NOT LISTED FOR SALE

530 Wedge Ln Longboat Key, FL 34228

Estimated Value: $1,767,930 - $2,227,000

3 Beds
3 Baths
1,842 Sq Ft
$1,046/Sq Ft Est. Value

Last Sold April 13, 2012

Last sale price $562,500 $305 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $11,334/month

13 Days on Market

Highlights

  • 35 Feet of Waterfront
  • Deeded Boat Dock
  • Access to Bay or Harbor
  • Southside Elementary School Rated A
  • Boat Lift
  • Indoor Pool

About This Home

As of April 2012

"ACTIVE WITH CONTRACT" This spacious 3 bedroom, 3 bath waterfront home is an amazing value, located in the wonderful community of Country Club Shores on a deep water canal. Southern facing,with plenty windows and glass sliders in the living room, den and master suite, this home is light and bright. Recent updates include a new A/C in 2011 and a new roof in 2000. A charming home featuring formal living and dining rooms, a screen-enclosed pool deck with built-in grill, boat dock and lift, as well as an oversized garage.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 01/31/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 01/31/2012

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,784

Year Built

  • Built in 1966

Lot Details

  • 0.25 Acre Lot
  • 35 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Mature Landscaping
  • Property is zoned R4SF

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,842 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Built-In Convection Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deeded Boat Dock
  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Country Club Shores Community
  • Country Club Shores Unit 5 Sec 2 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 8 / D
  • Assessor Parcel Number 0009100032

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,784

Year Built

Built in 1966

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1842
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 3058
  • Lot Size Sq Ft: 10947
  • Directions to Property: From St. Armand's; West on John Ringling Pkwy over bridge to Longboat Key; Northwest on Gulf of Mexico Dr; right into 3rd entrance of Country Club Shores; Wedge Ln on right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • List Office Head Office Key Nume: 1037306
  • RATIO Current Price By Calculate: 305.37
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Attribution Contact: 941-383-6411
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 530
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Living Area Meters: 171.13
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Pool Features: Indoor
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Lift,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 35

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Parking Pad

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Waterfront Complex
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0009100032
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-04-13T00:00:00.000

Tax Info

  • Tax Annual Amount: 4784
  • Tax Block: D
  • Tax Book Number: 0018/0017
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2015
Sold by
Smith Richard A and Smith Karoline W
Bought by
Gelber Philip M
Current Estimated Value
$1,926,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,250
Outstanding Balance
$536,328
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,446,939

Purchase Details

Listed on
Jan 31, 2012
Closed on
Apr 4, 2012
Sold by
Pettibone Douglas
Bought by
Smith Richard A and Smith Karoline W
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Roger Pettingell
COLDWELL BANKER REALTY
List Price
$562,500
Sold Price
$562,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$108,800
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving
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
Gelber Philip M $903,000 Attorney
Smith Richard A $557,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelber Philip M $677,250
Closed Gelber Philip M $677,250
Previous Owner Smith Richard A $108,800
Previous Owner Smith Richard A $417,000
Previous Owner Wrightson George D $120,000
Previous Owner Wrightson Patricia B $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2012 04/13/12 Sold $562,500 0.0% $305 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $562,500 -- $305 / 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 $10,160 $792,681 -- --
2023 $10,160 $769,593 $0 $0
2022 $9,986 $747,178 $0 $0
2021 $10,142 $725,416 $0 $0
2020 $10,216 $715,400 $573,900 $141,500
2019 $10,176 $718,700 $584,300 $134,400
2018 $10,304 $726,000 $563,400 $162,600
2017 $10,171 $733,100 $573,900 $159,200
2016 $10,548 $708,800 $568,700 $140,100
2015 $9,240 $616,400 $551,800 $64,600
2014 $8,633 $510,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3955195

Stellar MLS

APN: 0009-10-0032