$115,000
SOLD JUL 12, 2012

7860 Palm Aire Ln Unit 101 Sarasota, FL 34243

3 Beds
2 Baths
1,444 Sq Ft
$278/mo HOA Fee

Recently Sold

$80 Per Sq Ft

35 Days on Market

Highlights

  • 27 Feet of Waterfront
  • Oak Trees
  • Home fronts a creek
  • On Golf Course
  • Indoor Pool
  • Open Floorplan

About This Home

As of October 2021

Light, bright corner/end unit overlooking Palm Aire Golf Course on the 6th green and 7th tee. Open views of the creek, golf course, and mature trees. Recently painted, clean and fresh and new roof in 2008. This three bedroom, two bath unit, turnkey. Large open lanai has new white tile and shutters. Third bedroom has pocketing sliding doors, so it makes a perfect den also. Extra storage closet outside front door. ... Recharge your golf cart or Volt by the light outside the unit.

Last Agent to Sell the Property

Susan Keal

MICHAEL SAUNDERS & COMPANY License #0473897 Listed on: 04/13/2012

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Lee Byron

MICHAEL SAUNDERS & COMPANY License #0600774

Last Buyer's Agent

Linda Thompson

MICHAEL SAUNDERS & COMPANY License #3056541

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1980

Lot Details

  • Home fronts a creek
  • 27 Feet of Waterfront
  • On Golf Course
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Zero Lot Line

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Golf Course
  • Creek or Stream

Home Design

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

Interior Spaces

  • 1,444 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Indoor Pool
  • Spa
  • Child Gate Fence

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, fidelity bond, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, water
  • Mid-Rise Condominium
  • Palm Aire Community
  • Palm Aire At Sarasota No 8B Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Community Storage Space

Recreation

  • Golf Course Community
  • Shuffleboard Court
  • Community Pool

Pet Policy

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

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,376

Year Built

Built in 1980

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • HOA Fee Includes: Cable TV, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • 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: University Blvd., N. on Whitfield, left on Palm Aire Dr., 1st right on Palm Aire Lane. 2nd building on left - 1st unit ground floor.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3958899&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3958899&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 1956206
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92
  • Price per Sq Ft: 79.64
  • Close to Original List Price Ratio: 0.92
  • Ratio: Current Price\Building Area Total: 71.7
  • View: Yes
  • Co List Office Mls Id: 281502395
  • Co List Office Phone: 941-349-3444
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

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, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7860
  • Room Count: 7
  • Additional Rooms: Florida Room, Foyer, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Child Safety Fence, Indoor
  • Exterior Features: Hurricane Shutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: Creek
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Creek
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 27
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Street Lights
  • 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: Deed Restrictions, Golf, Pool
  • Association Amenities: Maintenance, Shuffleboard Court, Storage
  • Association: No
  • Security: Smoke Detector(s)
  • Condo Fees: 835
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 3340
  • Total Monthly Fees: 278.33

Lot Info

  • Zoning: PDR/WP
  • Parcel Number: 1956207409
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Level, On Golf Course, Zero Lot Line
  • Millage Rate: 16.82
  • Future Land Use: 0400
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Expected Lease Date: 2012-07-12T04:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 1376
  • Tax Book Number: 0010/0179
  • Tax Lot: 101

Multi Family

  • Waterfront Features: Creek

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%
Current Estimated Value
$281,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,777
Avg. Annual Appreciation
7.27%

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 Type Sale Price Title Company
Warranty Deed $225,000 Msc Title Inc
Warranty Deed $115,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,500 New Conventional
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

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Map

Source: Stellar MLS

MLS Number: A3958899

Stellar MLS

APN: 19562-0740-9