NOT LISTED FOR SALE

2825 Terra Ceia Bay Blvd Unit 1304 Palmetto, FL 34221

Estimated Value: $576,051 - $650,000

3 Beds
2 Baths
2,306 Sq Ft
$600/mo HOA Fee

Last Sold November 30, 2017

Last sale price $390,000 $169 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,531/month

18 Days on Market

Highlights

  • 40 Feet of Bay Harbor Waterfront
  • Golf Course Community
  • Fitness Center
  • White Water Ocean Views
  • Fishing Pier
  • Heated Spa

About This Home

As of November 2017

Welcome to luxury condo living at Bay Club in the waterfront community of Terra Ceia Bay. Enjoy comfortable living and entertaining in this popular Grand View floor plan with abundant space and storage from the beautiful over sized kitchen, adjoining great room, den/office, and separate dining area to the large screened balcony. The luxury kitchen offers tons of storage with wood cabinets and pantry, stainless steel appliances, and granite counter tops. The 2306 sq ft open floor plan with 9+foot ceilings and floor to ceiling hurricane impact sliders to the large balcony lend to the spacious feeling of this lovely unit. The deluxe master suite invites relaxation with large master bath and two walk-in closets. You will love the serene water views over the bay and the stunning sunsets from your balcony. Walk the nearby fishing pier to see a variety of birds, dolphins and manatees. Make appointment to see this lovely unit and community today. Note: This unit comes fully furnished and has rental history. Enjoy rental income as already leased for this upcoming season.

Last Agent to Sell the Property

Ruth Husel

ENGEL + VOELKERS SARASOTA License #3247099 Listed on: 09/22/2017

ENGEL + VOELKERS SARASOTA

Last Buyer's Agent

Jill Helgren

COASTAL PROPERTIES GROUP License #3230873

COASTAL PROPERTIES GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 2007

Lot Details

  • 40 Feet of Bay Harbor Waterfront
  • Near Conservation Area

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,306 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility
  • White Water Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Pool

  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Fishing Pier
  • Balcony
  • Enclosed patio or porch
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • High-Rise Condominium
  • Bay Club Homes Condominium Community
  • Bay Club A Condo Ph 1 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,477

Year Built

Built in 2007

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Other, Stucco
  • Fireplace: No
  • Living Area: 2306
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2496
  • Directions to Property: From Business 41 north of Palmetto turn west onto 23rd St W to gates of Terra Ceia Bay. Through gates to address, twin buildings at back of community.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 3
  • List Office Head Office Key Nume: 1046959
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 169.12
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: High Rise
  • Amenities Additional Fees: Additional fees required for fitness center, tennis and public golf course (no membership required).
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 2825
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Room Count: 10

Exterior Features

  • Other Structures: Storage
  • Pool Features: Gunite, Heated
  • Exterior Features: Sliding Doors, Balcony, Storage
  • Roof: Built-Up
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: TERRA CEIA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Disclosures: Condominium Disclosure Available
  • Water Extras: Fishing Pier
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full
  • Water View YN: 1
  • Waterfront Feet Total: 40
  • Flood Zone Date: 2014-03-17T00:00:00.000
  • Flood Zone Panel: 12081C0162E
  • Water Frontage Feet Bay Harbor: 40

Garage/Parking

  • Parking Features: Assigned, Guest, Underground

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness Center, Gated, Golf, No Truck/RV/Motorcycle Parking, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Optional Additional Fees
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: One pet up to 60 lbs or 2 pets combined weight up to 60 lbs.
  • Association Fee Requirement: Required
  • Building Name Number: 1
  • Condo Fees: 600
  • Condo Land Included YN: 0
  • Max Pet Weight: 60
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 600
  • Pet Size: Medium (36-60 Lbs.)

Schools

  • High School: Palmetto High

Lot Info

  • Zoning: PDH
  • Parcel Number: 2413213459
  • Additional Parcels: No
  • Lot Features: Conservation Area, FloodZone
  • Flood Zone Code: AE
  • Homestead YN: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenant Approval Required

Tax Info

  • Tax Annual Amount: 6477
  • Tax Book Number: 7-36
  • Tax Lot: 1304
  • Tax Other Annual Assessment Amount: 923

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Application and fee.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 30, 2017
Sold by
Plahm Timothy P and Plahm Michael J
Bought by
Shannon Michael M and Pasztor Caroline A
Seller's Agent
Ruth Husel
ENGEL + VOELKERS SARASOTA
Buyer's Agent
Jill Helgren
COASTAL PROPERTIES GROUP
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Total Days on Market
18
Current Estimated Value
$621,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,513
Avg. Annual Appreciation
6.54%
Original Mortgage
$312,000
Outstanding Balance
$265,338
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$362,322

Purchase Details

Closed on
Apr 23, 2007
Sold by
Tbr Ii Development Llc
Bought by
Plahm Timothy P and Sulkoski James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,900
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Shannon Michael M $390,000 Barnes Walker Title Inc
Plahm Timothy P $589,900 Homebanc Title Partners Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannon Michael M $312,000
Previous Owner Plahm Timothy P $471,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $390,000 -- --
11/30/2017 11/30/17 Sold $390,000 -2.3% $169 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $399,000 -- $173 / 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 $5,301 $253,333 -- --
2023 $5,289 $245,954 $0 $0
2022 $5,135 $238,790 $0 $0
2021 $4,886 $231,835 $0 $0
2020 $5,035 $228,634 $0 $0
2019 $7,709 $320,000 $0 $320,000
2018 $8,168 $340,000 $0 $0
2017 $7,004 $304,150 $0 $0
2016 $6,477 $267,900 $0 $0
2015 $6,246 $260,100 $0 $0
2014 $6,246 $252,526 $0 $0
2013 $5,601 $209,136 $1 $209,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4196690

Stellar MLS

APN: 24132-1345-9