NOT LISTED FOR SALE

550 Buttonwood Dr Longboat Key, FL 34228

Estimated Value: $2,657,000 - $3,195,000

4 Beds
3 Baths
4,390 Sq Ft
$664/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $2,175,000 $495 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $18,071/month

17 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • Screened Pool
  • Southside Elementary School Rated A
  • Water Access
  • New Construction

About This Home

As of April 2021

Brand new construction on Longboat Key is a special treat and this just built (2021) home is a wonderful representation of luxury living, steps from pristine beach shores.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY License #0499842 Listed on: 02/19/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650

CENTURY 21 BEGGINS ENTERPRISES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.27 Acre Lot
  • Street terminates at a dead end
  • North Facing Home
  • Oversized Lot
  • Level Lot
  • Metered Sprinkler System
  • Cleared Lot
  • Landscaped with Trees
  • Vegetable Garden

Parking

  • 3 Car Attached Garage
  • Split Garage
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking

Property Views

  • Water
  • Woods
  • Pool

Home Design

  • Custom Home
  • Florida Architecture
  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,390 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Thermal Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Shade Shutters
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Storage Room
  • Utility Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Hurricane Insurance Deduction Qualified
  • Fire Resistant Exterior
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Outdoor Shower
  • Pool Alarm
  • Child Gate Fence
  • Fiber Optic Pool Lighting
  • Pool Sweep
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water Access
  • Property is near a marina
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36-38
  • Assessor Parcel Number 0005080016

Community Details

Overview

  • Built by J & C BUILDERS
  • Longboat Shores Subdivision, The East Spec Floorplan
  • Longboat Shores Community

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Elevated, Florida
  • Property Description: Elevated, Walk-Up
  • Disaster Mitigation: Above Flood Plain, Fire Resistant Exterior, Fire/Smoke Detection Integration, Hurricane Insur. Deduction Qual., Hurricane Shutters/Windows
  • Green Landscaping: Veg. (Productive) Garden
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4390.00
  • Lot Size Acres: 0.27
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 6701.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491326?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491326?w=Customer
  • Lot Size Sq Ft: 11524
  • Building Search Sq Meters: 622.54
  • Directions to Property: Gulf of Mexico North, right onto Buttonwood Dr, House is on the right.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Room Count: 12
  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room, Inside Utility, Loft, Storage Rooms
  • Flooring: Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: ENERGY STAR Qualified Windows, Low Emissivity Windows, Thermal Windows
  • Living Area Meters: 407.84
  • Street Number Modifier: 550

Exterior Features

  • Direction Faces: North
  • Water Access: Beach - Public
  • Pool Features: Child Safety Fence, Fiber Optic Lighting, Gunite, Heated, In Ground, Lighting, Pool Alarm, Pool Sweep, Salt Water, Screen Enclosure, Self Cleaning, Tile
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Shade Shutter(s), Sidewalk, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Metal
  • Water View: Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • View: Pool, Trees/Woods, Water
  • Water Body Name: GULF OF MEXICO
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Oversized, Split Garage, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room, Upper Floor
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Longboat Shores
  • Community Features: Water Access, Waterfront
  • Association Fee Frequency: Annually
  • Security: Secured Garage / Parking, Security System, Security System Owned, Smoke Detector(s)

Schools

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

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Parcel Number: 0005080016
  • Builder License: CBC1258838
  • Lot Features: Cleared, FloodZone, In County, Level/Flat, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Sidewalk, Street Dead-End, Street Paved
  • Lot Size Square Meters: 1071

Green Features

  • Efficiency: Appliances

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: J & C BUILDERS

Tax Info

  • Tax Annual Amount: 3397.00
  • Tax Lot: 36-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 21, 2021
Sold by
Gautier Michael
Bought by
Varley John James and Varley Virginia
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
List Price
$2,495,000
Sold Price
$2,175,000
Premium/Discount to List
-$320,000
-12.83%
Current Estimated Value
$2,916,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$741,728
Avg. Annual Appreciation
6.71%
Original Mortgage
$1,300,000
Outstanding Balance
$1,175,617
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,741,111
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
Varley John James $2,175,000 Properties Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varley John James $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $2,175,000 -12.8% $495 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $2,495,000 -- $568 / 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 $33,291 $2,665,509 -- --
2023 $33,291 $2,586,900 $557,600 $2,029,300
2022 $29,770 $2,202,900 $534,300 $1,668,600
2021 $22,526 $1,608,500 $302,900 $1,305,600
2020 $3,994 $255,100 $255,100 $0
2019 $3,462 $203,700 $203,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Pettingell

    Seller's Agent in 2021

    Roger Pettingell

    COLDWELL BANKER REALTY

    (941) 387-1840

    166 in this area

    349 Total Sales

    Roger Pettingell
    Section Image
  • Jesse Griffin

    Buyer's Agent in 2021

    Jesse Griffin

    CENTURY 21 BEGGINS ENTERPRISES

    (941) 822-6165

    55 in this area

    79 Total Sales

    Jesse Griffin
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4491326

Stellar MLS

APN: 0005-08-0016

Florida Sarasota County Longboat Key 34228

550 Buttonwood Dr, Longboat Key, FL

This home is located at 550 Buttonwood Dr, Longboat Key, FL 34228 since 19 February 2021 and is currently estimated at $2,916,728, approximately $664 per square foot. This property was built in 2021. 550 Buttonwood Dr is a home located in Sarasota County with nearby schools including Southside Elementary School and Booker Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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