Seller's Agent in 2019
Shayla Twit
CORCORAN DWELLINGS REALTY
(941) 544-7690
31 in this area
93 Total Sales
531 Edlee Ln Longboat Key, FL 34228
Estimated Value: $679,837 - $705,000
3
Beds
2
Baths
1,241
Sq Ft
$559/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Parking available for a boat
- Public Beach
- Anna Maria Elementary School Rated A-
- Water access To Gulf or Ocean
- View of Trees or Woods
About This Home
As of July 2019LOWEST PRICE IN SLEEPY LAGOON. Located on the Manatee County side of Longboat Key, this relaxed neighborhood of 269 single homes along both sides of Gulf of Mexico Dr is so appropriately deemed Sleepy Lagoon for it's quiet & peaceful vibe. While easy to miss without signage, the community extends from Edlee Ln to Shinbone Alley on the bayside and to the West on Gulfside Rd. Both the architectural styles & price ranges vary wildly, you will notice 1-to-3 story residences, ultra modern new builds, to West Indies uber mansions. You'll find a boat ramp at the end of this street and an easy 4-5 min walk to the beach access just NW of the property and across GOM Dr at the end of Gulfside Rd. "Small town" atmosphere with dogs being walked daily, neighbors out for jogs or bike rides etc. Nearby you'll also find Cannons Marina, Cedars East Tennis Resort where one could join if tennis is up your alley. And the Bayfront Park, where you can launch kayaks and canoes, play tennis or enjoy in the paw park, Harry's Continental Kitchen and Publix! This charming mid century home is situated as the 4th home from GOM Dr & welcomes you w/shady mango trees on almost a quarter acre parcel of land. Don't forget the side wooden deck and rear paver gathering area with fire pit! And picnic table too! Great for just the land value to build your dream beach home, or use as an existing rental property or second home, this comes fully furnished. AC unit '18. Shingle roof '05. Original windows. Rental history of $30k/yr gross.
Last Agent to Sell the Property
CORCORAN DWELLINGS REALTY License #3025227 Listed on: 04/09/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,337
Year Built
- Built in 1963
Lot Details
- 10,000 Sq Ft Lot
- Lot Dimensions are 100x100
- Public Beach
- South Facing Home
- Mature Landscaping
- Fruit Trees
- Wooded Lot
- Property is zoned R3SF
Property Views
- Woods
- Garden
Home Design
- Florida Architecture
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,241 Sq Ft Home
- 1-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Sun or Florida Room
- Ceramic Tile Flooring
Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
Parking
- 2 Carport Spaces
- Driveway
- Open Parking
- Parking available for a boat
Outdoor Features
- Outdoor Shower
- Water access To Gulf or Ocean
- Property is near a marina
- Boat Ramp
- Enclosed patio or porch
- Outdoor Storage
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- Property is near public transit
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
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 15A
- Assessor Parcel Number 7839800005
Community Details
Overview
- No Home Owners Association
- Sleepy Lagoon Community
- Sleepy Lagoon Subdivision
- Rental Restrictions
- Greenbelt
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2019
Closed on
Jul 8, 2019
Sold by
Oboyle Patrick and Oboyle Geraldine
Bought by
Laurent Christopher L and Laurent Donna C
Seller's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
Buyer's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
List Price
$525,000
Sold Price
$475,000
Premium/Discount to List
-$50,000
-9.52%
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
$265,048
Avg. Annual Appreciation
6.43%
Original Mortgage
$427,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 5, 2005
Sold by
Valente Tina and Patton David D
Bought by
Oboyle Patrick and Oboyle Geraldine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2004
Sold by
Cuthbertson Hugh A and Cuthbertson Sally L
Bought by
Valente Tina and Patton David D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Laurent Christopher L | $475,000 | Attorney | |
| Oboyle Patrick | $499,000 | First American Title Ins Co | |
| Valente Tina | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Laurent Christopher Leon | $583,800 | |
| Closed | Laurent Christopher L | $655,000 | |
| Closed | Laurent Christopher L | $427,500 | |
| Previous Owner | Oboyle Patrick | $299,000 | |
| Previous Owner | Valente Tina | $296,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2019 07/08/19 | Sold | $475,000 | -4.8% | $383 / Sq Ft |
| 05/21/2019 05/21/19 | Pending | -- | -- | -- |
| 04/30/2019 04/30/19 | Price Changed | $499,000 | -5.0% | $402 / Sq Ft |
| 04/09/2019 04/09/19 | For Sale | $525,000 | -- | $423 / 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 | $3,925 | $748,992 | $353,600 | $395,392 |
| 2023 | $9,143 | $731,833 | $340,000 | $391,833 |
| 2022 | $6,295 | $442,398 | $192,000 | $250,398 |
| 2021 | $6,044 | $342,247 | $176,000 | $166,247 |
| 2020 | $5,878 | $313,549 | $160,000 | $153,549 |
| 2019 | $5,373 | $280,920 | $160,000 | $120,920 |
| 2018 | $5,338 | $275,420 | $160,000 | $115,420 |
| 2017 | $4,449 | $267,977 | $0 | $0 |
| 2016 | $4,618 | $274,837 | $0 | $0 |
| 2015 | $3,759 | $268,015 | $0 | $0 |
| 2014 | $3,759 | $223,960 | $0 | $0 |
| 2013 | $3,660 | $219,360 | $118,900 | $100,460 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Stellar MLS
MLS Number: A4432171
APN: 78398-0000-5
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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