NOT LISTED FOR SALE

548 Lyons Ln Longboat Key, FL 34228

Estimated Value: $1,067,000 - $1,126,000

3 Beds
2 Baths
1,560 Sq Ft
$696/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,135,000 $728 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,837/month

117 Days on Market

Highlights

  • 80 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • Screened Pool
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean To Bay
  • Fish Cleaning Station

About This Home

As of June 2024

If you are looking for a tranquil island escape or a fabulous investment property in a friendly neighborhood on fabulous Longboat Key, this may be the home for you! This house has 3 bedrooms and 2 baths, a beautifully renovated kitchen with stainless appliances, and is fully furnished with a designer's touch. The great room features a wall of French doors that open to the sparkling pool, making it perfect for indoor/outdoor entertaining. It is situated on a great canal with a very short distance to the intracoastal waterway and there are no fixed bridges for a perfect day out on the water. When you return, you can relax by your pool surrounded by peaceful gardens or stroll across the street to the watch the sunset at the neighborhood beach which stretches for miles along the gorgeous Gulf of Mexico. Lyons Lane is a special street with homes only on one side and a protected wetland on the other side that will never be built on, so your views out front are just as peaceful. The North end of Longboat Key features a number of great restaurants and shopping within a short bike ride, but the shopping and nightlife of St.Armands Circle and downtown Sarasota is also available just over the bridges, making this island escape a perfect balance for a remarkable quality of life.

Last Agent to Sell the Property

JoDene Moneuse

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-383-7591 License #3352154 Listed on: 01/23/2024

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,719

Year Built

  • Built in 1959

Lot Details

  • 9,920 Sq Ft Lot
  • Lot Dimensions are 80x124
  • 80 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Irrigation
  • Bamboo Trees
  • Fruit Trees
  • Garden
  • Property is zoned R4SF

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Woods
  • Canal
  • Garden
  • Pool

Home Design

  • Ranch Style House
  • Florida Architecture
  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Skylights
  • Blinds
  • Drapes & Rods
  • Wood Frame Window
  • French Doors
  • Great Room
  • Formal Dining Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Property is near a marina
  • Access to Saltwater Canal
  • Seawall
  • Dock has access to electricity and water
  • Deeded Boat Dock
  • Open Dock
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • 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
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park 2 Subdivision

Recreation

  • Fish Cleaning Station

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,719

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1560
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2264
  • Lot Size Sq Ft: 9920
  • Directions to Property: From South Longboat Key, follow Gulf of Mexico Drive to right on Lyons Lane. Follow half way down to 548 Lyons Lane on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 727.56
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Composite,Dock - Open,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Fish Cleaning Station
  • MFR_DockYN: 1
  • Attribution Contact: 941-383-7591
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Skylight(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Drapes, Rods, Window Treatments, Wood Frames
  • Street Number Modifier: 548
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 144.93
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Screen Enclosure, Tile
  • Exterior Features: French Doors, Garden, Irrigation System, Outdoor Shower, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • View: Garden, Pool, Trees/Woods, Water
  • Water Body Name: CANAL TO SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 80
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0291F
  • Additional Water Information: No Fixed Bridges to the Gulf of Mexico

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7862800005
  • Additional Parcels: No
  • Fencing: Fenced, Wood
  • Lot Features: FloodZone, City Limits, In County, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Street Dead-End, Paved
  • Lot Dimensions: 80x124
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 922

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Rentals allowed according to the Town of Longboat Key Code.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 15719
  • Tax Book Number: 7-28
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Currency Monthly Rent Amt: 8000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Jun 21, 2024
Sold by
Theiss Margaret L and Theiss James D
Bought by
Galati Michael C and Galati Caroline H
Seller's Agent
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$1,675,000
Sold Price
$1,135,000
Premium/Discount to List
-$540,000
-32.24%
Views
53
Current Estimated Value
$1,086,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,903
Avg. Annual Appreciation
-0.70%
Original Mortgage
$567,500
Outstanding Balance
$559,328
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$565,946

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 4, 2022
Sold by
Margery L Meltzer Trust
Bought by
Margaret L Theiss & James D Theiss Merged Tru and Th James
Seller's Agent
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
List Price
$985,000
Sold Price
$975,000
Premium/Discount to List
-$10,000
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Jan 1, 2017
Bought by
Meltzer Margery L

Purchase Details

Closed on
Oct 15, 2004
Sold by
Stark Cheryl B and Meltzer Margery L
Bought by
Stark Cheryl B and Meltzer Margery L

Purchase Details

Closed on
Jan 16, 2004
Sold by
Meltzer Margery L and Margery L Meltzer Trust
Bought by
Meltzer Margery L and Margery L Meltzer Trust

Purchase Details

Closed on
Jun 5, 1995
Sold by
Bruno Phyliss Ann and Gaston Richard Charles
Bought by
Stark Cheryl B and Meltzer Margery L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.21%

Purchase Details

Closed on
Jun 14, 1993
Sold by
Vandenochtend Margaret Lynn Gaston
Bought by
Vandenochtend Gijsbertus Jan
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
Galati Michael C $1,135,000 None Listed On Document
Margaret L Theiss & James D Theiss Merged Tru $9,750 Msc Title
Meltzer Margery L $100 --
Stark Cheryl B -- --
Meltzer Margery L -- Attorney
Stark Cheryl B $180,000 --
Vandenochtend Gijsbertus Jan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galati Michael C $567,500
Previous Owner Meltzer Margery L $300,700
Previous Owner Stark Cheryl B $357,268
Previous Owner Stark Cheryl B $385,000
Previous Owner Meltzer Margery L $284,500
Previous Owner Meltzer Margery L $64,000
Previous Owner Meltzer Margery L $281,000
Previous Owner Stark Cheryl B $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,135,000 -5.3% $728 / Sq Ft
05/20/2024 05/20/24 Pending -- -- --
05/15/2024 05/15/24 Price Changed $1,199,000 -6.0% $769 / Sq Ft
03/25/2024 03/25/24 Price Changed $1,275,000 -12.1% $817 / Sq Ft
02/09/2024 02/09/24 Price Changed $1,450,000 -13.4% $929 / Sq Ft
01/23/2024 01/23/24 For Sale $1,675,000 +71.8% $1,074 / Sq Ft
01/04/2022 01/04/22 Sold $975,000 -1.0% $625 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $985,000 -- $631 / 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 $13,219 $701,147 $680,000 $21,147
2024 $13,219 $1,161,621 $680,000 $481,621
2023 $15,719 $991,799 $510,000 $481,799
2022 $10,762 $767,989 $400,000 $367,989
2021 $4,617 $527,939 $360,000 $167,939
2020 $8,815 $506,030 $350,000 $156,030
2019 $8,453 $481,030 $325,000 $156,030
2018 $0 $469,403 $325,000 $144,403
2017 $7,410 $466,950 $0 $0
2016 $3,619 $436,306 $0 $0
2015 $6,661 $427,493 $0 $0
2014 $6,661 $406,777 $0 $0
2013 $5,902 $353,719 $251,600 $102,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4596628

Stellar MLS

APN: 78628-0000-5