NOT LISTED FOR SALE

106 Magnolia Ave Anna Maria, FL 34216

Estimated Value: $4,638,000 - $4,919,946

5 Beds
5.5 Baths
3,445 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $3,395,000 $985 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $30,583/month

148 Days on Market

Highlights

  • New Construction
  • Heated In Ground Pool
  • Deck
  • Anna Maria Elementary School Rated A-
  • Full Gulf or Ocean Views
  • Cathedral Ceiling

About This Home

As of July 2019

HERE IS YOUR OPPORTUNITY TO OWN ONE OF THE MOST UNIQUE GULF VIEW HOMES ON ANNA MARIA ISLAND. THIS NEWLY CONSTRUCTED LOW MAINTENANCE / HIGH PERFORMANCE LUXURY HOME COMPLETED JANUARY 2019. WATCH SPECTACULAR SUNSETS FROM THE LARGE ROOFTOP OBSERVATION DECK, ENJOY THE SWIMMING POOL-HOT TUB WITH PRIVATE SUN BATHING BEACH POOLSIDE, POOLSIDE BAR WITH TV, TRAVERTINE PATIO WITH POOLSIDE DINNING and PUTTING GREEN, "YES A 4 HOLE PUTTING GREEN". This FULLY COASTAL FURNISHED HOME includes FIVE MASTER SUITES WITH EN-SUITE BATHS, ONE OF WHICH IS A MOTHER IN LAW SUITE OFF THE MAIN HOUSE, ONE-HALF BATH, MEDIA ROOM and A UNIQUE COLLECTION OF ART FROM LOCAL ARTIST,. THE LARGEST MASTER SUITE ALSO INCLUDES ITS OWN ADJOINING DEN/READING ROOM. This ELEVATED HOME also features A SUMMER KITCHEN LOCATED ON THE SECOND LEVEL OVERLOOKING THE POOL, ELEVATOR, CENTRAL VAC, DESIGNER SOLID WOOD CABINETRY, EXQUISITE GRANITE, TIMBER ASH PORCELAIN TILE and CUSTOM TRIM THROUGHOUT. PERFORMANCE FEATURES include ENERGY STAR APPLIANCES, HYBRID WATER HEATER, VARIABLE SPEED POOL PUMP, FOAM INSULATION, IMPACT WINDOWS, THREE HIGH SEER AIR CONDITIONING UNITS, and 26 SOLAR PANELS. THE OVER-SIZED TWO CAR GARAGE WITH ROOM FOR GOLF/BEACH CAR IS LOCATED ON A ONE OF THE MOST DESIRABLE BEACH ACCESSIBLE STREETS IN ANNA MARIA. THIS HOME IS LESS THAN A ONE MINUTE WALK TO THE BEACH and FREE TROLLEY STOP, RESTAURANTS AND SHOPS IN THE VILLAGE OF ANNA MARIA ARE A SHORT WALK AS WELL. PLEASE CALL FOR APPOINTMENT TO TOUR THIS MOST UNIQUE HIGH PERFORMANCE LUXURY HOME.

Last Agent to Sell the Property

George DeSear

AMI REALTY GROUP License #3223805 Listed on: 01/30/2019

Last Buyer's Agent

Jason Sato

SATO REAL ESTATE INC. License #3050590

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,104

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50x145
  • South Facing Home
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned AM R2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Golf Cart Parking

Property Views

  • Full Gulf or Ocean
  • Partial Bay or Harbor

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,445 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Porcelain Tile

Kitchen

  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Anna Maria Square Community
  • Anna Maria Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,104

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Cement Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3445
  • Lot Size Acres: 0.17
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 4859
  • Lot Size Sq Ft: 7250
  • Directions to Property: GULF DRIVE NORTH TO MAGNOLIA-LEFT ON MAGNOLIA TOWARD BEACH AND PROPERTY IS ON THE RIGHT
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425233&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425233&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94437
  • Price per Sq Ft: 985.49
  • Close to Original List Price Ratio: 0.84981
  • Ratio: Current Price\Building Area Total: 698.7
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 106
  • Room Count: 10
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Golf Cart Parking, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: AM R2
  • Parcel Number: 7030200509
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Oversized Lot
  • Lot Dimensions: 50X145
  • Millage Rate: 15.91
  • Flood Zone Code: YES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 10104
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jul 29, 2019
Sold by
Padg 06 Llc
Bought by
Bale Chris and Bale Georgina
Seller's Agent
George DeSear
AMI REALTY GROUP
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$3,995,000
Sold Price
$3,395,000
Premium/Discount to List
-$600,000
-15.02%
Current Estimated Value
$4,764,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,369,315
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
May 19, 2017
Sold by
Ami Assets Llc
Bought by
Padg 06 Llc
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
Bale Chris $3,395,000 Attorney
Padg 06 Llc $900,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $3,395,000 -5.6% $985 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $3,595,000 -5.3% $1,044 / Sq Ft
03/19/2019 03/19/19 Price Changed $3,795,000 -5.0% $1,102 / Sq Ft
01/24/2019 01/24/19 For Sale $3,995,000 -- $1,160 / 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 $55,473 $3,561,058 -- --
2024 $55,473 $4,470,092 $1,301,563 $3,168,529
2023 $55,387 $4,471,495 $1,301,563 $3,169,932
2022 $47,341 $3,522,549 $779,000 $2,743,549
2021 $38,429 $2,529,217 $704,375 $1,824,842
2020 $35,639 $2,211,136 $668,750 $1,542,386
2019 $9,985 $593,750 $593,750 $0
2018 $10,104 $593,750 $593,750 $0
2017 $8,385 $593,750 $0 $0
2016 $8,185 $593,750 $0 $0
2015 -- $402,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4425233

Stellar MLS

APN: 70302-0050-9