NOT LISTED FOR SALE

7860 Palm Aire Ln Unit 204 Sarasota, FL 34243

Estimated Value: $170,000 - $227,000

2 Beds
2 Baths
1,118 Sq Ft
$567/mo HOA Fee

Last Sold July 08, 2024

Last sale price $210,000 $188 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,927/month

131 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Community Pool
  • Golf Course Community
  • Clubhouse
  • Tennis Courts

About This Home

As of July 2024

Welcome to the highly sought after community of Palm Aire where your new home awaits you. This charming golf course view condominium has some of the best views afforded in Palm Aire. It is easy walking distance to the Palm Aire Country Club which has various types of memberships available. Membership is not required, but you may find yourself interested in their very affordable social membership even if you are not a golfer. You can even join half year if you are not a full time resident. Decorative wall treatments make this home extra charming.

Last Agent to Sell the Property

Miranda Oswald

KELLER WILLIAMS ON THE WATER Brokerage Phone: 941-729-7400 License #0394665 Listed on: 01/31/2024

KELLER WILLIAMS ON THE WATER

Co-Listed By

Paige Morgan

KELLER WILLIAMS ON THE WATER Brokerage Phone: 941-729-7400 License #3420348

Last Buyer's Agent

Michael Jackson

EXIT KING REALTY License #3449893

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1980

Lot Details

  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $567 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, sewer, trash, water
  • Lynn Mahoney (Ami) Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 8 B Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,961

Year Built

Built in 1980

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1118
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1266
  • Directions to Property: From i75 and University Parkway, head west on University Parkway. Go north on Whitfield Ave, west on Palm Aire Dr, north on Palm Aire Ln. Building 7860 will be in your left, and unit #204 is on the second floor.
  • Status: Sold
  • Co List Office Mls Id: MFR266510701
  • Co List Office Phone: 941-729-7400
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 187.84
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-729-7400
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7860
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 103.87
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Golf Carts OK, Golf, Pool, Sidewalks, Tennis Courts
  • Association Name: Lynn Mahoney (AMI)
  • Phone: 941-359-1134
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyer is responsible for confirming all pet restrictions with the association.
  • Association Fee Requirement: None
  • Building Name Number: 7860
  • Condo Fees: 1701
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 567
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 6804.00
  • Total Monthly Fees: 567.00

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956207854
  • Additional Parcels: No
  • Lot Features: Landscaped, Near Golf Course, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer is responsible for confirming all lease restrictions with the association.

Tax Info

  • Tax Annual Amount: 2960.57
  • Tax Lot: 0

Multi Family

  • Approval Process: Buyer is responsible for confirming lease approval process with association.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Jun 27, 2024
Sold by
Douberly Rebecca
Bought by
Arias Gisela and Arias Daniel L
Seller's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Michael Jackson
EXIT KING REALTY
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Views
27
Current Estimated Value
$206,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,549
Avg. Annual Appreciation
-1.33%

Purchase Details

Closed on
Feb 17, 2016
Sold by
Anderson Richard H and Anderson Anne V
Bought by
Douberly Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,425
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
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
Arias Gisela $210,000 None Listed On Document
Douberly Rebecca $129,900 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douberly Rebecca $97,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $210,000 -8.7% $188 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $230,000 -8.0% $206 / Sq Ft
06/07/2024 06/07/24 For Sale $250,000 0.0% $224 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/04/2024 05/04/24 Price Changed $250,000 -5.7% $224 / Sq Ft
04/11/2024 04/11/24 Price Changed $265,000 -3.6% $237 / Sq Ft
02/06/2024 02/06/24 Price Changed $275,000 -1.8% $246 / Sq Ft
01/31/2024 01/31/24 For Sale $280,000 -- $250 / 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 $3,188 $195,500 -- $195,500
2024 $3,188 $229,500 -- $229,500
2023 $2,961 $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 $1,954 $115,000 $0 $0
2016 $1,706 $98,300 $0 $0
2015 $1,455 $94,500 $0 $0
2014 $1,455 $80,084 $0 $0
2013 $1,334 $72,577 $1 $72,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4597550

Stellar MLS

APN: 19562-0785-4