NOT LISTED FOR SALE

Estimated Value: $2,818,000 - $4,233,000

4 Beds
5 Baths
4,061 Sq Ft
$885/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $2,425,000 $597 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $21,992/month

109 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Access to Bay or Harbor
  • Boat Lift
  • St. Petersburg High School Rated A
  • Boat Slip Deeded
  • Oak Trees

About This Home

As of November 2019

Welcome to this meticulously restored historic Russell Pancoast estate-style property located on Snell Isle’s coveted Brightwaters Blvd. This gated property is nestled on .34 lush acres and boasts 100’ of protected sailboat depth water with direct access to Tampa Bay (no bridges). The stunning Coastal style home features solid masonry construction, concrete tile roof, updated electrical, all new plumbing & hardware fixtures, kitchen, central A/C, custom plantation shutters, and tropical landscaping. The home’s interior boasts a gorgeous kitchen with new Carrara marble countertops & backsplash, stainless Wolf gas range, Thermador double oven, Sub-Zero refrigerator, porcelain tile floors, breakfast banquette & ample storage. The 1st floor features 10’ ceilings, original Keystone coral floors, formal living & dining room, fireplace, den with half bath, waterside Florida room, new powder room & laundry room, and an en-suite bedroom with new full bath. The 2nd floor includes a gorgeous master bedroom and brand new master bathroom. From the master bedroom, walk-out to the new oversized 2nd floor deck with views of Tampa Bay! The upstairs hosts two well-appointed guest rooms that share a beautiful period-style Jack-n-Jill bath. Relax and entertain on your oversized sparkling pool deck or sail out to Tampa Bay from the dock complete with water, electric, and boat lift. This truly is an unsurpassed opportunity to live the glamorous life just minutes from downtown St. Pete! Seller is licensed Florida Realtor.

Last Agent to Sell the Property

Frank Malowany

SMITH & ASSOCIATES REAL ESTATE License #418741 Listed on: 06/25/2019

SMITH & ASSOCIATES REAL ESTATE

Co-Listed By

Rebecca Malowany

SMITH & ASSOCIATES REAL ESTATE License #3207116

Last Buyer's Agent

Chris Hounchell

RE/MAX METRO License #3080652

RE/MAX METRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,826

Year Built

  • Built in 1938

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northeast Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Oak Trees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,061 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Shutters
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Inside Utility
  • Laundry Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • City Lot

Schools

  • North Shore Elementary School
  • John Hopkins Middle School
  • St. Petersburg High School

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Russell Pancoast
  • Snell Isle Brightwaters Sec 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,826

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4061
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1938
  • Building Area Total: 5141
  • Lot Size Sq Ft: 14819
  • Directions to Property: SNELL ISLE BLVD NE TO PALOMA ST NE - TAKE TO BRIGHTWATERS BLVD NE, TURN LEFT AND FOLLOW TO ADDRESS. SEE SIGN.
  • Status: Sold
  • Street Post Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8050245?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8050245?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97
  • Price per Sq Ft: 597.14
  • Close to Original List Price Ratio: 0.97
  • Ratio: Current Price\Building Area Total: 471.7
  • View: Yes
  • Co List Office Mls Id: 260011856
  • Co List Office Phone: 727-342-3800
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Other, Porcelain Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Shutters, Thermal Windows
  • Street Number Modifier: 1255
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Florida Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage
  • Pool Features: Gunite, In Ground, Lighting
  • Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Tampa Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Canal
  • Water Access: Bay/Harbor, Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift, No Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0236G
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Guest, On Street, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sprinkler Recycled
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: North Shore Elementary-PN
  • High School: St. Petersburg High-PN
  • Middle Or Junior School: John Hopkins Middle-PN

Lot Info

  • Zoning: SFR
  • Parcel Number: 08-31-17-83376-000-2620
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, In County, Oversized Lot
  • Lot Dimensions: 100 x 150
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Russell Pancoast

Rental Info

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

Tax Info

  • Tax Annual Amount: 14826
  • Tax Block: 000
  • Tax Book Number: 13-74
  • Tax Lot: 262

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Nov 7, 2019
Sold by
May James B and May Roma C
Bought by
Gibbs B Gray B and Gibbs Bobbye
Seller's Agent
Frank Malowany
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Chris Hounchell
RE/MAX METRO
List Price
$2,500,000
Sold Price
$2,425,000
Premium/Discount to List
-$75,000
-3%
Current Estimated Value
$3,594,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,266
Avg. Annual Appreciation
8.57%
Original Mortgage
$1,818,750
Outstanding Balance
$1,618,708
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$2,306,544

Purchase Details

Listed on
Nov 6, 2017
Closed on
Mar 1, 2018
Sold by
Ballard William C and Ballard Marion U
Bought by
May James B and May Roma C
Seller's Agent
Bonnie Strickland
Buyer's Agent
Frank Malowany
SMITH & ASSOCIATES REAL ESTATE
List Price
$2,199,000
Sold Price
$2,100,000
Premium/Discount to List
-$99,000
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%
Original Mortgage
$1,470,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gibbs B Gray B $2,425,000 Fidelity Natl Ttl Of Fl Inc
May James B $2,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs B Gray B $1,818,750
Previous Owner May James B $556,000
Previous Owner May James B $1,470,000
Previous Owner May James B $564,350
Previous Owner Ballard William C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $2,425,000 -3.0% $597 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $2,500,000 +19.0% $616 / Sq Ft
03/02/2018 03/02/18 Sold $2,100,000 -4.5% $517 / Sq Ft
11/12/2017 11/12/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $2,199,000 -- $541 / 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 $36,128 $1,917,632 -- --
2023 $36,128 $1,861,779 $0 $0
2022 $35,357 $1,807,552 $0 $0
2021 $35,998 $1,754,905 $0 $0
2020 $36,105 $1,730,676 $0 $0
2019 $26,096 $1,252,907 $0 $0
2018 $14,826 $724,989 $0 $0
2017 $14,707 $710,077 $0 $0
2016 $14,591 $695,472 $0 $0
2015 $14,792 $690,638 $0 $0
2014 $14,725 $685,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8050245

Stellar MLS

APN: 08-31-17-83376-000-2620