NOT LISTED FOR SALE

640 Rountree Dr Longboat Key, FL 34228

Estimated Value: $4,380,000 - $6,193,000

5 Beds
5.5 Baths
5,140 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $4,950,000 $963 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $34,493/month

2 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Private Beach
  • Boat Lift
  • White Water Ocean Views
  • Fishing Pier
  • In Ground Pool

About This Home

As of August 2021

Elegance, privacy and nature abound in this stunning Longboat Key waterfront home. Nestled on half an acre at the bay end of one of Longboat Key Estates’ coveted canals, The Dolphin House, designed by local architect Las Casitas in 2003 and named after the abundance of marine life that can be seen at any given time from the 200 ft of waterfront, is a perfect marriage of serenity and style. The original owners spared no expense on the craftsmanship and finishing of this exquisite 4 bed plus den, 4 car garage, Mediterranean-style residence.
The thoughtfully designed floor plan allows each family member their space, yet encourages guests to gather in the spacious kitchen/family room or linger on the covered decks to enjoy the morning sun, or watch the colors change and the marine life play in the bay as the sun goes down. Without a doubt, the most outstanding feature of The Dolphin House is the stunning panoramic views from almost every room in the house. The expansive 1st and 2nd floor decks invite you to sit awhile and enjoy the sounds and sights of the marine and bird life. It is so tranquil that it is hard to believe that you are so close to the bustle and vibrancy of St Armands Circle. If you want to go shell seeking or swimming at sunset, you can access the residents-only gate to one of the prettiest stretches of the Gulf of Mexico hidden behind a bank of luscious sea grapes. An added bonus, Keep your boat and water toys tucked away on the 60’ dock with 12,000lb boat lift along the sheltered canal. This home is being sold turnkey furnished. The 2 cars are available. Please explore the many features of this home in the MLS attachments. These include: elevator, 200 ft of waterfront, open design pool and spa, gas fireplace, 2 large garages to fit 4 cars, video surveillance, community well for irrigation, community boat dock, deeded private beach access.

Last Agent to Sell the Property

Bev Murray

BERKSHIRE HATHAWAY HOMESERVICE License #0682510 Listed on: 06/11/2021

BERKSHIRE HATHAWAY HOMESERVICE

Last Buyer's Agent

Janet Walter

MICHAEL SAUNDERS & COMPANY License #3018579

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,838

Year Built

  • Built in 2003

Lot Details

  • 0.52 Acre Lot
  • 200 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Street terminates at a dead end
  • West Facing Home
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned R4SF

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • White Water Ocean
  • Canal

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,140 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Gas Fireplace
  • Shades
  • Blinds
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Deck
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Fishing Pier
  • Deeded access to the beach
  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Minimum Wake Zone
  • Boat Lift
  • Open Dock
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Southside Elementary School
  • Booker Middle School
  • Booker High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Tankless Water Heater
  • Water Softener
  • High Speed Internet

Community Details

  • Active Adult
  • David Novak Association, Phone Number (941) 228-2903
  • Visit Association Website
  • Built by Bluewater Construction
  • Longboat Key Estates Community
  • Longboat Key Estates Resub Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,838

Year Built

Built in 2003

Lot Details

0.52 Acres

HOA Fees

$79 per month

Parking

4

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5140
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 6599
  • Lot Size Sq Ft: 22684
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503523?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4503523?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.1
  • Price per Sq Ft: 963.04
  • Close to Original List Price Ratio: 1.1
  • Ratio: Current Price\Building Area Total: 750.11
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Travertine
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Shades
  • Room Count: 15
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, In Ground, Lighting
  • Exterior Features: French Doors, Irrigation System, Lighting, Outdoor Grill, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck
  • Road Surface Type: Paved, Asphalt
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Canal - Saltwater
  • Water Extras: Dock - Composite, Dock - Open, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift, Minimum Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 200
  • Additional Water Information: Community dock overlooking the bay. Deeded, gated private access to the Gulf of Mexico.
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: HOA/PUD/Condo Disclosure, PACE Loan Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Other
  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Association Name: David Novak
  • Phone: 941-228-2903
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: Yes
  • Association Website: www.lbkestates.com
  • Association Email: info@longboatps.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 950
  • Monthly HOA Fee: 79.17
  • Total Monthly Fees: 79.17

Schools

  • Elementary School: Southside Elementary
  • High School: Booker High
  • Middle Or Junior School: Booker Middle

Lot Info

  • Zoning: R4SF
  • Parcel Number: 0002060015
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Building Info

  • Builder Name: Bluewater Construction

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: Contact David Novak of HOA for approval process david@longboatps.com
  • Num Timesper Year: 12
  • Pet Restrictions: See HOA Rules & Regulations
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Rules & Regulations

