NOT LISTED FOR SALE

585 Sanctuary Dr Unit B402 Longboat Key, FL 34228

Estimated Value: $1,826,000 - $2,047,000

3 Beds
2.5 Baths
1,823 Sq Ft
18,165 Sq Ft Lot

Sale Details

Date Sold: March 25, 2021

Last sale price $1,300,000 $713 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,458 / mo

2 Days on Market

Highlights

  • Golf Course Community
  • Property fronts gulf or ocean
  • Fitness Center
  • Southside Elementary School Rated A
  • Water Access
  • Heated Pool

About This Home

As of March 2021

Award winning sunset views over the Gulf of Mexico and sweeping views of the golf course, Sarasota Bay, downtown Sarasota and the Ringling Bridge from this 4th floor, northeast corner gem. Windows galore! A comfortable 1823 sq ft of living plus 325 sq ft of spacious wrap around, covered and tiled terrace. Completely remodeled in 2018, open kitchen with custom cabinets, quartz countertops, wine cooler, Jenn Air appliances and Bosch dishwasher. Turquoise glass tile backsplash just adds to the finishing touches of this beautiful kitchen. New lighting in living room, dining room, kitchen and foyer. New porcelain floors in main living areas, 3rd bedroom/den and laundry room, new window shades throughout including electric shades in the living room. Recently painted throughout. Two large storage lockers on lobby and basement levels, assigned enclosed parking space on lower level. This small pet-friendly community offers 24-hour security, 2 Har-Tru tennis courts, a 25-meter lap pool, wading pool, whirlpool and saunas. Also, a fitness facility with state-of-the-art exercise equipment, onsite office and clubhouse. This socially active community is located behind the gates of the Longboat Key Club Islandside and only minutes away from the cultural, social and entertainment center of downtown Sarasota, the Sarasota/Bradenton Airport and St Armand s shopping area.

Last Agent to Sell the Property

Cathy Meldahl, PA

MICHAEL SAUNDERS & COMPANY License #0321629 Listed on: 02/18/2021

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Susan Smith

MICHAEL SAUNDERS & COMPANY License #0329024

Last Buyer's Agent

Linda Driggs

MICHAEL SAUNDERS & COMPANY License #0604638

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,235

Year Built

  • Built in 1990

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage
  • Portico
  • Oversized Parking
  • Garage Door Opener
  • Circular Driveway
  • Secured Garage or Parking
  • Assigned Parking

Property Views

  • Water
  • Garden
  • Park or Greenbelt

Home Design

  • Custom Home
  • Elevated Home
  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,823 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Utility Room
  • Security Gate

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Heated Spa

Outdoor Features

  • Water Access
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0011082034

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, manager, private road, recreational facilities, security, sewer, trash
  • Sanctuary Condo Association, Phone Number (941) 373-6021
  • Sanctuary Community
  • Sanctuary I Subdivision
  • On-Site Maintenance
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 30 lbs
  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,235

Year Built

Built in 1990

Lot Details

0.42 Acres

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Manager, Private Road, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Elevated
  • Property Description: End Unit
  • Water View: Yes
  • Construction Materials: Concrete
  • Living Area: 1823.00
  • Homestead: Yes
  • Year Built: 1990
  • Building Area Total: 2198.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491622?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491622?w=Customer
  • Building Search Sq Meters: 204.20
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Inside Utility
  • Flooring: Carpet, Ceramic Tile, Porcelain Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Window Treatments
  • Living Area Meters: 169.36

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage, Tennis Court(s)
  • Waterfront Feet Gulf Ocean: 1200
  • Water Access: Gulf/Ocean
  • Pool Features: Heated
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Partial
  • Flood Zone Code: VE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12512612445CO128F
  • Water Access: Yes
  • View: Garden, Greenbelt, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Wrap Around

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Circular Driveway, Garage Door Opener, Oversized, Portico

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air, Humidity Control
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sanctuary
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Sidewalk, Tennis Courts, Water Access
  • Pet Restrictions: See rules and Regulations for additional information
  • Building Name Number: B
  • Condo Fees: 5288
  • Condo Fees Term: Quarterly
  • Max Pet Weight: 30
  • Monthly Condo Fee Amount: 1763
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Cable, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Name: Sanctuary Condo Association
  • Phone: 941-373-6021
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage / Parking, Security Gate, Smoke Detector(s)
  • Association Email: Sanccomm@comcast.net

