NOT LISTED FOR SALE

560 Spinnaker Ln Longboat Key, FL 34228

Estimated Value: $2,103,906 - $3,151,000

3 Beds
2.5 Baths
2,324 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $1,150,000 $495 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $14,315/month

3 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Indoor Pool
  • Deck
  • Southside Elementary School Rated A
  • Full Bay or Harbor Views
  • Ranch Style House

About This Home

As of April 2012

TOTALLY REMODELED HOUSE WITH NEW ROOF, HURRICANE WINDOWS AND SLIDERS, NEW ELECTRIC, NEW HVAC, NEW POOL, NEW PAVERS, GRANITE AND MARBLE ON ALL SURFACES, $42,000 SPENT ON KITCHEN CABINETS, HUGE MODERN KITCHEN WITH GAS STOVE. SOUTHERN EXPOSURE. SAILBOAT WATER. DOUBLE WALKIN MASTER CLOSETS. DEEDED BEACH ACCESS. ONLY TWO MILES TO WORLD FAMOUS ST. ARMANDS WITH SHOPS AND RESTAURANTS. GOLF RIGHT ACROSS THE MAIN ROAD. TWO IN FROM THE BAY WITH BAY VIEWS.

Last Agent to Sell the Property

MICHAEL LOSEY

License #3027280 Listed on: 03/01/2012

Last Buyer's Agent

KEN MORRISSEY

LIMBO COMPANY SARASOTA ASSOC License #0664901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,844

Year Built

  • Built in 1966

Lot Details

  • 0.28 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Irrigation
  • Property is zoned R4SF

HOA Fees

  • $8 Monthly HOA Fees

Parking

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

Property Views

  • Full Bay or Harbor
  • Canal

Home Design

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

Interior Spaces

  • 2,324 Sq Ft Home
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Pool

  • Indoor Pool
  • Vinyl Pool
  • Spa
  • Pool Sweep

Outdoor Features

  • Access to Saltwater Canal
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Country Club Shores Community
  • Country Club Shores Unit 3 Sec 2 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 3 / G
  • Assessor Parcel Number 0010070016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,844

Year Built

Built in 1966

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: No
  • Living Area: 2324
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 3586
  • Lot Size Sq Ft: 12024
  • Directions to Property: North on GMD to Spinnaker, on right near the end.
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 1652
  • Call Center Phone Number: 941-809-3491
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 494.84
  • Close to Original List Price Ratio: 0.95833
  • Ratio: Current Price\Building Area Total: 320.69
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Split Bedroom
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 560
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Indoor, Pool Sweep, Vinyl
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial, Canal
  • Water Access: Canal - Saltwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 120

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Private, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • 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: No
  • Security: Security System Owned
  • Association Fee Requirement: Optional

Fee Information

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0010070016
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Millage Rate: 14.45
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Expected Lease Date: 2012-04-04T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 6844
  • Tax Block: G
  • Tax Book Number: 0017/0021
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 4, 2012
Sold by
Losey Michael H and Losey Maria G
Bought by
Gearhardt Michael I and Michael I Gearhardt Revocable Living Tru
Seller's Agent
MICHAEL LOSEY
Buyer's Agent
KEN MORRISSEY
LIMBO COMPANY SARASOTA ASSOC
List Price
$1,150,000
Sold Price
$1,150,000
Current Estimated Value
$2,453,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,477
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Spapiro Joel R and Shapiro Sylvia B
Bought by
Losey Michael H and Losey Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Bohane M John and Bohane Linda
Bought by
Shapiro Joel R and Shapiro Sylvia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
6.49%

Purchase Details

Closed on
Jun 21, 2002
Sold by
Gault Robrert K and Gault Shannon Bolser
Bought by
Pintea George L and Pintea Cheryl J

Purchase Details

Closed on
Jan 19, 1998
Sold by
Johnson J Staurt and Johnson Patricia B
Bought by
Bohane M John and Bohane Linda Brinton

Purchase Details

Closed on
Jul 18, 1994
Sold by
Schwartz David J and Schwartz Jeanne A
Bought by
Schwartz David J

Purchase Details

Closed on
Jun 1, 1993
Sold by
England Edward J and England Helen J
Bought by
Johnson J Stuart and Johnson Patricia B
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
Gearhardt Michael I $1,150,000 Attorney
Losey Michael H $1,350,000 --
Shapiro Joel R $720,000 --
Pintea George L $1,640,000 --
Bohane M John $535,000 --
Schwartz David J -- --
Johnson J Stuart $322,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Losey Michael H $877,500
Previous Owner Shapiro Joel R $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2012 04/04/12 Sold $1,150,000 0.0% $495 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $1,150,000 -- $495 / 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 $15,429 $1,194,788 -- --
2023 $15,429 $1,159,988 $0 $0
2022 $15,171 $1,126,202 $0 $0
2021 $15,417 $1,093,400 $880,900 $212,500
2020 $13,975 $968,554 $0 $0
2019 $13,550 $946,778 $0 $0
2018 $13,333 $929,125 $0 $0
2017 $12,708 $910,015 $0 $0
2016 $12,670 $965,400 $695,800 $269,600
2015 $12,713 $933,800 $664,500 $269,300
2014 $12,706 $865,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3956780

Stellar MLS

APN: 0010-07-0016