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505 Key Royale Drive

505 Key Royale Drive, Bradenton Beach, FL 34217
Property in Holmes Beach
Sold May 08, 1998
$235,000
$188,000 by 1st Fed Sav & Loan Assn Of Fl
Mortgage
505 Key Royale Drive has been categorized by the local assessors in Bradenton Beach, FL as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1989. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 505 Key Royale Drive has 2,614 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 450 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,030 ft and across the front of the lot is 1,090 ft. The area measurement of the land has been determined as 11,225 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 584 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 505 Key Royale Drive sold most recently in May 5, 1998 for a total of $235,000. If you work out the math, that's approximately a cost of $64.31 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,617 in taxes each year. 505 Key Royale Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,356,842. If we break it down further, the land itself was valued at $680,000. Improvements to the property, however, were assessed at a total of $676,842. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 450
  • Garage Type: Attached
  • Garage Square Area: 584
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,225
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 3,654
  • Gross Building Area: 3,654
  • Building Area: 2,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,614
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY ROYALE 1ST ADDITION
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20, KEY ROYALE FIRST ADD; TOGETHER WITH THAT PART OF LOT 15 BLK 6 HOLMES BEACH 17TH UNIT DESC AS, BEG AT NE COR OF SD LOT 15; TH SELY ALG W LN OF LOT 20 A DIST OF 108.74 FT; TH

Ownership

  • Current Owner : WOMBLE GEORGE A
  • Current Owner 2: WOMBLE JOSEPHINE E
  • Previous Owner : MINTON ROY
  • Previous Owner 2: MINTON MARY K
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001801

Zoning

  • Zoning: HB_R-1

Geography

  • Assessors Map Reference: 12B
  • Subdivision Tract Number: 07260800
  • Parcel: 72630-0000-7
  • Block: 6
  • Lot: 20
  • Meridian: SEC 20 TWN 34S RNG 16E
  • Municipality: HOLMES BEACH
  • Latitude: 27.5144
  • Longitude: -82.7178

    Address

  • Full Address: 505 Key Royale Dr
  • Address - House Number: 505
  • Address - Street Name: Key Royale
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Holmes Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1227
  • Zip Code: 34217

Valuation

    Tax

  • Total Area: 1,642
  • Tax Year: 2022
  • Tax Amount: $15,617
  • Tax Rate Code Area: 24

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 1,701,634
  • High Value: 2,049,682
  • Low Value: 1,353,585

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,000
  • First Open Lien Mortgage Lender: 1ST FED SAV & LOAN ASSN OF FL
  • First Open Lien Mortgage Recording Date: May 08, 1998
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $1,356,842
  • Market Land Value: $680,000
  • Market Improvement Value: $676,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,356,842
  • Assessed Land Value: $680,000
  • Assessed Improvements Value: $676,842

    Sales

  • Current Sale Contract Date: May 05, 1998
  • Current Sale Recording Date: May 08, 1998
  • Current Sale Transaction ID: 1146878225
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST FED SAV & LOAN ASSN OF FL
  • First Mortgage Transaction Date: May 08, 1998
  • First Mortgage Loan Amount: $188,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Holmes Beach



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Frequently Asked Questions

What neighborhood is 505 Key Royale Drive located in?
The 505 Key Royale Drive is a located in the neighborhood of Holmes Beach in Holmes Beach, Bradenton Beach.
What is the average sales price for listings in 505 Key Royale Drive?
The average sales price for units in 505 Key Royale Drive is $0 currently.

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