NOT LISTED FOR SALE

7880 Palm Aire Ln Unit 203 Sarasota, FL 34243

Estimated Value: $277,000 - $304,000

3 Beds
2 Baths
1,500 Sq Ft
$297/mo HOA Fee

Last Sold August 19, 2021

Last sale price $225,000 $150 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,253/month

6 Days on Market

Highlights

  • Pond View
  • Community Pool
  • Ceramic Tile Flooring
  • Open Floorplan
  • Balcony
  • Central Heating and Cooling System

About This Home

As of August 2021

This 3 bedroom condo has a great view of the pond and golf course at Palm Aire Country Club . Located on the 7th hole of the Champions Golf Course . Large master bedroom with walk in closet and ensuite bath. Large open concept Living and Dining room , great for entertaining . Recently upgraded sliding doors , windows and exterior railings. Enjoy the community pool , maintained by the association and walking distance from the unit . Golf Membership is available but not required.

Last Agent to Sell the Property

Marie Fogarty

M H FOGARTY AND COMPANY LLC License #3271306 Listed on: 07/14/2021

Last Buyer's Agent

Patricia Tan

COLDWELL BANKER REALTY License #3096431

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 1977

Lot Details

  • East Facing Home
  • Condo Land Included

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceramic Tile Flooring
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, pool maintenance
  • Hannah Advance Mgmt Association, Phone Number (941) 359-1134
  • Palm Aire Community
  • Palm Aire At Sarasota 8 A 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

$2,755

Year Built

Built in 1977

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1500
  • Lot Size Acres: 1.08
  • New Construction: No
  • Year Built: 1977
  • Lot Size Sq Ft: 47232
  • Directions to Property: From University Parkway turn North on Whitfield . Take left onto Palm Aire Dr . Take first right on Palm Aire Lane . Condo is on the left .
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4506831?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4506831?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 150
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 7880
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Pond
  • 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
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee Frequency: Quarterly
  • Association Name: Hannah Advance Mgmt
  • Phone: 941 359-1134
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 890
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 297
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Schools

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

Lot Info

  • Zoning: PDR/WPE/
  • Parcel Number: 1956206658
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • Approval Process: The $100 application fee must accompany each application to rent . Owner's responsibility to ensure Rules and Regulations are followed
  • Pet Restrictions: No Aggressive Breeds
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify all lease restrictions from HOA

Tax Info

  • Tax Annual Amount: 2754.7
  • Tax Lot: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 19, 2021
Sold by
Charbit Andre Emile
Bought by
Vinca Besnik
Seller's Agent
Marie Fogarty
M H FOGARTY AND COMPANY LLC
Buyer's Agent
Patricia Tan
COLDWELL BANKER REALTY
List Price
$225,000
Sold Price
$225,000
Total Days on Market
6
Current Estimated Value
$286,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,185
Avg. Annual Appreciation
6.52%
Original Mortgage
$213,750
Outstanding Balance
$196,864
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$89,321

Purchase Details

Listed on
Apr 8, 2020
Closed on
Mar 11, 2020
Sold by
Charbit Andre Emile
Bought by
Charbit Andre Emile and Charbit Jeremy
Seller's Agent
Marie Fogarty
M H FOGARTY AND COMPANY LLC
Buyer's Agent
Marie Fogarty
M H FOGARTY AND COMPANY LLC
Sold Price
$1,500

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 28, 2017
Sold by
Alliegro Barbara E
Bought by
Charbit Andre Emile
Seller's Agent
Mary Peters
Buyer's Agent
Linda Starcher, PA
RE/MAX ALLIANCE GROUP
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Nov 1, 2016
Bought by
Charbit Andre Emile

Purchase Details

Closed on
Mar 31, 1994
Sold by
Morrison Herbert J
Bought by
Alliegro Richard A and Alliegro Barbara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
7.1%
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
Vinca Besnik $225,000 Attorney
Charbit Andre Emile -- Attorney
Charbit Andre Emile $140,000 Alliance Group Title Llc
Charbit Andre Emile $100 --
Alliegro Richard A $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinca Besnik $213,750
Previous Owner Alliegro Richard A $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $225,000 0.0% $150 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $225,000 0.0% $150 / Sq Ft
05/08/2020 05/08/20 Rented $1,500 +0.3% --
04/08/2020 04/08/20 For Rent $1,495 0.0% --
05/29/2017 05/29/17 Off Market $140,000 -- --
02/28/2017 02/28/17 Sold $140,000 -12.4% $93 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $159,900 -- $107 / 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 $4,277 $272,000 -- $272,000
2023 $4,030 $250,750 $0 $250,750
2022 $2,746 $186,191 $0 $0
2021 $2,636 $161,000 $0 $161,000
2020 $2,755 $161,000 $0 $161,000
2019 $2,773 $161,000 $0 $161,000
2018 $2,814 $162,000 $0 $0
2017 $2,302 $144,200 $0 $0
2016 $2,084 $122,200 $0 $0
2015 $1,775 $117,500 $0 $0
2014 $1,775 $99,602 $0 $0
2013 $1,626 $90,310 $1 $90,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4506831

Stellar MLS

APN: 19562-0665-8