NOT LISTED FOR SALE

2055 Otter Way Palm Harbor, FL 34685

Estimated Value: $537,000 - $699,000

3 Beds
3.5 Baths
2,754 Sq Ft
$224/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $424,000 $154 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,810/month

117 Days on Market

Highlights

  • Open Floorplan
  • Spanish Architecture
  • Den
  • Cypress Woods Elementary School Rated A
  • Stone Countertops
  • Breakfast Room

About This Home

As of November 2019

Welcome home to this totally renovated and move-in ready Brookers Landing home featuring updated flooring throughout, soaring vaulted ceilings, and a bonus space/in-law suite perfect for guests. Host the dinner party of your dreams in the completely remodeled kitchen, with solid surface quartz countertops, stainless steel GE appliances, statement light fixtures, and a classic subway tile backsplash. Relax in the master suite with dual vanities, a soaking tub, and dual walk-in closets. The bathrooms have been upgraded with fresh vanities, modern large-format tile, and polished chrome fixtures, and the bedrooms have been updated with fresh paint and carpet. Enjoy morning coffee on the screened in lanai, overlooking the lush and private backyard.

Last Agent to Sell the Property

Hunter Fendley

BUNGALO License #3408774 Listed on: 06/06/2019

Last Buyer's Agent

Donna Miller

COMPASS FLORIDA LLC License #650724

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1996

Lot Details

  • 6,943 Sq Ft Lot
  • Southwest Facing Home
  • Irrigation
  • Property is zoned RPD-2.5

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,754 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Cypress Woods Elementary School
  • Carwise Middle School
  • East Lake High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Vanguard Management Group, Inc Brenda Milstead Association, Phone Number (813) 955-5888
  • Brookers Landing Ph One Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tax Lot 36
  • Assessor Parcel Number 04-28-16-11868-000-0360

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,800

Year Built

Built in 1996

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2754
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 6943
  • Directions to Property: Head north on E Lake Rd S toward Backwater Trail, Turn right at the 1st cross street onto Backwater Trail, Turn right onto Anglers Crossing, Turn left onto Otter Way, Destination will be on the right
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3178343?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3178343?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 727-800-4076
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 153.96
  • Close to Original List Price Ratio: 0.94222
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 2055
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0079G
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: Vanguard Management Group, Inc- Brenda Milstead
  • Phone: 813-955-5888
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Email: brenda@vanguardmanagementgroup.com
  • Amenities Additional Fees: Buyer & buyer's agent to verify.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Schools

  • Elementary School: Cypress Woods Elementary-PN
  • High School: East Lake High-PN
  • Middle Or Junior School: Carwise Middle-PN

Lot Info

  • Zoning: RPD-2.5
  • Parcel Number: 04-28-16-11868-000-0360
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Rent
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer & buyer's agent to verify.

Tax Info

  • Tax Annual Amount: 3800
  • Tax Block: 000
  • Tax Book Number: 112-15
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 12, 2019
Sold by
Sts Assets 1 Llc
Bought by
Hall Bret E and Onesty Angel Lee
Seller's Agent
Hunter Fendley
BUNGALO
Buyer's Agent
Donna Miller
COMPASS FLORIDA LLC
List Price
$450,000
Sold Price
$424,000
Premium/Discount to List
-$26,000
-5.78%
Current Estimated Value
$617,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,188
Avg. Annual Appreciation
6.60%
Original Mortgage
$411,280
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Mesa Verde Assets Llc
Bought by
Sts Assets 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,283,929
Interest Rate
4.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 5, 2018
Sold by
Peterson Norman A and Peterson Helen
Bought by
Mesa Verde Assets Llc
Seller's Agent
Cindy Fazzini
RE/MAX REALTEC GROUP INC
Buyer's Agent
Spencer Lindahl
MAIN STREET RENEWAL LLC
List Price
$394,900
Sold Price
$389,100
Premium/Discount to List
-$5,800
-1.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Aug 10, 1999
Sold by
Manning Michael T and Manning Holly C
Bought by
Peterson Norman A and Peterson Helen

Purchase Details

Closed on
Nov 12, 1996
Sold by
U S Home Corp
Bought by
Manning Michael T and Manning Holly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
8.13%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Hall Bret E $424,000 Bchh Inc
Sts Assets 1 Llc -- Bchh Inc
Mesa Verde Assets Llc $389,100 None Available
Peterson Norman A $200,000 --
Manning Michael T $191,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Bret E $166,400
Closed Hall Bret E $125,000
Open Hall Bret E $412,300
Closed Hall Bret E $411,280
Previous Owner Sts Assets 1 Llc $45,283,929
Previous Owner Manning Michael T $23,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $424,000 0.0% $154 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/16/2019 08/16/19 Price Changed $424,000 -4.5% $154 / Sq Ft
08/08/2019 08/08/19 Price Changed $444,000 -1.1% $161 / Sq Ft
07/29/2019 07/29/19 Price Changed $449,000 -0.2% $163 / Sq Ft
06/05/2019 06/05/19 For Sale $450,000 +15.7% $163 / Sq Ft
06/06/2018 06/06/18 Sold $389,100 -1.5% $141 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $394,900 -- $143 / 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 $6,015 $376,886 -- --
2023 $6,015 $365,909 $0 $0
2022 $5,849 $355,251 $0 $0
2021 $5,910 $344,904 $0 $0
2020 $5,900 $340,142 $0 $0
2019 $6,557 $329,709 $0 $0
2018 $3,800 $227,080 $0 $0
2017 $3,767 $222,409 $0 $0
2016 $3,734 $217,834 $0 $0
2015 $3,792 $216,320 $0 $0
2014 $3,785 $214,603 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3178343

Stellar MLS

APN: 04-28-16-11868-000-0360