NOT LISTED FOR SALE

Estimated Value: $919,443 - $1,210,000

4 Beds
3.5 Baths
3,606 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $470,000 $130 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,967/month

332 Days on Market

Highlights

  • Water Views
  • Fishing Pier
  • Gated Community
  • Beach
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of April 2018

If you dream of Inter-coastal views, the gentle breeze that comes with living close to the water, and the security of a privately gated island...this is the home for you!!Among palm trees, azaleas,a lovely bottle brush tree, a tulip tree and more....the curb appeal alone sets the tone for the opulence of this incredible two-story home.The grand entryway complete with a patio to sit outside and watch the days go by creates the feeling of “coming home.” Walking through the doorway...pillars, real hardwood floors, crown molding, and an open floor-plan grace the stage of this custom-built home. Every detail was thought of and no expense was spared!From the formal dining room the home flows into the family room complete with modern built-ins, a gas fireplace, and elegant light fixtures. The home then flows into the breakfast nook and beyond to a sitting area with yet another fireplace perfect for those cooler North Florida nights. Granite countertops, stainless steel appliances, breakfast bar, a 5-burner electric stovetop, and real wood cabinets grace the kitchen...this kitchen is begging for your next culinary masterpiece! The master suite is large and luxurious complete with a large, deep tub for soothing baths, dual vanity, separate shower, and 2 walk-in closets. Up the stairs brings 3 other bedrooms AND a bonus room, as well as a niche for a home-office with built in credenza...SO much space! SO much luxury! Each bedroom is elegantly appointed and views of the Inter-coastal waterway take your breath away!Gliding out the back door is an experience....the expansive screen enclosed Florida room keeps the mosquitos away for pool parties, while the sound system, outdoor gas hook up, in-ground pool, and numerous seating areas on the patio create a vacation setting for your very own home. Check out this opulent home and truly experience the heartbeat of Innerarity Island!Extras:Home has massive storage attic, lighted workbench in garage, & hurricane shutters.

Last Agent to Sell the Property

Brandy Porrata

KELLER WILLIAMS REALTY ALABAMA GULF COAST Listed on: 03/16/2017

Last Buyer's Agent

Scott Marks

Scenic Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,519

Year Built

  • Built in 2005

Lot Details

  • 0.32 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,606 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Shutters
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Inside Utility
  • Washer and Dryer Hookup
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Hellen Caro Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 153S321103008004

Community Details

Overview

  • Association fees include recreation facility
  • Innerarity Island Subdivision

Recreation

  • Fishing Pier
  • Beach

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,519

Year Built

Built in 2005

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Stories: 2
  • Parcel Number: 153S321103008004
  • Property Type: Residential
  • Year Built: 2005
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Road Surface Type: Paved
  • Subdivision Name: Innerarity Island
  • Directions: Sorrento to Innerarity Point Rd. Through gate onto Innerarity Island, left onto Red Cedar St.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Heat Pump
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Two or More
  • Fireplace: Yes
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Bookcases, Ceiling Fan(s), Walk-In Closet(s), Office/Study
  • Living Area: 3606
  • Window Features: Double Pane Windows, Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Master Bedroom Features: High Ceilings
  • Room Kitchen Features: Not Updated, Granite Counters, Pantry
  • Room Living Room Area: 285
  • Room Master Bedroom Area: 266
  • Master Bathroom Features: 2 or More Closets, Cultured Marble, Double Vanity, Soaking Tub, Separate Shower, Tile, Water Closet

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Corner Lot, Cul-De-Sac
  • Pool Features: In Ground
  • View: Water
  • View: Yes
  • Construction Type: Frame
  • Exterior Features: Sprinkler
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Fishing, Gated
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Recreation Facility

Schools

  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 16, 2018
Sold by
Schulteis Anthony J and Schulteis Charlene C
Bought by
Rainey David C and Rainey Janice D
Seller's Agent
Brandy Porrata
KELLER WILLIAMS REALTY ALABAMA GULF COAST
Buyer's Agent
Scott Marks
Scenic Realty Group, LLC
List Price
$488,900
Sold Price
$470,000
Premium/Discount to List
-$18,900
-3.87%
Current Estimated Value
$1,029,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,481
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
May 18, 2004
Sold by
Jones Hugh E
Bought by
Schultheis Anthony J and Schultheis Charlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Jones Kathleen
Bought by
Jones Hugh E

Purchase Details

Closed on
Jan 9, 1998
Sold by
Chabal Matthew
Bought by
Jones Hugh E and Jones Kathleen A
Source: Public Records

Range of Values:

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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
Rainey David C $470,000 Emerald Cost Title Inc
Schultheis Anthony J $45,000 Gulf Coast Title Partners Ll
Jones Hugh E -- --
Jones Hugh E $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultheis Anthony J $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $470,000 -1.0% $130 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
08/03/2017 08/03/17 Price Changed $474,900 -2.1% $132 / Sq Ft
06/07/2017 06/07/17 Price Changed $484,900 -0.8% $134 / Sq Ft
03/16/2017 03/16/17 For Sale $488,900 -- $136 / Sq Ft
Source: Pensacola 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
2024 $6,519 $467,653 -- --
2023 $6,519 $454,033 $0 $0
2022 $6,399 $440,809 $0 $0
2021 $6,523 $427,970 $0 $0
2020 $5,341 $422,062 $0 $0
2019 $5,349 $412,573 $0 $0
2018 $4,348 $333,357 $0 $0
2017 $4,344 $326,501 $0 $0
2016 $4,321 $319,786 $0 $0
2015 $4,331 $317,564 $0 $0
2014 $4,340 $315,044 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 514532

Pensacola Association of REALTORS®

APN: 15-3S-32-1103-008-004