325,000 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,793/month

10 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake View
  • Vaulted Ceiling
  • On Golf Course
  • Open Floorplan
  • Traditional Architecture

About This Home

As of July 2020

Soak in spectacular sunsets over gorgeous golf course and water views in this completely remodeled villa in desirable Club Villas @ Palm Aire. This is a dreamy sun filled maintenance free home combining the traditional with contemporary elements throughout. The home is blanketed with natural light, high ceilings, plantation shutters and the soft palette of well chosen upgrades makes decorating in your own personal style a breeze. The kitchen has been beautifully remodeled with high end white cabinetry, stone counters, SS appliances, gorgeous backsplash, and a side patio perfect for grilling. The master bath has been completely redesigned and remodeled with special touches and lovely finishes throughout while the guest bath has been handsomely updated. Large neutral tile floors combining both gray and brown hues are set on a diagonal throughout while both bedrooms are carpeted. New sliding glass doors and windows have been installed with impact glass along with an impact rated garage door. In 2020, the HVAC system was replaced with the added feature of ultraviolet light. The villa has also been repiped, custom closets built-ins added, recirculating hot water system added, and is completely move-in ready. Located within walking distance to the optional Palm Aire Country Club offering golf, tennis, pickle ball, and social memberships. Ideally located and so close to downtown Sarasota, SRQ Airport, UTC Mall, and all the amazing social activities Sarasota affords its residents. Low condo fees! Don't miss it!

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 06/16/2020

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Miranda Oswald

KELLER WILLIAMS ON THE WATER License #0394665

KELLER WILLIAMS ON THE WATER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1988

Lot Details

  • 50 Feet of Waterfront
  • Lake Front
  • On Golf Course
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Traditional Architecture
  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Inside Utility
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pest control, pool maintenance, private road
  • Club Villas At Palm Aire Community
  • Club Villas At Palm Aire VII Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,197

Year Built

Built in 1988

Lot Details

0

HOA Fees

$317 per month

Parking

2

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2022
  • New Construction: No
  • Year Built: 1988
  • Directions to Property: University Parkway to north on Whitfield. Left at stop sign/blinking light. Left on Palm Aire Lane. Turn right into Club Villas entrance to address.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469707?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469707?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.98634
  • Price per Sq Ft: 160.73
  • Close to Original List Price Ratio: 0.98634
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 7720
  • Room Count: 8
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Side Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf Carts OK, Pool
  • Association Amenities: Pool
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 950
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 317
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3800
  • Total Monthly Fees: 316.67

Lot Info

  • Zoning: RMF6/WPE
  • Parcel Number: 2051901003
  • Additional Parcels: No
  • Lot Features: On Golf Course
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: 3 Months
  • Approval Process: Please see condo docs.
  • Pet Restrictions: Please see condo docs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenant application and fee required.

Tax Info

  • Tax Annual Amount: 2196.91
  • Tax Book Number: 1187-742
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 30, 2020
Sold by
Masciopinto Louis F and Masciopinto Sara J
Bought by
Stone Donald and Stone Marilyn
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
List Price
$329,500
Sold Price
$325,000
Premium/Discount to List
-$4,500
-1.37%
Current Estimated Value
$408,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,183
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Morgan Robert Edgar
Bought by
Masciopinto Louis F and Masciopinto Sara J

Purchase Details

Closed on
Jan 2, 2002
Sold by
Goodman Milton and Goodman Dorothy N
Bought by
Morgan Robert E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stone Donald $325,000 Sarasota Title Services Inc
Masciopinto Louis F $275,000 Attorney
Morgan Robert E $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $325,000 -1.4% $161 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $329,500 -- $163 / 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 $3,743 $283,353 -- --
2024 $3,743 $275,367 -- --
2023 $3,684 $267,347 $0 $0
2022 $3,580 $259,560 $0 $0
2021 $3,424 $252,000 $0 $252,000
2020 $2,243 $167,948 $0 $0
2019 $2,197 $164,172 $0 $0
2018 $2,166 $161,111 $0 $0
2017 $2,007 $157,797 $0 $0
2016 $1,994 $154,551 $0 $0
2015 $2,018 $153,477 $0 $0
2014 $2,018 $152,259 $0 $0
2013 $1,987 $150,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4469707

Stellar MLS

APN: 20519-0100-3