NOT LISTED FOR SALE

Estimated Value: $485,000 - $639,000

3 Beds
2 Baths
1,610 Sq Ft
$664/mo HOA Fee

Last Sold July 13, 2018

Last sale price $325,000 $202 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,152/month

470 Days on Market

Highlights

  • 30 Feet of Waterfront
  • White Water Ocean Views
  • Heated In Ground Pool
  • Ida M. Stewart Elementary School Rated A-
  • Access to Bay or Harbor
  • Fishing

About This Home

As of July 2018

REDUCED! Location, location, location...........Amazing views over the water, beautiful scenery and picturesque skies await you here at Edgewater Cove in Perico Bay Club. This 3bd/2ba condo is on the top floor (2nd) and is an end unit which makes it light and bright. Pride of ownership shows throughout this move-in ready condo. Vaulted ceilings, open plan and hurricane shutters too. Large screened and tiled lanai is the perfect spot for you to have your morning coffee or afternoon cocktail while enjoying the serene and private setting perched over the mangroves and overlooking Palma Sola Bay. Watch the boats go by, the dolphins at play, the manatees frolicking or the many types of bird life that call this sanctuary their home. This building location is one of the most desirable in the Edgewater community for the views. Kayak launch to take you right out to the bay from your backyard. One car garage with storage plus plenty of parking for guests or second vehicle right outside the building. This unique waterfront community has a beautiful clubhouse with pool, tennis, fitness and activities. Edgewater also has a heated pool and hot tub right across from this condo for your convenience and enjoyment. Perico Bay Club is one of the only gated communities so close to Anna Maria Island with 24/7 manned guard gate entry. This elegant, well manicured community by Neal has beautiful lakes and lush and tropical landscape throughout. Come see why so many love to call Perico Bay Club their home!

Last Agent to Sell the Property

Gina Uliano

WAGNER REALTY License #0696422 Listed on: 02/17/2017

WAGNER REALTY

Co-Listed By

Judith McCauley

WAGNER REALTY License #0578284

Last Buyer's Agent

Julie Glennon

SATO REAL ESTATE INC. License #3214686

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,606

Year Built

  • Built in 1989

Lot Details

  • 30 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • Mature Landscaping

HOA Fees

  • $664 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Inside Utility
  • Carpet
  • White Water Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Access to Bay or Harbor
  • Powered Boats Permitted
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

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, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, sewer, trash, water
  • Community Services 941 755 5898 Association
  • Mid-Rise Condominium
  • Perico Bay Club Community
  • Perico Bay Club Edgewater Cove Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,606

Year Built

Built in 1989

Lot Details

0

HOA Fees

$664 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1610
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1896
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4178212&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4178212&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise
  • Ratio: Close Price\List Price: 0.90303
  • Price per Sq Ft: 201.86
  • Close to Original List Price Ratio: 0.84416
  • Ratio: Current Price\Building Area Total: 171.41
  • View: Yes
  • Co List Office Mls Id: 266510125
  • Co List Office Phone: 941-751-0670
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Room Count: 8
  • Additional Rooms: Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Palma Sola Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Powerboats – None Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0281E
  • Waterfront Frontage: 30
  • Water Frontage Feet Bay Harbor: 30

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions, Tennis Courts
  • Association Amenities: Gated, Maintenance, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Community Services 941-755-5898
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 1991
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 664
  • Amenities Additional Fees: The monthly HOA fee to Perico Bay Club is included in the quarterly condo fee (currently 75.00 per month)
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7964
  • Total Monthly Fees: 663.67

Lot Info

  • Zoning: PDP
  • Parcel Number: 7498320550
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: 2 Months
  • Approval Process: Submit application to Board for approval with 100.00 fee
  • Num Timesper Year: 3
  • Pet Restrictions: Dogs on leash and pick up after dogs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Board approval required

Tax Info

  • Tax Annual Amount: 5606
  • Tax Book Number: 1252-2187
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Jul 12, 2018
Sold by
Schmitt Evelyn L
Bought by
Bongard Ronald A and Ronald A Bongard Trust
Seller's Agent
Gina Uliano
WAGNER REALTY
Buyer's Agent
Julie Glennon
SATO REAL ESTATE INC.
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%
Current Estimated Value
$534,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,369
Avg. Annual Appreciation
6.72%
Original Mortgage
$260,000
Outstanding Balance
$157,319
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$370,098
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bongard Ronald A $325,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bongard Ronald A $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $325,000 -9.7% $202 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
03/13/2018 03/13/18 Price Changed $359,900 -2.7% $224 / Sq Ft
01/29/2018 01/29/18 Price Changed $369,900 -2.6% $230 / Sq Ft
10/18/2017 10/18/17 Price Changed $379,900 -1.3% $236 / Sq Ft
02/17/2017 02/17/17 For Sale $385,000 -- $239 / 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 $8,128 $459,000 -- $459,000
2024 $8,128 $481,525 -- --
2023 $8,039 $467,500 $0 $467,500
2022 $6,393 $414,750 $0 $414,750
2021 $6,138 $327,000 $0 $327,000
2020 $5,832 $295,000 $0 $295,000
2019 $5,884 $295,000 $0 $295,000
2018 $5,704 $283,000 $0 $0
2017 $5,607 $297,250 $0 $0
2016 $5,188 $270,250 $0 $0
2015 $4,368 $235,000 $0 $0
2014 $4,368 $215,901 $0 $0
2013 $4,245 $207,576 $1 $207,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4178212

Stellar MLS

APN: 74983-2055-0