NOT LISTED FOR SALE

4340 Falmouth Dr Unit 303 Longboat Key, FL 34228

Estimated Value: $451,169 - $584,000

2 Beds
2 Baths
1,072 Sq Ft
$627/mo HOA Fee

Last Sold December 11, 2020

Last sale price $370,000 $345 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,933/month

31 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • Stone Countertops
  • Deeded access to the beach
  • Gated Community
  • Mature Landscaping

About This Home

As of December 2020

Enjoy the island life in this beautiful, move-in ready home within the friendly, active community of Longboat Harbour. Beautifully updated and located on the top floor for the best views. This two bedroom, two bath home has updated granite counters, a complete master renovation in 2019, rare in-unit washer and dryer, and new 2017 Florida building code hurricane rated windows throughout. The large lanai is the perfect place to sit and enjoy watching the manatees play with views of the Gulf of Mexico, Longboat Harbour, and Sarasota Bay. This waterfront community is very active, has no age restrictions and has full time management onsite. It includes a wealth of amenities including four pools, bike/kayak storage, clubhouse, billiard room, fitness center, sauna, social rooms, art studio, tennis court, putting green, shuffleboard, and pickle ball. There is also a floating dock for kayaks and canoes plus a fishing pier. Boat docks are available for $325 annually on a first come, first serve basis (34’ length/10’ depth maximum). This bayside, gated community has been remodeled throughout including newly painted building exteriors, new mansard roofs, updated clubhouse, new tiled entries, paved walking path, tiled walkways, and updated landscaping. Deeded beach access is located 200 yards across the street, with parking and a car wash area, as well as rest rooms, showers, chair storage spaces, and benches where neighbors meet for a cocktail at sunset. Welcome to paradise!

Last Agent to Sell the Property

Kathy Valente

MICHAEL SAUNDERS & COMPANY License #0523712 Listed on: 10/09/2020

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Gregory Zies

RE/MAX ALLIANCE GROUP License #3332611

Last Buyer's Agent

Vince Fuda

MEDWAY REALTY License #3642560

MEDWAY REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1969

Lot Details

  • Southeast Facing Home
  • Mature Landscaping

HOA Fees

  • $627 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Canal

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • First Come-First Served Dock
  • Seawall
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Longboat Harbour Owner’S Association/ Igor Solovye Association, Phone Number (941) 383-2126
  • Longboat Harbour Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,541

Year Built

Built in 1969

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, 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/A4480270?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4480270?w=Customer
  • Floor Number: 3
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 9413087777
  • Ratio: Close Price\List Price: 0.96104
  • Price per Sq Ft: 345.15
  • Close to Original List Price Ratio: 0.925
  • Ratio: Current Price\Building Area Total: 345.15
  • View: No
  • Co List Office Mls Id: 266500100
  • Co List Office Phone: 941-748-6300
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water Extras: Dock - Slip 1st Come, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • 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, Pool, Tennis Courts, Water Access
  • Association Amenities: Gated, Maintenance, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Name: Longboat Harbour Owner’s Association/ Igor Solovye
  • Phone: 941-383-2126
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 627
  • Condo Fees Term: Monthly
  • Association Email: LBHstaff@outlook.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 627
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7524
  • Total Monthly Fees: 627

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8008414107
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Please see Condominium Documents for Rental Restrictions (or Guidelines)
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Condominium Documents for Rental Restrictions (or Guidelines)

Tax Info

  • Tax Annual Amount: 3541.06
  • Tax Lot: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 11, 2020
Sold by
Adams James S and Courtney Marie M
Bought by
Berlin Robert L and Berlin Lisa K
Seller's Agent
Kathy Valente
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Vince Fuda
MEDWAY REALTY
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Current Estimated Value
$529,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,542
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Mount Gordon R and Mount Paula J
Bought by
Adams James S and Courtney Marie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Mount Joyce W and Mount Gordon M
Bought by
Mount Joyce W and Mount Gordon R

Purchase Details

Closed on
Mar 20, 1998
Sold by
Cohen Blanche D
Bought by
Mount Gordon M and Mount Joyce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.01%
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
Berlin Robert L $370,000 Wr Title Services Llc
Adams James S $269,000 Alliance Group Title
Mount Joyce W $299,000 Attorney
Mount Gordon M $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams James S $179,000
Previous Owner Mount Gordon M $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $370,000 -3.9% $345 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $385,000 -3.8% $359 / Sq Ft
10/09/2020 10/09/20 For Sale $400,000 -- $373 / 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 $6,282 $399,500 -- $399,500
2024 $6,282 $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 $3,609 $244,264 $0 $0
2019 $3,541 $238,772 $0 $0
2018 $3,512 $234,320 $0 $0
2017 $3,210 $229,500 $0 $0
2016 $3,520 $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: A4480270

Stellar MLS

APN: 80084-1410-7