NOT LISTED FOR SALE

614 Norton St Longboat Key, FL 34228

Estimated Value: $2,751,463 - $2,991,000

6 Beds
5.5 Baths
4,676 Sq Ft
$616/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $2,000,000 $428 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $17,993/month

188 Days on Market

Highlights

  • 80 Feet of Salt Water Canal Waterfront
  • Dock made with wood
  • Home Theater
  • Anna Maria Elementary School Rated A-
  • Sailboat Water Access
  • In Ground Pool

About This Home

As of January 2022

This unique, beautifully renovated European designed split level home offers the true island lifestyle you would expect and deserve when residing on Longboat Key! Located on a deep-water canal where you and your sailboat are just seconds from Sarasota Bay. The three levels are connected by an elevator with the first floor providing a bonus 932 square feet of additional space. Extensive balcony space covered with remote control louvers with both a southern and western exposure provides several places to enjoy your morning coffee, mesmerized by the shimmering pool or to share a glass of wine as the sun sets. The large, modern, functional kitchen is a chef and baker's dream. The floor plan is a perfect layout for extended family visits and in-law accommodations. This home is securely raised with solid block construction on all three levels. Electric and utility are currently being buried underground by the town for additional safety and security, followed by repaving of the street. This is a one-of-a-kind gem right in the middle of paradise: enjoy a short walk to the beach, fishing off the dock, kayaking from the backyard, golf and tennis at world famous resorts on the island, along with easy access to St. Armand's, downtown Sarasota and Anna Maria Island.

Last Agent to Sell the Property

Maureen Gallagher Legac

THE KEYES COMPANY - SARASOTA License #3208399 Listed on: 06/16/2021

THE KEYES COMPANY  - SARASOTA

Last Buyer's Agent

Bailey Dempsey

KW COASTAL LIVING III License #3306079

KW COASTAL LIVING III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,767

Year Built

  • Built in 1994

Lot Details

  • 9,840 Sq Ft Lot
  • 80 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • Northwest Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Fruit Trees
  • Property is zoned R4SF

Parking

  • 4 Car Attached Garage
  • Split Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,676 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Desk
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Inside Utility
  • Utility Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Dock made with wood
  • Wrap Around Porch
  • Patio
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Moody Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

  • Zoned Heating and Cooling
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sleepy Hollow Subdivision Community
  • Sleepy Lagoon Park 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,767

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4676
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 7941
  • Lot Size Sq Ft: 9840
  • Directions to Property: Gulf of Mexico Drive just south of Longboat Pass to General Harris Street. Turn East on General Harris. Turn North on Norton to home on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 196189995
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 427.72
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Elevator, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds, Drapes, Rods
  • Street Number Modifier: 614
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Formal Dining Room Separate,Inside Utility,Media Room
  • Living Area Meters: 434.41
  • Room Count: 12

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Side Porch, Wrap Around
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 80
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0291E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener, Oversized, Split Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Available, Propane, Sewer Connected, Sprinkler Meter
  • Cooling: Central Air, Zoned
  • Heating: Central
  • Laundry Features: Inside, Laundry Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Closed Circuit Camera(s), Fire Sprinkler System, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7868500005
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Flood Insurance Required, FloodZone, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 914
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No additional lease restrictions. Can lease 1x a month, 12 times a year.

Tax Info

  • Tax Annual Amount: 13767
  • Tax Book Number: 7-28
  • Tax Lot: 58

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jan 14, 2022
Sold by
Shanti Kalathia Axay and Shanti Calice
Bought by
Miller Sandra Corse
Seller's Agent
Maureen Gallagher Legac
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Bailey Dempsey
KW COASTAL LIVING III
List Price
$2,500,000
Sold Price
$2,000,000
Premium/Discount to List
-$500,000
-20%
Current Estimated Value
$2,880,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,116
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Jun 24, 2011
Sold by
Grisby Lonnie O
Bought by
Kalathia Axay Shanti and Kalathia Calice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2004
Sold by
Grigsby Lisa A
Bought by
Grigsby Lonnie O

Purchase Details

Closed on
Dec 20, 2000
Sold by
Coward Holdings P L C
Bought by
Coward Holdings Inc

Purchase Details

Closed on
May 30, 2000
Sold by
Durlach Joachim and Durlach Johanna
Bought by
Coward Holdings P L C

Purchase Details

Closed on
Sep 27, 1999
Sold by
Ddurlach Klaus
Bought by
Durlach Joachim
Source: Public Records

Range of Values:

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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
Miller Sandra Corse $2,000,000 None Listed On Document
Kalathia Axay Shanti $540,000 Integrity Title Services Inc
Grigsby Lonnie O -- Signature Title Services Llc
Grigsby Lonnie O $1,000,000 Signature Title Services Llc
Coward Holdings Inc $396,700 --
Coward Holdings P L C $425,000 --
Durlach Joachim $133,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalathia Axay Shanti $200,000
Previous Owner Kalathia Axay Shanti $655,400
Previous Owner Kalathia Axay Shanti $200,000
Previous Owner Kalathia Axay Shanti $417,000
Previous Owner Grigsby Lonnie O $200,000
Previous Owner Grigsby Lonnie O $200,000
Previous Owner Grigsby Lonnie O $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $2,000,000 -11.1% $428 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $2,250,000 -10.0% $481 / Sq Ft
06/16/2021 06/16/21 For Sale $2,500,000 -- $535 / 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
2024 $27,603 $1,868,110 -- --
2023 $27,420 $1,813,699 $510,000 $1,303,699
2022 $28,012 $1,788,133 $400,000 $1,388,133
2021 $13,286 $871,749 $0 $0
2020 $13,767 $859,713 $0 $0
2019 $13,529 $840,384 $0 $0
2018 $13,445 $824,714 $0 $0
2017 $12,190 $807,751 $0 $0
2016 $12,194 $791,137 $0 $0
2015 $12,428 $785,638 $0 $0
2014 $12,428 $779,403 $0 $0
2013 $12,168 $767,885 $237,000 $530,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4504183

Stellar MLS

APN: 78685-0000-5