NOT LISTED FOR SALE

Estimated Value: $523,363 - $606,000

2 Beds
2.5 Baths
1,917 Sq Ft
$303/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $242,000 $126 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,744/month

18 Days on Market

Highlights

  • Beach
  • Steam Room
  • Gated Community
  • Fishing Pier
  • Fitness Center
  • Contemporary Architecture

About This Home

As of April 2016

Location....Location....Location....Looking for a place to call home or as your "GETAWAY" or as an investment? This is it! Banana Bay is gated and is the most unique community in Perdido Key with it's own beautiful private white sandy beach on the ICW for owners and their guests to enjoy as well as the Caribbean flare it invokes with it's happy colorful properties! The master bedroom is on the first floor and the master bath has a nice sized garden tub and separate shower. The kitchen is open and has granite counter tops and there is a spacious separate dining area which opens up into a comfortable and inviting living area....there is a nice private patio off of the living room to enjoy those BBQ meals or just for relaxing and reading and you are only steps away from the private beach area or to take a short stroll to the pool and exercise area! Head upstairs to a very open loft area as well as a large bedroom and another room which can be used as a bedroom or as an office / den....there is plenty of storage space in this well laid out property. this property has a one car garage for the care of your car as well as for more storage space. Banana Bay is convenient to marinas, golf courses, NAS Pensacola, Perdido Key Beaches, shopping and dining....Enjoy relaxation in any one, or all, of the amenities offered at Banana Bay....the pool, the hot tub, the sauna and the steam room and the exercise room......You can also hold those special gatherings in the community room with a full kitchen as an owner...Come and take a look at this very well maintained residence that has never been a rental and see how unique Banana Bay and all it has to offer!

Last Agent to Sell the Property

Agnes Stergion

Coastal Paradise Real Estate, LLC Listed on: 02/09/2016

Last Buyer's Agent

ALAN MCDUFF

Emerald Coast Realty Pros

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,586

Year Built

  • Built in 2005

Lot Details

  • 4,356

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,917 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Storage

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Utilities

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

Additional Features

  • Patio
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 143S321011020004

Community Details

Overview

  • Association fees include cable TV, ground maintenance, management, recreation facility
  • Banana Bay Subdivision

Amenities

  • Steam Room
  • Sauna

Recreation

  • Fishing Pier
  • Beach
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,586

Year Built

Built in 2005

Lot Details

0

HOA Fees

$320 per month

Parking

1

Listing Details

  • Stories: 2
  • Parcel Number: 143S321011020004
  • Property Type: Residential Attached
  • Year Built: 2005
  • Electric: Circuit Breakers
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • Subdivision Name: Banana Bay
  • Directions: Coming onto Perdido Key from Gulf Beach Highway, go over the Theo Baars Bridge and take the very first Left onto Gongora and then Left onto Don Carlos to Left onto River Rd....Turn Right into Banana Bay...turn Left after gate and then Right onto Valhalla and 6055 will be on the left...
  • Architectural Style: Contemporary
  • Building Name: Banana Bay
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Spa Features: Community
  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Carpet
  • Interior Amenities: Storage, Ceiling Fan(s), Walk-In Closet(s)
  • Window Features: Blinds
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: Ceiling Fan(s), Master Downstairs
  • Bathroom 1 Level: Second
  • Room Kitchen Features: Not Updated, Granite Counters
  • Room Living Room Area: 196
  • Room Kitchen Area: 140
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 120
  • Master Bathroom Features: Soaking Tub, Separate Shower, Tile

Exterior Features

  • Roof: Metal
  • Lot Features: Interior Lot
  • Waterfront Features: Beach Access, Natural
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage, 1 Space/Unit, Front Entrance, Parking Lot
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Fitness Center, Fishing, Gated, Sauna, Steam Room
  • Association Fee: 3838
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Cable TV, Maintenance Grounds, Management, Recreation Facility

Schools

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

Lot Info

  • Lot Size Sq Ft: 4356
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Apr 4, 2016
Sold by
Clarkson Gary E and Clarkson Margaret
Bought by
King Dan B
Seller's Agent
Agnes Stergion
Coastal Paradise Real Estate, LLC
Buyer's Agent
ALAN MCDUFF
Emerald Coast Realty Pros
List Price
$248,500
Sold Price
$242,000
Premium/Discount to List
-$6,500
-2.62%
Current Estimated Value
$580,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,091
Avg. Annual Appreciation
9.57%
Original Mortgage
$229,900
Outstanding Balance
$182,401
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$397,690

Purchase Details

Closed on
Aug 12, 2005
Sold by
Perdido Key Lots 124 & 125 Llc
Bought by
Clarkson Gary E and Clarkson Margaret
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
King Dan B $242,000 Attorney
Clarkson Gary E $210,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Dan B $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $242,000 -2.6% $126 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $248,500 -- $130 / 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 $4,586 $412,220 $70,000 $342,220
2023 $4,586 $308,072 $0 $0
2022 $4,148 $331,287 $50,000 $281,287
2021 $3,717 $266,373 $0 $0
2020 $3,386 $249,711 $0 $0
2019 $3,282 $254,506 $0 $0
2018 $3,255 $262,036 $0 $0
2017 $2,617 $173,900 $0 $0
2016 $2,528 $164,882 $0 $0
2015 $2,542 $164,882 $0 $0
2014 $2,792 $180,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 494528

Pensacola Association of REALTORS®

APN: 14-3S-32-1011-020-004