NOT LISTED FOR SALE

Estimated Value: $720,380 - $879,000

3 Beds
1 Bath
1,242 Sq Ft
$659/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $330,000 $266 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,888/month

7 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Boat Slip Deeded
  • Canal View
  • Water access To Gulf or Ocean
  • Boat Lift
  • Deck

About This Home

As of September 2013

CORPORATE OWNED 3 bedroom, 1 bath GULF ACCESS home located on a 0.23 acre lot on Palm Island. This home includes a private dock with boat lift & a fantastic, 2-story screened lanai... perfect for entertaining! Interior features include a kitchen with breakfast bar overlooking the living room, ceramic tile flooring throughout, & a spiral staircase leading the 2nd floor bedroom. This bedroom features a private open balcony with breathtaking views! Don't miss this amazing opportunity to own your piece of the island! The only way to get onto the island is by ferry. Property owners and residents of the island can buy an annual pass for $2200 or an annual golf cart pass for $800. See attached ferry fee structure for details. Being sold AS-IS, WHERE-IS. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it. All room dimensions are approximate and need to be verified by the buyer.

Last Agent to Sell the Property

Robert Cuccinello

HOMES AND LAND BROKERS INC License #3055111 Listed on: 08/07/2013

Last Buyer's Agent

Kim Spallone

License #3139914

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,174

Year Built

  • Built in 1985

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • 80 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Property is zoned RSF3.5

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,242 Sq Ft Home
  • Sliding Doors
  • Inside Utility
  • Laundry in unit
  • Canal Views

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water access To Gulf or Ocean
  • Access to Saltwater Canal
  • Boat Lift
  • Boat Slip Deeded
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Community Details

  • Palm Island Estates HOA 941 830 8936 Association
  • Palm Island Estates Community
  • Palm Island Ests Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,174

Year Built

Built in 1985

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1242
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 3599
  • Lot Size Sq Ft: 10000
  • Directions to Property: Going South on Placida Rd (775), turn right on Panama Blvd. Take the ferry onto the island. Right onto Palm Drive. Property is on the left hand side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037340
  • RATIO Current Price By Calculate: 265.70
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Property Description: Elevated
  • Tax Year: 2012
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Two
  • Street Number Modifier: 71
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Exterior Features: Sliding Doors, Fence, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Canal - Saltwater,Gulf/Ocean
  • Water Extras: Dock - Slip Deeded On-Site,Lift
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Utilities: Cable Available, Private
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Association Name: Palm Island Estates HOA 941-830-8936
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 40.00
  • Total Monthly Fees: 3.33

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412028303005
  • Additional Parcels: No
  • Lot Features: Unpaved
  • Lot Dimensions: 80X125
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-09-30T00:00:00.000

Tax Info

  • Tax Annual Amount: 6174
  • Tax Block: I
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 23, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Zody Billie D
Seller's Agent
Robert Cuccinello
HOMES AND LAND BROKERS INC
Buyer's Agent
Kim Spallone
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$818,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,845
Avg. Annual Appreciation
7.83%
Original Mortgage
$264,000
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Hershberger Andrew J and Hershberger Debra
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 21, 2000
Sold by
Hess Dan A and Hess Pamela J
Bought by
Hershberger Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 10, 1995
Sold by
Hess Dan A and Hess Pamela J
Bought by
Hess Dan A and Hess Pamela J

Purchase Details

Closed on
Mar 22, 1994
Sold by
Shaffer Mark J and Shaffer Barbara A
Bought by
Hess Dan A and Hess Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Zody Billie D $330,000 Landcastle Title Llc
Deutsche Bank National Trust Company $201,300 None Available
Hershberger Andrew J $205,000 --
Hess Dan A -- --
Hess Dan A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zody Billie D $264,000
Previous Owner Hershberger Andrew J $164,000
Previous Owner Hess Dan A $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Off Market $330,000 -- --
09/30/2013 09/30/13 Sold $330,000 0.0% $266 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $329,900 -- $266 / 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 $6,463 $322,201 $0 $0
2022 $6,461 $330,981 $0 $0
2021 $6,451 $321,341 $0 $0
2020 $6,388 $316,904 $0 $0
2019 $6,218 $309,779 $0 $0
2018 $5,876 $304,003 $0 $0
2017 $5,599 $297,750 $0 $0
2016 $5,565 $291,626 $0 $0
2015 $5,607 $289,599 $0 $0
2014 $5,506 $287,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5176183

Stellar MLS

APN: 412028303005