NOT LISTED FOR SALE

538 Bayview Dr Longboat Key, FL 34228

Estimated Value: $974,189 - $1,316,000

3 Beds
2 Baths
1,691 Sq Ft
$687/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $455,000 $269 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $7,242/month

133 Days on Market

Highlights

  • Boat Lift
  • Saltwater Pool
  • Deck
  • Anna Maria Elementary School Rated A-
  • Canal View
  • Wood Flooring

About This Home

As of January 2013

Short Sale; approval of the owner(s) of record lenders(s) may be conditioned upon the gross commission being reduced, any reduction of the gross compensation will be split 50/50 between listing and cooperating brokers. 3/2 canal front home offers many possibilities with renovated kitchen and newer pool/spa are perfect for entertaining. Great location, income potential and access to gulf. Seller to select closing agent and pay for owners title insurance policy, search and exam. Sold as is with right to inspect.

Last Agent to Sell the Property

LISA DARLEY

LIMBO COMPANY SARASOTA ASSOC License #3036173 Listed on: 05/17/2012

Last Buyer's Agent

Suzanne Richardson

S & D REAL ESTATE SERVICE LLC License #3216251

S & D REAL ESTATE SERVICE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 1963

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100.0x100.0
  • Property fronts a saltwater canal
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,691 Sq Ft Home
  • Sliding Doors
  • Canal Views
  • Stone Countertops

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Saltwater Pool
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deck
  • Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bayview Estates Community
  • Bayview Ests Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,491

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1691
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2580
  • Lot Size Sq Ft: 10000
  • Directions to Property: Go North on Gulf of Mexico Drive to Right on Bayview Drive
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3960575&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3960575&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 7858700
  • Ratio: Close Price\List Price: 0.92876
  • Price per Sq Ft: 269.07
  • Close to Original List Price Ratio: 0.00912
  • Ratio: Current Price\Building Area Total: 176.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Stone Counters
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Street Number Modifier: 538
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, Salt Water
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Lift, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7861500002
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100.0X100.0
  • Millage Rate: 16.91
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-01-15T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 5491
  • Tax Book Number: 0291/0100
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2012
Closed on
Jan 15, 2013
Sold by
Ferris Kristopher Scott and Ferris Tanya D
Bought by
Hurban Cornelia H
Seller's Agent
LISA DARLEY
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Suzanne Richardson
S & D REAL ESTATE SERVICE LLC
List Price
$489,900
Sold Price
$455,000
Premium/Discount to List
-$34,900
-7.12%
Current Estimated Value
$1,161,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,297
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Glynn Brian P and Glynn Margaret Ann
Bought by
Ferris Kristopher Scott and Ferris Tanya D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Cendant Mobility Finl Corp
Bought by
Glynn Brian P and Glynn Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.67%

Purchase Details

Closed on
Jun 26, 2002
Sold by
Samuelsen Severin A and Samuelsen Christine Lochner
Bought by
Cendant Mobility Finl Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.67%

Purchase Details

Closed on
Apr 22, 2002
Sold by
Samuelsen Severin A and Samuelsen Christine Lochner
Bought by
Cendant Mobility Finl Corp
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
Hurban Cornelia H $455,000 Attorney
Ferris Kristopher Scott $780,000 Attorney
Glynn Brian P $335,000 --
Cendant Mobility Finl Corp -- --
Cendant Mobility Finl Corp $381,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferris Kristopher Scott $624,000
Previous Owner Cendant Mobility Finl Corp $322,700
Previous Owner Cendant Mobility Finl Corp $63,000
Previous Owner Cendant Mobility Finl Corp $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2013 01/15/13 Sold $455,000 -7.1% $269 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $489,900 -- $290 / 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 $13,030 $479,254 $442,000 $37,254
2024 $13,030 $1,006,188 $442,000 $564,188
2023 $12,865 $1,022,371 $442,000 $580,371
2022 $10,567 $725,299 $350,000 $375,299
2021 $8,740 $516,323 $260,000 $256,323
2020 $8,676 $485,382 $250,000 $235,382
2019 $8,721 $485,382 $250,000 $235,382
2018 $8,629 $473,716 $250,000 $223,716
2017 $7,342 $464,190 $0 $0
2016 $6,690 $400,355 $0 $0
2015 $6,427 $403,387 $0 $0
2014 $6,427 $382,874 $0 $0
2013 $5,451 $329,234 $199,600 $129,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3960575

Stellar MLS

APN: 78615-0000-2