NOT LISTED FOR SALE

12926 Yacht Club Place Cortez, FL 34215

Estimated Value: $1,385,406 - $2,234,000

4 Beds
3.5 Baths
3,124 Sq Ft
$546/Sq Ft Est. Value

Last Sold October 01, 2012

Last sale price $856,547 $274 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,262/month

227 Days on Market

Highlights

  • White Water Ocean Views
  • Deeded Boat Dock
  • Gated Community
  • Property fronts an intracoastal waterway
  • Indoor Pool
  • Open Floorplan

About This Home

As of October 2012

Active with Contract. As Sarasota Magazine's article states,"There Is No Place Like Cortez," a historically rich fishing village on the ICW. Likewise, there is no place Like The Cove Sound Yacht Club - a gated boating enclave of only 13 upscale homes. Each Key West style home's elevation was created by the noted architect Emile Anne Smith. In particular, this custom home is located just one home in from the ICW, next to a multi-million dollar home. The open floor plan offers water views from just about every window. The home features quality kitchen appliances (Like a "Wolf" range), custom knotty wood "Alder" cabinets and granite counters. The master bedroom, and 4th bedroom/den, are on the first living level. The large second, and third bedrooms with separate baths, and the spacious loft (shown in the Virtual Tour with two computer desks), make up the second living level. So visiting guests and grandchildren could be afforded their own private living level with zone A/C. The boat slip, with 10,000 lbs. lift, is behind the home. The slip is located in the area's best hurricane protected marina and provides a straight shot to the ICW and Gulf pass.

Last Agent to Sell the Property

James Adamson

ALLIANCE GROUP LIMITED Brokerage Phone: 941-360-7777 License #0191772 Listed on: 12/30/2011

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Wendy & Josh Lynn

EXP REALTY LLC License #3211135

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,083

Year Built

  • Built in 1999

Lot Details

  • 10,193 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Historic Home
  • Property is zoned PDMU/C

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Siding
  • Pile Dwellings

Interior Spaces

  • 3,124 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Flood Zone Lot

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7602501509

Community Details

Overview

  • Cove Sound Yacht Club Community
  • Cove Sound Yacht Club Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,083

Year Built

Built in 1999

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historic, Key West
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 3124
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 4508
  • Lot Size Sq Ft: 10193
  • Directions to Property: From Cortez Rd., turn right just before the Cortez Bridge. Wind along the bay to the end of the road. Cove Sound Yacht Club's gated entry is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1047486
  • RATIO Current Price By Calculate: 274.18
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Dock,Water Access
  • Attribution Contact: 941-360-7777
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Oven, Range, Range Hood, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 4
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 12926
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 290.23
  • Room Count: 8

Exterior Features

  • Pool Features: Indoor
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY & ICW
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Sailboat Water
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Oversized, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Gas, Public, Street Lights
  • Cooling: Zoned
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Amenities: Gated, Security
  • Association Fee: 1650
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1650.00
  • Total Monthly Fees: 137.50

Lot Info

  • Zoning: PDMU/C
  • Parcel Number: 7602501509
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, FloodZone
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-10-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 7083
  • Tax Book Number: 0031/0091
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2011
Closed on
Oct 1, 2012
Sold by
Borne Robert P and Borne Jane
Bought by
Poitrast James A and Poitrast Mary E
Seller's Agent
James Adamson
ALLIANCE GROUP LIMITED
Buyer's Agent
Wendy & Josh Lynn
EXP REALTY LLC
List Price
$856,547
Sold Price
$856,547
Current Estimated Value
$1,704,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,805
Avg. Annual Appreciation
5.12%
Original Mortgage
$417,000
Outstanding Balance
$296,521
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,333,614

Purchase Details

Closed on
Aug 31, 1998
Sold by
C S Y C Prop Inc
Bought by
Borne Robert P and Borne Jane
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
Poitrast James A $856,547 Attorney
Borne Robert P $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poitrast James A $417,000
Closed Poitrast James A $225,410
Previous Owner Borne Robert P $350,000
Previous Owner Borne Robert P $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2012 10/01/12 Sold $856,547 0.0% $274 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
12/30/2011 12/30/11 For Sale $856,547 -- $274 / 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 $10,040 $728,931 -- --
2023 $9,902 $705,966 $0 $0
2022 $9,672 $685,404 $0 $0
2021 $9,316 $665,441 $0 $0
2020 $9,620 $656,253 $0 $0
2019 $9,498 $641,499 $0 $0
2018 $9,425 $628,556 $0 $0
2017 $8,785 $615,628 $0 $0
2016 $8,285 $572,365 $0 $0
2015 $8,406 $568,386 $0 $0
2014 $8,406 $563,875 $0 $0
2013 $8,386 $555,542 $154,500 $401,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5826194

Stellar MLS

APN: 76025-0150-9