NOT LISTED FOR SALE

561 Harbor Cove Cir Longboat Key, FL 34228

Estimated Value: $2,696,000 - $8,515,829

2 Beds
2.5 Baths
4,357 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold May 12, 2020

Last sale price $2,740,000 $629 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $41,026/month

Highlights

  • 175 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Southside Elementary School Rated A
  • Water access To Gulf or Ocean
  • Dock made with wood

About This Home

As of May 2020

For MLS purposes only.

Last Agent to Sell the Property

Julie Klick

MICHAEL SAUNDERS & COMPANY License #3103707 Listed on: 05/12/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Bruce Myer

COLDWELL BANKER REALTY License #0342109

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,052

Year Built

  • Built in 1983

Lot Details

  • 0.36 Acre Lot
  • 175 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Private Beach
  • Street terminates at a dead end
  • Southwest Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Custom Home
  • Elevated Home
  • Planned Development
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,357 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shutters
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • White Water Ocean Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Accessible Hallway

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • In Ground Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Dock made with wood
  • Dock made with Composite Material
  • Balcony
  • Patio
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 60
  • Assessor Parcel Number 0009030022

Community Details

Overview

  • Association fees include 24-hour guard, escrow reserves fund, private road, recreational facilities
  • $279 Other Monthly Fees
  • Ken Kandefer Association
  • Bay Isles Community
  • Bay Isles Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Recreation

  • Recreation Facilities

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,052

Year Built

Built in 1983

Lot Details

0

HOA Fees

$225 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Escrow Reserves Fund, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4357
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1983
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Elevator Installed, Accessible Hallway(s), Central Living Area
  • Building Area Total: 9909
  • Lot Size Sq Ft: 15767
  • Directions to Property: GMD to Bay Isles South Gate - show business card. Turn Right into Harbor Section. Go to Harbor Cove Circle and turn left. Go to last house on left.
  • Status: Sold
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 1912
  • Other Fees Amount: 3348
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97892
  • Price per Sq Ft: 628.87
  • Close to Original List Price Ratio: 0.97892
  • Ratio: Current Price\Building Area Total: 276.52
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Living Room, Master Bedroom
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Travertine, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shutters, Storm Window(s)
  • Street Number Modifier: 561
  • Room Count: 4
  • Additional Rooms: Bonus Room, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Dock - Composite, Dock - Wood, Dock w/Water Supply, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 175
  • Additional Water Information: Two docks; one with boat lift; seller does not warrant boat lift; HOA maintains seawall.
  • Water Frontage Feet Bay Harbor: 175
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, On Street, Oversized, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Gated Community, Water Access, Waterfront
  • Association Amenities: Gated, Recreation Facilities, Security, Vehicle Restrictions
  • Association Fee: 2700
  • Association Fee Frequency: Annually
  • Association Name: Ken Kandefer
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Email: 941-921-3221
  • Condo Land Included Y N: No
  • Complex Community Name NCCB: BAY ISLES HARBOR SEC
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6048
  • Monthly HOA Fee: 225
  • Total Monthly Fees: 504

Schools

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

Lot Info

  • Zoning: PD
  • Parcel Number: 0009030022
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1-2 Years
  • Approval Process: HOA rental application must be approved by HOA
  • Num Timesper Year: 1
  • Pet Restrictions: Pets must be on leash when outside
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 year minimum lease.

Tax Info

  • Tax Annual Amount: 25051.7
  • Tax Book Number: 23-35
  • Tax Lot: 60

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
May 8, 2020
Sold by
Vjhc Development Corp
Bought by
Taylor Michael D and Taylor Mary E
Seller's Agent
Julie Klick
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Bruce Myer
COLDWELL BANKER REALTY
List Price
$2,799,000
Sold Price
$2,740,000
Premium/Discount to List
-$59,000
-2.11%
Current Estimated Value
$6,404,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,664,276
Avg. Annual Appreciation
17.03%

Purchase Details

Closed on
Nov 11, 2011
Sold by
Schoenherr R Lee
Bought by
Vjhc Development Corp

Purchase Details

Closed on
Aug 1, 2011
Sold by
Schoenherr R Lee
Bought by
Schoenherr R Lee and R Lee Schoenher Family Trust

Purchase Details

Closed on
Aug 1, 2008
Sold by
Adams R Craig
Bought by
Vjhc Development Corp

Purchase Details

Closed on
Aug 15, 2007
Sold by
Schoenherr R Lee
Bought by
Adams R Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,080,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Schoenherr R Lee
Bought by
Schoenherr R Lee and R Lee Schoenherr Family Trust
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
Taylor Michael D $274,000 Attorney
Vjhc Development Corp -- Attorney
Schoenherr R Lee -- Attorney
Vjhc Development Corp -- None Available
Adams R Craig $2,956,000 Attorney
Schoenherr R Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams R Craig $2,080,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2020 05/12/20 Sold $2,740,000 -2.1% $629 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $2,799,000 -- $642 / 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 $80,567 $6,373,662 -- --
2023 $80,567 $6,185,400 $0 $0
2022 $37,448 $3,040,100 $2,996,100 $44,000
2021 $33,034 $2,365,200 $2,328,600 $36,600
2020 $27,289 $1,908,800 $1,341,100 $567,700
2019 $25,052 $1,767,200 $1,194,600 $572,600
2018 $30,891 $2,175,900 $1,572,500 $603,400
2017 $32,086 $2,223,700 $1,572,500 $651,200
2016 $31,573 $2,147,900 $1,433,900 $714,000
2015 $30,662 $2,045,400 $1,425,600 $619,800
2014 $30,002 $1,807,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4467068

Stellar MLS

APN: 0009-03-0022