NOT LISTED FOR SALE

564 Sutton Place Longboat Key, FL 34228

Estimated Value: $544,046 - $712,000

3 Beds
2 Baths
1,286 Sq Ft
$479/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $500,000 $389 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,846/month

5 Days on Market

Highlights

  • Marina
  • Water Access
  • Heated In Ground Pool
  • Boat Ramp
  • Property Fronts a Bay or Harbor
  • Fishing

About This Home

As of March 2021

Longboat Key, with Gulf of Mexico Beach to Bay amenities, this 3 Bedroom, 2 Bath Villa is one of only 3 in a complex of 90 units in Sutton Place situated a bit north of mid-key. With 1286 SF in a bright, open floor plan at ground level with two attached, covered parking spaces, it offers the feeling of a house with amenities found only in a resort. A tasteful renovation assures there is nothing left to do but enjoy the inviting Coastal Living Lifestyle with light filled rooms and the great room floorplan. Renovations include porcelain tile floors, new open kitchen with top of line appliances and quartz surfaces. Both baths were also renovated. Doors were updated with soundproof paneling and the lanai was enclosed and transformed into a lovely sunroom adding space to the living area. There is a separate laundry room with full size washer and dryer. Recreational amenities include two heated swimming pools, boat docks for $300/yr, kayak storage and electronic launch for $150/yr and a clubhouse. On the gulf there is a private, gated beach access that includes showers, picnic tables, lockers for beach chairs and restroom facilities. It is no wonder Sutton Place is one of Longboat Key s favorite residential resort communities. You will love the lifestyle on Longboat Key!

Last Agent to Sell the Property

Terri Derr

MICHAEL SAUNDERS & COMPANY License #0197961 Listed on: 01/12/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Rita Holbrook

MICHAEL SAUNDERS & COMPANY License #3243166

Last Buyer's Agent

Holly Gordon

FUTURE HOME REALTY INC License #3360670

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1972

Lot Details

  • 6.09 Acre Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Property is zoned R4MX

Home Design

  • Florida Architecture
  • Villa
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Shades
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Porcelain Tile
  • Park or Greenbelt Views

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Ground Level Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Outside Bathroom Access

Outdoor Features

  • Water Access
  • Property is near a marina
  • Enclosed Patio or Porch
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot V5
  • Assessor Parcel Number 8027413809

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, manager, pest control, pool maintenance, recreational facilities, trash, water
  • Light House Property Mgmt Association, Phone Number (941) 460-5560
  • Sutton Place Condo Community
  • Sutton Place Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Greenbelt

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip
  • Marina
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,071

Year Built

Built in 1972

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Water Extras: Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Seawall - Concrete
  • Construction Materials: Block, Concrete
  • Living Area: 1286.00
  • Lot Size Acres: 6.09
  • Year Built: 1972
  • Building Area Total: 1286.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488179?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488179?w=Customer
  • Lot Size Sq Ft: 265302
  • Building Search Sq Meters: 119.47
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4488179?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Shades
  • Living Area Meters: 119.47

Exterior Features

  • Direction Faces: West
  • Additional Water Information: Kayak launch, fishing pier, dock space upon availability @$300/yr
  • Water Extras: Yes
  • Waterfront Feet Bay Harbor: 500
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean
  • Pool Features: Heated, In Ground, Outside Bath Access
  • Exterior Features: Outdoor Grill
  • Roof: Built-Up
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0294E
  • Water Access: Yes
  • Pool Private: Yes
  • View: Greenbelt
  • Water Body Name: SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Paved

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Covered, Ground Level, Guest

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sutton Place Condo
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fishing, No Truck/RV/Motorcycle Parking, Pool, Special Community Restrictions, Water Access, Waterfront
  • Pet Restrictions: Allows Dogs, Cats, Birds & Fish. SEE ASSOCIATION RULES AND REGULATIONS FOR ADDITIONAL INFORMATION
  • Condo Fees: 973
  • Condo Fees Term: Monthly
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 973
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Boat Slip, Cable, Clubhouse, Dock, Marina, Pool, Storage, Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Name: Light House Property Mgmt
  • Phone: 941-460-5560
  • Association: Yes
  • Association Website: http://SUTTON PLACE CONDO ASSOC OF LBK

Fee Information

  • Amenities Additional Fees: Boat slips $300/yr upon availability
  • Waterfront Frontage: 500
  • Total Annual Fees: 11676.00
  • Total Monthly Fees: 973.00

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Total Acreage: 5 to less than 10
  • Zoning: R4MX
  • Parcel Number: 8027413809
  • Lot Features: Greenbelt, Level/Flat, Near Golf Course, Near Marina, Near Public Transit, Street Paved
  • Lot Size Square Meters: 24647

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: SEE ASSOCIATION RULES AND REGULATIONS FOR ADDITIONAL INFORMATION
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Multi Family

  • Approval Process: Application
  • Waterfront Features: Bay/Harbor

Tax Info

  • Tax Annual Amount: 4071.00
  • Tax Book Number: 1480-7817
  • Tax Lot: V5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 1, 2021
Sold by
Robb Peter B and Robb Kathleen K
Bought by
Reynolds Scott R and Reynolds Linda D
Seller's Agent
Terri Derr
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Holly Gordon
FUTURE HOME REALTY INC
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$616,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,262
Avg. Annual Appreciation
4.43%
Original Mortgage
$250,000
Outstanding Balance
$204,881
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$411,381

Purchase Details

Closed on
Jun 10, 2005
Sold by
Oconnor Peter and Oconnor Patricia J
Bought by
Robb Peter B and Robb Kathleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 18, 1997
Sold by
Urruti Arnoldo H and Urruti Leonarda M
Bought by
Oconnor Peter and Oconnor Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynolds Scott R $500,000 Flagship Title
Robb Peter B $467,500 --
Oconnor Peter $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Scott R $250,000
Previous Owner Robb Peter B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $500,000 0.0% $389 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $500,000 -- $389 / 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
2025 $7,289 $160,650 -- $160,650
2024 $7,289 $505,750 -- $505,750
2023 $7,270 $535,500 $0 $535,500
2022 $4,644 $393,750 $0 $393,750
2021 $4,458 $305,000 $0 $305,000
2020 $4,071 $250,000 $0 $250,000
2019 $3,969 $250,000 $0 $250,000
2018 $3,568 $215,000 $0 $0
2017 $3,777 $250,200 $0 $0
2016 $3,541 $231,500 $0 $0
2015 $2,974 $208,000 $0 $0
2014 $2,974 $183,381 $0 $0
2013 $2,635 $159,462 $1 $159,461
Source: Public Records

Agents Affiliated with this Home

  • Terri Derr

    Seller's Agent in 2021

    Terri Derr

    Michael Saunders

    (941) 356-6694

    6 in this area

    15 Total Sales

    Terri Derr
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rita Holbrook

    Michael Saunders

    (941) 773-2788

    5 in this area

    11 Total Sales

    Rita Holbrook
    Section Image
  • Holly Gordon

    Buyer's Agent in 2021

    Holly Gordon

    FUTURE HOME REALTY INC

    (813) 789-2760

    1 in this area

    12 Total Sales

    Holly Gordon
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4488179

Stellar MLS

APN: 80274-1380-9

Florida Manatee County Longboat Key 34228

564 Sutton Place, Longboat Key, FL

Not Listed for Sale

Detached

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