NOT LISTED FOR SALE

Estimated Value: $471,000 - $539,000

5 Beds
3 Baths
2,016 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $490,000 $243 Per Sq Ft

Current estimated payment $2,836/month

37 Days on Market

Highlights

  • Lake Front
  • Main Floor Primary Bedroom
  • Family Room Off Kitchen
  • In Ground Pool
  • No HOA
  • Screened Patio

About This Home

As of May 2024

INCOME PRODUCING OPPORTUNITY! Live on one side and rent the other or rent both for maximum investment return! Wake up to Paradise: Waterfront Duplex with Pool in the heart of Bradenton. Imagine sipping your coffee each morning on your own lanai, bathed in the warm glow of the sunrise cascading over the sparkling lake. This stunning 5-bedroom, 3-bathroom duplex offers the perfect blend of waterfront living and convenient location. Unwind after a long day with a refreshing dip in your private pool, situated privately on the left side of the property that has 3 bedrooms and 2 bathrooms. The left side unit has a lockable door to 1 bedroom and 1 bathroom with exterior entry on the left side should you decide to Airbnb this section. –2 NEW Water Heaters – 2 NEW HVAC’s -- Perfect for entertaining family and friends, this outdoor oasis promises countless memories. Peace of mind for families! The property is conveniently located near IMG Academy, State College of Florida, and Bayshore High School, ensuring a quality education for your children. LOCATION, LOCATION, LOCATION! You'll be close to everything you need. Stock up on fresh produce at Detweilers Farm Market, just a short drive away. When the beach beckons, Bradenton Beach is only 12 minutes away! Don't miss this opportunity to own a piece of paradise!

Last Agent to Sell the Property

Nicholas Rapisardi

SIMPLIHOM License #3229484 Listed on: 03/14/2024

Last Buyer's Agent

Marc Richman

COLDWELL BANKER REALTY License #3516244

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Fenced

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Screened Patio
  • Outbuilding
  • Private Mailbox

Schools

  • Moody Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,016 Sq Ft Building
  • Cedar Terrace Community
  • Acreage Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 2016
  • Lot Size Sq Ft: 13599
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 187.29
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 243.06
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 187.29

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Outbuilding(s), Fence, French Doors, Private Mailbox
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0303F

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Buyer/Owner to confirm with Manatee County for any pet restrictions.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Moody Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RMF9
  • Parcel Number: 5254600207
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 5000
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer/Owner to confirm with Manatee County for any lease restrictions.

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Lake
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3210
  • Tax Book Number: 1-127
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 20, 2024
Sold by
Maginnis Karen
Bought by
Blakley Olivia and Blakley Michael
Seller's Agent
Nicholas Rapisardi
SIMPLIHOM
Buyer's Agent
Marc Richman
COLDWELL BANKER REALTY
List Price
$510,000
Sold Price
$490,000
Premium/Discount to List
-$20,000
-3.92%
Views
115
Current Estimated Value
$492,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,448
Avg. Annual Appreciation
0.30%
Original Mortgage
$416,500
Outstanding Balance
$410,593
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$81,855

Purchase Details

Closed on
Sep 30, 2021
Sold by
Maginnis Karen
Bought by
Maginnis Karen and Maginnis Shannon

Purchase Details

Closed on
May 10, 2016
Sold by
Eason Dale G and Eason Patricia A
Bought by
Maginnis Paul and Maginnis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,522
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2014
Sold by
Howard Paul C and Howard Sandra J
Bought by
Eason Dale G and Eason Partricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1998
Sold by
Cascio Russell and Cascio Helen R
Bought by
Howard Paul C and Howard Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
6.84%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Cascio Russell and Cascio Helen R
Bought by
Howard Paul C and Howard Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blakley Olivia $490,000 None Listed On Document
Maginnis Karen -- Accommodation
Maginnis Paul $192,000 Gold Key Title Lc
Eason Dale G $130,000 Fidelity Title & Exchange Se
Howard Paul C -- --
Howard Paul C $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blakley Olivia $416,500
Previous Owner Maginnis Paul $188,522
Previous Owner Eason Dale G $127,645
Previous Owner Howard Paul C $91,700
Previous Owner Howard Paul C $91,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2024 05/20/24 Sold $490,000 -3.9% $243 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $510,000 +4.1% $253 / Sq Ft
04/04/2024 04/04/24 Off Market $490,000 -- --
03/14/2024 03/14/24 For Sale $150,000 -- $74 / Sq Ft
Source: Stellar MLS

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 $3,323 $410,342 $45,900 $364,442
2024 $3,323 $249,255 -- --
2023 $3,210 $246,242 $0 $0
2022 $3,006 $222,319 $0 $0
2021 $2,595 $183,783 $0 $0
2020 $2,567 $175,493 $0 $0
2019 $2,487 $171,485 $0 $0
2018 $2,337 $160,430 $20,000 $140,430
2017 $2,459 $136,000 $0 $0
2016 $2,304 $127,500 $0 $0
2015 $941 $110,500 $0 $0
2014 $941 $83,556 $0 $0
2013 $873 $80,891 $15,100 $65,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4603398

Stellar MLS

APN: 52546-0020-7