NOT LISTED FOR SALE

520 Key Royale Dr Holmes Beach, FL 34217

Estimated Value: $2,314,000 - $3,463,321

5 Beds
2.5 Baths
3,720 Sq Ft
$764/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $790,000 $212 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $17,489/month

Highlights

  • Private Pool
  • Canal View
  • Outdoor Kitchen
  • Anna Maria Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of November 2012

Grand staircase and chandelier are just some of the custom finishes of this spectacular water-front home. Custom kitchen with large pantry and oversized dining room are perfect for entertaining. First floor also features 2 bedrooms and bath, as well as powder room. Second floor has a huge master suite with oversized walk in closet and separate office area with custom cabinetry.Master suite overlooks canal and back yard area. Backyard is complete with custom pool and spa and outdoor kitchen and storage room.

Last Agent to Sell the Property

Greg Bayer

ANNA MARIA ISLAND BEACHES RE License #3217281 Listed on: 09/20/2012

Last Buyer's Agent

Greg Bayer

ANNA MARIA ISLAND BEACHES RE License #3217281 Listed on: 09/20/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,751

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100.0x108.0
  • Property fronts a saltwater canal
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,720 Sq Ft Home
  • Canal Views

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Access to Saltwater Canal
  • Deck
  • Patio
  • Outdoor Kitchen
  • Porch

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Key Royale Community
  • Key Royale Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 7264100004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,751

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3720
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 5114
  • Lot Size Sq Ft: 10800
  • Directions to Property: MANATEE AVE BRIDGE TO NORTH ON GULF DR, RIGHT ON MARINA, RIGHT ON KEY ROYALE, HOUSE ON NORTH SIDE BEFORE BRIDGE
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 7260800
  • Ratio: Close Price\List Price: 0.91967
  • Price per Sq Ft: 212.37
  • Close to Original List Price Ratio: 0.91967
  • Ratio: Current Price\Building Area Total: 154.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Spa Yn: Yes
  • Street Number Modifier: 520
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Exterior Features: Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R1
  • Parcel Number: 7264100004
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100.0X108.0
  • Millage Rate: 16.7
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2012-11-20T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 8751
  • Tax Book Number: 0010/0021
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Nov 16, 2012
Sold by
Mek Properties Llc
Bought by
Lee Brian and Lee Nancy
Seller's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
Buyer's Agent
Greg Bayer
ANNA MARIA ISLAND BEACHES RE
List Price
$859,000
Sold Price
$790,000
Premium/Discount to List
-$69,000
-8.03%
Current Estimated Value
$2,739,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,949,546
Avg. Annual Appreciation
10.13%
Original Mortgage
$700,000
Outstanding Balance
$191,631
Interest Rate
3.43%
Mortgage Type
Construction
Estimated Equity
$2,506,020

Purchase Details

Listed on
Jun 1, 2012
Closed on
Aug 7, 2012
Sold by
Bank Of America Na
Bought by
Mek Properties Llc
Seller's Agent
May Aston
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
195.55%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Elliott Doyle Scott and Elliott Sherry
Bought by
Bank Of America Na and Countrywidehome Loans Servicing Lp

Purchase Details

Closed on
Aug 14, 2006
Sold by
Elliott Doyle Scott and Elliott Isabella
Bought by
Elliott Doyle Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Menendez Mary E
Bought by
Elliott Doyle Scott and Elliott Isabella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,700
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2002
Sold by
Menendez Mary
Bought by
Menendez Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 14, 1999
Sold by
Freeman Geraldine S and Freeman George
Bought by
Menendez Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.06%
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
Lee Brian $790,000 Attorney
Mek Properties Llc $650,000 Landsafe Title
Bank Of America Na $210,100 Attorney
Elliott Doyle Scott -- None Available
Elliott Doyle Scott $1,335,000 --
Menendez Mary E -- --
Menendez Mary E $198,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Brian $700,000
Previous Owner Elliott Scott $1,440,000
Previous Owner Elliott Scott $180,000
Previous Owner Elliott Doyle Scott $867,700
Previous Owner Menendez Mary E $100,000
Previous Owner Menendez Mary E $630,000
Previous Owner Menendez Mary E $630,000
Previous Owner Menendez Mary E $158,400
Closed Elliott Doyle Scott $240,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $790,000 -8.0% $212 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $859,000 +32.2% $231 / Sq Ft
09/14/2012 09/14/12 Sold $650,000 0.0% $175 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $650,000 -- $175 / 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 $29,867 $2,391,724 $765,000 $1,626,724
2023 $28,857 $2,328,292 $680,000 $1,648,292
2022 $20,466 $1,941,300 $500,000 $1,441,300
2021 $19,648 $1,215,597 $450,000 $765,597
2020 $18,875 $1,109,537 $400,000 $709,537
2019 $18,416 $1,109,537 $400,000 $709,537
2018 $16,876 $1,000,354 $400,000 $600,354
2017 $14,787 $918,809 $0 $0
2016 $13,492 $794,190 $0 $0
2015 $11,649 $796,251 $0 $0
2014 $11,649 $680,705 $0 $0
2013 $11,373 $655,389 $295,700 $359,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5831927

Stellar MLS

APN: 72641-0000-4