NOT LISTED FOR SALE

533 Forest Way Unit 533 Longboat Key, FL 34228

Estimated Value: $573,000 - $610,000

2 Beds
2.5 Baths
1,440 Sq Ft
$605/mo HOA Fee

Last Sold March 24, 2014

Last sale price $222,000 $154 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $4,319/month

174 Days on Market

Highlights

  • Fitness Center
  • Heated Indoor Pool
  • Furnished
  • Anna Maria Elementary School Rated A-
  • End Unit
  • Tennis Courts

About This Home

As of March 2014

Great investment opportunity! Reservations have already been secured for 4 months during high season. This spacious town home provides the comfort that you would want in a vacation home with approximately 1500 sq. ft. of open living space and equipped tomeet your every need. Private oversized garage. Well maintained, offered turnkey furnished and immediately ready for vacation rentals. Screened lanai overlooks serene pond and private preserves. Townhome located in a very private location yet a short walk to the Jr. Olympic sized heated pool, 10 Har-Tru tennis courts, 24 hour fitness center, clubhouse, proshop and restaurant/tiki bar through the boardwalk trail. Cedars Tennis Resort is professionally landscaped throughout with beautiful nature preserve walking trails and fishing pier. Close to famous gulf beaches, Durante Park, Downtown Sarasota, St.Armands Circle and great restaurants. Pet friendly community.

Last Agent to Sell the Property

Mary Moore

WAGNER REALTY Brokerage Phone: 941-383-5577 License #3085267 Listed on: 08/19/2013

WAGNER REALTY

Co-Listed By

Dia Wilson

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-5577 License #3234995

Last Buyer's Agent

Gene DePoris

COLDWELL BANKER REALTY License #3072281

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1990

Lot Details

  • End Unit
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Indoor Pool
  • Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, sewer, trash, water
  • Cedars West Of Longboat Inc Community
  • Cedars East Condo Sec 2 Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,562

Year Built

Built in 1990

Lot Details

0

HOA Fees

$605 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1440
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 1733
  • Lot Size Sq Ft: 313
  • Directions to Property: Heading North on GMD, Rt on Companion Way, left on Forest Way to 533
  • Status: Sold
  • Co List Office Mls Id: MFR266500032
  • Co List Office Phone: 941-383-5577
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044311
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 154.17
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Condo Fees Term: Quarterly
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Fishing,Water Access
  • Attribution Contact: 941-383-5577
  • Tax Year: 2013
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 533
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 133.78
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, Indoor
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness Center, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Maintenance, Optional Additional Fees, Tennis Court(s)
  • Association Fee: 1813.7
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Yes
  • Association Fee Requirement: Required
  • Building Name Number: 533
  • Condo Fees: 0
  • Max Pet Weight: 35
  • Monthly Condo Fee Amount: 604
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7254.80
  • Total Monthly Fees: 604.57
  • Monthly HOA Amount: 604.57

Lot Info

  • Zoning: R3MX/P
  • Parcel Number: 7927305305
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-03-24T00:00:00.000

Tax Info

  • Tax Annual Amount: 2562
  • Tax Book Number: 0024/0088
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2013
Closed on
Mar 24, 2014
Sold by
Leeming Leslie A
Bought by
Lang Stephen and Lang Doreen Theodore
Seller's Agent
Mary Moore
WAGNER REALTY
Buyer's Agent
Gene DePoris
COLDWELL BANKER REALTY
List Price
$244,900
Sold Price
$222,000
Premium/Discount to List
-$22,900
-9.35%
Current Estimated Value
$591,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,320
Avg. Annual Appreciation
8.82%
Original Mortgage
$172,000
Outstanding Balance
$128,666
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$462,654

Purchase Details

Closed on
Sep 2, 2003
Sold by
Stocks Inv Prop Ltd
Bought by
Leeming Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Franklin Susan
Bought by
Johnson Kitty Carroll
Source: Public Records

Range of Values:

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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
Lang Stephen $222,000 Attorney
Leeming Leslie A $245,000 --
Johnson Kitty Carroll $178,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Stephen $172,000
Previous Owner Leeming Leslie A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2014 03/24/14 Sold $222,000 -3.4% $154 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
10/07/2013 10/07/13 Price Changed $229,900 -6.1% $160 / Sq Ft
08/19/2013 08/19/13 For Sale $244,900 -- $170 / 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 $7,054 $207,060 -- $207,060
2024 $7,054 $552,500 -- $552,500
2023 $6,667 $514,250 $0 $514,250
2022 $5,515 $367,500 $0 $367,500
2021 $4,665 $275,000 $0 $275,000
2020 $4,736 $265,000 $0 $265,000
2019 $4,548 $265,000 $0 $265,000
2018 $4,070 $220,000 $0 $0
2017 $3,507 $210,500 $0 $0
2016 $3,249 $187,900 $0 $0
2015 $2,654 $187,900 $0 $0
2014 $2,654 $158,106 $0 $0
2013 $2,561 $153,501 $1 $153,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Moore

    WAGNER REALTY

    (941) 383-5577

    8 in this area

    35 Total Sales

    Mary Moore
    Section Image
  • Dia Wilson

    Seller Co-Listing Agent in 2014

    Dia Wilson

    Michael Saunders

    (941) 284-3667

    17 in this area

    20 Total Sales

    Dia Wilson
    Section Image
  • Gene DePoris

    Buyer's Agent in 2014

    Gene DePoris

    COLDWELL BANKER REALTY

    (941) 586-6252

    15 in this area

    44 Total Sales

    Gene DePoris
    Section Image
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Map

Source: Stellar MLS

MLS Number: M5839653

Stellar MLS

APN: 79273-0530-5

Florida Manatee County Longboat Key 34228

533 Forest Way Unit 533, Longboat Key, FL

This home is located at 533 Forest Way Unit 533, Longboat Key, FL 34228 since 19 August 2013 and is currently estimated at $591,320, approximately $410 per square foot. This property was built in 1990. 533 Forest Way Unit 533 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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