NOT LISTED FOR SALE

Estimated Value: $1,868,000 - $3,245,000

5 Beds
5.5 Baths
6,381 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $2,087,500 $327 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $15,764/month

224 Days on Market

Highlights

  • 108 Feet of Waterfront
  • White Water Ocean Views
  • Oak Trees
  • Englewood Elementary School Rated A-
  • Property fronts gulf or ocean with access to the bay
  • Heated Indoor Pool

About This Home

As of June 2014

The Gates to Lemon Bay Estates so grand, so private open to lush, rich, landscaping, and Then your property gates open, giving you a great sense of privacy and security. The front door welcomes you to a two-story view that flows through the living room, encompasses the infinity-edge pool, landscaped gardens, mangroves, Intracoastal Waterway, Manasota Key and the great Gulf of Mexico sunsets. Lemon Bay is located between two large nature preserves, securing a natural tranquility. Inside and out, exquisite workmanship, beauty and quality are everywhere. The kitchen has the best of everything, including Miele, Wolf, Sub-Zero and Viking appliances, granite counters, extra refrigeration, large island, custom cabinetry and ample storage. It opens to an elegant family room with a large wet bar and grand windows opening to the pool patio. There are two en suite bedrooms on the first floor, marble staircase and three more en suite bedrooms on the second floor. The generous master bedroom with marble stone floors, views and oversized closets has an extravagant bath with separate water closets. An elevator makes life easier when bringing snacks upstairs to the media room. The property was built to challenge tropical storms with concrete filled block, double pane impact windows, built 13 feet above sea level out of the flood plain. The beauty of this home is in the architectural design, the detailed interior elegance and in the intelligent engineering.

Last Agent to Sell the Property

Laura Pearson

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3153404 Listed on: 11/12/2013

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Chris Price

HOMESMART License #3217760

HOMESMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,910

Year Built

  • Built in 2009

Lot Details

  • 1 Acre Lot
  • 108 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RE2

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Woods
  • Park or Greenbelt
  • Pool

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,381 Sq Ft Home
  • Elevator
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Blinds
  • Rods
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Media Room
  • Den
  • Inside Utility
  • Washer

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Heated Infinity Pool
  • Vinyl Pool
  • Spa
  • Outdoor Shower
  • Pool Tile

Outdoor Features

  • Property fronts gulf or ocean with access to the bay
  • Sailboat Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Englewood Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include escrow reserves fund, ground maintenance
  • Lemon Bay Estates Community
  • Lemon Bay Estates Subdivision
  • The community has rules related to deed restrictions
  • Greenbelt

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0473120007

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,910

Year Built

Built in 2009

Lot Details

1 Acres

HOA Fees

$66 per month

Parking

3

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 6381
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 8374
  • Lot Size Sq Ft: 43573
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 2756
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.83667
  • Price per Sq Ft: 327.14
  • Close to Original List Price Ratio: 0.83667
  • Ratio: Current Price\Building Area Total: 249.28
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, Elevator, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Convection Oven, Electric Water Heater, Microwave, Microwave Hood, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds, Rods, Thermal Windows
  • Room Count: 10
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Great Room, Inside Utility, Media Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor, Infinity, Tile, Vinyl
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Shower, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Greenbelt, Pool, Trees/Woods, Water
  • Water Body Name: Lemon Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Waterfront Frontage: 108
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, On Street
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Gas, Public, Street Lights
  • Cooling: Central Air
  • Heating: Zoned
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 794
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 794
  • Monthly HOA Fee: 132.33
  • Total Monthly Fees: 66.17

Schools

  • Elementary School: Englewood Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0473120007
  • Additional Parcels: No
  • Lot Features: Greenbelt, Level, Oversized Lot
  • Millage Rate: 13.89
  • Flood Zone Code: AE
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 18910
  • Tax Book Number: 0040/0038
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2013
Closed on
Jun 27, 2014
Sold by
M E R C R E D I Inc
Bought by
Adams William B and Adams Michelle C
Seller's Agent
Laura Pearson
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Chris Price
HOMESMART
List Price
$2,495,000
Sold Price
$2,087,500
Premium/Discount to List
-$407,500
-16.33%
Current Estimated Value
$2,636,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,902
Avg. Annual Appreciation
2.03%
Original Mortgage
$1,600,000
Outstanding Balance
$478,824
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$2,157,578

Purchase Details

Closed on
Jun 19, 2008
Sold by
Grasland Clement and Sci Revocable Trust
Bought by
M E R C R E D I Inc

Purchase Details

Closed on
Jan 3, 2008
Sold by
M E R C R E D I Inc
Bought by
Sci Revocable Trust

Purchase Details

Closed on
Nov 23, 2007
Sold by
Grasland Clement and Sci Revocable Trust
Bought by
M E R C R E D I Inc

Purchase Details

Closed on
Jun 30, 2007
Sold by
M E R C R E D I Inc
Bought by
Sci Revocable Trust

Purchase Details

Closed on
Jul 26, 2006
Sold by
Manasota Properties Inc
Bought by
M E R C R E D I Inc
Source: Public Records
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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
Adams William B $2,087,500 Attorney
M E R C R E D I Inc -- Attorney
Sci Revocable Trust -- None Available
M E R C R E D I Inc -- Attorney
Sci Revocable Trust -- None Available
M E R C R E D I Inc $200,000 Gold Crest Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams William B $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $2,087,500 0.0% $327 / Sq Ft
05/14/2014 05/14/14 Off Market $2,087,500 -- --
11/12/2013 11/12/13 For Sale $2,495,000 -- $391 / Sq Ft
Source: Stellar MLS

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 $24,078 $2,032,764 -- --
2024 $23,485 $1,975,475 -- --
2023 $23,485 $1,917,937 $0 $0
2022 $22,931 $1,862,075 $0 $0
2021 $22,986 $1,807,840 $0 $0
2020 $23,083 $1,782,880 $0 $0
2019 $22,480 $1,742,796 $0 $0
2018 $22,150 $1,710,300 $234,000 $1,476,300
2017 $23,340 $1,768,413 $0 $0
2016 $23,388 $1,775,400 $332,100 $1,443,300
2015 $23,826 $1,720,000 $314,700 $1,405,300
2014 $21,644 $1,322,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3987669

Stellar MLS

APN: 0473-12-0007

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