NOT LISTED FOR SALE

4340 Falmouth Dr Unit 304 Longboat Key, FL 34228

Estimated Value: $437,712 - $600,000

2 Beds
2 Baths
928 Sq Ft
$627/mo HOA Fee

Last Sold May 12, 2020

Last sale price $355,000 $383 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,899/month

5 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Fitness Center
  • Water Views
  • Water Access
  • Heated In Ground Pool

About This Home

As of May 2020

Sunny, Panoramic Bay and Yacht Harbour views from every room and a private Beach Club. This 2 bedroom / 2 bath spectacular designer renovation features low fees, only $627 per month. April 14, 2020 - New, $4,000 Hurricane Window installed in the Master Bedroom. Boat Docks available for $350 per year. A friendly, amenity-rich community with 4 heated swimming pools, deeded beach access, New, Tile floors throughout every room including the lanai, New Gym, Putting Green, Shuffleboard, Family Game Room, Fishing Pier, Pickleball, Tennis, Kayak launch and storage area, bike storage, Meeting Rooms, art classes and many group activities.covered reserved parking, dependable, full-time, onsite management.

Last Agent to Sell the Property

Debra Lichter

SARASOTA BEACH TO BAY INC License #3235801 Listed on: 04/02/2020

Last Buyer's Agent

Debra Lichter

SARASOTA BEACH TO BAY INC License #3235801 Listed on: 04/02/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 1969

Lot Details

  • Northwest Facing Home
  • Condo Land Included

HOA Fees

  • $627 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 928 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Entrance

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Water Access
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

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, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Michelle Andrews Association, Phone Number (941) 383-2126
  • First Longboat Harbour Community
  • Longboat Harbour Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • Community features wheelchair access

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • No Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,434

Year Built

Built in 1969

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 928
  • Lot Size Acres: 21.21
  • New Construction: No
  • Year Built: 1969
  • Accessibility Features: Accessible Approach with Ramp, Accessible Entrance
  • Lot Size Sq Ft: 923849
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464441?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4464441?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9726
  • Price per Sq Ft: 382.54
  • Close to Original List Price Ratio: 0.9726
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, In Ground
  • Exterior Features: Lighting, Outdoor Grill, Outdoor Shower, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • 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, Fishing, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront, Wheelchair Access
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Elevator(s), Fitness Center, Gated, Maintenance, Optional Additional Fees, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Storage, Tennis Court(s)
  • Association Name: Michelle Andrews
  • Phone: 941-383-2126
  • Association: No
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 627
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 627
  • Amenities Additional Fees: Boat Dock available upon request $350.00 per year.
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8008414156
  • Additional Parcels: No
  • Flood Zone Code: R4MX
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Approval Process: Application.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Two rentals per year. One month minimum.

Tax Info

  • Tax Annual Amount: 4433.9
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 12, 2020
Sold by
Herries Bruce and Herries Martina
Bought by
Grasham Micheal and Dimarino Tina
Seller's Agent
Debra Lichter
SARASOTA BEACH TO BAY INC
Buyer's Agent
Debra Lichter
SARASOTA BEACH TO BAY INC
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$523,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,928
Avg. Annual Appreciation
7.17%
Original Mortgage
$319,500
Outstanding Balance
$283,121
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$240,807

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 5, 2019
Sold by
4340 Falmouth Drive 304 Llc
Bought by
Herries Bruce and Herries Martina
Seller's Agent
Margi Beshore
SRQ PROPERTIES
Buyer's Agent
Debra Lichter
SARASOTA BEACH TO BAY INC
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Casey Denise
Bought by
4340 Falmouth Drive 304 Llc

Purchase Details

Closed on
Oct 9, 2015
Sold by
Williams Hank L and Williams Rhonda B
Bought by
Casey Denise

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 30, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Williams Hank L and Williams Rhonda B
Seller's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Theresa Guest
LIMBO COMPANY SARASOTA ASSOC
List Price
$229,900
Sold Price
$220,100
Premium/Discount to List
-$9,800
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 29, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Michael Moulton
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Theresa Guest
LIMBO COMPANY SARASOTA ASSOC
List Price
$229,900
Sold Price
$220,100
Premium/Discount to List
-$9,800
-4.26%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Shaw Hayton Sarah Andrea
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 15, 2004
Sold by
Schonbrunn Faye
Bought by
Shaw Gordon and Shaw Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grasham Micheal $355,000 Attorney
Herries Bruce $340,000 Attorney
4340 Falmouth Drive 304 Llc -- Attorney
Casey Denise $315,000 Sunbelt Title Agency
Williams Hank L $220,100 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Jpmorgan Chase Bank National Association $256,000 Attorney
Shaw Gordon $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasham Micheal $319,500
Previous Owner Shaw Gordon $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2020 05/12/20 Sold $355,000 -2.7% $383 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $365,000 +7.4% $393 / Sq Ft
12/05/2019 12/05/19 Sold $340,000 -5.5% $366 / Sq Ft View Prior Sale
11/20/2019 11/20/19 Pending -- -- --
11/03/2019 11/03/19 Price Changed $359,900 +2.9% $388 / Sq Ft
11/03/2019 11/03/19 Price Changed $349,900 -4.1% $377 / Sq Ft
08/30/2019 08/30/19 For Sale $365,000 +65.8% $393 / Sq Ft
05/30/2014 05/30/14 Sold $220,100 -4.3% $205 / Sq Ft View Prior Sale
05/09/2014 05/09/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $229,900 +4.5% $214 / Sq Ft
04/20/2014 04/20/14 Off Market $220,100 -- --
04/01/2014 04/01/14 Price Changed $229,900 -9.8% $214 / Sq Ft
03/04/2014 03/04/14 For Sale $254,900 -- $238 / 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 $6,224 $399,500 -- $399,500
2024 $6,224 $444,550 -- $444,550
2023 $6,026 $437,750 $0 $437,750
2022 $4,709 $378,000 $0 $378,000
2021 $4,520 $275,000 $0 $275,000
2020 $4,505 $260,000 $0 $260,000
2019 $4,434 $260,000 $0 $260,000
2018 $4,037 $227,000 $0 $0
2017 $3,800 $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 $2,235 $173,078 $1 $173,077
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4464441

Stellar MLS

APN: 80084-1415-6