NOT LISTED FOR SALE

539 Forest Way Longboat Key, FL 34228

Estimated Value: $568,000 - $632,826

2 Beds
2.5 Baths
1,440 Sq Ft
2.11 Acres

Last Sold January 11, 2021

Last sale price $380,000 $264 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,930/month

6 Days on Market

Highlights

  • Water Access
  • Property Fronts a Bay or Harbor
  • Fishing
  • Anna Maria Elementary School Rated A-
  • Fitness Center
  • Traditional Architecture

About This Home

As of January 2021

Beautifully upgraded, well appointed & meticulously upkept Cedars Townhome!. This beautiful home is located in a prime position, in the Front section of Cedars East Tennis Resort, allowing easy access to Longboat Key's island Long bike path and the closest proximity to our pristine sugary white sands of the Gulf of Mexico. A very private location being at the end of Forest Way on a cul-de-sac, with no neighbors towering behind you allowing a very scenic natural wooded view off your covered and screened lanai. So many pristine upgrades & improvements added to this home. Beautiful newer luxury flooring flowing throughout, beautiful newer furnishings and the Upgraded Kitchen and Baths. The large open space and high ceiling is a major attraction for these townhomes. Plus easy access to the half bath right off the kitchen. The kitchen boasts new cabinet doors with hardware, Crisp quartz countertops, Stainless Steel appliances and truly well chosen marble tile backsplash. The kitchen opens right up to the dining & family room finally leading to the covered and screen lanai overlooking that natural Florida landscape. The upstairs master bedroom and bath is a beautiful oasis. Oversize bedroom with an upgraded and remodeled master bath including new open layout allowing a true dual vanity and jacuzzi tub and shower. THis rare layout gives you a true bath Room to enjoy. Beautiful tile floors and granite countertop vanities really top off this space. The guest bedroom is an excellent space with beautiful western exposure. In the hallway you will find a laundry closet close to both bedrooms & baths, with an upgraded washer and dryer. Across the hall from the laundry room you will find the guest bathroom completely redone with new tile, vanity and glass shower doors. The sellers have really out done themselves in upkeep & improvements to this property. Some of their improvements include- 2 New ACs (2016), New luxury vinyl flooring and carpeting (2016), Hardi Board concrete siding (2017), New appliances (2017), Epoxy Garage Flooring (2018) and new Garage door (2019), just to name a few. Cedars East is a 66 acre village-like townhome setting, surrounded by nature & short walk/bike ride to beach or bay. Pet friendly community w/ lit boardwalks leading through mangroves to amenities including heated Jr. Olympic Size Pool, Ten Har-Tru Tennis Courts, Club House w/ Pro-Shop & 24hr Fitness Center, Tiki bar, Fishing Pier & kayak launch. Close to area's main attractions and cultural events e.g. St. Armand’s Circle - famous for world class shopping and dining, Mote Aquarium with marine exhibits and marine/kayaking excursions, the Asolo Repertory Theatre, Van Wezel Performing Arts Center, Marie Selby Gardens, Ringling Museum Complex and numerous dining options on Longboat and in downtown Sarasota (15 minutes away). If you are golfer, there are a number of top-rated courses in nearby Bradenton and Sarasota. Spacious Condo Ownership property w/ Townhome Design. Some amenities require add'l membership to the club for use. Perfect for seasonal or year-round living. Convenient on-site rental mgmt company if desired. Sellers used property as part-time residence. When they were not occupying the home they rented the property themselves generating excellent tenants and income. Cedars is also a pet friendly community!! So, as you can see this one has it all. When you do visit, you will quickly agree & will want to call it yours!

