NOT LISTED FOR SALE

7751 Pine Trace Dr Sarasota, FL 34243

Estimated Value: $308,000 - $386,000

2 Beds
2 Baths
1,379 Sq Ft
$439/mo HOA Fee

Last Sold October 01, 2018

Last sale price $208,250 $151 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,612/month

59 Days on Market

Highlights

  • Golf Course Community
  • Cathedral Ceiling
  • Garden View
  • Deck
  • Florida Architecture
  • Attic

About This Home

As of October 2018

Fabulous listing in Palm Aire ! A premier Sarasota community. Come to the sunshine and live on vacation every day in this maintenance free, stand alone villa that lives just like a single family home. The owners have carefully renovated the interior with fine upgrades.. all new flooring, thick granite, brand new stainless steel appliances, modern gray paint palette and white cabinets for that crisp & clean look. The villa features a smart floorplan and good use of space.. light and bright inside and has an all around really good feel. The charming courtyard brings some of the outside in and the lanai can be used as a breezy space with the windows open or close them to use as a den or office area. Very private backyard.. this vibrant University Parkway location simply cannot be beat.. moments to the new Whole Foods, UTC mall, Fresh Market, world class medical facilities, amazing dining choices, Benderson park, and so close to downtown Sarasota and the world famous Siesta Key beach. Palm Aire offers many optional choices to join the renovated club as a social member or golf member, large sparkling pool, tennis courts and activities for all. The fees for the villa cover SO many items including the roof (which was brand new a few months ago) insurance on the building, painting of the exterior of the home, cable TV, landscaping and lawncare. Come and take a look today..

Last Agent to Sell the Property

Nancy Eilerson

RE/MAX ALLIANCE GROUP License #3057079 Listed on: 06/19/2018

RE/MAX ALLIANCE GROUP

Co-Listed By

Christine Huxtable

RE/MAX ALLIANCE GROUP License #3076273

Last Buyer's Agent

Terry Hayes

COLDWELL BANKER REALTY License #3054205

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $439 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 1,379 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • L-Shaped Dining Room
  • Inside Utility
  • Laundry in unit
  • Garden Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Exterior Lighting

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager
  • Allure Mgmt Association
  • Pine Trace Condominium Community
  • Pine Trace Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Golf Course Community

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,693

Year Built

Built in 1986

Lot Details

0

HOA Fees

$439 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Siding, Stucco
  • Fireplace: No
  • Living Area: 1379
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 2117
  • Lot Size Sq Ft: 4664
  • Directions to Property: University to Whitfield, Head North to Country Club Way. Make a left on country club way to second left, then left into pine trace.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406352&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406352&cview=true&show_results=true&customer_portal=true
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94702
  • Price per Sq Ft: 151.02
  • Close to Original List Price Ratio: 0.94702
  • Ratio: Current Price\Building Area Total: 98.37
  • View: Yes
  • Co List Office Mls Id: 266509060
  • Co List Office Phone: 941-360-7777
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Dry Bar, Eating Space In Kitchen, High Ceiling(s), L Dining, Living Room/Dining Room Combo, Skylight(s), Solid Surface Counters, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7751
  • Room Count: 7
  • Additional Rooms: Attic, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0340E
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, No Truck/RV/Motorcycle Parking
  • Association Amenities: Maintenance
  • Association Name: Allure Mgmt
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 439
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 439
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5268
  • Total Monthly Fees: 439

Schools

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

Lot Info

  • Zoning: RSF4.5/W
  • Parcel Number: 2051711758
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: No
  • Millage Rate: 15.93
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: See condominium docs.
  • Num Timesper Year: 12
  • Pet Restrictions: Tenants may not have pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants may not have pets.

Tax Info

  • Tax Annual Amount: 2693
  • Tax Book Number: 1070-2676
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Oct 1, 2018
Sold by
Sharrit Norman V and Sharrit Melinda J
Bought by
Schmidt Richard C and Schmidt Patrica G
Seller's Agent
Nancy Eilerson
RE/MAX ALLIANCE GROUP
Buyer's Agent
Terry Hayes
COLDWELL BANKER REALTY
List Price
$219,900
Sold Price
$208,250
Premium/Discount to List
-$11,650
-5.3%
Total Days on Market
59
Current Estimated Value
$348,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,704
Avg. Annual Appreciation
8.03%
Original Mortgage
$133,250
Outstanding Balance
$117,386
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$231,568

Purchase Details

Closed on
May 17, 2002
Sold by
Moon Janet L and Waugh Karen Moon
Bought by
Sharrit Norman V and Sharrit Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2001
Sold by
Moon Janet L
Bought by
Moon Janet L and Waugh Karen Moon
Source: Public Records

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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
Schmidt Richard C $208,300 Barnes Walker Title Inc
Sharrit Norman V $145,000 --
Moon Janet L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Richard C $133,250
Previous Owner Sharrit Norman V $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $208,250 -5.3% $151 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $219,900 0.0% $159 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $219,900 -- $159 / 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 $2,572 $201,383 -- --
2023 $2,518 $195,517 $0 $0
2022 $2,487 $189,822 $0 $0
2021 $2,388 $184,293 $0 $0
2020 $2,412 $178,553 $41,000 $137,553
2019 $2,370 $174,915 $41,000 $133,915
2018 $3,173 $183,997 $55,000 $128,997
2017 $2,806 $169,612 $0 $0
2016 $2,668 $161,033 $0 $0
2015 $2,290 $150,124 $0 $0
2014 $2,290 $133,966 $0 $0
2013 $2,058 $116,619 $32,029 $84,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4406352

Stellar MLS

APN: 20517-1175-8