NOT LISTED FOR SALE

225 Sands Point Rd Unit 7106 Longboat Key, FL 34228

Estimated Value: $347,422

1 Bed
1 Bath
642 Sq Ft
$657/mo HOA Fee

Last Sold July 30, 2013

Last sale price $260,000 $405 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,169/month

237 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Beach Access
  • Gated Community
  • Southside Elementary School Rated A
  • Saltwater Pool
  • Lagoon View

About This Home

As of July 2013

Don't miss this "best buy" located in the Resort at Longboat Key Club, an all-inclusive AAA 4 Diamond Resort on the southern-most tip of Longboat Key. This beautifully appointed Club Suite with serene lagoon views offers high ceilings and beautiful appointments from a second level corner location with an oversized wrap-around terrace. With easy access to all amenities, this is a perfect beach get-away for your personal use or as an investment property. This unit is in the Resort rental program with a 2012 GROSS rental income of $46,000.

Last Agent to Sell the Property

Sharon Freeman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-388-4447 License #0666354 Listed on: 10/05/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Richard Perlman

MICHAEL SAUNDERS & COMPANY License #0634863

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1983

Lot Details

  • 1,200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • Mature Landscaping
  • Landscaped with Trees
  • Zero Lot Line

HOA Fees

  • $657 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Elevated Home
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 642 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Inside Utility
  • Lagoon Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Open Parking

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Beach Access
  • Water Access
  • Balcony

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • 1 to 7-Day Minimum Lease Term
  • Tax Lot 7106
  • Assessor Parcel Number 0013043023

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, maintenance structure, ground maintenance, maintenance, management, pest control, sewer, trash, water
  • Inn On The Beach Community
  • Inn On The Beach Ph Iii Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,051

Year Built

Built in 1983

Lot Details

0

HOA Fees

$657 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Architectural Style: Elevated
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 642
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 642
  • Directions to Property: West on Longboat Club Rd., thru gate, left on Sands Point Rd, bldg on your left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 2
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 404.98
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-388-4447
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: High Ceilings, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 225
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 59.64
  • Room Count: 4

Exterior Features

  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available
  • Water Access: Beach
  • Water Extras YN: 0
  • Water View: Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 1200

Garage/Parking

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

Utilities

  • Utilities: Private
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Gated, Maintenance, Tennis Court(s)
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: None
  • Condo Fees: 1970

Fee Information

  • Total Annual Fees: 7880.00
  • Total Monthly Fees: 656.67

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013043023
  • Additional Parcels: No
  • Lot Features: FloodZone, Zero Lot Line
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 3904

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2013-07-30T00:00:00.000

Tax Info

  • Tax Annual Amount: 3051
  • Tax Book Number: 0021/0007
  • Tax Lot: 7106

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Aug 2, 2013
Sold by
Phillips Suzanne M
Bought by
Phillips Mark R and Phillips Suzanne M
Seller's Agent
Sharon Freeman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$347,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,422

Purchase Details

Listed on
Oct 5, 2012
Closed on
Jul 30, 2013
Sold by
Gehrman Rudy Allan
Bought by
Phillips Suzanne M
Seller's Agent
Sharon Freeman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Richard Perlman
MICHAEL SAUNDERS & COMPANY
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Purchase Details

Closed on
Aug 24, 2004
Sold by
Dickenson Mollie M
Bought by
Pujolas Patrick R and Pujolas Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.37%
Mortgage Type
Commercial
Source: Public Records

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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
Phillips Mark R -- Attorney
Phillips Suzanne M $130,000 Attorney
Phillips Suzanne M $130,000 Attorney
Pujolas Patrick R $281,000 Msc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pujolas Patrick R $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $260,000 -3.7% $405 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $269,900 -- $420 / 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 $6,910 $406,221 -- --
2023 $6,910 $633,000 $0 $633,000
2022 $5,828 $484,800 $0 $484,800
2021 $6,013 $500,900 $0 $500,900
2020 $3,680 $229,000 $0 $229,000
2019 $3,740 $239,000 $0 $239,000
2018 $3,631 $230,000 $0 $230,000
2017 $3,736 $238,000 $0 $238,000
2016 $3,545 $225,000 $0 $225,000
2015 $3,184 $211,000 $0 $211,000
2014 $2,819 $174,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3966872

Stellar MLS

APN: 0013-04-3023