NOT LISTED FOR SALE

530 Companion Way Longboat Key, FL 34228

Estimated Value: $622,475 - $836,000

2 Beds
1 Bath
1,104 Sq Ft
$641/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $437,500 $396 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,422/month

50 Days on Market

Highlights

  • Water Access
  • Public Beach
  • Property is near public transit
  • Anna Maria Elementary School Rated A-
  • Deck
  • Florida Architecture

About This Home

As of November 2020

DIRECTLY LOCATED ACROSS THE STREET FROM THE BEACH- Privately owned deeded access leads you to one of the finest beaches on Longboat Key. Its quiet and pristine, with no crowds or large buildings in sight. Perfectly situated this home's location provides the best of all worlds. It is conveniently located within 4 blocks of several restaurants (both upscale and casual), shops, a deli, convenience store and 32 acre bayfront park. Redecorated in 2017 the interior features include a comfortable coastal themed living room, 2 beautifully appointed bedrooms, a full sized bathroom with extra elbow room, a fully equipped eat-in kitchen with granite counter tops and a full sized laundry/storage room for all those extra beach accessories. Out in the backyard is a deck with shower overlooking a tropical landscape and on the east side of the cottage there is room for the pool of your dreams, should you so desire. What more could you ask for? How about Longboat Key Village, Cannons Marine and Publix at mid key just a few minutes away by car, bus or bike. This cottage makes for the perfect home, vacation home or rental property that you could lease part-time or full. It is up to you. This is a must see and priced to sell. You will not be disappointed.

Last Agent to Sell the Property

Brian Meskil

SAMSON COMPANIES, LLC License #3017619 Listed on: 08/18/2020

SAMSON COMPANIES, LLC

Last Buyer's Agent

Julie Snyder

License #3443110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,689

Year Built

  • Built in 1950

Lot Details

  • 8,398 Sq Ft Lot
  • Lot Dimensions are 105x80
  • Public Beach
  • North Facing Home
  • Landscaped with Trees
  • Property is zoned R4SF

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Water Access
  • Deeded access to the beach
  • Property is near a marina
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • Property is near a golf course

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

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

Community Details

  • No Home Owners Association
  • Longboat Key Community
  • Longboat Key Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,689

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1104
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1492
  • Lot Size Sq Ft: 8398
  • Directions to Property: Gulf of Mexico Dr to east on Companion Way (at Cedars Tennis Resort sign). 2nd house on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475676?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4475676?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95316
  • Price per Sq Ft: 396.29
  • Close to Original List Price Ratio: 0.91336
  • Ratio: Current Price\Building Area Total: 293.23
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 530
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Hurricane Shutters, Outdoor Shower, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water Access: Beach - Access Deeded, Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7930000000
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Golf Course, Near Marina, Near Public Transit
  • Lot Dimensions: 105x80
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Per Town of Longboat Key or Manatee County Restrictions

Tax Info

  • Tax Annual Amount: 4688.51
  • Tax Book Number: 7-16
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Nov 19, 2020
Sold by
Meskil Brian O
Bought by
Bridge David C and Bridge Laura M
Seller's Agent
Brian Meskil
SAMSON COMPANIES, LLC
Buyer's Agent
Julie Snyder
List Price
$479,000
Sold Price
$437,500
Premium/Discount to List
-$41,500
-8.66%
Current Estimated Value
$707,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,119
Avg. Annual Appreciation
10.24%
Original Mortgage
$162,500
Outstanding Balance
$117,375
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$590,244
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
Bridge David C $437,500 Desjarlais Law & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridge David C $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $437,500 -4.7% $396 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $459,000 -4.2% $416 / Sq Ft
08/18/2020 08/18/20 For Sale $479,000 -- $434 / 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 $8,175 $318,255 $318,240 $15
2024 $8,175 $606,717 $318,240 $288,477
2023 $7,943 $594,477 $306,000 $288,477
2022 $5,754 $394,047 $172,800 $221,247
2021 $5,524 $299,729 $158,400 $141,329
2020 $4,667 $230,284 $144,000 $86,284
2019 $4,689 $230,284 $144,000 $86,284
2018 $4,610 $222,908 $144,000 $78,908
2017 $3,849 $221,106 $0 $0
2016 $3,809 $217,131 $0 $0
2015 $2,933 $192,328 $0 $0
2014 $2,933 $174,764 $0 $0
2013 $2,671 $160,052 $85,650 $74,402
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Meskil

    SAMSON COMPANIES, LLC

    (941) 780-3468

    1 in this area

    34 Total Sales

    Brian Meskil
    Section Image

  • J

    Buyer's Agent in 2020

    Julie Snyder

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4475676

Stellar MLS

APN: 79300-0000-0

Florida Manatee County Longboat Key 34228

530 Companion Way, Longboat Key, FL

This home is located at 530 Companion Way, Longboat Key, FL 34228 since 18 August 2020 and is currently estimated at $707,619, approximately $640 per square foot. This property was built in 1950. 530 Companion Way 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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