NOT LISTED FOR SALE

Estimated Value: $78,000 - $109,000

1 Bed
1 Bath
722 Sq Ft
$272/mo HOA Fee

Last Sold July 18, 2017

Last sale price $60,500 $84 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $869/month

52 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of July 2017

Recently updated 1 bedroom 1 bath first floor Gulf Access condo for a great price!! This unit has tile throughout, plus granite in the kitchen and dual sinks in the bath. Nice covered lanai to relax on and enjoy the outdoors. Tropic Terrace offers fantastic amenities that include a heated pool, community room with pool table and gym equipment, shuffle board and community gulf access boat ramp and docks with only a ten minute ride out to the river. All of this with low HOA fees and in an ideal location just a short walk to shopping, dining, and the golf course. Also just minutes from the downtown entertainment district. Very well kept and clean complex where pride of ownership is on display. This is a 55+ community, however, this building is exempt with no age restrictions. Call for your private showing today!

Last Agent to Sell the Property

Jim Mccabe

Gulf Gateway Realty, Inc. License #258016300 Listed on: 04/26/2017

Last Buyer's Agent

Jim Mccabe

Gulf Gateway Realty, Inc. License #258016300 Listed on: 04/26/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $481

Year Built

  • Built in 1964

Lot Details

  • Waterfront
  • West Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 722 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-44-24-20-01004.0000
  • Tax Block 1004

Community Details

Overview

  • Association fees include cable TV, insurance, laundry, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, trash
  • 132 Units
  • Association Phone (239) 481-5934
  • Low-Rise Condominium
  • Tropic Terrace Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities
  • Bike Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Marina
  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$481

Year Built

Built in 1964

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Condo
  • Subdivision Name: TROPIC TERRACE
  • Directions: Hancock Bridge East to Orange Grove, North to the entrance on your right. First building.
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1964
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Dual Sinks, See Remarks, Tub Shower
  • Living Area: 722.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights
  • Amenities: Billiard Room, Marina, Boat Ramp, Bike Storage, Clubhouse, Laundry, Pool, Shuffleboard Court, Boat Slip, Sidewalks
  • Association #2 Fee: 272.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-481-5934
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Laundry, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Trash

Lot Info

  • Parcel #: 09-44-24-20-01004.0000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 132

Tax Info

  • Tax Annual Amount: 481.0
  • Tax Block: 1004
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jul 18, 2017
Sold by
Tropic Terrace Land Trust 1004
Bought by
Hopkins Fred and Hopkins Judy
Seller's Agent
Jim Mccabe
Gulf Gateway Realty, Inc.
Buyer's Agent
Jim Mccabe
Gulf Gateway Realty, Inc.
List Price
$67,000
Sold Price
$60,500
Premium/Discount to List
-$6,500
-9.7%
Current Estimated Value
$95,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,384
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Apr 11, 2014
Sold by
Foreclosure Solutions Llc
Bought by
Tropic Terrace Land Trust #1004

Purchase Details

Closed on
Oct 24, 2013
Sold by
Legacy Asset Holdings Llc
Bought by
Foreclosure Solutions Llc

Purchase Details

Closed on
Aug 19, 2011
Sold by
Federal National Mortgage Association
Bought by
Legacy Asset Holdings Llc

Purchase Details

Closed on
Apr 26, 2011
Sold by
Bahruth Gustav F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 2, 2007
Sold by
Bahruth Gustav F and Bahruth Joan A
Bought by
Bahruth Gustav F and Bahruth Joan A

Purchase Details

Closed on
Feb 28, 2003
Sold by
Loguldice Frank and Loguidice Mary E
Bought by
Bahruth Gustav F and Bahruth Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,150
Interest Rate
5.82%

Purchase Details

Closed on
May 28, 1999
Sold by
Krisik Danny D and Krisik Aaron J
Bought by
Loguidice Frank and Loguidice Mary F

Purchase Details

Closed on
Sep 8, 1995
Sold by
Tusin Albert S
Bought by
Krisik Larry
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
Hopkins Fred $60,500 Talon Title Services Llc
Tropic Terrace Land Trust #1004 -- None Available
Foreclosure Solutions Llc -- Attorney
Legacy Asset Holdings Llc $15,465 Servicelink
Federal National Mortgage Association -- None Available
Bahruth Gustav F -- None Available
Bahruth Gustav F $43,511 --
Loguidice Frank $8,800 --
Loguidice Frank $8,800 --
Loguidice Frank $8,800 --
Loguidice Frank -- --
Krisik Larry $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahruth Gustav F $39,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2017 07/18/17 Sold $60,500 -9.7% $84 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $67,000 -- $93 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $1,101 $63,873 -- $63,873
2024 $982 $61,515 -- --
2023 $982 $55,923 $0 $0
2022 $801 $50,839 $0 $0
2021 $730 $48,238 $0 $48,238
2020 $685 $44,413 $0 $44,413
2019 $644 $42,798 $0 $42,798
2018 $571 $34,723 $0 $34,723
2017 $554 $33,108 $0 $33,108
2016 $481 $29,714 $0 $29,714
2015 $448 $27,100 $0 $27,100
2014 -- $26,900 $0 $26,900
2013 -- $20,700 $0 $20,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217029643

Florida Gulf Coast Multiple Listing Service

APN: 09-44-24-20-01004.0000