NOT LISTED FOR SALE

Estimated Value: $1,134,150 - $1,185,000

2 Beds
2 Baths
1,132 Sq Ft
$1,029/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2020

Last sale price $487,500 $431 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $7,163 / mo

97 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Sun or Florida Room
  • Anna Maria Elementary School Rated 9+
  • Ranch Style House
  • Furnished

About This Home

As of July 2020

Welcome to the LIME Cottage Beach House!!! Here is a great opportunity to own a ground level Island style home that offers fantastic rental income – average income since 2013 has been $50K a year gross. This property offers a great layout and a wonderful tropical style pool. This property is less than a three-minute stroll from the sugar sand beaches and spectacular sunsets of the Gulf on beautiful Anna Maria Island. The private landscaped backyard with heated swimming pool is a true plus. This property offers two bedrooms and two bathrooms. The cottage is bright and open with plenty of windows to let in natural light. In the front is a spacious dining area and kitchen. In addition to the living room, there is a separate Florida room to relax in. The property is offered furnished with casual cottage décor that is bright and eclectic. Ideally located on a quiet dead end street, a Lime Cottage is kid safe and away from the traffic and noise of Gulf Drive; yet it is conveniently close to shopping, restaurants, supermarkets and local attractions. This property is the perfect home, 2nd home or island investment with an average of 50K +/- a year gross rental income. Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent

Last Agent to Sell the Property

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999 Listed on: 02/13/2020

Last Buyer's Agent

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999 Listed on: 02/13/2020

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1962

Lot Details

  • 5,000 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,132 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Shower

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Propane
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ilexhurst Community
  • Ilexhurst Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,107

Year Built

Built in 1962

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1132
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 5000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459971?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459971?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 9412546131
  • Ratio: Close Price\List Price: 0.975
  • Price per Sq Ft: 430.65
  • Close to Original List Price Ratio: 0.87054
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Fenced, Outdoor Shower
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0277E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R2
  • Parcel Number: 7423400006
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6106.8
  • Tax Block: 1
  • Tax Book Number: 1-154
  • Tax Lot: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jul 6, 2020
Sold by
So Christopher and Hebb Stephenie
Bought by
Seller's Agent
Elizabeth Blandford
SALTY MERMAID REAL ESTATE LLC
Buyer's Agent
Elizabeth Blandford
SALTY MERMAID REAL ESTATE LLC
List Price
$560,000
Sold Price
$487,500
Premium/Discount to List
-$72,500
-12.95%
Current Estimated Value
$1,155,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$667,778
Avg. Annual Appreciation
15.20%

Purchase Details

Closed on
Mar 25, 2011
Sold by
Woodson Mark T and Woodson Karen K
Bought by
So Christopher and Hebb Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2001
Sold by
Backelant Irma Jean and Lanning Irma J
Bought by
Woodson Mark T and Woodson Karen K

Purchase Details

Closed on
Aug 31, 1998
Sold by
Gadden Edward C and Gadden Leann R
Bought by
Lanning Irma J and Gadden Irma J

Purchase Details

Closed on
Feb 1, 1996
Sold by
Gadden Edward C
Bought by
Gadden Edward C and Mellem Leann R

Purchase Details

Closed on
Apr 26, 1995
Sold by
Lanning John A and Lanning Irma J
Bought by
Gadden Edward C

Purchase Details

Closed on
Dec 9, 1994
Sold by
Skerratt Homer J and Skerratt Shirley M
Bought by
Lanning John A and Lanning Irma J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$487,500 Attorney
So Christopher $340,000 Stewart Title Company
Woodson Mark T $190,000 --
Lanning Irma J $140,000 --
Gadden Edward C -- --
Gadden Edward C $57,000 --
Lanning John A $82,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $487,500 -2.5% $431 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
03/20/2020 03/20/20 Price Changed $500,000 -8.3% $442 / Sq Ft
03/16/2020 03/16/20 Price Changed $545,000 -2.7% $481 / Sq Ft
02/13/2020 02/13/20 For Sale $560,000 -- $495 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,094 $715,371
2025 $9,094 $571,250 $561,000 $10,250
2024 $11,488 $861,386 $561,000 $300,386
2023 $11,259 $871,948 $561,000 $310,948
2022 $8,771 $597,890 $350,000 $247,890
2021 $7,290 $444,188 $310,000 $134,188
2020 $6,761 $404,958 $280,000 $124,958
2019 $6,361 $384,441 $265,000 $119,441
2018 $6,108 $378,934 $265,000 $113,934
2017 $5,329 $360,297 $0 $0
2016 $4,752 $310,672 $0 $0
2015 $3,763 $279,346 $0 $0
2014 $3,763 $213,775 $0 $0
2013 $3,715 $208,414 $128,400 $80,014
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: A4459971

Stellar MLS

APN: 74234-0000-6

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