Last Agent to Sell the Property

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650 Listed on: 12/15/2020

CENTURY 21 BEGGINS ENTERPRISES

Last Buyer's Agent

Skipper Bond

SKIPPER & ASSOCIATES, INC. License #266504259

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1990

Lot Details

  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Common or Shared Parking
  • Ground Level Parking
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 7927305453

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, maintenance repairs, manager, private road, sewer, trash, water
  • Justin Trent/Lori Gerken Association, Phone Number (941) 460-5560
  • Cedars East Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing
  • Trails

Pet Policy

  • Pets up to 35 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,736

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Manager, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Property Description: Elevated
  • Water Extras: Dock - Composite, Fishing Pier
  • Construction Materials: Block, Cement Siding, Wood Frame
  • Living Area: 1440.00
  • Year Built: 1990
  • Building Area Total: 2268.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486329?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486329?w=Customer
  • Building Search Sq Meters: 210.70
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486329?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Inside Utility
  • Flooring: Carpet, Porcelain Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds
  • Living Area Meters: 133.78

Exterior Features

  • Direction Faces: West
  • Additional Water Information: Community has large frontage on Sarasota Bay. Bay beach access in community along with community dock/fishing pier.
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 530
  • Water Access: Bay/Harbor, Gulf/Ocean to Bay, Intracoastal Waterway
  • Exterior Features: Balcony, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0291E
  • Water Access: Yes
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common, Garage Door Opener, Ground Level, Guest, Open, Oversized, Tandem

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Cedars East
  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts, Water Access, Waterfront
  • Pet Restrictions: See community bylaws.
  • Condo Fees: 1867
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 35
  • Monthly Condo Fee Amount: 622
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Cable, Maintenance, Pool, Trails
  • Association Name: Justin Trent/Lori Gerken
  • Phone: 941-460-5560x315
  • Security: Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • Association Email: lorigerken@mgmt.tv
  • Association Website: http://www.lighthousepropertymanagement.net

Fee Information

  • Amenities Additional Fees: Membership to the Cedars Tennis + Fitness is required for the use of the tennis courts, members club room and fitness center.
  • Waterfront Frontage: 530
  • Total Annual Fees: 7468.00
  • Total Monthly Fees: 622.33

Schools

  • Elementary School: Anna Maria Elementary
  • Middle School: Martha B. King Middle
  • High School: Bayshore High
  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Total Acreage: Non-Applicable
  • Zoning: R3MX/PC
  • Parcel Number: 7927305453
  • Lot Features: Cul-De-Sac, FloodZone, Near Golf Course, Street Paved
  • Property Attached Yn: Yes

Rental Info

  • Minimum Lease: 2 Weeks
  • Exist Lse Tenant: Yes
  • Additional Lease Restrictions: See community bylaws.
  • Furnished: Furnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Tax Info

  • Tax Annual Amount: 4736.00
  • Tax Book Number: 1279-1906
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Howell Mark J and Bernardi Nicole M
Bought by
Cooper Seth and Cooper Amanda
Current Estimated Value
$605,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$282,070
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$323,637

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 5, 2021
Sold by
Oreilly Neville E and Oreilly Margaret E
Bought by
Howell Mark J and Bernardi Nicole M
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Skipper Bond
SKIPPER & ASSOCIATES, INC.
List Price
$369,000
Sold Price
$380,000
Premium/Discount to List
$11,000
2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jun 15, 2016
Sold by
Parker Mark R and Parker Amanda R
Bought by
Reilly Neville E O and Reilly Margaret E O

Purchase Details

Closed on
Dec 18, 2007
Sold by
Herpst Gregg L
Bought by
Parker Mark R and Parker Amanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1999
Sold by
Batarseh Samira J
Bought by
Herpst Gregg L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Cooper Seth $465,000 Attorney
Howell Mark J $380,000 Attorney
Reilly Neville E O $300,000 None Available
Parker Mark R $340,000 Attorney
Herpst Gregg L $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Seth $311,250
Previous Owner Parker Mark R $110,000
Previous Owner Herpst Gregg L $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $380,000 +3.0% $264 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $369,000 -- $256 / 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 $8,733 $238,119 -- $238,119
2024 $8,733 $633,250 -- $633,250
2023 $8,224 $586,500 $0 $586,500
2022 $5,252 $414,750 $0 $414,750
2021 $5,042 $310,000 $0 $310,000
2020 $4,736 $265,000 $0 $265,000
2019 $4,548 $265,000 $0 $265,000
2018 $0 $220,000 $0 $0
2017 $1,967 $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: A4486329

Stellar MLS

APN: 79273-0545-3