NOT LISTED FOR SALE

Estimated Value: $264,898 - $308,000

1 Bed
1 Bath
680 Sq Ft
$398/mo HOA Fee

Last Sold July 27, 2020

Last sale price $200,000 $294 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,407/month

92 Days on Market

Highlights

  • 500 Feet of Waterfront
  • Intracoastal View
  • 2.56 Acre Lot
  • Access To Intracoastal Waterway
  • Fishing
  • Community Pool

About This Home

As of July 2020

Completely Remodeled convenient first floor unit which allows you to see what is going on in your neighborhood, eliminating the isolation feeling from higher floors. Living on the first floor eliminates having to deal with elevators and it is easy in and out for groceries etc. The remodel included new wood look tile floor, baseboards, doors, crown molding, led lighting and textured ceiling. The closet was enlarged to provide plenty of room for clothes and storage. The Kitchen and Bath were gutted and updated with new Shaker 36” soft close cabinets with granite countertops. The unit has new top of the line Samsung appliances, the microwave is also a convection oven and air fryer. Washer and Dryer and storage space located on each floor.
Enjoy a large 25 ft. balcony with glass sliding doors facing West with beautiful sunset every evening. Condo amenities are: Heater Pool, Spa, Sauna, Tiki Bar, BBQ, Shuffleboard, and Tennis Courts. Boat Slips and Paddleboard storage are on a first come rent basis. This is a rare find to get a totally remodeled condo located on the water with affordable HOA fees of only $398 which includes water/sewer, garbage, cable tv and internet. No Pets and rental on 12 month terms.

Last Agent to Sell the Property

Stephanie Stowers

CHARLES RUTENBERG REALTY ORLANDO License #3257149 Listed on: 04/18/2020

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

John Guyton

SAND KEY REALTY License #3315136

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1978

Lot Details

  • West Facing Home

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding

Interior Spaces

  • 680 Sq Ft Home
  • Crown Molding
  • Sliding Doors
  • Tile Flooring
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Intracoastal Waterway
  • Open Dock
  • Outdoor Storage
  • Outdoor Grill
  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure
  • Michael Capps Association, Phone Number (727) 447-6075
  • 51 Island Way Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 14-Story Property

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,870

Year Built

Built in 1978

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 680
  • Lot Size Acres: 2.56
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 111337
  • Directions to Property: Turn right onto Island Way. 51 Island Way is the second building on right. Parking is available in front of building.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8080966?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8080966?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 294.12
  • Close to Original List Price Ratio: 0.88928
  • View: No
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Elevator
  • Appliances Included: Disposal
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 14
  • Street Number Modifier: 51
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Outdoor Grill, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Open
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0102G
  • Waterfront Frontage: 500
  • Water Frontage Feet I C W: 500

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Monthly
  • Association Name: Michael Capps
  • Phone: 727-447-6075
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 398
  • Condo Fees Term: Monthly
  • Association Email: islandway@resourcepropertymmgmt.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 398
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4776
  • Total Monthly Fees: 398

Lot Info

  • Parcel Number: 08-29-15-27822-000-0107
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-2 Years
  • Approval Process: Online Application, Credit/Background Check, Interview Required, 10-14 days for approval
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Credit/Background Check

Tax Info

  • Tax Annual Amount: 2870
  • Tax Block: 00
  • Tax Book Number: 30-38
  • Tax Lot: 0107

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jul 24, 2020
Sold by
Gandy Anne B and Gandy Anne E
Bought by
Patakakis Gus
Seller's Agent
Stephanie Stowers
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
John Guyton
SAND KEY REALTY
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Total Days on Market
92
Current Estimated Value
$295,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,725
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Apr 17, 2017
Sold by
D M A Brothers Invest Llc
Bought by
Gandy Anne B

Purchase Details

Listed on
Apr 20, 2013
Closed on
Jun 28, 2013
Sold by
Scott Mooney Sandra and Carlivati David
Bought by
Dma Brothers Invest Llc
Seller's Agent
Phyllis Day
BLAKE REAL ESTATE INC
Buyer's Agent
Roberto Mazzoni
GREAT AMERICA REALTY
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%

Purchase Details

Closed on
Nov 9, 1998
Sold by
Schafer Irmgard R
Bought by
Carlivati David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,330
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

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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
Patakakis Gus $20,000 Title Agency Of Florida
Gandy Anne B $135,000 Attorney
Dma Brothers Invest Llc $90,000 Century Title Closing & Escr
Carlivati David $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patakaks Gus $175,000
Previous Owner Carlivati David $200,000
Previous Owner Carlivati David $84,500
Previous Owner Carlivati David $36,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $200,000 -9.1% $294 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $220,000 0.0% $324 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $220,000 -2.2% $324 / Sq Ft
04/18/2020 04/18/20 For Sale $224,900 0.0% $331 / Sq Ft
08/17/2018 08/17/18 Off Market $1,000 -- --
02/01/2015 02/01/15 Rented $1,000 0.0% --
01/20/2015 01/20/15 Under Contract -- -- --
01/15/2015 01/15/15 For Rent $1,000 0.0% --
06/16/2014 06/16/14 Off Market $90,000 -- --
06/28/2013 06/28/13 Sold $90,000 -9.0% $135 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
06/03/2013 06/03/13 Price Changed $98,900 -1.1% $149 / Sq Ft
04/20/2013 04/20/13 For Sale $100,000 -- $150 / 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 $4,177 $235,723 -- $235,723
2023 $4,177 $257,829 $0 $257,829
2022 $3,728 $219,083 $0 $219,083
2021 $3,331 $163,933 $0 $0
2020 $2,936 $142,602 $0 $0
2019 $2,870 $138,266 $0 $138,266
2018 $2,825 $135,067 $0 $0
2017 $2,369 $116,050 $0 $0
2016 $2,396 $118,203 $0 $0
2015 $2,301 $116,956 $0 $0
2014 $2,007 $94,417 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8080966

Stellar MLS

APN: 08-29-15-27822-000-0107