NOT LISTED FOR SALE

Estimated Value: $154,000 - $398,000

0.2 Acre
$1,365,250 Price per Acre
8,538 Sq Ft Lot

Last Sold February 19, 2020

Last sale price $155,000

Est. 76% increase in value since last sale

Current estimated payment $1,602/month

292 Days on Market

Highlights

  • Marina
  • Full Bay or Harbor Views
  • Park
  • Palma Sola Elementary School Rated A-
  • No HOA
  • First Come-First Served Dock

About This Lot

As of February 2020

Build your dream home in Palma Sola Park, right across from Palma Sola causeway. This lot offers it all. Beautiful Sunsets and Partial view of the Bay. This Lot is in the perfect location, walk across the street and enjoy all the activities on Palma Sola Causeway. Go for a horse back ride, kayak, picnic or go for a swim. Palma Sola Park has a Marina with 1st come slips for it's residents. A gathering place in the winter months to also watch the Manatees. Rose Park down the street has a beautiful pier out to the bay, watch the sunsets or bring your fishing pole. Biking distance to enjoy Anna Maria Island and the wonderful beaches and restaurants. So much to do steps from your front door. There are also two boat ramps around the corner. Choose your builder or use ours. Sought after location with multi million dollar homes. Build yours for less! Partially cleared.

Last Agent to Sell the Property

Patti Evans

WAGNER REALTY License #3280465 Listed on: 03/31/2019

WAGNER REALTY

Last Buyer's Agent

Jessie Xu

FINE PROPERTIES License #3435636

FINE PROPERTIES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $961

Lot Details

  • 8,538 Sq Ft Lot
  • Lot Dimensions are 109x125x128x47
  • West Facing Home
  • Property is zoned RSF4.5

Property Views

  • Full Bay or Harbor Views

Listing and Financial Details

  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 3849900000

Community Details

Overview

  • No Home Owners Association
  • Palma Sola Community
  • Palma Sola Park Subdivision

Recreation

  • Marina
  • Park
  • No Fixed Bridges
  • First Come-First Served Dock

Property Details

Property Type

Land

Est. Annual Taxes

$961

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8538
  • Directions to Property: Head west on Manatee Ave, turn left on Palma Sola Blvd. Lot is second lot from Manatee on left side.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.92262
  • Price per Sq Ft: 18.15
  • Close to Original List Price Ratio: 0.62
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 503

Exterior Features

  • Direction Faces: West
  • Waterfront: No
  • Water View: Bay/Harbor - Partial
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View Y N: Yes
  • Front Footage: 109
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0282E

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Marina, Park
  • Association: No
  • Amenities Additional Fees: Community boat ramp for Palma Sola Park residents, first come, fee for slip cost depends on slip, Social club.

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 3849900000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 109x125x128x47
  • Price Per Acre: 775000
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 961
  • Tax Block: 2
  • Tax Book Number: 2-122
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2019
Closed on
Feb 18, 2020
Sold by
Gallmeyer Don D and The Don D Gallmeyer Revocable
Bought by
Ye Hao and Chen Xiangling
Seller's Agent
Patti Evans
WAGNER REALTY
Buyer's Agent
Jessie Xu
FINE PROPERTIES
List Price
$250,000
Sold Price
$155,000
Premium/Discount to List
-$95,000
-38%
Current Estimated Value
$273,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,050
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Apr 19, 2010
Sold by
Gallmeyer Don G and Gallmeyer Virginia M
Bought by
Gallmeyer Don D and The Don D Gallmeyer Revocable

Purchase Details

Closed on
Apr 8, 2008
Sold by
Gallmeyer Jon D
Bought by
Gallmeyer Don D and Gallmeyer Virginia M
Source: Public Records

Range of Values:

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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
Ye Hao $155,000 Silverline Title & Escrow
Gallmeyer Don D -- Attorney
Gallmeyer Don D -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $155,000 -7.7% --
01/15/2020 01/15/20 Pending -- -- --
06/11/2019 06/11/19 Price Changed $168,000 -32.8% --
03/29/2019 03/29/19 For Sale $250,000 -- --
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 $1,759 $129,200 $129,200 --
2024 $1,759 $129,200 $129,200 --
2023 $1,780 $129,200 $129,200 $0
2022 $1,618 $115,000 $115,000 $0
2021 $1,680 $120,000 $120,000 $0
2020 $1,205 $94,500 $94,500 $0
2019 $949 $63,000 $63,000 $0
2018 $961 $63,000 $63,000 $0
2017 $926 $63,800 $0 $0
2016 $863 $58,000 $0 $0
2015 $826 $58,000 $0 $0
2014 $826 $54,913 $0 $0
2013 $747 $47,750 $47,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4431961

Stellar MLS

APN: 38499-0000-0