NOT LISTED FOR SALE

Estimated Value: $5,632,000 - $7,502,112

5 Beds
6.5 Baths
6,520 Sq Ft
$1,001/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $4,450,000 $683 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $41,097/month

188 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Water access To Gulf or Ocean To Bay
  • In Ground Pool
  • Gorrie Elementary School Rated A-
  • New Construction
  • City View

About This Home

As of July 2020

Madison Homes is pleased to present newly waterfront pool home, completed and staged 4/30/2020. Features include a dramatic two-story foyer, spacious 20 x 25 Great Room, 14 x 18 dining room, 14x15 office, 1st floor guest suite and 20x34 Lanai that includes an outdoor grill space. The exceptional kitchen includes two large islands, top-line appliance package, walk-in pantry, home planning station and an adjoining Sous Chef prep area. The second floor offers a 13x15 bonus room, generous laundry room and 16x21 loft with wet bar and French doors opening on to the 20x22 entertainment balcony where you can enjoy tropical breezes and endless sunsets. The 18x20 owner’s retreat features private balcony access, two walk-in closets and a sumptuous master bath. Three junior suites with private baths and walk-in closets complete the second floor. Additional amenities include; all block construction, high impact thermal Windows, salt water pool with spa, paver driveway, pre-wired space for future elevator, wood floors with cork underlayment for added sound proofing, level 4 smooth finish drywall, spray foam insulation ion attic ceiling, split 3 car garage bays and mud room with drop zone. Come live the Florida dream at this Davis Islands waterfront retreat.

Last Agent to Sell the Property

Jeff Shelton

COMPASS FLORIDA LLC License #634923 Listed on: 11/12/2019

COMPASS FLORIDA LLC

Last Buyer's Agent

Wendy Ross

FLORIDA EXECUTIVE REALTY License #3190180

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,714

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x188
  • 75 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Fenced
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RS-75

Parking

  • 3 Car Attached Garage
  • Split Garage

Property Views

  • City
  • Canal

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,520 Sq Ft Home
  • Elevator
  • Wet Bar
  • Bar Fridge
  • Dry Bar
  • Ceiling Fan
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Loft
  • Bonus Room
  • Inside Utility

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Dock made with Composite Material
  • Covered Patio or Porch

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

  • Gorrie Elementary School
  • Wilson Middle School
  • Plant High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Thermostat
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Madison Homes
  • Davis Islands Subdivision, 120 Adalia Floorplan

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,714

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 6520
  • Lot Size Acres: 0.34
  • New Construction: Yes
  • Year Built: 2020
  • Building Area Total: 9105
  • Lot Size Sq Ft: 15188
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3209605?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3209605?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Projected Completion Date: 2020-04-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.98999
  • Price per Sq Ft: 682.52
  • Close to Original List Price Ratio: 0.98999
  • Ratio: Current Price\Building Area Total: 488.74
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2019
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Elevator, Kitchen/Family Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: ENERGY STAR Qualified Windows, Thermal Windows
  • Room Count: 13
  • Additional Rooms: Bonus Room, Formal Dining Room Separate, Great Room, Inside Utility, Loft
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Salt Water
  • Exterior Features: Fenced, French Doors, Irrigation System, Sidewalk
  • Roof: Metal
  • Pool Private: Yes
  • View: City, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean to Bay
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 75
  • Water Frontage Feet Canal Salt: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Split Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Public, Sewer Available, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Gorrie-HB
  • High School: Plant-HB
  • Middle Or Junior School: Wilson-HB

Lot Info

  • Zoning: RS-75
  • Parcel Number: A-25-29-18-509-000006-00060.0
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot, Oversized Lot
  • Lot Dimensions: 75x188
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Madison Homes

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 22714.23
  • Tax Block: 6
  • Tax Book Number: 10/52
  • Tax Lot: 60

Multi Family

  • Waterfront Features: Canal - Saltwater

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Madison Construction Inc
Bought by
120 Adalia Avenue Llc
Current Estimated Value
$6,523,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,105,782
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,417,922

Purchase Details

Closed on
Jan 24, 1995
Sold by
Geiger James A and Geiger Jennie O
Bought by
Mandt Richard D and Mandt Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
120 Adalia Avenue Llc -- Tampa Title Company
Mandt Richard D $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 120 Adalia Avenue Llc $2,400,000
Previous Owner Mandt Richard D $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $4,450,000 -1.0% $683 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $4,495,000 -- $689 / 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
2024 $81,382 $4,828,856 $2,268,000 $2,560,856
2023 $74,605 $4,391,282 $2,025,000 $2,366,282
2022 $67,904 $3,918,080 $1,782,000 $2,136,080
2021 $60,003 $3,019,404 $1,377,000 $1,642,404
2020 $22,509 $1,134,000 $1,134,000 $0
2019 $22,714 $1,134,000 $1,134,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3209605

Stellar MLS

APN: A-25-29-18-509-000006-00060.0