NOT LISTED FOR SALE

615 Dream Island Rd Unit 309 Longboat Key, FL 34228

Estimated Value: $736,000 - $1,012,000

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

Last Sold March 19, 2020

Last sale price $527,000 $408 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,720/month

209 Days on Market

Highlights

  • White Water Ocean Views
  • Dock made with wood
  • Heated In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Access To Bayou
  • Tennis Courts

About This Home

As of March 2020

Longboat Key Condo hidden away, overlooking beautiful Sarasota Bay with full water view. Deeded boat slip for fishing and boating enthusiasts. Unit renovated in 2012. 2016 new hot water heater, updated 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 2019-2020 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: 07/13/2019

Last Buyer's Agent

William Glade

WILLIAM GLADE LIC. REAL ESTATE BROKER License #3306222 Listed on: 07/13/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,394

Year Built

  • Built in 1985

Lot Details

  • East Facing Home

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Metal Roof
  • Siding

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • Bar Fridge
  • Ceiling Fan
  • Ceramic Tile Flooring
  • White Water Ocean Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Access To Bayou
  • Access to Bay or Harbor
  • Dock has access to water
  • Dock made with wood
  • Balcony

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, sewer, trash, water
  • Harbour Villa Club At The Bucc Community
  • Harbour Villa Club At The Bucca Subdivision
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,394

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 1293
  • New Construction: No
  • Year Built: 1985
  • Directions to Property: North on Gulf of Mexico Dr. to Cannons Marina. Turn Right on Dream Island Rd. then left to Harbour Villa Club
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441092?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4441092?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95126
  • Price per Sq Ft: 407.58
  • Close to Original List Price Ratio: 0.94275
  • View: No
  • Ownership: Condominium
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 615
  • Room Count: 6
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony
  • Roof: Membrane, Metal
  • Pool Private: Yes
  • Waterfront: No
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Bayou
  • Water Extras: Dock - Wood, Dock w/Water Supply
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts, Water Access
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 3000
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1000
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: T3
  • Parcel Number: 7878999759
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: 1 Week
  • Approval Process: Weeky rentals
  • Pet Restrictions: Owner is allowed one pet, guests and tenants are not allowed to have a pet
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Weekly rentals

Tax Info

  • Tax Annual Amount: 6394
  • Tax Block: 1017
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Mar 17, 2020
Sold by
Griffin Ester Jean Higgins and Ester Jean Higgins
Bought by
Muller Warren and Muller Sabina
Seller's Agent
William Glade
WILLIAM GLADE LIC. REAL ESTATE BROKER
Buyer's Agent
William Glade
WILLIAM GLADE LIC. REAL ESTATE BROKER
List Price
$559,000
Sold Price
$527,000
Premium/Discount to List
-$32,000
-5.72%
Current Estimated Value
$911,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,802
Avg. Annual Appreciation
10.36%
Original Mortgage
$421,600
Outstanding Balance
$372,675
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$539,127

Purchase Details

Closed on
Sep 17, 2015
Sold by
Bingham John Simon and Bingham Guy Nicholas
Bought by
Griffin Ester Jean Higgins and Ester Jean Higgins Griffin

Purchase Details

Listed on
Jul 6, 2012
Closed on
Sep 27, 2012
Sold by
Dlj Mortgage Capital Inc
Bought by
Bingham John Simon and Bingham Guy Nicholas
Seller's Agent
William Davis
SUNNY SHORES REALTY LLC
Buyer's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Powers Richard T and Powers Stacey M
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Sep 3, 2005
Sold by
Powers Richard T and Sarandes Anthony A
Bought by
Powers Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bousky Joseph F and Bousky Phyllis L
Bought by
Powers Richard T and Sarandes Anthony A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,000
Interest Rate
6.04%
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
Muller Warren $527,000 Attorney
Griffin Ester Jean Higgins $500,000 Attorney
Bingham John Simon $290,000 Attorney
Dlj Mortgage Capital Inc $590,600 Attorney
Powers Richard T -- --
Powers Richard T $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Warren $421,600
Previous Owner Powers Richard T $575,000
Previous Owner Powers Richard T $439,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2020 03/19/20 Sold $527,000 -4.9% $408 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/16/2020 01/16/20 Price Changed $554,000 -0.9% $428 / Sq Ft
10/21/2019 10/21/19 For Sale $559,000 +6.1% $432 / Sq Ft
10/18/2019 10/18/19 Off Market $527,000 -- --
09/05/2019 09/05/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $559,000 +92.8% $432 / Sq Ft
10/09/2012 10/09/12 Sold $290,000 0.0% $224 / Sq Ft View Prior Sale
08/09/2012 08/09/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $290,000 -- $224 / 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 $6,917 $410,000 $0 $410,000
2019 $6,236 $355,000 $0 $355,000
2018 $6,394 $360,000 $0 $0
2017 $6,791 $424,750 $0 $0
2016 $6,228 $371,850 $0 $0
2015 $4,654 $320,750 $0 $0
2014 $4,654 $277,278 $0 $0
2013 $4,421 $264,924 $1 $264,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4441092

Stellar MLS

APN: 78789-9975-9