NOT LISTED FOR SALE

4340 Falmouth Dr Unit 103 Longboat Key, FL 34228

Estimated Value: $429,213 - $554,000

2 Beds
2 Baths
1,072 Sq Ft
$585/mo HOA Fee

Last Sold October 23, 2019

Last sale price $280,000 $261 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,727/month

85 Days on Market

Highlights

  • 30 Feet of Waterfront
  • Boat Dock
  • Water access To Gulf or Ocean
  • Marina
  • Marina View
  • Private Beach

About This Home

As of October 2019

Check it out! This is a great opportunity to have a resort home and/or generate rental income. You can be the lucky owner of this newly painted, ground floor 2 bed/2 bath furnished condo with new carpet and direct access to the landscaped grounds, harbor, boat slips and gorgeous bay waters. This condo is perfect for your own enjoyment or getting that much desired rental income with its' relaxing waterfront location and proximity to the deeded beach club with its' sugar sand beach and private beach pavilion with showers, restrooms, picnic tables, beach chair storage and car wash station. It's a great location! Imagine your biggest decision is whether to have a beach day, play tennis, kayak, lounge at one of the four heated pools or fish from the pier then bring home the catch-of-the-day to your kitchen with Kraftmaid wood cabinets, blue pearl granite counters and pass-through to the dining/living room. The glassed/screened lanai adjoins the great room and has sliders out to the grounds and harbor. The water view, ensuite master bedroom has ample closet space and the guest room can easily be an office/TV room. Longboat Harbour is an active, vibrant community with abundant amenities including tennis, social activities, hobby clubs, 4 pools, wood/stone/artist studio, gym with locker rooms, billiards, cards room, ping pong, foosball, clubhouse, banquet hall, boat slips ($350/year), kayak storage/launch, putting green and covered parking. This is a great vacation home to enjoy or rent with a one month minimum.

Last Agent to Sell the Property

Eileen Gillen

COLDWELL BANKER REALTY License #3385420 Listed on: 07/04/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Sandi Layfield

MICHAEL SAUNDERS & COMPANY License #0580089

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,192

Year Built

  • Built in 1969

Lot Details

  • 30 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping

HOA Fees

  • $585 Monthly HOA Fees

Property Views

  • Marina
  • Full Bay or Harbor

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall

Home Security

Parking

  • 1 Carport Space
  • Common or Shared Parking
  • Guest Parking
  • Off-Street Parking
  • Reserved Parking
  • Assigned Parking

Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access To Marina
  • Fishing Pier
  • Deeded access to the beach
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall
  • Dock made with Composite Material
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outdoor Grill

Location

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

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Michelle Andrews Association, Phone Number (941) 383-2126
  • Mid-Rise Condominium
  • Longboat Key Community
  • Longboat Harbour Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,192

Year Built

Built in 1969

Lot Details

0

HOA Fees

$585 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1072
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1072
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4439473?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4439473?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96552
  • Price per Sq Ft: 261.19
  • Close to Original List Price Ratio: 0.8805
  • Ratio: Current Price\Building Area Total: 261.19
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Window Treatments
  • Room Count: 5
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage, Tennis Court(s), Workshop
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Outside Bath Access
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sauna, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Longboat Harbour
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Marina
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Composite, Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 30
  • Additional Water Information: No fixed bridges to ICW, Sarasota Bay or Gulf. Longboat Harbour is sailboat depth, salt water.
  • Water Frontage Feet Bay Harbor: 30
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Common, Covered, Guest, Off Street, Reserved
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Fence Restrictions, Fitness Center, Gated, Laundry, Maintenance, Marina, Pool, Recreation Facilities, Shuffleboard Court, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 585
  • Association Fee Frequency: Monthly
  • Association Name: Michelle Andrews
  • Phone: 941-383-2126
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Email: LBHStaff@Outlook.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7020
  • Monthly HOA Fee: 585
  • Total Monthly Fees: 585

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8008413505
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, In County, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application to association.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Association approval required. No pets. One month minimum. Up to two rentals per year.

Tax Info

  • Tax Annual Amount: 2192
  • Tax Lot: 103

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Oct 23, 2019
Sold by
Brooks Lorraine S
Bought by
Maltese Philip N and Maltese Allison M
Seller's Agent
Eileen Gillen
COLDWELL BANKER REALTY
Buyer's Agent
Sandi Layfield
MICHAEL SAUNDERS & COMPANY
List Price
$318,000
Sold Price
$280,000
Premium/Discount to List
-$38,000
-11.95%
Current Estimated Value
$497,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,915
Avg. Annual Appreciation
9.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Maltese Philip N $280,000 Msc Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2019 10/23/19 Sold $280,000 -3.4% $261 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
08/05/2019 08/05/19 Price Changed $290,000 -4.9% $271 / Sq Ft
07/26/2019 07/26/19 Price Changed $305,000 -4.1% $285 / Sq Ft
07/04/2019 07/04/19 For Sale $318,000 -- $297 / 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
2025 $6,312 $139,825 -- $139,825
2024 $6,312 $444,550 -- $444,550
2023 $6,298 $471,750 $0 $471,750
2022 $5,517 $383,250 $0 $383,250
2021 $4,598 $280,000 $0 $280,000
2020 $4,749 $275,000 $0 $275,000
2019 $2,214 $157,739 $0 $0
2018 $2,192 $154,798 $0 $0
2017 $1,974 $151,614 $0 $0
2016 $1,967 $148,496 $0 $0
2015 $1,801 $147,464 $0 $0
2014 $1,801 $146,294 $0 $0
2013 $1,760 $144,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4439473

Stellar MLS

APN: 80084-1350-5