NOT LISTED FOR SALE

505 Rum Run Unit 33505 Davenport, FL 33897

Estimated Value: $205,000 - $264,000

3 Beds
2 Baths
1,227 Sq Ft
$536/mo HOA Fee

Last Sold December 21, 2020

Last sale price $105,000 $86 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $2,060/month

27 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Fishing
  • View of Trees or Woods
  • Clubhouse

About This Home

As of December 2020

Stunning 3 Bedroom, 2 Bath, first-floor condominium in the gated Bahama Bay Resort. Fully furnished, this condominium features an open floor plan, stainless steel appliances, and screened-in patio with wonderful pool views. The Master bedroom has patio access, a walk-in closet and an ensuite bathroom. The gated community of Bahama Bay has a surplus of amenities to enjoy, including a clubhouse, fitness center, multiple community swimming pools, sand beach, tennis and basketball courts, shuffleboard, paved nature trails and a full-sized fishing dock on Lake Davenport. This resort is close to all the Orlando theme parks, attractions, shopping and dining areas. Perfect for a short term rental or a relaxing vacation home.

Last Agent to Sell the Property

James Donovan

TEAM DONOVAN License #3110116 Listed on: 10/29/2020

Last Buyer's Agent

Jay Patterson

KELLER WILLIAMS ADVANTAGE REALTY License #3441390

KELLER WILLIAMS ADVANTAGE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 2006

Lot Details

  • Property fronts a private road
  • East Facing Home
  • Mature Landscaping

HOA Fees

  • $536 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Woods
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,227 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, recreational facilities
  • Bahama Bay/Kathleen Banner Association, Phone Number (863) 547-1601
  • Bahama Bay Subdivision

Recreation

  • Recreation Facilities
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,361

Year Built

Built in 2006

Lot Details

0

HOA Fees

$536 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 1227
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1269
  • Lot Size Sq Ft: 375
  • Directions to Property: Take 192 W to HWY 27. Head South on HWY 27 and turn left after approx. 3 miles into Florence Villa Grove Road where Bahama Bay can be found less than a mile on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5041903?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5041903?w=Customer
  • FCHR URL: No
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.95498
  • Price per Sq Ft: 85.57
  • Close to Original List Price Ratio: 0.95498
  • Ratio: Current Price\Building Area Total: 82.74
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 505
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0100G
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Gated Community, Playground, Pool, Sidewalk
  • Association Amenities: Clubhouse, Fitness Center, Gated, Playground, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub
  • Association Fee: 536.12
  • Association Fee Frequency: Monthly
  • Association Name: Bahama Bay/Kathleen Banner
  • Phone: 863-547-1601
  • Association: Yes
  • Senior Community: No
  • Association Email: kathleen.banner@vacasa.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6433.44
  • Monthly HOA Fee: 536.12
  • Total Monthly Fees: 536.12

Lot Info

  • Parcel Number: 26-25-12-999967-331050
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: No Minimum
  • Pet Restrictions: Only the unit Owner. Two standard domesticated animals (dog, cat, fish, bird)
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1360.74
  • Tax Block: 331
  • Tax Book Number: #17/#25
  • Tax Lot: 050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Pierce David G and Pierce Kathryn J
Bought by
Sage Vacations Llc
Current Estimated Value
$234,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 18, 2020
Sold by
Szumlinski Steven Henry
Bought by
Pierce David G
Seller's Agent
James Donovan
TEAM DONOVAN
Buyer's Agent
Jay Patterson
KELLER WILLIAMS ADVANTAGE REALTY
List Price
$109,950
Sold Price
$105,000
Premium/Discount to List
-$4,950
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.47%
Original Mortgage
$78,750
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 14, 2011
Sold by
Regions Bank
Bought by
Szumlinski Steven Henry

Purchase Details

Closed on
Jul 20, 2011
Sold by
Greenspan Jonathan and Greenspan Lorraine
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Maesbury Homes Inc
Bought by
Greenspan Jonathan and Greenspan Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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 Buyer Sale Price Title Company
Sage Vacations Llc -- Attorney
Pierce David G $105,000 Equitable Ttl Of Celebration
Szumlinski Steven Henry $75,800 Watson Title Services Inc
Regions Bank $162,700 Attorney
Greenspan Jonathan $202,000 Vanguard Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sage Vacations Llc $186,900
Closed Sage Vacations Llc $124,600
Previous Owner Pierce David G $78,750
Previous Owner Greenspan Jonathan $161,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $105,000 -4.5% $86 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $109,950 0.0% $90 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $109,950 -- $90 / 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
2023 $2,756 $191,400 $0 $0
2022 $2,487 $174,000 $100 $173,900
2021 $1,422 $90,500 $100 $90,400
2020 $1,466 $102,000 $100 $101,900
2018 $1,182 $72,000 $100 $71,900
2017 $1,374 $84,700 $0 $0
2016 $1,323 $77,000 $0 $0
2015 $1,061 $70,000 $0 $0
2014 $1,139 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5041903

Stellar MLS

APN: 26-25-12-999967-331050