NOT LISTED FOR SALE

4311 123rd Ct W Cortez, FL 34215

Estimated Value: $480,239 - $496,000

3 Beds
1 Bath
1,570 Sq Ft
$313/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $420,000 $268 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,017/month

7 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Family Room Off Kitchen
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Eat-In Kitchen
  • Sliding Doors

About This Home

As of July 2022

ATTENTION INVESTORS:::LOCATION LOCATION LOCATION::: RARE investment opportunity! This is a cash only, AS-IS investment property. Brick one story Single family 3BR+Flex room 1BA On Palma Sola Bay -fixer-upper needs work and has NO HOA fee's. This beautiful 1/2 Mile walk to the beach will be your treasure. This is your opportunity to remodel the home and have the vacation rental of your dreams (Airbnb) or tear down the home and build your dream. Perfect Location in Historical Cortez fishing village...with plenty to enjoy...fishing, Kayaking, boating, restaurants, shopping and the Gulf Beaches. There are Million+ dollar properties being built nearby. Property Value is in the land. This is a great investment.

Last Agent to Sell the Property

Lissa Laakso

HELP-U-SELL GULF COAST License #3290274 Listed on: 05/20/2022

Last Buyer's Agent

Lissa Laakso

HELP-U-SELL GULF COAST License #3290274 Listed on: 05/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1974

Lot Details

  • 8,000 Sq Ft Lot
  • 80 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned RDD-6

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • Sliding Doors
  • Family Room Off Kitchen
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Sea Breeze Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Ciprianis Community
  • Ciprianis Second Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Other
  • Fireplace: No
  • Living Area: 1570
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536002?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536002?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 267.52
  • Close to Original List Price Ratio: 0.93333
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Kitchen/Family Room Combo
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Connects To Palma Sola Bay
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 80
  • Additional Water Information: Home is on Palma Sola Bay/Harbor leading to the Gulf. Measurements to be verified by buyers agent/survey
  • Water Frontage Feet Bay Harbor: 80

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Sea Breeze Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: RDD-6
  • Parcel Number: 7611700001
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with city on leasing

Tax Info

  • Tax Annual Amount: 1368
  • Tax Block: 7611700001
  • Tax Book Number: 1596/2907
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 30, 2022
Sold by
Barnes Jeffrey L and Barnes Anna M
Bought by
Maldonm Group Llc
Seller's Agent
Lissa Laakso
HELP-U-SELL GULF COAST
Buyer's Agent
Lissa Laakso
HELP-U-SELL GULF COAST
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Current Estimated Value
$491,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,310
Avg. Annual Appreciation
4.61%
Original Mortgage
$400,700
Outstanding Balance
$381,253
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,057

Purchase Details

Closed on
Dec 29, 2010
Sold by
Tspfl Holding L L C
Bought by
Cortez Bbc Llc

Purchase Details

Closed on
Feb 7, 2000
Sold by
Cipriani Frank P and Cipriani Jo Anne
Bought by
Cipriani Frank P

Purchase Details

Closed on
May 14, 1999
Sold by
Powers Jerome and Powers Kathleen
Bought by
Barnes Jeffrey L and Barnes Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,368
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Maldonm Group Llc $420,000 Berlin Patten Ebling Pllc
Cortez Bbc Llc -- Attorney
Cipriani Frank P -- --
Barnes Jeffrey L $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonm Group Llc $400,700
Previous Owner Barnes Jeffrey L $80,368
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $420,000 -6.7% $268 / Sq Ft
06/03/2022 06/03/22 For Sale $450,000 0.0% $287 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $450,000 -- $287 / 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 $5,220 $318,140 $85,000 $233,140
2024 $5,220 $326,183 $85,000 $241,183
2023 $4,681 $315,297 $85,000 $230,297
2022 $1,716 $137,315 $0 $0
2021 $1,632 $133,316 $0 $0
2020 $1,673 $131,475 $0 $0
2019 $1,640 $128,519 $0 $0
2018 $1,621 $126,123 $0 $0
2017 $1,504 $123,529 $0 $0
2016 $1,494 $120,988 $0 $0
2015 $1,506 $120,147 $0 $0
2014 $1,506 $119,193 $0 $0
2013 $1,494 $117,432 $25,116 $92,316
Source: Public Records

Agents Affiliated with this Home

  • Lissa Laakso

    Seller's Agent in 2022

    Lissa Laakso

    HELP-U-SELL GULF COAST

    (941) 312-1377

    1 in this area

    24 Total Sales

    Lissa Laakso
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4536002

Stellar MLS

APN: 76117-0000-1

Florida Manatee County Cortez 34215

4311 123rd Ct W, Cortez, FL

Not Listed for Sale

Detached

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