by RH Advisors

See Home Value
$1,150,000
House - Off Market

428 Spring AVENUE

ANNA MARIA, FL 34216
bedrooms
2 Beds
bathrooms
1 Bath
square feet
952 Sqft
$5,749
Est. Monthly
2.08%
Cap Rate

About This Property

LOCATION, LOCATION, LOCATION... Originally built in 1905, this beach bungalow is in one of the most prime locations on the North End of Anna Maria Island.  In the city of Anna Maria a block off the strip of restaurants and shoppes of Pine Ave, walking distance to the city pier, or the Gulf side beach to see nightly sunsets.  Perfect for a primary residence or a NIGHTLY vacation rental, you cannot beat this location!!!  With Solar panels, room for a POOL & bungalow charm, you don't want to miss this opportunity to own a piece of Anna Maria's history (originally built by & owned by George Bean!)  Call to view it today before it's gone!
Unit Size
952Ft²
Days on Market
82 days
Land Size
0.09 acres
Price per sqft
$1,208
Property Type
House
Property Taxes
$102
HOA Dues
-
Year Built
1905
Last updated: 14 days ago (Stellar MLS #A4582331)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold to Martha M Weaver, Memory Smith $1,150,000
Sold to Martha M Weaver, Memory Smith
Nov 16, 2023 In contract -
In contract
Sep 27, 2023 Relisted $1,150,000
Relisted
Sep 18, 2023 In contract -
In contract
Sep 15, 2023 Listed by SATO REAL ESTATE INC. $1,150,000
Listed by SATO REAL ESTATE INC.
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 302
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,900
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,302
  • Gross Building Area: 1,302
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 952
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANNA MARIA BEACH
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG AT THE SELY COR OF LOT 1, BLK 3 OF ANNA MARIA BEACH SUB, REC IN PB 1 P 216, BEING THE INTERSEC OF SPRING AVE & TARPON ST, THENCE RUN IN A NWLY DIREC ALG TARPON ST 74.5 FT, THENCE

Ownership

  • Current Owner : WEAVER MARTHA M
  • Current Owner 2: SMITH MEMORY
  • Previous Owner : PARKS WILLIAM L
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001802

Zoning

  • Zoning: AM_R-2

Geography

  • Assessors Map Reference: 11I
  • Subdivision Tract Number: 06999300
  • Parcel: 70049-0000-2
  • Block: 3
  • Lot: 1
  • Meridian: SEC 18 TWN 34S RNG 16E
  • Municipality: ANNA MARIA
  • Latitude: 27.5304
  • Longitude: -82.7328

    Address

  • Full Address: 428 Spring Ave
  • Address - House Number: 428
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Anna Maria
  • Zip Code: 34216

Valuation

    Tax

  • Total Area: 650
  • Tax Year: 2022
  • Tax Amount: $1,226
  • Tax Rate Code Area: 23

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 1,212,454
  • High Value: 1,442,702
  • Low Value: 982,206

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,190,000
  • First Open Lien Mortgage Lender: RAIN CITY CAP LLC
  • First Open Lien Mortgage Recording Date: Dec 08, 2023
  • First Open Lien Mortgage Loan Amount: $1,190,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 05, 2024

    Market Valuation

  • Market Total Value: $781,468
  • Market Land Value: $572,220
  • Market Improvement Value: $209,248

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,638

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Dec 08, 2023
  • Current Sale Transaction ID: 11918245133
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 129993

    Last Sale Mortgage

  • First Mortgage Lender: RAIN CITY CAP LLC
  • First Mortgage Transaction Date: Dec 08, 2023
  • First Mortgage Loan Amount: $1,190,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 05, 2024



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,223 ft²
$838/ft²
$1,025,000 Aug 23, 2023
$1,025,000 Oct 18, 2023
$475/mo
Multifamily
2 Beds
2 Baths
960 ft²
$938/ft²
$900,000 May 11, 2023
$900,000 Oct 27, 2023
$406/mo
House
2 Beds
2 Baths
1,590 ft²
$692/ft²
$1,100,000 Jul 6, 2023
$1,100,000 Sep 7, 2023
$550/mo
Condo
2 Beds
2 Baths
1,212 ft²
$949/ft²
$1,150,000 Jun 19, 2023
$1,150,000 Aug 28, 2023
$1,535/mo
House
3 Beds
2 Baths
1,710 ft²
$526/ft²
$900,000 Mar 8, 2023
$900,000 Sep 20, 2023
$386/mo
Townhouse
3 Beds
2 Baths
1,536 ft²
$579/ft²
$890,000 Jul 29, 2023
$890,000 Aug 15, 2023
$895/mo
House
2 Beds
2 Baths
707 ft²
$1,839/ft²
$1,300,000 Nov 17, 2023
-
$613/mo
House
2 Beds
2 Baths
1,258 ft²
$1,027/ft²
$1,292,000 Jul 15, 2023
-
$1,054/mo
House
2 Beds
2 Baths
1,574 ft²
$793/ft²
$1,247,500 Nov 1, 2023
-
$419/mo
House
2 Beds
2 Baths
1,532 ft²
$780/ft²
$1,195,000 May 22, 2023
-
$549/mo
Multifamily
2 Beds
3 Baths
1,196 ft²
$903/ft²
$1,079,900 Aug 3, 2023
-
$739/mo
Multifamily
2 Beds
2.5 Baths
1,196 ft²
$903/ft²
$1,079,900 Jul 12, 2023
-
$739/mo

About Anna Maria


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Frequently Asked Questions

When was property at 428 Spring Avenue built and last sold?
The property at 428 Spring Avenue was built in 1905 and last sold on Nov 21, 2023 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 428 Spring Avenue is $1,168,791.
What are some comparable homes to 428 Spring Avenue?
Homes that are comparable to 428 Spring Avenue include a house property at 118 Palmetto Avenue, 890 North Shore Drive, 8310 Marina Drive.

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