NOT LISTED FOR SALE

Estimated Value: $528,700 - $641,000

2 Beds
2.5 Baths
1,842 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $525,000 $285 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,545/month

250 Days on Market

Highlights

  • Boat Dock
  • Property fronts an intracoastal waterway
  • Fitness Center
  • Beach
  • Steam Room
  • In Ground Pool

About This Home

As of March 2023

COME HOME TO ONE OF PERDIDO KEY’S MOST DESIRABLE & RECOGNIZABLE COMMUNITIES WITH ITS BRIGHTLY COLORED TOWNHOMES THAT WISK YOU AWAY TO ISLAND LIVING! JUST OVER THE BRIDGE ONTO PERDIDO KEY, BANANA BAY SITS NESTLED ALONG THE INTRACOASTAL WATERWAY WHERE YOU CAN ENJOY WATCHING THE BOATS GO BY FROM THE BEAUTIFUL WHITE SANDY BEACH! This spacious 2-bedroom townhome (with bonus room/loft) 2.5 bathrooms, ICF construction, and sought after private 1-car garage is fully furnished and move-in ready! This gem is now pink but is soon to be painted "Lapis Lazuli" blue! Enjoy open concept living/dining area with beautiful high quality designer furnishings that were all hand-picked. Owner improvements include a well thought out wet bar area and morning bar adjacent to the kitchen. From the living area you will enjoy a spacious private patio, perfect for grilling or just relaxing, overlooking the beautiful lush landscaping. Enjoy a convenient first-floor master suite, with 2 large closets, en-suite bath with jetted tub and oversized shower. Head upstairs to the open loft space, outfitted with extra sleeping quarters and a second master suite with a generously sized closet and full bath. The 2nd floor bedroom has an adjacent bonus room - perfect for home office, small workout room, or sleeping space. There is also a walk-out attic space for additional storage on the second floor and laundry area. Owners and guests enjoy a secure-gated community, low HOA dues, clubhouse, fitness center (with steam room and sauna), community pool and sandy beach area along the Intracoastal Waterway. This would be a wonderful primary residence or income-producing property as it has everything you could want...and more! Close to the beautiful beaches of Perdido Key, shopping, restaurants, and a quick drive to Orange Beach and Pensacola. Come home to Banana Bay!

Last Agent to Sell the Property

Katherine Justice

Levin Rinke Realty Listed on: 05/12/2022

Levin Rinke Realty

Last Buyer's Agent

BOBBIE MOORE PERRY

Levin Rinke Realty

Levin Rinke Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 2006

Lot Details

  • 2,365 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Partially Fenced Property

HOA Fees

  • $368 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Inside Utility

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Tile Bathroom Countertop
  • Jetted Tub in Primary Bathroom
  • Spa Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 143S321011040007

Community Details

Overview

  • Association fees include management, recreation facility
  • Banana Bay Subdivision

Amenities

  • Steam Room
  • Sauna

Recreation

  • Boat Dock
  • Beach
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,650

Year Built

Built in 2006

Lot Details

0

HOA Fees

$368 per month

Parking

1

Listing Details

  • Stories: 2
  • Parcel Number: 143S321011040007
  • Property Type: Residential Attached
  • Year Built: 2006
  • Electric: Circuit Breakers
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size Acres: 0.0543
  • Road Surface Type: Paved
  • Subdivision Name: Banana Bay
  • Directions: Head North on Perdido Key Dr towards Theo Baars Bridge. Turn east just before bridge onto Gongora Dr. Make immediate left onto Don Carlos Dr. Turn right onto River Rd. Turn right onto Del Rio Dr, the entrance of Banana Bay. Turn right to stay on Del Rio Dr then left onto Elysian Ave
  • Architectural Style: Contemporary
  • Building Name: Banana Bay
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dryer, Washer, Wine Cooler, Built In Microwave, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Carpet
  • Interior Amenities: Storage, Ceiling Fan(s), Wet Bar, Bonus Room
  • Living Area: 1842
  • Window Features: Some Blinds, Some Drapes
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Master Bedroom Features: Ceiling Fan(s), Master Downstairs
  • Room Kitchen Features: Not Updated, Granite Counters
  • Room Master Bedroom Area: 180
  • Master Bathroom Features: Jetted Tub, Separate Shower, Tile

Exterior Features

  • Roof: Metal
  • Fencing: Partial
  • Pool Features: In Ground
  • Waterfront Features: Intracoastal Waterway, Beach Access, Natural
  • Waterfront: Yes
  • Construction Type: ICFs (Insulated Concrete Forms)
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

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, Pool, Community Room, Dock, Fitness Center, Gated, Sauna, Steam Room
  • Association Fee: 4413.7
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Management, Recreation Facility

Schools

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

Lot Info

  • Lot Size Sq Ft: 2365.308
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Mar 3, 2023
Sold by
Comstock Neil A
Bought by
Henderson Margaret Elizabeth
Seller's Agent
Katherine Justice
Levin Rinke Realty
Buyer's Agent
BOBBIE MOORE PERRY
Levin Rinke Realty
List Price
$560,000
Sold Price
$525,000
Premium/Discount to List
-$35,000
-6.25%
Current Estimated Value
$579,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,425
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
May 11, 2006
Sold by
Perdido Key Lots 124 & 125 Llc
Bought by
Comstock Neil A and Comstock Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Henderson Margaret Elizabeth $525,000 --
Comstock Neil A $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comstock Neil A $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $525,000 -6.3% $285 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
05/12/2022 05/12/22 For Sale $560,000 -- $304 / 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 $1,650 $403,870 $70,000 $333,870
2023 $1,650 $160,243 $0 $0
2022 $1,665 $155,576 $0 $0
2021 $1,659 $151,045 $0 $0
2020 $1,615 $148,960 $0 $0
2019 $1,583 $145,611 $0 $0
2018 $1,579 $142,896 $0 $0
2017 $1,573 $139,957 $0 $0
2016 $1,559 $137,079 $0 $0
2015 $1,546 $136,127 $0 $0
2014 $1,538 $135,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 608688

Pensacola Association of REALTORS®

APN: 14-3S-32-1011-040-007