531 Edlee Ln Longboat Key, FL 34228
Estimated payment $3,834/month
Total Views
1
3
Beds
2
Baths
1,241
Sq Ft
$512
Price per Sq Ft
Highlights
- Private Pool
- Traditional Architecture
- Living Room
- Anna Maria Elementary School Rated A-
- No HOA
- Ceramic Tile Flooring
About This Home
AMAZING Opportunity for any investors looking to make a serious profit or homeowners looking to fix up a home and walk into incredible equity when finished. This property has already had a good amount of work started on it including the pool pump and heater being replaced, New outdoor shower being installed, new landscaping and sod installed behind the pool, fencing, and pool being finished in early 2024. We also have an appraisal in hand from 2024 where the property appraised for $1,080,000!! Making it the perfect opportunity for all investors and savvy homeowners looking for a serious profit or serious equity!! This property will not last long, schedule a showing today!! Sold as-is
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,925
Year Built
- Built in 1963
Lot Details
- 10,001 Sq Ft Lot
- Northwest Facing Home
- Property is zoned R3SF
Parking
- 1 Carport Space
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,241 Sq Ft Home
- Living Room
- Ceramic Tile Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- Private Pool
Utilities
- Central Heating and Cooling System
- Private Sewer
Community Details
- No Home Owners Association
- A D Cox Community
- Sleepy Lagoon Subdivision
Listing and Financial Details
- Tax Lot 15A
- Assessor Parcel Number 7839800005
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $634,995 | +33.7% | $512 / Sq Ft |
| 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
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | Attorney | |
| Warranty Deed | $499,000 | First American Title Ins Co | |
| Warranty Deed | $370,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $583,800 | Small Business Administration | |
| Closed | $655,000 | VA | |
| Closed | $427,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $299,000 | Purchase Money Mortgage | |
| Previous Owner | $296,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Longboat Key, FL
Source: Stellar MLS
MLS Number: TB8413139
APN: 78398-0000-5
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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