NOT LISTED FOR SALE

3840 Mariners Way Unit 524A Cortez, FL 34215

Estimated Value: $766,000 - $848,000

3 Beds
2 Baths
1,942 Sq Ft
$839/mo HOA Fee

Last Sold August 06, 2019

Last sale price $485,000 $250 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,509/month

57 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Access To Intracoastal Waterway
  • White Water Ocean Views
  • Assigned Boat Slip
  • Gated Community

About This Home

As of August 2019

Located in the village of Cortez FL, just before the bridge to Anna Maria, lies the gated community of Mariners Cove. A small enclave of 80 condos, nestled among large Australian Pines on the shores of Anna Maria Sound. This tastefully updated condo is spacious and features 2 large bedrooms, 2 bathrooms, and a loft area that is used as 3rd bedroom, with plenty of room for 2 double or 2 single beds. Hurricane windows installed in the front of the home, and electric shutters on the lanai. Direct views of the Intercostal Waterway and Anna Maria Sound provide your own private show of dolphins, manatee, and abundant bird wildlife. Mariners Cove is a unique property has the amenities to suit many individual tastes. Special features include 2 pools, tennis courts, kayak launch, your own private boat slip that accommodates up to a 35' vessel, and new rules that allow owners to put in their own boat lift. The kitchen, bathrooms and flooring have been updated, so consider this "move in ready". The condo has 2 assigned under building parking spaces, storage area, kayak storage, and an elevator that makes the second floor access a breeze. The outside entry area even has a small alcove for a table and chairs to make full use of the entire footprint of the home. Bring your bathing suits, boat, pets, and family to enjoy the sun and fun of the Gulf Coast. Come see what the previous original owners have enjoyed for 30 years!

Last Agent to Sell the Property

Mark Boehmig

MICHAEL SAUNDERS & COMPANY License #3311482 Listed on: 04/16/2019

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joanne Jenkins

MICHAEL SAUNDERS & COMPANY License #0645567

Last Buyer's Agent

Gene DePoris

COLDWELL BANKER REALTY License #3072281

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,453

Year Built

  • Built in 1984

Lot Details

  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $839 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Parking Garage Space

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal

Home Design

  • Elevated Home
  • Shingle Roof
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Low Emissivity Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Loft
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Assigned Boat Slip
  • Boat Slip Deeded Off-Site
  • Dock made with Composite Material
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, trash, water
  • C & S Mgmt / Chris Brown Association, Phone Number (941) 753-9594
  • Visit Association Website
  • Mariners Cove Condo Community
  • Mariners Cove Condo I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Community Storage Space
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,453

Year Built

Built in 1984

Lot Details

0

HOA Fees

$839 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1942
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2230
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433572&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433572&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97
  • Price per Sq Ft: 249.74
  • Close to Original List Price Ratio: 0.97
  • Ratio: Current Price\Building Area Total: 217.49
  • View: Yes
  • Co List Office Mls Id: 266500100
  • Co List Office Phone: 941-748-6300
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Low Emissivity Windows, Window Treatments
  • Room Count: 6
  • Additional Rooms: Attic, Inside Utility, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Other, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Canal, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Assigned Boat Slip, Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip Deeded Off-Site, Dock w/Electric, Dock w/Water Supply
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0277E
  • Additional Water Information: Anna Maria Sound / Palma Sola Bay / ICW
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Guest, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Boat Dock, Elevator(s), Gated, Maintenance, Pool, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Name: C & S Mgmt / Chris Brown
  • Phone: (941) 753-9594 E
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 2517
  • Condo Fees Term: Quarterly
  • Association Website: www.cscmsi.com
  • Association Email: cbrown@cscmsi.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 839
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 10068
  • Total Monthly Fees: 839

Lot Info

  • Zoning: PDR/HA/C
  • Parcel Number: 7601321305
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Please see Condominium Documents for Rental Restrictions (or Guidelines). Application plus $100 fee. Must be approved prior to occupancy.
  • Num Timesper Year: 3
  • Pet Restrictions: Please see Condominium Documents for Pet Restrictions (or Guidelines). Note: Per C & S Mgmt, there is no weight limit.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 5453
  • Tax Book Number: 1043-123
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2020
Sold by
Morrow William J and Morrow Constance
Bought by
Morrow William J and Morrow Constance
Current Estimated Value
$806,442

Purchase Details

Listed on
Apr 16, 2019
Closed on
Aug 6, 2019
Sold by
Gilloon Frank D and Gilloon Jon B
Bought by
Morrow William J and Morrow Constance A
Seller's Agent
Mark Boehmig
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$200,000
Outstanding Balance
$175,271
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$631,171

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jul 28, 2019
Sold by
Gilloon Peter K
Bought by
Gilloon Frank D
Seller's Agent
Mark Boehmig
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,271
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$631,171

Purchase Details

Listed on
Apr 16, 2019
Closed on
Jul 27, 2019
Sold by
Gilloon Mark D
Bought by
Gilloon Frank D
Seller's Agent
Mark Boehmig
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$175,271
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$631,171

Purchase Details

Closed on
Dec 26, 2013
Sold by
Gilloon Frank D
Bought by
Gilloon Frank D and Gilloon Jon B

Purchase Details

Closed on
Dec 10, 2001
Sold by
Gilloon Shirley Ann and Gilloon Frank D
Bought by
Shirley A Gilloon Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrow William J -- None Available
Morrow William J $485,000 Attorney
Gilloon Frank D -- Attorney
Gilloon Frank D -- Attorney
Gilloon Frank D -- Attorney
Shirley A Gilloon Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow William J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2019 08/06/19 Sold $485,000 -3.0% $250 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $500,000 -- $257 / 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
2025 $5,187 $417,400 -- --
2024 $5,187 $405,637 -- --
2023 $5,116 $393,822 $0 $0
2022 $4,992 $382,351 $0 $0
2021 $4,793 $371,215 $0 $0
2020 $5,840 $380,000 $0 $380,000
2019 $5,826 $375,000 $0 $375,000
2018 $5,453 $345,000 $0 $0
2017 $6,190 $422,000 $0 $0
2016 $5,704 $372,700 $0 $0
2015 $5,158 $372,700 $0 $0
2014 $5,158 $324,728 $0 $0
2013 $5,423 $337,942 $1 $337,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4433572

Stellar MLS

APN: 76013-2130-5