NOT LISTED FOR SALE

250 Sands Point Rd Unit 5302 Longboat Key, FL 34228

Estimated Value: $636,217

1 Bed
1 Bath
640 Sq Ft
$675/mo HOA Fee

Last Sold February 25, 2013

Last sale price $222,000 $347 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,579/month

14 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Golf Course Community
  • Saltwater Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Full Bay or Harbor Views

About This Home

As of February 2013

Active with Contract. Great golf course views from this renovated 3rd floor Club Suite. This unit is currently in the hotel program. This island retreat is located in an exclusive, gated and private club located just off the mainland of Sarasota, Florida. This extraordinary resort is a condominium-hotel offering buyers attractive rental opportunities. The property has received the AAAFour-Diamond rating and offers a multitude of ways to enjoy your leisure time. The purchase of a condominium unit entitles you to participate in the Ownership Rental Program. Longboat Key Club and Resort pampers members and guests with fine dining, 45 holes of golf, tennis, spa/wellness center, full service marina and friendly staff to make your vacation a memorable one. This unit coudl be in or out of the rental program. Call lister for details.

Last Agent to Sell the Property

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979 Listed on: 01/02/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Jay Quigley

QUIGLEY REALTY License #0128948

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1982

Lot Details

  • 1,200 Feet of Waterfront
  • Property fronts gulf or ocean
  • South Facing Home

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • Full Bay or Harbor
  • Golf Course

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Saltwater Pool
  • Spa

Outdoor Features

  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • 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, manager, sewer, trash, water
  • Lighthouse Management Association
  • Mid-Rise Condominium
  • Inn On The Beach Condos
  • Inn On The Beach Community
  • Inn On The Beach Ph II Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,537

Year Built

Built in 1982

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 640
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 640
  • Directions to Property: Take GMD, left onLongboat Key Club Road to The Resort
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970903&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3970903&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7711
  • Property Description: Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.94108
  • Price per Sq Ft: 346.88
  • Close to Original List Price Ratio: 0.94108
  • Ratio: Current Price\Building Area Total: 346.88
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 250
  • Room Count: 4
  • Additional Rooms: Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Salt Water
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 1200

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Lighthouse Management
  • Association: No
  • Security: Gated Community, Smoke Detector(s)
  • Condo Fees: 2026
  • Condo Fees Term: Quarterly
  • Complex Community Name NCCB: Inn On The Beach
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 8104
  • Total Monthly Fees: 675.33

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042052
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line, FloodZone, City Lot, Near Public Transit
  • Millage Rate: 14.67
  • 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
  • Expected Lease Date: 2013-02-25T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 2537
  • Tax Book Number: 0019/0025
  • Tax Lot: 5302

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Feb 25, 2013
Sold by
Coddington James D and Harris Carol H
Bought by
A Luck E Gator Holdings Llc
Seller's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jay Quigley
QUIGLEY REALTY
List Price
$235,900
Sold Price
$222,000
Premium/Discount to List
-$13,900
-5.89%
Current Estimated Value
$636,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,217
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Dec 4, 2009
Sold by
Parks Douglas E
Bought by
Coddington James D and Harris Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Steenbakkers Hubert J
Bought by
Parks Douglas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 5, 2002
Sold by
Day Kenneth J and Day Susan
Bought by
Steenbakkers Hubert J

Purchase Details

Closed on
Nov 10, 2000
Sold by
Day Susan and Riess Susan A
Bought by
Day Kenneth J and Day Susan

Purchase Details

Closed on
Feb 19, 1999
Sold by
Fischer Agnes D
Bought by
Riess Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,250
Interest Rate
6.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
A Luck E Gator Holdings Llc $222,000 Attorney
Coddington James D $203,000 Stewart Title Company
Parks Douglas E $239,000 --
Steenbakkers Hubert J $177,000 --
Day Kenneth J $65,700 --
Riess Susan A $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coddington James D $152,250
Previous Owner Parks Douglas E $275,000
Previous Owner Parks Douglas E $20,000
Previous Owner Parks Douglas E $191,200
Previous Owner Riess Susan A $133,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2013 02/25/13 Sold $222,000 -5.9% $347 / Sq Ft
01/17/2013 01/17/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $235,900 -- $369 / 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 $6,523 $420,862 -- --
2023 $6,523 $554,400 $0 $554,400
2022 $5,541 $424,600 $0 $424,600
2021 $5,963 $480,600 $0 $480,600
2020 $3,859 $241,000 $0 $241,000
2019 $3,914 $251,000 $0 $251,000
2018 $3,675 $233,000 $0 $233,000
2017 $3,781 $241,000 $0 $241,000
2016 $3,656 $228,000 $0 $228,000
2015 $3,342 $214,000 $0 $214,000
2014 $3,212 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3970903

Stellar MLS

APN: 0013-04-2052