NOT LISTED FOR SALE

318 8th Ave N Unit B1 Tierra Verde, FL 33715

Estimated Value: $428,000 - $569,000

2 Beds
2 Baths
1,200 Sq Ft
$100/mo HOA Fee

Last Sold March 08, 2019

Last sale price $312,500 $260 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,053/month

42 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Dock made with wood
  • Intracoastal View
  • Access To Intracoastal Waterway
  • Boat Lift
  • Fishing

About This Home

As of March 2019

DIRECT WATERFRONT LOCATION nestled among million dollar homes and condos in coveted Tierra Verde. Located directly on Pass-a-Grill, the recently renovated two bedroom and two bath top floor unit, offers a detailed European style and decor. The open concept of 1200 square foot provides panoramic views of the channel with easy access throughout the waterfront area of Tierra Verde, the Intracoastal and the Gulf of Mexico. An operational boatlift is included in the package. Complete remodel was finished in 2016 with a new AC unit in 2018. This is a great opportunity to own waterfront property at the lowest per foot price in Tierra Verde!

Last Agent to Sell the Property

George Gordon, Jr

MEDWAY REALTY License #3271234 Listed on: 12/24/2018

MEDWAY REALTY

Last Buyer's Agent

Libby Salamone

COMPASS FLORIDA LLC License #476354

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1980

Lot Details

  • 80 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • End Unit
  • Northwest Facing Home

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Intracoastal
  • Ocean To Bay

Home Design

  • Elevated Home
  • Slab Foundation
  • Wood Frame Construction
  • Built-Up Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Walk-Up Access
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Intracoastal Waterway
  • Boat Lift
  • Dock made with wood
  • Open Dock
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Sunset Bay Club Condo Subdivision
  • Rental Restrictions

Recreation

  • Fishing

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,535

Year Built

Built in 1980

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1200
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 11960
  • Directions to Property: From Pinellas Parkway, turn south on SR679. Travel 1.5 miles and turn right into Madonna Blvd. Go straight through the traffic circle to the end of Madonna. Turn right into 8th Ave. N. Destination on left. No sign.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422206&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4422206&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, Elevated, End Unit, Walk-Up
  • Ratio: Close Price\List Price: 0.97656
  • Price per Sq Ft: 260.42
  • Close to Original List Price Ratio: 0.94697
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Rods, Window Treatments
  • Street Number Modifier: 318
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Pass-A-Grille Channel
  • Waterfront: Yes
  • Water View: Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Open, Dock - Wood, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0278G
  • Waterfront Frontage: 80
  • Water Frontage Feet I C W: 80

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Fishing, Waterfront
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Lot Info

  • Parcel Number: 18-32-16-87381-000-0201
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 8-12 Months
  • Approval Process: Application
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association approval.

Tax Info

  • Tax Annual Amount: 3535
  • Tax Block: 000
  • Tax Book Number: 45-33
  • Tax Lot: 0201

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2018
Closed on
Mar 8, 2019
Sold by
Golden Key Propertis Llc
Bought by
Backenstoe Nancy Cass and Backenstoe Gerald
Seller's Agent
George Gordon, Jr
MEDWAY REALTY
Buyer's Agent
Libby Salamone
COMPASS FLORIDA LLC
List Price
$330,000
Sold Price
$312,500
Premium/Discount to List
-$17,500
-5.3%
Current Estimated Value
$475,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,797
Avg. Annual Appreciation
6.51%
Original Mortgage
$218,750
Outstanding Balance
$192,318
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$282,979

Purchase Details

Listed on
Jun 5, 2014
Closed on
Aug 5, 2014
Sold by
Anderson William M and Anderson Barbara A
Bought by
Golden Key Properties Llc
Seller's Agent
William Welch
COASTAL PROPERTIES GROUP
Buyer's Agent
Doreen Gentz
GNK SKY REAKTY, INC
List Price
$229,500
Sold Price
$190,000
Premium/Discount to List
-$39,500
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$150,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 2012
Sold by
Anderson William M
Bought by
Anderson William M and Anders3n Barbara A

Purchase Details

Closed on
Sep 27, 2001
Sold by
Wiley Wesley J
Bought by
Anderson William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 1996
Sold by
Phillips Marie and Phillips John
Bought by
Wiley Wesley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,300
Interest Rate
6.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Backenstoe Nancy Cass $312,500 Landstar Title Of Fl Llc
Golden Key Properties Llc $190,000 A Heritage Title Pinellas In
Anderson William M -- Attorney
Anderson William M $145,000 --
Wiley Wesley J $119,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backenstoe Nancy Cass $218,750
Previous Owner Golden Key Properties Llc $150,000
Previous Owner Wiley Wesley J $147,000
Previous Owner Wiley Wesley J $107,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2019 03/08/19 Sold $312,500 -2.3% $260 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
01/18/2019 01/18/19 Price Changed $320,000 -3.0% $267 / Sq Ft
12/22/2018 12/22/18 For Sale $330,000 +73.7% $275 / Sq Ft
08/17/2018 08/17/18 Off Market $190,000 -- --
08/05/2014 08/05/14 Sold $190,000 -17.2% $158 / Sq Ft View Prior Sale
06/29/2014 06/29/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $229,500 -- $191 / 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 $5,537 $338,244 -- $338,244
2023 $5,537 $337,316 $0 $337,316
2022 $5,151 $310,817 $0 $310,817
2021 $4,811 $262,703 $0 $0
2020 $4,943 $263,845 $0 $0
2019 $4,215 $227,769 $0 $227,769
2018 $3,923 $214,492 $0 $0
2017 $3,535 $181,019 $0 $0
2016 $3,495 $177,247 $0 $0
2015 $3,248 $159,405 $0 $0
2014 -- $151,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4422206

Stellar MLS

APN: 18-32-16-87381-000-0201