NOT LISTED FOR SALE

Estimated Value: $663,000 - $909,088

3 Beds
2.5 Baths
1,456 Sq Ft
$546/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $262,500 $180 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $5,030/month

111 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Home fronts a lagoon or estuary
  • Deck
  • Water access To Gulf or Ocean
  • Lagoon View
  • Wood Flooring

About This Home

As of August 2013

CORPORATE OWNED 3 bedroom, 2.5 bath home located on a 0.25 acre lot in Palm Island Estates. NEW CARPET! FRWSH PAINT!! GULF ACCESS!! The main floor features wood flooring throughout with carpet in the living room. 2 sets of French doors lead from the living room & dining area to the wrap-around deck & amazing water views.. perfect for entertaining!! Relax on the private boat dock while enjoying the gorgeous Florida sunsets. Don't miss this opportunity to own a piece of paradise! The only way to get onto the island is by ferry. Property owners and residents of the island can buy an annual pass for $2200 or an annual golf cart pass for $800. See attached ferry fee structure for details. Being sold AS-IS, WHERE-IS. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. All room dimensions are approximate and need to be verified by the buyer.

Last Agent to Sell the Property

Robert Cuccinello

HOMES AND LAND BROKERS INC License #3055111 Listed on: 04/10/2013

Last Buyer's Agent

Robert Cuccinello

HOMES AND LAND BROKERS INC License #3055111 Listed on: 04/10/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,281

Year Built

  • Built in 1992

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80.0x135.0
  • Home fronts a lagoon or estuary
  • 80 Feet of Waterfront
  • Street terminates at a dead end
  • Northeast Facing Home
  • Mature Landscaping
  • Property is zoned RSF3.5

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,456 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • French Doors
  • Inside Utility
  • Lagoon Views

Kitchen

  • Range
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Lagoon or Estuary
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • Septic Tank

Community Details

  • Palm Island Estates (941) 830 8936 Association
  • Palm Island Estates Community
  • Palm Island Ests Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,281

Year Built

Built in 1992

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1456
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 1696
  • Lot Size Sq Ft: 10890
  • Directions to Property: Going South on Placida Rd (775), turn right on Panama Blvd. Take the ferry onto the island. Left onto S Gulf Blvd. Left onto Bocilla Dr. Property is on the right side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037340
  • RATIO Current Price By Calculate: 180.29
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2012
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Solid Wood Cabinets, Wet Bar
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Street Number Modifier: 211
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage
  • Exterior Features: French Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: BOCILLA LAGOON
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Gulf/Ocean,Lagoon
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 80

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Underground Utilities
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association Name: Palm Island Estates (941) 830-8936
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 40.00
  • Total Monthly Fees: 3.33

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412033328003
  • Additional Parcels: No
  • Lot Features: Street Dead-End, Unpaved
  • Lot Dimensions: 80.0X135.0
  • Flood Zone Code: VE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-08-29T00:00:00.000

Tax Info

  • Tax Annual Amount: 6281
  • Tax Block: C
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
Aug 21, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Mihailescu Gheorghe and Mihailescu Cristina Ioanna
Seller's Agent
Robert Cuccinello
HOMES AND LAND BROKERS INC
Buyer's Agent
Robert Cuccinello
HOMES AND LAND BROKERS INC
List Price
$309,900
Sold Price
$262,500
Premium/Discount to List
-$47,400
-15.3%
Current Estimated Value
$795,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,022
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Mar 8, 2013
Sold by
Cooper Deborah D and Suntrust Bank
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 28, 1998
Sold by
Cooper James L and Cooper Mary H
Bought by
Cooper Deborah D

Purchase Details

Closed on
May 1, 1998
Sold by
Cooper Lawrence D
Bought by
Cooper Deborah D
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
Mihailescu Gheorghe $262,500 Attorney
Deutsche Bank National Trust Company $220,100 Attorney
Cooper Deborah D -- --
Cooper Deborah D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Deborah D $50,000
Previous Owner Cooper Deborah D $424,000
Previous Owner Cooper Deborah D $73,000
Previous Owner Cooper Deborah D $310,000
Previous Owner Cooper Deborah D $75,000
Previous Owner Cooper Deborah D $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Off Market $262,500 -- --
08/29/2013 08/29/13 Sold $262,500 -15.3% $180 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $309,900 0.0% $213 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/10/2013 05/10/13 Price Changed $309,900 -8.3% $213 / Sq Ft
04/10/2013 04/10/13 For Sale $337,900 -- $232 / 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 $8,319 $430,393 $0 $0
2022 $7,960 $417,857 $0 $0
2021 $7,958 $405,686 $109,888 $295,798
2020 $7,908 $401,457 $106,454 $295,003
2019 $8,193 $418,423 $0 $0
2018 $7,732 $410,621 $103,020 $307,601
2017 $8,210 $404,808 $103,020 $301,788
2016 $7,752 $369,277 $0 $0
2015 $7,247 $335,706 $0 $0
2014 $6,602 $305,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5153402

Stellar MLS

APN: 412033328003