NOT LISTED FOR SALE

550 Lillian Dr Madeira Beach, FL 33708

Estimated Value: $1,570,000 - $2,505,000

5 Beds
4.5 Baths
3,184 Sq Ft
$619/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $1,950,000 $612 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,160/month

4 Days on Market

Highlights

  • Water Views
  • Saltwater Pool
  • Deck
  • Orange Grove Elementary School Rated A
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of April 2021

GORGEOUS CUSTOM KEY WEST SYLE HOME ON CRYSTAL ISLAND. Come live where you play. Custom built in 2019, this 5 bedroom 5 bath home has been meticulously designed with water views in almost every room, Light, bright, and airy living areas with beautiful custom details throughout. The living room boast 12ft ceilings and hurricane impact pocket sliders that open onto an expansive covered balcony. The chef s kitchen features designer solid wood cabinets, quartz counter tops, a HUGE center island and stainless appliances. Main living area boast 3 bedrooms, custom barn closet doors and closet organizers, and a spacious laundry room with plenty of storage. ALL windows have custom shades that operate by remote. The top floor has two large master bedrooms with on suites and spacious walk-in closets. ALL windows have custom shades that operate by remote. Plenty of room for guests and entertaining. the downstairs patio area boast an extended living space complete with an outdoor kitchen, living room area, and a beautiful beach entry style pool. No need to go upstairs, there is a pool bath that is complete with an ice maker, fridge, and storage area for all water toys. No expense has been spared. This neighborhood has new drainage, new roads and new gutters. ALL work as been done, including a new sea wall, brand new split dock with trex decking, and a 16k lb boat lift. COME LIVE THE DREAM....THIS WON'T LAST LONG!

Last Agent to Sell the Property

Cameran Colandrea

REALTY EXPERTS License #3406770 Listed on: 03/05/2021

REALTY EXPERTS

Last Buyer's Agent

Traci Emery-Jones

IVY LEAGUE REALTY License #3322541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 1980

Lot Details

  • 6,900 Sq Ft Lot
  • Lot Dimensions are 60x115
  • Property fronts a saltwater canal
  • East Facing Home
  • Vinyl Fence
  • Irrigation
  • Landscaped with Trees

Home Design

  • Key West Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Pile Dwellings

Interior Spaces

  • 3,184 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Shades
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Utility Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Driveway
  • Golf Cart Parking

Pool

  • Saltwater Pool
  • Pool has a Solar Cover

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • Bauder Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Crystal Island 1St Add Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 10-31-15-19980-000-0690

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,997

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Property Description: Elevated, Stilt Home
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 3184.00
  • Lot Size Acres: 0.16
  • Year Built: 1980
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8115168?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8115168?w=Customer
  • Lot Size Sq Ft: 6900
  • Directions to Property: Take Gulf Blvd to 140th ave light. make a Left. Go to Island Dr. and proceed over the bridge to Crystal Island. Make a Left. Go to Flamingo Dr. and make a right. You're next right is Lillian Dr. Make a right. Property is on the right.
  • Escrow City: Seminole
  • Escrow Postal Code: 33772
  • Escrow State: FL
  • Escrow Street Name: Seminole Blvd
  • Escrow Street Number: 8640
  • List Office Head Office Key Nume: 167630234
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Additional Rooms: Great Room, Inside Utility
  • Flooring: Engineered Hardwood, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Stories: 3
  • Window Features: ENERGY STAR Qualified Windows, Shades
  • Living Area Meters: 295.80
  • Street Number Modifier: 550

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen, Storage
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 60
  • Water Access: Canal - Saltwater
  • Pool Features: Salt Water, Solar Cover
  • Exterior Features: Balcony, Fenced, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Metal
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Covered, Driveway, Golf Cart Parking, Ground Level

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Security: Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 60

Schools

  • Elementary School: Bauder Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Elementary School: Bauder Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Parcel Number: 10-31-15-19980-000-0690
  • Fencing: Vinyl
  • Lot Features: FloodZone
  • Lot Dimensions: 60x115
  • Lot Size Square Meters: 641

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: See Madeira Beach municipality's restrictions
  • Furnished: Unfurnished
  • Lease Restrictions: Yes

Tax Info

  • Tax Annual Amount: 10997.27
  • Tax Block: 00
  • Tax Book Number: 53-35
  • Tax Lot: 69

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 12, 2021
Sold by
Schmid Carol P and Schmid George M
Bought by
Schnase David P and Schnase Debra L
Seller's Agent
Cameran Colandrea
REALTY EXPERTS
Buyer's Agent
Traci Emery-Jones
IVY LEAGUE REALTY
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$1,972,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,006
Avg. Annual Appreciation
0.25%

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 4, 2018
Sold by
Hoonhorst Jennifer Smith and Smith Thane M
Bought by
Schmid George M and Schmid Carol P
Seller's Agent
Tracey Stevens Gardiner
REALTY ONE GROUP DESTINATION
Buyer's Agent
Carol Schmid
SCHMID PROPERTIES, LLC
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.42%
Original Mortgage
$384,930
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2017
Sold by
Smith Ronald C and Smith Margaret J
Bought by
Smith Ronald C and Smith Margaret J
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
Schnase David P $1,950,000 Seminole Title Company
Schmid George M -- Fidelity National Title Of F
Schmid George M $549,900 Fidelity National Title Of F
Smith Ronald C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmid George M $384,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $1,950,000 0.0% $612 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $1,950,000 +254.6% $612 / Sq Ft
09/04/2018 09/04/18 Sold $549,900 0.0% $375 / Sq Ft View Prior Sale
07/30/2018 07/30/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $549,900 -- $375 / 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 $21,817 $1,567,718 $769,687 $798,031
2023 $21,817 $1,351,654 $750,711 $600,943
2022 $21,465 $1,320,332 $765,839 $554,493
2021 $13,695 $902,913 $0 $0
2020 $10,997 $632,688 $0 $0
2019 $7,809 $444,924 $300,956 $143,968
2018 $3,244 $229,268 $0 $0
2017 $3,223 $224,552 $0 $0
2016 $3,202 $219,933 $0 $0
2015 $3,152 $218,404 $0 $0
2014 $3,112 $216,671 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8115168

Stellar MLS

APN: 10-31-15-19980-000-0690