NOT LISTED FOR SALE

535 Forest Way Unit 535 Longboat Key, FL 34228

Estimated Value: $569,000 - $608,000

2 Beds
2.5 Baths
1,440 Sq Ft
$413/Sq Ft Est. Value

Last Sold February 06, 2014

Last sale price $215,000 $149 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $4,468/month

237 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • View of Trees or Woods
  • Anna Maria Elementary School Rated A-
  • Fishing
  • Open Floorplan

About This Home

As of February 2014

Cedars Tennis Resort is an active tennis community situated alongside world famous beaches on beautiful Longboat Key. This spacious 2 bedroom 2.5 bathroom townhome sits atop the private oversized garage. The main floor's living room, dining room & lanaioverlook the private & peaceful mangroves, as well as the oversized master bedroom. Open floor plan with lots of room in the kitchen including a breakfast bar. Many windows throughout providing plenty of light & brightness to enjoy the amazing Floridanature & sunshine. Offered turnkey furnished and is ready to move into or use as a family getaway. Also has great rental history if you should choose to rent out as a vacation rental. New windows, updated kitchen appliances and a/c's have been replaced. Situated in a great location with just a short walk on the lighted boardwalk trail which leads directly to the 10 lighted Har-Tru tennis courts, junior Olympic sized heated pool, 24 hour fitness center, clubhouse, pro-shop and on-site restaurant. Complex is beautifully & professionally landscaped throughout with beautiful nature preserve walking trails & fishing pier. Cedars is a pet friendly community & centrally located close to some of the finest restaurants, world class shopping & everything to enjoy the island lifestyle. Besides tennis, Longboat Key offers extensive opportunities such as golf, parasailing, kayaking, fishing, powerboats, jet skis and of course Longboat Key's beautiful white sand beaches & clear gulf waters.

Last Agent to Sell the Property

Mary Moore

WAGNER REALTY Brokerage Phone: 941-383-5577 License #3085267 Listed on: 05/25/2013

WAGNER REALTY

Co-Listed By

Dia Wilson

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

Last Buyer's Agent

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650

CENTURY 21 BEGGINS ENTERPRISES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 1990

Lot Details

  • 313 Sq Ft Lot
  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $605 Monthly HOA Fees

Parking

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

Property Views

  • Woods
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include cable TV, pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Lighthouse Management Association
  • Cedars East Condos
  • Cedars West Of Longboat Inc Community
  • Cedars East Condo Sec 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

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, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • 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: North on GMD to Rt on Companion Way, Left on Forest Way to #535 near the end of Forest Way
  • Status: Sold
  • Co List Office Mls Id: MFR266500032
  • Co List Office Phone: 941-383-5577
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044311
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 149.31
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Property Description: End Unit
  • MFR_CommunityAssociationWaterFeatures: Fishing
  • Attribution Contact: 941-383-5577
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, 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, Rods, Window Treatments
  • Street Number Modifier: 535
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 133.78
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Pool Features: Heated, Other
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • 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: Cable Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Maintenance, Optional Additional Fees, Tennis Court(s)
  • Association Fee: 1813.75
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name Nccb: CEDARS EAST
  • Pet Restrictions: yes
  • Association Fee Requirement: Required
  • Building Name Number: 535
  • Max Pet Weight: 35
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 7255.00
  • Total Monthly Fees: 604.58

Lot Info

  • Zoning: R3MX/P
  • Parcel Number: 7927305354
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Near Public Transit, Street Dead-End, Paved, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0400

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-02-06T00:00:00.000

Tax Info

  • Tax Annual Amount: 2562
  • Tax Book Number: 0024/0088
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Phillips Cunnick Carl and Phillips Louise Jane
Bought by
Ospreys Nest Lbk Llc
Current Estimated Value
$594,244

Purchase Details

Closed on
May 29, 2018
Sold by
Kondrat Patrick and Kondrat Mary
Bought by
Phillips Cunnick Carl and Davies Louise Jane

Purchase Details

Listed on
May 25, 2013
Closed on
Feb 6, 2014
Sold by
Neupert Elizabeth Anne
Bought by
Kondrat Patrick and Kondrat Mary
Seller's Agent
Mary Moore
WAGNER REALTY
Buyer's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Dec 7, 2007
Sold by
Neupert David and Neupert Elizabeth
Bought by
Neupert Elizabeth Anne

Purchase Details

Closed on
May 21, 2004
Sold by
535 Forest Way Llc
Bought by
Neupert David and Neupert Elizabeth

Purchase Details

Closed on
Jun 26, 2002
Sold by
Parbhakar Kanwal and Parbhakar Romila
Bought by
535 Forest Way L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ospreys Nest Lbk Llc $645,000 --
Phillips Cunnick Carl $315,000 Wr Title Services Llc
Kondrat Patrick $215,000 Longboat Title Services Lc
Neupert Elizabeth Anne -- None Available
Neupert David $322,500 --
535 Forest Way L L C $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 535 Forest Way L L C $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2014 02/06/14 Sold $215,000 -10.0% $149 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
10/16/2013 10/16/13 Price Changed $239,000 0.0% $166 / Sq Ft
10/16/2013 10/16/13 For Sale $239,000 -4.0% $166 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $249,000 -- $173 / 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 $8,660 $207,060 -- $207,060
2024 $8,660 $552,500 -- $552,500
2023 $8,273 $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 $4,761 $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

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Map

Source: Stellar MLS

MLS Number: M5837881

Stellar MLS

APN: 79273-0535-4