NOT LISTED FOR SALE

521 Harbor Gate Way Longboat Key, FL 34228

Estimated Value: $2,222,000 - $3,108,888

3 Beds
3.5 Baths
3,560 Sq Ft
$740/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $1,300,000 $365 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $15,484/month

418 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Gated Community
  • Southside Elementary School Rated A
  • Screened Pool
  • Canal View

About This Home

As of May 2018

Located in the secluded second gated Harbor section enclave of homes in Bay Isles at Longboat Key Club. One of the original built Harbor homes allows for 3,500 square feet of living space with very few steps. The brick paver driveway and walk lead to entrance courtyard with manicured plantings and fountain. Upon entering, there is a formal living and dining room. Master bedroom has generous his/her closets. Master bath has Mr. Steam in oversized shower along with dual floating sink vanity and jetted tub. New carpeting in all the bedrooms and family room insert. The best part of the home is the spacious family room and kitchen combination. Corrian counters with just the right amount of granite touches on the desk, knee wall, wet bar and indoor grilling area. Eurotech Cabinetry designed the suspended shelves over the island to accommodate the built-in table and dramatic effect. New cook top, dishwasher and microwave /oven. It has generous cabinet’s storage for all your entertaining. Natural gas fireplace and wet bar in this open entertaining area. Three sets of pocketing sliding glass doors expand the living area to the pool area. Just a few steps down to the large swimming pool /hot tub area. The pool boasts a brand new screened cage and pebble tech finish on the interior. Brick paver decking that continues down to the canal and boat dock. Freshly painted on both the interior and exterior of home. Just a short distance to the private Bay Isles Beach Club and the Gulf of Mexico beach!

Last Agent to Sell the Property

Denise Haggerty

BRIGHT REALTY License #3078674 Listed on: 01/18/2017

BRIGHT REALTY

Last Buyer's Agent

Charlotte Hedge

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0580252

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,721

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100'x 150'
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a private road
  • Street terminates at a dead end
  • South Facing Home
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Elevated Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • Wet Bar
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Canal Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Indoor Grill
  • Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Dock made with Composite Material
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • $162 Other Monthly Fees
  • Bay Isles Harbor Assoc, Inc (941) 921 3221 Association
  • Bay Isles Community
  • Bay Isles Unit 01 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,721

Year Built

Built in 1978

Lot Details

0

HOA Fees

$183 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3560
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 4759
  • Lot Size Sq Ft: 15000
  • Directions to Property: NORTH ON GULF OF MEXICO DR. FROM LBK SOUTH BRIDGE APPROX 2 MILES TO BAY ISLES ENTRANCE ON RIGHT SIDE. GUARD WILL OPEN 2ND GATE TO IMMEDIATE RIGHT TURN INTO HARBOR SECTION. HARBOR GATE WAY WILL BE FIRST STREET. TURN LEFT AND THIRD HOUSE ON LEFT.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4175034&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4175034&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 1912
  • Other Fees Amount: 1946
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.92924
  • Price per Sq Ft: 365.17
  • Close to Original List Price Ratio: 0.81301
  • Ratio: Current Price\Building Area Total: 273.17
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Indoor Grill, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 521
  • Room Count: 9
  • Additional Rooms: Attic, Den/Library/Office, Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Salt Water, Screen Enclosure, Vinyl
  • Exterior Features: Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Sarasota Bay Canal
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115CO126F
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Sprinkler Meter, Street Lights
  • 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: Buyer Approval Required, Deed Restrictions, Gated Community, Water Access
  • Association Amenities: Gated, Security
  • Association Fee: 2200
  • Association Fee Frequency: Annually
  • Association Name: Bay Isles Harbor Assoc, Inc (941) 921-3221
  • Association: Yes
  • Security: Gated Community, Key Card Entry, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4146
  • Monthly HOA Fee: 183.33
  • Total Monthly Fees: 345.5

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: PD
  • Parcel Number: 0008150003
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100'x 150'
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-12-15
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: HOA Approval and Application Required.
  • Num Timesper Year: 1
  • Pet Restrictions: Must be leashed and pick up required. See HOA documents.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Documents

Tax Info

  • Tax Annual Amount: 18721
  • Tax Book Number: 23-35
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
May 1, 2018
Sold by
Mcnally Michael W and Mcnally James P
Bought by
Freeman Ross Tyler and Freeman Karli Anne
Seller's Agent
Denise Haggerty
BRIGHT REALTY
Buyer's Agent
Charlotte Hedge
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,599,000
Sold Price
$1,300,000
Premium/Discount to List
-$299,000
-18.7%
Current Estimated Value
$2,634,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,334,472
Avg. Annual Appreciation
9.97%
Original Mortgage
$1,169,870
Outstanding Balance
$1,008,224
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,626,248

Purchase Details

Closed on
Dec 27, 2012
Sold by
Mcnally Michael
Bought by
Mcnally Michael W and Mcnally James P

Purchase Details

Closed on
Jan 3, 1994
Sold by
Tisbo Cosmo N and Tisbo Patricia E
Bought by
Mcnally Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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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
Freeman Ross Tyler $1,300,000 Attorney
Mcnally Michael W -- Attorney
Mcnally Michael $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Ross Tyler $1,169,870
Previous Owner Mcnally Michael $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $1,300,000 -18.7% $365 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/18/2017 01/18/17 For Sale $1,599,000 -- $449 / 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
2024 $15,348 $1,242,651 -- --
2023 $15,348 $1,206,457 $0 $0
2022 $15,080 $1,171,317 $0 $0
2021 $15,337 $1,137,201 $0 $0
2020 $15,458 $1,121,500 $690,000 $431,500
2019 $15,302 $1,120,300 $780,000 $340,300
2018 $17,716 $1,250,600 $900,000 $350,600
2017 $18,721 $1,291,800 $900,000 $391,800
2016 $12,734 $1,436,700 $1,000,000 $436,700
2015 $12,618 $1,297,100 $900,000 $397,100
2014 $12,611 $858,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4175034

Stellar MLS

APN: 0008-15-0003