NOT LISTED FOR SALE

504 Forest Way Unit 504 Longboat Key, FL 34228

Longboat Key Area

Estimated Value: $562,488

2 Beds
2.5 Baths
1,494 Sq Ft
2.11 Acre Lot

Sale Details

Date Sold: September 24, 2021

Last sale price $505,000 $338 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,912 / mo

82 Days on Market

Highlights

  • Fishing Pier
  • In Ground Pool
  • 1 Car Attached Garage
  • Anna Maria Elementary School Rated 9+
  • 2.11 Acre Lot
  • Ceramic Tile Flooring

About This Home

As of September 2021

This is a rare opportunity to own a bright and spacious unit in the very popular Cedars East community. This unit is being sold turnkey for owner's use with excellent rental potential.

Last Agent to Sell the Property

Bill Anderson

MICHAEL SAUNDERS & COMPANY License #3288173 Listed on: 06/09/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Adrienne Scott

MICHAEL SAUNDERS & COMPANY License #3493901

Last Buyer's Agent

Bill Anderson

MICHAEL SAUNDERS & COMPANY License #3288173 Listed on: 06/09/2021

MICHAEL SAUNDERS & COMPANY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1990

Lot Details

  • North Facing Home

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,494 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Fishing Pier
  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool
  • Lighthouse Property Management Association
  • Cedars East Community
  • Cedars East Sec 2 Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,096

Year Built

Built in 1990

Lot Details

2.11 Acres

HOA Fees

$636 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Cement Siding, Concrete, Wood Frame
  • Fireplace: No
  • Living Area: 1494
  • Lot Size Acres: 2.11
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 2268
  • Lot Size Sq Ft: 91957
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503580?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503580?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.0202
  • Price per Sq Ft: 338.02
  • Close to Original List Price Ratio: 1.01
  • Ratio: Current Price\Building Area Total: 222.66
  • View: No
  • Co List Office Mls Id: 281502388
  • Co List Office Phone: 941-383-5502
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: Lighthouse Property management
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1907
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 636
  • Amenities Additional Fees: Membership to Cedars East Tennis Resort. Amenities are available for an additional fee.
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 7628
  • Total Monthly Fees: 635.67

Lot Info

  • Zoning: R3MX/PC
  • Parcel Number: 7927304407
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 100
  • Minimum Lease: 2 Weeks
  • Num Timesper Year: 26
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: None

Tax Info

  • Tax Annual Amount: 4096.48
  • Tax Block: 1002
  • Tax Book Number: 1279-1906
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 24, 2021
Sold by
Bought by
Seller's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bill Anderson
MICHAEL SAUNDERS & COMPANY
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$562,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,488
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Jul 29, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Longboat Key, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 Attorney
$323,000 None Listed On Document
$165,000 None Available
-- New House Title
-- Attorney
$255,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $505,000 +2.0% $338 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $495,000 -1.0% $331 / Sq Ft
08/11/2021 08/11/21 For Sale $500,000 0.0% $335 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $500,000 -- $335 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,494 $439,872 $439,872
2025 $7,732 $207,060 $207,060
2023 $7,300 $514,250 $0 $514,250
2022 $6,095 $367,500 $0 $367,500
2021 $4,665 $275,000 $0 $275,000
2020 $4,096 $265,000 $0 $265,000
2019 $4,121 $265,000 $0 $265,000
2018 $4,070 $220,000 $0 $0
2017 $3,507 $210,500 $0 $0
2016 $3,249 $187,900 $0 $0
2015 $2,654 $187,900 $0 $0
2014 $2,654 $158,106 $0 $0
2013 $2,561 $153,501 $1 $153,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4503580

Stellar MLS

APN: 79273-0440-7

Your Personal Tour Guide

Ask me questions while you tour the home.