NOT LISTED FOR SALE

524 Outrigger Ln Longboat Key, FL 34228

Estimated Value: $2,858,962 - $3,933,000

5 Beds
6 Baths
4,664 Sq Ft
$707/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $1,673,000 $359 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $20,208/month

276 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Lift
  • Southside Elementary School Rated A
  • Boat Slip Deeded
  • Screened Pool

About This Home

As of September 2020

BEST PRICE PER SQUARE FOOT for 4600+ SF two boat lifts w/ Pool on a canal! Longboat Key perfection....calling all avid boaters! This masterpiece is a boater's dream...sailboat water, quick ride to Bay, over 100 feet of seawall, and large dock layout including dual boat lifts. Deeded beach access nearby! Paradise awaits you, this beautifully appointed home is perfect for entertaining and large gatherings...expansive outdoor space complete with outdoor kitchen, fire pit, saltwater pool & spa. One of the few streets on Longboat Key with natural gas! Gourmet inspired kitchen with a 5 burner gas cook top, center island, granite countertops, and a 100 bottle wine cooler. Over 4,600 sq feet of spacious living, with plenty of room for all your toys and tools in the 3 car garage! The split plan allows for ultimate privacy with a separate staircase to guest suite. Two other guest bedrooms offer en-suite bathrooms. Soaring 20 ft ceiling, impact resistant windows for peace of mind and protection, alarm system with video, loft space, and so much more! Elegance and tranquility....all within minutes from golf, shopping and dining at the world renowned St. Armand's Circle, and Downtown Sarasota. Coastal living...paradise found.

Last Agent to Sell the Property

Douglas Grosso

COLDWELL BANKER REALTY License #3121828 Listed on: 10/24/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

Rinat Sikdar

COLDWELL BANKER REALTY License #3082298

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,060

Year Built

  • Built in 2004

Lot Details

  • 0.29 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Open Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Elevated Home
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 4,664 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Bonus Room
  • Storage Room
  • Laundry in unit
  • Canal Views
  • Walk-Up Access

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal
  • Whole House Reverse Osmosis System
  • Reverse Osmosis System

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Eco-Friendly Details

  • Ventilation

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Tile

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Country Club Shores Community
  • Country Club Shores Sec 01 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,060

Year Built

Built in 2004

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4664
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 5702
  • Lot Size Sq Ft: 12758
  • Directions to Property: Gulf of Mexico Drive , right on Outrigger, house is on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449639?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449639?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Elevated, Walk-Up
  • Ratio: Close Price\List Price: 0.956
  • Price per Sq Ft: 358.7
  • Close to Original List Price Ratio: 0.86909
  • Ratio: Current Price\Building Area Total: 293.41
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Trash Compactor, Whole House R.O. System, Wine Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 524
  • Room Count: 12
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Great Room, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure, Tile
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock w/Electric, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0128F
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Off Street, Oversized, Under Building
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Street Lights
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Natural Gas, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • S W Subdiv Condo Num: 1640
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 200
  • Monthly HOA Fee: 16.67
  • Total Monthly Fees: 16.67

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0010100026
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Landscaping: Fl. Friendly/Native Landscape

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: See Rules and Regulations

Tax Info

  • Tax Annual Amount: 22059.85
  • Tax Block: A
  • Tax Book Number: 17-9
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Sep 17, 2020
Sold by
Stein William and Stein Mary Betz
Bought by
Daniels Stephen J
Seller's Agent
Douglas Grosso
COLDWELL BANKER REALTY
Buyer's Agent
Rinat Sikdar
COLDWELL BANKER REALTY
List Price
$1,800,000
Sold Price
$1,673,000
Premium/Discount to List
-$127,000
-7.06%
Current Estimated Value
$3,296,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,623,654
Avg. Annual Appreciation
14.28%
Original Mortgage
$850,001
Outstanding Balance
$752,921
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,543,733

Purchase Details

Closed on
Sep 26, 2014
Sold by
Hoelker E H and Hoelker Linda
Bought by
Stein William and Stein Mary Betz

Purchase Details

Closed on
Aug 5, 2004
Sold by
Miles Group Longboat Llc
Bought by
Hoelker E H and Hoelker Linda

Purchase Details

Closed on
Sep 3, 2002
Sold by
Ossorio Joseph M
Bought by
Miles Group Longboat L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.31%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Brown James P and Brown Marjorie R
Bought by
Ossorio Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.83%
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
Daniels Stephen J $1,673,000 Attorney
Stein William $1,693,750 Integrity Title Services Inc
Hoelker E H $1,919,700 --
Miles Group Longboat L L C $530,000 --
Ossorio Joseph M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Stephen J $850,001
Previous Owner Miles Group Longboat L L C $850,000
Previous Owner Ossorio Joseph M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Sold $1,673,000 -4.4% $359 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/10/2020 07/10/20 Price Changed $1,750,000 -2.8% $375 / Sq Ft
05/14/2020 05/14/20 For Sale $1,800,000 +7.6% $386 / Sq Ft
05/01/2020 05/01/20 Off Market $1,673,000 -- --
02/23/2020 02/23/20 Price Changed $1,800,000 -6.5% $386 / Sq Ft
10/21/2019 10/21/19 For Sale $1,925,000 -- $413 / 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 $32,551 $2,183,663 -- --
2023 $32,551 $2,956,000 $1,397,500 $1,558,500
2022 $28,701 $2,475,200 $1,288,500 $1,186,700
2021 $22,157 $1,552,800 $800,200 $752,600
2020 $24,230 $1,664,900 $619,900 $1,045,000
2019 $22,060 $1,563,554 $0 $0
2018 $21,709 $1,534,400 $608,600 $925,800
2017 $22,323 $1,580,400 $619,900 $960,500
2016 $22,274 $1,548,700 $614,200 $934,500
2015 $22,393 $1,493,800 $594,900 $898,900
2014 $20,588 $1,212,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4449639

Stellar MLS

APN: 0010-10-0026