NOT LISTED FOR SALE

Estimated Value: $7,153,000 - $7,675,000

5 Beds
6.5 Baths
5,800 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $4,500,000 $776 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $44,863/month

24 Days on Market

Highlights

  • 180 Feet of Waterfront
  • White Water Ocean Views
  • Dock made with wood
  • Phillippi Shores Elementary School Rated A
  • Access To Intracoastal Waterway
  • 3-minute walk to Red Rock Park

About This Home

As of March 2018

A testament to the classic refinement and tropical ambiance of coastal living, this Bayfront estate is situated on almost one acre with 180 feet of water frontage. Completely renovated/expanded in 2017, savor unobstructed vistas of Roberts Bay and the Intracoastal where magnificent sunsets remind you to stop and enjoy the view. Set back from Red Rock Way, you’ll appreciate complete privacy. The stunning entrance leads past the library to the elegantly casual living room, with French doors, custom coral gas fireplace, and French oak floors. The dining room and large covered terrace are just steps away, with coral floors and a pecky cypress ceiling. The kitchen showcases custom cabinetry of painted wood and natural walnut, Calcutta gold marble and quartz, Thermador appliances, immense island, and wet bar. The family room, with wood-burning fireplace and French doors, leads to a terrace. The master bedroom is completely private and spacious with vaulted paneled ceiling, large covered terrace, his/her baths, outside shower and oversized closets. The second-floor features three en suite bedrooms while the fifth guest suite is completely separate. The focal point of the backyard is the heated pool with spa, along with fresh, new landscaping, century old oaks and mature palms. The waterfront dock is perfect for casual boating, water sports, fishing and watching the sunsets. West of the Trail, you are only moments from world class beaches, cultural activities, culinary pursuits and sporting adventures.

Last Agent to Sell the Property

Michael Hays

MICHAEL SAUNDERS & COMPANY License #3188992 Listed on: 01/22/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Alix Wexler, PA

License #0630434

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,590

Year Built

  • Built in 1966

Lot Details

  • 0.7 Acre Lot
  • 180 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Irregular Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Golf Cart Garage

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Custom Home
  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,800 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Breakfast Room
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range with Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Marble
  • Porcelain Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Bayou
  • Fishing Pier
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Dock has access to water
  • Rip-Rap
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Red Rock Terrace Community
  • Red Rock Terrace Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 3
  • Assessor Parcel Number 0076030007

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,590

Year Built

Built in 1966

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5800
  • Lot Size Acres: 0.7
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 7641
  • Lot Size Sq Ft: 30544
  • Directions to Property: US 41 to west on Bay Road to second Stop sign and make a slight jog left onto Red Rock Way. 4th home on the right.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95745
  • Price per Sq Ft: 775.86
  • Close to Original List Price Ratio: 0.95745
  • Ratio: Current Price\Building Area Total: 588.93
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Porcelain Tile, Hardwood
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Wet Bar
  • Appliances Included: Bar Fridge, Dishwasher, Double Oven, Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Freezer, Gas Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, ENERGY STAR Qualified Windows, Thermal Windows, Storm Window(s)
  • Street Number Modifier: 3930
  • Room Count: 8
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Family Room, Formal Living Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Fenced, French Doors, Hurricane Shutters, Irrigation System, Outdoor Grill, Outdoor Shower, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Roberts Bay And Icw
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Bayou, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Riprap
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0141F
  • Waterfront Frontage: 180
  • Water Frontage Feet Bay Harbor: 180
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Garage, Guest, Oversized
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Gas, Public, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0076030007
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Irregular Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Insulation, Windows
  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 17590
  • Tax Book Number: 533-461
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Mccolgan Ellyn A
Bought by
Ellyn A Mcgolgan Revocable Trust
Current Estimated Value
$7,496,048

Purchase Details

Listed on
Jan 22, 2018
Closed on
Mar 22, 2018
Sold by
Hays Michael R and Hays Christine G
Bought by
Mccolgan Ellyn A
Seller's Agent
Michael Hays
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Alix Wexler, PA
List Price
$4,700,000
Sold Price
$4,500,000
Premium/Discount to List
-$200,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Davy Mark A and Davy Elizabeth Ann
Bought by
Hays Michael R and Hays Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 30, 2001
Sold by
Stein John F
Bought by
Davy Mark A and Davy Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.02%

Purchase Details

Closed on
Sep 20, 1993
Sold by
Stein Margaret B
Bought by
Stein Margaret B
Source: Public Records

Range of Values:

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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
Ellyn A Mcgolgan Revocable Trust $100 --
Mccolgan Ellyn A $4,500,000 Attorney
Hays Michael R $2,600,000 None Available
Davy Mark A $1,250,000 --
Stein Margaret B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hays Michael R $1,960,000
Previous Owner Davy Mark A $1,500,000
Previous Owner Davy Mark A $1,215,000
Previous Owner Davy Elisabeth Ann $300,000
Previous Owner Davy Elisabeth Ann $100,000
Previous Owner Davy Mark A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $4,500,000 -4.3% $776 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $4,700,000 -- $810 / 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 $41,555 $3,619,306 -- --
2023 $41,555 $3,513,889 $0 $0
2022 $40,826 $3,411,543 $0 $0
2021 $41,030 $3,312,178 $0 $0
2020 $41,362 $3,266,448 $0 $0
2019 $43,277 $3,399,800 $1,791,100 $1,608,700
2018 $24,416 $1,915,624 $0 $0
2017 $17,590 $1,362,400 $0 $0
2016 $15,571 $1,804,200 $1,440,200 $364,000
2015 $15,862 $1,890,400 $1,531,300 $359,100
2014 $15,558 $1,125,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4207508

Stellar MLS

APN: 0076-03-0007