NOT LISTED FOR SALE

1561 Harbor Cay Ln Longboat Key, FL 34228

Estimated Value: $2,935,000 - $3,848,000

4 Beds
4.5 Baths
3,467 Sq Ft
$936/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $1,295,000 $374 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $19,110/month

291 Days on Market

Highlights

  • 160 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Lift
  • Southside Elementary School Rated A
  • Deeded Boat Dock
  • Heated Indoor Pool

About This Home

As of May 2013

Truly a boater's dream, you will immediately fall in love with this 4 bedroom deep water-front residence, located in the Harbor Section, an exclusive community behind the secure gates of Longboat Key's Bay Isles. The unique two-story, open layout is perfect for entertaining while the location on a protected yacht basin and two docks will surely impress even the novice yachtsman. The expansive living room features cathedral vaulted ceiling with skylights, stone-enclosed gas fireplace, built-ins and a wallof glass sliders that open the room to the outdoor living area. The gourmet kitchen is inspiring with custom cabinets, tray ceiling, stainless steel appliances, breakfast nook and a bay window creating a light and bright space. The guest suite on the first level is wonderfully secluded and could be used as a private master suite. The second level comprises two ensuite bedrooms, including a spacious master suite. This distinctive space showcases wraparound water views with a wall of floor-to-ceiling glass and direct access to a private bayfront terrace overlooking the heated pool and deck. With two boat docks, ample seawall, located on a deep-water canal, this home's exterior is a definite bonus. One dock is equipped to hold up to a 65' yacht while thesecond dock, with a 10,000-lb lift, accommodates a 32' boat.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 06/04/2012

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,779

Year Built

  • Built in 1981

Lot Details

  • 0.36 Acre Lot
  • 160 Feet of Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Southwest Facing Home
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 3,467 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Inside Utility
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 0008160008

Community Details

Overview

  • Ken Kandafer 921 3221 Association
  • Bay Isles Community
  • Bay Isles Unit 1 Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,779

Year Built

Built in 1981

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 3467
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 5610
  • Lot Size Sq Ft: 15845
  • Directions to Property: North on Gulf of Mexico Dr. to right into South Bay Isles entrance. First right into the Harbor Section gate. Left on Harbor Cay Drive, veer right onto Harbor Cay Lane. Home on right
  • Status: Sold
  • Co List Office Mls Id: MFR231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037306
  • RATIO Current Price By Calculate: 373.52
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Primary Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1561
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 322.10
  • Room Count: 9

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay
  • Water Extras: Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Canal
  • Water View YN: 1
  • Waterfront Feet Total: 160

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Gated
  • Association Amenities: Gated, Security
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Association Name: KEN KANDAFER 921-3221
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2000.00
  • Total Monthly Fees: 166.67

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: PD
  • Parcel Number: 0008160008
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, FloodZone, Paved, Private
  • Homestead YN: 1
  • Zoning Compatible YN: 0
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-05-31T00:00:00.000

Tax Info

  • Tax Annual Amount: 14779
  • Tax Book Number: 0023/0035
  • Tax Lot: 33

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
May 31, 2013
Sold by
Briggs David B
Bought by
Mcleod James F and Kowalski Mary Ann
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$1,399,000
Sold Price
$1,295,000
Premium/Discount to List
-$104,000
-7.43%
Current Estimated Value
$3,246,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,951,733
Avg. Annual Appreciation
7.73%
Original Mortgage
$841,750
Outstanding Balance
$188,231
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,058,502

Purchase Details

Closed on
Jan 17, 2003
Sold by
Narvaez Christopher R and Narvaez Janet C
Bought by
Briggs David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.16%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Hulderman Robert E and Hulderman Lois C
Bought by
Narvaez Christopher R and Narvaez Janet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.13%

Purchase Details

Closed on
May 23, 1996
Sold by
Hulderman Robert E and Hulderman Lous C
Bought by
Mutter Richard C and Mutter Penelope A

Purchase Details

Closed on
Jul 1, 1993
Sold by
Hulderman Lois C and Hulderman Robert E
Bought by
Hulderman Robert E and Hulderman Lois C
Source: Public Records

Range of Values:

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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
Mcleod James F $1,295,000 Attorney
Briggs David B $1,625,000 --
Narvaez Christopher R $867,500 --
Mutter Richard C $112,500 --
Hulderman Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcleod James F $841,750
Previous Owner Hulderman Robert E $195,000
Previous Owner Briggs David B $1,125,000
Previous Owner Hulderman Robert E $350,000
Previous Owner Hulderman Robert E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $1,295,000 -7.4% $374 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
06/04/2012 06/04/12 For Sale $1,399,000 -- $404 / 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
2024 $19,944 $1,681,717 -- --
2023 $19,944 $1,548,762 $0 $0
2022 $19,602 $1,503,652 $0 $0
2021 $19,937 $1,459,856 $0 $0
2020 $20,095 $1,439,700 $785,900 $653,800
2019 $16,847 $1,183,900 $886,000 $297,900
2018 $18,012 $1,263,000 $1,021,200 $241,800
2017 $18,500 $1,276,400 $1,021,200 $255,200
2016 $22,844 $1,648,600 $1,134,600 $514,000
2015 $20,886 $1,464,200 $1,001,200 $463,000
2014 $18,090 $1,061,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3961276

Stellar MLS

APN: 0008-16-0008