NOT LISTED FOR SALE

116 Phillips Way Palm Harbor, FL 34683

Estimated Value: $1,078,000 - $1,289,657

3 Beds
3 Baths
2,555 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $850,000 $333 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,763/month

Highlights

  • Dock has access to electricity
  • Water access To Gulf or Ocean
  • Gunite Pool
  • Sutherland Elementary School Rated A-
  • Boat Lift
  • Ocean To Bay Views

About This Home

As of September 2024

OUTFOOR FLORIDA LIVING AT ITS BEST! 75 FEET OF DIRECT GULF OF MEXICO ACCESS AND VIEWS! POOL, HEATED JACUZZI, OUTDOOR KITCHEN, UPPER AND LOWER DECKS AND PORCHES, COVERED BOATLIFT WITH DAVITS. Fabulous Key West style home in the "hidden" Palm Harbor neighborhood of INDIAN BLUFF ISLAND. Three car garage with beautiful pavered driveway and lighted stairway to entryway. This is an updated open style home with great outdoor areas! Featuring an open kitchen with water view patio, gorgeous, large granite island with plenty of seating, even the kitchen sink has awesome views! Laundry room with washer and dryer plus plenty of storage. Two downstairs bedrooms and full bath. Kitchen is open to great room with soaring ceilings and beautiful fireplace, hardwood flooring leading to another open room with walls of sliders open to the second floor wrap around porch overlooking the pool and boat house areas. Skylights, open stairwells and hallways, key west style ceilings throughout second floor. Master bedroom features a large private deck overlooking the gulf and has a HUGE closet, truly another room. Located in the fabulous Palm Harbor school district.

Last Agent to Rent the Property

Lynda Kelly

BAYSIDE PROPERTY MGMT. & REAL Brokerage Phone: 727 940-5026 License #487931 Listed on: 08/06/2024

Last Renter's Agent

Lynda Kelly

BAYSIDE PROPERTY MGMT. & REAL Brokerage Phone: 727 940-5026 License #487931 Listed on: 08/06/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 94x110
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 2,555 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility
  • Ocean To Bay Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Above Ground Spa
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Davits
  • Seawall
  • Boat Lift
  • Covered Boat Lift
  • Dock has access to electricity
  • Covered Dock
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill

Schools

  • Sutherland Elementary School
  • Palm Harbor Middle School
  • Palm Harbor Univ High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Indian Bluff Island Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $7,000
  • Property Available on 8/10/24
  • Tenant pays for cleaning fee
  • The owner pays for grounds care, pool maintenance
  • 12-Month Minimum Lease Term
  • $75 Application Fee
  • Assessor Parcel Number 26-27-15-42624-002-0160

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

10,149 Sq Ft Lot

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Number Limit, Pet Deposit, Size Limit
  • Available Date: 2024-08-10
  • Terms Of Lease: No Smoking,Security Deposit Required
  • Long Term YN: 1
  • Security Deposit: 7000
  • Pet Deposit Fee: 400
  • Pet Fee Non Refundable: 45
  • Additional Applicant Fee: 75

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: Yes
  • Living Area: 2555
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 5467
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10149
  • Owner Pays: Grounds Care, Pool Maintenance
  • Tenant Pays: Cleaning Fee
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 507.90
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 2.54
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Covered,Dock - Wood,Dock w/Electric,Lift
  • MFR_DockYN: 1
  • Attribution Contact: 727 940-5026
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Travertine, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Open Floorplan, PrimaryBedroom Upstairs, Skylight(s), Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Inside Utility
  • Living Area Meters: 237.37

Exterior Features

  • Pool Features: Auto Cleaner, Gunite
  • Exterior Features: Balcony, Irrigation System, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: None
  • Water Access: Gulf/Ocean
  • Water Extras: Davits,Lift,Lift - Covered,Seawall - Concrete
  • Water View: Gulf/Ocean to Bay
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: No aggressive breeds.
  • Max Pet Weight: 50
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 75

Schools

  • Elementary School: Sutherland Elementary-PN
  • High School: Palm Harbor Univ High-PN
  • Middle Or Junior School: Palm Harbor Middle-PN

Lot Info

  • Parcel Number: 26-27-15-42624-002-0160
  • Lot Features: Paved
  • Lot Dimensions: 94x110
  • Property Attached Yn: No

Multi Family

  • Waterfront Features: Gulf/Ocean to Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
Jul 11, 2018
Sold by
Gray Malcolm and Poole Elaine
Bought by
Swanson Kristina
Seller's Agent
Conor ONeill
BLAKE REAL ESTATE INC
Buyer's Agent
Conor ONeill
BLAKE REAL ESTATE INC
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,182,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,664
Avg. Annual Appreciation
4.39%
Original Mortgage
$680,000
Outstanding Balance
$586,846
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$595,818

Purchase Details

Closed on
Aug 7, 2014
Sold by
Moore Eugene W and Moore Maureen E
Bought by
Gray Malcolm and Poole Elaine

Purchase Details

Closed on
Sep 30, 2010
Sold by
Drozdyk John and Drozdyk Kim
Bought by
Moore Eugene W and Moore Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2004
Sold by
Drozdyk John and Drozdyk Kim
Bought by
Drozdyk John and Drozdyk Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1995
Sold by
Juniper Linda S
Bought by
Drozdyk John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
8.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swanson Kristina $850,000 Fidelity National Title Of F
Gray Malcolm $510,000 Albritton Title Inc
Moore Eugene W $353,500 Westchase Title Llc
Drozdyk John -- American National Title Serv
Drozdyk John $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Kristina $680,000
Previous Owner Moore Eugene W $239,500
Previous Owner Drozdyk John $172,900
Previous Owner Drozdyk John $170,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Rented $6,500 -5.8% --
08/06/2024 08/06/24 For Rent $6,900 +15.1% --
10/12/2023 10/12/23 Rented $5,995 0.0% --
09/20/2023 09/20/23 Price Changed $5,995 -7.8% $2 / Sq Ft
08/14/2023 08/14/23 For Rent $6,500 +44.6% --
09/10/2018 09/10/18 Rented $4,495 0.0% --
08/09/2018 08/09/18 Price Changed $4,495 -9.6% $2 / Sq Ft
07/17/2018 07/17/18 For Rent $4,975 0.0% --
07/12/2018 07/12/18 Sold $850,000 0.0% $333 / Sq Ft View Prior Sale
04/19/2018 04/19/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $850,000 -- $333 / Sq Ft
Source: Stellar MLS

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 $19,312 $1,210,201 $648,113 $562,088
2024 $17,117 $1,336,256 $827,355 $508,901
2023 $17,117 $1,084,307 $642,323 $441,984
2022 $14,541 $797,165 $448,889 $348,276
2021 $14,421 $754,673 $0 $0
2020 $13,986 $721,642 $0 $0
2019 $12,952 $661,989 $355,501 $306,488
2018 $10,825 $547,789 $0 $0
2017 $10,512 $543,535 $0 $0
2016 $9,996 $532,047 $0 $0
2015 $8,851 $423,906 $0 $0
2014 $6,495 $348,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8252576

Stellar MLS

APN: 26-27-15-42624-002-0160

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