NOT LISTED FOR SALE

120 Neptune Ln Holmes Beach, FL 34217

Estimated Value: $3,267,807 - $3,647,000

5 Beds
5.5 Baths
2,627 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $1,950,000 $742 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $21,182/month

64 Days on Market

Highlights

  • Heated Indoor Pool
  • Partial Gulf or Ocean Views
  • Deck
  • Anna Maria Elementary School Rated A-
  • Open Floorplan
  • Property is near public transit

About This Home

As of May 2018

"LAZY LAGOON" is the PERFECT Anna Maria Island beach house just one block to the beach WEST of Gulf Drive and on a private end street. You can have it ALL with this SPECTACULAR furnished 5B/5.1B British West Indies single family home w/2627 sq.ft. under air and 4958 sq.ft. total. Brand NEW construction in 2016. This home is professionally decorated featuring coastal furnishings. The stunning kitchen has solid wood cabinets, Quartz counter-tops, an Apron sink and stainless steel appliances. You will absolutely love the open floor plan on the main living level and spacious deck that overlooks the oversized pool/spa and tropical PRIVATE backyard. Beautiful hardwood flooring throughout the entire home. The Master Bedroom suite on the second level offers a luxurious bathroom with oversized shower, double sinks with quartz counter tops and wood cabinets, a garden tub ideal for soaking away the cares of your day and a HUGE walk in closet with enough room for HIS wardrobe too. The third level has a 2nd master suite and 2 more bedrooms en-suite. Enjoy your private HEATED salt pool & SPA in a tropical setting along with a covered area with a pool table, bar and TV area for watching your favorite sports. Finish off the day on the amazing spacious roof top deck for an afternoon sunset in paradise! There is a 3 car garage & plenty of storage for your bikes and beach toys! If you are looking for a NEWER home w/weekly rentals, close to beach, & GULF views THIS IS IT!

Last Agent to Sell the Property

Cindy Quinn

SATO REAL ESTATE INC. License #0666786 Listed on: 02/13/2018

Co-Listed By

Greg Bayer

ANNA MARIA ISLAND BEACHES RE License #3217281

Last Buyer's Agent

Ron Tauro

CHROME REALTY LLC License #3325260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,390

Year Built

  • Built in 2016

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 115x60
  • East Facing Home
  • Property is zoned R2

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Key West Architecture
  • Tri-Level Property
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,627 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Wood Flooring
  • Partial Bay or Harbor Views

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower
  • Pool Tile

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

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

Community Details

  • No Home Owners Association
  • Edgemere Sub Community
  • Edgemere Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,390

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2627
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 4958
  • Lot Size Sq Ft: 6900
  • Directions to Property: Gulf Drive to left on White Avenue to first left on Neptune Lane. Home is on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209377&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4209377&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 742.29
  • Close to Original List Price Ratio: 0.95122
  • Ratio: Current Price\Building Area Total: 393.3
  • View: Yes
  • Co List Office Mls Id: 266509819
  • Co List Office Phone: 941-567-5234
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 120
  • Room Count: 4
  • Additional Rooms: Bonus Room, Family Room, Florida Room, Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water, Tile
  • Exterior Features: Sliding Doors, Balcony, Outdoor Shower, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Gulf/Ocean - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0138E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R2
  • Parcel Number: 7116700059
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Lot Dimensions: 115x60
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 18390
  • Tax Book Number: 7,-15
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
May 25, 2018
Sold by
Gulf Coast Development And Services Llc
Bought by
Pipak Richard E and Pipak Nicolette M
Seller's Agent
Cindy Quinn
SATO REAL ESTATE INC.
Buyer's Agent
Ron Tauro
CHROME REALTY LLC
List Price
$2,050,000
Sold Price
$1,950,000
Premium/Discount to List
-$100,000
-4.88%
Current Estimated Value
$3,437,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,487,936
Avg. Annual Appreciation
7.92%
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
Pipak Richard E $1,950,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2018 05/25/18 Sold $1,950,000 -13.3% $742 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $2,250,000 +9.8% $856 / Sq Ft
02/13/2018 02/13/18 For Sale $2,050,000 -- $780 / 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 $38,247 $2,235,800 -- --
2024 $38,247 $3,187,660 $1,112,650 $2,075,010
2023 $37,538 $3,189,165 $1,112,650 $2,076,515
2022 $31,852 $2,486,358 $654,500 $1,831,858
2021 $24,304 $1,527,081 $559,300 $967,781
2020 $24,036 $1,437,889 $520,000 $917,889
2019 $24,172 $1,437,889 $520,000 $917,889
2018 $21,089 $1,325,171 $520,000 $805,171
2017 $18,390 $1,213,209 $0 $0
2016 $16,685 $1,037,751 $0 $0
2015 -- $405,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4209377

Stellar MLS

APN: 71167-0005-9