NOT LISTED FOR SALE

Estimated Value: $278,000 - $383,209

0.69 Acres
$500,101 Price per Acre
30,056 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $295,000

Est. 17% increase in value since last sale

Current estimated payment $2,802/month

4 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Private Beach
  • Gated Community
  • Beach View
  • Home fronts a lagoon or estuary
  • 0.69 Acre Lot

About This Lot

As of June 2021

Building a dream on an island. How perfect would that be. Come see this exclusive property on the West coast of Florida. This lot is located in the pristine Rum Cove Estates, within Palm Island Resort. On this homesite you can create exactly the home you want, no compromises. Call today and make your plans to start relaxing lifestyle.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/21/2021

Last Buyer's Agent

Courtney Defilippis

PARADISE EXCLUSIVE INC License #3127856

PARADISE EXCLUSIVE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,681

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 115x117
  • Home fronts a lagoon or estuary
  • 120 Feet of Waterfront
  • The property's road front is unimproved
  • Property fronts a private road
  • Private Beach
  • Cleared Lot
  • Property is zoned BBI

HOA Fees

  • $483 Monthly HOA Fees

Property Views

  • Beach
  • Partial Bay or Harbor
  • Lagoon

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 412019277007

Community Details

Overview

  • Association fees include community pool, ground maintenance, manager, pool maintenance, private road, recreational facilities, security
  • Vaness Diaz Hemmerick Association, Phone Number (941) 697-4800
  • Rum Cove Estates Community
  • Rum Cove Estates Subdivision

Security

  • Gated Community

Recreation

  • Water Access
  • First Come-First Served Dock

Property Details

Property Type

Land

Est. Annual Taxes

$3,681

Lot Details

0.69 Acres

HOA Fees

$483 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Land
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30132
  • Status: Sold
  • Number Of Pets: 2
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.98333
  • Price per Sq Ft: 9.79
  • Close to Original List Price Ratio: 0.98333
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: Private Road
  • Waterfront: Yes
  • Road Surface Type: Unimproved, Gravel
  • Water View: Beach, Gulf/Ocean - Partial, Lagoon
  • Water Access: Beach - Private
  • Water Extras: Dock - Slip 1st Come
  • Water View Y N: Yes
  • Front Footage: 120
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0189F
  • Waterfront Frontage: 120
  • Water Frontage Feet Lagoon: 120

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Fire Hydrant, Sewer Available, Street Lights, Underground Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 483
  • Association Fee Frequency: Monthly
  • Association Name: Vaness Diaz -Hemmerick
  • Phone: 941-697-4800
  • Association: Yes
  • Security: Gated Community
  • Association Email: associationmanager@palmisland.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 5796
  • Monthly HOA Fee: 483
  • Total Monthly Fees: 483

Schools

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

Lot Info

  • Zoning: BBI
  • Parcel Number: 412019277007
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared
  • Lot Dimensions: 115x117
  • Price Per Acre: 427536
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3681
  • Tax Book Number: 1-11
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 24, 2021
Sold by
Maglio Altom and Gore Maglio Jennifer
Bought by
Maglio Altom and Maglio Jennifer G
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$345,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,070
Avg. Annual Appreciation
3.36%

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 28, 2021
Sold by
Jacobson Jeffery O and Jacobson Jeffery O
Bought by
Maglie Altoni and Gore Magilo Jennifer
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Courtney Defilippis
PARADISE EXCLUSIVE INC
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%

Purchase Details

Closed on
Aug 11, 2017
Sold by
Cove 3 Llc
Bought by
Jacobson Jeffery O and Jacobson Revocable T Jeffery O

Purchase Details

Closed on
Nov 28, 2007
Sold by
Konstant Donna M
Bought by
R Cove 3 Llc

Purchase Details

Closed on
Sep 24, 2001
Sold by
Dismore Gardner G and Dinsmore Denise E
Bought by
Konstant Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.97%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Tornqvist Jani and Christensen Tina Birger
Bought by
Dinsmore Gardner G and Dinsmore Denise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.27%

Purchase Details

Closed on
Oct 18, 1994
Sold by
Gulfront Ptnr Ltd
Bought by
Tornqvist Jani and Christensen Tina Birger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maglio Altom -- Accommodation
Maglie Altoni $294,000 Attorney
Jacobson Jeffery O $200,000 Attorney
R Cove 3 Llc -- Attorney
Konstant Donna M $345,000 --
Dinsmore Gardner G $135,000 --
Tornqvist Jani $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Konstant Donna M $276,000
Previous Owner Dinsmore Gardner G $90,000
Previous Owner Tornqvist Jani $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Sold $295,000 -1.7% --
04/23/2021 04/23/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $300,000 -- --
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 $6,273 $353,614 $353,614 --
2023 $6,132 $323,065 $0 $0
2022 $5,391 $293,695 $293,695 $0
2021 $3,694 $188,594 $188,594 $0
2020 $3,681 $186,629 $186,629 $0
2019 $3,496 $176,807 $176,807 $0
2018 $3,060 $157,162 $157,162 $0
2017 $3,083 $157,162 $157,162 $0
2016 $3,150 $157,162 $0 $0
2015 $3,197 $157,162 $0 $0
2014 $3,180 $157,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6118116

Stellar MLS

APN: 412019277007

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