NOT LISTED FOR SALE

7860 Palm Aire Ln Unit 101 Sarasota, FL 34243

Estimated Value: $256,000 - $306,000

3 Beds
2 Baths
1,444 Sq Ft
$297/mo HOA Fee

Last Sold October 27, 2021

Last sale price $225,000 $156 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,206/month

7 Days on Market

Highlights

  • Golf Course View
  • Covered patio or porch
  • Electric Vehicle Home Charger
  • Community Pool
  • Eat-In Kitchen
  • Laundry closet

About This Home

As of October 2021

Spacious condo lives like a single-family home. Light and bright, this is a first-floor end unit. Looking westward across the stream, you’ll enjoy a golf course view and sometimes (often) Sandhill Cranes. Built in 1980, this unit has been ‘beloved’ by only two owners. The third bedroom features pocket doors and is currently used as a den. Do you drive an EV? The assigned parking space has charging outlet. The HVAC system was replaced in 2019. Kitchen appliances, too. Membership in the Palm Aire Country Club is optional. This condominium is perhaps ideal for your year ‘round residence or vacation home. Schedule an appointment today.

Last Agent to Sell the Property

Linda Thompson

MICHAEL SAUNDERS & COMPANY License #3056541 Listed on: 09/16/2021

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Linda Thompson

MICHAEL SAUNDERS & COMPANY License #3056541 Listed on: 09/16/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1980

Lot Details

  • 1.17

HOA Fees

  • $297 Monthly HOA Fees

Property Views

  • Golf Course
  • Creek or Stream

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Electric Vehicle Home Charger
  • Assigned Parking

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered patio or porch
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, ground maintenance, manager, pest control, sewer, water
  • Advanced Management Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 8 B Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,678

Year Built

Built in 1980

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pest Control, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1444
  • Lot Size Acres: 1.17
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1604
  • Lot Size Sq Ft: 50881
  • Directions to Property: Whitfield Ave., west on Palm Aire Drive, north on Palm Aire Lane, ahead on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512562?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512562?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.90726
  • Price per Sq Ft: 155.82
  • Close to Original List Price Ratio: 0.90726
  • Ratio: Current Price\Building Area Total: 140.27
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 7860
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Water View: Creek
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Electric Vehicle Charging Station(s), Guest
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: Advanced Management
  • Phone: 941-359-1134
  • Association: No
  • Senior Community: No
  • Condo Fees: 890
  • Condo Fees Term: Quarterly
  • Association Email: info@amiwra.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 297
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3560
  • Total Monthly Fees: 296.67

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956207409
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Approval Process: Contact listing agent.
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease is 1 month, 12 times per year.

Tax Info

  • Tax Annual Amount: 2677.76
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 27, 2021
Sold by
Fogarty Richard Joseph and Fogarty Janet
Bought by
Devney James K and Devney Rosemary P
Seller's Agent
Linda Thompson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Linda Thompson
MICHAEL SAUNDERS & COMPANY
List Price
$248,000
Sold Price
$225,000
Premium/Discount to List
-$23,000
-9.27%
Total Days on Market
7
Current Estimated Value
$282,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,259
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Apr 13, 2012
Closed on
Jul 12, 2012
Sold by
Lumbattis Betty C
Bought by
Fogarty Richard Joseph and Fogarty Janet
Seller's Agent
Susan Keal
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Linda Thompson
MICHAEL SAUNDERS & COMPANY
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$80,500
Interest Rate
3.76%
Mortgage Type
New Conventional
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
Devney James K $225,000 Msc Title Inc
Fogarty Richard Joseph $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fogarty Richard Joseph $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $225,000 -9.3% $156 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $248,000 +115.7% $172 / Sq Ft
07/12/2012 07/12/12 Sold $115,000 0.0% $80 / Sq Ft
05/19/2012 05/19/12 Pending -- -- --
04/13/2012 04/13/12 For Sale $115,000 -- $80 / 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 $3,963 $263,500 -- $263,500
2023 $3,701 $242,250 $0 $242,250
2022 $3,263 $199,500 $0 $199,500
2021 $2,575 $157,000 $0 $157,000
2020 $2,678 $157,000 $0 $157,000
2019 $2,569 $157,000 $0 $157,000
2018 $2,469 $156,000 $0 $0
2017 $2,070 $130,000 $0 $0
2016 $1,860 $108,000 $0 $0
2015 $1,585 $103,850 $0 $0
2014 $1,585 $88,015 $0 $0
2013 $1,453 $79,813 $1 $79,812
Source: Public Records

Agents Affiliated with this Home

  • Linda Thompson

    Seller's Agent in 2021

    Linda Thompson

    Michael Saunders

    (941) 400-0805

    8 Total Sales

    Linda Thompson
    Section Image
  • Susan Keal

    Seller's Agent in 2012

    Susan Keal

    Michael Saunders

    (941) 320-1689

    53 Total Sales

    Susan Keal
    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Lee Byron

    Michael Saunders

    22 Total Sales

    Lee Byron
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4512562

Stellar MLS

APN: 19562-0740-9

Florida Manatee County Sarasota 34243

7860 Palm Aire Ln Unit 101, Sarasota, FL

This home is located at 7860 Palm Aire Ln Unit 101, Sarasota, FL 34243 since 16 September 2021 and is currently estimated at $282,259, approximately $195 per square foot. This property was built in 1980. 7860 Palm Aire Ln Unit 101 is a home located in Manatee County with nearby schools including Kinnan Elementary School, Braden River Middle School, and Braden River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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