NOT LISTED FOR SALE

541 Chipping Ln Longboat Key, FL 34228

Estimated Value: $1,546,000 - $2,159,000

3 Beds
2 Baths
2,036 Sq Ft
$920/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,075,000 $528 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,427/month

103 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Dock made with wood
  • Boat Lift
  • Southside Elementary School Rated A
  • Access to Bay or Harbor
  • Public Beach

About This Home

As of October 2020

Updated to perfection! Charming sailboat waterfront home in Country Club Shores, close to the point on south Longboat Key. No Bridges to Bay to or the Gulf of Mexico! Split 3 BR/2 BA floor plan for optimal privacy for owner and guest. Home has notable upgrades throughout which are evident as you walk through the double doors. NEW in 2016: hurricane impact windows, front doors & floor to ceiling sliding walls of glass throughout, NEW ceramic tile flooring throughout, impact garage door. Very stylish & timeless! Spacious living room w/walls of pocket floor to ceiling sliding glass overlooking water - bring the outdoors in! Dining room is perfect for creating memories w/friends & family. Kitchen updated in 2016 includes new stylish backsplash & light granite countertops that extend outside for additional bar top seating bringing the outdoors in. The kitchen appliances are stainless steel. Just past the kitchen is the private master wing w/generous walk-in closet adorned w/sliding barn doors, spacious bedroom w/electric shades, sliding glass to lanai & windows that open far to enjoy a nice bay breeze as you drift asleep. 2 generous guest bedrooms both w/large walk in closets & share updated bathroom. Enjoy the best the Florida has to offer outside w/pool overlooking water, covered lanai, lush green grass for family to play or pets, & new in 2016 dock w/7,500lbs boat lift. Country Club Shores is composed of single family homes on 19 streets, w/distinctive nautical or golf related names. St. Armands Circle for boutique shopping, dining, art festivals and events. Minutes past St. Armands Circle are the culture venues of downtown Sarasota w/opera, theater, museums, world class dining, nightlife, farmers markets and art festivals. This home is your casually elegant coastal dream!

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 06/09/2020

COLDWELL BANKER REALTY

Last Buyer's Agent

Bruce Myer

COLDWELL BANKER REALTY License #0342109

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Public Beach
  • Street terminates at a dead end
  • Southeast Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,036 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Softener
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Country Club Shores Community
  • Country Club Shores Sec 03 Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$313

Year Built

Built in 1967

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2036
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 3118
  • Lot Size Sq Ft: 11247
  • Directions to Property: From Gulf of Mexico Drive turn east into Country Club Shores V , turn on to Chipping Lane. House is on the left side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469200?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4469200?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89958
  • Price per Sq Ft: 528
  • Close to Original List Price Ratio: 0.89958
  • Ratio: Current Price\Building Area Total: 344.77
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Window Features: Insulated Windows, Thermal Windows
  • Street Number Modifier: 541
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Concrete
  • Water View: Canal
  • Water Access: Bay/Harbor, Beach - Public, Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 100
  • Monthly HOA Fee: 8.33
  • Total Monthly Fees: 8.33

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0009100010
  • Additional Parcels: No
  • Lot Features: City Lot, Near Golf Course, Near Marina, Near Public Transit
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: Optional
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month minimum, 12 times per year

Tax Info

  • Tax Annual Amount: 313
  • Tax Block: H
  • Tax Book Number: 18-28
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Oct 29, 2020
Sold by
Baez Vicente and Baez Diane Elaine
Bought by
Green James W and Green Patricia P
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$1,195,000
Sold Price
$1,075,000
Premium/Discount to List
-$120,000
-10.04%
Current Estimated Value
$1,873,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,883
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Burris Terry and Burris Carol M
Bought by
Baez Vicente and Baez Diane Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Closed on
Dec 12, 2013
Sold by
Moorehead Brett S
Bought by
Burris Terry and Burris Carol M
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
Green James W $1,075,000 Parker Williams
Baez Vicente $784,000 Attorney
Burris Terry $160,000 Attorney
Burris Terry -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baez Vicente $599,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $1,075,000 -10.0% $528 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $1,195,000 0.0% $587 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $1,195,000 0.0% $587 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $1,195,000 -- $587 / 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 $17,340 $1,760,362 -- --
2023 $17,340 $1,318,798 $0 $0
2022 $17,462 $1,311,700 $1,208,200 $103,500
2021 $11,858 $811,100 $750,300 $60,800
2020 $3,856 $618,700 $581,200 $37,500
2019 $0 $628,600 $591,800 $36,800
2018 $0 $661,047 $0 $0
2017 $9,017 $639,327 $0 $0
2016 $9,247 $619,700 $576,000 $43,700
2015 $9,017 $601,500 $555,700 $45,800
2014 $8,541 $524,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4469200

Stellar MLS

APN: 0009-10-0010