Tax Info

  • Tax Annual Amount: 40838.34
  • Tax Block: B
  • Tax Book Number: 6-11
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 5, 2021
Sold by
Aria Mary Ellen and Mary Ellen Aria Revocable Trust
Bought by
Michael Patrick Rutz Revocable Living Trust and Rutz
Seller's Agent
Bev Murray
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Janet Walter
MICHAEL SAUNDERS & COMPANY
List Price
$4,500,000
Sold Price
$4,950,000
Premium/Discount to List
$450,000
10%
Current Estimated Value
$5,498,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,909
Avg. Annual Appreciation
2.30%
Original Mortgage
$2,750,000
Outstanding Balance
$2,472,824
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$3,026,085

Purchase Details

Listed on
Nov 9, 2016
Closed on
Mar 15, 2018
Sold by
Depaul Barbara Ann and The Barbara Ann Depaul Revocab
Bought by
Aria Mary Ellen and The Mary Ellen Aria Revocable
Seller's Agent
Christine Del Monte
COLDWELL BANKER REALTY
Buyer's Agent
Caroline Lynch
HUNT BROTHERS REALTY, INC.
List Price
$4,395,000
Sold Price
$3,631,111
Premium/Discount to List
-$763,889
-17.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Listed on
Aug 12, 2014
Closed on
Sep 25, 2014
Sold by
Mcknight William E and Mcknight Carol L
Bought by
Depaul Barbara A and Barbara Ann Depaul Revocable Trust
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Christine Del Monte
COLDWELL BANKER REALTY
List Price
$3,500,000
Sold Price
$3,450,000
Premium/Discount to List
-$50,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$1,000,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2012
Closed on
Aug 13, 2013
Sold by
Borgelt Burton C and Borgelt Suzanne
Bought by
Mcknight William E and Mcknight Carol L
Seller's Agent
Mark Huber
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$3,795,000
Sold Price
$3,300,000
Premium/Discount to List
-$495,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Apr 16, 2003
Sold by
Longboat Key Ptnr L L C
Bought by
Borgelt Burton C and Borgelt Suzanne

Purchase Details

Closed on
Jan 17, 2002
Sold by
Behrenfeld William H and Smith Frances M
Bought by
Longboat Key Pntrs L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,988,700
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael Patrick Rutz Revocable Living Trust $4,950,000 None Listed On Document
Aria Mary Ellen $3,631,111 Attorney
Depaul Barbara A $3,450,000 Attorney
Mcknight William E $3,300,000 Attorney
Borgelt Burton C $3,500,000 --
Borgelt Burton C $3,500,000 --
Longboat Key Pntrs L L C $1,200,000 --
Longboat Key Pntrs L L C $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Patrick Rutz Revocable Living Trust $2,750,000
Previous Owner Depaul Barbara A $1,000,000
Previous Owner Longboat Key Pntrs L L C $1,988,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2021 08/05/21 Sold $4,950,000 +10.0% $963 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $4,500,000 +30.4% $875 / Sq Ft
08/17/2018 08/17/18 Off Market $3,450,000 -- --
03/15/2018 03/15/18 Sold $3,631,111 -4.3% $706 / Sq Ft View Prior Sale
01/16/2018 01/16/18 Pending -- -- --
01/15/2018 01/15/18 Price Changed $3,795,000 -5.0% $738 / Sq Ft
05/23/2017 05/23/17 Price Changed $3,995,000 -7.0% $777 / Sq Ft
12/09/2016 12/09/16 Price Changed $4,295,000 -2.3% $836 / Sq Ft
11/09/2016 11/09/16 For Sale $4,395,000 +27.4% $855 / Sq Ft
09/26/2014 09/26/14 Sold $3,450,000 -1.4% $674 / Sq Ft View Prior Sale
08/15/2014 08/15/14 Pending -- -- --
08/12/2014 08/12/14 For Sale $3,500,000 +6.1% $683 / Sq Ft
08/15/2013 08/15/13 Sold $3,300,000 -13.0% $737 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $3,795,000 +15.0% $847 / Sq Ft
06/16/2013 06/16/13 Off Market $3,300,000 -- --
04/09/2013 04/09/13 Price Changed $3,795,000 -5.0% $847 / Sq Ft
01/11/2013 01/11/13 For Sale $3,995,000 0.0% $892 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $3,995,000 -- $892 / Sq Ft
Source: Stellar MLS

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 $69,621 $4,717,300 $2,550,700 $2,166,600
2024 $62,931 $5,340,660 -- --
2023 $62,931 $4,798,400 $2,781,000 $2,017,400
2022 $60,091 $4,522,900 $2,554,100 $1,968,800
2021 $41,837 $2,999,200 $1,771,300 $1,227,900
2020 $40,838 $2,863,300 $1,452,500 $1,410,800
2019 $38,232 $2,704,200 $1,417,100 $1,287,100
2018 $41,863 $2,991,663 $0 $0
2017 $41,478 $2,916,503 $0 $0
2016 $41,373 $2,956,600 $1,505,600 $1,451,000
2015 $41,880 $2,831,300 $1,505,600 $1,325,700
2014 $45,779 $2,757,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4503523

Stellar MLS

APN: 0002-06-0015

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