525 Norton St Longboat Key, FL 34228
Estimated Value: $2,166,000 - $3,726,000
4
Beds
3.5
Baths
3,601
Sq Ft
$831/Sq Ft
Est. Value
Highlights
- 80 Feet of Salt Water Canal Waterfront
- Dock has access to electricity and water
- Screened Pool
- Anna Maria Elementary School Rated A-
- Boat Lift
- Custom Home
About This Home
As of May 2024Magnificent Key West-inspired waterfront home with expansive canal views. This exquisite 4-bedroom, 3 -bath residence boasts luxurious features such as custom-crafted architecturally detailed ceilings, intricate millwork, solid core doors, and roofed decks on all levels. The open great room layout welcomes you with style, while the well-appointed gourmet kitchen with wood cabinetry, granite and quartz countertops, a bar, warming drawer, and wine cooler is perfect for entertaining guests. The screened patio area is the ultimate outdoor oasis with heated pool, waterfall spa and tranquil views of lush landscaping and shimmering waters. Enjoy fun and adventurous excursions from your boat dock offering easy and open access to the Gulf and the Bay. Thoughtful and convenient appointments abound such as a central sound system, fire sprinkler system, central vacuum, impact-resistant windows and doors, and an emergency generator transfer switch. The property further offers a media room or optional bedroom (the room is plumbed for a bath). There is an elevator for easy accessibility, and the 4-car garage ensures ample space for your vehicles. Recent updates include new blinds and shutters in the primary bedroom; complete makeover of the primary bath and closet (with additional special shoe closet) a soaking tub, smart toilet/bidet, walk-in shower, vanity, and custom carpentry; new built-in shelving, desks, filing cabinets and blinds in the office; new dishwasher and garbage disposal in kitchen; resurfaced pool and spa and new pool enclosure screens; and an updated dock with composite decking and newly added kayak lift and 10k aluminum boat lift. Additionally, the entire HVAC system has been replaced, and the garage door is hurricane-rated. Embrace the pinnacle of waterfront living in this exceptional Key West-inspired home, where every detail has been carefully curated to create a haven of luxury.
Last Agent to Sell the Property
MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3436836 Listed on: 02/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,845
Year Built
- Built in 2005
Lot Details
- 9,840 Sq Ft Lot
- Lot Dimensions are 80x123
- 80 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Street terminates at a dead end
- Southeast Facing Home
- Vinyl Fence
- Mature Landscaping
- Irrigation
- Property is zoned R4SF
HOA Fees
- $2 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Pad
- Workshop in Garage
- Ground Level Parking
- Tandem Parking
- Garage Door Opener
- Driveway
- Parking Garage Space
- Off-Street Parking
Home Design
- Custom Home
- Coastal Architecture
- Key West Architecture
- Elevated Home
- Turnkey
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 3,601 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Wet Bar
- Crown Molding
- Coffered Ceiling
- Vaulted Ceiling
- Ceiling Fan
- Shutters
- Blinds
- Great Room
- Family Room
- Combination Dining and Living Room
- Den
- Inside Utility
- Canal Views
Kitchen
- Built-In Convection Oven
- Cooktop
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Disposal
Flooring
- Bamboo
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- High Impact Windows
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Screened Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Pool is Self Cleaning
- Fence Around Pool
- Pool Deck
- Outdoor Shower
- Fiber Optic Pool Lighting
- Pool Tile
- Auto Pool Cleaner
- Pool Lighting
Outdoor Features
- No Fixed Bridges
- Access to Saltwater Canal
- Rip-Rap
- Boat Lift
- Dock has access to electricity and water
- Open Dock
- Dock made with Composite Material
- Balcony
- Deck
- Covered patio or porch
- Rain Gutters
Location
- Flood Zone Lot
Schools
- Anna Maria Elementary School
- W.D. Sugg Middle School
- Bayshore High School
Utilities
- Zoned Heating and Cooling
- Thermostat
