NOT LISTED FOR SALE

Grand Bay 3080 Grand Bay Blvd Unit 542 Longboat Key, FL 34228

Estimated Value: $754,189 - $864,000

2 Beds
2 Baths
1,276 Sq Ft
$58/mo HOA Fee

Last Sold March 21, 2018

Last sale price $659,000 $516 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,245/month

16 Days on Market

Highlights

  • Lake Front
  • Private Beach
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Heated Indoor Pool

About This Home

As of March 2018

Value at Grand Bay! Want Sweeping Views, and a Complete Furnished Package with upgrades and Income? You found it! Custom tile floors and a wall of floor-to-ceiling glass greets you from this high floor residence. Bay, sunsets, and golf course views will delight you morning to night from every room. The split bedroom plan provides privacy with only three residence on each floor. Added value are two under-building parking spaces and membership in the private Bay Isles Beach Club. With a renter already in place you can enjoy the apartment over the Holidays and come back April 1st with $12,000 income that covers expenses. Grand Bay is a pet-friendly community located behind the gates of Bay Isles and offers excellent amenities including a clubhouse, social / game room, library, fitness room, tennis courts, heated swimming pool and spa and is perfectly located a short distance from Longboat Key Club, Saint Armands Circle and downtown Sarasota.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY License #0342109 Listed on: 01/02/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Julie Klick

MICHAEL SAUNDERS & COMPANY License #3103707

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1996

Lot Details

  • Private Beach
  • End Unit
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 542 / 5
  • Assessor Parcel Number 0004103020

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, recreational facilities, security, sewer, trash, water
  • Mid-Rise Condominium
  • Grand Bay Community
  • Grand Bay 5 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Spa

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,120

Year Built

Built in 1996

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1276
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1655
  • Status: Sold
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Property Description: End Unit, Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 516.46
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 398.19
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 4
  • Window Features: Blinds, Window Treatments
  • Room Count: 5
  • Additional Rooms: Foyer, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Indoor, Salt Water, Vinyl
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Lake
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0038F
  • Waterfront Frontage: 2
  • Water Frontage Feet Lake: 1
  • Water Frontage Feet Bay Harbor: 1

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Pool, Special Community Restrictions, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee: 694
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 3685
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1228
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 15434
  • Monthly HOA Fee: 57.83
  • Total Monthly Fees: 1286.17

Schools

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

Lot Info

  • Parcel Number: 0004103020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Approval required process takes minimum 30 days
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Approval required process takes minimum 30 days

Tax Info

  • Tax Annual Amount: 7120
  • Tax Block: 5
  • Tax Book Number: 31-24
  • Tax Lot: 542

Multi Family

  • Waterfront Features: Bay/Harbor, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 21, 2018
Sold by
Cain Richard C and Cain Janice R
Bought by
Hopping Laura and Hopping David R
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Julie Klick
MICHAEL SAUNDERS & COMPANY
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$828,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,547
Avg. Annual Appreciation
3.05%
Original Mortgage
$453,100
Outstanding Balance
$387,717
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$440,830

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 19, 2014
Sold by
Jn Starl Llc
Bought by
Richard C Cain & Janice R Cain Revocable and Cain Janice R
Seller's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$643,500
Sold Price
$598,000
Premium/Discount to List
-$45,500
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$478,400
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Stark Janice Marie
Bought by
Jn Stark Llc

Purchase Details

Closed on
Sep 15, 2004
Sold by
Welsh William I and Welsh Jo Anne S
Bought by
Stark Janice Marie

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bozzi Bruce and Fileski Adrienne
Bought by
Welsh William I and Welsh Jo Anne S

Purchase Details

Closed on
Jul 25, 1996
Sold by
Arvida Grand Bay Ltd Ptnr
Bought by
Bozzi Bruce and Pileski Adrienne
Source: Public Records

Range of Values:

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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
Hopping Laura $659,000 Attorney
Richard C Cain & Janice R Cain Revocable $598,000 Attorney
Jn Stark Llc -- Attorney
Stark Janice Marie $695,000 --
Welsh William I $425,000 --
Bozzi Bruce $322,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopping Laura $453,100
Previous Owner Richard C Cain & Janice R Cain Revocable $478,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Off Market $598,000 -- --
03/21/2018 03/21/18 Sold $659,000 0.0% $516 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $659,000 +10.2% $516 / Sq Ft
11/19/2014 11/19/14 Sold $598,000 -7.1% $436 / Sq Ft View Prior Sale
10/13/2014 10/13/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $643,500 -- $469 / 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 $9,371 $696,500 -- $696,500
2023 $9,371 $740,055 $0 $0
2022 $9,204 $718,500 $0 $718,500
2021 $7,714 $541,600 $0 $541,600
2020 $7,250 $497,100 $0 $497,100
2019 $6,830 $471,800 $0 $471,800
2018 $7,007 $483,000 $0 $483,000
2017 $7,120 $483,000 $0 $483,000
2016 $7,249 $483,000 $0 $483,000
2015 $7,074 $471,900 $0 $471,900
2014 $6,924 $446,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4204177

Stellar MLS

APN: 0004-10-3020