NOT LISTED FOR SALE

5902 Hatteras Palm Way Tampa, FL 33615

Estimated Value: $644,000 - $679,000

3 Beds
3 Baths
2,120 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $551,000 $260 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,421/month

5 Days on Market

Highlights

  • Boat Ramp
  • Private Beach
  • In Ground Pool
  • Alonso High School Rated A
  • Access To Marina
  • 4-minute walk to Cape Hatteras Park

About This Home

As of December 2021

Florida living at its very best! This beautiful Mediterranean style pool home with 2 CG is situated on a Nature Preserve. Hardwood floors greet you at entry and continue into the spacious family room. All three bedrooms are on the first floor including the master bedroom with trey ceiling and french doors to the outside. The master bath has a garden tub with separate walk-in shower and double sinks. A formal dining room with trey ceiling will be the perfect family dining area. A chef's delight of a kitchen with Cherry 42 inch wood cabinets, stainless steel appliances and granite counters is adjacent to family room. A full bath is also on this level. Upstairs is a bonus room which could be a 4th bedroom with a full bath. The large pool and decking area will provide the perfect outdoor entertaining space for barbecues and family and friends gatherings and events. The back yard faces a Nature Preserve. This waterfront community boasts a Marina with direct access to TAMPA BAY and the Gulf of Mexico. You will delight in Palm Bay's gated community featuring a private beach, boat ramp, marina, playground tennis courts and a dog park. Location is premier with easy driving distance to Tampa and Pinellas County and a reasonable drive to the beaches. A short distance from Tampa International Airport, South Tampa's Malls, restaurants, and specialty shops. Call today for a tour of this home.

Last Agent to Sell the Property

Cliff Snider

COLDWELL BANKER REALTY License #685837 Listed on: 11/08/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Lindsey Fowkes

RE/MAX COLLECTIVE License #3214231

RE/MAX COLLECTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,176

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 50x150
  • Private Beach
  • East Facing Home
  • Property is zoned PD

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Marina
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Boat Ramp
  • Balcony

Schools

  • Bay Crest Elementary School
  • Davidsen Middle School
  • Alonso High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 65
  • Assessor Parcel Number U-33-28-17-0BM-000000-00065.0
  • $1,804 per year additional tax assessments

Community Details

Overview

  • Wise Property Management Association
  • Visit Association Website
  • Palm Bay Ph II Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Tennis Courts
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,176

Year Built

Built in 2005

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2120
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2519
  • Lot Size Sq Ft: 19261
  • Directions to Property: West on Hillsborough Ave to W. Longboat Blvd, go south until it ends, make a right on E. Longboat Blvd turn right onto Cape Hatteras Drive, proceed to stop at gate which will automatically open during daylight hours, house is at end of street on Hatteras Palm Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3335731?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3335731?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.03962
  • Price per Sq Ft: 259.91
  • Close to Original List Price Ratio: 1.03962
  • Ratio: Current Price\Building Area Total: 218.74
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Cork, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Drapes
  • Street Number Modifier: 5902
  • Room Count: 8
  • Additional Rooms: Family Room

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor, Beach - Private, Canal - Saltwater, Marina
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Gated Community, Park, Sidewalk, Tennis Courts, Water Access
  • Association Fee: 230
  • Association Fee Frequency: Annually
  • Association Name: Wise Property Management
  • Phone: Cody Wise
  • Association: Yes
  • Senior Community: No
  • Association Website: wisepropertymanagement.com
  • Association Email: cglass@wisepropertymanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 230
  • Monthly HOA Fee: 19.17
  • Total Monthly Fees: 19.17

Schools

  • Elementary School: Bay Crest-HB
  • High School: Alonso-HB
  • Middle Or Junior School: Davidsen-HB

Lot Info

  • Zoning: PD
  • Parcel Number: U-33-28-17-0BM-000000-00065.0
  • Additional Parcels: No
  • Lot Dimensions: 50x150
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: See HOA documents
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please refer to HOA documents for lease restrictions or contact management office.

Tax Info

  • Tax Annual Amount: 7175.72
  • Tax Block: 000
  • Tax Book Number: 74-8
  • Tax Lot: 65
  • Tax Other Annual Assessment Amount: 1804

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 15, 2021
Sold by
Sherman Shannon W and Sherman Chiyon
Bought by
Bakken Olivia and Propst James Edward
Seller's Agent
Cliff Snider
COLDWELL BANKER REALTY
Buyer's Agent
Lindsey Fowkes
RE/MAX COLLECTIVE
List Price
$530,000
Sold Price
$551,000
Premium/Discount to List
$21,000
3.96%
Current Estimated Value
$665,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,209
Avg. Annual Appreciation
4.99%
Original Mortgage
$523,450
Outstanding Balance
$480,315
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$184,894

Purchase Details

Closed on
Jun 12, 2015
Sold by
Hornyak Jonathan
Bought by
Sherman Shannon W and Sherman Chiyon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 30, 2012
Sold by
Hogan Judithl
Bought by
Hornyak Jonathan
Seller's Agent
Jon Spinks
BULLS REALTY LLC
Buyer's Agent
Jurga Haynes
QUICKSILVER REAL ESTATE GROUP
List Price
$299,900
Sold Price
$312,000
Premium/Discount to List
$12,100
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$249,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Oct 22, 2012
Sold by
Diaz Alain
Bought by
Hogan Judith L
Seller's Agent
Jon Spinks
BULLS REALTY LLC
Buyer's Agent
Jurga Haynes
QUICKSILVER REAL ESTATE GROUP
List Price
$299,900
Sold Price
$312,000
Premium/Discount to List
$12,100
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2007
Sold by
Cartus Financial Corp
Bought by
Diaz Alain and Sanchez Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,350
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2006
Sold by
Lazzari Christopher and Lazzari Heather
Bought by
Cartus Financial Corp

Purchase Details

Closed on
Nov 5, 2004
Sold by
Lexington Homes Inc
Bought by
Lazzari Christopher and Lazzari Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,300
Interest Rate
5.65%
Mortgage Type
Construction
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
Bakken Olivia $551,000 South Tampa Title Company
Sherman Shannon W $380,000 Attorney
Hornyak Jonathan $312,000 Attorney
Hogan Judith L $230,600 None Available
Diaz Alain $373,000 Sunbelt Title Agency
Cartus Financial Corp $460,000 Attorney
Lazzari Christopher $104,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakken Olivia $523,450
Previous Owner Sherman Shannon W $382,500
Previous Owner Hornyak Jonathan $249,600
Previous Owner Diaz Alain $354,350
Previous Owner Lazzari Christopher $346,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $551,000 +4.0% $260 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $530,000 +69.9% $250 / Sq Ft
06/16/2014 06/16/14 Off Market $312,000 -- --
11/30/2012 11/30/12 Sold $312,000 +4.0% $147 / Sq Ft View Prior Sale
10/30/2012 10/30/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $299,900 -- $141 / 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 $10,958 $518,460 $108,352 $410,108
2023 $11,274 $496,812 $108,352 $388,460
2022 $10,451 $450,545 $81,577 $368,968
2021 $7,643 $330,654 $0 $0
2020 $7,176 $326,089 $72,390 $253,699
2019 $7,365 $336,528 $0 $0
2018 $7,337 $330,253 $0 $0
2017 $7,270 $323,460 $0 $0
2016 $7,652 $331,246 $0 $0
2015 $6,807 $310,586 $0 $0
2014 $6,813 $266,982 $0 $0
2013 -- $263,036 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3335731

Stellar MLS

APN: U-33-28-17-0BM-000000-00065.0