$310,000
SOLD MAR 20, 2024

503 Spring Lakes Blvd Unit 503 Bradenton, FL 34210

South Bradenton Neighborhood
2 Beds
2 Baths
1,416 Sq Ft
$667/mo HOA Fee

Recently Sold

$219 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Shade Shutters
  • Solid Surface Countertops
  • Hurricane or Storm Shutters
  • Walk-In Closet

About This Home

As of March 2024

Beautiful, Spring Lakes Unit located in the middle of 88 acres of audubon bird sanctuary close to Anna Maria Island. This 2 bed 2 bath unit features a updated Kitchen with granite counters and recessed lighting, under cabinet lighting and a fashionable tile backsplash. A tankless water heater was added to create additional space in the large kitchen allowing for the open bar concept to create this open concept. Tasteful maple cabinets gives this area a warm, welcoming feeling as you enter the home. The baths have been updated to give this home a sense of modern purpose and tasteful elegance. Enjoy coffee or reading a book on the Florida room overlooking the back lanai adorned with artificial turf for a clean tropical feel. Just a short walk to the heated swimming pool and you are in a lush paradise with all the amenities of a resort yet so close to shopping and dining. If you're looking for a beach adventure, you are just 15 short minutes away from the beaches of Anna Maria Island. Be sure to put this on your must visit list for your Florida get-a-way.

Last Agent to Sell the Property

Jeff Petitt

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3240609 Listed on: 02/02/2024

LPT REALTY, LLC

Last Buyer's Agent

Richard Fosmore

LPT REALTY, LLC License #3580324

LPT REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1984

HOA Fees

  • $667 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Shade Shutters
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • Courtyard
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, pest control, recreational facilities, sewer, trash, water
  • Penny Association, Phone Number (941) 358-3366
  • Spring Lakes Condominium Community
  • Spring Lakes II Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Dogs Allowed
  • Small pets allowed

Additional Features

  • Community Mailbox
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,056

Year Built

Built in 1984

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Fidelity Bond, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1416
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1700
  • Directions to Property: Entrance to Spring Lakes from 34th Street follow to 500 cluster on left. If coming off Cortez Road follow to second left then right on Spring Lakes 500 cluster. Property will be on your right.
  • Status: Sold
  • Co List Office Phone: 877-366-2213
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Holmes Beach
  • Escrow Postal Code: 34217
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 524162049
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 218.93
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 503
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 131.55
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Courtyard, Hurricane Shutters, Irrigation System, Lighting, Shade Shutter(s), Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0303F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Mailbox, Deed Restrictions, Irrigation-Reclaimed Water, Park, Pool, Tennis Courts
  • Association Fee Frequency: Quarterly
  • Association Name: Penny
  • Phone: 941-358-3366
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See Rules and Regulations
  • Association Fee Requirement: Required
  • Building Name Number: 503
  • Condo Fees: 2000
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: penny@dellcor.com
  • Monthly Condo Fee Amount: 667
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 8000.00
  • Total Monthly Fees: 666.67

Lot Info

  • Zoning: PDR
  • Parcel Number: 5182870310
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Rules and Regulation for details

Tax Info

  • Tax Annual Amount: 3056
  • Tax Book Number: 1027-3295
  • Tax Lot: 0

Multi Family

  • Approval Process: Application and Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
May 16, 2024
Sold by
Reed Patricia Ann
Bought by
Reed Patricia Ann and Merkel Tracy Joe
Seller's Agent
Jeff Petitt
LPT REALTY, LLC
Buyer's Agent
Richard Fosmore
LPT REALTY, LLC
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.82%

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 20, 2024
Sold by
Harman Stephen B
Bought by
Reed Patricia A
Seller's Agent
Jeff Petitt
LPT REALTY, LLC
Buyer's Agent
Richard Fosmore
LPT REALTY, LLC
List Price
$320,000
Sold Price
$310,000
Premium/Discount to List
-$10,000
-3.12%
Views
20

Purchase Details

Closed on
Feb 11, 2020
Sold by
Harman Stephen B
Bought by
Harman Stephen B and Harman Megan Sue

Purchase Details

Listed on
Jan 20, 2019
Closed on
Jan 29, 2019
Sold by
Wunsch Allan Rogers and Irwin Ronald
Bought by
Harman Stephen B
Seller's Agent
Penny Pier
COLDWELL BANKER REALTY
Buyer's Agent
Penny Pier
COLDWELL BANKER REALTY
List Price
$184,500
Sold Price
$180,000
Premium/Discount to List
-$4,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,260
Interest Rate
4.45%

Purchase Details

Closed on
Jun 29, 2009
Sold by
Irwin William F
Bought by
Wunsch Allan Rogers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2005
Sold by
Perrey Linda S and Stertzer Andrew
Bought by
Irwin Donald B and Irwin Joan
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $310,000 Barnes Walker Title
Interfamily Deed Transfer -- Attorney
Deed $180,000 Sunbelt Title Agency
Warranty Deed $125,000 Prestige Title Services Inc
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,260 No Value Available
Previous Owner $62,500 Purchase Money Mortgage
Previous Owner $16,301 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $295,000 -6.3% $230 / Sq Ft
02/15/2025 02/15/25 For Sale $315,000 +1.6% $245 / Sq Ft
03/20/2024 03/20/24 Sold $310,000 -3.1% $219 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $320,000 +77.8% $226 / Sq Ft
01/30/2019 01/30/19 Sold $180,000 -2.4% $140 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/20/2019 01/20/19 For Sale $184,500 -- $144 / 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 $3,197 $191,250 -- $191,250
2024 $3,197 $238,000 -- $238,000
2023 $3,056 $229,500 $0 $229,500
2022 $2,504 $161,700 $0 $161,700
2021 $2,137 $128,000 $0 $128,000
2020 $2,293 $132,000 $0 $132,000
2019 $755 $78,634 $0 $0
2018 $730 $77,168 $0 $0
2017 $663 $75,581 $0 $0
2016 $655 $74,026 $0 $0
2015 $654 $73,511 $0 $0
2014 $654 $72,928 $0 $0
2013 $645 $71,850 $1 $71,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4598162

Stellar MLS

APN: 51828-7031-0