NOT LISTED FOR SALE

7402 Palm Dr Holmes Beach, FL 34217

Estimated Value: $1,077,238 - $1,350,000

3 Beds
2 Baths
1,518 Sq Ft
$765/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $540,000 $356 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,541/month

133 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Private Beach
  • Property is near public transit
  • Anna Maria Elementary School Rated A-
  • Fruit Trees
  • Corner Lot

About This Home

As of January 2020

Looking for a great investment that you can rent out weekly? This 3 bed/2 bath island home is only 10 houses to the gorgeous sugar sand beaches of the Gulf of Mexico! On a large corner lot, with a great split plan, this open layout would makes an ideal rental! West of Palm Dr, you will enjoy being centrally located with fantastic potential and plenty of room for a pool! Come make this island home all your own!

Last Agent to Sell the Property

Kathleen White

ISLAND REAL ESTATE-ANNA MARIA License #3019176 Listed on: 07/26/2019

Co-Listed By

Erin Leathem

ISLAND REAL ESTATE-ANNA MARIA License #3264662

Last Buyer's Agent

Jason Sato

SATO REAL ESTATE INC. License #3050590

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 1973

Lot Details

  • 8,415 Sq Ft Lot
  • Private Beach
  • East Facing Home
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Metered Sprinkler System
  • Fruit Trees
  • Property is zoned R2

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Patio
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • City Lot

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Palms Community
  • Bay Palms Add Fourth Unit Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,325

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1518
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 1578
  • Lot Size Sq Ft: 8415
  • Directions to Property: Marina Dr north, stay straight as it becomes Palm Dr. West (left) on 74th St. Home is on the north corner of of 74th St and Palm Dr.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442031?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442031?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.92323
  • Price per Sq Ft: 355.73
  • Close to Original List Price Ratio: 0.85851
  • Ratio: Current Price\Building Area Total: 342.21
  • View: No
  • Co List Office Mls Id: 266500093
  • Co List Office Phone: 941-778-6066
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 7402
  • Room Count: 6
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sprinkler Metered, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water Access: Beach - Private, Gulf/Ocean
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0138E
  • Additional Water Information: Only 3 blocks walk to the beach
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Street Lights
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R2
  • Parcel Number: 7163900058
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, City Lot, Level, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: 1 Week
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: minimum lease period is one week per city.

Tax Info

  • Tax Annual Amount: 8325
  • Tax Block: M
  • Tax Book Number: 8-58
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Jan 16, 2020
Sold by
Yonke Vicki
Bought by
Yonke Vicki and Vicki Yonke Revocable Trust
Seller's Agent
Kathleen White
ISLAND REAL ESTATE-ANNA MARIA
Buyer's Agent
Jason Sato
SATO REAL ESTATE INC.
List Price
$629,000
Sold Price
$540,000
Premium/Discount to List
-$89,000
-14.15%
Current Estimated Value
$1,161,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,310
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Binkowski Hiroko and The Hiroko Binkowski Amended A
Bought by
Site Unseen Llc

Purchase Details

Closed on
Oct 3, 2002
Sold by
Binkowski Arthur H
Bought by
Binkowski Hiroko

Purchase Details

Closed on
Feb 18, 1997
Sold by
Binkowski Hiroko
Bought by
Binkowski Hiroko
Source: Public Records

Range of Values:

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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
Yonke Vicki -- Attorney
Site Unseen Llc -- Barnes Walker Title Inc
Site Unseen Llc -- Barnes Walker Title Inc
Binkowski Hiroko -- --
Binkowski Hiroko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Site Unseen Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2020 01/02/20 Sold $540,000 -7.7% $356 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $584,900 -2.0% $385 / Sq Ft
09/07/2019 09/07/19 Price Changed $597,000 -5.1% $393 / Sq Ft
07/26/2019 07/26/19 For Sale $629,000 -- $414 / 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
2025 $15,155 $850,852 -- --
2024 $15,155 $1,212,191 $855,206 $356,985
2023 $14,200 $1,171,322 $798,193 $373,129
2022 $11,297 $791,159 $469,525 $321,634
2021 $9,124 $563,717 $402,450 $161,267
2020 $8,713 $508,800 $365,620 $143,180
2019 $8,399 $491,970 $348,790 $143,180
2018 $8,325 $485,247 $348,790 $136,457
2017 $7,644 $465,075 $0 $0
2016 $7,648 $455,869 $0 $0
2015 $6,981 $535,440 $0 $0
2014 $6,981 $419,490 $0 $0
2013 $6,437 $379,577 $253,900 $125,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4442031

Stellar MLS

APN: 71639-0005-8