NOT LISTED FOR SALE

7860 Palm Aire Ln Unit 106 Sarasota, FL 34243

Estimated Value: $252,000 - $291,000

3 Beds
2 Baths
1,444 Sq Ft
$283/mo HOA Fee

Last Sold December 24, 2020

Last sale price $172,500 $119 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,003/month

31 Days on Market

Highlights

  • 27 Feet of Waterfront
  • Sun or Florida Room
  • Furnished
  • On Golf Course
  • End Unit
  • Mature Landscaping

About This Home

As of December 2020

Rare 3-bedroom, 2-bath first-floor end unit with golf course and water view at Palm Aire Country Club. Spacious open floor plan with lots of light is ready to move in turnkey furnished. Enclosed double sliding lanai gives openness and protection from the elements and provides a wonderful golf course view across the canal. Recently painted throughout with planked flooring throughout the living area + Updated HVAC and Hot Water Heater! Enjoy all the available amenities associated with golf and country club living without mandatory membership. Perfectly located; minutes to extensive shopping including UTC mall, SRQ airport as well as downtown Sarasota. Bring your bags - easy to show and ready now for this upcoming season.

Last Agent to Sell the Property

Marci Carter

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3412796 Listed on: 10/28/2020

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Bev Murray

BERKSHIRE HATHAWAY HOMESERVICE License #0682510

BERKSHIRE HATHAWAY HOMESERVICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1980

Lot Details

  • 27 Feet of Waterfront
  • Property fronts a freshwater canal
  • On Golf Course
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Metered Sprinkler System

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Golf Course
  • Canal

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Access to Freshwater Canal
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, recreational facilities, sewer, trash, water
  • Brenda Smith Meyers Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 8B Subdivision
  • Leased Association Recreation
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,709

Year Built

Built in 1980

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Brick, Stucco
  • Fireplace: No
  • Living Area: 1444
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1604
  • Directions to Property: University Parkway, North on Whitfield, left on Palm Aire Drive, immediate right turn on to Palm aire Lane, follow to 7860 on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481865?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4481865?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 119.46
  • Close to Original List Price Ratio: 0.95833
  • Ratio: Current Price\Building Area Total: 107.54
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 7860
  • Room Count: 9
  • Additional Rooms: Florida Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved, Asphalt
  • Water View: Canal
  • Water Access: Canal - Freshwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 27
  • Water Frontage Feet Canal Fresh: 27

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Buyer Approval Required, Deed Restrictions, Pool
  • Association Name: Brenda Smith Meyers
  • Phone: 941-359-1134 x11
  • Association: No
  • Senior Community: No
  • Condo Fees: 850
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 283
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3400
  • Total Monthly Fees: 283.33

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956207656
  • Additional Parcels: No
  • Lot Features: Level, On Golf Course
  • Flood Zone Code: X

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Approval Process: See Approval Process
  • Pet Restrictions: Approval required by the condominium association on a case by case basis.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Lease Restrictions

Tax Info

  • Tax Annual Amount: 2708.89
  • Tax Lot: 106

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 17, 2020
Sold by
Badman151 Llc
Bought by
Colbyco Llc
Seller's Agent
Marci Carter
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bev Murray
BERKSHIRE HATHAWAY HOMESERVICE
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%
Current Estimated Value
$266,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,991
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jan 11, 2020
Sold by
Badman Richard W
Bought by
Badman151 Llc

Purchase Details

Closed on
Sep 29, 2017
Sold by
Pence Elizabeth
Bought by
Badman Richard W

Purchase Details

Closed on
Aug 26, 1996
Sold by
Nelson Kathleen O and Oreilly George
Bought by
Platt Dennis and Platt Betty
Source: Public Records

Range of Values:

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Sold Price
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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
Colbyco Llc $172,500 Landguard Title Services Llc
Badman151 Llc -- Attorney
Badman Richard W $118,000 Attorney
Platt Dennis $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $172,500 -4.2% $119 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $180,000 0.0% $125 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $180,000 0.0% $125 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $180,000 -- $125 / 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 $3,686 $216,750 -- $216,750
2024 $3,686 $263,500 -- $263,500
2023 $3,444 $242,250 $0 $242,250
2022 $3,028 $199,500 $0 $199,500
2021 $2,575 $157,000 $0 $157,000
2020 $2,691 $157,000 $0 $157,000
2019 $2,709 $157,000 $0 $157,000
2018 $2,716 $156,000 $0 $0
2017 $1,266 $110,268 $0 $0
2016 $1,252 $108,000 $0 $0
2015 $1,587 $103,850 $0 $0
2014 $1,587 $88,015 $0 $0
2013 $744 $75,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4481865

Stellar MLS

APN: 19562-0765-6