NOT LISTED FOR SALE

Estimated Value: $250,000 - $278,000

2 Beds
2 Baths
1,280 Sq Ft
$450/mo HOA Fee

Last Sold February 22, 2022

Last sale price $250,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,152/month

4 Days on Market

Highlights

  • 612 Feet of Bayou Waterfront
  • View of Trees or Woods
  • Property is near public transit
  • Fitness Center
  • Clubhouse
  • Furnished

About This Home

As of February 2022

Luxury living between the beaches and downtown St Petersburg! Elegant, turn-key condo in Otter Key is waiting for you to start enjoying tropical adventures before winter is over. Escape the cold & come to sunny St Petersburg. This two-bedroom, two-bath condo is smartly furnished and equipped so all you need to bring are your clothes and your favorite food! Well-quipped kitchen with gas range, microwave, refrigerator and dishwasher. Stackable washer & dryer included. Easy-care tile floors in the living room, bathrooms and kitchen areas. Carpet in the bedrooms. Walk to picturesque Cross Bayou behind the building, or schedule a friendly tennis match. The well-appointed clubhouse has a large living and entertainment area with kitchen, billiards and table tennis, separate library and fitness center. Large pool is screened in and features a spacious sun deck with lounges. One assigned parking space under the building for added protection from the rain. Garage storage unit and additional locker space upstairs. New AC air handler in 2020. Motorized storm shutters at the rear of the unit. Otter Key is located on Cross Bayou with easy access to Bay Pines VA medical center, Madeira Beach, Tyrone Blvd retail corridor and the Pinellas Trail for walking jogging or bicycling. Take a quick drive to downtown St Petersburg to enjoy the many art galleries, museums, brew-pubs, restaurants, antique shops and craft stores. Join a community organization or sports/fitness club. There is so much to do year-round. Monthly HOA fee includes water-sewer-trash, gas cooking and gas-heated hot water. One dog 30 lbs or less (no pit bull breeds) or one cat, bird or fish permitted. Must own unit for at least one year before you can rent it out. Buyer responsible for reviewing condo declaration and all rules and regulations attached. Sold As IS.

Last Agent to Sell the Property

Beth Snyder

RMS ELITE PROPERTIES Brokerage Phone: 727-821-1999 License #3237925 Listed on: 01/15/2022

Last Buyer's Agent

DJ Arrazcaeta Jr, LLC

RE/MAX ALLIANCE GROUP License #3370780

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Ground Level Parking
  • Off-Street Parking

Property Views

  • Woods

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Dinette
  • Walk-In Pantry
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Single Vanity
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Bayou
  • Limited Water Access
  • Powered Boats Permitted
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Thermostat
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Energy-Efficient HVAC

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, gas, maintenance structure, ground maintenance, sewer, trash, water
  • Resource Property Management/Kevin Guthrie Association, Phone Number (727) 581-2662
  • Otter Key Condos
  • Island View South Condo Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • 9-Story Property

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Pets up to 30 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Card or Code Access
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,548

Year Built

Built in 1985

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Gas, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1280
  • New Construction: No
  • Year Built: 1985
  • Accessibility Features: Accessible Full Bath
  • Building Area Total: 1280
  • Directions to Property: From exit 26 of I-275, go west on 54th Ave N 5.5 miles to the end at Park St N. At light, go straight through to the Otter Key building. Guest parking on sides of covered lot area. Or from downtown St Petersburg, west on 9th Ave N 4.6 miles to Tyrone Blvd and turn right. Go 3.2 miles to Park St N and turn right. Continue 0.9 miles to 54th Ave N and turn left into the Otter Key property.
  • Status: Sold
  • Street Post Direction: N
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: St Petersburg
  • Escrow Postal Code: 33705
  • Escrow State: FL
  • Escrow Street Name: Central Ave
  • Floor Number: 4
  • List Office Head Office Key Nume: 537951149
  • Minimum Lease: 6 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 195.31
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Elevated,Mid Rise
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_CommunityAssociationWaterFeatures: Water Access,Waterfront
  • Attribution Contact: 727-821-1999
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Solid Wood Cabinets, Window Treatments, Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 9
  • Street Number Modifier: 5400
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 118.92
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Other Structures: Tennis Court(s)
  • Exterior Features: Balcony, Hurricane Shutters, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: No
  • View: Pool, Tennis Court, Trees/Woods
  • Water Body Name: CROSS BAYOU
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Bayou,Limited Access
  • Water Extras: Powerboats – None Allowed
  • Water Extras YN: 1
  • Water View: Bayou
  • Water View YN: 1
  • Waterfront Feet Total: 612
  • Flood Zone Date: 2021-08-04
  • Flood Zone Panel: AE
  • Additional Water Information: No dock.
  • Water Frontage Feet Bayou: 612

