NOT LISTED FOR SALE

4965 Gulf of Mexico Dr Unit 202 Longboat Key, FL 34228

Estimated Value: $3,065,000 - $5,145,000

3 Beds
3.5 Baths
3,344 Sq Ft
$1,183/mo HOA Fee

Last Sold January 27, 2022

Last sale price $3,875,000 $1,159 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $29,370/month

Highlights

  • 650 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Full Gulf or Ocean Views
  • Anna Maria Elementary School Rated A-
  • Private Pool
  • Gated Community

About This Home

As of January 2022

Sold data only entry.

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 01/27/2022

Stellar Non-Member Office

Last Buyer's Agent

Meghan Leiter

MICHAEL SAUNDERS & COMPANY License #3429857

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $48,055

Year Built

  • Built in 2007

Lot Details

  • 650 Feet of Waterfront
  • Property fronts gulf or ocean

HOA Fees

  • $1,183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Siding
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,344 Sq Ft Home
  • 4-Story Property
  • Full Gulf or Ocean Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Water access To Gulf or Ocean
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 8009700509

Community Details

Overview

  • Association fees include community pool, pool maintenance
  • Positano Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$48,055

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,183 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3344
  • New Construction: No
  • Year Built: 2007
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to Positano on the gulf.
  • Status: Sold
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1158.79
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 4965
  • Room Count: 1

Exterior Features

  • Exterior Features: Lighting
  • Roof: Other
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Gulf/Ocean - Full
  • Water Access: Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294F
  • Waterfront Frontage: 650
  • Water Frontage Feet Gulf Ocean: 650

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Gated, Pool
  • Senior Community: No
  • Condo Fees: 3548
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1183

Fee Information

  • Total Annual Fees: 14192
  • Total Monthly Fees: 1182.67

Lot Info

  • Zoning: GF
  • Parcel Number: 8009700509
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2021-08-10

Tax Info

  • Tax Annual Amount: 48055
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Dec 27, 2021
Sold by
Sherratt Beatrice and Estate Of John Dale Sherratt
Bought by
Horwitz Mitchell and Smith Lori
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Meghan Leiter
MICHAEL SAUNDERS & COMPANY
List Price
$3,875,000
Sold Price
$3,875,000
Current Estimated Value
$4,204,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,507
Avg. Annual Appreciation
4.85%
Original Mortgage
$1,700,000
Outstanding Balance
$1,582,678
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$3,022,010

Purchase Details

Closed on
Dec 18, 2006
Sold by
Positano Llc
Bought by
Sherratt John Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Horwitz Mitchell $3,875,000 Wr Title Services
Sherratt John Dale $2,835,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwitz Mitchell $1,700,000
Previous Owner Sherratt John Dale $350,000
Previous Owner Sherratt John Dale $417,000
Previous Owner Sherratt John Dale $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $3,875,000 0.0% $1,159 / Sq Ft
01/27/2022 01/27/22 For Sale $3,875,000 -- $1,159 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
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 $69,416 $1,504,636 -- $1,504,636
2024 $69,416 $4,870,500 -- $4,870,500
2023 $61,093 $3,859,000 $0 $3,859,000
2022 $57,761 $3,601,500 $0 $3,601,500
2021 $46,133 $2,850,000 $0 $2,850,000
2020 $48,670 $2,850,000 $0 $2,850,000
2019 $48,235 $2,850,000 $0 $2,850,000
2018 $49,036 $2,850,000 $0 $0
2017 $43,167 $2,635,000 $0 $0
2016 $39,995 $2,369,000 $0 $0
2015 $39,278 $2,300,000 $0 $0
2014 $39,278 $2,254,381 $0 $0
2013 $36,522 $2,188,719 $1 $2,188,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J940660

Stellar MLS

APN: 80097-0050-9