NOT LISTED FOR SALE

537 Cutter Ln Longboat Key, FL 34228

Estimated Value: $1,928,868 - $2,467,000

3 Beds
3 Baths
2,514 Sq Ft
$859/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $799,000 $318 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $12,287/month

118 Days on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Open Floorplan
  • Southside Elementary School Rated A
  • Indoor Pool
  • Deck

About This Home

As of May 2014

103 FT. WATERFRONT WITH **NEW SEAWALL** **NEW BOAT DOCK**, THIS RENOVATED 3 BEDROOM, 3 FULL BATH, FAMILY ROOM, LIVING ROOM DINNING ROOM HOME IS **2514 SQ. FT. UNDER AIR**, NEW RESURFACED HUGE POOL WITH SCREENED LANAI, UPDATED KITCHEN CABINETS WITH NEW GRANITE COUNTER TOPS AND ACCESSORYS, NEW HOT WATER HEATER, NEWER WINDOWS WITH ROLLUP STORM SHUTTERS, NEWER ROOF AND A/C, NEW CARPET & TILE THROUGHOUT,WHOLE HOUSE IS RE PLUMBED, CIRCULER DRIVEWAY WITH NEW LANDSCAPING,PAINTED INSIDE AND OUTSIDE, LOTS OF CLOSET SPACE, DEEDED BEACH ACCESS, MINUTES FROM ST ARMAND'S CIRCLE & DOWNTOWN, IT IS VACANT, READY TO MOVE IN. POSSIBLE OWNER FINANCING

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,026

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,514 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 7 / J
  • Assessor Parcel Number 0010160002

Community Details

Overview

  • Country Club Community
  • Country Club Shores Unit 2 Subdivision
  • The community has rules related to deed restrictions, fencing

Recreation

  • Golf Course Community

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,026

Year Built

Built in 1964

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2514
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 3296
  • Lot Size Sq Ft: 12051
  • Directions to Property: FROM ST.ARMAND'S CIRCLE TAKE GULF OF MEXICO DRIVE NORTH, TURN RIGHT TO CUTTER LN. HOUSE WILL BE ON YOUR LEFT
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044454
  • RATIO Current Price By Calculate: 317.82
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 537
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Great Room,Inside Utility
  • Living Area Meters: 233.56
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Indoor, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool
  • Water Body Name: SARASOTA BAY
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Beach,Beach - Access Deeded,Canal - Saltwater,Gulf/Ocean,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Public, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf, Waterfront Complex
  • Association Amenities: Fence Restrictions, Security
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0010160002
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Oversized Lot, Street Dead-End, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-05-15T00:00:00.000

Tax Info

  • Tax Annual Amount: 8026
  • Tax Block: J
  • Tax Book Number: 0016/0029
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
May 15, 2014
Sold by
Kazanciyan Agop Jack
Bought by
White Eugene F and White Mary Nancy
List Price
$875,000
Sold Price
$799,000
Premium/Discount to List
-$76,000
-8.69%
Current Estimated Value
$2,158,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,359,967
Avg. Annual Appreciation
9.12%
Original Mortgage
$600,000
Interest Rate
4.44%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2007
Sold by
Millstein Leo and Finkelman Linda S
Bought by
Miles Group Longboat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2000
Sold by
Schubring Michael E and Schubring Deborah E
Bought by
Millstein Leo and Finkelman Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
8.11%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Pratt Harry C and Blakely Alyce M
Bought by
Schubring Michael E and Schubring Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
7.7%
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
White Eugene F $799,000 Attorney
Kazanciyan Agop Jack -- Attorney
Miles Group Longboat Llc $725,000 Attorney
Millstein Leo $375,000 --
Schubring Michael E $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed White Eugene F $600,000
Previous Owner Miles Group Longboat Llc $580,000
Previous Owner Schubring Michael E $230,272
Previous Owner Schubring Michael E $240,400
Previous Owner Millstein Leo $242,000
Previous Owner Schubring Michael E $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $799,000 0.0% $318 / Sq Ft
02/27/2014 02/27/14 Pending -- -- --
01/21/2014 01/21/14 Price Changed $799,000 -6.0% $318 / Sq Ft
12/16/2013 12/16/13 Price Changed $850,000 -2.9% $338 / Sq Ft
10/31/2013 10/31/13 For Sale $875,000 -- $348 / 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 $9,986 $781,268 -- --
2023 $9,986 $758,513 $0 $0
2022 $9,815 $736,420 $0 $0
2021 $9,969 $714,971 $0 $0
2020 $10,041 $705,100 $606,200 $98,900
2019 $9,973 $706,300 $617,300 $89,000
2018 $10,845 $766,451 $0 $0
2017 $10,230 $750,687 $0 $0
2016 $10,014 $867,600 $597,900 $269,700
2015 $10,166 $715,200 $574,000 $141,200
2014 $9,770 $491,260 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A3986951

Stellar MLS

APN: 0010-16-0002

Florida Sarasota County Longboat Key 34228

537 Cutter Ln, Longboat Key, FL

This home is located at 537 Cutter Ln, Longboat Key, FL 34228 since 31 October 2013 and is currently estimated at $2,158,967, approximately $858 per square foot. This property was built in 1964. 537 Cutter Ln is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle 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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