NOT LISTED FOR SALE

589 Sutton Place Longboat Key, FL 34228

Estimated Value: $425,030 - $545,000

2 Beds
1.5 Baths
1,008 Sq Ft
$803/mo HOA Fee

Last Sold August 12, 2020

Last sale price $310,000 $308 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,798/month

373 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Access To Intracoastal Waterway
  • In Ground Pool
  • Boat Dock
  • Private Beach
  • Open Floorplan

About This Home

As of August 2020

“Incredible Value in LBK!” Live the Florida, Gulf to Bay resort lifestyle you have been waiting for that is perfect for your year round living ,vacationing or enjoying the benefit of rental income. There is a nice garden view from screened lanai and easy access to the Bay and Beach. This updated unit is in pristine condition. It's bright with a relaxed coastal décor that incudes updates from new flooring throughout and neutral interior paint (pop corn ceiling has been removed), to nicely updated open kitchen with granite counter tops, stainless steel appliances, recessed lighting, beautifully updated bathrooms and new windows & shutters to keeps the unit cool. There is a newer AC and water heater. Being offered turnkey furnished with full size washer & dryer in garage for your convenience. Pet friendly, Not an age restricted community, Sutton Place offers two heated swimming pools, boat docks( $200 a year ), kayak storage ($50 a year) and clubhouse. The best part is a private, gated beach access (4415 GOM) that includes restroom facilities, indoor/outdoor showers, picnic tables and beach chair lockers -a true beach going delight. A true gem on Longboat Key!

Last Agent to Sell the Property

Malihe Karimi

MICHAEL SAUNDERS & COMPANY License #3286618 Listed on: 05/29/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

John Bentley

FLORIDA'S 1ST CHOICE RLTY LLC License #3401852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1972

Lot Details

  • 300 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $803 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Inside Utility
  • Garden Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • First Come-First Served Dock
  • Dock has access to water
  • Seawall

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • Lighthouse Property Mgmt Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Sutton Place Condo Community
  • Sutton Place Condo Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,090

Year Built

Built in 1972

Lot Details

0

HOA Fees

$803 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 1008
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1448
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4437351?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4437351?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.99391
  • Price per Sq Ft: 307.54
  • Close to Original List Price Ratio: 0.91852
  • Ratio: Current Price\Building Area Total: 214.09
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Window Treatments
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Garden
  • Waterfront: Yes
  • Water Access: Bay/Harbor, Beach - Private, Intracoastal Waterway
  • Water Extras: Dock - Slip 1st Come, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Sailboat Water, Seawall - Concrete
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 300
  • Water Frontage Feet Bay Harbor: 300
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Boat Dock, Maintenance, Recreation Facilities, Vehicle Restrictions
  • Association Name: Lighthouse Property Mgmt
  • Phone: 941-460-5560
  • Association: No
  • Senior Community: No
  • Condo Fees: 803
  • Condo Fees Term: Monthly
  • Association Website: www.lighthousepropertymanangement.net
  • Association Email: lesliegreen@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 803
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9636
  • Total Monthly Fees: 803

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8027413403
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: See Condo Docs
  • Num Timesper Year: 2
  • Pet Restrictions: Leash laws apply, only 2 pets max weight 35 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: You can only lease for one month 2 times a year

Tax Info

  • Tax Annual Amount: 4090
  • Tax Book Number: 1480-7817
  • Tax Lot: T28

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Aug 17, 2020
Sold by
Yoder Diane Elizabeth
Bought by
Oconnor Eileen
Seller's Agent
Malihe Karimi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
John Bentley
FLORIDA'S 1ST CHOICE RLTY LLC
List Price
$311,900
Sold Price
$310,000
Premium/Discount to List
-$1,900
-0.61%
Current Estimated Value
$478,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,508
Avg. Annual Appreciation
8.42%
Original Mortgage
$210,000
Outstanding Balance
$186,285
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,223

