NOT LISTED FOR SALE

7381 Palm Island Dr Placida, FL 33946

Don Pedro Island Neighborhood

Estimated Value: $1,222,470 - $1,812,000

5 Beds
4 Baths
2,840 Sq Ft
$526/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $790,000 $278 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,893/month

1,387 Days on Market

Highlights

  • Waterfront
  • Water access To Gulf or Ocean
  • Saltwater Pool
  • Boat Dock
  • Private Beach
  • Partial Gulf or Ocean Views

About This Home

As of March 2014

PRICE REDUCTION on this five bedroom, four bath single family home with elevator is designed for family living. The large screened in lanai is perfect for outside enjoyment and watching the fabulous Florida sunsets over the Gulf of Mexico.Lots of windows, sliding glass doors and open plan are just a few features to this immaculate home. Gourmet kitchen hosts a gas stove, stainless steel appliances, granite top butcher block island with prep sink, walk -in pantry, hot water dispenser, above cabinet lighting, wine cooler and separate ice maker for the all the essentials in entertaining guest and family. The flooring is all reclaimed antique hard wood, perfect for this beach environment. Central vacuuming system ensures the ultimate in maintaining an easy life style. Stairway to master suite leads up to an area with lots of natural sunlight into a comfortable sitting area for reading or computer work. Large master bedroom includes a sitting area and walk-in closet. Sliding glass door leads to an open deck for privacy and relaxation. Guest bedrooms have their own private baths uniquely decorated with McKenzie Childs sinks in a wonderful fish decor.Roomy walk-in showers in two of the guest baths, the third has a tub with handicap accesibility. This is a great home located in a fantastic waterfront community that offers tennis, docks , fitness facility, restaurant, and heated swimming pool. Pure Florida living. A must see.

Last Agent to Sell the Property

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/11/2010

Last Buyer's Agent

Penny Hazen

PALM ISLAND PROPERTIES INC License #407634 Listed on: 04/11/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,832

Year Built

  • Built in 2005

Lot Details

  • 8,060 Sq Ft Lot
  • Lot Dimensions are 65.0x124.0
  • Private Beach
  • West Facing Home
  • Private Lot
  • Oversized Lot
  • Property is zoned PD

HOA Fees

  • $179 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Key West Architecture
  • Elevated Home
  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 2,840 Sq Ft Home
  • Elevator
  • Bar Fridge
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Partial Bay or Harbor Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Saltwater Pool
  • Water access To Gulf or Ocean
  • First Come-First Served Dock

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 412031127007

Community Details

Overview

  • Association fees include private road, recreational facilities, security, trash
  • Seaside Community
  • Seaside I Subdivision
  • The community has rules related to deed restrictions
  • Planned Unit Development

Recreation

  • Boat Dock
  • Waterfront
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,832

Year Built

Built in 2005

Lot Details

0

HOA Fees

$179 per month

Listing Details

  • HOA Fee Includes: Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida, Key West
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2840
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 4375
  • Lot Size Sq Ft: 8060
  • Directions to Property: South on SR 776 (Placida Road) right on Panama Blvd to car ferry .
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1050025
  • RATIO Current Price By Calculate: 278.17
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • Property Description: Elevated
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Elevator, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 7381
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Salt Water
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Beach - Private,Gulf/Ocean
  • Water Extras: Dock - Slip 1st Come
  • Water Extras YN: 1
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Gas, Private, Sprinkler Meter, Underground Utilities
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Playground, Pool, PUD, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Dock, Gated, Playground, Security, Tennis Court(s)
  • Association Fee: 537
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required
  • Building Name Number: SEASIDE # 24

Fee Information

  • Total Annual Fees: 2148.00
  • Total Monthly Fees: 179.00
  • Monthly HOA Amount: 179.00

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 412031127007
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, Oversized Lot, Private
  • Lot Dimensions: 65.0X124.0
  • Flood Zone Code: VE
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0420

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-03-21T00:00:00.000

Tax Info

  • Tax Annual Amount: 10832
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Beach - Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2010
Closed on
Mar 15, 2014
Sold by
Geherin Mark and Geherin Jennifer
Bought by
Nayak Suresh and Nayak Jennifer
Seller's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
Buyer's Agent
Penny Hazen
PALM ISLAND PROPERTIES INC
List Price
$1,499,500
Sold Price
$790,000
Premium/Discount to List
-$709,500
-47.32%
Total Days on Market
1387
Current Estimated Value
$1,493,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,490
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Jun 13, 2000
Sold by
Conn David B and Conn Joan
Bought by
Geherin Mark and Geherin Jannifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nayak Suresh $790,000 Attorney
Geherin Mark $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geherin Mark $499,999
Previous Owner Geherin Mark $553,000
Previous Owner Geherin Mark $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Off Market $790,000 -- --
03/21/2014 03/21/14 Sold $790,000 -12.2% $278 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
04/11/2013 04/11/13 Price Changed $899,500 -10.0% $317 / Sq Ft
01/17/2013 01/17/13 Price Changed $999,500 -33.3% $352 / Sq Ft
04/11/2010 04/11/10 For Sale $1,499,500 -- $528 / 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 $19,666 $948,140 $0 $0
2022 $16,987 $1,039,184 $71,825 $967,359
2021 $14,958 $783,586 $60,775 $722,811
2020 $14,833 $771,601 $60,499 $711,102
2019 $14,435 $741,188 $60,499 $680,689
2018 $13,017 $692,802 $60,499 $632,303
2017 $12,289 $654,720 $60,499 $594,221
2016 $11,876 $612,767 $0 $0
2015 $11,653 $590,939 $0 $0
2014 -- $606,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Penny Hazen

    Seller's Agent in 2014

    Penny Hazen

    PALM ISLAND PROPERTIES INC

    (941) 628-1698

    51 in this area

    60 Total Sales

    Penny Hazen
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: R4593322

Stellar MLS

APN: 412031531010

Florida Charlotte County Placida 33946 Don Pedro Island

7381 Palm Island Dr, Placida, FL

This home is located at 7381 Palm Island Dr, Placida, FL 33946 since 11 April 2010 and is currently estimated at $1,493,490, approximately $525 per square foot. This property was built in 2005. 7381 Palm Island Dr is a home located in Charlotte County with nearby schools including Vineland Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes