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500 Bayshore Drive

500 Bayshore Drive, Ellenton, FL 34222
Property in Terra Ceia
Sold Nov 16, 2022
$3,300,000
Sold Apr 21, 2005
$875,000
$500,000 by Suntrust Mortgage Inc
Mortgage Due May 01, 2035
Local assessors in Ellenton, FL have categorized 500 Bayshore Drive as a residential type of property. The home was built in 2011 and is 13 years old. It was most recently renovated and altered in 2017. The property's lot size has been calculated to be 90,731 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 7 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 500 Bayshore Drive has a total of 6,350 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of metal. Lots of rock and stone were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 8, 2022 for $3,300,000. That's $358.31 per sqft. Prior to that sales transaction, the property was also sold in Apr 18, 2005 for $875,000. 500 Bayshore Drive was last assessed in 2023. The total value of the property was assessed at $2,295,991. Specifically, the land the property is located on was valued at $607,331. While improvements on the property were assessed at a total of $1,688,660. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $9,235. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2017
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 36
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Duplex
  • Exterior Walls Type: Rock and stone
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 576
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 90,731
  • Total Building Area: 9,210
  • Gross Building Area: 9,210
  • Building Area: 6,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,350
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.083
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PARCEL 1: COM AT A PT ON THE MARGIN OF TERRA CEIA BAY 35 YDS W OF SW COR OF US LOT 3IN SEC 35-33-17 FOR A POB; TH RUN W ALG THE MARGIN OF TERRA CEIA BAY 40 FT, M/L TO PT OF

Ownership

  • Current Owner : WENDY R LYON REVOCABLE TRUST
  • Current Owner 2: CRAIG W LYON REVOCABLE TRUST
  • Previous Owner : HARRISON FRANK E
  • Previous Owner 2: HARRISON JILL C
  • Owner Before Previous Owner: MAUGANS AILEEN B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001603

Zoning

  • Zoning: RSF-1

Geography

  • Assessors Map Reference: 4B
  • Parcel: 21297-0010-9
  • Lot: 3
  • Meridian: SEC 35 TWN 33S RNG 17E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5709
  • Longitude: -82.5772

    Address

  • Full Address: 500 Bayshore Dr
  • Address - House Number: 500
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Terra Ceia
  • Zip Code: 34250

Valuation

    Tax

  • Total Area: 2,145
  • Tax Year: 2022
  • Tax Amount: $9,235
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.4898
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 2
  • Final Value: 2,643,836
  • High Value: 3,938,856
  • Low Value: 1,348,815

    Market Valuation

  • Market Total Value: $2,295,991
  • Market Land Value: $607,331
  • Market Improvement Value: $1,688,660

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,295,991
  • Assessed Land Value: $607,331
  • Assessed Improvements Value: $1,688,660

    Sales

  • Current Sale Contract Date: Nov 08, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11899065576
  • Current Sale Price: $3,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 136814
  • Previous Sale Recording Date: Apr 21, 2005
  • Previous Sale Contract Date: Apr 18, 2005
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 21, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2035

About Terra Ceia



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Nearby Rentals

Unit for rent at 4108 4th Avenue W, PALMETTO, FL, 34221

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,694 ft²
4108 4th Avenue W, PALMETTO, FL, 34221 Listing by Jennifer Flores, PLLC

Frequently Asked Questions

What neighborhood is 500 Bayshore Drive located in?
The 500 Bayshore Drive is a located in the neighborhood of Terra Ceia in Terra Ceia, Ellenton.
What is the average sales price for listings in 500 Bayshore Drive?
The average sales price for units in 500 Bayshore Drive is $0 currently.

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