NOT LISTED FOR SALE

423 Magnolia Ave Anna Maria, FL 34216

Estimated Value: $1,597,000 - $1,985,000

3 Beds
3 Baths
1,809 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $930,000 $514 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $11,556/month

84 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Boat Lift
  • In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Public Beach
  • Canal View

About This Home

As of February 2018

Incredible opportunity to own your own waterfront bungalow in City of Anna Maria – just a stroll to the sugary sand beach and the popular boutiques and restaurants on Pine Avenue. You’ll have plenty of space in this bright and open 3-bedroom, 3-bath home. The spacious great room opens up to the dining room and large kitchen with wood cabinets, granite countertops and double stainless sink. This property is ideal for those who want to soak up the sun and embrace the island lifestyle from a pavered deck surrounded by palm trees. The saltwater pool is the perfect place to relax, with an umbrella-shaded shallow lounge area and small bar. A spa with a waterfall flowing into the pool adds to the island vibe. And no island home would be complete without a private boat dock and lift! Spend your days in the sun, or head out on foot to the local hot spots just around the corner. This property has it all!

Last Agent to Sell the Property

Ryan Sheck

COLDWELL BANKER REALTY License #3356099 Listed on: 09/29/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Jason Sato

SATO REAL ESTATE INC. License #3050590

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,457

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • 20 Feet of Waterfront
  • Property fronts a saltwater canal
  • Public Beach
  • Fenced
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,809 Sq Ft Home
  • Great Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bimini Bay Estates Community
  • Bimini Bay Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 7055300209

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,457

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1809
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1809
  • Lot Size Sq Ft: 12632
  • Directions to Property: Gulf Drive heading towards Pine Avenue, take a right onto Magnolia Avenue, home is on the right.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 7044700
  • Call Center Phone Number: 941-778-7200
  • Ratio: Close Price\List Price: 0.97998
  • Price per Sq Ft: 514.1
  • Close to Original List Price Ratio: 0.97998
  • Ratio: Current Price\Building Area Total: 514.1
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Solid Wood Cabinets, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Street Number Modifier: 423
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Great Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Beach - Public, Canal - Saltwater
  • Water Extras: Dock - Composite, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0138E
  • Waterfront Frontage: 20
  • Water Frontage Feet Canal Salt: 20
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • 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: R1
  • Parcel Number: 7055300209
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Confirm restrictions with City of Anna Maria

Tax Info

  • Tax Annual Amount: 9457
  • Tax Book Number: 8-75
  • Tax Lot: 135

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Feb 2, 2018
Sold by
Nelson David W and Nelson Jacqualine A
Bought by
Linder Robert J and Linder Paulette G
Seller's Agent
Ryan Sheck
COLDWELL BANKER REALTY
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$949,000
Sold Price
$930,000
Premium/Discount to List
-$19,000
-2%
Current Estimated Value
$1,825,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,022
Avg. Annual Appreciation
9.31%
Original Mortgage
$744,000
Outstanding Balance
$630,763
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,194,259

Purchase Details

Closed on
Feb 22, 2006
Sold by
Long Carleton Real Estate Investment Par
Bought by
Nelson David W and Nelson Jacqueline A

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
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 2005
Sold by
Ellsworth W William
Bought by
Long Carleton Real Estate Investment Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2001
Sold by
Wall Geoffrey R and Wall Cherie A
Bought by
Ellsworth W William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.09%

Purchase Details

Closed on
Jun 7, 1996
Sold by
Macdonald Robert L and Macdonald Laura M
Bought by
Wall Geoffrey R and Wall Cherie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.21%
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
Linder Robert J $930,000 Attorney
Nelson David W $834,000 Gulf Coast Title Svcs Llc
Long Carleton Real Estate Investment Pa $606,000 --
Ellsworth W William $300,000 --
Wall Geoffrey R $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linder Robert J $744,000
Previous Owner Nelson David W $200,000
Previous Owner Nelson David W $650,000
Previous Owner Nelson David W $40,000
Previous Owner Long Carleton Real Estate Investment Pa $46,000
Previous Owner Ellsworth W William $240,000
Previous Owner Wall Geoffrey R $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $930,000 -2.0% $514 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $949,000 -- $525 / 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 $19,348 $1,112,560 -- --
2024 $19,348 $1,604,185 $948,813 $655,372
2023 $18,907 $1,605,561 $948,813 $656,748
2022 $12,558 $1,024,532 $522,500 $502,032
2021 $12,055 $759,894 $475,000 $284,894
2020 $11,506 $696,794 $456,000 $240,794
2019 $11,622 $696,794 $456,000 $240,794
2018 $10,839 $640,022 $418,000 $222,022
2017 $9,838 $606,406 $0 $0
2016 $9,457 $577,276 $0 $0
2015 $7,965 $552,334 $0 $0
2014 $7,965 $469,206 $0 $0
2013 $7,408 $433,382 $277,850 $155,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4197368

Stellar MLS

APN: 70553-0020-9