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Ground Level, Guest, Off Street, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Electric, Exhaust Fan
  • Laundry Features: Inside, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Lobby Key Required, Pool, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee Frequency: Monthly
  • Association Name: Resource Property Management/Kevin Guthrie
  • Phone: 727-581-2662
  • Association: Yes
  • Security: Fire Alarm, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: OTTER KEY
  • Pet Restrictions: One dog under 30 lbs, or one, bird, cat or fish. no aggressive breeds
  • Association Fee Requirement: Required
  • Building Name Number: OTTER KEY
  • Condo Fees: 450
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 450
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 5400.00
  • Total Monthly Fees: 450.00

Lot Info

  • Zoning: 04 CONDOMINIUM
  • Parcel Number: 36-30-15-43471-000-4080
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Green Features

  • Efficiency: HVAC

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: "No unit shall be occupied for residential purposes by more than two (2) persons who are not related by blood or marriage or wo do not constitute a single housekeeping unit", per the Declaration of Condominium.

Tax Info

  • Tax Annual Amount: 3548
  • Tax Block: 000
  • Tax Book Number: 43471
  • Tax Lot: 4080

Multi Family

  • Waterfront Features: Bayou
  • Approval Process: Via Resource Property Management and condo board

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Feb 22, 2022
Sold by
Bradley Richard D
Bought by
Ball Jessica L and Ball Justin
Seller's Agent
Beth Snyder
RMS ELITE PROPERTIES
Buyer's Agent
DJ Arrazcaeta Jr, LLC
RE/MAX ALLIANCE GROUP
List Price
$244,900
Sold Price
$250,000
Premium/Discount to List
$5,100
2.08%
Current Estimated Value
$260,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,162
Avg. Annual Appreciation
1.09%
Original Mortgage
$225,000
Outstanding Balance
$209,723
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$49,970

Purchase Details

Closed on
Apr 8, 2014
Sold by
Kreimeyer Roderick J and Wollenburg Nancy J
Bought by
Bradley Richard D and Stewig John W

Purchase Details

Closed on
Apr 3, 2006
Sold by
Sixt Donald J
Bought by
Kreimeyer Roderick J and Wollenburg Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 25, 2005
Sold by
Pierce Wilma V
Bought by
Sixt Donald J

Purchase Details

Closed on
Jun 1, 1994
Sold by
Garside Marion M
Bought by
Pierce Wilma
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 Buyer Sale Price Title Company
Ball Jessica L $250,000 Cappa Title
Bradley Richard D $149,000 Sunbelt Title Agency
Kreimeyer Roderick J $235,000 Fidelity Natl Title Ins Co
Sixt Donald J $189,900 Fidelity Natl Title Ins Co
Pierce Wilma $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ball Jessica L $225,000
Previous Owner Kreimeyer Roderick J $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $250,000 +2.1% $195 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $244,900 -- $191 / 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 $3,416 $239,371 -- $239,371
2023 $3,416 $215,268 $0 $215,268
2022 $2,790 $182,657 $0 $182,657
2021 $2,648 $162,034 $0 $0
2020 $2,400 $140,235 $0 $0
2019 $2,348 $135,878 $0 $135,878
2018 $2,410 $142,967 $0 $0
2017 $2,180 $122,879 $0 $0
2016 $2,110 $116,923 $0 $0
2015 $2,133 $115,311 $0 $0
2014 $1,579 $87,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8148985

Stellar MLS

APN: 36-30-15-43471-000-4080