NOT LISTED FOR SALE

7880 Palm Aire Ln Unit 106 Sarasota, FL 34243

Estimated Value: $295,000 - $315,000

3 Beds
2 Baths
1,444 Sq Ft
$567/mo HOA Fee

Last Sold March 26, 2024

Last sale price $325,000 $225 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,578/month

6 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Main Floor Primary Bedroom
  • On Golf Course
  • Clubhouse
  • Solid Surface Countertops

About This Home

As of March 2024

Welcome to the highly sought after community of Palm Aire where your new home awaits you! This corner unit is not only on the first floor, but it offers panoramic views of the Champion Golf Course. This light and bright three bedroom, two bath home boasts luxury vinyl plank throughout the main living areas. The kitchen has been updated with stainless steel appliances, granite countertops, and wooded cabinets. Enjoy the extra square footage of the home with an enclosed lanai, perfect to open up on a beautiful Florida day. In this home, you are only a short distance away from the clubhouse and pool. Memberships at Palm Aire Country Club are completely optional and are varied in membership types. They offer social, racquet and golf memberships and also half year memberships either in our out of season. Enjoy Sarasota nightlife, as you will be minutes away from University Town Center and 15 minutes away from downtown Sarasota. On a sunny day, take a short drive to Benderson Park or a 25 minute drive to our gorgeous, crystal sand beaches.

Last Agent to Sell the Property

Miranda Oswald

KELLER WILLIAMS ON THE WATER Brokerage Phone: 941-729-7400 License #0394665 Listed on: 02/04/2024

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

Vicki Haddow

COLDWELL BANKER REALTY License #3406673

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1977

Lot Details

  • On Golf Course
  • West Facing Home
  • Landscaped with Trees

HOA Fees

  • $567 Monthly HOA Fees

Property Views

  • Water
  • Golf Course

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Enclosed 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 common area taxes, pool, insurance, maintenance structure, ground maintenance, recreational facilities, sewer, water
  • Advanced Management Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 8 A Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,444

Year Built

Built in 1977

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1444
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1604
  • Directions to Property: From i75 and University Parkway, head west on University Parkway, north on Whitfield Avenue, west on Palm Aire Dr, and north on Palm Aire Ln. Building 7880 will be on your left.
  • 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: 1
  • List Office Head Office Key Nume: 1044707
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 225.07
  • 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: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7880
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 134.15
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt
  • 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, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Golf, Pool, Sidewalks, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Golf Course, Maintenance, Pool, Tennis Court(s)
  • Association Name: Advanced Management
  • Phone: 9413591134
  • 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: 7880
  • 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: 1956206500
  • Additional Parcels: No
  • Lot Features: Near Golf Course, On Golf Course, Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 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: 3443.51
  • Tax Lot: 0

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Mar 26, 2024
Sold by
Gooch Timothy L
Bought by
Blandford Maureen E and Fenstemaker Chad W
Seller's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Vicki Haddow
COLDWELL BANKER REALTY
List Price
$325,000
Sold Price
$325,000
Total Days on Market
6
Views
19
Current Estimated Value
$304,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,349
Avg. Annual Appreciation
-5.20%

Purchase Details

Closed on
Jun 29, 2018
Sold by
Gooch Francis J and Gooch Eleanor I
Bought by
Gooch Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2007
Sold by
Gooch Francis J and Gooch Eleanor I
Bought by
Gooch Francis J and Gooch Eleanor I

Purchase Details

Closed on
Jun 13, 2003
Sold by
Bailey Irene W
Bought by
Gooch Francis J and Gooch Eleanor I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.3%

Purchase Details

Closed on
Aug 3, 2000
Sold by
Bailey Irene W
Bought by
Bailey Irene W
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
Blandford Maureen E $325,000 None Listed On Document
Gooch Timothy L $155,000 North American Title
Gooch Francis J -- Attorney
Gooch Francis J $125,000 --
Bailey Irene W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gooch Timothy L $116,250
Previous Owner Gooch Francis J $45,000
Previous Owner Gooch Francis J $71,400
Previous Owner Gooch Frank J $50,000
Previous Owner Gooch Francis J $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $325,000 0.0% $225 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $325,000 -- $225 / 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 $3,686 $263,500 -- $263,500
2023 $3,444 $242,250 $0 $242,250
2022 $2,683 $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 $1,134 $97,910 $0 $0
2017 $1,042 $95,896 $0 $0
2016 $1,028 $93,924 $0 $0
2015 $1,025 $93,271 $0 $0
2014 $1,025 $92,531 $0 $0
2013 $1,007 $91,164 $1 $91,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4598421

Stellar MLS

APN: 19562-0650-0