NOT LISTED FOR SALE

525 Sloop Ln Longboat Key, FL 34228

Estimated Value: $1,326,000 - $1,881,000

4 Beds
2 Baths
2,237 Sq Ft
$721/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $970,000 $434 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,481/month

213 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Boat Lift
  • Fishing

About This Home

As of September 2020

Looking for an adorable home in Longboat Key's fabulous Country Club Shores on the water with a boat dock for less than $1 million? LOOK NO MORE! If you want to live in this wonderful community, have a deep water canal with a boat 'in your back yard' only 4 houses in from the open bay, a lovely pool, and be on the extreme South of the island, with easy access to Lido, the Longboat Key Club, St. Armand's Circle and downtown Sarasota, look no further. You're home. If you like entertaining by the pool, or watching the porpoises and manatees, this is the place to do it. Throw a kayak or a paddle board in the water! Have a glass of wine by the pool, looking out at your boat. Long dock, lift and capped seawall make it easy to maintain. Four bedrooms makes it perfect for a large family and lots of guests.

Last Agent to Sell the Property

Gene DePoris

COLDWELL BANKER REALTY License #3072281 Listed on: 01/24/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Matt Tomaszewski

CORCORAN PREMIER REALTY License #3014560

CORCORAN PREMIER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,401

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • 110 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Metered Sprinkler System
  • Fruit Trees
  • Property is zoned R4SF

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,237 Sq Ft Home
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • No Fixed Bridges
  • Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Deck
  • Patio
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,401

Year Built

Built in 1962

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2237
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2929
  • Lot Size Sq Ft: 12100
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456512?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4456512?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97097
  • Price per Sq Ft: 433.62
  • Close to Original List Price Ratio: 0.88262
  • Ratio: Current Price\Building Area Total: 331.17
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Room Count: 7
  • Additional Rooms: Attic, Florida Room, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Fenced, Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Canal, Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio
  • Water View: Bay/Harbor - Partial, Canal
  • Water Access: Bay/Harbor, Beach - Access Deeded, Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Bridges - Fixed, Bridges - No Fixed Bridges, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0129F
  • Waterfront Frontage: 110
  • Additional Water Information: Sarasota bay great for boating, kayaking, paddleboarding
  • Water Frontage Feet Canal Salt: 110
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Water Access, Waterfront
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: None
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • 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: Booker Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0012040002
  • Additional Parcels: No
  • Lot Features: CoastalConstruction Control Line
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 10401
  • Tax Block: A
  • Tax Book Number: 16-22
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Sep 25, 2020
Sold by
Cuomo Antonio and Cuomo Rosa
Bought by
Coyne Kevin Brian
Seller's Agent
Gene DePoris
COLDWELL BANKER REALTY
Buyer's Agent
Matt Tomaszewski
CORCORAN PREMIER REALTY
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Current Estimated Value
$1,613,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,405
Avg. Annual Appreciation
10.14%
Original Mortgage
$873,000
Outstanding Balance
$771,203
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$842,202

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 26, 2018
Sold by
Hayes Daniel A and Gazdag Brigitta Iidiko
Bought by
Cuomo Antonio and Cuomo Rosa
Seller's Agent
Lori Carey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$929,000
Sold Price
$842,500
Premium/Discount to List
-$86,500
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 20, 2012
Sold by
Meckstroth Richard J and Meckstroth Jacqueline N
Bought by
Hayes Daniel A
Seller's Agent
Jane Ebury
COMPASS FLORIDA LLC
Buyer's Agent
Henry Floyd
COLDWELL BANKER REALTY
List Price
$795,000
Sold Price
$730,000
Premium/Discount to List
-$65,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$417,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Chambers Terry A and Chambers Linda V
Bought by
Meckstroth Richard J and Meckstroth Jacqueline N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coyne Kevin Brian $970,000 Premier Title
Cuomo Antonio $842,500 Attorney
Hayes Daniel A $730,000 Attorney
Meckstroth Richard J $757,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coyne Kevin Brian $873,000
Previous Owner Hayes Daniel A $417,000
Previous Owner Meckstroth Richard J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $970,000 -2.9% $434 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $999,000 0.0% $447 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
02/09/2020 02/09/20 Price Changed $999,000 -9.1% $447 / Sq Ft
01/23/2020 01/23/20 For Sale $1,099,000 +30.4% $491 / Sq Ft
03/26/2018 03/26/18 Sold $842,500 -9.3% $377 / Sq Ft View Prior Sale
02/24/2018 02/24/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $929,000 +27.3% $415 / Sq Ft
11/20/2012 11/20/12 Sold $730,000 -8.2% $326 / Sq Ft View Prior Sale
10/11/2012 10/11/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $795,000 -- $355 / 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 $12,433 $967,274 -- --
2024 $12,195 $940,014 -- --
2023 $12,195 $912,635 $0 $0
2022 $11,991 $886,053 $0 $0
2021 $11,894 $839,700 $773,400 $66,300
2020 $10,336 $674,500 $617,300 $57,200
2019 $10,401 $685,300 $628,800 $56,500
2018 $8,499 $586,515 $0 $0
2017 $7,895 $574,452 $0 $0
2016 $7,868 $837,500 $644,800 $192,700
2015 $7,820 $689,300 $615,000 $74,300
2014 $7,814 $546,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4456512

Stellar MLS

APN: 0012-04-0002