NOT LISTED FOR SALE

Estimated Value: $277,000 - $368,000

0.28 Acre
$1,203,946 Price per Acre
12,197 Sq Ft Lot

Last Sold February 06, 2019

Last sale price $150,000

Est. 125% increase in value since last sale

Current estimated payment $2,089/month

14 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Canal View
  • No HOA
  • Water access To Gulf or Ocean
  • Corner Lot
  • Heating Available

About This Lot

As of February 2019

Oversized waterfront corner lot in desirable PALM POINT offers quick deep SAILBOAT water - no bridges- to Lemon Bay, the Intracoastal Waterway and on to the Gulf of Mexico. Direct access to Stump Pass, Palm Island and world class fishing at Boca Grande. CONCRETE seawall. Waterfront is 70 feet + 25 feet (refer to aerial photo) By car around the corner from Lemon Bay Golf Club, minutes from Rotonda Golf and Country Club, shopping, dining, sandy beaches. Palm Point is a private subdivision consisting of four dead end streets. Build your dream home and enjoy the Florida lifestyle at its finest!

Last Agent to Sell the Property

Jerry Hayes

RE/MAX ALLIANCE GROUP License #625093 Listed on: 01/16/2019

Last Buyer's Agent

Jerry Hayes

RE/MAX ALLIANCE GROUP License #625093 Listed on: 01/16/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,893

Lot Details

  • 0.28 Acre Lot
  • 95 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • West Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned RSF5

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Additional Features

  • Canal Views
  • In Flood Plain
  • Septic Needed

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 412028404010

Community Details

Overview

  • No Home Owners Association
  • Palm Point Community
  • Palm Point Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$2,893

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12300
  • Directions to Property: US 41 NORTH > LEFT ON 776 > LEFT ON WINCHESTER BLVD > LEFT ON WINCHESTER BLVD > LEFT ON 775/ PLACIDA RD > RIGHT ON ESTHER ST > SECOND RIGHT ONTO ESTHER ST > LOT IS ON THE RIGHT (ON THE CORNER OF SHERMAN AND ESTHER)
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Subdivision Num: PPR
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 12.2
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 10499

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Street Dead-End
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 100
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0193F
  • Waterfront Frontage: 95
  • Water Frontage Feet Canal Salt: 95

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF5
  • Parcel Number: 412028404010
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Corner Lot, Flood Plain, In County, Oversized Lot
  • Lot Dimensions: IRREG
  • Price Per Acre: 535714
  • Flood Zone Code: 11AE
  • Flood Zone Date: 2003-05-05
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2893
  • Tax Book Number: 4-33
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 6, 2019
Sold by
Zanki John and Zanki Cynthia
Bought by
Shafer Robyn C and Shafer Deborah L
Seller's Agent
Jerry Hayes
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jerry Hayes
RE/MAX ALLIANCE GROUP
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$337,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,105
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Benchmark Development Inc
Bought by
Zanki John and Zanki Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,050
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 2003
Sold by
Farr Susan
Bought by
Benchmark Dev Inc

Purchase Details

Closed on
Nov 30, 1999
Sold by
Swan Walter and Swan Jane A
Bought by
Farr Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Shafer Robyn C $150,000 Burnt Store Title & Escrow L
Zanki John $210,000 Attorney
Benchmark Dev Inc $235,000 --
Farr Susan $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zanki John $127,050
Previous Owner Farr Susan $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2019 02/06/19 Sold $150,000 0.0% --
01/29/2019 01/29/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $150,000 -- --
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
2023 $3,854 $208,968 $0 $0
2022 $3,687 $239,714 $231,034 $8,680
2021 $3,195 $172,701 $163,083 $9,618
2020 $3,002 $160,050 $149,493 $10,557
2019 $3,212 $170,473 $159,212 $11,261
2018 $2,893 $168,890 $159,212 $9,678
2017 $2,736 $156,675 $146,909 $9,766
2016 $2,785 $155,621 $0 $0
2015 $2,662 $141,474 $0 $0
2014 $2,385 $128,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7410489

Stellar MLS

APN: 412028404010