NOT LISTED FOR SALE

250 Sands Point Rd Unit 5306 Longboat Key, FL 34228

Estimated Value: $515,946

1 Bed
1 Bath
640 Sq Ft
$658/mo HOA Fee

Last Sold September 28, 2012

Last sale price $231,000 $361 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,052/month

500 Days on Market

Highlights

  • Private Beach
  • Water Access
  • Golf Course View
  • Southside Elementary School Rated A
  • Heated Indoor Pool
  • Furnished

About This Home

As of September 2012

Newly renovated 3rd floor unit overlooking the Golf course.Peaceful and quiet setting with full beach access ,excellent rental income.Great opportunity to own in a 4 star resort.Gross rental income for 2011 was $42,862.00 !!!!!! This unit is on the 3rd floor. PRICED REDUCED , Best buy on the Gulfside. This is a must see , with great amenities an excellent income producing investment !! AAA Four Diamond Resort rating with Tennis , Golf ,Marina ,Excellent dining plus a great beach !

Last Agent to Sell the Property

Tom Cinquegrano

MICHAEL SAUNDERS & COMPANY License #0323798 Listed on: 04/19/2011

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Saint Cacchiotti

License #0443138

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,702

Year Built

  • Built in 1982

Lot Details

  • Private Beach
  • Zero Lot Line

HOA Fees

  • $658 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 640 Sq Ft Home
  • Furnished
  • Crown Molding
  • Thermal Windows
  • Blinds
  • Storage Room
  • Golf Course Views
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer

Home Security

Pool

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

Outdoor Features

  • Water Access
  • Balcony

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, manager, private road, security, sewer, trash, water
  • Lighthouse Mgt. Association
  • Inn On The Beach Community
  • Inn On The Beach Ph Ii Subdivision
  • The community has rules related to deed restrictions, fencing
  • 5-Story Property

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,702

Year Built

Built in 1982

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Manager, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 640
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 640
  • Directions to Property: Take Gulf of Mexico Drive and then enter the Longboat Key Club and drive to the Inn on the Beach reception area.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3942416&cview=true&show_results=true&customer_portal=true O5043954
  • Down Payment Resource URL 2: Y,http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5043954&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7711
  • Ratio: Close Price\List Price: 0.96693
  • Price per Sq Ft: 360.94
  • Close to Original List Price Ratio: 0.8888
  • Ratio: Current Price\Building Area Total: 360.94
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Crown Molding, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Street Number Modifier: 250
  • Room Count: 4
  • Additional Rooms: Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, Indoor, Salt Water, Vinyl
  • Exterior Features: Balcony
  • Roof: Membrane
  • Pool Private: Yes
  • View: Golf Course
  • Waterfront: No
  • Water Access: Beach - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: None
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions
  • Association Amenities: Fence Restrictions
  • Association Fee: 1975
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mgt.
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 7900
  • Total Monthly Fees: 658.33

Lot Info

  • Zoning: GPD
  • Parcel Number: 0013042056
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 14.85
  • Future Land Use: 3904
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Expected Lease Date: 2012-09-28T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2702
  • Tax Book Number: 0019/0025
  • Tax Lot: 5306

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2011
Closed on
Sep 28, 2012
Sold by
Cinquegrano Thomas P and Cinquegrano Marilyn J
Bought by
Ott Jared M
Seller's Agent
Tom Cinquegrano
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Saint Cacchiotti
List Price
$231,000
Sold Price
$231,000
Current Estimated Value
$515,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,946
Avg. Annual Appreciation
8.91%
Original Mortgage
$160,000
Outstanding Balance
$119,443
Interest Rate
4.87%
Mortgage Type
Commercial
Estimated Equity
$573,087
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
Ott Jared M $231,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Jared M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2012 09/28/12 Sold $231,000 0.0% $361 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
04/19/2011 04/19/11 For Sale $231,000 -- $361 / 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 $3,191 $183,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Cinquegrano

    Seller's Agent in 2012

    Tom Cinquegrano

    Michael Saunders

    (941) 284-5049

    9 in this area

    77 Total Sales

    Section Image

  • S

    Buyer's Agent in 2012

    Saint Cacchiotti

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A3942416

Stellar MLS

APN: 0013-04-2056

Florida Sarasota County Longboat Key 34228

250 Sands Point Rd Unit 5306, Longboat Key, FL

This home is located at 250 Sands Point Rd Unit 5306, Longboat Key, FL 34228 since 19 April 2011 and is currently estimated at $515,946, approximately $806 per square foot. This property was built in 1982. 250 Sands Point Rd Unit 5306 is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes