NOT LISTED FOR SALE

Estimated Value: $3,215,000 - $5,101,000

3 Beds
3.5 Baths
3,789 Sq Ft
$1,093/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $2,750,000 $726 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $27,454/month

277 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Private Beach
  • Access to Bay or Harbor
  • White Water Ocean Views
  • Boat Lift
  • Heated Spa

About This Home

As of March 2020

Perfectly positioned on a ½ acre of swaying palms, this 3,789 square foot home boasts commanding views of Gasparilla Pass and colorful hues of sunsets and sunrises. The large open kitchen is a perfect gathering place with a seamless transition into the main living area, featuring high volume ceilings, antique pine flooring, and cypress beams. Two en-suite bedrooms are off the main living room, allowing plenty of privacy for both guests and hosts. Take the stairs or elevator (new in 2017) to a second-floor office and master suite with balcony and expansive water views. This impressive waterfront retreat is complete with everything to enhance your island lifestyle; including sandy beach, heated saltwater pool and spa, deep water dockage with 2 lifts and superb fishing at your back door. This is just how the island was meant to be enjoyed!

Last Agent to Sell the Property

Carol Stewart

MICHAEL SAUNDERS & CO. - BOCA License #579066 Listed on: 04/12/2019

MICHAEL SAUNDERS & CO. - BOCA

Co-Listed By

Kathleen Turner

MICHAEL SAUNDERS & CO. - BOCA License #531890

Last Buyer's Agent

Kristin O'Connor

GULF TO BAY SOTHEBY'S INTERNAT License #0671497

GULF TO BAY SOTHEBY'S INTERNAT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,561

Year Built

  • Built in 1996

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 108x186
  • 108 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Public Beach
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned RSF3.5

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway
  • Golf Cart Parking

Property Views

  • White Water Ocean
  • Beach
  • Partial Bay or Harbor

Home Design

  • Key West Architecture
  • Metal Roof
  • Block Exterior
  • Vinyl Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,789 Sq Ft Home
  • Elevator
  • Wet Bar
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Shutters
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Hurricane or Storm Shutters

Pool

  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Access to Bay or Harbor
  • Dock has access to water
  • Davits
  • Boat Lift
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Community Details

  • Tim Freeman Association
  • Gulf Shores North 04 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,561

Year Built

Built in 1996

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Stucco, Vinyl Siding
  • Fireplace: Yes
  • Living Area: 3789
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 5781
  • Lot Size Sq Ft: 20088
  • Directions to Property: From the Boca Grande Causeway ($6.00 toll), after crossing the 3rd bridge, turn right onto Gulf Shores Drive. Turn right onto Gasparilla Pass Blvd. Turn left onto NW Gasparilla Pass Blvd. House is on the right.
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6106364&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=D6106364&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 866-862-7777
  • Ratio: Close Price\List Price: 0.98214
  • Price per Sq Ft: 725.79
  • Close to Original List Price Ratio: 0.92437
  • Ratio: Current Price\Building Area Total: 475.7
  • View: No
  • Co List Office Mls Id: 256030041
  • Co List Office Phone: 941-964-2000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Shades, Shutters
  • Street Number Modifier: 9850
  • Room Count: 4
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, Salt Water
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Water Body Name: Gasparilla Pass
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Rear Porch, Screened
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Partial
  • Water Access: Bay/Harbor, Beach - Private, Beach - Public
  • Water Extras: Davits, Dock w/Electric, Dock w/Water Supply, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0367F
  • Waterfront Frontage: 108
  • Water Frontage Feet Bay Harbor: 108

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Faces Side, Golf Cart Parking
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • 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 Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: Tim Freeman
  • Association: Yes
  • Security: Security System, Security System Leased
  • Senior Community: No
  • Association Email: tim@myflmanager.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 200
  • Monthly HOA Fee: 16.67
  • Total Monthly Fees: 16.67

Schools

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

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 422027428010
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 108x186
  • Flood Zone Code: VE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 30561
  • Tax Book Number: 16-26
  • Tax Lot: 53

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Mar 11, 2020
Sold by
Long Palmer Reid and Long Linda M
Bought by
Andis Matthew K
Seller's Agent
Carol Stewart
MICHAEL SAUNDERS & CO. - BOCA
Buyer's Agent
Kristin O'Connor
GULF TO BAY SOTHEBY'S INTERNAT
List Price
$2,975,000
Sold Price
$2,750,000
Premium/Discount to List
-$225,000
-7.56%
Current Estimated Value
$4,141,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,391,057
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jun 28, 2011
Sold by
Sophocles George M and Sophocles Annette K
Bought by
Long Palmer Reid and Long Linda M

Purchase Details

Closed on
May 9, 2003
Sold by
Veitenhaus Thomas A
Bought by
Sophocles Geroge M and Sophocles Annette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,070,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1995
Sold by
Sunset Realty Corp
Bought by
Veitenhaus Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
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
Andis Matthew K $2,750,000 Attorney
Long Palmer Reid $27,000 Attorney
Sophocles Geroge M $1,870,000 --
Veitenhaus Thomas A $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sophocles George M $1,000,000
Previous Owner Sophocles George M $114,000
Previous Owner Sophocles Geroge M $1,070,000
Previous Owner Veitenhaus Thomas A $608,300
Previous Owner Veitenhaus Thomas A $588,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2020 03/11/20 Sold $2,750,000 -1.8% $726 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $2,800,000 -5.9% $739 / Sq Ft
12/20/2019 12/20/19 For Sale $2,975,000 +8.2% $785 / Sq Ft
10/31/2019 10/31/19 Off Market $2,750,000 -- --
06/19/2019 06/19/19 For Sale $2,975,000 0.0% $785 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $2,975,000 -- $785 / 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 $58,487 $2,841,413 $0 $0
2022 $49,635 $3,160,558 $961,697 $2,198,861
2021 $43,239 $2,348,275 $769,357 $1,578,918
2020 $32,364 $1,780,024 $0 $0
2019 $31,834 $1,740,004 $0 $0
2018 $29,886 $1,707,560 $0 $0
2017 $29,664 $1,672,439 $0 $0
2016 $29,552 $1,638,040 $0 $0
2015 $29,683 $1,626,653 $0 $0
2014 $29,489 $1,613,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6106364

Stellar MLS

APN: 422027428010