- Underground Utilities
- Propane
- Cable TV Available
Community Details
- Sleepy Lagoon Community
- Sleepy Lagoon Park 2 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 29
- Assessor Parcel Number 7865400001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2024
Closed on
May 22, 2024
Sold by
Phillips Laurel G and Vaughn Jeffrey
Bought by
Christopher E Baker Revocable Trust and Tori K Baker Revocable Trust
Seller's Agent
Steve and Janet Walter
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
DeeAnn Becht
COLDWELL BANKER REALTY
List Price
$3,295,000
Sold Price
$2,500,000
Premium/Discount to List
-$795,000
-24.13%
Total Days on Market
74
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,623
Avg. Annual Appreciation
19.04%
Original Mortgage
$1,750,000
Outstanding Balance
$1,734,928
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,256,695
Purchase Details
Closed on
Oct 7, 2016
Sold by
Norton Longboat Llc
Bought by
Phillips Laurel G and Laurel G Phillips Trust
Purchase Details
Closed on
Jan 15, 2016
Sold by
Witts Alan
Bought by
Norton Longboat Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2015
Sold by
Witts Alan and Witts Manuela
Bought by
Witts Alan
Purchase Details
Closed on
Nov 9, 2006
Sold by
Dooley William R and Dooley Meike
Bought by
Witts Alan and Witts Manuela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 2002
Sold by
Meike Dooley William R and Meike Hussmanns
Bought by
Meike Dooley William R and Meike Hussmanns
Purchase Details
Closed on
Aug 15, 2002
Sold by
Kabel Sarasota Inc
Bought by
Dooley William R and Dooley Meike
Purchase Details
Closed on
Apr 28, 2000
Sold by
Furcht Fritz and Furcht Gretha A
Bought by
Kabel Sarasota Inc
Similar Homes in Longboat Key, FL
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Christopher E Baker Revocable Trust | $2,500,000 | None Listed On Document | |
| Phillips Laurel G | $1,610,000 | None Available | |
| Norton Longboat Llc | $1,115,500 | Attorney | |
| Witts Alan | -- | Attorney | |
| Witts Alan | $1,886,500 | Attorney | |
| Meike Dooley William R | -- | -- | |
| Dooley William R | -- | -- | |
| Kabel Sarasota Inc | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Christopher E Baker Revocable Trust | $1,750,000 | |
| Previous Owner | Norton Longboat Llc | $527,000 | |
| Previous Owner | Witts Alan | $700,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2024 05/22/24 | Sold | $2,500,000 | -15.3% | $694 / Sq Ft |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 03/13/2024 03/13/24 | Price Changed | $2,950,000 | -10.5% | $819 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $3,295,000 | -- | $915 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $23,134 | $1,550,235 | -- | -- |
| 2023 | $22,845 | $1,496,130 | $0 | $0 |
| 2022 | $22,420 | $1,452,553 | $0 | $0 |
| 2021 | $21,817 | $1,410,246 | $0 | $0 |
| 2020 | $22,611 | $1,390,775 | $0 | $0 |
| 2019 | $22,227 | $1,359,506 | $0 | $0 |
| 2018 | $22,095 | $1,334,157 | $0 | $0 |
| 2017 | $20,304 | $1,306,716 | $0 | $0 |
| 2016 | $13,010 | $829,288 | $0 | $0 |
| 2015 | $13,059 | $823,523 | $0 | $0 |
| 2014 | $13,059 | $816,987 | $0 | $0 |
| 2013 | $12,786 | $804,913 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve and Janet Walter
Seller's Agent in 2024
Steve and Janet Walter
Michael Saunders
(941) 809-0907
50 in this area
60 Total Sales
-
Janet Walter
Seller Co-Listing Agent in 2024
Janet Walter
Michael Saunders
(941) 232-2000
65 in this area
82 Total Sales
-
DeeAnn Becht
Buyer's Agent in 2024
DeeAnn Becht
COLDWELL BANKER REALTY
(516) 610-4437
1 in this area
33 Total Sales
Map
Source: Stellar MLS
MLS Number: A4595862
APN: 78654-0000-1
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.
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
Nearby Homes
- 598 Lyons Ln
- 614 Norton St
- 616 Lyons Ln
- 588 Bayview Dr
- 650 Penfield St
- 6381 Gulf of Mexico Dr
- 6351 Gulf of Mexico Dr
- 6473 Gulf of Mexico Dr
- 579 Bayview Dr
- 550 de Narvaez Dr
- 6501 Gulf of Mexico Dr
- 6453 Gulfside Rd
- 6330 Laguna Dr
- 600 de Narvaez Dr
- 747 Marbury Ln
- 619 Bayview Dr
- 6324 Laguna Dr
- 6489 Gulfside Rd
- 6537 Gulf of Mexico Dr
- 552 Juan Anasco Dr