NOT LISTED FOR SALE

8504 71st Avenue Dr E Bradenton, FL 34202

4 Beds
3.5 Baths
3,070 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: February 10, 2021

Last sale price $685,000 $223 Per Sq Ft

6 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Oak Trees
  • Braden River Elementary School Rated A-
  • Water Access
  • Custom Home

About This Home

As of February 2021

One of the MOST unique properties in Bradenton. There’s really nothing quite like it. A peaceful and tranquil slice of heaven directly on the banks of the Braden River, this gated 3-unit compound is a perfect opportunity for retirees or investors. The main house is currently occupied by the owners and boasts a large first floor Master Bedroom with a King-size bed in the original log cabin that sat on the property and a large Master Bath. The second bedroom loft is overlooking the living area, a spacious gourmet eat-in-kitchen, an oversized living area with a gorgeous stone wood-burning see through fireplace in to the Main Bedroom, and a screened-in porch you will want to practically live on overlooking the river. Not only are you enveloped in lush and luxurious landscaping, pathways, live oaks, and fauna to explore, how does a lazy stroll down the Braden River on a kayak sound, leaving from your very own personal boat dock? Additionally, the Airbnb and VRBO rental potential on the two stand-alone units in the compound have historically paid the mortgage and all the expenses for all three properties. What better way to ‘semi-retire’ and still feel useful all while earning a great income stream. The two rental units are affectionately called “The Guest House” and “The Cottage”. Each has its own kitchen and full bath. The Guest House is the larger of the two and has a spacious living area separate from the bedroom. The Cottage is a little cozier and is the smaller of the two rental units. There’s also the possibility to rent all three units including the Main house and therefore, greatly increase the income stream potential. This truly is a property that must be seen to be appreciated. Southwest Florida charm at its finest. There really isn’t enough room here to list all the collateral benefits of owning this outstanding offering. This entire compound comes fully furnished except for a few personal items. A turn-key residential income property opportunity directly next door to the historic Linger Lodge! Enjoy proximity to I-75 and the best the area has to offer while being away from it all.
* Please see the attachments for historical data on the income for the rental units, the current rate for units similar to the Main house, and past yearly expenses, insurance costs, etc.

Last Agent to Sell the Property

Tim Koons-McGee

MICHAEL SAUNDERS & COMPANY License #3443161 Listed on: 12/01/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Lise Wosick

EXP REALTY LLC License #3396646

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 2001

Lot Details

  • 19,689 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oak Trees
  • Bamboo Trees
  • Fruit Trees
  • Wooded Lot
  • Historic Home
  • Property is zoned A1/WPE/S

Property Views

  • Water
  • Woods

Home Design

  • Custom Home
  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,070 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Loft
  • Ceramic Tile Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Balcony
  • Covered Patio or Porch

Schools

  • Braden River Elementary School
  • Braden River Middle School
  • Lakewood Ranch High School

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Heat Pump System
  • Electric Water Heater
  • Water Softener
  • Cable TV Available

Community Details

  • Waterfront Community

Listing and Financial Details

  • Assessor Parcel Number 1901800001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,254

Year Built

Built in 2001

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Custom, Historical
  • Water Extras: Dock - Wood
  • Water View: Yes
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 3070.00
  • Homestead: Yes
  • Lot Size Acres: 0.45
  • Year Built: 2001
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485050?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485050?w=Customer
  • Lot Size Sq Ft: 19689
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485050?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 4
  • Fireplace Features: Family Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Additional Rooms: Loft
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Kitchen/Family Room Combo, Master Bedroom Downstairs, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Water Softener
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Drapes, Window Treatments
  • Living Area Meters: 285.21

Exterior Features

  • Direction Faces: West
  • Additional Water Information: Fresh water Braden River flows into Ward Lake. Ward Lake separates fresh water of Braden River from salt water portion of Braden River. Salt water portion of Braden River flows to Manatee River and continues on to Gulf Waters.
  • Water Extras: Yes
  • Waterfront Feet River: 89
  • Water Access: River
  • Exterior Features: Balcony, Fenced, Outdoor Shower, Sidewalk
  • Roof: Shingle
  • Water View: River
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0340E
  • Water Access: Yes
  • View: Trees/Woods, Water
  • Water Body Name: BRADEN RIVER
  • Patio and Porch Features: Covered, Patio, Porch, Screened

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Water Source: Canal/Lake For Irrigation

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable
  • Community Features: Water Access, Waterfront

Fee Information

  • Waterfront Frontage: 89

Schools

  • Elementary School: Braden River Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: A1/WPE/S
  • Parcel Number: 1901800001
  • Fencing: Wood
  • Lot Size Square Meters: 1829

Rental Info

  • Minimum Lease: No Minimum
  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4254.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 10, 2021
Sold by
Bought by
Seller's Agent
Tim Koons-McGee
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Lise Wosick
EXP REALTY LLC
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Interest Rate
0.0437%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2014
Closed on
Apr 15, 2014
Sold by
Bought by
Seller's Agent
Michael Bridges
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jay Mitchell
COLDWELL BANKER REALTY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$225,000
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 3, 1997
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$685,000 Msc Title Inc
$450,000 Attorney
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $125,000
Closed $479,500
Closed $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2021 02/10/21 Sold $685,000 -1.4% $223 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $695,000 +54.4% $226 / Sq Ft
04/15/2014 04/15/14 Sold $450,000 0.0% $209 / Sq Ft View Prior Sale
03/14/2014 03/14/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $450,000 -- $209 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,435 $633,608 $86,700 $546,908
2023 $9,531 $645,346 $86,700 $558,646
2022 $8,452 $556,511 $85,000 $471,511
2021 $5,248 $378,749 $0 $0
2020 $4,431 $315,026 $85,000 $230,026
2019 $4,422 $311,147 $85,000 $226,147
2018 $4,428 $307,700 $0 $0
2017 $4,125 $301,371 $0 $0
2016 $4,137 $296,034 $0 $0
2015 $1,291 $306,484 $0 $0
2014 $1,291 $107,140 $0 $0
2013 $1,266 $105,557 $35,250 $70,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485050

Stellar MLS

APN: 19018.0000-1

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