3550 Fair Oaks Ln Longboat Key, FL 34228
4
Beds
4.5
Baths
4,527
Sq Ft
0.26
Acres
Highlights
- 85 Feet of Waterfront
- White Water Ocean Views
- Heated In Ground Pool
- Southside Elementary School Rated A
- Water access To Gulf or Ocean To Bay
- Fishing
About This Home
As of October 2022BAYFRONT HOME THAT HAS IT ALL!!! Located behind the gates of the Longboat Key Club on the Bay Isles Waterway with a protected deep water dock and bay views offering privacy and serenity. . Built with the highest quality of materials throughout plus a new roof Apr 2022 and several updates made throughout the years, the home is ready for you to move right in. Delight in the open 2 story floor plan with high ceilings and windows galore, 4 bedroom suites including a guest suite with kitchenette, library/den, formal dining room, living room, exercise or hobby room, bonus room, and an expansive kitchen/ family/ breakfast room. The home is equipped with natural gas used to efficently heat the pool, water, & appliances. There is an internal vacuum system, water filtration system, in-wall pest control system, Pentair remote pool system, instant hot water dispenser, zoned AC with 5 thermostats, and ring security system. For the boating enthusiast, the dock of composition material has water & electric, will accommodate at least a 40’ boat, and you find yourself only minutes to the open bay and Intercoastal waterway. A beautiful pool/spa and patio sets the perfect scene for watching the evening sunsets while all awhile sipping on your favorite beverage. No need to worry about storms, there are electronic shutters which also double as security shutters. Location is ideal, close to the Publix Shopping Plaza, St Armands Circle, and a short drive across the bay to all the amenities of downtown Sarasota. To top this all off, included is a membership to the coveted Bay isles Beach Club on the azure waters and white sandy beach of The Gulf of Mexico. Memberships are also available to THe Longboat Key Country Club & Resort offering 45 holes of golf, 6 resturants, fitness center, spa, tennis, & pickelball.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #0590601 Listed on: 07/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,859
Year Built
- Built in 1999
Lot Details
- 0.26 Acre Lot
- 85 Feet of Waterfront
- Property fronts a saltwater canal
- Property fronts a private road
- Southeast Facing Home
- Well Sprinkler System
- Property is zoned PD
HOA Fees
Parking
- 2 Car Attached Garage
- Ground Level Parking
- Garage Door Opener
- Driveway
- Secured Garage or Parking
- On-Street Parking
- Open Parking
Property Views
- White Water Ocean
- Canal
Home Design
- Custom Home
- Slab Foundation
- Tile Roof
- Concrete Roof
- Block Exterior
- Stucco
Interior Spaces
- 4,527 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Shades
- Shutters
- Family Room Off Kitchen
- Separate Formal Living Room
- Formal Dining Room
- Den
Kitchen
- Eat-In Kitchen
- Built-In Convection Oven
- Cooktop<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Engineered Wood
- Carpet
- Marble
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- In-Law or Guest Suite
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Leased
- Security Gate
- Hurricane or Storm Shutters
- Fire and Smoke Detector
- In Wall Pest System
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Water access To Gulf or Ocean To Bay
- Access To Intracoastal Waterway
- Property is near a marina
- Access to Saltwater Canal
- Dock has access to water
- Rip-Rap
- Dock made with Composite Material
- Covered patio or porch
- Exterior Lighting
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
- Humidity Control
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Thermostat
- Underground Utilities
- Natural Gas Connected
- Water Filtration System
- Well
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Tax Lot 58
- Assessor Parcel Number 0003010016
Community Details
Overview
- Association fees include 24-hour guard, common area taxes, community pool, ground maintenance, manager, pest control, private road, security, water
- Linda Chapman Association
- Bay Isles Master Association
- Built by Taylor Woodrow
- Queens Harbour Subdivision, Giardinera Floorplan
- Queens Harbour (F/K/A Manchester Bay) Community
- On-Site Maintenance
- The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community
- Rental Restrictions
Recreation
- Community Pool
- Fishing
Security
- Security Service
- Card or Code Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 23, 2024
Sold by
Somers Stephen and Somers Sharon
Bought by
Somers Stephen M
Current Estimated Value
Purchase Details
Listed on
Jul 19, 2022
Closed on
Oct 7, 2022
Sold by
Raymond M Grimm Declaration Of Trust
Bought by
Somers Stephen and Somers Sharon
Seller's Agent
Linda Weber
COLDWELL BANKER REALTY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.62%
Purchase Details
Listed on
Nov 4, 2010
Closed on
Nov 9, 2012
Sold by
Depizzo John A and Depizzo Barbara
Bought by
Grimm Raymond M and Raymond M Grimm Declaration Of Trust
Seller's Agent
Martina Coppenrath
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$800,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 1999
Sold by
Taylor Woodrow Communities
Bought by
Depizzo John A and Depizzo Barbara
Similar Homes in Longboat Key, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $3,600,000 | -- | |
| Warranty Deed | $1,700,000 | Attorney | |
| Deed | $1,228,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | New Conventional | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $926,791 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2022 10/07/22 | Sold | $3,600,000 | -9.9% | $795 / Sq Ft |
| 08/05/2022 08/05/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | For Sale | $3,995,000 | +135.0% | $882 / Sq Ft |
| 11/09/2012 11/09/12 | Sold | $1,700,000 | -5.5% | $376 / Sq Ft |
| 09/07/2012 09/07/12 | Pending | -- | -- | -- |
| 11/04/2010 11/04/10 | For Sale | $1,799,000 | -- | $397 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $34,622 | $2,708,600 | $1,524,900 | $1,183,700 |
| 2023 | $34,622 | $2,633,200 | $1,412,200 | $1,221,000 |
| 2022 | $19,662 | $1,508,248 | $0 | $0 |
| 2021 | $18,859 | $1,382,183 | $0 | $0 |
| 2020 | $19,008 | $1,363,100 | $822,100 | $541,000 |
| 2019 | $18,857 | $1,364,484 | $0 | $0 |
| 2018 | $18,554 | $1,339,042 | $0 | $0 |
| 2017 | $18,466 | $1,311,500 | $679,600 | $631,900 |
| 2016 | $21,077 | $1,576,300 | $868,500 | $707,800 |
| 2015 | $21,280 | $1,456,600 | $833,300 | $623,300 |
| 2014 | $22,642 | $1,513,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Linda Weber
Seller's Agent in 2022
Linda Weber
COLDWELL BANKER REALTY
(941) 387-1863
26 in this area
27 Total Sales
-
Ian Addy, PA
Buyer's Agent in 2022
Ian Addy, PA
Michael Saunders
(941) 961-8850
95 in this area
119 Total Sales
-
M
Seller's Agent in 2012
Martina Coppenrath
-
Bruce Myer
Buyer's Agent in 2012
Bruce Myer
COLDWELL BANKER REALTY
(941) 387-1847
257 in this area
309 Total Sales
Map
Source: Stellar MLS
MLS Number: A4541071
APN: 0003-01-0016
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