NOT LISTED FOR SALE

Estimated Value: $2,008,518 - $2,865,000

3 Beds
2 Baths
1,670 Sq Ft
$1,508/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $1,450,000 $868 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $15,265/month

64 Days on Market

Highlights

  • 167 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Laurel Nokomis School Rated A-
  • Water access To Gulf or Ocean
  • Dock made with wood

About This Home

As of September 2017

Build Your Dream Home Alert. Investor Alert. This is a rare opportunity for gulf to bay property on Casey Key with good boating water and great value. Amenities include a cabana on the beach with frontage of approximately 77 feet, a boat dock with a precast concrete seawall on the bay with frontage of approximately 90 feet; a separate one car garage; one story bungalow. The home being sold in its “AS IS” condition. The value is for the land and location and amenities. Discover Casey Key, the 8 mile island with no deed restrictions, no high rise condominiums, with privacy and a unique community unlike any other in and around the Sarasota keys. This is a place to kick back, put your toes in the sand, enjoy boating from your private dock, and having the best of both worlds with both sunrises on the bay and sunsets on the gulf.

Last Listed By

Deborah Beacham

MICHAEL SAUNDERS & COMPANY License #3054769 Listed on: 03/22/2017

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,554

Year Built

  • Built in 1950

Lot Details

  • 0.44 Acre Lot
  • 167 Feet of Waterfront
  • 90 Feet of Bay Harbor Waterfront
  • 77 Feet of Ocean or Gulf Waterfront
  • Private Beach
  • Unincorporated Location
  • West Facing Home
  • Property is zoned RE2

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Bungalow
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,670 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Inside Utility
  • Fire and Smoke Detector
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Seawall
  • Boat Slip Deeded
  • Dock made with wood

Location

  • Flood Zone Lot

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include security
  • Casey Key Community
  • Casey Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0159320005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,554

Year Built

Built in 1950

Lot Details

0

HOA Fees

$23 per month

Parking

1

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 1670
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1670
  • Lot Size Sq Ft: 19261
  • Directions to Property: US 41 south to Albee Road, west to Casey Key, north approximately 2 miles to 2108 Casey Key Road, or US 41 south to Blackburn Point, west to Casey Key, south approximately 3 miles to 2108.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 868.26
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Split Bedroom
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 2108
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO & BAY
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Private,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site,Dock - Wood,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 167
  • Flood Zone Date: 2016-11-04T00:00:00.000
  • Flood Zone Panel: 12115C0238F
  • Water Frontage Feet Bay Harbor: 90
  • Water Frontage Feet Gulf Ocean: 77

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Monthly HOA Amount: 22.92

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RE2
  • Parcel Number: 0159320005
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Paved, Unincorporated
  • Flood Zone Code: VE
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 7554
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Sep 29, 2017
Sold by
Klauss J Richard and Klauss Martina
Bought by
Sun Fancher Stephen James and Sun Kim
Seller's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
List Price
$2,195,000
Sold Price
$1,450,000
Premium/Discount to List
-$745,000
-33.94%
Total Days on Market
64
Current Estimated Value
$2,518,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,880
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,000,000
Outstanding Balance
$830,890
Interest Rate
2.79%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,340,911

Purchase Details

Closed on
Nov 5, 1993
Sold by
Klauss Juergen Richard and Klauss Martina
Bought by
Klauss J Richard and Klauss Martina

Range of Values:

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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
Sun Fancher Stephen James $1,450,000 Attorney
Klauss J Richard -- --
Klauss Juergen Richard $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Fancher Stephen James $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Off Market $1,450,000 -- --
09/29/2017 09/29/17 Sold $1,450,000 -33.9% $868 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $2,195,000 -- $1,314 / 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 $15,322 $1,365,560 -- --
2023 $15,322 $1,325,786 $0 $0
2022 $15,132 $1,299,363 $0 $0
2021 $15,322 $1,261,517 $0 $0
2020 $15,439 $1,244,100 $1,105,900 $138,200
2019 $15,337 $1,242,900 $1,105,900 $137,000
2018 $19,318 $1,561,190 $0 $0
2017 $7,569 $607,909 $0 $0
2016 $7,554 $2,162,500 $2,015,700 $146,800
2015 $7,696 $1,856,400 $1,720,300 $136,100
2014 $7,669 $577,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4181595

Stellar MLS

APN: 0159-32-0005