$365,000
SOLD JUL 31, 2023

538 Tallwood St Unit 501 Marco Island, FL 34145

2 Beds
2 Baths
937 Sq Ft
436 Sq Ft Lot

Recently Sold

$390 Per Sq Ft

3% Below List Price

Highlights

  • Contemporary Architecture
  • Lanai
  • Community Pool
  • Tommie Barfield Elementary School Rated A
  • Pool View
  • Central Heating and Cooling System

About This Home

As of July 2023

This home is located at 538 Tallwood St Unit 501, Marco Island, FL 34145 and is currently priced at $365,000, approximately $389 per square foot. This property was built in 1989. 538 Tallwood St Unit 501 is a home located in Collier County with nearby schools including Tommie Barfield Elementary School, Manatee Middle School, and Lely High School.

Last Agent to Sell the Property

Comp Agent

Marco Island Area Association Of Realtor Listed on: 08/01/2023

Last Buyer's Agent

Michelle Thomas

Premier Sotheby's International Realty License #688527

Premier Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $231

Year Built

  • Built in 1989

Lot Details

  • 436 Sq Ft Lot
  • Inland Waterway
  • West Facing Home

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Wood Frame Construction

Interior Spaces

  • 937 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Pool Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lanai
  • In Flood Plain
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56680720903
  • Tax Block 34

Community Details

Overview

  • 14 Units
  • Island Village Community
  • Marco Beach Unit 1 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction: DOG OR CAT UNDER 30 LBS

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$231

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Res Comp Only
  • Lot Size Acres: 0.01
  • Subdivision Name: Marco Beach Unit 1
  • Year Built: 1989
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Inland
  • Location Tax and Legal:Parcel Number: 56680720903
  • Location Tax and Legal:Tax Annual Amount: 230.82
  • Location Tax and Legal:Tax Year: 2022
  • General Property Information:Condominium Name: ISLAND VILLAGE
  • General Property Information:Stories Total: 2
  • General Property Information:Unit Floor: 1
  • General Property Information:Furnished: Unfurnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 937.0
  • General Property Information:Rear Exposure: West
  • General Property Information:Boat Dock: No
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Information Details:Number Of Units Total: 14
  • Architectural Style:Contemporary: Yes
  • Cooling:Central Air: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: DOG OR CAT UNDER 30 LBS
  • Location Tax and Legal:Tax Block: 34
  • General Property Information:Spa YN: No
  • General Property Information:Acres: 0.01
  • View:Pool2: Yes
  • Unit Design:Townhouse: Yes
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 937.0
  • Window Features: Window Coverings

Exterior Features

  • Pool Private: No
  • View: Pool
  • Patio and Porch Features:Lanai: Screened
  • Construction Materials:Wood Frame: Yes
  • Window and Door Features:Window Coverings: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central Heating: Yes

Condo/Co-op/Association

  • Pets Allowed: With Approval

Lot Info

  • Lot Size Sq Ft: 435.6
  • Parcel #: 56680720903
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 230.82
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Jul 26, 2023
Sold by
Kemp Vincent L
Bought by
Lulov Ivaylo and Marte Katrina Nicole
Seller's Agent
Comp Agent
Marco Island Area Association Of Realtor
Buyer's Agent
Michelle Thomas
Premier Sotheby's International Realty
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$364,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225
Avg. Annual Appreciation
-0.03%
Original Mortgage
$354,050
Outstanding Balance
$345,770
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$19,005

Purchase Details

Listed on
Sep 24, 2014
Closed on
Jan 28, 2015
Sold by
Kaye Renee A and Nadolink Walter G
Bought by
Kemp Vincent L
Seller's Agent
Scott Needles
ERA Flagship Real Estate
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$164,900
Sold Price
$158,500
Premium/Discount to List
-$6,400
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$158,500
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Mar 19, 2010
Sold by
Petrasovicova Olga
Bought by
Kaye Renee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1999
Sold by
Pimental Michael L
Bought by
Petrasovicova Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 1998
Sold by
Cherry Paul
Bought by
Pimental Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 1998
Sold by
Baumler William C and Baumler Susan S
Bought by
Cherry Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 1994
Sold by
Sharp Mike
Bought by
Baumler William C and Baumler Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
8.39%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $365,000 None Listed On Document
Warranty Deed $158,500 Action Title Services
Warranty Deed $130,000 Sunstate Title Insurance Age
Warranty Deed $77,000 --
Warranty Deed $62,000 --
Warranty Deed $66,000 --
Deed $56,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $354,050 New Conventional
Previous Owner $172,200 New Conventional
Previous Owner $158,500 VA
Previous Owner $80,000 New Conventional
Previous Owner $98,426 Fannie Mae Freddie Mac
Previous Owner $15,000 Credit Line Revolving
Previous Owner $86,250 New Conventional
Previous Owner $69,300 Commercial
Previous Owner $60,100 Commercial
Previous Owner $30,000 Commercial
Previous Owner $44,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 For Sale $375,000 +2.7% $400 / Sq Ft
07/31/2023 07/31/23 Sold $365,000 +130.3% $390 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
01/28/2015 01/28/15 Sold $158,500 -3.9% $147 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $164,900 -- $153 / Sq Ft
Source: Marco Island Area Association of REALTORS®

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 $2,130 $243,620 -- $243,620
2024 $249 $243,620 -- $243,620
2023 $249 $132,211 $0 $0
2022 $231 $128,360 $0 $0
2021 $226 $124,621 $0 $124,621
2020 $1,533 $121,810 $0 $121,810
2019 $1,553 $121,810 $0 $121,810
2018 $1,501 $117,125 $0 $117,125
2017 $1,459 $112,440 $0 $112,440
2016 $1,406 $107,755 $0 $0
2015 $1,181 $82,456 $0 $0
2014 $1,062 $74,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2231497

APN: 56680720903