NOT LISTED FOR SALE

4960 Gulf of Mexico Dr Unit 201 Longboat Key, FL 34228

Estimated Value: $583,000 - $749,880

2 Beds
2 Baths
1,523 Sq Ft
$816/mo HOA Fee

Last Sold June 08, 2018

Last sale price $296,000 $194 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $5,120/month

440 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Anna Maria Elementary School Rated A-
  • Boat Dock
  • Fitness Center

About This Home

As of June 2018

Lowest priced residence at Windward Bay. Motivated Seller. Enjoy bay and marina views from this first floor (over parking) residence. Updates include new electrical panel in (2016);new HVAC (2/18/2016) and laminate flooring, freshly painted kitchen, entry hall and master bathroom. This corner residence has an extra window in the living room plus a dine in kitchen and is 200 SF larger than an interior unit. Please be aware that his residence is very livable but a new owner probably will want to renovate. The condo is priced accordingly. Located on the north end of this 25 acre community and across the street from the Gulf you will be close to the amenities such as tennis courts, swimming pool, fitness room, clubhouse, kayak racks and the deeded beach access. Boats docks are available for $30 a month ($35 with a lift). The Bay and marina views from the living room,both bedrooms and the lanai are outstanding. Longboat Key offers dining, shopping, banking services, medical facilities, educational opportunities. St. Armand's Circle is about a 20 minute ride south; historic Cortez Village is 15 minutes to the north and offers the freshest fish plus waterside dining. 2 small pets up to 25 lbs. are allowed. Life doesn't get much better than this. The monthly $224 fee is for special reserves.

Last Agent to Sell the Property

Bobbie Banan

MICHAEL SAUNDERS & COMPANY License #0332742 Listed on: 02/06/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1975

Lot Details

  • 100 Feet of Waterfront
  • Property fronts a private road
  • End Unit
  • West Facing Home

HOA Fees

  • $816 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Marina

Home Design

  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Stucco

Interior Spaces

  • 1,523 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Subterranean Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Access to Bay or Harbor
  • No Fixed Bridges
  • First Come-First Served Dock
  • Seawall

Location

  • Flood Zone Lot
  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Kristen On Site 941 383 3571 Castle Mgmt Association
  • Mid-Rise Condominium
  • Windward Bay Community
  • Windward Bay Condo Amd Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,325

Year Built

Built in 1975

Lot Details

0

HOA Fees

$816 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Stucco, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 1523
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1523
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4177049&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4177049&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Other Fees Amount: 224
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93998
  • Price per Sq Ft: 194.35
  • Close to Original List Price Ratio: 0.74937
  • Ratio: Current Price\Building Area Total: 194.35
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Window Features: Blinds, Rods
  • Room Count: 6
  • Additional Rooms: Florida Room, Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Marina
  • Water Access: Bay/Harbor, Beach - Access Deeded, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 100
  • Water Frontage Feet Marina: 100
  • Additional Water Information: Gulf directly across the street.
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Underground
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • 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, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Boat Dock, Fitness Center, Laundry, Recreation Facilities, Storage, Tennis Court(s)
  • Association Name: Kristen on site 941-383-3571 Castle Mgmt
  • Association: No
  • Senior Community: No
  • Condo Fees: 592
  • Condo Fees Term: Monthly
  • Other Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 592
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9792
  • Total Monthly Fees: 816

Schools

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

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8007910154
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Near Public Transit
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Interview and $100.00 application fee
  • Num Timesper Year: 2
  • Pet Restrictions: 2 pets up to 25 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see CONDO docs

Tax Info

  • Tax Annual Amount: 2325
  • Tax Book Number: 3-82
  • Tax Lot: 406

Multi Family

  • Waterfront Features: Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jun 8, 2018
Sold by
Spiegel Ira B
Bought by
Ward Marilyn M and Ward Thomas L
Seller's Agent
Bobbie Banan
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$349,000
Sold Price
$296,000
Premium/Discount to List
-$53,000
-15.19%
Current Estimated Value
$689,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,220
Avg. Annual Appreciation
12.05%
Original Mortgage
$236,800
Outstanding Balance
$204,792
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$484,428
Source: Public Records

Range of Values:

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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
Ward Marilyn M $296,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Marilyn M $236,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2018 06/08/18 Sold $296,000 -6.0% $194 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $314,900 -3.1% $207 / Sq Ft
02/15/2018 02/15/18 Price Changed $325,000 -5.5% $213 / Sq Ft
01/15/2018 01/15/18 Price Changed $344,000 -1.4% $226 / Sq Ft
11/17/2017 11/17/17 For Sale $349,000 -11.6% $229 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $395,000 -- $259 / 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 $8,145 $582,250 -- $582,250
2024 $8,145 $568,112 -- --
2023 $8,079 $551,565 $0 $0
2022 $7,919 $535,500 $0 $535,500
2021 $6,215 $385,000 $0 $385,000
2020 $6,123 $360,000 $0 $360,000
2019 $5,829 $340,000 $0 $340,000
2018 $6,400 $370,000 $0 $0
2017 $2,325 $172,789 $0 $0
2016 $2,318 $169,235 $0 $0
2015 $2,135 $168,059 $0 $0
2014 $2,135 $166,725 $0 $0
2013 $2,088 $164,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bobbie Banan

    Seller's Agent in 2018

    Bobbie Banan

    Michael Saunders

    (941) 356-2659

    11 in this area

    14 Total Sales

    Bobbie Banan
    Section Image
  • Brandy Coffey

    Buyer's Agent in 2018

    Brandy Coffey

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    (941) 284-4474

    2 in this area

    1,023 Total Sales

    Brandy Coffey
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4177049

Stellar MLS

APN: 80079-1015-4

Florida Manatee County Longboat Key 34228

4960 Gulf of Mexico Dr Unit 201, Longboat Key, FL

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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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