NOT LISTED FOR SALE

7820 Palm Aire Ln Unit 101 Sarasota, FL 34243

Estimated Value: $228,000 - $246,000

2 Beds
2 Baths
1,118 Sq Ft
1.02 Acres

Last Sold May 05, 2021

Last sale price $187,000 $167 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,610/month

4 Days on Market

Highlights

  • On Golf Course
  • Oak Trees
  • Clubhouse
  • Fitness Center
  • Open Floorplan
  • Great Room

About This Home

As of May 2021

Savvy investors, this listing is for you! Previously utilized as a VRBO, this villa has a proven cashflow record. Complete with a gorgeous golf course view and updated high-end finishes, renters and vacationers will enjoy their stay whether it's for a weekend or extended period of time. The condo has a fantastic location near University Park, so it's extremely close to shopping, restaurants, and the international airport. Other popular attractions such as Downtown Sarasota favorites and Lido Beach are also just a short driving distance. Schedule a showing today! Previous owners are willing to show their rental rolls. Please contact the listing agent for further details.

Last Agent to Sell the Property

Rachel Woodruff

HOUSE MATCH License #0694194 Listed on: 04/01/2021

Co-Listed By

Abigail Lange

HOUSE MATCH License #3420558

Last Buyer's Agent

Brenda Wilson

FINE PROPERTIES License #3110201

FINE PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,149

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • Northeast Facing Home
  • Mature Landscaping
  • Oak Trees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Additional Features

  • Property is near a golf course
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1920602677
  • Tax Block 1003

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance exterior, ground maintenance, pool maintenance, sewer, trash, water
  • Palm Aire Community
  • No 8C Palm Aire At Sarasota Subdivision
  • Association Approval Required

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,149

Year Built

Built in 1979

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Exterior, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Description: Corner Unit
  • Construction Materials: Block
  • Living Area: 1118.00
  • Lot Size Acres: 1.02
  • Year Built: 1979
  • Building Area Total: 1266.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495952?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495952?w=Customer
  • Lot Size Sq Ft: 44420
  • Building Search Sq Meters: 117.62
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495952?w=PubMLS
  • Directions to Property: From I-75, turn on University W. Turn right onto County Line Rd/Whitfield Ave. Turn left onto Palm Aire D. Turn right onto Palm Aire Ln. Destination will be on the left
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046959
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Great Room
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Living Area Meters: 103.87
  • Street Number Modifier: 7820

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0340E
  • View: Golf Course
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Screened

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Palm-Aire
  • Community Features: Fitness, Golf, Pool, Tennis Courts
  • Pet Restrictions: Verify with COA
  • Building Name Number: 8C
  • Condo Fees: 1154
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 385
  • Association Amenities: Clubhouse, Fitness Center, Golf Course, Pool, Tennis Court(s)
  • Association Approval Required: Yes

Fee Information

  • Total Annual Fees: 4616.00
  • Total Monthly Fees: 384.67

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1920602677
  • Lot Features: Near Golf Course, On Golf Course, Sidewalk, Street Paved
  • Lot Size Square Meters: 4127

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Verify with COA
  • Furnished: Partially
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Verify with COA

Tax Info

  • Tax Annual Amount: 2149.00
  • Tax Block: 1003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 5, 2021
Sold by
Henze Frederick E and Henze Sarajane C
Bought by
Martel Kyle R and Martel Nicole Elizabeth
Seller's Agent
Rachel Woodruff
HOUSE MATCH
Buyer's Agent
Brenda Wilson
FINE PROPERTIES
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%
Total Days on Market
4
Current Estimated Value
$237,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,166
Avg. Annual Appreciation
6.62%
Original Mortgage
$130,900
Outstanding Balance
$119,881
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$123,510

Purchase Details

Closed on
Oct 1, 2007
Sold by
Edwards Jessica and Estate Of Harry D White Jr
Bought by
Henze Frederick E and Henze Sarajane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,775
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2002
Sold by
Martine Clement D
Bought by
Goedde John and Goedde Brenda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.21%

Purchase Details

Closed on
Aug 23, 2001
Sold by
Martin Clement D
Bought by
Martin Clement D
Source: Public Records

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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
Martel Kyle R $187,000 Integrity Title Services Inc
Henze Frederick E $154,600 Attorney
Goedde John $121,000 --
Martin Clement D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martel Kyle R $130,900
Previous Owner Henze Frederick E $119,995
Previous Owner Henze Frederick E $146,775
Previous Owner White Harry D $110,000
Previous Owner Goedde John $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $187,000 +1.1% $167 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $185,000 -- $165 / 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 $3,423 $229,500 -- $229,500
2023 $3,180 $208,250 $0 $208,250
2022 $2,287 $168,000 $0 $168,000
2021 $2,196 $132,000 $0 $132,000
2020 $2,149 $123,000 $0 $123,000
2019 $2,161 $123,000 $0 $123,000
2018 $2,144 $121,000 $0 $0
2017 $2,125 $132,150 $0 $0
2016 $1,924 $112,000 $0 $0
2015 $1,641 $107,850 $0 $0
2014 $1,641 $91,414 $0 $0
2013 $1,503 $82,867 $1 $82,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4495952

Stellar MLS

APN: 19206-0267-7