NOT LISTED FOR SALE

3281 Bayou Sound Longboat Key, FL 34228

Estimated Value: $1,902,000 - $1,960,000

3 Beds
3.5 Baths
3,407 Sq Ft
$570/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $1,250,000 $367 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $11,298/month

14 Days on Market

Highlights

  • 133 Feet of Waterfront
  • Golf Course Community
  • Boat Lift
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean To Bay
  • Screened Pool

About This Home

As of August 2020

Waterfront living in the resort community of the world renown Longboat Key Club. Now you too can live the vacation lifestyle you always dreamed of. The 80’ deep water dock with lift, power & water will accommodate an assortment of water toys. The waterway is only minutes to the open bay and ICW with no bridges and is also perfect for kayaking and paddle boarding while taking in all the wildlife that frequents it. Surrounded by lush landscaping with a southwestern exposure the home has privacy and still bright and sunny all day. A strip of mangroves along the waterway keeps the home protected and is in the process of being trimmed to open full water views of Cranes Bayou and Buttonwood Harbor. With high ceilings throughout, the home feels spacious in size with an open living room, formal dining room, large kitchen and an adjacent den. The 3 bedrooms each have a private bath and are appointed with plenty of closet space. The master suite on the 2nd level features a spacious bath and 2 large closets. French glass doors stretch across the back of the home and opens on to a large caged deck overlooking a 50’ heated pool with spa and outdoor entertaining area. It offers the perfect atmosphere for watching the amazing sunsets at the end of the day. Various memberships are available to the Longboat Key Club with 45 holes of golf, Har-Tru lighted tennis courts, spa, state of the art fitness center and 4 restaurants. Included in your home ownership is a membership to the exclusive Bay Isles Beach Club located direct on the azure waters of the Gulf of Mexico. Overall, you could not ask for a more perfect location close to the world-famous St Armands Circle known for its shopping and dining and then across the bridge to the city of Sarasota and all its cultural amenities. Just outside the resort gates you will find a grocery, pharmacy, banks, post office, and town hall.

Last Agent to Sell the Property

Linda Weber

COLDWELL BANKER REALTY License #0590601 Listed on: 06/26/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Drew Henner

PREMIER SOTHEBY'S INTL. REALTY License #3379394

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,847

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • 133 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a private road
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Bi-Level Home
  • Stem Wall Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,407 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shutters
  • French Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility
  • Carpet
  • Canal Views
  • Fire and Smoke Detector
  • Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Auto Pool Cleaner

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Davits
  • Rip-Rap
  • Boat Lift
  • Dock made with Composite Material
  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, escrow reserves fund, private road, security
  • $132 Other Monthly Fees
  • David Novak Association
  • Visit Association Website
  • Bay Isles Community
  • Bay Isles Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,847

Year Built

Built in 1987

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Escrow Reserves Fund, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 3407
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1987
  • Lot Size Sq Ft: 14820
  • Directions to Property: Gulf of Mexico Dr to traffic light at Bay Isles Parkway, thru gate, 1st left, thru 2nd gate 1st left into Bayou, home on left about 1/4 mile.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4470693?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4470693?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 1589
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96228
  • Price per Sq Ft: 366.89
  • Close to Original List Price Ratio: 0.96228
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Basement, Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Shutters, Window Treatments
  • Street Number Modifier: 3281
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: North
  • Pool Features: Auto Cleaner, Heated, In Ground, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Irrigation System, Sidewalk, Storage
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Bay Isles Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Screened, Wrap Around
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Davits, Dock - Composite, Dock w/Electric, Lift, Riprap, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0107F
  • Waterfront Frontage: 133
  • Additional Water Information: Deep water 5' association maintained
  • Water Frontage Feet Canal Salt: 133
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Gated Community, Golf Carts OK, Golf, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Gated, Security
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: David Novak
  • Phone: 306-1118
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Website: www.livingbayou.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2389
  • Monthly HOA Fee: 66.67
  • Total Monthly Fees: 199.08

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0005010009
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 4 Months
  • Approval Process: Application to HOA
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application must be approved prior to occupancy

Tax Info

  • Tax Annual Amount: 14847
  • Tax Block: A
  • Tax Book Number: 24-5
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 31, 2020
Sold by
Thompson Leslie V and L V Thompson Revocable Trust
Bought by
Fusselman John K and Fusselman Denise A
Seller's Agent
Linda Weber
COLDWELL BANKER REALTY
Buyer's Agent
Drew Henner
PREMIER SOTHEBY'S INTL. REALTY
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%
Current Estimated Value
$1,940,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,332
Avg. Annual Appreciation
8.93%
Original Mortgage
$510,400
Outstanding Balance
$453,778
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,486,554

Purchase Details

Closed on
Jun 7, 2005
Sold by
Tracy James F and Tracy Lynda P
Bought by
Thompson Leslie and L V Thompson Revocable Trust

Purchase Details

Closed on
Apr 23, 2002
Sold by
Weigel Raymond J
Bought by
Tracy James F and Tracy Lynda P

Purchase Details

Closed on
Nov 7, 1997
Sold by
Gettel James C
Bought by
Weigel Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.31%

Purchase Details

Closed on
Jun 8, 1994
Sold by
Pentel Irwin and Pentel Marilyn
Bought by
Gettel James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Fusselman John K $1,250,000 Attorney
Thompson Leslie $1,500,000 --
Tracy James F $1,049,000 --
Weigel Raymond J $750,000 --
Gettel James C $628,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fusselman John K $510,400
Previous Owner Weigel Raymond J $500,000
Previous Owner Gettel James C $502,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $1,250,000 -3.8% $367 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $1,299,000 0.0% $381 / Sq Ft
08/17/2018 08/17/18 Off Market $4,500 -- --
06/15/2017 06/15/17 Rented $4,500 -10.0% --
05/16/2017 05/16/17 Under Contract -- -- --
02/20/2017 02/20/17 For Rent $5,000 -- --
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 $11,686 $959,964 -- --
2023 $11,686 $932,004 $0 $0
2022 $11,478 $904,858 $0 $0
2021 $10,746 $811,901 $0 $0
2020 $14,828 $1,044,600 $667,300 $377,300
2019 $14,847 $1,055,500 $667,300 $388,200
2018 $16,078 $1,139,600 $734,100 $405,500
2017 $16,214 $1,119,008 $0 $0
2016 $15,638 $1,121,700 $659,300 $462,400
2015 $13,863 $924,800 $544,100 $380,700
2014 $15,558 $929,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4470693

Stellar MLS

APN: 0005-01-0009