NOT LISTED FOR SALE

Estimated Value: $1,357,000 - $2,193,000

4 Beds
3 Baths
2,967 Sq Ft
$590/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,350,000 $455 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,016/month

9 Days on Market

Highlights

  • 78 Feet of Waterfront
  • Marina
  • Boat Ramp
  • Palma Sola Elementary School Rated A-
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay

About This Home

As of August 2020

Welcome to Paradise!!! DIRECT BAY FRONT HOME W DEEP WATER! Nestled among swaying palms and warm gulf breezes, this exquisite Palma Sola Blvd home is located just miles from the Gulf of Mexico directly on Palma Sola Bay. Situated behind a wrought iron gated entry, the pavered driveway leads you to this breathtaking 4 bedroom, 3 bathroom home surrounded by lush landscaping.Step inside and be greeted by stunning water views from this expansive open floor plan. Enjoy cooking in the updated kitchen with warm wood cabinetry, gleaming granite countertops, stainless steel appliances, undermount sink and bar seating perfect for entertaining friends and family. Open up the french doors and be blown away by the backyard views, pavered patio and evening sunsets! Hop in the boat to cruise to dinner or head out fishing. Truly a peaceful location! Wake up every morning to tranquil views of the bay from your master. This home has 3 additional bedrooms perfect for family and guests. Updated in 2012 this home offers newer flooring, windows,paint and recessed lighting. Additional features include an oversized 2 car garage with epoxy flooring. Located within close proximity to Robinson Preserve, you can enjoy kayaking or fishing. Minutes from Anna Maria, superb dining, shopping,medical facilities and schools. Very difficult to find deep water on Palma Sola Bay...don't let this opportunity pass you by!

Last Agent to Sell the Property

Jay Travis

RE/MAX ALLIANCE GROUP License #0678507 Listed on: 07/23/2020

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Kym Paxton

KW SUNCOAST License #3155140

KW SUNCOAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,677

Year Built

  • Built in 1969

Lot Details

  • 0.47 Acre Lot
  • 78 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned RSF3/HA

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,967 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Blinds
  • Rods
  • French Doors
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • White Water Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Seawall
  • Boat Slip Deeded
  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot

Schools

  • Palma Sola Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Palma Sola Community
  • Palma Sola Park Subdivision

Recreation

  • Boat Ramp
  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,677

Year Built

Built in 1969

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2967
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 1969
  • Lot Size Sq Ft: 20517
  • Directions to Property: Manatee Ave towards Anna Maria Island. Turn left on Palma Sola Blvd.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473274?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473274?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.97122
  • Price per Sq Ft: 455.01
  • Close to Original List Price Ratio: 0.97122
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Central Vaccum, Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 1120
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Family Room, Formal Dining Room Separate

Exterior Features

  • Direction Faces: East
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Palma Sola Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 78
  • Water Frontage Feet Bay Harbor: 78
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Water Access
  • Association Amenities: Marina, Optional Additional Fees
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Amenities Additional Fees: Marina
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 25
  • Monthly HOA Fee: 2.08
  • Total Monthly Fees: 2.08

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: RSF3/HA
  • Parcel Number: 3867400008
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Flood Zone Code: VE
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 12677
  • Tax Block: 8
  • Tax Book Number: 2-122
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 31, 2020
Sold by
Dowhie Robin J and Farragher Janette E
Bought by
Galati Michael Anthony and Galati Mary Ellen
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Kym Paxton
KW SUNCOAST
List Price
$1,390,000
Sold Price
$1,350,000
Premium/Discount to List
-$40,000
-2.88%
Current Estimated Value
$1,750,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,038
Avg. Annual Appreciation
5.17%
Original Mortgage
$1,012,500
Outstanding Balance
$898,527
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$851,511

Purchase Details

Closed on
Nov 21, 1997
Sold by
Cobb James
Bought by
Cobb James

Purchase Details

Closed on
Oct 17, 1997
Sold by
Cobb James
Bought by
Cobb James
Source: Public Records

Range of Values:

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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
Galati Michael Anthony $1,350,000 Attorney
Cobb James -- --
Cobb James $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galati Michael Anthony $1,012,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,350,000 -2.9% $455 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $1,390,000 -- $468 / 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 $21,158 $1,108,204 $1,020,000 $88,204
2024 $21,158 $1,564,420 -- --
2023 $20,994 $1,518,854 $0 $0
2022 $14,021 $1,074,256 $625,000 $449,256
2021 $13,460 $939,833 $625,000 $314,833
2020 $13,212 $877,586 $625,000 $252,586
2019 $12,677 $831,406 $625,000 $206,406
2018 $13,065 $846,221 $625,000 $221,221
2017 $12,561 $855,412 $0 $0
2016 $11,784 $787,520 $0 $0
2015 $10,059 $734,640 $0 $0
2014 $10,059 $642,608 $0 $0
2013 $9,522 $598,539 $387,600 $210,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4473274

Stellar MLS

APN: 38674-0000-8