NOT LISTED FOR SALE

Estimated Value: $620,000 - $1,046,000

5 Beds
4 Baths
3,013 Sq Ft
$281/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $407,500 $135 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,965/month

87 Days on Market

Highlights

  • Marina
  • Water Access
  • No HOA
  • Palma Sola Elementary School Rated A-
  • In Ground Pool
  • In-Law or Guest Suite

About This Home

As of May 2020

Multi-generational home in Palma Sola Park! This is a must see home and a unique opportunity to own a home that is perfect for entertaining and/or a growing family. Complete with a 2 bedroom guest house this home offers ALOT of space - 5 total bedrooms, 4 bathrooms and TWO kitchens. Fireplaces in both the main house and the apartment.Garage was converted to a game/recreational room that could easily be converted back to a 2 car garage or another bedroom. Extra large pool has been completely redone with all new equipment, marcite and pavers. There is plenty of parking, no deed restrictions and an optional HOA. Home is conveniently situated with easy access to Anna Maria Island, the Bradenton beaches, Robinson Preserve, tons of restaurants, retail and GREAT schools. So much potential - do not miss out on this incredible opportunity. These types of homes are one in a million! Motivated seller-bring offers!

Last Agent to Sell the Property

Krissy Bilbrey

FINE PROPERTIES License #3039119 Listed on: 01/17/2020

FINE PROPERTIES

Last Buyer's Agent

Sharon Hightower

RE/MAX ALLIANCE GROUP License #3188013

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned RSF4.5

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,013 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Inside Utility
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Water Access

Schools

  • Palma Sola Elementary School
  • Martha B. King Middle School
  • Manatee High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palma Sola Community
  • Palma Sola Park Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,967

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3013
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 14113
  • Directions to Property: West on Manatee Ave to 75th ST W. Turn left and then a right on San Juan Ave. Home on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456922?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456922?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90576
  • Price per Sq Ft: 135.25
  • Close to Original List Price Ratio: 0.815
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 4
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7703
  • Room Count: 12
  • Additional Rooms: Inside Utility, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Water Access
  • Association Amenities: Marina
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Manatee High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 3856600006
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3967.1
  • Tax Block: 5
  • Tax Book Number: 2-122
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2020
Closed on
May 29, 2020
Sold by
Karras Rick and Karras Jill
Bought by
Ricotta Lawrence and Ricotta Madonna M
Seller's Agent
Krissy Bilbrey
FINE PROPERTIES
Buyer's Agent
Sharon Hightower
RE/MAX ALLIANCE GROUP
List Price
$449,900
Sold Price
$407,500
Premium/Discount to List
-$42,400
-9.42%
Current Estimated Value
$847,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,636
Avg. Annual Appreciation
14.51%
Original Mortgage
$110,000
Outstanding Balance
$97,688
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$749,448

Purchase Details

Closed on
Jul 1, 2017
Bought by
Karras Rick

Purchase Details

Closed on
Aug 19, 2002
Sold by
Seheult Malcolm and Seheult Robin
Bought by
Karras Rick and Karras Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.52%

Purchase Details

Closed on
Mar 25, 1998
Sold by
Brown G Larry
Bought by
Robin Seheult Malcolm and Robin Sehueult

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.95%
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
Ricotta Lawrence $407,500 Attorney
Karras Rick $100 --
Karras Rick $250,000 --
Robin Seheult Malcolm $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricotta Lawrence $110,000
Previous Owner Karras Rick $155,000
Previous Owner Robin Seheult Malcolm $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $407,500 -9.4% $135 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/14/2020 03/14/20 Price Changed $449,900 0.0% $149 / Sq Ft
03/14/2020 03/14/20 For Sale $449,900 -4.1% $149 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $469,000 -6.2% $156 / Sq Ft
01/17/2020 01/17/20 For Sale $500,000 -- $166 / 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 $5,848 $438,799 -- --
2024 $5,848 $426,432 -- --
2023 $5,763 $414,012 $0 $0
2022 $5,625 $401,953 $0 $0
2021 $5,400 $390,246 $130,000 $260,246
2020 $4,028 $278,532 $0 $0
2019 $3,967 $272,270 $0 $0
2018 $3,935 $267,193 $0 $0
2017 $3,669 $261,697 $0 $0
2016 $3,660 $256,314 $0 $0
2015 $3,702 $254,532 $0 $0
2014 $3,702 $252,512 $0 $0
2013 $3,685 $248,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456922

Stellar MLS

APN: 38566-0000-6