NOT LISTED FOR SALE

402 Bay Palms Dr Holmes Beach, FL 34217

Estimated Value: $821,756 - $996,000

2 Beds
1 Bath
1,279 Sq Ft
$708/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $500,000 $391 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,370/month

10 Days on Market

Highlights

  • Open Floorplan
  • Midcentury Modern Architecture
  • Sun or Florida Room
  • Anna Maria Elementary School Rated A-
  • Fruit Trees
  • No HOA

About This Home

As of February 2020

First time on the market !!!
This Mid-Century charmer is located on an over-sized, corner lot, with R2 and weekly rental zoning. A true Florida ranch style floor plan with lots of open spaces, this home’s updates include newer roof, windows, HVAC system, custom pavered driveway, custom shutters, solid wood cabinets, wood burning fireplace and more! The cool terrazzo floors and authentic, period-specific bath tiles and light fixtures are a must see for Mid-Century design fans. Located in Holmes Beach, on beautiful Anna Maria Island, this house is close to shopping, restaurants, parks, and beaches. Perfect residence for full-time family, part-time seasonal, or weekly vacation home/rental—-a must see!!!

Last Agent to Sell the Property

Kellie Potter

BOYD REALTY License #3328755 Listed on: 01/17/2020

Co-Listed By

Scott May

BOYD REALTY License #3372310

Last Buyer's Agent

Gayle Schulz

SIMPSON SOUTH REALTY LLC License #0673224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1965

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 165x107
  • Southwest Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Fruit Trees
  • Property is zoned R2

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Room
  • Sun or Florida Room

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms Add 11Th Unit Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1279
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1965
  • Lot Size Sq Ft: 17655
  • Directions to Property: From Manatee Avenue : Travel West on Manatee Avenue. Turn right on Gulf Drive. Turn right on Marina Drive. Turn right on 71st Street. Turn right on Bay Palms Drive. House is first house on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456844?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456844?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94518
  • Price per Sq Ft: 390.93
  • Close to Original List Price Ratio: 0.94518
  • View: No
  • Co List Office Mls Id: 266510255
  • Co List Office Phone: 941-750-8844
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets
  • Appliances Included: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Shutters
  • Street Number Modifier: 402
  • Room Count: 4
  • Additional Rooms: Breakfast Room Separate, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Shed(s)
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R2
  • Parcel Number: 7142200000
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Lot Dimensions: 165x107
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1866.08
  • Tax Block: A
  • Tax Book Number: 15-1
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
Feb 28, 2020
Sold by
Gemperline Stephanie Leigh and Robinson Kristin Lynn
Bought by
Schulz Gayle Simpson
Seller's Agent
Kellie Potter
BOYD REALTY
Buyer's Agent
Gayle Schulz
SIMPSON SOUTH REALTY LLC
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Current Estimated Value
$993,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,023
Avg. Annual Appreciation
13.73%
Source: Public Records

Range of Values:

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Average Value
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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
Schulz Gayle Simpson $500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gemperline Janice M $69,000
Previous Owner Gemperline Charles E $5,000
Previous Owner Gemperline Charles E $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $500,000 -5.5% $391 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $529,000 0.0% $414 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $529,000 -- $414 / 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 $10,618 $786,537 $501,772 $284,765
2023 $10,516 $807,239 $501,772 $305,467
2022 $8,625 $569,108 $301,440 $267,668
2021 $7,431 $446,649 $301,440 $145,209
2020 $7,221 $411,710 $276,320 $135,390
2019 $7,131 $411,710 $276,320 $135,390
2018 $1,866 $132,018 $0 $0
2017 $1,740 $129,303 $0 $0
2016 $1,727 $126,643 $0 $0
2015 $1,674 $125,763 $0 $0
2014 $1,674 $124,765 $0 $0
2013 $1,661 $122,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456844

Stellar MLS

APN: 71422-0000-0