NOT LISTED FOR SALE

3701 E Bay Dr Unit 8 Holmes Beach, FL 34217

Estimated Value: $515,000 - $667,000

2 Beds
3 Baths
1,544 Sq Ft
$498/mo HOA Fee

Last Sold January 26, 2015

Last sale price $250,000 $162 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,380/month

186 Days on Market

Highlights

  • Boat Dock
  • Water access To Gulf or Ocean
  • In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Boat Slip Deeded
  • Home fronts a lagoon or estuary

About This Home

As of January 2015

Just reduced,Unique 3 story condo, on beautiful Holmes Beach, everything the Island has to offer, boating, fishing, restaurants and bars, shopping and of course, the beach. Sunbow Bay is directly across from Publix. Home features 2 bedroom, 3 bath, with a large bonus room. Enjoy having coffee and breakfast over looking the lagoon. The property is deeded for a dock, just bring your carpenter, and then park your boat, jet ski, or kayak. This property has not been used as a rental, owner occupied for last 18 years. 1 month minimum rental and can be rented 12 times a year, pet friendly, 2 pets 30lbs and under. Recent upgrades include, remodeled salt water pools,pool decks,resurfaced tennis courts, new roofs in 2011 and new skylights in 2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,449

Year Built

  • Built in 1977

Lot Details

  • Home fronts a lagoon or estuary
  • Zero Lot Line

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,544 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Bonus Room
  • Full Bay or Harbor Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Boat Slip Deeded
  • Balcony
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, maintenance structure, ground maintenance, maintenance, recreational facilities, sewer, water
  • Sunbow Bay Community
  • Sunbow Bay Ph 1 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,449

Year Built

Built in 1977

Lot Details

0

HOA Fees

$498 per month

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1544
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 2299
  • Directions to Property: Manatee Ave West to East Bay Blvd, go left to Sunbow Bay on the left.
  • Status: Sold
  • Street Direction: E
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044315
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 161.92
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Skylight(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Skylight(s)
  • Street Number Modifier: 3701
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Bonus Room,Interior In-Law Apt
  • Room Count: 9

Exterior Features

  • Other Structures: Tennis Court(s)
  • Pool Features: In Ground
  • Exterior Features: Balcony, Outdoor Grill, Tennis Court(s)
  • Roof: Membrane
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available
  • Water Access: Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial
  • Water View YN: 1

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Dock, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 1495
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Pets are 30 lbs or less
  • Association Fee Requirement: Required
  • Building Name Number: SUNBOW BAY
  • Condo Fees: 0
  • Max Pet Weight: 30
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Monthly HOA Amount: 498.33

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R3
  • Parcel Number: 7401410902
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Zero Lot Line
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2449
  • Tax Book Number: 19-23
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2024
Sold by
Destefano Investments Llc
Bought by
Kovach Charles Ronald and Kovach Jennifer Case
Current Estimated Value
$582,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$414,607
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$191,053

Purchase Details

Closed on
Aug 7, 2020
Sold by
Heunessey Neil and Heunessey Mark
Bought by
Destefano Investments Llc

Purchase Details

Listed on
Jul 13, 2014
Closed on
Jan 26, 2015
Sold by
Champagne Sandra L
Bought by
Hennessey Margaret E
List Price
$329,900
Sold Price
$250,000
Premium/Discount to List
-$79,900
-24.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Gjelset Jan and Oxendine Birgitta
Bought by
Champagne Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 1996
Sold by
Splawn G Roland and Kornacker Darlene L
Bought by
Gjelset Jan and Oxendine Birgitta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.93%
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
Kovach Charles Ronald $600,000 None Listed On Document
Destefano Investments Llc $375,000 Barnes Walker Title Inc
Hennessey Margaret E $250,000 Barnes Walker Title Inc
Champagne Sandra L $150,000 --
Gjelset Jan $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovach Charles Ronald $420,000
Previous Owner Okeefe Sharon $50,000
Previous Owner Champagne Sandra L $80,000
Previous Owner Champagne Sandra L $75,000
Previous Owner Gjelset Jan $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $250,000 -- --
01/26/2015 01/26/15 Sold $250,000 -10.7% $162 / Sq Ft
09/12/2014 09/12/14 Price Changed $279,999 -6.6% $181 / Sq Ft
07/25/2014 07/25/14 Price Changed $299,900 -9.1% $194 / Sq Ft
07/13/2014 07/13/14 For Sale $329,900 -- $214 / 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 $7,791 $522,750 -- $522,750
2023 $7,888 $569,500 $0 $569,500
2022 $6,571 $409,500 $0 $409,500
2021 $5,835 $345,000 $0 $345,000
2020 $6,589 $375,000 $0 $375,000
2019 $3,815 $246,502 $0 $0
2018 $3,733 $241,906 $0 $0
2017 $3,488 $236,930 $0 $0
2016 $3,474 $232,057 $0 $0
2015 $2,466 $169,687 $0 $0
2014 $2,466 $168,340 $0 $0
2013 $2,449 $165,852 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: M5900728

Stellar MLS

APN: 74014-1090-2