Fee Information

  • Waterfront Frontage: 1200
  • Total Annual Fees: 21152.00
  • Total Monthly Fees: 1762.67

Lot Info

  • Zoning Compatible: Yes
  • Zoning: MUC2
  • Parcel Number: 0011082034
  • Lot Features: FloodZone, In City Limits, Street Paved, Street Private

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: See Condominium Documents
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit, Size Limit, Yes

Multi Family

  • Approval Process: See condominium documents
  • Waterfront Features: Gulf/Ocean

Tax Info

  • Tax Annual Amount: 11234.81
  • Tax Book Number: 28-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 26, 2021
Sold by
Tobias Judy Gail and Judy Gail Tobias 2019 Trust
Bought by
Phillip A Drees Irrevocable Family Trust and Fifth Third Bank Na
Seller's Agent
Cathy Meldahl, PA
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Linda Driggs
MICHAEL SAUNDERS & COMPANY
List Price
$1,295,000
Sold Price
$1,300,000
Premium/Discount to List
$5,000
0.39%
Current Estimated Value
$1,813,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,468
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Tobias Judy G
Bought by
Tobias Judy Gail and Judy Gail Tobias 2019 Trust

Purchase Details

Closed on
Dec 22, 2015
Sold by
Cherkasky Alan
Bought by
Tobias Judy G

Purchase Details

Closed on
Oct 22, 2013
Sold by
Cherkasky Jaynie S and Cherkasky Jayne S
Bought by
Cherkasky Alan

Purchase Details

Closed on
May 23, 2005
Sold by
Kidd Jane E
Bought by
Cherkasky Alan and Cherkasky Jaynie S

Purchase Details

Closed on
Mar 1, 2004
Sold by
Dearsly Nigel Herbert and Dearsly Valerie
Bought by
Kidd Jane E and Jane E Kidd Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
5.63%
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
Phillip A Drees Irrevocable Family Trust $1,300,000 None Listed On Document
Tobias Judy Gail -- Accommodation
Tobias Judy G $952,500 Attorney
Cherkasky Alan -- Attorney
Cherkasky Alan $1,060,000 --
Kidd Jane E $865,000 --
Kidd Jane E $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kidd Jane E $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $1,300,000 +4.0% $713 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $1,250,000 -3.5% $686 / Sq Ft
02/18/2021 02/18/21 For Sale $1,295,000 -- $710 / Sq Ft
Source: Stellar MLS

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 $21,326 $1,555,817 -- --
2024 $18,896 $1,357,015 -- --
2023 $18,896 $1,581,400 $0 $1,581,400
2022 $15,450 $1,121,500 $0 $1,121,500
2021 $11,108 $803,189 $0 $0
2020 $11,235 $792,100 $0 $792,100
2019 $10,962 $792,500 $0 $792,500
2018 $10,569 $760,300 $0 $760,300
2017 $11,319 $760,300 $0 $760,300
2016 $11,547 $760,300 $0 $760,300
2015 $9,368 $637,500 $0 $637,500
2014 $9,383 $531,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Meldahl, PA

    Seller's Agent in 2021

    Cathy Meldahl, PA

    Michael Saunders

    (941) 724-7228

    18 in this area

    23 Total Sales

    Cathy Meldahl, PA
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Susan Smith

    Michael Saunders

    (941) 383-7591

    15 in this area

    20 Total Sales

    Susan Smith
    Section Image
  • Linda Driggs

    Buyer's Agent in 2021

    Linda Driggs

    Michael Saunders

    (941) 374-2920

    8 in this area

    99 Total Sales

    Linda Driggs
    Section Image
  • Sara Boudarga

    Buyer Co-Listing Agent in 2021

    Sara Boudarga

    HB REALTY GROUP INC.

    (941) 321-6352

    3 in this area

    74 Total Sales

    Sara Boudarga
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4491622

Stellar MLS

APN: 0011-08-2034

Florida Sarasota County Longboat Key 34228

585 Sanctuary Dr Unit B402, Longboat Key, FL

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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