NOT LISTED FOR SALE

605 Cedars Ct Longboat Key, FL 34228

Estimated Value: $484,714 - $558,000

2 Beds
2 Baths
1,332 Sq Ft
$382/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $296,000 $222 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,854/month

40 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • Park or Greenbelt View
  • Anna Maria Elementary School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of September 2020

Buying a property virtually is possible and we’ve made it easy by providing you with a full 3-D tour, floor plan, & a ton of photos. We even have rental history to show you. Now you can have rental income AND a safe place to vacation on Longboat Key. This stylish 2 bedroom, 2 bath townhome is offered turnkey furnished and features a large open dining room, living room, enclosed screened lanai, oversized attached garage and in-unit washer and dryer. Modern, fresh, beachy décor with tile throughout. Exterior features include Hardie board siding, oversized garage and guest parking. The community allows two pets and bimonthly rentals 26 times per year. Cedars East Tennis Resort offers ten Har-Tru Tennis Courts, Clubhouse, Pro Shop, Fitness Center, Junior Olympic Pool, Nature trails, fishing pier, Restaurant and Tiki Bar. Tennis and fitness memberships available and can be purchased separately. Incredible beaches, town tennis facilities, fishing, kayak rentals, shopping and restaurants nearby. Who ever thought you could have island resort living for under $320,000?

Last Agent to Sell the Property

Sherri Mills

MICHAEL SAUNDERS & COMPANY License #3042812 Listed on: 07/06/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Gina Uliano

WAGNER REALTY License #0696422

WAGNER REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1988

Lot Details

  • East Facing Home

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Shingle Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 1,332 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Tile Flooring
  • Park or Greenbelt Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, private road, recreational facilities, sewer, trash, water
  • Lighthouse Mgmt Alex Mcgonigal Association, Phone Number (941) 460-5560
  • Cedars East Community
  • Cedars East Sec 1 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Greenbelt

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Additional Features

  • Clubhouse
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,140

Year Built

Built in 1988

Lot Details

0

HOA Fees

$615 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Cement Siding, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 1332
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2268
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to east on Companion Way, left on Cedars Court, at roundabout head due west. 605 is straight ahead . Cedars East on the right side of road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471567?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4471567?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.92529
  • Price per Sq Ft: 222.22
  • Close to Original List Price Ratio: 0.92529
  • Ratio: Current Price\Building Area Total: 130.51
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 605
  • Room Count: 6
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291E
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Maintenance, Pool, Recreation Facilities, Tennis Court(s)
  • Association Name: Lighthouse Mgmt Alex McGonigal
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Condo Fees: 1846
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 615
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7384
  • Total Monthly Fees: 615.33

Lot Info

  • Zoning: R3MX/PC
  • Parcel Number: 7927303052
  • Additional Parcels: No
  • Lot Features: Greenbelt
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 2 Weeks
  • Approval Process: Application
  • Num Timesper Year: 26
  • Pet Restrictions: 2 small pets allowed.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 2 wk min

Tax Info

  • Tax Annual Amount: 4140
  • Tax Book Number: 1213-1749
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 25, 2020
Sold by
Tallamraju Satya and Tallamraju Anjanipriya
Bought by
Lynott Thomas M and Ly Helen H
Seller's Agent
Sherri Mills
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Gina Uliano
WAGNER REALTY
List Price
$319,900
Sold Price
$296,000
Premium/Discount to List
-$23,900
-7.47%
Current Estimated Value
$508,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,929
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Retford Stephen K and Retford Sandra C
Bought by
Tallamraju Satya and Tallamraju Anjanipriya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 1999
Sold by
Dittmer Richard F and Dittmer Margit R
Bought by
Rovcanin Branko and Ostojin Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Lynott Thomas M $296,000 Barnes Walker Title
Tallamraju Satya $257,000 Msc Title Inc
Rovcanin Branko $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tallamraju Satya $205,600
Previous Owner Rovcanin Branko $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $296,000 -7.5% $222 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $319,900 +8.1% $240 / Sq Ft
07/10/2020 07/10/20 Off Market $296,000 -- --
07/06/2020 07/06/20 For Sale $319,900 -- $240 / 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 $6,582 $189,805 -- $189,805
2024 $6,582 $510,000 -- $510,000
2023 $6,232 $476,000 $0 $476,000
2022 $5,173 $341,250 $0 $341,250
2021 $4,379 $255,000 $0 $255,000
2020 $4,307 $250,000 $0 $250,000
2019 $4,140 $250,000 $0 $250,000
2018 $3,687 $205,000 $0 $0
2017 $2,907 $170,850 $0 $0
2016 $2,968 $170,850 $0 $0
2015 $2,405 $170,850 $0 $0
2014 $2,405 $143,274 $0 $0
2013 $2,321 $139,101 $1 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4471567

Stellar MLS

APN: 79273-0305-2