NOT LISTED FOR SALE

561 Cutter Ln Longboat Key, FL 34228

Estimated Value: $2,151,002 - $2,450,000

3 Beds
3 Baths
2,422 Sq Ft
$954/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $895,000 $370 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $13,096/month

187 Days on Market

Highlights

  • 94 Feet of Waterfront
  • Deeded Boat Dock
  • Heated Indoor Pool
  • Southside Elementary School Rated A
  • Access to Bay or Harbor
  • Custom Home

About This Home

As of March 2013

Understated elegance abounds in this updated 3 bedroom, 3 bath residence situated on a deep-water canal in Longboat Key's Country Club Shores. The splendid double-door entry with etched-glass cut outs welcomes you. The formal living room overlooks the bayside pool deck and features French sliding glass doors, marble floors and crown molding. Directly adjacent is the formal dining room with a large bay window, creating an open space great for entertaining. The updated kitchen is a chef's dream with granite counters, stainless steel appliances including a Wolf gas stove and range, Spanish tile backsplash, custom solid wood crown molding and an expansive eat-in café. The split bedroom layout enhances privacy. Two guest bedrooms, one abundant suite could even be a second master has direct access to the outdoor living area. The master suite is the perfect retreat. Upstairs from the family room, this impressive space showcases panoramic views of the canal with a wall of floor-to-ceiling glass sliders that open to a private terrace. Polished hardwood floors, walk-in closet, plus a bath with glass-enclosed shower, Jacuzzi tub, double vanities and a separate water closet and bidet. The canal side pool deck features brick pavers, two covered entertaining areas, custom stone columns and a boat dock. SELLER IS CURRENTLY CONTRACTING FOR BRAND NEW SEAWALL TO BE INSTALLED SCHEDULED TO BE INSTALLED IN NEXT 45 DAYS.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 08/02/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Jonathan Fox

MICHAEL SAUNDERS & COMPANY License #0375460

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,507

Year Built

  • Built in 1966

Lot Details

  • 0.28 Acre Lot
  • 94 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,422 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Country Club Shores Community
  • Country Club Shores Unit 2 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 5 / J
  • Assessor Parcel Number 0010090006

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,507

Year Built

Built in 1966

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2422
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 4190
  • Lot Size Sq Ft: 12051
  • Directions to Property: Gulf of Mexico Drive to Cutter Lane (East) , South end of Longboat Key, approximately one mile from St. Armand's Circle. House on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037306
  • RATIO Current Price By Calculate: 369.53
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Street Number Modifier: 561
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility
  • Living Area Meters: 225.01
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Indoor
  • Exterior Features: Balcony, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 94

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Waterfront Complex
  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 35.00
  • Total Monthly Fees: 2.92

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0010090006
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit
  • Homestead YN: 0
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-03-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 8507
  • Tax Block: J
  • Tax Book Number: 0016/0029
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2012
Closed on
Mar 1, 2013
Sold by
Kga Property Management Llc
Bought by
Ward Franklin R and Ward Linde A
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Jonathan Fox
MICHAEL SAUNDERS & COMPANY
List Price
$1,095,000
Sold Price
$895,000
Premium/Discount to List
-$200,000
-18.26%
Current Estimated Value
$2,310,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,415,751
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jun 16, 2005
Sold by
Blinch Edwards Robert and Peterson Kent G
Bought by
Kga Property Management Llc

Purchase Details

Closed on
Jul 2, 1997
Sold by
Gerson Marylie and Karlovac Marylie Catherine
Bought by
Edwards Robert Blinch and Peterson Kent C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
7.92%
Source: Public Records

Range of Values:

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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
Ward Franklin R $895,000 Msc Title Inc
Kga Property Management Llc $1,625,000 Sunbelt Title Agency
Edwards Robert Blinch $268,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Robert Blinch $214,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $895,000 -18.3% $370 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $1,095,000 0.0% $452 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $1,095,000 -- $452 / 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 $10,104 $775,286 -- --
2023 $10,104 $752,705 $0 $0
2022 $9,934 $730,782 $0 $0
2021 $10,087 $709,497 $0 $0
2020 $10,159 $699,701 $0 $0
2019 $9,853 $683,970 $0 $0
2018 $9,678 $670,063 $0 $0
2017 $8,946 $647,694 $0 $0
2016 $8,931 $893,100 $597,900 $295,200
2015 $8,699 $648,400 $574,000 $74,400
2014 $8,621 $635,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3963974

Stellar MLS

APN: 0010-09-0006