NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $3,551,000

7 Beds
7.5 Baths
9,695 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $2,350,000 $242 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $17,745/month

349 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Guest House
  • Boat Lift
  • Parking available for a boat
  • Dock made with wood
  • Tennis Courts

About This Home

As of June 2020

Nestled along 1200 feet of deep waterfront find your sanctuary with FAA approved, DOT licensed, County zoned heliport with hangar, Australian Open tennis court, and 3 Bay RV Garage (can accommodate approximately 40 cars). Entertain in grand style at the two-level, covered pool and spa graced by panoramic views of the water, firepit and tropical tiki hut. Every detail was carefully selected and quality crafted. The main grand Florida estate includes 6 bedrooms & 6 1/2 baths. Highlights include Brazilian cherry twin spiral staircases, French marble entry, two-story grand room with elegant coffered ceiling, theater room, billiards room, wine cellar, elevator, and a top-of-the-line chef's kitchen clad with premium finishes. The deep water access allows for the dockage of multiple large yachts with plenty of extra room for other leisure vessels. Live in the serenity and seclusion surrounded by Boy Scout Preserve and incredible water views. Enjoy the adjacent Robert K Rees Memorial Park for a beautiful Gulf beach. This estate also includes a detached caretaker/guest/in-law suite spanning 1,200 sq ft with full size kitchen and amazing views from the private balcony.

Last Agent to Sell the Property

Evan Pedone

ENGEL & VOLKERS MADEIRA BEACH License #3370730 Listed on: 06/14/2019

ENGEL & VOLKERS MADEIRA BEACH

Last Buyer's Agent

Kirk Budd

KELLER WILLIAMS REALTY- PALM H License #567319

KELLER WILLIAMS REALTY- PALM H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,347

Year Built

  • Built in 2002

Lot Details

  • 3.67 Acre Lot
  • 1,200 Feet of Waterfront
  • Property fronts a saltwater canal
  • Near Conservation Area
  • North Facing Home
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned AR1

Parking

  • 5 Car Garage
  • Parking Pad
  • Workshop in Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Open Parking
  • Parking available for a boat
  • RV Garage

Home Design

  • Florida Architecture
  • Elevated Home
  • Tri-Level Property
  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 9,695 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Inside Utility
  • Full Gulf or Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access to Saltwater Canal
  • Dock has access to water
  • Davits
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Open Dock
  • Tennis Courts
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Additional Homes

  • Guest House

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Richey Elementary School
  • Gulf Middle School
  • Gulf High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Key Verde Estates Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,347

Year Built

Built in 2002

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Siding, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 9695
  • Lot Size Acres: 3.67
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 16905
  • Lot Size Sq Ft: 159835
  • Directions to Property: US 19 N to left onto Green Key Rd. Follow Green Key Rd to second gate. Listing agent will open gate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8049095?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8049095?w=Customer
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 0000
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.81037
  • Price per Sq Ft: 242.39
  • Close to Original List Price Ratio: 0.60256
  • Ratio: Current Price\Building Area Total: 139.01
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Other Room
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 7
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Street Number Modifier: 4252
  • Room Count: 11
  • Additional Rooms: Bonus Room, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Inside Utility, Interior In-Law Suite, Loft
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Other Structures: Guest House, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Lighting, Other, Screen Enclosure
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Shower, Tennis Court(s)
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Canal To Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water View: Gulf/Ocean - Full
  • Water Access: Canal - Saltwater
  • Water Extras: Davits, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12101C0188F
  • Waterfront Frontage: 1200
  • Water Frontage Feet Canal Salt: 1200

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Open, Oversized, Parking Pad, RV Garage, Tandem, Workshop in Garage
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Secured Garage/Parking, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Richey Elementary-PO
  • High School: Gulf High-PO
  • Middle Or Junior School: Gulf Middle-PO

Lot Info

  • Zoning: AR1
  • Parcel Number: 06-26-16-0000-01000-0041
  • Additional Parcels: No
  • Lot Features: Conservation Area, Corner Lot, Flood Insurance Required, FloodZone, In County, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Verify any/all lease requirements with Pasco County.

Tax Info

  • Tax Annual Amount: 37347
  • Tax Block: 030301
  • Tax Book Number: 7-6
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Jun 25, 2020
Sold by
B W W Real Estate N V
Bought by
Rankin Randy and Rankin Ivett
Seller's Agent
Evan Pedone
ENGEL & VOLKERS MADEIRA BEACH
Buyer's Agent
Kirk Budd
KELLER WILLIAMS REALTY- PALM H
List Price
$2,950,000
Sold Price
$2,350,000
Premium/Discount to List
-$600,000
-20.34%
Current Estimated Value
$2,693,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,834
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
Mar 31, 1997
Sold by
King David W and Foster Michael A
Bought by
King David W
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
Rankin Randy $2,350,000 Title Agency Of Florida
King David W $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $2,350,000 -19.0% $242 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/13/2020 03/13/20 Price Changed $2,899,900 -1.7% $299 / Sq Ft
01/07/2020 01/07/20 Price Changed $2,950,000 0.0% $304 / Sq Ft
01/07/2020 01/07/20 For Sale $2,950,000 +25.5% $304 / Sq Ft
12/11/2019 12/11/19 Off Market $2,350,000 -- --
09/10/2019 09/10/19 Price Changed $3,495,000 -10.4% $360 / Sq Ft
06/13/2019 06/13/19 For Sale $3,899,999 -- $402 / 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 $43,400 $2,551,801 $877,989 $1,673,812
2024 $43,400 $2,549,613 $877,989 $1,671,624
2023 $40,797 $2,406,466 $772,989 $1,633,477
2022 $34,705 $2,213,138 $683,739 $1,529,399
2021 $31,960 $1,993,769 $598,005 $1,395,764
2020 $37,958 $2,368,193 $845,243 $1,522,950
2019 $38,109 $2,352,793 $845,243 $1,507,550
2018 $37,216 $2,288,964 $845,243 $1,443,721
2017 $36,612 $2,208,563 $845,243 $1,363,320
2016 $36,377 $2,165,778 $845,243 $1,320,535
2015 $34,755 $2,105,439 $845,243 $1,260,196
2014 $28,385 $1,681,546 $586,613 $1,094,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8049095

Stellar MLS

APN: 06-26-16-0000-01000-0041