NOT LISTED FOR SALE

487 Pinellas Bayway S Unit 202 Saint Petersburg, FL 33715

Estimated Value: $963,262 - $1,016,000

4 Beds
3.5 Baths
2,970 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,000,000 $337 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,255/month

69 Days on Market

Highlights

  • Waterfront Community
  • Open Floorplan
  • Living Room with Fireplace
  • Garage Apartment
  • Deck
  • Garden View

About This Home

As of July 2024

Prepare yourself to be thrilled by one of the most unique and beautiful townhomes in the St. Petersburg area. This gorgeous home features a 3-bedroom 2 1⁄2 bath main residence, as well as a 1-bedroom, 1-bath guest apartment over a 2-car garage, separated by a lovely garden courtyard. Elegantly appointed, the property lives like a single-family home, but without all the work and worry. It offers all the room and livability of a spacious freestanding house with the convenience of a small, well-run townhome community. If you must leave for a while, simply lock the door, and your backyard, pool, driveway, and grounds will be handled for you. A handsome iron gate leads to the quiet, private courtyard, happily welcoming you home and impressing your guests as they arrive. Beautiful coastal wood floors flow through this striking home, enriching its open, flowing feel. The kitchen is rich with wooden cabinetry, always in style, granite counter space for several cooks, and upscale appliances. The unique placement of the dining room allows it to be separate and special, yet open to the rest of the home. Just off the kitchen, the casual dining area is perfect for every day intimate meals. Fortunately, the impressive great room with its stunning fireplace and walls of windows can be seen and enjoyed from most living areas. All three of the bedrooms in the main home are spacious and bright, but the primary bedroom suite is nothing short of extraordinary, with vaulted ceilings, handsome shiplap walls, a private screened patio, and a sumptuous bath, featuring a large soaking tub, dual glass sink vanity, and frameless walk-in shower. It’s just delightful. In addition to the three bedrooms, the main house also sports a large loft area, perfect for guests, an office, a workout room, or whatever else for which you might need some extra space. The outdoor living is also wonderful, with both a covered and screened porch and a large, sun-drenched deck overlooking the rear gardens. The apartment over the garage features an apartment with an open floor plan with full kitchen, a private bedroom, a full bath, and closet space. Another valuable addition with a ton of potential uses. The finishes throughout the home are truly wonderful, and features like impact-rated windows, stained wood crown molding and baseboards, exceptional light fixtures, wainscoting, and so much more make this a genuinely wonderful and practical home. Bridgewater Townhomes is a waterfront community with an upscale, tropical feel. Walk down the garden path to the waterside pool and enjoy views over the wide canal towards Sands Point. The island of Tierra Verde is a subtropical paradise like no other. With an outstanding collection of restaurants and services right here on the island, and the vibrancy of downtown St. Petersburg and its museums, entertainment, restaurants, and nightlife just minutes away, you’ve got everything you need close at hand. Plus, you’ve got quick access to multiple international airports, including TPA, PIE, and SPG, as well as to the perennially award-winning coastline of St. Pete Beach and Historic Pass-a-Grille. Tierra Verde is also the gateway to Ft. DeSoto, with its miles of pristine white sand beaches, hiking/biking/blading trails, and some of the best kayaking you’ll ever encounter. Come see for yourself. You won’t be disappointed. ** Owner financing may be available, and boat slips may be available to rent **

Last Agent to Sell the Property

Libby Salamone

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #476354 Listed on: 02/02/2024

COMPASS FLORIDA LLC

Co-Listed By

Andrew Salamone

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3381195

COMPASS FLORIDA LLC

Last Buyer's Agent

Andrew Salamone

COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3381195

COMPASS FLORIDA LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,918

Year Built

  • Built in 1993

Lot Details

  • 3,903 Sq Ft Lot
  • Northeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Driveway

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,970 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Loft
  • Inside Utility
  • Luxury Vinyl Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard
  • Deck
  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, ground maintenance, sewer, trash, water
  • Bridgewater Townhomes/Ben Davis Association
  • Tierra Verde Community Association, Phone Number (727) 867-9362
  • Bridgewater Twnhms Subdivision

Recreation

  • Waterfront Community
  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 2 Pets Allowed
  • Dogs and Cats Allowed
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,918

