NOT LISTED FOR SALE

548 Spinnaker Ln Longboat Key, FL 34228

Estimated Value: $1,740,000 - $2,108,681

3 Beds
2 Baths
2,038 Sq Ft
$965/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,260,000 $618 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,204/month

25 Days on Market

Highlights

  • 115 Feet of Waterfront
  • Dock made with wood
  • Heated In Ground Pool
  • Southside Elementary School Rated A
  • Deeded access to the beach
  • Fishing

About This Home

As of August 2020

Situated just three homes to the bay, this marvelously renovated Ranch-style home has been reconfigured to the highest standards by Longboat Key Constructors & Design. Appreciating bay views, enjoy watching boats and sea life from the comforts of your home, screened lanai, and refreshing pool. Gorgeous new landscaping surrounding the property accentuates the new interiors with vibrant views from the hurricane impact glass windows. Wood-like tile floors allow you to flow through the open concept floorplan of the living room, dining, and kitchen. Spacious and well-appointed, the kitchen will inspire culinary masterpieces with its granite countertops, expansive breakfast bar, island, and top-grade stainless appliances including a Wolf gas range and SubZero refrigerator. Offering form and function, a hallway between the garage and laundry room with new washer and dryer features a sink and can be fashioned as a pantry for extra storage. Two guest bedrooms are on the opposite side of the home and split from the master suite for privacy. A statement of serenity, the master is spacious and quiet with two walk-in organized closets, and en-suite bath with dual sinks and walk-in shower. Experience the luxury of Florida living, swimming year-round in the natural gas heated pool, and sitting by the water’s edge. The list of updates thoughtfully implemented in this home is extensive and meant to provide a haven of true bliss.

Last Agent to Sell the Property

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579 Listed on: 06/16/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

jeffrey Rhinelander

COLDWELL BANKER REALTY License #3290847

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,980

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 115x104
  • 115 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Full Bay or Harbor
  • Canal
  • Pool

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,038 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Storm Windows

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Lighting

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Dock made with wood
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near a golf course
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Lynn Cook Association
  • Country Club Shores Community
  • Country Club Shores Sec 02 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,980

Year Built

Built in 1964

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2038
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 3120
  • Lot Size Sq Ft: 12145
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to Country Club Shores, Right on Spinnaker Lane.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468923?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468923?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.96998
  • Price per Sq Ft: 618.25
  • Close to Original List Price Ratio: 0.96998
  • Ratio: Current Price\Building Area Total: 403.85
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 548
  • Room Count: 6
  • Additional Rooms: Family Room, Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting
  • Exterior Features: Fenced, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Partial, Canal
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water Extras: Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0126F
  • Waterfront Frontage: 115
  • Water Frontage Feet Canal Salt: 115
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sprinkler Meter, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Golf Carts OK, Sidewalk, Water Access, Waterfront
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association Name: Lynn Cook
  • Association: Yes
  • Senior Community: No
  • Association Email: lynncookny@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0010070017
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Flood Insurance Required, FloodZone, City Lot, Near Golf Course
  • Lot Dimensions: 115x104
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 mo min rentals allowed, 123 times per year.

Tax Info

  • Tax Annual Amount: 11980
  • Tax Block: G
  • Tax Book Number: 17-21
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Aug 14, 2020
Sold by
Longboat Key Llc
Bought by
Trading Waves Fl Llc
Seller's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
jeffrey Rhinelander
COLDWELL BANKER REALTY
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%
Current Estimated Value
$1,966,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,420
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Rosenthal Lois M and Rosenthal Jerome C
Bought by
Longboat Key Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
2.5%
Mortgage Type
Seller Take Back
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
Trading Waves Fl Llc $1,260,000 Attorney
Longboat Key Llc $1,065,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longboat Key Llc $830,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $1,260,000 0.0% $618 / Sq Ft
07/11/2020 07/11/20 Pending -- -- --
07/07/2020 07/07/20 Off Market $1,260,000 -- --
06/19/2020 06/19/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $1,299,000 -- $637 / 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 $21,304 $1,183,164 -- --
2023 $21,304 $1,859,400 $1,447,100 $412,300
2022 $18,855 $1,611,500 $1,334,500 $277,000
2021 $15,222 $1,041,400 $828,500 $212,900
2020 $12,058 $795,800 $670,400 $125,400
2019 $11,980 $797,500 $683,100 $114,400
2018 $13,424 $898,000 $659,400 $238,600
2017 $12,696 $822,130 $0 $0
2016 $10,450 $702,100 $650,000 $52,100
2015 $10,138 $676,300 $623,000 $53,300
2014 $9,562 $573,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4468923

Stellar MLS

APN: 0010-07-0017