NOT LISTED FOR SALE

4040 Loomis Ave Boca Grande, FL 33921

Gasparilla Island Neighborhood

Estimated Value: $4,974,000 - $8,793,384

4 Beds
4.5 Baths
3,185 Sq Ft
$2,248/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $2,950,000 $926 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $45,255/month

79 Days on Market

Highlights

  • White Water Ocean Views
  • Deeded Boat Dock
  • Private Pool
  • Water access To Gulf or Ocean
  • Property Fronts a Bay or Harbor
  • 2.64 Acre Lot

About This Home

As of April 2013

A spectacular view on a generous 390' of pristine, deep water shoreline across mid-island "Big Flat" is calling you home! This Loomis Ranch is fun, practical and can accommodate family and friends. The one level home has 4 bedrooms and 4 ½ baths in a 2/2main house, a 2/2 guest house and an additional poolside ½ bath. With all the great water frontage and home spread out across the land ... Great water views come from everywhere! Features include: high ceilings, great room open spaces, eat-in kitchen anddining, spacious laundry/storage area, twin master walk-in closets, Anderson windows and doors allowing lots of light, Plantation shutters, beautiful hardwood and tile flooring, both large screened and open waterfront decking and porches, 2-car + golf cart garage, all centered around a relaxing pool, cabana and outdoor grilling area. Walk off the pool deck down to your boardwalk and out to your dock with boat lift ... excellent fishing with the kid's right off your dock! This Loomis Ranch is low maintenance and lots of fun in a great neighborhood of all estate lots and homes (one acre minimum). Come by car or by boat, you will want to see this one either way!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,028

Year Built

  • Built in 1999

Lot Details

  • 2.64 Acre Lot
  • Property Fronts a Bay or Harbor
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned AG-2

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Golf Cart Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 3,185 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • White Water Ocean Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Water access To Gulf or Ocean
  • Deeded Boat Dock
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Porch

Schools

  • Vineland Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • East Shore Acres Subdivision

Listing and Financial Details

  • Tax Lot 0210
  • Assessor Parcel Number 02-43-20-02-00000.0210

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,028

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 3185
  • Lot Size Acres: 2.64
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 7342
  • Lot Size Sq Ft: 115196
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 682.10
  • RATIO Current Price By Calculate: 926.22
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Great Room
  • Living Area Meters: 295.90

Exterior Features

  • Exterior Features: Lighting, Sliding Doors
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor,Gulf/Ocean
  • Water View: Bay/Harbor - Full
  • Water View YN: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Garage, Golf Cart Parking

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Vineland Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: AG-2
  • Parcel Number: 02-43-20-02-00000.0210
  • Additional Parcels: No
  • Lot Features: Paved
  • Future Land Use: 121

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-04-30T00:00:00.000

Tax Info

  • Tax Annual Amount: 17028
  • Tax Block: 00000
  • Tax Book Number: 0034/0125
  • Tax Lot: 0210

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2012
Closed on
Apr 25, 2013
Sold by
Lathrop Anne Alexander and Lathrop Walter W
Bought by
Sound Harbor Llc
List Price
$3,000,000
Sold Price
$2,950,000
Premium/Discount to List
-$50,000
-1.67%
Current Estimated Value
$7,159,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,209,128
Avg. Annual Appreciation
7.24%
Original Mortgage
$1,770,000
Outstanding Balance
$1,222,439
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$5,936,689

Purchase Details

Closed on
Feb 25, 1998
Sold by
Wilber David and Wilber Scotty W
Bought by
Lathrop Anne Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 15, 1995
Sold by
Pell Christopher T H and Pell Janet A
Bought by
Wilber David and Wilber Scot W

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
Interest Rate
8.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sound Harbor Llc $2,950,000 Attorney
Lathrop Anne Alexander -- --
Lathrop Anne Alexander $645,000 --
Wilber David $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sound Harbor Llc $1,770,000
Previous Owner Lathrop Anne Alexander $650,000
Previous Owner Wilber David $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $2,950,000 -1.7% $926 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $3,000,000 -- $942 / 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 $94,286 $6,924,750 -- --
2024 $86,542 $6,295,227 -- --
2023 $86,542 $5,722,934 $0 $0
2022 $80,109 $5,202,667 $0 $0
2021 $62,765 $4,729,697 $2,031,860 $2,697,837
2020 $59,097 $4,325,769 $1,827,840 $2,497,929
2019 $56,460 $4,169,129 $1,792,000 $2,377,129
2018 $52,138 $3,766,166 $1,792,000 $1,974,166
2017 $50,053 $3,620,025 $1,792,000 $1,828,025
2016 $44,714 $3,049,923 $1,884,917 $1,165,006
2015 $41,633 $2,777,631 $1,864,368 $913,263
2014 -- $2,586,923 $1,861,456 $725,467
2013 -- $3,338,083 $3,058,010 $280,073
Source: Public Records

Map

Source: Stellar MLS

MLS Number: D5789961

Stellar MLS

APN: 02-43-20-02-00000.0210

Florida Lee County Boca Grande 33921 Gasparilla Island

4040 Loomis Ave, Boca Grande, FL

Not Listed for Sale

Detached

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