NOT LISTED FOR SALE

1640 Harbor Cay Ln Longboat Key, FL 34228

Estimated Value: $2,498,000 - $4,251,000

3 Beds
5 Baths
3,332 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $1,625,000 $488 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $20,017/month

434 Days on Market

Highlights

  • 194 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Boat Slip Deeded

About This Home

As of May 2019

A PRIVATE WATERFRONT OASIS offers open & tranquil bayou & bay views. Unwind with your guests in the spacious lanai with oversized heated pool & spa. Your solitude will only be interrupted by an occasional visitation from a passing manatee. Slip away from your private dock for a boating adventure on Bay/Gulf or catch dinner from your 194' seawall. Remember there is deeded access to private beach on the Gulf. 18" porcelain tile underlay the great room, the updated chef's kitchen & high traffic areas. There are three generous bedrooms (split plan) with plans for a fourth. All bathrooms are updated. Open the numerous sliders for wonderful cross breezes and enchanting views. Custom wood touches make this home very warm and welcoming. St Armands Circle is 3 miles away while Longboat Key Club membership affords you golf, tennis, social activities and more...to round out your Florida lifestyle.

Last Agent to Sell the Property

Judy Beck

MICHAEL SAUNDERS & COMPANY License #0574086 Listed on: 01/29/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Michael Moulton

MICHAEL SAUNDERS & COMPANY License #0389959

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,550

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • 194 Feet of Waterfront
  • Property fronts a bayou
  • Private Beach
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $347 Monthly HOA Fees

Parking

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

Property Views

  • White Water Ocean
  • Intracoastal
  • Bayou

Home Design

  • Custom Home
  • Elevated Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Siding
  • Stucco

Interior Spaces

  • 3,332 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Engineered Wood
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Access To Bayou
  • Deeded access to the beach
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Davits
  • Boat Slip Deeded
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, private road, security
  • Bay Isles Assoc At 941 921 3221 Association
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,550

Year Built

Built in 1978

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 3332
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 4712
  • Lot Size Sq Ft: 17875
  • Directions to Property: Gulf of Mexico Drive 2 miles after south bridge, turn right to guard at south entrance of Bay Isles, immediate right, then 2nd left into Harbor Cay, left at the "T".
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208328&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4208328&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95589
  • Price per Sq Ft: 487.7
  • Close to Original List Price Ratio: 0.6785
  • Ratio: Current Price\Building Area Total: 344.86
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Purifier Owned, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1640
  • Room Count: 8
  • Additional Rooms: Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Full, Bayou, Intracoastal Waterway
  • Water Access: Bay/Harbor, Bayou, Beach - Access Deeded, Beach - Private, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Davits, Dock - Slip Deeded On-Site
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 194
  • Water Frontage Feet Bayou: 194
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Gas
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community, Water Access
  • Association Fee: 4167
  • Association Fee Frequency: Annually
  • Association Name: Bay Isles Assoc at 941-921-3221
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4167
  • Monthly HOA Fee: 347.25
  • Total Monthly Fees: 347.25

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0008100004
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, In County, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Application & fee required.
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One year minimum lease.

Tax Info

  • Tax Annual Amount: 18550
  • Tax Book Number: 23-35
  • Tax Lot: 22

Multi Family

  • Waterfront Features: Bayou

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 17, 2019
Sold by
Cambria George and Cambria Nancy M
Bought by
Gault Robert Kruger and Bolser Shannon
Seller's Agent
Judy Beck
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
List Price
$1,699,990
Sold Price
$1,625,000
Premium/Discount to List
-$74,990
-4.41%
Current Estimated Value
$3,437,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,812,799
Avg. Annual Appreciation
12.44%
Original Mortgage
$1,462,500
Outstanding Balance
$1,283,746
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,154,053

Purchase Details

Closed on
Apr 16, 2010
Sold by
Cambria George R and Cambria Nancy M
Bought by
Cambria George and Cambria Nancy M

Purchase Details

Closed on
Feb 2, 2004
Sold by
Frei Frederick E and Frei Eugenia
Bought by
Cambria George R and Cambria Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.77%

Purchase Details

Closed on
May 29, 1997
Sold by
Schoenherr R Lee and Schoenherr Joan C
Bought by
Frei Frederick E and Frei Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

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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
Gault Robert Kruger $1,625,000 Attorney
Cambria George -- Attorney
Cambria George R $1,585,000 --
Frei Frederick E $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gault Robert Kruger $1,462,500
Previous Owner Cambria George R $350,000
Previous Owner Frei Frederick E $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2019 05/17/19 Sold $1,625,000 -4.4% $488 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $1,699,990 0.0% $510 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $1,699,990 -5.6% $510 / Sq Ft
12/26/2018 12/26/18 Price Changed $1,799,999 -4.0% $540 / Sq Ft
11/20/2018 11/20/18 Price Changed $1,875,000 -3.8% $563 / Sq Ft
09/12/2018 09/12/18 Price Changed $1,950,000 -9.3% $585 / Sq Ft
05/14/2018 05/14/18 Price Changed $2,150,000 -3.4% $645 / Sq Ft
03/19/2018 03/19/18 Price Changed $2,225,000 -7.1% $668 / Sq Ft
01/29/2018 01/29/18 For Sale $2,395,000 -- $719 / 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 $16,467 $1,315,538 -- --
2023 $16,467 $1,277,221 $0 $0
2022 $16,169 $1,238,952 $0 $0
2021 $16,415 $1,200,924 $0 $0
2020 $13,180 $947,361 $0 $0
2019 $18,853 $1,358,996 $0 $0
2018 $18,551 $1,333,657 $0 $0
2017 $18,391 $1,306,226 $0 $0
2016 $18,339 $2,247,300 $1,559,700 $687,600
2015 $18,490 $2,137,800 $1,544,900 $592,900
2014 $18,482 $1,241,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4208328

Stellar MLS

APN: 0008-10-0004