This property, at 245 Willow Ave. in the City of Anna Maria, closed after eight months under contract and a year-and-a-half listing time. Formerly the home of H. Patterson Fletcher, a Frank Lloyd Wright Fellow, the new buyer plans to keep it as-is.
Four bedrooms, three and a half baths, 2200 square feet under air, at the intersection of two deep, saltwater canals with unobstructed access to Tampa Bay and the Gulf of Mexico, this home featured scads of tidewater cypress, aquarium-corner windows, and state-of-the-art construction (from 1976) that still bests hurricane standards in Florida today.
Listed for $1,549,000 originally, reduced to $1,349,000, the selling price was $1,075,000. For more information, visit my website at www.calltheislanders.com/245willow.
Resort living, waterfront and second home specialist on Anna Maria Island, just south of Tampa Bay on Florida's West Coast. Florida native, active sailor and boater, top real estate sales producer.
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Congratulations on closing a home. I had my second one of the month today and it felt great to get to the closing table again.
8 months under contract seems unusually long. Any particular reason that you can disclose?
Joanne, Why did the closing take so long?
This home was the residence of an architect. He'd lived in it for more than 30 years. And he had a LOT of stuff. Also, he was moving to Wyoming! Bought half a mountaintop, now going survvalist (or something, lol). Since he still had an active practice, there were two times he could conveniently make the big move: 12-31-07 and 2-28-9-08. The latter time frame meshed with the buyer's own need to postpone closing until AFTER 12-31-07.
Of course, I was really worried whether or not the property would appraise, some eight months later, and -- SURPRISE1 -- it did, at $1,1 million. So everybody was happy, and, despite my fears of extended closing time, it turned into a nice savings account.
John