NOT LISTED FOR SALE

374 Red Bay Ln Marco Island, FL 34145

Estimated Value: $1,549,862 - $1,767,000

3 Beds
3 Baths
2,540 Sq Ft
$666/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $800,000 $315 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $20,072/month

341 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • In Ground Pool
  • Tommie Barfield Elementary School Rated A
  • Fitness Center
  • Lake View

About This Home

As of March 2015

Come & enjoy this recently restored Hideaway Beach home that offers spectacular, panoramic views of the golf course/ponds.Recent remodel:walls removed,NEW kitchen,paint,paver pool deck/drive,laminate wood floors among others. Offering 3 BR+den(could be 4th BR),lower level bonus rm.,2.5 car garage,elevator,pool/lanai,shutters& more.Within walking distance to the beach/Club & all other amenities.

Last Agent to Sell the Property

James Prange

Premier Sotheby's International Realty License #0313775 Listed on: 06/30/2014

Premier Sotheby's International Realty

Last Buyer's Agent

Jim O'Donnell

Keller Williams Marco Realty License #3025244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,904

Year Built

  • Built in 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x145x112x130
  • Inland Waterway
  • Northwest Facing Home
  • Corner Lot
  • City Sprinkler System

HOA Fees

  • $10,712 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Electric Shutters
  • Bay Window
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Laminate Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Deck
  • Patio

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / 22
  • Tax Tract Number 7
  • Assessor Parcel Number 50040400005

Community Details

Overview

  • Marco Island Community
  • Hideaway Beach Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,904

Year Built

Built in 1986

Lot Details

0

HOA Fees

$10,712 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 75x145x112x130
  • Subdivision Name: Hideaway Beach
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1986
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Inland
  • Location Tax and Legal:Parcel Number: 50040400005
  • Location Tax and Legal:Tax Annual Amount: 5904.0
  • Location Tax and Legal:Tax Year: 2014
  • General Property Information:Furnished: Unfurnished
  • General Property Information:AC SqFt: 2540.0
  • General Property Information:Rear Exposure: Northwest
  • General Property Information:Boat Dock: No
  • General Property Information:Pool Private YN: Yes
  • General Property Information:HOA YN: Yes
  • Architectural Style:Contemporary: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Location Tax and Legal:Tax Block: 22
  • Location Tax and Legal:Tax Lot: 7
  • General Property Information:Lot Size Dimensions: 75x145x112x130
  • General Property Information:Stories: 2
  • General Property Information:Boat Lift: No
  • General Property Information:Spa YN: No
  • General Property Information:Acres: 0.29
  • Roof:Tile2: Yes
  • Water Source:Public: Yes
  • Primary BedroomBath Description:Combination BathShower: Yes
  • View:Lake2: Yes
  • Dining Area:Dining-Living Room: Yes
  • Lawn Sprinkler:City2: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • Private Pool:In-Ground: Yes
  • Floor:Laminate: Yes
  • Activity Membership:Beach: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Oven, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: French Doors, Laundry Tub, Wet Bar, Breakfast Bar, Double Vanity
  • Living Area: 2540.0
  • Window Features: Bay Window(s), Electric Shutters, Sliding
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Appliances:Range3: Yes
  • Interior Features:Laundry Tub: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:French Doors: Yes

Exterior Features

  • Lot Features: City Lot, Corner Lot
  • Pool Features: In-Ground
  • Pool Private: Yes
  • View: Lake, See Remarks
  • Waterfront Features: Beach Access, None
  • Waterfront: No
  • Construction Type: Concrete Block Structure
  • Exterior Features: Deck, Outdoor Shower
  • Patio And Porch Features: Patio
  • Roof: Tile
  • Construction Materials:Concrete Block Structure: Yes
  • Waterfront Features:None2: Yes
  • Window and Door Features:Sliding: Yes
  • Patio and Porch Features:Patio: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Window and Door Features:Electric Shutters: Yes
  • Lot Features:City Lot: Yes
  • Lot Features:Corner Lot: Yes
  • Window and Door Features:Bay Window(s): Yes
  • Waterfront Features:Beach Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Bike Path, Fitness Center, Golf Course, Jogging Path, Playground, Pool, Putting Green, Tennis Court(s)
  • Association Fee: 10712.0
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Path: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Putting Green: Yes
  • Association Amenities:Tennis Court(s): Yes

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 50040400005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5904.0
  • Tax Block: 22
  • Tax Book Number: 1139
  • Tax Lot: 7
  • Tax Tract: 7
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Mar 13, 2015
Sold by
Lely Development Corporation
Bought by
Watt James A and Watt Jane B
Seller's Agent
James Prange
Premier Sotheby's International Realty
Buyer's Agent
Jim O'Donnell
Keller Williams Marco Realty
List Price
$889,000
Sold Price
$800,000
Premium/Discount to List
-$89,000
-10.01%
Current Estimated Value
$1,692,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$892,466
Avg. Annual Appreciation
7.30%
Original Mortgage
$640,000
Outstanding Balance
$490,357
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$1,202,109

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 17, 2013
Sold by
Merten Feddeler Karl L and Merten Feddeler Christel
Bought by
Lely Development Corporation
Seller's Agent
James Prange
Premier Sotheby's International Realty
Buyer's Agent
James Prange
Results Realty Marco Island
List Price
$599,500
Sold Price
$525,000
Premium/Discount to List
-$74,500
-12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.00%
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
Watt James A $800,000 Attorney
Lely Development Corporation $525,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watt James A $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2015 03/13/15 Sold $800,000 -10.0% $315 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
02/28/2014 02/28/14 For Sale $889,000 +69.3% $350 / Sq Ft
10/30/2013 10/30/13 Sold $525,000 -12.4% $207 / Sq Ft View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $599,500 -- $236 / Sq Ft
Source: Marco Island Area Association of REALTORS®

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
2025 $6,018 $593,974 -- --
2024 $5,970 $577,234 -- --
2023 $5,970 $560,421 $0 $0
2022 $6,094 $544,098 $0 $0
2021 $6,241 $528,250 $0 $0
2020 $5,887 $520,957 $0 $0
2019 $5,840 $509,244 $0 $0
2018 $5,918 $499,749 $0 $0
2017 $5,843 $489,470 $0 $0
2016 $5,681 $479,403 $0 $0
2015 $6,614 $466,548 $0 $0
2014 $5,904 $416,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2140650

APN: 50040400005