NOT LISTED FOR SALE

510 Forest Way Unit 510 Longboat Key, FL 34228

Estimated Value: $582,861 - $613,000

2 Beds
2.5 Baths
1,548 Sq Ft
$636/mo HOA Fee

Last Sold November 30, 2021

Last sale price $490,000 $317 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,443/month

Highlights

  • Boat Dock
  • Fishing Pier
  • Private Pool
  • Anna Maria Elementary School Rated A-
  • Fitness Center
  • Fishing

About This Home

As of November 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 turn key for owner's use with excellent rental potential.

Last Agent to Sell the Property

Bill Anderson

MICHAEL SAUNDERS & COMPANY License #3288173 Listed on: 11/03/2021

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: 11/03/2021

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,736

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
  • Stucco

Interior Spaces

  • 1,548 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Fishing Pier
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Lighthouse Property Managment Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Cedars East Community
  • Cedars East Sec 2 Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,736

Year Built

Built in 1990

Lot Details

0

HOA Fees

$636 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Cement Siding, Concrete, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1548
  • Lot Size Acres: 2.11
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 2268
  • Lot Size Sq Ft: 91957
  • Directions to Property: Gulf of Mexico Drive to Companion Way (5680 GMD). Then take the frist left into Forest Way. 510 is the first unit around the corner to the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4516857?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4516857?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 316.54
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 216.05
  • View: Yes
  • Co List Office Mls Id: 281502388
  • Co List Office Phone: 941-383-5502
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 510
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved, Asphalt
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Disclosures: 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, Sewer Connected, 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: Fishing, Pool
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Fitness Center, Optional Additional Fees, Pool, Tennis Court(s), Trail(s)
  • Association Name: Lighthouse Property Managment
  • Phone: 941-460-5560x953
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1907
  • Condo Fees Term: Quarterly
  • Association Website: hannahfeliciano@mgmt.tv
  • Association Email: Hanna Feliciano
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 636
  • Amenities Additional Fees: Membership to Cedars East Tennis Resort is available for an additional fee. 1`
  • 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: 7927304506
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 2 Weeks
  • Num Timesper Year: 26
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4736.31
  • Tax Book Number: 1279-1906
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2016
Sold by
Holbrook James R and Holbrook Karen A
Bought by
Holbrook Family Trust
Current Estimated Value
$598,465

Purchase Details

Closed on
Nov 6, 2015
Sold by
Mccammack Michael D and Mccammack Karen
Bought by
Hobrook James R and Holbrook Karen A

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bell Michael J and Bell Helen Anne
Bought by
Mccammack Michael D and Mccammack Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Glassburn Dennis and Glassburn Karen
Bought by
Bell Michael J and Bell Helen Anne

Purchase Details

Closed on
Aug 4, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Glassburn Dennis and Glassburn Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 1999
Sold by
Court Clerk Circuit
Bought by
Cedars E Condo Assn Inc

Purchase Details

Closed on
Dec 9, 1993
Sold by
Heafey Group Fl Inc
Bought by
Lastoria Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.14%
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
Holbrook Family Trust -- Attorney
Hobrook James R $235,000 Msc Title Inc
Mccammack Michael D $449,000 Asc Title Inc
Bell Michael J $315,000 Longboat Title Services Lc
Glassburn Dennis $135,000 --
Cedars E Condo Assn Inc -- --
Lastoria Tony $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccammack Michael D $224,500
Previous Owner Glassburn Dennis $108,000
Previous Owner Lastoria Tony $165,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $490,000 0.0% $317 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $490,000 -- $317 / 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 $7,732 $207,060 -- $207,060
2024 $7,732 $552,500 -- $552,500
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 $4,736 $265,000 $0 $265,000
2019 $4,548 $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

  • Bill Anderson

    Seller's Agent in 2021

    Bill Anderson

    Michael Saunders

    (941) 313-4059

    21 in this area

    24 Total Sales

    Bill Anderson
    Section Image
  • Adrienne Scott

    Seller Co-Listing Agent in 2021

    Adrienne Scott

    Michael Saunders

    (941) 383-7591

    16 in this area

    18 Total Sales

    Adrienne Scott
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4516857

Stellar MLS

APN: 79273-0450-6

Florida Manatee County Longboat Key 34228

510 Forest Way Unit 510, Longboat Key, FL

This home is located at 510 Forest Way Unit 510, Longboat Key, FL 34228 since 03 November 2021 and is currently estimated at $598,465, approximately $386 per square foot. This property was built in 1990. 510 Forest Way Unit 510 is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High School.

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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