506 Driftwood Dr E Palm Harbor, FL 34683
Baywood Village Neighborhood
3
Beds
1.5
Baths
1,066
Sq Ft
7,762
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- Family Room Off Kitchen
- Sunset Hills Elementary School Rated A-
- No HOA
- Crown Molding
About This Home
As of February 2025Check out this three-bedroom, one-and-a-half bathroom home in Palm Harbor that is situated on a LARGE CORNER LOT with room to CREATE THE HOME OF YOUR DREAMS! The LOWEST PRICED HOME in a neighborhood with DIRECT GULF ACCESS, and NO HOA. The home features a nice layout with an open floor plan and an open kitchen. There is crown molding throughout and ceiling fans to keep the home cool on warm Florida days. The living and dining combo creates an ideal space for entertaining. Step outside to the patio, perfect for grilling and enjoying the Florida weather. The home’s corner lot provides plenty of space, with ample room for a pool to create your own backyard oasis. For convenience, there is covered carport parking with easy access to the home. The location is unbeatable, nestled between the historic Tarpon Springs Sponge Docks and vibrant Downtown Palm Harbor, both known for their fantastic food and boutique shopping. You’re also just minutes from Wall Springs Park, a local favorite for nature walks and scenic views, as well as Gulf beaches, shopping centers, and entertainment. This property offers an exceptional opportunity to live in one of the most sought-after areas of Palm Harbor in a home you can make your own. With a little vision, some TLC, and attention to some flooding concerns, this home could be transformed into your perfect Florida retreat.
Last Agent to Sell the Property
EXP REALTY LLC License #3115528 Listed on: 11/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $753
Year Built
- Built in 1959
Lot Details
- 7,762 Sq Ft Lot
- East Facing Home
- Property is zoned R-3
Home Design
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,066 Sq Ft Home
- Open Floorplan
- Crown Molding
- Ceiling Fan
- Family Room Off Kitchen
- Combination Dining and Living Room
- Microwave
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Parking
- 1 Carport Space
- Driveway
Outdoor Features
- Exterior Lighting
- Rain Gutters
- Private Mailbox
Schools
- Sunset Hills Elementary School
- Tarpon Springs Middle School
- Tarpon Springs High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Baywood Village Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 51
- Assessor Parcel Number 23-27-15-05814-000-0510
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Feb 24, 2025
Sold by
Drosos Phillip G and Drosos Philip G
Bought by
Fossum Mary and Fossum Jerry
Seller's Agent
Jolene Schotter
EXP REALTY LLC
Buyer's Agent
Jamie Jackson
ROBERT SLACK LLC
List Price
$325,000
Sold Price
$250,000
Premium/Discount to List
-$75,000
-23.08%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%
Purchase Details
Closed on
Jun 10, 2002
Sold by
Drosos Phillip G
Bought by
Drosos Philip G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 1998
Sold by
Prosser William L
Bought by
Drosos Phillip G and Drosos Bernard C
Purchase Details
Closed on
May 20, 1998
Sold by
Jones Kenneth F and Jones Tamara E
Bought by
Advo Inc
Purchase Details
Closed on
Oct 25, 1995
Sold by
Jan A Kirkwood Tr
Bought by
Jones Kenneth F and Jones Tamara E
Similar Homes in Palm Harbor, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Elevated Title | |
| Quit Claim Deed | $17,300 | -- | |
| Warranty Deed | $53,600 | -- | |
| Deed | $44,900 | -- | |
| Quit Claim Deed | $66,500 | -- | |
| Warranty Deed | $53,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $53,800 | Credit Line Revolving | |
| Previous Owner | $92,200 | New Conventional | |
| Previous Owner | $64,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $1,150,000 | -8.0% | -- |
| 03/26/2025 03/26/25 | For Sale | $1,250,000 | +400.0% | -- |
| 02/24/2025 02/24/25 | Sold | $250,000 | -16.6% | $235 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 12/03/2024 12/03/24 | Price Changed | $299,900 | -7.7% | $281 / Sq Ft |
| 11/14/2024 11/14/24 | For Sale | $325,000 | -- | $305 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $753 | $80,801 | -- | -- |
| 2023 | $753 | $78,448 | $0 | $0 |
| 2022 | $712 | $76,163 | $0 | $0 |
| 2021 | $712 | $73,945 | $0 | $0 |
| 2020 | $715 | $72,924 | $0 | $0 |
| 2019 | $713 | $71,284 | $0 | $0 |
| 2018 | $711 | $69,955 | $0 | $0 |
| 2017 | $714 | $68,516 | $0 | $0 |
| 2016 | $716 | $67,107 | $0 | $0 |
| 2015 | $733 | $66,641 | $0 | $0 |
| 2014 | $733 | $66,112 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Blaeser
J
Seller's Agent in 2025
John Blaeser
BHHS FLORIDA PROPERTIES GROUP
(727) 331-8250
15 Total Sales
-
Jolene Schotter
J
Seller's Agent in 2025
Jolene Schotter
EXP REALTY LLC
(866) 308-7109
4 in this area
901 Total Sales
-
Nicholas Fedyna
N
Seller Co-Listing Agent in 2025
Nicholas Fedyna
BHHS FLORIDA PROPERTIES GROUP
(847) 313-5299
2 Total Sales
-
Jamie Jackson
Buyer's Agent in 2025
Jamie Jackson
ROBERT SLACK LLC
(727) 599-3923
2 in this area
47 Total Sales
Map
Source: Stellar MLS
MLS Number: TB8316883
APN: 23-27-15-05814-000-0510
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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