NOT LISTED FOR SALE

Estimated Value: $1,848,000 - $2,715,000

6 Beds
5.5 Baths
4,320 Sq Ft
$502/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $782,500 $181 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $13,865/month

138 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Lift
  • Parking available for a boat
  • Dock made with wood
  • Heated In Ground Pool

About This Home

As of June 2018

This is a bank owned home which offers a spacious 6 bedrooms and 5.1 baths. Large custom kitchen with vaulted ceilings throughout this home with plenty of room for family and friends. The home is up to the 2006 building codes and requirements. It also offers a pool, as well as a deep water dock with boat lift with no bridges to the ICW and the Gulf of Mexico. It has an observatory for a full Gulf view of our beautiful sunsets here on Palm Island. At this price, you can come in and make it your own and still be tremendously under new construction pricing. The bank is willing to look at all reasonable offers to sell this home.

Last Agent to Sell the Property

Kevin Mackin

MICHAEL SAUNDERS & COMPANY License #683818 Listed on: 12/20/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Robin Madden

ISLANDER PROPERTIES INC License #3054042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,796

Year Built

  • Built in 2006

Lot Details

  • 10,000 Sq Ft Lot
  • 80 Feet of Waterfront
  • Property fronts a saltwater canal
  • The property's road front is unimproved
  • Unincorporated Location
  • Mature Landscaping
  • Property is zoned BBI

Property Views

  • Partial Bay or Harbor
  • Canal
  • Pool

Home Design

  • Custom Home
  • Elevated Home
  • Tri-Level Property
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 4,320 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Fire and Smoke Detector

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Recycled or Composite Flooring
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Workshop in Garage
  • Parking available for a boat
  • Golf Cart Parking

Pool

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

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • No Wake Zone
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Island Estates Community
  • Palm Island Estates Unit 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,796

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Elevated
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 4320
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 6375
  • Lot Size Sq Ft: 10000
  • Directions to Property: South on McCall Rd to Right on Placida Rd to Right on Panama Rd to car ferry landing.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5921936&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D5921936&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9207
  • Price per Sq Ft: 181.13
  • Close to Original List Price Ratio: 0.87041
  • Ratio: Current Price\Building Area Total: 122.75
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: 4116

Interior Features

  • Fireplace Features: Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Recycled/Composite Flooring
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Elevator, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Refrigerator, Trash Compactor
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 25
  • Room Count: 11
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, In Ground, Salt Water, Tile
  • Exterior Features: Sliding Doors, Balcony, French Doors, Outdoor Shower, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Palm Canal
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Unimproved
  • Water View: Canal, Gulf/Ocean - Partial
  • Water Access: Beach - Access Deeded, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, No Wake Zone
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0352F
  • Waterfront Frontage: 80
  • Water Frontage Feet Canal Salt: 80

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Boat, Golf Cart Parking, Parking Pad, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: BBI
  • Parcel Number: 412028353005
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Unincorporated
  • Millage Rate: 17.67
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 15796
  • Tax Block: I
  • Tax Book Number: 6-4
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jun 15, 2018
Sold by
Englewood Bank & Trust
Bought by
320 Kettle Harbor Llc
Seller's Agent
Kevin Mackin
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robin Madden
ISLANDER PROPERTIES INC
List Price
$899,000
Sold Price
$782,500
Premium/Discount to List
-$116,500
-12.96%
Current Estimated Value
$2,169,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,387,463
Avg. Annual Appreciation
17.43%

Purchase Details

Closed on
Jul 7, 2017
Sold by
Witters David J and Witters Jennifer
Bought by
Englewood Bank And Trust

Purchase Details

Closed on
Aug 2, 2009
Sold by
Witters David J and Witters Jennifer A
Bought by
Witters David J and Witters Jennifer A

Purchase Details

Closed on
May 25, 2004
Sold by
Spencer Anthony M and Spencer Pamela M
Bought by
Witters David J and Witters Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,100
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
320 Kettle Harbor Llc $782,500 Attorney
Englewood Bank And Trust $326,200 None Available
Witters David J -- Attorney
Witters David J $294,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witters David J $250,000
Previous Owner Witters David J $575,200
Previous Owner Witters David J $194,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $782,500 -7.9% $181 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $849,900 -5.5% $197 / Sq Ft
12/20/2017 12/20/17 For Sale $899,000 -- $208 / 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 $24,774 $1,029,535 $0 $0
2022 $21,140 $1,476,725 $203,320 $1,273,405
2021 $16,635 $850,855 $130,560 $720,295
2020 $16,956 $864,239 $129,200 $735,039
2019 $16,766 $849,696 $122,400 $727,296
2018 $14,758 $773,362 $108,800 $664,562
2017 $15,735 $830,560 $108,800 $721,760
2016 $12,763 $683,215 $0 $0
2015 $12,833 $676,337 $0 $0
2014 $12,978 $683,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5921936

Stellar MLS

APN: 412028353005