NOT LISTED FOR SALE

605 Sutton Place Unit 405 Longboat Key, FL 34228

Estimated Value: $337,171 - $453,000

1 Bed
1 Bath
775 Sq Ft
6.09 Acres

Last Sold November 27, 2019

Last sale price $243,000 $314 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,578/month

265 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Deeded access to the beach
  • Fishing
  • White Water Ocean Views
  • Heated In Ground Pool
  • Elevator

About This Home

As of November 2019

Back on the market with Major Price Reduction!....

Enjoy captivating panoramic views of Sarasota Bay and marina from this top floor sunny 1-bedroom, 1-bath corner unit. Well equipped kitchen, dining on lanai with full Bay view. Tastefully decorated and Beautiful flooring. Master bath en-suite with separate vanity area, walk in closet, tub/shower combo and grab bar safety handrails in the shower and toilet area. Offered Turnkey Furnished

Sutton Place offers many amenities including two heated pools (one directly on the Bay), Gulf beach access with beach house, parking and facilities. Boat docks are also available for lease at a low rental fee. Kayak launch and kayak storage on-property. Carport parking and guest parking available. Large clean and well-maintained shared washer/dryers. Elevator access.

Longboat Key offers 10 miles of bicycle paths and sidewalks. Beach access with 10 miles of sandy beach with sloping gradient and calm Gulf waters is a short walk or drive across Gulf of Mexico Drive. Joan Durante Park offers Bayside fishing and pathways to the Bay. Convenient to restaurants and shopping mid-island and a short drive to Anna Maria Island and St. Armand's Circle with world-class shopping and restaurants and convenient to downtown Sarasota night-life, theatres, opera and museums. Live the good life and make this your next vacation destination!

Last Agent to Sell the Property

Mary Moore

WAGNER REALTY License #3085267 Listed on: 01/31/2019

WAGNER REALTY

Last Buyer's Agent

Cathy Palmer

MICHAEL SAUNDERS & COMPANY License #3324046

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,898

Year Built

  • Built in 1973

Lot Details

  • 200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Landscaped with Trees

Property Views

  • White Water Ocean
  • Pool

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 775 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Access to Bay or Harbor
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Lighthouse Management/Alex Mcgonigal Association, Phone Number (941) 312-5287
  • Sutton Place Condo Community
  • Sutton Place Condo Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,898

Year Built

Built in 1973

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 775
  • New Construction: No
  • Year Built: 1973
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425774&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4425774&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95294
  • Price per Sq Ft: 313.55
  • Close to Original List Price Ratio: 0.88364
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 4
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Built-Up
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Beach - Access Deeded
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 200
  • Water Frontage Feet Bay Harbor: 200

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Pool, Water Access, Waterfront
  • Association Amenities: Elevator(s), Maintenance, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse Management/Alex McGonigal
  • Phone: 941-312-5287
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 609
  • Condo Fees Term: Monthly
  • Association Email: alexmcgoinigal@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 609
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8027411050
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Application to Association
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease of 1 month twice per year

Tax Info

  • Tax Annual Amount: 3898
  • Tax Book Number: 1480-7817
  • Tax Lot: PH5

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Daugherty Dennis T and Daugherty Brenda G
Bought by
Dennis And Brenda Daugherty Living Trust and Daugherty
Current Estimated Value
$399,043

Purchase Details

Listed on
Jan 31, 2019
Closed on
Nov 27, 2019
Sold by
Bauer Steven V
Bought by
Daugherty Dennis T and Daugherty Brenda G
Seller's Agent
Mary Moore
WAGNER REALTY
Buyer's Agent
Cathy Palmer
MICHAEL SAUNDERS & COMPANY
List Price
$255,000
Sold Price
$243,000
Premium/Discount to List
-$12,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$182,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2017
Sold by
Smith Robert F and Smith Mirian D
Bought by
Bauer Steven V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2000
Sold by
Mehr Clyde and Mehr Bethany
Bought by
Smith Robert F and Smith Miriam D

Purchase Details

Closed on
Dec 4, 1997
Sold by
Mehr Clfyde and Mehr Bethany
Bought by
Mehr Clyde and Mehr Bethany
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dennis And Brenda Daugherty Living Trust $100 None Listed On Document
Daugherty Dennis T $243,000 Attorney
Bauer Steven V $200,000 Equity National Title & Clso
Smith Robert F $132,000 --
Mehr Clyde -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daugherty Dennis T $182,250
Previous Owner Bauer Steven V $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $243,000 -4.7% $314 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $255,000 0.0% $329 / Sq Ft
09/25/2019 09/25/19 For Sale $255,000 +4.9% $329 / Sq Ft
06/03/2019 06/03/19 Off Market $243,000 -- --
01/31/2019 01/31/19 For Sale $275,000 -- $355 / 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 $5,768 $358,705 -- --
2024 $5,768 $403,750 -- $403,750
2023 $5,795 $429,250 $0 $429,250
2022 $4,873 $315,000 $0 $315,000
2021 $4,195 $245,000 $0 $245,000
2020 $4,405 $245,000 $0 $245,000
2019 $4,299 $245,000 $0 $245,000
2018 $3,899 $210,000 $0 $0
2017 $3,031 $178,650 $0 $0
2016 $2,869 $164,773 $0 $0
2015 $2,690 $164,773 $0 $0
2014 $2,690 $160,279 $0 $0
2013 $2,674 $160,279 $1 $160,278
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary Moore

    WAGNER REALTY

    (941) 383-5577

    8 in this area

    35 Total Sales

    Mary Moore
    Section Image
  • Cathy Palmer

    Buyer's Agent in 2019

    Cathy Palmer

    Michael Saunders

    (941) 748-6300

    78 Total Sales

    Cathy Palmer
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4425774

Stellar MLS

APN: 80274-1105-0

Florida Manatee County Longboat Key 34228

605 Sutton Place Unit 405, Longboat Key, FL

Not Listed for Sale

Condos

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