NOT LISTED FOR SALE

7728 31st St E Sarasota, FL 34243

Estimated Value: $360,000 - $412,000

3 Beds
2 Baths
1,506 Sq Ft
$220/mo HOA Fee

Last Sold June 06, 2023

Last sale price $414,000 $275 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,550/month

5 Days on Market

Highlights

  • 40 Feet of Pond Waterfront
  • Pond View
  • High Ceiling
  • Gated Community
  • Clubhouse
  • Stone Countertops

About This Home

As of June 2023

Welcome to a breathtaking private oasis in Palm Lakes, where affordable luxury living meets serene tranquility. Step into this magnificent three-bedroom lakefront villa home, and you'll be immediately swept away by its captivating charm. From the moment you enter the foyer with its soaring 12-foot ceilings, you'll be embraced by a sense of warmth and comfort that's simply unforgettable. The open design of this home boasts stunning ceramic tile flooring, seamlessly flowing from room to room, and is designed to maximize the stunning lake views. The dining area, great room, and primary bedroom each have a wall of sliding doors that lead directly to the screened lanai, where you can soak up the beauty of the surrounding nature and enjoy the fresh air. The kitchen is adorned with Corian countertops, wood cabinetry, and newer stainless-steel appliances, making it a chef's dream. Palm Lakes is a gated condominium community that masterfully blends a "maintenance-free" environment with the privacy of a single-family home. Adjacent to the home are the clubhouse, pool, and playground, which provide a perfect place to relax and socialize with friends and family. When it's time to step out, downtown Sarasota, Bradenton, SRQ International Airport, marinas/boat clubs, museums & cultural attractions, and the cool sand and warm waters on Anna Maria Island, Longboat Key, Lido Key, and Siesta Key are all just minutes away... making this home is a dream come true for those seeking the ultimate Florida lifestyle!

Last Agent to Sell the Property

Alan Macloughlin

EXP REALTY LLC License #3414645 Listed on: 04/26/2023

EXP REALTY LLC

Co-Listed By

Aggie Bukowy

EXP REALTY LLC License #3478378

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 2005

Lot Details

  • 40 Feet of Pond Waterfront
  • North Facing Home

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, ground maintenance, management
  • Palm Lakes Condo Community
  • Palm Lakes Subdivision
  • The community has rules related to building or community restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,119

Year Built

Built in 2005

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Grounds, Management
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1506
  • Lot Size Acres: 0.05
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2269
  • Lot Size Sq Ft: 2339
  • Directions to Property: From FL HWY 301, turn east on Tallevast, then turn right on 31st Street. Enter the gates and continue straight. The property is the last house on right before the community pool and clubhouse.
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR781322
  • Co List Office Phone: 888-455-6040
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 172132292
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 274.90
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 1
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7728
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 139.91
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Water Frontage Feet Pond: 40

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Gated, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Playground, Pool, Special Community Restrictions
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See attached condo Declaration, Rules & Regulations, or contact property manager for complete pet restrictions
  • Building Name Number: NA
  • Condo Fees: 220
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 220

Fee Information

  • Total Annual Fees: 2640.00
  • Total Monthly Fees: 220.00

Schools

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

Lot Info

  • Zoning: A1
  • Parcel Number: 2029603209
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 217

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See attached condo Declaration, Rules & Regulations, or contact the property manager for complete lease restrictions

Tax Info

  • Tax Annual Amount: 4118.98
  • Tax Book Number: 32-95
  • Tax Lot: 44

Multi Family

  • Waterfront Features: Pond
  • Approval Process: See attached condo Declaration, Rules & Regulations, or contact the property manager for complete lease process

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 6, 2023
Sold by
Abelson Thomas E and Abelson Kathy
Bought by
Rookes Wayne and Soto Keith Raymond
Seller's Agent
Alan Macloughlin
EXP REALTY LLC
Buyer's Agent
Laura Rode
KELLER WILLIAMS ON THE WATER S
List Price
$419,000
Sold Price
$414,000
Premium/Discount to List
-$5,000
-1.19%
Views
103
Current Estimated Value
$384,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,967
Avg. Annual Appreciation
-3.28%

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 15, 2018
Sold by
Youngquist William P and Youngquist Darlynn J
Bought by
Pearsall Kathy and Abeson Thomas E
Seller's Agent
Tom Bangerter
Buyer's Agent
Christopher Weiss
LESLIE WELLS REALTY, INC.
List Price
$267,700
Sold Price
$255,000
Premium/Discount to List
-$12,700
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$125,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Palm Lakes Llc
Bought by
Youngquist William P and Youngquist Darlynn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Rookes Wayne $414,000 None Listed On Document
Pearsall Kathy $255,000 Integrity Title Services Inc
Youngquist William P $252,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearsall Kathy $125,000
Previous Owner Youngquist William P $202,000
Previous Owner Robert Harris Homes In Florida Llc $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $414,000 -1.2% $275 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $419,000 +64.3% $278 / Sq Ft
11/15/2018 11/15/18 Sold $255,000 -4.7% $169 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $267,700 -- $178 / 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 $3,048 $238,315 -- --
2024 $3,048 $231,599 -- --
2023 $4,697 $346,149 $53,550 $292,599
2022 $3,604 $284,920 $33,000 $251,920
2021 $3,460 $218,734 $49,000 $169,734
2020 $3,493 $210,650 $49,000 $161,650
2019 $3,453 $206,425 $49,000 $157,425
2018 $3,111 $192,546 $41,000 $151,546
2017 $2,881 $201,319 $0 $0
2016 $2,519 $158,500 $0 $0
2015 $2,172 $132,000 $0 $0
2014 $2,172 $132,001 $0 $0
2013 $1,906 $108,724 $27,324 $81,400
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Stellar MLS

MLS Number: A4567920

Stellar MLS

APN: 20296-0320-9