NOT LISTED FOR SALE

281 Madeira Cir Saint Petersburg, FL 33715

Estimated Value: $527,853 - $618,000

3 Beds
3 Baths
1,585 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $335,000 $211 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,064/month

112 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Open Floorplan
  • Water Access
  • Fishing
  • Vaulted Ceiling

About This Home

As of August 2020

Price Adjustment ** "PERFECT HARMONY" in Palms of Tierra. This 3 bedroom 3 full bathroom townhouse has just about everything for the coastal lifestyle in Tierra Verde with balconies overlooking the tennis courts and a peek at the views of Boca Ciega Bay. Bamboo floors & custom stainless stair rails welcome you to this move-in ready property. Main level opens to the living room/dining area, kitchen and a guest suite with a full bathroom. Kitchen includes custom maple cabinets. Upper-Level Master Bedroom includes vaulted ceilings & skylights with a spa-inspired bathroom and walk-in closet including an additional Guest Room with a full bathroom. Upgrades abound including a 2 car tandem garage with an entertainment area w/ bar and a custom mural by a local artist. All hurricane rated windows and doors (2012) roof (2013), NEW ELECTRICAL PANEL AND NEW A/C INSTALLED APRIL 2020!
Amenities included gym, pool and tennis courts. Minutes from Don Cesar and beaches, Fort Desoto, 15 minutes to Downtown St. Pete and easy access to I-275 and south to Sarasota.

Last Agent to Sell the Property

William Thomas

COMPASS FLORIDA LLC License #3297275 Listed on: 03/05/2020

COMPASS FLORIDA LLC

Co-Listed By

Gina Timmins

SMITH & ASSOCIATES REAL ESTATE License #3283619

Last Buyer's Agent

Shari Boschele

REALTY PLACE License #3351686

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,221

Year Built

  • Built in 1995

Lot Details

  • 902 Sq Ft Lot
  • South Facing Home
  • Landscaped with Trees

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,585 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Range
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water Access
  • Balcony
  • Exterior Lighting

Schools

  • Gulfport Elementary School
  • Bay Point Middle School
  • Lakewood High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, private road, recreational facilities, sewer, trash, water
  • Property Resource Management Association, Phone Number (727) 864-0004
  • Palms Of Tierra Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,221

Year Built

Built in 1995

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1585
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 902
  • Directions to Property: Southbound on Pinellas Bayway. See community on left-hand side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8076790?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8076790?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95989
  • Price per Sq Ft: 211.36
  • Close to Original List Price Ratio: 0.93056
  • View: Yes
  • Co List Office Mls Id: 283504628
  • Co List Office Phone: 727-394-7365
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Window Features: Blinds
  • Street Number Modifier: 281
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Irrigation System, Lighting, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0286G
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Sprinkler Recycled, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: Property Resource Management
  • Phone: 727-864-0004
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5400
  • Monthly HOA Fee: 450
  • Total Monthly Fees: 450

Schools

  • Elementary School: Gulfport Elementary-PN
  • High School: Lakewood High-PN
  • Middle Or Junior School: Bay Point Middle-PN

Lot Info

  • Zoning: RM-15
  • Parcel Number: 20-32-16-65905-001-0600
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Contact HOA for approval process.
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2221
  • Tax Block: A
  • Tax Book Number: 113-27
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Aug 10, 2020
Sold by
Farley Emanuel Dean and Farley Paula A
Bought by
Enos Richard E
Seller's Agent
William Thomas
COMPASS FLORIDA LLC
Buyer's Agent
Shari Boschele
REALTY PLACE
List Price
$360,000
Sold Price
$335,000
Premium/Discount to List
-$25,000
-6.94%
Current Estimated Value
$565,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,137
Avg. Annual Appreciation
11.29%
Original Mortgage
$308,200
Outstanding Balance
$276,452
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$295,531

Purchase Details

Closed on
Apr 22, 2014
Sold by
Farley Paula A and Cannarella Paula A
Bought by
Farley Paula A and Farley Emanuel Dean

Purchase Details

Closed on
Dec 5, 1995
Sold by
Gdm Development
Bought by
Cannarella Paula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.31%
Mortgage Type
New Conventional
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
Enos Richard E $335,000 Sun Coast Title Company Llc
Farley Paula A -- Attorney
Cannarella Paula A $125,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enos Richard E $308,200
Previous Owner Cannarella Paula A $64,600
Previous Owner Cannarella Paula A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $335,000 -4.0% $211 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/08/2020 06/08/20 Price Changed $349,000 -1.7% $220 / Sq Ft
05/05/2020 05/05/20 Price Changed $355,000 -1.4% $224 / Sq Ft
03/31/2020 03/31/20 For Sale $360,000 0.0% $227 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $360,000 -- $227 / 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 $6,239 $440,920 -- $440,920
2023 $6,239 $395,570 $0 $395,570
2022 $5,877 $376,836 $0 $376,836
2021 $5,266 $284,214 $0 $0
2020 $2,265 $158,088 $0 $0
2019 $2,221 $154,534 $0 $0
2018 $2,141 $151,653 $0 $0
2017 $2,119 $148,534 $0 $0
2016 $2,098 $145,479 $0 $0
2015 $2,181 $144,468 $0 $0
2014 $2,132 $143,321 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8076790

Stellar MLS

APN: 20-32-16-65905-001-0600