NOT LISTED FOR SALE

509 68th St Holmes Beach, FL 34217

Estimated Value: $1,906,000 - $2,545,000

3 Beds
2.5 Baths
2,546 Sq Ft
$844/Sq Ft Est. Value

Last Sold January 10, 2014

Last sale price $950,000 $373 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $12,384/month

531 Days on Market

Highlights

  • Sailboat Water Access
  • Deeded Boat Dock
  • Vinyl Pool
  • Anna Maria Elementary School Rated A-
  • Boat Lift
  • Open Floorplan

About This Home

As of January 2014

Beautuful island home located on the Grand canal which is 170' wide. Located on the north side of the canal this home has a direct southern exposure for the outdoor living and pool area. This home features many luxurious features including: custom cabinetry, level 3 granite, quality tile, tray ceilings and much more. For the boater, there is quick easy access to the I.C. and the gulf. This home is truly a one of a kind and priced to sell. Call now for your private showing.

Last Agent to Sell the Property

Greg Bayer

ANNA MARIA ISLAND BEACHES RE Brokerage Phone: 941-567-5234 License #3217281 Listed on: 06/18/2012

Last Buyer's Agent

Greg Bayer

ANNA MARIA ISLAND BEACHES RE Brokerage Phone: 941-567-5234 License #3217281 Listed on: 06/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,162

Year Built

  • Built in 2005

Lot Details

  • 8,160 Sq Ft Lot
  • Lot Dimensions are 80.0x102.0
  • Northwest Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,546 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Inside Utility
  • Laundry in unit
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Vinyl Pool
  • Spa
  • Child Gate Fence

Outdoor Features

  • Sailboat Water Access
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deeded Boat Dock

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms 13Th Unit Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,162

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2546
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 8160
  • Directions to Property: Manatee Ave or Cortez Rd West to Gulf Dr on Anna Maria Is. North to Holmes Beach; Rt on Marina Dr at light at Wachovia Bank; Rt again on Marina Dr at Lutheran Church. Rt on 68th St to 509 on Right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • List Office Head Office Key Nume: 1044447
  • RATIO Current Price By Calculate: 373.13
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-567-5234
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Street Number Modifier: 509
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Formal Dining Room Separate,Foyer,Great Room,Inside Utility
  • Living Area Meters: 236.53
  • Room Count: 7

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Child Safety Fence, Heated, Vinyl
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water Access: Canal - Saltwater
  • Water Extras: Lift,Sailboat Water,Seawall - Other
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: None
  • SW Subdiv Condo Num: 61

Lot Info

  • Zoning: R1
  • Parcel Number: 7129811753
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 80.0X102.0
  • Homestead YN: 0
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2014-01-10T00:00:00.000

Tax Info

  • Tax Annual Amount: 9162
  • Tax Book Number: 0015/0064
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Hineline Jack B and Hineline Pamela
Bought by
Hineline Jack and Hineline Pamela
Current Estimated Value
$2,149,347

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jan 9, 2014
Sold by
Varner Joseph A and Varner Kelley M
Bought by
Hineline Jack B and Hineline Pamela
Seller's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
Buyer's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
List Price
$1,095,000
Sold Price
$950,000
Premium/Discount to List
-$145,000
-13.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$410,000
Outstanding Balance
$308,336
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$1,841,011

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bean Point Properties Llc
Bought by
Kaleta Shawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
4.29%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 28, 2012
Sold by
Kaleta Shawn T and Kaleta Jennifer
Bought by
Varner Joseph A and Varner Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 2009
Sold by
Gail Calhoun Mcgrath Trust
Bought by
Kaleta Shawn and Kaleta Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 13, 2009
Sold by
Kivett Gerald Joseph and Kivett Gerald Joseph
Bought by
Kaleta Shawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 23, 2008
Sold by
Chiki Tiki Llc
Bought by
Kaleta Shawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Rhoads Morgan Llc
Bought by
Kaleta Shawn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2003
Sold by
Cooper Grace R
Bought by
Rhoads Morgan L L C
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
Hineline Jack -- Attorney
Hineline Jack B $950,000 Attorney
Kaleta Shawn T $1,467,300 Attorney
Varner Joseph A $975,000 Attorney
Kaleta Shawn $750,000 Hillsborough Title Inc
Kaleta Shawn T $565,000 Barnes Walker Title Inc
Kaleta Shawn T $490,000 Sanders Title Company
Kaleta Shawn T $1,495,000 Gold Key Title L C
Rhoads Morgan L L C $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hineline Jack B $410,000
Previous Owner Kaleta Shawn T $1,650,000
Previous Owner Varner Joseph A $700,000
Previous Owner Kaleta Shawn $650,000
Previous Owner Kaleta Shawn T $368,000
Previous Owner Kaleta Shawn T $343,000
Previous Owner Kaleta Shawn T $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $950,000 -9.4% $373 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
08/06/2013 08/06/13 Price Changed $1,049,000 -1.9% $412 / Sq Ft
06/10/2013 06/10/13 Price Changed $1,069,000 -2.7% $420 / Sq Ft
04/05/2013 04/05/13 Price Changed $1,099,000 -4.4% $432 / Sq Ft
01/08/2013 01/08/13 Price Changed $1,149,000 -3.8% $451 / Sq Ft
12/11/2012 12/11/12 Price Changed $1,195,000 +9.1% $469 / Sq Ft
06/18/2012 06/18/12 For Sale $1,095,000 -- $430 / 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 $13,338 $872,118 -- --
2024 $13,338 $847,539 -- --
2023 $12,628 $822,853 $0 $0
2022 $12,355 $798,886 $0 $0
2021 $12,005 $775,617 $0 $0
2020 $12,403 $764,908 $0 $0
2019 $11,945 $736,802 $0 $0
2018 $11,800 $723,064 $0 $0
2017 $11,042 $708,192 $0 $0
2016 $11,029 $693,626 $0 $0
2015 $10,661 $688,804 $0 $0
2014 $10,661 $633,437 $0 $0
2013 $10,058 $588,503 $286,600 $301,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5829942

Stellar MLS

APN: 71298-1175-3