NOT LISTED FOR SALE

225 Sands Point Rd Unit 6204 Longboat Key, FL 34228

Estimated Value: $647,266

1 Bed
1.5 Baths
642 Sq Ft
$656/mo HOA Fee

Last Sold December 15, 2014

Last sale price $283,000 $441 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,707/month

393 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Private Beach
  • Lagoon View
  • Southside Elementary School Rated A
  • Heated Indoor Pool
  • 1.75 Acre Lot

About This Home

As of December 2014

Splendidly situated with long views of the lagoon/bay and beyond to the downtown Sarasota skyline, this perfectly updated Club Suite is in building six. It includes the priceless opportunity to watch dolphins, manatees and exotic birds enjoy a shelteredlocation coveted by wildlife photographers. This exclusive, gated club is a tropical sanctuary with private beach. Owners and guests enjoy a spa, fitness center, tennis, golf, marina, and an array of restaurants from casual to fine dining. Full conciergeservice and excellent staff assure memorable get-away experiences. Located just offshore from Sarasota, FL, the world renowned Resort at the Longboat Key Club is a condominium -- hotel offering lucrative rental possibilities. This unit is currentlyin the hotel rental program. The kitchen and bath were refreshed in 2004. Carpet and furniture updated in 2007/2008. Windows and sliders updated in 2009, new refrigerator in 2013. Gross Income 2012 $46,255.50, Gross Income 2013 $50,875. New refrigerator has been deducted from the income for October.

Last Agent to Sell the Property

Terri Derr

MICHAEL SAUNDERS & COMPANY License #0197961 Listed on: 10/14/2013

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Rita Holbrook

MICHAEL SAUNDERS & COMPANY License #3243166

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1983

Lot Details

  • 1,200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Private Beach
  • Southwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $656 Monthly HOA Fees

Home Design

  • Stem Wall Foundation
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 642 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Furnished
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Lagoon Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Breezeway

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph III Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,850

Year Built

Built in 1983

Lot Details

0

HOA Fees

$656 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 642
  • Lot Size Acres: 1.75
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Lot Size Sq Ft: 76162
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985969&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3985969&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7762
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.86018
  • Price per Sq Ft: 440.81
  • Close to Original List Price Ratio: 0.81089
  • Ratio: Current Price\Building Area Total: 440.81
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall, Stilt/On Piling
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Room Count: 4
  • Additional Rooms: Breezeway, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Heated, Indoor, Salt Water, Vinyl
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Lagoon
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 1200
  • Disclosures: Condominium Disclosure Available, Other, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 656
  • Condo Fees Term: Monthly
  • Complex Community Name NCCB: INN ON THE BEACH
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 7872
  • Total Monthly Fees: 656

Schools

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

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043010
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 15
  • Future Land Use: 3904
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1-7 Days
  • Num Timesper Year: 365

Tax Info

  • Tax Annual Amount: 2850
  • Tax Book Number: 0021/0007
  • Tax Lot: 6204

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 15, 2014
Sold by
Lister Jennifer G and Strull Robert J G
Bought by
Bal Rajeev G and Revocabl Mari Miller Bal
Seller's Agent
Terri Derr
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$349,000
Sold Price
$283,000
Premium/Discount to List
-$66,000
-18.91%
Current Estimated Value
$647,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,266
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Oct 19, 2009
Sold by
Ackermann William C and Ackermann Coletta P
Bought by
Lister Jennifer G and Trull Robert J G

Purchase Details

Closed on
Jul 7, 2005
Sold by
Ackermann William C and Ackermann Coletta
Bought by
Ackermann William C and Ackermann Coletta P

Purchase Details

Closed on
Oct 21, 2002
Sold by
Watts Marie Nordvik
Bought by
Ackermann William C and Ackermann Coletta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1998
Sold by
Watts Marie Nordvik and Raum Marie
Bought by
Watts Marie Nordvik
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bal Rajeev G $283,000 Attorney
Lister Jennifer G $335,000 Attorney
Ackermann William C -- --
Ackermann William C $198,000 --
Watts Marie Nordvik -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ackermann William C $148,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $283,000 -14.0% $441 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/15/2014 10/15/14 Price Changed $329,000 -1.5% $512 / Sq Ft
02/12/2014 02/12/14 Price Changed $334,000 -2.9% $520 / Sq Ft
01/08/2014 01/08/14 Price Changed $344,000 -1.4% $536 / Sq Ft
10/14/2013 10/14/13 For Sale $349,000 -- $544 / 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
2025 $7,791 $482,128 -- --
2024 $6,856 $438,298 -- --
2023 $6,856 $620,700 $0 $620,700
2022 $5,773 $475,400 $0 $475,400
2021 $5,992 $498,500 $0 $498,500
2020 $3,814 $251,000 $0 $251,000
2019 $3,880 $262,000 $0 $262,000
2018 $3,760 $252,000 $0 $252,000
2017 $3,871 $260,000 $0 $260,000
2016 $3,736 $246,000 $0 $246,000
2015 $3,592 $230,000 $0 $230,000
2014 $3,071 $190,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Derr

    Seller's Agent in 2014

    Terri Derr

    Michael Saunders

    (941) 356-6694

    6 in this area

    15 Total Sales

    Terri Derr
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Rita Holbrook

    Michael Saunders

    (941) 773-2788

    5 in this area

    11 Total Sales

    Rita Holbrook
    Section Image
  • Ian Addy, PA

    Buyer's Agent in 2014

    Ian Addy, PA

    Michael Saunders

    (941) 961-8850

    89 in this area

    112 Total Sales

    Ian Addy, PA
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3985969

Stellar MLS

APN: 0013-04-3010

Florida Sarasota County Longboat Key 34228

225 Sands Point Rd Unit 6204, Longboat Key, FL

Not Listed for Sale

Condos

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