NOT LISTED FOR SALE

Estimated Value: $388,000 - $498,000

2 Beds
2 Baths
1,255 Sq Ft
$664/mo HOA Fee

Last Sold May 20, 2022

Last sale price $450,000 $359 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,317/month

14 Days on Market

Highlights

  • 25 Feet of Waterfront
  • Fitness Center
  • Lake View
  • Ida M. Stewart Elementary School Rated A-
  • Heated In Ground Pool
  • 2.45 Acre Lot

About This Home

As of May 2022

Open House cancelled. Rarely available patio home in the highly desirable Perico Island, just 2 miles to Anna Maria Island.  Here you have the best of both worlds, condo living with the feel of a single family home. Perico Island is a quiet community with tree-lined streets and is just minutes to both West Bradenton and the white sandy beaches of Anna Maria Island on the Gulf of Mexico. This two-bedroom, two-bath patio home offers a lot of space and large rooms. This split bedroom plan, volume ceilings and large screened patio overlooking the long view of the lake has everything you could want in a home or a vacation spot. The eat-in kitchen has a view of the lake and a separate dining area. There is plenty of room for bikes and beach gear in the two-car garage. Located on a cul-de-sac street makes this the perfect location. Perico Island has a community clubhouse, swimming pool and tennis courts.  This home is being sold turnkey furnished minus a few personal items. Upgrades include new Heating and Air system, new electrical panel and new washer and dryer. The roof is new as of January 2022 and the HOA is completing the exterior trim painting and pressure washing in April.

Last Agent to Sell the Property

Jen Bowman

KELLER WILLIAMS ON THE WATER License #3559785 Listed on: 03/31/2022

KELLER WILLIAMS ON THE WATER

Last Buyer's Agent

Mara Gilmore

CAPOZELLA REAL ESTATE License #3021438

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,599

Year Built

  • Built in 1988

Lot Details

  • 25 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Unincorporated Location
  • West Facing Home
  • Condo Land Included

HOA Fees

  • $664 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,255 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Lake
  • Deck
  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities
  • Argus Property Management 941 927 6464 Association
  • Perico Island Condominiums Community
  • Perico Island Second Add "Magnolia Manor Condo" Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,599

Year Built

Built in 1988

Lot Details

0

HOA Fees

$664 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1255
  • Lot Size Acres: 2.45
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1822
  • Lot Size Sq Ft: 106907
  • Directions to Property: From Manatee Avenue going West toward Anna Maria Island, turn right into Perico Island. Turn left at stop sign and then first right onto Magnolia Way. Turn right on Jasmine Circle.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529749?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529749?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 358.57
  • Close to Original List Price Ratio: 0.91855
  • Ratio: Current Price\Building Area Total: 246.98
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 11015
  • Room Count: 7
  • Additional Rooms: Great Room

Exterior Features

  • Direction Faces: West
  • Other Structures: Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Greenbelt, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0281E
  • Waterfront Frontage: 25
  • Water Frontage Feet Lake: 25
  • Additional Water Information: Long lake (stormwater retention pond) with abundant wildlife normally present.
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Maintenance, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association Name: Argus Property Management 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1992
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 664
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7968
  • Total Monthly Fees: 664

Lot Info

  • Zoning: PDR/CH
  • Parcel Number: 7361450500
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Unincorporated
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 3 Months
  • Approval Process: Argus Property Management -- 941-927-6464
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Maximum twice per year, minimum period is three months

Tax Info

  • Tax Annual Amount: 3599
  • Tax Book Number: 1239-611
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 19, 2022
Sold by
Herron David S and Herron Cassie L
Bought by
Greyer Roy R
Seller's Agent
Jen Bowman
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Mara Gilmore
CAPOZELLA REAL ESTATE
List Price
$489,900
Sold Price
$450,000
Premium/Discount to List
-$39,900
-8.14%
Current Estimated Value
$431,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,436
Avg. Annual Appreciation
0.72%

Purchase Details

Listed on
May 14, 2018
Closed on
Apr 13, 2018
Sold by
Volkert Amy
Bought by
Herron David S and Herron Cassie L
Seller's Agent
Kristin Lavenduski
EXP REALTY LLC
Buyer's Agent
Kristin Lavenduski
EXP REALTY LLC
Sold Price
$1,800

Purchase Details

Listed on
Nov 27, 2012
Closed on
Mar 8, 2013
Sold by
Thomas Franchion
Bought by
Myatt Barbara E
Seller's Agent
Steven Dutoit
SARASOTA REALTY SOLUTIONS
Buyer's Agent
John VanZandt
ISLAND REAL ESTATE-ANNA MARIA
List Price
$219,900
Sold Price
$186,500
Premium/Discount to List
-$33,400
-15.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Aug 26, 1996
Sold by
Robinson Floyd T and Robinson Bonnie A
Bought by
Thomas Franchion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
8.4%
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
Greyer Roy R $450,000 Barnes Walker Title
Herron David S $300,000 Title Alliance Of Thte Gulf
Myatt Barbara E $186,500 Barnes Walker Title Inc
Thomas Franchion $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Franchion $74,653
Previous Owner Thomas Franchion $67,000
Closed Greyer Roy R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $450,000 0.0% $359 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/09/2022 04/09/22 Price Changed $450,000 -8.1% $359 / Sq Ft
03/31/2022 03/31/22 For Sale $489,900 0.0% $390 / Sq Ft
06/05/2018 06/05/18 Rented $1,800 0.0% --
05/13/2018 05/13/18 For Rent $1,800 0.0% --
03/08/2013 03/08/13 Sold $186,500 -11.1% $151 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/10/2013 01/10/13 Price Changed $209,900 -4.5% $170 / Sq Ft
11/27/2012 11/27/12 For Sale $219,900 -- $178 / 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 $3,676 $300,409 -- --
2024 $3,676 $291,943 -- --
2023 $3,619 $283,440 $0 $0
2022 $4,298 $315,000 $0 $315,000
2021 $3,599 $240,000 $0 $240,000
2020 $3,766 $240,000 $0 $240,000
2019 $3,728 $235,000 $0 $235,000
2018 $3,252 $200,000 $0 $0
2017 $2,983 $200,000 $0 $0
2016 $2,800 $182,900 $0 $0
2015 $1,880 $152,490 $0 $0
2014 $1,880 $145,939 $0 $0
2013 $1,531 $122,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4529749

Stellar MLS

APN: 73614-5050-0