Year Built

Built in 1993

Lot Details

0

HOA Fees

$474 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2970
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 2970
  • Lot Size Sq Ft: 3903
  • Directions to Property: Pinellas Bayway to address. Park in driveway or across from it.
  • Status: Sold
  • Street Post Direction: S
  • Co List Office Mls Id: MFR260033445
  • Co List Office Phone: 727-339-7902
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Tierra Verde
  • Escrow State: FL
  • Escrow Street Name: Pinellas Bayway Suite 100
  • Escrow Street Number: 1100
  • List Office Head Office Key Nume: 169647934
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 336.70
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • MFR_InLawSuiteYN: 1
  • MFR_CommunityAssociationWaterFeatures: Waterfront
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchenette,Private Entrance
  • Attribution Contact: 727-339-7902
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 487
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Garage Apartment,Inside Utility,Loft
  • Living Area Meters: 275.92
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Courtyard
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Deck, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-24
  • Flood Zone Panel: 12103C0286H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Pool
  • Association Fee: 1400
  • Association Fee Frequency: Quarterly
  • Association Name: Bridgewater Townhomes/Ben Davis
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 80.32
  • Association #2 Fee Frequency: Annually
  • Association: Tierra Verde Community Association
  • Association Phone #2: 727-867-9362
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Board just voted for increase of pet weight to 40lbs, subject to board approval of breed.
  • Association Fee Requirement: Required
  • Building Name Number: BRIDGEWATER TOWNHOMES
  • Max Pet Weight: 40
  • Association Email: ceo@coastaleye.com
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 5680.32
  • Total Monthly Fees: 473.36
  • Monthly HOA Amount: 466.67

Lot Info

  • Zoning: RM-15
  • Parcel Number: 20-32-16-11351-000-0090
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 363

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA rules for clarification on lease restrictions. Note that board has just raised the minimum lease period from 3 to 6 months.

Tax Info

  • Tax Annual Amount: 3918
  • Tax Block: 000
  • Tax Book Number: 109-88
  • Tax Lot: 9

Multi Family

  • Approval Process: See HOA rules for lease approval.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Aug 1, 2024
Sold by
Schwegrman Maury and Schwegman Teri
Bought by
Kostecki Nicholas and Kostecki Leah
Seller's Agent
Libby Salamone
COMPASS FLORIDA LLC
Buyer's Agent
Andrew Salamone
COMPASS FLORIDA LLC
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
388
Current Estimated Value
$984,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,434
Avg. Annual Appreciation
-1.54%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Aurora Loan Services Llc
Bought by
Schwegman Maury and Schwegman Teri

Purchase Details

Closed on
Aug 6, 2008
Sold by
Res Willis D and Res 31233 Bridgegate Dr George
Bought by
George Frank and George Susanna

Purchase Details

Closed on
May 9, 2008
Sold by
Korol Elena L and Citibank Na
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 29, 2005
Sold by
Qurashi Maqbool and Qurashi Reinhild
Bought by
Korol Elena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,747
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Kostecki Nicholas $1,000,000 Landstar Title Of Florida
Schwegman Maury $181,101 Landcastle Title Llc
George Frank -- None Available
Aurora Loan Services Llc -- None Available
Korol Elena L $400,900 Stewart Title Of Pinellas In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Brigette M $148,006
Previous Owner Korol Elena L $568,000
Previous Owner Korol Elena L $70,500
Previous Owner Korol Elena L $206,000
Previous Owner Korol Elena $74,200
Previous Owner Korol Elena L $360,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $1,000,000 -13.0% $337 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
02/28/2024 02/28/24 Price Changed $1,150,000 -4.2% $387 / Sq Ft
02/02/2024 02/02/24 For Sale $1,200,000 -- $404 / 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 $3,918 $273,879 -- --
2023 $3,918 $265,902 $0 $0
2022 $3,847 $258,157 $0 $0
2021 $3,910 $250,638 $0 $0
2020 $3,902 $247,178 $0 $0
2019 $3,837 $241,621 $0 $0
2018 $3,786 $237,116 $0 $0
2017 $3,757 $232,239 $0 $0
2016 $3,728 $227,462 $0 $0
2015 $3,792 $225,881 $0 $0
2014 $3,771 $224,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8229172

Stellar MLS

APN: 20-32-16-11351-000-0090