NOT LISTED FOR SALE

Estimated Value: $1,306,175 - $1,797,000

3 Beds
4 Baths
2,608 Sq Ft
$615/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $985,000 $378 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,099/month

53 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Slip Deeded
  • White Water Ocean Views
  • Dock made with wood
  • Boat Lift

About This Home

As of March 2020

ISLAND LIVING AT ITS FINEST and no expense spared in this 2008 Southern Design constructed custom home. Quality construction & design throughout makes for comfortable living with an open and airy floor plan, high end finishes and room for everyone. On the main floor you will appreciate the warm wood floors, high ceilings, beautiful kitchen which boasts an extra island offering a wine cooler, gas range, stainless appliances & granite counters which opens to both the dining and living rooms, perfect for gathering. There is also a private den/office and full bath to host extra guests and multiple porches on each level. Upstairs you’ll find the impressive Master Bedroom boasting a private porch which overlooks the pool & waterway below and a stunning master bathroom with a soaking tub & separate shower. The backyard is home to a Tropical Paradise offering a fenced and ultra private salt water pool & spa, shaded lounging area, walk in & heated outdoor shower along with a private dock & boat lift & floating dock constructed of Ipe decking which can hold up to the weather and blends to the natural Florida setting. There is direct access to the Intracoastal Waterway and Gulf of Mexico and plenty of depth for larger vessels. This home would be an ideal rental and you and your guests could enjoy the fine living on Florida’s most incredible coast.

Last Agent to Sell the Property

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 11/21/2019

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856 Listed on: 11/21/2019

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,299

Year Built

  • Built in 2008

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 74x145
  • 70 Feet of Waterfront
  • Public Beach
  • Southwest Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Property is zoned BBI

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Woods
  • Pool

Home Design

  • Stilt Home
  • Custom Home
  • Key West Architecture
  • Elevated Home
  • Wood Frame Certified By Forest Stewardship Council
  • Wood Frame Construction
  • Metal Roof
  • Cement Siding
  • Pile Dwellings

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Window Treatments
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Parking Pad
  • Driveway
  • Parking Garage Space
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Lagoon or Estuary
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Minimum Wake Zone
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Englewood Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Palm Island Estates Association
  • Built by Southern Design Home Builders
  • Palm Island Estates Community
  • Palm Island Estates Un 4 Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,299

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Elevated, Key West
  • Construction Materials: Cement Siding, Wood Frame, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 2608
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 3878
  • Lot Size Sq Ft: 10730
  • Directions to Property: From 776 & Placida Rd. travel south on Placida Rd. to Panama Blvd. Car ferry to Palm Island (agent will assist with island access). N. Gulf Blvd. to South Gulf Blvd. to Bocilla Dr. At the fork in the road, stay left on Gasparilla Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6109641?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6109641?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Elevated, Stilt Home
  • Ratio: Close Price\List Price: 0.89545
  • Price per Sq Ft: 377.68
  • Close to Original List Price Ratio: 0.89545
  • Ratio: Current Price\Building Area Total: 254
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Insulated Windows, Thermal Windows, Window Treatments
  • Street Number Modifier: 60
  • Room Count: 10
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Fenced, French Doors, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Public, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Lagoon
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Lift, Minimum Wake Zone, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 70
  • Water Frontage Feet Bay Harbor: 70
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway, Golf Cart Garage, Parking Pad, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association Name: Palm Island Estates
  • Association: Yes
  • Senior Community: No
  • Association Email: palmislandestates.org
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 40
  • Monthly HOA Fee: 3.33
  • Total Monthly Fees: 3.33

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: BBI
  • Parcel Number: 412033128003
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Level, Near Marina
  • Lot Dimensions: 74x145
  • Flood Zone Code: VE
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Southern Design Home Builders

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 13299
  • Tax Block: E
  • Tax Book Number: 6-4
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Mar 5, 2020
Sold by
Lariscy Craig D and Lariscy Elizabeth A
Bought by
Major Mark J and Klaus Major Kara
Seller's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$1,100,000
Sold Price
$985,000
Premium/Discount to List
-$115,000
-10.45%
Current Estimated Value
$1,565,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,878
Avg. Annual Appreciation
9.93%
Original Mortgage
$788,000
Outstanding Balance
$706,562
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$940,394

Purchase Details

Closed on
Mar 4, 2003
Sold by
Bulcock Robert and Bulcock Elizabeth J
Bought by
Bulcock Robert
Source: Public Records

Range of Values:

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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
Major Mark J $985,000 Attorney
Bulcock Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Major Mark J $788,000
Previous Owner Lariscy Craig D $308,000
Previous Owner Lariscy Craig D $1,160,000
Previous Owner Lariscy Craig D $140,000
Previous Owner Lariscy Craig D $468,750
Previous Owner Cotherman Linda B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $985,000 -10.5% $378 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $1,100,000 -- $422 / 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
2023 $18,270 $851,958 $0 $0
2022 $16,070 $1,000,383 $195,594 $804,789
2021 $13,792 $704,097 $125,599 $578,498
2020 $13,842 $703,324 $124,290 $579,034
2019 $14,831 $755,407 $117,749 $637,658
2018 $13,299 $702,228 $104,666 $597,562
2017 $13,152 $684,395 $104,666 $579,729
2016 $12,827 $637,824 $0 $0
2015 $12,042 $579,840 $0 $0
2014 $10,787 $527,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6109641

Stellar MLS

APN: 412033128003