NOT LISTED FOR SALE

2925 Terra Ceia Bay Blvd Unit 2505 Palmetto, FL 34221

Estimated Value: $536,000 - $597,000

3 Beds
2 Baths
2,007 Sq Ft
$520/mo HOA Fee

Last Sold September 15, 2014

Last sale price $315,000 $157 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,234/month

174 Days on Market

Highlights

  • Property fronts gulf or ocean
  • End Unit
  • High Ceiling
  • Heated Indoor Pool
  • Corner Lot
  • Great Room

About This Home

As of September 2014

WAKE UP EVERY MORNING, GRAB YOUR COFFEE AND LOOK OUT AT TERRA CEIA BAY, OR GRAB YOUR FISHING POLE AND FISH OFF OF THE FISHING PIER AND HAVE YOUR FRESH GROUPER FOR LUNCH. IT DOESN'T GET ANY BETTER. THIS CONDO IS ALL NEW AND BEAUTIFUL, ON THE 5TH FLOOR WITH SPECTACULAR VIEWS. COME TAKE A LOOK.

Last Agent to Sell the Property

Kenneth Cowles

REALTY SERVICES INC License #0395811 Listed on: 01/27/2014

Co-Listed By

ROBERT Cowles

REALTY SERVICES INC License #3007545

Last Buyer's Agent

Lynne Callahan

MICHAEL SAUNDERS & COMPANY License #3163313

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,412

Year Built

  • Built in 2007

Lot Details

  • Property fronts gulf or ocean
  • End Unit
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Full Gulf or Ocean
  • Pond
  • Golf Course

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 2,007 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Den
  • Inside Utility
  • Laundry in unit
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Fishing Pier

Schools

  • Palmetto Elementary-Mn School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, recreational facilities, trash
  • C & S Condo Managment Services: (941) 758 9454 Association
  • High-Rise Condominium
  • Bay Club Homes Condominium Community
  • Bay Club Condo Ph Ii Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,412

Year Built

Built in 2007

Lot Details

0

HOA Fees

$520 per month

Parking

1

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2007
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2217
  • Lot Size Sq Ft: 313
  • Directions to Property: US BUSINESS 41 NORTH FROM PALMETTO, WEST ON 23RD STREET THROUGH GUARD GATE
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3991672&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3991672&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2412705
  • Property Description: End Unit, High Rise
  • Call Center Phone Number: 941-954-4443
  • Ratio: Close Price\List Price: 0.95745
  • Price per Sq Ft: 156.95
  • Close to Original List Price Ratio: 0.82917
  • Ratio: Current Price\Building Area Total: 142.08
  • View: Yes
  • Co List Office Mls Id: 281502426
  • Co List Office Phone: 941-954-4443
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Elevator, High Ceiling(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Street Number Modifier: 2925
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Indoor, Salt Water
  • Roof: Other
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: Terra Ceia Bay, Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Gulf/Ocean - Full, Pond
  • Water Access: Gulf/Ocean
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: C & S Condo Managment Services: (941) 758-9454
  • Association: No
  • Senior Community: No
  • Condo Fees: 520
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 520
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 6240
  • Total Monthly Fees: 520

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDH
  • Parcel Number: 2412721509
  • Additional Parcels: No
  • Lot Features: Corner Lot, Zero Lot Line
  • Flood Zone Code: AE
  • Future Land Use: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Num Timesper Year: 3
  • Pet Restrictions: INSTEAD OF TWO PETS YOU CAN HAVE 1 PET UP TO 60 POUNDS.

Tax Info

  • Tax Annual Amount: 6412
  • Tax Book Number: 2219/3920
  • Tax Lot: 2505
  • Tax Other Annual Assessment Amount: 193

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Wikel Lawrence and Wikel Barbara A
Bought by
Lawrence A Wikel And Barbara A Wikel Joint Tr
Current Estimated Value
$588,357

Purchase Details

Closed on
Jun 25, 2018
Sold by
Sappo William R and Sappo Darlene J
Bought by
Wikel Lawrence and Brillhart Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2014
Closed on
Sep 25, 2014
Sold by
Sappo William R and Sappo Darlene J
Bought by
The William R & Darlene J Sappo Revocabl
Seller's Agent
Kenneth Cowles
REALTY SERVICES INC
Buyer's Agent
Lynne Callahan
MICHAEL SAUNDERS & COMPANY
List Price
$379,900
Sold Price
$315,000
Premium/Discount to List
-$64,900
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$125,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 27, 2014
Closed on
Aug 11, 2014
Sold by
Third Federal Savings & Loan Association
Bought by
Sappo William R and Sappo Darlene J
Seller's Agent
Kenneth Cowles
REALTY SERVICES INC
Buyer's Agent
Lynne Callahan
MICHAEL SAUNDERS & COMPANY
List Price
$379,900
Sold Price
$315,000
Premium/Discount to List
-$64,900
-17.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2013
Sold by
Chadwell Michael E
Bought by
Third Federal Savings & Loan Association

Purchase Details

Closed on
Sep 7, 2007
Sold by
Tbr Ii Development Llc
Bought by
Jacobs Lamar G and Jacobs Janice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,900
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lawrence A Wikel And Barbara A Wikel Joint Tr $100 --
Wikel Lawrence $390,000 First International Title I
The William R & Darlene J Sappo Revocabl -- Attorney
Sappo William R $315,000 Landcastle Title Llc
Third Federal Savings & Loan Association $539,300 None Available
Jacobs Lamar G $694,900 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wikel Lawrence $220,000
Previous Owner Sappo William R $125,000
Previous Owner Jacobs Lamar G $68,900
Previous Owner Jacobs Lamar G $555,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2014 09/15/14 Sold $315,000 -4.3% $157 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/13/2014 06/13/14 Price Changed $329,000 -3.2% $164 / Sq Ft
03/26/2014 03/26/14 Price Changed $339,900 -10.5% $169 / Sq Ft
01/27/2014 01/27/14 For Sale $379,900 -- $189 / 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 $6,101 $303,571 -- --
2023 $6,312 $294,729 $0 $0
2022 $6,125 $286,145 $0 $0
2021 $5,822 $277,811 $0 $0
2020 $5,994 $273,975 $0 $0
2019 $5,892 $267,815 $0 $0
2018 $8,211 $340,000 $0 $0
2017 $5,372 $253,325 $0 $0
2016 $5,308 $248,115 $0 $0
2015 $7,732 $246,390 $0 $0
2014 $7,732 $290,011 $0 $0
2013 $6,605 $244,810 $1 $244,809
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Cowles

    Seller's Agent in 2014

    Kenneth Cowles

    REALTY SERVICES INC

    (941) 302-4152

    96 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2014

    ROBERT Cowles

    REALTY SERVICES INC

    (941) 302-4150

    84 Total Sales

    Section Image
  • Lynne Callahan

    Buyer's Agent in 2014

    Lynne Callahan

    Michael Saunders

    (941) 720-3278

    1 in this area

    25 Total Sales

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Map

Source: Stellar MLS

MLS Number: A3991672

Stellar MLS

APN: 24127-2150-9

Florida Manatee County Palmetto 34221

2925 Terra Ceia Bay Blvd Unit 2505, Palmetto, FL

This home is located at 2925 Terra Ceia Bay Blvd Unit 2505, Palmetto, FL 34221 since 27 January 2014 and is currently estimated at $567,636, approximately $282 per square foot. This property was built in 2007. 2925 Terra Ceia Bay Blvd Unit 2505 is a home located in Manatee County with nearby schools including Palmetto Elementary School, Palmetto High School, and Lincoln Memorial Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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