NOT LISTED FOR SALE

3551 Fair Oaks Ln Longboat Key, FL 34228

Estimated Value: $1,794,000 - $2,024,000

3 Beds
3.5 Baths
2,966 Sq Ft
$660/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $2,300,000 $775 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $12,070/month

2 Days on Market

Highlights

  • 54 Feet of Lake Waterfront
  • Golf Course Community
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Deeded access to the beach
  • Gated Community

About This Home

As of August 2024

Beautifully renovated and furnished home in the sought-after Queens Harbour neighborhood located behind the gates of Bay Isles. As you step through the front door, you will be impressed with the soaring 15-foot ceilings and floor-to-ceiling walls of glass with abundant light in this very open floor plan. This 3,000 square foot home includes three bedrooms: a large master suite with his and her closets, an ensuite guest bedroom on the first floor, and a third ensuite bedroom upstairs. A private office is conveniently located on the first floor. The kitchen hosts a charming breakfast area overlooking the beautiful pool. This well-maintained home has complete hurricane wind protection, a combination of hardwood floors and ceramic tiles in the living and bedrooms, plantation shutters and an over-the-top custom kitchen renovation. Queens Harbour is a planned, semi-maintenance-free luxury community of 102 single-family homes known for its consistent management with stable fees and financial reserves to avoid special assessments. The Association provides turnkey landscaping services including wells and irrigation, maintains the heated community pool and is responsible for painting the exterior of each home every five years. Homeownership includes membership in the Bay Isles Beach Club which provides private beach facilities including restrooms with showers, BBQ grills, volleyball, covered pavilion and various other covered eating areas, and, of course, the beautiful sands of Longboat Key's spectacular Gulf beach! The master community of Bay Isles is also home to the private Longboat Key Club's Harbourside facility featuring 27-holes of pristine golf and 20 Har-Tru tennis courts at the renowned Tennis Gardens, plus, a fantastic private marina and 2 restaurants. The LBK Club has various types of memberships available. Annual Bay Isles HOA dues are $1,242. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Last Agent to Sell the Property

Mike Greve

THE BOB STANLEY GROUP Brokerage Phone: 941-726-4242 License #3202158 Listed on: 03/04/2024

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,756

Year Built

  • Built in 1995

Lot Details

  • 10,318 Sq Ft Lot
  • 54 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Private Lot
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,966 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar Fridge
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shutters
  • French Doors
  • Sliding Doors
  • Great Room
  • L-Shaped Dining Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Smart Home
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Deeded access to the beach
  • Property is near a marina
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox

Location

  • Property is near a golf course

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, cable TV, pool, escrow reserves fund, ground maintenance, pest control, private road
  • Civix Property Management/Kevin Wiegand Association, Phone Number (941) 529-9595
  • Visit Association Website
  • Bay Isles Homeowners Association, Phone Number (941) 383-3200
  • Built by Taylor Woodrow
  • Queens Harbour Subdivision, Ashford Floorplan
  • Queens Harbour (F/K/A Manchester Bay) Community
  • The community has rules related to deed restrictions
  • Community Lake

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,756

Year Built

Built in 1995

Lot Details

0

HOA Fees

$837 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Escrow Reserves Fund, Maintenance Grounds, Pest Control, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2966
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3931
  • Lot Size Sq Ft: 10318
  • Directions to Property: From Gulf of Mexico Drive, turn East at light on Bay Isles Parkway. Thru guard gate (get pass info), left on Harbourside Dr., thru 2nd gate (use pass info), left at Fair Oaks Lane at Queens Harbour entry, continue down Fair Oaks Lane past water fountain, continue on Fair Oaks Lane through left curve, house will be on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 197295295
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 775.46
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Amenities Additional Fees: Longboat Key Club: golf, tennis, fitness center, pickleball, restaurants, meeting and ballrooms, beach and marina.
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-726-4242
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, L Dining, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Window Features: Insulated Windows, Shutters
  • Street Number Modifier: 3551
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 275.55
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, Heated, In Ground, Lighting, Tile
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Lighting, Outdoor Grill, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Golf Course, Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Beach - Access Deeded
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 54
  • Water Frontage Feet Lake: 54

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community - Guard, Golf, Pool
  • Association Amenities: Pool
  • Association Fee: 2200
  • Association Fee Frequency: Quarterly
  • Association Name: Civix Property Management/Kevin Wiegand
  • Phone: 941-529-9595
  • Association: Yes
  • Security: Gated Community, Security Gate, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 1242
  • Association #2 Fee Frequency: Annually
  • Association: Bay Isles Homeowners Association
  • Association Phone #2: 941-383-3200
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: kevin@civixpm.com
  • Association URL: Civixpropertymanagement.com

Fee Information

  • Total Annual Fees: 10042.00
  • Total Monthly Fees: 836.83
  • Monthly HOA Amount: 733.33

Lot Info

  • Zoning: PD
  • Parcel Number: 0003010031
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: City Limits, Near Golf Course, Near Marina, Paved, Private
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 959
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Taylor Woodrow

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: As per Queens Harbour HOA regulations.

Tax Info

  • Tax Annual Amount: 9755.98
  • Tax Book Number: 33-47
  • Tax Lot: 25

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Application and approval required by the Queens Harbour HOA's regulations, contact CIVIX Property Management, Kevin Wiegand 941-529-9595.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Aug 1, 2024
Sold by
Costello Kevin S and Costello Kim
Bought by
Schiech John W and Schiech Marlene
Seller's Agent
Mike Greve
THE BOB STANLEY GROUP
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Views
7
Current Estimated Value
$1,957,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,326
Avg. Annual Appreciation
-12.77%

Purchase Details

Closed on
Jun 12, 2012
Sold by
Costello Kevin S
Bought by
Shelby Janet Llc

Purchase Details

Closed on
Nov 2, 2007
Sold by
Porterfield Jeffrey C and Porterfield Vivienne B
Bought by
Costello Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
Manchester David F and Manchester Lee Chin
Bought by
Porterfield Jeffrey C and Porterfield Vivienne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2002
Sold by
Manchester David F and Manchester Lee Chin
Bought by
Manchester David F and Manchester Lee Chin

Purchase Details

Closed on
Sep 28, 2001
Sold by
Brown Miriam
Bought by
Manchester David F

Purchase Details

Closed on
Nov 20, 1995
Sold by
Com Taylor Woodrow
Bought by
Brown Matthew and Brown Miriam
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
Schiech John W $2,300,000 None Listed On Document
Shelby Janet Llc -- Attorney
Costello Kevin S $1,250,000 None Available
Porterfield Jeffrey C $1,150,000 Sunbelt Title Agency
Manchester David F -- --
Manchester David F $950,000 --
Brown Matthew $449,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costello Kevin S $1,000,000
Previous Owner Porterfield Jeffrey C $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $2,300,000 -4.0% $775 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $2,395,000 -- $807 / 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 $9,756 $786,827 -- --
2023 $9,756 $763,910 $0 $0
2022 $9,584 $741,660 $0 $0
2021 $9,739 $720,058 $0 $0
2020 $9,812 $710,116 $0 $0
2019 $9,502 $694,151 $0 $0
2018 $9,346 $681,208 $0 $0
2017 $9,225 $667,197 $0 $0
2016 $9,195 $813,600 $340,400 $473,200
2015 $9,172 $757,300 $335,500 $421,800
2014 $9,166 $634,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4601979

Stellar MLS

APN: 0003-01-0031