NOT LISTED FOR SALE

507 74th St Holmes Beach, FL 34217

Estimated Value: $1,458,000 - $2,228,000

3 Beds
3 Baths
2,008 Sq Ft
$854/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $2,000,000 $996 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $11,849/month

31 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Lift
  • Open Floorplan
  • Anna Maria Elementary School Rated A-
  • Cabana
  • Canal View

About This Home

As of November 2021

Mid Century meets Beach Cottage...one of the few restored 1950s era homes left on AMI. Single-story, canal-front home in Bay Palms completely updated to accommodate an easy lifestyle, yet preserves the old Florida charm. 3BR/3BA split floor plan, with open living concept is accented with vaulted ceilings and wood burning fireplace. Kitchen includes upgraded stainless steel appliances, gas range, dry bar with wine fridge. In addition to 3 bedrooms with 3 full baths, the home includes an interior laundry room and attached deep 2 car garage. Outdoor 21'x14' Cabana includes outdoor kitchen, bar, and covered lounging area. Spacious back yard is fenced with salt water pool, fire pit, and plenty of recreational areas for friends and animals. 100' Seawall and dock were replaced in 2016. 10,000lb Boat lift added in 2017. Plumbing, Roof, Foam Roof Insulation, Garage Doors, 2 A/Cs, most windows replaced with Impact Glass, etc... in 2016 & 2017. Home is well maintained and owner occupied. No rental history and Move in ready!

Last Agent to Sell the Property

Dana Preston

DC PRESTON REAL ESTATE LLC License #3076560 Listed on: 09/04/2021

Last Buyer's Agent

James Roadman, Jr

REEL COASTAL PROPERTIES, LLC License #3403313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,163

Year Built

  • Built in 1959

Lot Details

  • 10,402 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • West Facing Home
  • Fenced
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Circular Driveway

Home Design

  • Midcentury Modern Architecture
  • Florida Architecture
  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2,008 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Outdoor Kitchen

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms Add Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,163

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Mid-Century Modern
  • Construction Materials: Block, Cement Siding, Concrete
  • Fireplace: Yes
  • Living Area: 2008
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2626
  • Lot Size Sq Ft: 10402
  • Number Of Lots: 1
  • Directions to Property: Gulf Drive to Marina Drive. Marina Drive to 74th St. House on the East side of 74th.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511183?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511183?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 996.02
  • Close to Original List Price Ratio: 0.90909
  • Ratio: Current Price\Building Area Total: 761.61
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Shades, Window Treatments
  • Street Number Modifier: 507
  • Room Count: 8
  • Additional Rooms: Great Room, Inside Utility

Exterior Features

  • Direction Faces: West
  • Other Structures: Cabana, Outdoor Kitchen
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Fenced, French Doors, Irrigation System, Outdoor Kitchen
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Bimini Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite, Dock w/Electric, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0138E
  • Waterfront Frontage: 100
  • Additional Water Information: Wide Canal leads to Bimini Bay/Galati Marina to Tampa Bay and Gulf of Mexico
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Sewer Connected, Sprinkler Meter, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump, Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R1
  • Parcel Number: 6963400004
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please check with City of Holmes Beach and Manatee County for Restrictions and Guidelines on Rentals.

Tax Info

  • Tax Annual Amount: 10163
  • Tax Book Number: 9-70
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Nov 9, 2021
Sold by
Woodward Chris and Woodward Tamara M
Bought by
Worth William S and Worth Natalie
Seller's Agent
Dana Preston
DC PRESTON REAL ESTATE LLC
Buyer's Agent
James Roadman, Jr
REEL COASTAL PROPERTIES, LLC
List Price
$2,200,000
Sold Price
$2,000,000
Premium/Discount to List
-$200,000
-9.09%
Current Estimated Value
$1,815,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,500
Avg. Annual Appreciation
-1.47%
Original Mortgage
$1,700,000
Outstanding Balance
$1,577,626
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$314,338

Purchase Details

Closed on
Jun 16, 2016
Sold by
Peters Perry Jerry P and Peters Perry
Bought by
Woodward Chris and Woodward Tamara M
Source: Public Records

Range of Values:

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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
Worth William S $2,000,000 Attorney
Woodward Chris $570,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worth William S $1,700,000
Previous Owner Kretchman Len Charles $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $2,000,000 -9.1% $996 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $2,200,000 -- $1,096 / 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
2024 $23,478 $1,578,839 -- --
2023 $23,359 $1,532,853 $680,000 $852,853
2022 $10,247 $1,488,256 $500,000 $988,256
2021 $9,837 $635,584 $0 $0
2020 $10,163 $626,809 $0 $0
2019 $9,878 $612,717 $0 $0
2018 $9,730 $601,292 $0 $0
2017 $8,495 $550,364 $0 $0
2016 $8,843 $522,202 $0 $0
2015 $3,689 $245,482 $0 $0
2014 $3,689 $243,534 $0 $0
2013 $3,670 $239,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511183

Stellar MLS

APN: 69634-0000-4