NOT LISTED FOR SALE

4340 Falmouth Dr Unit 204 Longboat Key, FL 34228

Estimated Value: $443,546 - $558,000

2 Beds
2 Baths
928 Sq Ft
$585/mo HOA Fee

Last Sold June 28, 2019

Last sale price $255,000 $275 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,825/month

12 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Community Boat Slip
  • Private Beach
  • Waterfront Community
  • Water access To Gulf or Ocean
  • Fitness Center

About This Home

As of June 2019

Get ready to enjoy Longboat Key living or collecting the rental income from this turnkey furnished condo that has it all. Enjoy your morning coffee or evening cocktail from your private waterfront Lanai. Community is boater friendly (up to 34’ only $350 a year- first come basis). LBH is amenities-rich with 4 heated pools, tennis and pickle ball court, kayak & bike storage, clubhouse with catering kitchen, art room, woodwork room, shuffleboard, billiard and poker room. Full time management is on-site plus, a gated private beach area (4415 GOM) offering picnic tables, indoor his/hers showers and restrooms facilities and extra beach chair storage. Relax knowing your resort condo is maintenance free and offers great social events for your enjoyment and resort style living. Recent Community upgrades; exterior paint, newly renovated covered parking. A wonderful opportunity whether you are looking for a second home, your new residence or investment property.

Last Agent to Sell the Property

Malihe Karimi

MICHAEL SAUNDERS & COMPANY License #3286618 Listed on: 05/22/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Malihe Karimi

MICHAEL SAUNDERS & COMPANY License #3286618 Listed on: 05/22/2019

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,841

Year Built

  • Built in 1969

Lot Details

  • 350 Feet of Waterfront
  • Private Beach
  • Southeast Facing Home
  • Mature Landscaping

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 928 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Canal Views
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Longboat Harbour Igor Solovyev Association, Phone Number (941) 383-2126
  • Visit Association Website
  • Longboat Harbour North Community
  • Longboat Harbour Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Waterfront Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,841

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, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Brick, Other
  • Fireplace: No
  • Living Area: 928
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1072
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436833&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436833&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.89789
  • Price per Sq Ft: 274.78
  • Close to Original List Price Ratio: 0.96591
  • Ratio: Current Price\Building Area Total: 237.87
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Window Treatments
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Storage
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Other
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water View: Canal
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Water Extras: Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, 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: 350
  • Water Frontage Feet Canal Salt: 350
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: 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, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Lobby Key Required, Maintenance, Optional Additional Fees, Other, Pool, Recreation Facilities, Sauna, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Name: Longboat Harbour - Igor Solovyev
  • Phone: 941-383-2126
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 585
  • Condo Fees Term: Monthly
  • Association Website: www.LongboatHarbour.net
  • Association Email: LBHmanager@outlook.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 585
  • Amenities Additional Fees: Boat Slip for $350.00 per year when available.
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8008413851
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 mo min, twice per year

Tax Info

  • Tax Annual Amount: 3841
  • Tax Lot: 204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Karimi Malihe
Bought by
Mugno Mary Ann
Current Estimated Value
$519,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,600
Outstanding Balance
$234,263
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$285,124

Purchase Details

Closed on
Mar 28, 2019
Sold by
Stankiewicz Stanislaw
Bought by
Karimi Malihe

Purchase Details

Closed on
Mar 31, 2000
Sold by
Pcola Imrich and Pcolova Alena
Bought by
Stankiewicz Stanislaw

Purchase Details

Closed on
Feb 14, 1998
Sold by
Hunt Clark R and Hunt Doris N
Bought by
Pcola Imrich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Mugno Mary Ann $329,500 Featherstone Ryan
Karimi Malihe $255,000 Attorney
Stankiewicz Stanislaw $154,000 --
Pcola Imrich $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mugno Mary Ann $263,600
Previous Owner Pcola Imrich $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $255,000 -10.2% $275 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $284,000 +7.6% $306 / Sq Ft
05/22/2019 05/22/19 For Sale $264,000 -- $284 / 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 $6,115 $399,500 -- $399,500
2024 $6,115 $444,550 -- $444,550
2023 $5,829 $437,750 $0 $437,750
2022 $4,512 $378,000 $0 $378,000
2021 $4,331 $275,000 $0 $275,000
2020 $4,308 $260,000 $0 $260,000
2019 $4,237 $260,000 $0 $260,000
2018 $3,841 $227,000 $0 $0
2017 $3,604 $229,500 $0 $0
2016 $3,324 $204,900 $0 $0
2015 $3,021 $204,900 $0 $0
2014 $3,021 $180,001 $0 $0
2013 $2,888 $173,078 $1 $173,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4436833

Stellar MLS

APN: 80084-1385-1