NOT LISTED FOR SALE

615 Dream Island Rd Unit 305 Longboat Key, FL 34228

Estimated Value: $736,000 - $1,034,000

2 Beds
2 Baths
1,293 Sq Ft
$1,000/mo HOA Fee

Last Sold June 24, 2020

Last sale price $552,500 $427 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,802/month

117 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Public Boat Ramp
  • Boat Slip Deeded
  • Anna Maria Elementary School Rated A-
  • White Water Ocean Views
  • Heated In Ground Pool

About This Home

As of June 2020

Longboat Key Condo hidden away, overlooking beautiful Sarasota Bay with full water view. Bring your boat. Deeded boat slip great for fishing and boating enthusiasts. Total Unit renovation . 2018 new AC, master bath with large walk in shower and tile flooring throughout the living and dining area. balcony perfect for watching the pristine natural scenery of Sarasota Bay throughout the day. Plenty of Rental income already booked for 2020 to offset expenses . The best in Longboat lifestyle living awaits!

Last Agent to Sell the Property

William Glade

WILLIAM GLADE LIC. REAL ESTATE BROKER License #3306222 Listed on: 02/10/2020

Last Buyer's Agent

Lori Lahart

CENTURY 21 BILL NYE REALTY License #3300305

CENTURY 21 BILL NYE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 1985

Lot Details

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

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • White Water Ocean Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Access To Bayou
  • Access to Bay or Harbor
  • Boat Slip Deeded
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Humidity Control
  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Management Company Association
  • Harbour Villa Club At The Bucc Community
  • Harbour Villa Club At The Bucca Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Public Boat Ramp
  • Tennis Courts
  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,663

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Wood Siding
  • Fireplace: No
  • Living Area: 1293
  • Lot Size Acres: 4.24
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 184506
  • Directions to Property: Gulf of Mexico Dr. to Cannons Marina. Turn Right on Dream Island Rd. then left to Harbour Villa Club. Park by tennis courts
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459115?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459115?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9592
  • Price per Sq Ft: 427.3
  • Close to Original List Price Ratio: 0.95423
  • View: No
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 615
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Membrane, Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Bayou
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 200
  • Water Frontage Feet Bay Harbor: 200

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Available
  • Cooling: Central Air, Humidity Control
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Irrigation-Reclaimed Water, Pool, Public Boat Ramp, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Management Company
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3000
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 1000
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 12000
  • Total Monthly Fees: 1000

Lot Info

  • Zoning: T3
  • Parcel Number: 7878999551
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Week
  • Num Timesper Year: 52
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Condo registration form required for each guest

Tax Info

  • Tax Annual Amount: 5662.63
  • Tax Lot: 78789

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 17, 2020
Sold by
Maynard Andrew Francis and Maynard Sheila Mary
Bought by
Sawchuk Christopher S and Sawchuk Kimberly D
Seller's Agent
William Glade
WILLIAM GLADE LIC. REAL ESTATE BROKER
Buyer's Agent
Lori Lahart
CENTURY 21 BILL NYE REALTY
List Price
$579,000
Sold Price
$552,500
Premium/Discount to List
-$26,500
-4.58%
Current Estimated Value
$923,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,136
Avg. Annual Appreciation
10.18%
Original Mortgage
$276,250
Outstanding Balance
$194,202
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$729,434

Purchase Details

Closed on
Nov 30, 2009
Sold by
Gowan Douglas L and William C Gowan Trust #1
Bought by
Maynard Andrew Francis and Maynard Sheila Mary

Purchase Details

Closed on
Jun 15, 2009
Sold by
Gowan William C and Gowan Marlene J
Bought by
Gowan William C
Source: Public Records

Range of Values:

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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
Sawchuk Christopher S $552,500 Attorney
Maynard Andrew Francis $377,500 Attorney
Gowan William C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawchuk Christopher S $276,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2020 06/24/20 Sold $552,500 -4.1% $427 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
03/17/2020 03/17/20 Price Changed $576,000 -0.5% $445 / Sq Ft
02/03/2020 02/03/20 For Sale $579,000 -- $448 / 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 $10,629 $666,166 -- --
2024 $10,629 $792,200 -- $792,200
2023 $9,730 $691,050 $0 $691,050
2022 $7,764 $595,250 $0 $595,250
2021 $7,454 $455,000 $0 $455,000
2020 $6,884 $410,000 $0 $410,000
2019 $5,663 $320,000 $0 $320,000
2018 $5,813 $325,000 $0 $0
2017 $6,504 $420,900 $0 $0
2016 $5,963 $368,000 $0 $0
2015 $4,803 $327,600 $0 $0
2014 $4,803 $286,128 $0 $0
2013 $4,568 $273,774 $1 $273,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4459115

Stellar MLS

APN: 78789-9955-1