NOT LISTED FOR SALE

3614 Fair Oaks Place Longboat Key, FL 34228

Estimated Value: $2,942,000 - $3,395,000

3 Beds
3.5 Baths
4,050 Sq Ft
$786/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $3,675,000 $907 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $19,489/month

11 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Southside Elementary School Rated A
  • Access To Intracoastal Waterway
  • Heated Spa

About This Home

As of April 2023

Located in prestigious Queens Harbour, behind the gates of Bay Isles, this beautiful home provides the owner with carefree privacy and spectacular direct bay views. The floor plan captivates you from the moment you enter with expansive ceilings and a clean, coastal feel. With over 4,000 sq. ft., 3 en-suite bedrooms plus a separate office/den and large bonus room (possible 4th bedroom) you will have plenty of space. Every aspect of this home has been meticulously maintained with continuous updates to keep the space modern including new flooring, kitchen and appliances, refinished pool and deck, new A/Cs, a new roof on the way and so much more. Open, bright and versatile, with the master and a guest suite on the main floor, a second guest suite and the large bonus room are conveniently located on the second floor with unbelievable views. The fabulous kitchen was renovated in 2019 and opens to the warm and inviting family room with 18 ft. high windows overlooking the water. Beautiful formal dining and living rooms are separate with sculpted windows and a gas fireplace in between the dining room and den/office. Enjoy entertaining or relaxing by the open-air saltwater pool and spa while admiring the array of sea birds and animals grace the area. The composite dock and floating dock sits on deep boating water and is just waiting for a boat to call it home. The furniture and accessories which really help make this home beautiful are also available for purchase. Queens Harbour is a coveted maintenance-free community with membership to the exclusive Bay Isles Beach Club and is conveniently located near the Longboat Key Club with golf, restaurants, tennis and spa. The fun and entertainment of St. Armands Circle and downtown Sarasota are just a short drive away.

Last Agent to Sell the Property

Jo Rutstein

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3085661 Listed on: 02/01/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Diana Kryszak

MICHAEL SAUNDERS & COMPANY License #3106676

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,159

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Woods
  • Pool

Home Design

  • Stem Wall Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,050 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Shutters
  • Drapes & Rods
  • Sliding Doors
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Access to Bay or Harbor
  • Property is near a marina
  • Dock made with Composite Material
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Linda Chapman Association, Phone Number (941) 927-6464
  • Bay Ises Association
  • Queens Harbour (F/K/A Manchester Bay) Community
  • Queens Harbour/Bay Isles Subdivision
  • Association Owns Recreation Facilities

Amenities

  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,159

Year Built

Built in 1999

Lot Details

0

HOA Fees

$928 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 4050
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 4562
  • Lot Size Sq Ft: 10784
  • Directions to Property: Gulf of Mexico Drive to East on Bay Isles Parkway, proceed to first gate and present address and business card. Turn left at the stop sign onto Harbourside Drive and proceed to 2nd gate (guest side), use the pass given at the first gate. Proceed to Fair Oaks Lane, turn left, then turn right on Fair Oaks Place, home 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: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 907.41
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Amenities Additional Fees: Membership to the Longboat Key Club including golf, tennis, marina, restaurants, spa, etc. See https://www.longboatkeyclubmembers.com/ for more information.
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Drapes, Shades, Shutters, Window Treatments
  • Street Number Modifier: 3614
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Living Area Meters: 376.26
  • Room Count: 10

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Auto Cleaner, Heated, Lighting, Salt Water
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Other Disclosures, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded,Intracoastal Waterway
  • Water Extras: Dock - Composite
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fishing, Gated, Golf, Pool, Restaurant, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Gated, Optional Additional Fees, Pool, Recreation Facilities, Security
  • Association Fee: 2200
  • Association Fee Frequency: Quarterly
  • Association Name: Linda Chapman
  • Phone: 941-927-6464x134
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 2342.56
  • Association #2 Fee Frequency: Annually
  • Association: Bay Ises
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: linda.chapman@argusmgmt.com

Fee Information

  • Total Annual Fees: 11142.56
  • Total Monthly Fees: 928.55
  • Monthly HOA Amount: 733.33

Lot Info

  • Zoning: PD
  • Parcel Number: 0003010023
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1002

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to association documents or management company for further information.

Tax Info

  • Tax Annual Amount: 19158.68
  • Tax Book Number: 33-47
  • Tax Lot: 65

Multi Family

  • Waterfront Features: Bay/Harbor
  • Approval Process: Refer to association documents or management company for further information.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Apr 14, 2023
Sold by
Meloche Russell V and Meloche Mary C
Bought by
Ehret William Adam and Ehret Julia Suzanne
Seller's Agent
Jo Rutstein
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Diana Kryszak
MICHAEL SAUNDERS & COMPANY
List Price
$3,900,000
Sold Price
$3,675,000
Premium/Discount to List
-$225,000
-5.77%
Views
21
Current Estimated Value
$3,184,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$490,996
Avg. Annual Appreciation
-2.57%
Original Mortgage
$2,572,500
Outstanding Balance
$2,514,694
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$935,369

Purchase Details

Closed on
Sep 30, 2011
Sold by
Griffiths Barbara
Bought by
Meloche Russell and Meloche Mary C

Purchase Details

Closed on
Aug 9, 1999
Sold by
Taylor Woodrow Com
Bought by
Griffiths Barbara
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
Ehret William Adam $3,675,000 None Listed On Document
Meloche Russell $1,700,000 Attorney
Griffiths Barbara $1,175,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehret William Adam $2,572,500
Previous Owner Meloche Russell V $838,200
Previous Owner Meloche Russell $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $3,675,000 -5.8% $907 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $3,900,000 -- $963 / 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 $19,167 $2,748,200 $1,490,100 $1,258,100
2023 $19,167 $1,483,671 $0 $0
2022 $18,838 $1,440,457 $0 $0
2021 $19,159 $1,398,502 $0 $0
2020 $19,202 $1,371,600 $803,800 $567,800
2019 $18,094 $1,304,972 $0 $0
2018 $17,803 $1,280,640 $0 $0
2017 $17,646 $1,254,300 $668,100 $586,200
2016 $20,058 $1,495,600 $847,900 $647,700
2015 $20,241 $1,387,300 $806,100 $581,200
2014 $22,585 $1,509,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4559314

Stellar MLS

APN: 0003-01-0023