Purchase Details

Listed on
May 29, 2019
Closed on
Aug 12, 2020
Sold by
Yoder Diane Elizabeth
Bought by
Oconnor Eileen
Seller's Agent
Malihe Karimi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
John Bentley
FLORIDA'S 1ST CHOICE RLTY LLC
List Price
$311,900
Sold Price
$310,000
Premium/Discount to List
-$1,900
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$186,285
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$292,223

Purchase Details

Listed on
Jul 19, 2017
Closed on
Dec 5, 2017
Sold by
Asroff Steven and Asroff Susan D
Bought by
Yoder Diane Elizabeth
Seller's Agent
Malihe Karimi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Laura Pearson
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$252,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Asroff Steven and Asroff Susan D

Purchase Details

Closed on
Feb 10, 2010
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 29, 2009
Sold by
Kelly Kary William and Kelly Kary
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 15, 2005
Sold by
Smith Jane K and Smith Robert J
Bought by
Kelly Kary William and Kelly Kary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Paul David B and Paul Deborah S
Bought by
Cox Jane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,200
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2000
Sold by
Desilva Demetrio R and Mchale Kristen S
Bought by
Paul David B and Paul Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1998
Sold by
Roberts Kendall D and Roberts Patricia M
Bought by
Desilva Demetrio R and Mchale Kristen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
6.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oconnor Eileen $310,000 First American Title Ins Co
Oconnor Eileen $310,000 First American Title
Yoder Diane Elizabeth $315,000 Berlin Patten Ebling Pllc
Asroff Steven $155,000 New House Title
Federal Home Loan Mortgage Corp -- New House Title
Wells Fargo Bank Na $120,100 Attorney
Kelly Kary William $409,000 Msc Title Inc
Cox Jane K $228,000 --
Paul David B $125,000 --
Desilva Demetrio R $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Eileen $210,000
Closed Oconnor Eileen $210,000
Previous Owner Yoder Diane Elizabeth $252,000
Previous Owner Kelly Kary William $327,200
Previous Owner Cox Jane K $205,200
Previous Owner Paul David B $100,000
Previous Owner Desilva Demetrio R $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2020 08/12/20 Sold $310,000 -0.6% $308 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $311,900 +0.6% $309 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
04/21/2020 04/21/20 Off Market $310,000 -- --
03/12/2020 03/12/20 Price Changed $311,900 -1.0% $309 / Sq Ft
03/02/2020 03/02/20 For Sale $314,900 +1.6% $312 / Sq Ft
02/12/2020 02/12/20 Off Market $310,000 -- --
11/25/2019 11/25/19 Price Changed $314,900 +1.9% $312 / Sq Ft
11/06/2019 11/06/19 Price Changed $309,000 -1.0% $307 / Sq Ft
09/23/2019 09/23/19 Price Changed $312,000 -2.3% $310 / Sq Ft
08/06/2019 08/06/19 Price Changed $319,500 -1.7% $317 / Sq Ft
06/19/2019 06/19/19 Price Changed $324,900 -3.7% $322 / Sq Ft
05/29/2019 05/29/19 For Sale $337,500 +7.1% $335 / Sq Ft
08/17/2018 08/17/18 Off Market $315,000 -- --
04/26/2018 04/26/18 Rented $2,000 -42.9% --
03/21/2018 03/21/18 For Rent $3,500 0.0% --
12/06/2017 12/06/17 Sold $315,000 -4.5% $313 / Sq Ft View Prior Sale
10/06/2017 10/06/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $329,900 0.0% $327 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $329,900 -- $327 / 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 $5,774 $129,413 -- $129,413
2024 $5,774 $403,750 -- $403,750
2023 $6,291 $429,250 $0 $429,250
2022 $4,321 $315,000 $0 $315,000
2021 $4,148 $242,000 $0 $242,000
2020 $4,161 $230,000 $0 $230,000
2019 $4,090 $230,000 $0 $230,000
2018 $3,733 $200,000 $0 $0
2017 $3,943 $236,110 $0 $0
2016 $3,771 $220,360 $0 $0
2015 $3,426 $220,360 $0 $0
2014 $3,426 $206,261 $0 $0
2013 $3,084 $185,719 $1 $185,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4437351

Stellar MLS

APN: 80274-1340-3