NOT LISTED FOR SALE

Estimated Value: $2,559,000 - $5,284,000

3 Beds
3 Baths
3,726 Sq Ft
$1,052/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $4,850,000 $1,302 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $27,180/month

58 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Partial Gulf or Ocean Views
  • Great Room
  • Public Beach
  • 1 Acre Lot
  • Den

About This Home

As of February 2022

Upon entering the gated community of Seawatch, you will immediately feel a sense of tranquility. As you wind your way through the majestic Ficus trees that lead to 20 Seawatch Drive, you can’t help but appreciate how these regal trees have been utilized to showcase a variety of beautiful orchids. The owners of 20 Seawatch Drive have further augmented their landscaping with a custom design by Hazeltine Nurseries, enhancing their tropical paradise. Stepping inside, the warmth of the engineered hardwood floors, and the calming views of the Gulf of Mexico, provide an instant, “I’m home” feeling. This beautiful residence has been substantially renovated by McHugh Porter Builders. The thoughtfully redesigned floor plan, with over 3,700 square feet of living space, is one of the largest homes in the community. The main living area has been creatively expanded, creating multiple areas for entertaining, inside, and out. The custom kitchen is a chef’s dream, with a gas cooktop, a generous island, a dry bar, and top-of-the-line Bosch, Sub-Zero and Wolf appliances. If outdoor grilling is your preference, there is plenty of room to do so on the expansive 34-foot-wide sundeck. The main floor hosts 2 guest bedrooms and totally renovated bathrooms. The upper-level master suite includes a private sundeck looking to the Gulf of Mexico, an office/ reading nook, laundry room, redesigned master bath, walk-in closets and a “Seawatch office’ with views that are sure to keep you from getting any work done! A few of the additional highlights include new flooring throughout the home, new interior moldings and trim work, raised ceiling in the kitchen, hurricane rated impact windows in the “Seawatch office”, motorized sunshades over the living room siders, replacement of the air conditioning system, a whole-house dehumidifier and a three-stop elevator. Located on the best shelling beach of the entire island with two heated community pools and two community tennis courts, the list goes on!

Last Agent to Sell the Property

Stacey Alderman

GULF TO BAY SOTHEBY'S INTERNAT License #3076573 Listed on: 11/19/2021

GULF TO BAY SOTHEBY'S INTERNAT

Last Buyer's Agent

Carol Stewart

MICHAEL SAUNDERS & CO. - BOCA License #579066

MICHAEL SAUNDERS & CO. - BOCA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,571

Year Built

  • 1990

Lot Details

  • 1 Acre Lot
  • Public Beach

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • 2

Interior Spaces

  • Great Room
  • Den
  • Inside Utility
  • Partial Bay or Harbor Views

Outdoor Features

  • Water access To Gulf or Ocean

Community Details

  • Seawatch Of Boca Grande Community
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,571

Year Built

1990

Lot Details

0

HOA Fees

$683 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Carport Y N: No
  • Directions: From Boca Grande toll bridge ($6 toll) drive south approximately 1 mile. Turn right on Gulf Shores Drive, follow approximately 1/4 mile, turn right into gulf-side entrance of Seawatch Community. Gate code is required.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Other
  • Subdivision Name: SEAWATCH BOCA GRANDE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6122230?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6122230?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
  • Other Fees Amount: 191
  • Ratio: Close Price\List Price: 0.97487
  • Price per Sq Ft: 1301.66
  • Close to Original List Price Ratio: 0.97487
  • Ratio: Current Price\Building Area Total: 1118.03
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Engineered Hardwood
  • Furnished: Negotiable
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Dormitorio Principal Arriba, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Window Features: Shades, Shutters
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility

Exterior Features

  • Roof: Metal
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Foundation Details: Stilt/On Piling
  • View: Garden, Water
  • Construction Type: Wood Siding
  • Direction Faces: Northeast
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure
  • Lot Features: Flood Insurance Required
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Waterfront: No
  • Water View: Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0367F

Garage/Parking

  • Parking Features: Garage Door Opener
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes

Utilities

  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2000
  • Association Fee Frequency: Quarterly
  • Association Name: Grande Property Services
  • Phone: Tim Freeman
  • Association: Yes
  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated Community, Golf Carts OK, Pool, Tennis Courts, Water Access
  • Pets Allowed: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: TIM@myflmanager.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Association Fee Includes: Community Pool, Maintenance Grounds, Private Road
  • Total Annual Fees: 8191
  • Monthly HOA Fee: 666.67
  • Total Monthly Fees: 682.58

Schools

  • Elementary School: The Island School
  • High School: Port Charlotte High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13844
  • Zoning: RMF5
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Two rentals allowed per year

Tax Info

  • Tax Annual Amount: 25500
  • Tax Book Number: 16-38
  • Tax Lot: 20
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 28, 2022
Sold by
Virginia A Cotherman Revocable Trust
Bought by
Richard G Jennings Iii Revocable Trust
Seller's Agent
Stacey Alderman
GULF TO BAY SOTHEBY'S INTERNAT
Buyer's Agent
Carol Stewart
MICHAEL SAUNDERS & CO. - BOCA
List Price
$4,975,000
Sold Price
$4,850,000
Premium/Discount to List
-$125,000
-2.51%
Current Estimated Value
$3,921,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$928,881
Avg. Annual Appreciation
-6.60%

Purchase Details

Closed on
Jun 15, 2005
Sold by
Lillard John S
Bought by
Cotherman Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 19, 1999
Sold by
Alsop Rachel A
Bought by
Lillard John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 1998
Sold by
Smith Marsha D
Bought by
Aslop Rachel A

Purchase Details

Closed on
Jan 9, 1997
Sold by
Barker Thomas B
Bought by
Smith Barry D and Smith Marsha D
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
Richard G Jennings Iii Revocable Trust $4,850,000 Wideikis Benedict & Berntsson
Cotherman Virginia A $2,050,000 --
Lillard John S $985,000 --
Aslop Rachel A -- --
Aslop Rachel A -- --
Smith Barry D $725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotherman Virginia A $1,290,000
Previous Owner Cotherman Virginia A $580,200
Previous Owner Revocab Richard G Jennings Iii $2,000,000
Previous Owner Cotherman Virginia A $1,640,000
Previous Owner Lillard John S $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $4,850,000 -2.5% $1,302 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $4,975,000 -- $1,335 / 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
2023 $63,571 $3,576,788 $650,250 $2,926,538
2022 $26,451 $1,520,165 $0 $0
2021 $26,597 $1,475,888 $0 $0
2020 $26,411 $1,455,511 $0 $0
2019 $25,962 $1,422,787 $0 $0
2018 $24,364 $1,396,258 $0 $0
2017 $24,182 $1,367,540 $0 $0
2016 $24,089 $1,339,412 $0 $0
2015 $24,190 $1,329,770 $0 $0
2014 $19,101 $1,013,101 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6122230

Stellar MLS

APN: 422027477002