NOT LISTED FOR SALE

Estimated Value: $372,000 - $773,000

2 Beds
2 Baths
924 Sq Ft
$632/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $551,500 $597 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,439/month

4 Days on Market

Highlights

  • Waterfront Community
  • Dock made with wood
  • Public Beach
  • Water access To Gulf or Ocean
  • Boat Slip Deeded
  • In Ground Pool

About This Home

As of May 2022

2 bedroom / 2 bath elevated condo on Palm Island.

Last Agent to Sell the Property

Marcia Cullinan

MICHAEL SAUNDERS & COMPANY License #3297906 Listed on: 04/23/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Marcia Cullinan

MICHAEL SAUNDERS & COMPANY License #3297906 Listed on: 04/23/2022

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,993

Year Built

  • Built in 1983

Lot Details

  • Public Beach
  • Southwest Facing Home
  • Landscaped with Trees
  • Property is zoned BBI

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Woods
  • Pool

Home Design

  • Stilt Home
  • Elevated Home
  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Porcelain Tile

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Workshop in Garage
  • On-Street Parking
  • Parking Garage Space
  • Golf Cart Garage

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Lagoon or Estuary
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Slip Deeded
  • Dock made with wood
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, insurance, maintenance structure, ground maintenance, pool maintenance
  • Island House Community
  • Island House Ph 02 Bldg 03 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,993

Year Built

Built in 1983

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 924
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 924
  • Directions to Property: Palm Island
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6123252?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6123252?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, Stilt Home
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1.1492
  • Price per Sq Ft: 596.86
  • Close to Original List Price Ratio: 1.1492
  • Ratio: Current Price\Building Area Total: 596.86
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Insulated Windows, Window Treatments, Storm Window(s)
  • Street Number Modifier: 180
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage, Workshop
  • Pool Features: In Ground
  • Exterior Features: Lighting, Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Pool, Trees/Woods
  • Water Body Name: Gulf Of Mexico, Intercoastal W
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor, Beach - Public, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Golf Cart Garage, Golf Cart Parking, On Street, Under Building, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Private, Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Golf Carts OK, Water Access, Waterfront
  • Association: No
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1500
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 500
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6000
  • Total Monthly Fees: 500

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028751005
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Condo Docs

Tax Info

  • Tax Annual Amount: 5992.73
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 27, 2022
Sold by
Jardin Deborah A
Bought by
Boysa Charles V and Boysa Emily A
Seller's Agent
Marcia Cullinan
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Marcia Cullinan
MICHAEL SAUNDERS & COMPANY
List Price
$479,900
Sold Price
$551,500
Premium/Discount to List
$71,600
14.92%
Current Estimated Value
$583,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,113
Avg. Annual Appreciation
1.75%

Purchase Details

Closed on
Jun 20, 2011
Sold by
Gordon James D and Gordon Karen D
Bought by
Hensch Melford G and Jardin Deborah A
Source: Public Records

Range of Values:

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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
Boysa Charles V $551,500 Wellbaum & Emery Pa
Hensch Melford G $270,000 Silver King Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boysa Emily A $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $551,500 +14.9% $597 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $479,900 -- $519 / 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 $9,176 $439,824 -- $439,824
2023 $9,176 $439,824 $0 $0
2022 $6,296 $281,173 $0 $281,173
2021 $5,993 $255,255 $0 $255,255
2020 $7,007 $311,018 $0 $311,018
2019 $6,971 $311,018 $0 $311,018
2018 $6,681 $311,018 $0 $311,018
2017 $6,011 $280,388 $0 $0
2016 $6,041 $268,685 $0 $0
2015 $5,513 $244,259 $0 $0
2014 $5,455 $244,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6123252

Stellar MLS

APN: 412028751005