NOT LISTED FOR SALE

501 74th St Holmes Beach, FL 34217

Estimated Value: $1,560,000 - $2,232,000

3 Beds
3 Baths
1,911 Sq Ft
$999/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $2,300,000 $1,204 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $12,800/month

50 Days on Market

Highlights

  • 260 Feet of Waterfront
  • Dock Does Not Have A Water Supply
  • Boat Lift
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • In Ground Spa

About This Home

As of February 2022

90k pool allowance! Island living at it's best, This unique one of a kind property. Located in Bay Palms the most sought after subdivision on the island. The corner lot features gorgeous views of the canal and the bayou, with 180 ft of water frontage, you have the flexibility to moor any size boat you desire, plus all the toys.
This home has an open floor plan with European kitchen, living-dining combo, with gorgeous views of the bayou and the canal, it also features a large master suite, 2 bedrooms and 2 full bathrooms, a large covered porch with great views, and a 2 car garage.
This home is within 4 blocks 8-10 min walk to one of the most beautiful beaches in the world.
Living on the canal with a close proximity to the beach gives you more options to enjoy what island life has to offer, fish off the dock, take your boat for a spin, paddleboard down the canal, take a stroll to the beach, dazzle your soul with a spectacular sunset, or lay poolside and enjoy.
Located in the center of the island within a mile of everything, completely remodeled in 2021 including a new AC and a new 40 yr metal roof, live worry free for years to come. Design your own pool on us, 90k pool allowance. The pool picture is for informational purposes only .

Last Agent to Sell the Property

Stephen Hachey

FLAT FEE MLS REALTY License #3389117 Listed on: 11/24/2021

Last Buyer's Agent

Robyn Hawk

DUNCAN REAL ESTATE, INC. License #3456614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,468

Year Built

  • Built in 1957

Lot Details

  • 8,455 Sq Ft Lot
  • Lot Dimensions are 89x95
  • 260 Feet of Waterfront
  • Property fronts a bayou
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Northwest Facing Home
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Off-Street Parking
  • Golf Cart Parking

Property Views

  • Bayou
  • Canal
  • Pool

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,911 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • French Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Visitor Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Kitchen Appliances
  • Accessible Hallway
  • Accessible Closets
  • Accessible Washer and Dryer
  • Accessible Doors

Outdoor Features

  • In Ground Spa
  • Water access To Gulf or Ocean
  • Access To Bayou
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • No Wake Zone
  • Boat Lift
  • Dock Does Not Have A Water Supply
  • Dock made with wood
  • Open Dock
  • Dock made with Composite Material
  • Patio
  • Exterior Lighting
  • Rear Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,468

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1911
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1957
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Full Bath, Visitor Bathroom, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer, Central Living Area
  • Building Area Total: 2399
  • Lot Size Sq Ft: 8455
  • Directions to Property: Gulf Dr to 74th st. Make a right 1st house on the right corner.of Marina Dr and 74th st.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3340182?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3340182?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86825
  • Price per Sq Ft: 1203.56
  • Close to Original List Price Ratio: 0.96315
  • Ratio: Current Price\Building Area Total: 958.73
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: ENERGY STAR Qualified Windows
  • Street Number Modifier: 501
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Fenced, French Doors, Lighting
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch, Rear Porch
  • Road Surface Type: Paved
  • Water View: Bayou, Canal
  • Water Access: Bay/Harbor, Bayou, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Davits, Dock - Composite, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/o Water Supply, Lift, No Wake Zone, Sailboat Water, Seawall - Concrete, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 260
  • Water Frontage Feet Bayou: 80
  • Additional Water Information: Corner lot , 180 FT waterfront on two sides, with a 30 ft dock, boat slip and 12,500 pounds boat lift. Deep Sailboat water, the only property on Anna Maria Island where you can moor a 45 ft sailing catamaran.
  • Water Frontage Feet Canal Salt: 180

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Parking, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Security Lights, Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Zoning: R1
  • Parcel Number: 6963700007
  • Additional Parcels: No
  • Lot Features: Corner Lot, Level
  • Lot Dimensions: 89x95
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 10467.7
  • Tax Book Number: 9-70
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bayou, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Feb 28, 2022
Sold by
Amjad Waliagha
Bought by
Drummond Thomas P and Drummond Debra L
Seller's Agent
Stephen Hachey
FLAT FEE MLS REALTY
Buyer's Agent
Robyn Hawk
DUNCAN REAL ESTATE, INC.
List Price
$2,388,000
Sold Price
$2,300,000
Premium/Discount to List
-$88,000
-3.69%
Current Estimated Value
$1,908,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$391,121
Avg. Annual Appreciation
-4.73%
Original Mortgage
$1,840,000
Outstanding Balance
$1,717,758
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$224,730

Purchase Details

Closed on
Oct 27, 2005
Sold by
Stefantos Evrikleia
Bought by
Waliagha Mohamad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Stefantos George and Estate Of Kassiani Stefantos
Bought by
Stefantos Evrikleia
Source: Public Records

Range of Values:

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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
Drummond Thomas P $2,300,000 Blalock Walters Pa
Waliagha Mohamad $650,000 Pinellas Title Services Inc
Stefantos Evrikleia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Thomas P $1,840,000
Previous Owner Waliagha Mohamad $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $2,300,000 -13.2% $1,204 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
11/27/2021 11/27/21 Price Changed $2,649,000 +10.9% $1,386 / Sq Ft
11/21/2021 11/21/21 For Sale $2,388,000 -- $1,250 / 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 $28,786 $1,941,844 $765,000 $1,176,844
2023 $28,277 $1,821,196 $680,000 $1,141,196
2022 $12,512 $868,150 $500,000 $368,150
2021 $10,468 $640,337 $450,000 $190,337
2020 $10,115 $587,606 $400,000 $187,606
2019 $10,086 $587,606 $400,000 $187,606
2018 $9,892 $572,537 $400,000 $172,537
2017 $9,239 $558,422 $0 $0
2016 $8,757 $517,192 $0 $0
2015 $7,630 $551,941 $0 $0
2014 $7,630 $448,964 $0 $0
2013 $7,227 $418,692 $300,950 $117,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3340182

Stellar MLS

APN: 69637-0000-7