NOT LISTED FOR SALE

535 Sanctuary Dr Unit C708 Longboat Key, FL 34228

Estimated Value: $2,995,000 - $4,402,000

2 Beds
3 Baths
2,375 Sq Ft
$1,685/mo HOA Fee

Last Sold February 19, 2014

Last sale price $1,805,000 $760 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $22,535/month

23 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Fitness Center
  • Full Gulf or Ocean Views

About This Home

As of February 2014

Step through the double doors and enjoy the breath taking views of the beautiful Gulf beaches, Bay, Ringling Bridge and Downtown Sarasota from the wrap around terrace in this fabulous 2BR+Den/3BA,furnished, southwest corner, 7th floor residence. Gorgeousmarble floors guide you throughout the main living areas. Living room/Dining room combo includes built in buffet and sideboard with marble tops. Step into the comfy Gulf-front Den with built in desk and book cases and room for large flat-screen TV. Off the main foyer step through the glass block entry into the master suite with spanning gulf views and terrace walk out; also includes large walk in closet with custom built ins. Master bath boasts two large vanities and sinks, garden tub and separate shower.Water closet in master bath has been modified to include an additional vanity area. Views continue to the east and into downtown from the second bedroom en-suite which includes more custom closet space, corner shower, and generously sized porcelain topvanity. Powder room upgraded to a third bath and includes corner shower with black marble floors and vanity. Very open kitchen with large island, stainless steel appliances, Corian counter tops, cabinets galore and terrace access; kitchen with a view! Crown moulding throughout home, built in sound system, ceiling fans, and lots of storage space. Includes parking space #299 and storage locker #41.

Last Agent to Sell the Property

Bruce Myer

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0342109 Listed on: 12/09/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Beth Lancaster-Collins

CORCORAN DWELLINGS REALTY License #0690784

CORCORAN DWELLINGS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,899

Year Built

  • Built in 1990

Lot Details

  • Beach Front
  • 1,000 Feet of Waterfront
  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $1,685 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • Full Gulf or Ocean
  • Full Bay or Harbor
  • Golf Course

Home Design

  • Slab Foundation
  • Shake Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Double Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • 3-Month Minimum Lease Term
  • Assessor Parcel Number 0011083055

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, ground maintenance, management, pest control, private road, recreational facilities, security, sewer, trash, water
  • Sanctuary Onsite Office 941 383 6021 Association
  • Sanctuary Community
  • Sanctuary IV Subdivision
  • Association Owns Recreation Facilities
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,899

Year Built

Built in 1990

Lot Details

0

HOA Fees

$1,685 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Grounds, Management, Pest Control, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2375
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3125
  • Directions to Property: NORTH ON GMD FROM SOUTH LBK BRIDGE. LEFT INTO LONGBOAT KEY CLUB ISLANDSIDE TO SANCTUARY ON LEFT. LEFT AFTER GUARD TO FAR FRONT BUILDING.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 7
  • List Office Head Office Key Nume: 1037306
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 760.00
  • Total Acreage: Non-Applicable
  • Water Access YN: 1
  • Condo Fees Term: Quarterly
  • Property Description: Corner Unit,Elevated,High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 535
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Foyer,Inside Utility,Storage Rooms
  • Living Area Meters: 220.65
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, Indoor, Salt Water
  • Exterior Features: Balcony
  • Roof: Membrane, Shake
  • Home Warranty: No
  • Pool Private: No
  • View: Golf Course, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 1000

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Secured, Underground

Utilities

  • Utilities: Cable Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness Center, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Name: SANCTUARY- ONSITE OFFICE 941-383-6021
  • Association: No
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: small
  • Association Fee Requirement: None
  • Building Name Number: SANCTUARY 4
  • Condo Fees: 5056
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 1685
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 20224.00
  • Total Monthly Fees: 1685.33
  • Monthly HOA Amount: 1685.33

Schools

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

Lot Info

  • Parcel Number: 0011083055
  • Additional Parcels: No
  • Lot Features: Private
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-02-19T00:00:00.000

Tax Info

  • Tax Annual Amount: 13899
  • Tax Book Number: 0028/0048

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2013
Closed on
Feb 19, 2014
Sold by
Higgins Joseph and Higgins Ann
Bought by
Roland Ernest T and The Ernest & Darcy R Roland Living Trust
Seller's Agent
Bruce Myer
COLDWELL BANKER REALTY
Buyer's Agent
Beth Lancaster-Collins
CORCORAN DWELLINGS REALTY
List Price
$1,799,000
Sold Price
$1,805,000
Premium/Discount to List
$6,000
0.33%
Current Estimated Value
$3,386,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,581,087
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Kamiel Jerald
Bought by
Higgins Joseph and Higgins Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2007
Sold by
834564 Ontario Ltd
Bought by
Kamiel Jerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2002
Sold by
Kornblum Harvey
Bought by
Kornblum Harvey and Kornblum Gay Klearman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.93%

Purchase Details

Closed on
Aug 4, 1997
Sold by
Kornblum Harvey and Kornblum Gay Klearman
Bought by
Kornblum Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 14, 1997
Sold by
Johnson John R and Johnson Pegi H
Bought by
Kornblum Harvey and Kornblum Gay Klearman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.87%
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
Roland Ernest T $1,805,000 Attorney
Higgins Joseph $2,200,000 Attorney
Kamiel Jerald $1,800,000 Attorney
Kornblum Harvey -- --
Kornblum Harvey -- --
Kornblum Harvey $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Joseph $1,700,000
Previous Owner Kamiel Jerald $1,000,000
Previous Owner Kornblum Harvey $300,700
Previous Owner Kornblum Harvey $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2014 02/19/14 Sold $1,805,000 +0.3% $760 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $1,799,000 -- $757 / 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 $30,521 $2,055,304 -- --
2023 $30,521 $2,659,600 $0 $2,659,600
2022 $26,810 $2,199,500 $0 $2,199,500
2021 $23,339 $1,640,000 $0 $1,640,000
2020 $21,190 $1,403,800 $0 $1,403,800
2019 $22,791 $1,550,200 $0 $1,550,200
2018 $22,052 $1,488,800 $0 $1,488,800
2017 $22,358 $1,488,800 $0 $1,488,800
2016 $22,803 $1,488,800 $0 $1,488,800
2015 $22,905 $1,466,800 $0 $1,466,800
2014 $18,986 $949,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3989123

Stellar MLS

APN: 0011-08-3055