NOT LISTED FOR SALE

6171 Gulf of Mexico Dr Longboat Key, FL 34228

Estimated Value: $5,924,000 - $8,714,000

5 Beds
5.5 Baths
5,015 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $3,250,000 $648 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $45,813/month

137 Days on Market

Highlights

  • Beach Front
  • Boat Slip Deeded Off-Site
  • Custom Home
  • Anna Maria Elementary School Rated A-
  • Water access To Gulf or Ocean
  • 1.27 Acre Lot

About This Home

As of September 2013

Captivating Sunsets! This 5 bedroom home, situated on more than an acre of land on the Gulf's sandy-white beach, is custom-built with wonderful views at every turn. Lush landscape, an extended circular drive and an impressive foyer greet you. With Italianporcelain flooring throughout, a four-stop elevator and private guest suite including a sitting room this light and bright layout is great for overnight guests. The living/dining room features a wall of floor-to-ceiling glass showcasing turquoise watersof the Gulf and pocket sliders that extend the room to the screen-enclosed outdoor entertaining area. The open kitchen overlooks the Gulf and includes two pantries, a built-in planning desk and eat-in café. The master suite is a charming retreat with itsown private sitting area (the current owner is using it as an office), en-suite bath and direct access to the lanai. With the beach in your "backyard" and a private dock on sailboat waters just across the street, you immediately fall in love with this home. Also includes a 6-car garage with workspace, laundry room and plenty of storage rooms.

Last Agent to Sell the Property

Roger Pettingell

COLDWELL BANKER REALTY Brokerage Phone: 941-383-6411 License #0499842 Listed on: 03/13/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Pamela Hagan

COMPASS FLORIDA LLC License #0402163

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,311

Year Built

  • Built in 1995

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 100.0x555.0
  • Beach Front
  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • East Facing Home
  • Oversized Lot
  • Well Sprinkler System
  • Property is zoned R1SF

Parking

  • 5 Car Attached Garage
  • Bathroom In Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Beach
  • Full Gulf or Ocean

Home Design

  • Custom Home
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,015 Sq Ft Home
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Boat Slip Deeded Off-Site

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Anna Maria Elementary School
  • W.D. Sugg Middle School
  • Bayshore High School

Utilities

  • Humidity Control
  • Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 7836800008

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,311

Year Built

Built in 1995

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 5015
  • Lot Size Acres: 1.27
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 7525
  • Lot Size Sq Ft: 55500
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • RATIO Current Price By Calculate: 648.06
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded Off-Site
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-383-6411
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Window Features: Blinds
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 465.91

Exterior Features

  • Direction Faces: East
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO, SARASOTA BAY
  • Waterfront: Yes
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Gulf/Ocean
  • Water Extras: Bridges - No Fixed Bridges,Sailboat Water
  • Water View: Beach,Gulf/Ocean - Full
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Circular Driveway, Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side, In Garage, Oversized, Tandem, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Private, Sprinkler Well, Street Lights
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public, Well

Condo/Co-op/Association

  • Community Features: Waterfront Complex
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: None

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: R1SF
  • Parcel Number: 7836800008
  • Additional Parcels: No
  • Lot Features: FloodZone, Near Public Transit, Oversized Lot
  • Lot Dimensions: 100.0X555.0
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-09-30T00:00:00.000

Tax Info

  • Tax Annual Amount: 19311
  • Tax Book Number: 0007/0014
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Sep 30, 2013
Sold by
Whatmough Jeremy T and Whatmough Myrna Jane Ferrell
Bought by
Enright Brett A
Seller's Agent
Roger Pettingell
COLDWELL BANKER REALTY
Buyer's Agent
Pamela Hagan
COMPASS FLORIDA LLC
List Price
$3,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$245,000
-7.01%
Current Estimated Value
$6,921,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,671,083
Avg. Annual Appreciation
6.46%
Original Mortgage
$2,600,000
Outstanding Balance
$1,981,408
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,939,675

Purchase Details

Closed on
Mar 11, 2009
Sold by
Whatmough Jeremy T
Bought by
Whatmough Jeremy T and Whatmough Myrna Jane Ferrell

Purchase Details

Closed on
Jul 9, 2008
Sold by
Whatmough Jeremy T and Whatmough Myrna Jane Ferrell
Bought by
Whatmough Jeremy T

Purchase Details

Closed on
Aug 21, 2006
Sold by
Whatmough Myrna Jane Ferrell and Whatmough Jeremy T
Bought by
Whatmough Jeremy T and Whatmough Myrna Jane Ferrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1995
Sold by
Hansen Kenneth W and Takasugi Jim S
Bought by
Wedd Alfred M and Wedd Frances T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1993
Sold by
Burchell Richard C and Burchell Kristin L
Bought by
Whatmough Myrna Jane Ferrell
Source: Public Records

Range of Values:

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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
Enright Brett A $3,250,000 Attorney
Whatmough Jeremy T -- Attorney
Whatmough Jeremy T -- Attorney
Whatmough Jeremy T -- Fidelity National Title Ins
Wedd Alfred M $125,000 --
Whatmough Myrna Jane Ferrell $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enright Brett A $2,600,000
Previous Owner Whatmough Jeremy T $2,500,000
Previous Owner Wedd Alfred M $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $3,250,000 -5.7% $648 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/17/2013 07/17/13 Price Changed $3,445,000 -1.4% $687 / Sq Ft
03/13/2013 03/13/13 For Sale $3,495,000 -- $697 / 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 $115,049 $7,086,264 $4,016,250 $3,070,014
2024 $115,049 $7,465,277 $4,016,250 $3,449,027
2023 $112,702 $7,126,667 $3,570,000 $3,556,667
2022 $75,430 $5,118,325 $2,835,000 $2,283,325
2021 $66,921 $4,310,849 $2,835,000 $1,475,849
2020 $62,334 $3,649,177 $2,310,000 $1,339,177
2019 $61,280 $3,649,177 $2,310,000 $1,339,177
2018 $56,326 $3,270,872 $2,100,000 $1,170,872
2017 $50,514 $3,057,603 $0 $0
2016 $49,108 $2,904,069 $0 $0
2015 $47,861 $2,863,543 $0 $0
2014 $47,861 $2,747,060 $0 $0
2013 $19,839 $1,227,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3975005

Stellar MLS

APN: 78368-0000-8