NOT LISTED FOR SALE

Estimated Value: $2,584,000 - $4,715,000

3 Beds
5 Baths
2,606 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $850,000 $326 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $19,285/month

74 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Lift
  • Full Bay or Harbor Views
  • Lake Park Elementary School Rated A
  • Private Pool
  • Deck

About This Home

As of June 2012

Short Sale. However both the seller and the list price have been approved and are acceptable to the short sale lender, so a quick closing is possible. Beautiful home in the sought after boating community of Royal Harbor. Has quick gulf access and only 10 minute cruise to Naples Bay. Two boat docks with lifts - one about 12,000-12,000 lbs capacity (20 footer) and the other about 25,000+ lbs capacity (30 footer). 20 foot ceilings. Master suite is down stairs. Two bedrooms plus a home office (currently used as another bedroom) upstairs. A half bath by the pool/spa and another half bath downstairs near the living area. May need a couple items repaired, but well below value. This short sale seller has been pre-approved and only the sale price needs approval, so a quick closing is possible. Buyer must be pre-approved with Impac, if financing this purchase (contact me for Impac contact info). Preapprovals must be submitted with all offers. The Buyer may be eligible for specific financing inducements if the financing of the purchase is obtained through Impac. To request an inducement it should be specifically included in the written offer.

Last Agent to Sell the Property

Gregg Rappaport

PARADISE REALTY OF SARASOTA License #0705027 Listed on: 12/16/2011

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • 50 Feet of Waterfront
  • Property fronts a freshwater canal
  • Irrigation
  • Property is zoned SINGLE FAM

Parking

  • 2 Car Garage
  • Circular Driveway

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Steel Frame
  • Tile Roof

Interior Spaces

  • 2,606 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Inside Utility
  • Laundry in unit
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Outdoor Features

  • No Fixed Bridges
  • Access to Freshwater Canal
  • Seawall
  • Boat Lift
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Royal Harbor Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 1 / 16
  • Assessor Parcel Number 18317360001

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Frame
  • Fireplace: Yes
  • Living Area: 2606
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1997
  • Lot Size Sq Ft: 10454
  • Directions to Property: from Marlin Dr. continue to your left on Tarpon Rd. Then right on Kingfiosh to Cobia.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.94455
  • Price per Sq Ft: 326.17
  • Close to Original List Price Ratio: 0.94455
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Other, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Street Number Modifier: 1255
  • Room Count: 3
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial, Canal
  • Water Access: Canal - Freshwater, Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 50

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Optional

Lot Info

  • Zoning: SINGLE FAM
  • Parcel Number: 18317360001
  • Additional Parcels: No
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-06-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 981102
  • Tax Block: 16
  • Tax Book Number: 12
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Freshwater, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2017
Sold by
Horner Dennis J and Horner Cheryl L
Bought by
Horner Dennis J and Horner Cheryl L
Current Estimated Value
$3,463,257

Purchase Details

Listed on
Dec 16, 2011
Closed on
Jun 14, 2012
Sold by
Jones Falconer and Jones Brigitte
Bought by
Horner Dennis J and Horner Cheryl L
Seller's Agent
Gregg Rappaport
PARADISE REALTY OF SARASOTA
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$637,500
Outstanding Balance
$441,810
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$3,021,447

Purchase Details

Closed on
Feb 8, 2006
Sold by
Park Edward C and Cronk Mark W
Bought by
Jones Falconer and Jones Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2004
Sold by
Schneider Maurice Stephen and Schneider Connie
Bought by
Park Edward C and Cronk Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2001
Sold by
Flanagan John C and Flanagan Linda K
Bought by
Schneider Maurice Stephen and Schneider Connie Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,800
Interest Rate
7.05%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Sadowsky Manfred and Sadowsky Karin
Bought by
Flanagan John C and Flanagan Linda K
Source: Public Records

Range of Values:

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Average Value
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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
Horner Dennis J -- Attorney
Horner Dennis J $850,000 Title365
Jones Falconer $1,550,000 None Available
Park Edward C $1,350,000 Beachfront Title
Schneider Maurice Stephen $1,106,000 --
Flanagan John C $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horner Dennis J $637,500
Previous Owner Jones Falconer $1,160,000
Previous Owner Park Edward C $999,000
Previous Owner Schneider Maurice Stephen $884,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $850,000 0.0% $326 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $850,000 -- $326 / 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 $11,090 $1,226,731 -- --
2024 $10,909 $1,192,158 -- --
2023 $10,909 $1,157,435 $0 $0
2022 $11,178 $1,123,723 $0 $0
2021 $11,325 $1,090,993 $0 $0
2020 $11,053 $1,075,930 $0 $0
2019 $10,909 $1,051,740 $0 $0
2018 $10,679 $1,032,130 $0 $0
2017 $10,509 $1,010,901 $0 $0
2016 $10,328 $990,109 $0 $0
2015 $9,445 $885,844 $0 $0
2014 $9,475 $828,813 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3953202

Stellar MLS

APN: 18317360001