NOT LISTED FOR SALE

Estimated Value: $801,000 - $1,126,000

3 Beds
2 Baths
2,154 Sq Ft
$455/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $640,000 $297 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,374/month

410 Days on Market

Highlights

  • 86 Feet of Waterfront
  • White Water Ocean Views
  • Water access To Gulf or Ocean To Bay
  • Palma Sola Elementary School Rated A-
  • Parking available for a boat
  • Boat Slip Deeded

About This Home

As of August 2019

BELOW APPRAISAL *PRICE REDUCTION ON* Appraisal (attached): Cost Approach $992,300/Sales Approach $850,000. Spacious 2,150 sq.ft. 3BR/2BA Waterfront Old Florida Style residence on Palma Sola Bay. Includes Deep Water Dock & Lift with power & water connected. Residence offers Vacation Living 365 Days a Year. Inside features Front Florida Room with Fantastic Water Views, Spacious Open Floor Plan, Split-Bedroom design and 2nd Florida Room in the back adjacent to the Kitchen& Dining Area. The 2nd Florida Room opens onto the Expansive Fenced Back Yard offering ample space to add a Pool, Garage, Guest House or Storaging your Boat, RV or Trailer. A Waterfront Boating & Fishing Paradise just minutes from the Beautiful Gulf Beaches..."50% FEMA Rule" Appraisal of $570,000, The 50% FEMA Rule Appraisal gives property owners an understanding of how much money they are allowed to spend to Add Onto, Improve, or Repair a property Without Elevating or otherwise bringing the structure into compliance with current FEMA standards. A garage type structure doesn't go against the expansion allowance. This Properties FEMA Appraisal is $570,000 for the "50% FEMA Rule" and equates to $285,000 worth of expansion is Allowed To The Ground Floor. Example: At a construction cost of $250.00 per sq.ft., the additional living space allowed to existing ground floor would be 1,140 sq.ft. for a total of 3,329 sq.ft. Gross Living Area. A lower per Sq. Ft. cost applied would equate to more additional living area.

Last Agent to Sell the Property

Clay O'Steen

O'STEEN GROUP INC License #3207822 Listed on: 06/18/2018

Co-Listed By

Jonathan OSteen

O'STEEN GROUP INC License #3150065

Last Buyer's Agent

Jonathan OSteen

O'STEEN GROUP INC License #3150065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 1963

Lot Details

  • 0.48 Acre Lot
  • 86 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Fruit Trees
  • Property is zoned RSF3/CH

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,154 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Blinds
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Great Room
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • White Water Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway
  • Parking available for a boat

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Fishing Pier
  • No Fixed Bridges
  • Dock has access to water
  • Seawall
  • Rip-Rap
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with Composite Material
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Palma Sola 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
  • Woods Sub Community
  • Woods Sub H W Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,039

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2154
  • Lot Size Acres: 0.48
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2154
  • Lot Size Sq Ft: 21075
  • Directions to Property: Heading west on Manatee Ave. / Proceed to Palma Sola Blvd. and make left / Continue to 1811 Palma Sola Blvd. / Home is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406197&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406197&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: (941) 527-4227
  • Ratio: Close Price\List Price: 0.94118
  • Price per Sq Ft: 297.12
  • Close to Original List Price Ratio: 0.64712
  • Ratio: Current Price\Building Area Total: 297.12
  • View: Yes
  • Co List Office Mls Id: 266509020
  • Co List Office Phone: 941-527-4227
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Terrazzo, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Window Treatments
  • Street Number Modifier: 1811
  • Room Count: 8
  • Additional Rooms: Bonus Room, Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Fenced, French Doors, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Palma Sola Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift, Riprap, Sailboat Water, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0282E
  • Waterfront Frontage: 86
  • Additional Water Information: 700' Deeded with Property. One Boat Lift In Place. Dock Is Permitted For Two Lifts. New Dock Installed in 2009.
  • Water Frontage Feet Bay Harbor: 86
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Driveway, Oversized
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • 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: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • S W Subdiv Condo Num: 2125
  • Association Approval Required YN: No

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: RSF3/CH
  • Parcel Number: 3908400009
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Oversized Lot
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Windows

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4039
  • Tax Book Number: 7-48
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Anderson Holly and Anderson Peter
Bought by
Anderson Peter
Current Estimated Value
$980,470

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 30, 2019
Sold by
Ellsworth W William
Bought by
Anderson Peter N and Anderson Holly E
Seller's Agent
Clay O'Steen
O'STEEN GROUP INC
Buyer's Agent
Jonathan OSteen
O'STEEN GROUP INC
List Price
$680,000
Sold Price
$640,000
Premium/Discount to List
-$40,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$601,087
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 15, 2005
Sold by
Glendening Larrick H and Glendening Betty S
Bought by
Ellsworth W William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1999
Sold by
Kolp Hill Marian Kulp and Kolp Hill Marian
Bought by
Glendening Larrick H and Glendening Betty S
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
Anderson Peter -- Attorney
Anderson Peter -- Attorney
Anderson Peter N $640,000 Barnes Walker Title Inc
Ellsworth W William $830,000 Barnes Walker Title Inc
Glendening Larrick H $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Peter Nathan $489,200
Closed Anderson Peter $601,672
Previous Owner Anderson Peter N $601,087
Previous Owner Ellsworth Walter W $140,000
Previous Owner Ellsworth W William $378,000
Previous Owner Ellsworth Walter William $375,000
Previous Owner Ellsworth W William $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $640,000 -5.9% $297 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $680,000 +6.3% $316 / Sq Ft
06/15/2019 06/15/19 Off Market $640,000 -- --
06/07/2019 06/07/19 Price Changed $680,000 -0.7% $316 / Sq Ft
04/27/2019 04/27/19 Price Changed $685,000 -2.0% $318 / Sq Ft
03/28/2019 03/28/19 Price Changed $699,000 -8.0% $325 / Sq Ft
02/06/2019 02/06/19 Price Changed $760,000 -10.5% $353 / Sq Ft
01/22/2019 01/22/19 Price Changed $849,000 -2.7% $394 / Sq Ft
10/09/2018 10/09/18 Price Changed $873,000 -1.1% $405 / Sq Ft
08/30/2018 08/30/18 Price Changed $883,000 -10.7% $410 / Sq Ft
06/14/2018 06/14/18 For Sale $989,000 0.0% $459 / Sq Ft
02/12/2018 02/12/18 Rented $3,000 -6.3% --
02/11/2018 02/11/18 Under Contract -- -- --
09/02/2017 09/02/17 For Rent $3,200 -- --
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 $880 $618,512 -- --
2024 $880 $601,081 -- --
2023 $7,776 $583,574 $0 $0
2022 $7,480 $566,577 $0 $0
2021 $7,180 $540,026 $190,000 $350,026
2020 $7,835 $518,354 $190,000 $328,354
2019 $4,070 $293,615 $190,000 $328,354
2018 $4,039 $288,140 $0 $0
2017 $3,756 $282,214 $0 $0
2016 $3,752 $276,409 $0 $0
2015 $3,804 $274,488 $0 $0
2014 $3,804 $272,310 $0 $0
2013 $3,790 $268,286 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4406197

Stellar MLS

APN: 39084-0000-9