NOT LISTED FOR SALE

3618 Fair Oaks Place Longboat Key, FL 34228

Estimated Value: $2,274,000 - $3,468,000

3 Beds
4 Baths
3,335 Sq Ft
$851/Sq Ft Est. Value

About This Home

This home is located at 3618 Fair Oaks Place, Longboat Key, FL 34228 and is currently estimated at $2,838,507, approximately $851 per square foot. 3618 Fair Oaks Place is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2016
Sold by
Deroy Isabelle Levere and Deroy Joseph Peter
Bought by
Mcelmeel Joseph J
Current Estimated Value
$2,838,507

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
Outstanding Balance
$789,966
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,124,252

Purchase Details

Closed on
Jul 18, 2012
Sold by
Deroy Joseph P and Deroy Isabelle Levere
Bought by
Deroy Isasbelle Levere and Deroy Joseph Peter

Purchase Details

Closed on
Sep 30, 2009
Sold by
Schuler Geraldine P
Bought by
Deroy Joseph P and Deroy Isabelle Levere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,999
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1995
Sold by
Schuler John N and Schuler Geraldine P
Bought by
Schuler Geraldine P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcelmeel Joseph J $1,555,000 None Available
Deroy Isasbelle Levere -- Attorney
Deroy Joseph P $1,400,000 Attorney
Schuler Geraldine P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelmeel Joseph J $1,000,000
Previous Owner Deroy Joseph P $979,999
Previous Owner Schuler John N $155,000
Previous Owner Schuler John N $169,000
Previous Owner Schuler John N $175,000
Source: Public Records

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 $20,028 $1,596,073 -- --
2023 $20,028 $1,549,585 $0 $0
2022 $19,656 $1,502,218 $0 $0
2021 $19,991 $1,458,464 $0 $0
2020 $20,149 $1,438,327 $0 $0
2019 $19,514 $1,405,989 $0 $0
2018 $19,735 $1,380,000 $948,200 $431,800
2017 $18,307 $1,263,000 $781,200 $481,800
2016 $18,307 $1,482,700 $963,500 $519,200
2015 $18,457 $1,392,400 $931,700 $460,700
2014 $18,449 $1,239,621 $0 $0
Source: Public Records

Map

Florida Sarasota County Longboat Key 34228

3618 Fair Oaks Place, Longboat Key, FL

This home is located at 3618 Fair Oaks Place, Longboat Key, FL 34228 and is currently estimated at $2,838,507, approximately $851 per square foot. 3618 Fair Oaks Place is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes