Seller's Agent in 2024
Lisa Napolitano
DOUGLAS ELLIMAN
(941) 993-0025
2 in this area
66 Total Sales
651 Cedars Ct Longboat Key, FL 34228
Estimated Value: $391,000 - $588,585
2
Beds
2
Baths
1,440
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Beach Access
- Fitness Center
- Fishing
- Anna Maria Elementary School Rated A-
- Lap Pool
- View of Trees or Woods
About This Home
As of February 2024Now is the time to seize the opportunity and purchase this exquisite turnkey furnished townhome in Cedars East Tennis & Fitness Resort on Longboat Key. Whether you're looking for your permanent island home, a second-home, or an investment opportunity, this townhome has it all. Imagine enjoying the peacefulness of the lanai with its serene wooded view, or waking up to the soothing sight from the spacious owners suite. The guest bedroom offers a delightful view of the sparkling pool waters. Currently a rental income property and weekend getaway for the owners, you can make this townhome your own while reaping the benefits. The resort amenities include a Jr. Olympic pool, scenic boardwalks through mangroves, and a bayside fishing pier - all accessible to residents with no additional fees. The Cedars East Tennis Club and Resort is renowned for its 10 Har Tru courts, Pro-Shop, daily clinics, and more. As the new owner, you'll have the option to purchase a full club membership, which includes access to the fitness center, bicycles, and the seasonal Tiki Bar by the pool. Conveniently located near exceptional retail outlets and eateries, including St. Armand's Circle and Sarasota's vibrant arts and entertainment scene, this location offers the best of both worlds. Don't miss out on this incredible opportunity to live in one of America's best places to live.
Last Agent to Sell the Property
DOUGLAS ELLIMAN Brokerage Phone: 941-412-3323 License #3351255 Listed on: 08/31/2023
Co-Listed By
PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-412-3323 License #3208771
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,500
Year Built
- Built in 1988
Lot Details
- Near Conservation Area
- West Facing Home
- Mature Landscaping
- Irrigation
- Wooded Lot
- Landscaped with Trees
HOA Fees
- $833 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Ground Level Parking
- Tandem Parking
- Garage Door Opener
- Driveway
- Guest Parking
- Parking Garage Space
Property Views
- Woods
- Tennis Court
Home Design
- Florida Architecture
- Elevated Home
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Concrete Siding
Interior Spaces
- 1,440 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Ceiling Fan
- Blinds
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Range Hood
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Reclaimed Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Pool
- Lap Pool
- Pool Lighting
Outdoor Features
- Beach Access
- Fishing Pier
- Access to Bay or Harbor
- Property is near a marina
- Balcony
- Enclosed Patio or Porch
- Exterior Lighting
Location
- Flood Zone Lot
- Property is near public transit
- Property is near a golf course
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Underground Utilities
- Electric Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 26
- Assessor Parcel Number 7927304209
Community Details
Overview
- Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, private road, recreational facilities, sewer, trash, water
- $52 Other Monthly Fees
- Lighthouse Property Mgmt Association, Phone Number (941) 460-5560
- Cedars East Community
- Cedars East Sec 1 Subdivision
- On-Site Maintenance
- The community has rules related to deed restrictions
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Fitness Center
- Community Pool
- Fishing
Pet Policy
- Pets up to 30 lbs
- 2 Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Feb 5, 2024
Sold by
Ellis L Hyman Living Trust
Bought by
Sandstrom Stephen Eric and Sandstrom Jennifer Jeannine
Seller's Agent
Lisa Napolitano
DOUGLAS ELLIMAN
Buyer's Agent
Sean Clark
MICHAEL SAUNDERS & COMPANY
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,104
Avg. Annual Appreciation
-11.75%
Original Mortgage
$520,000
Outstanding Balance
$511,266
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$13,630
Purchase Details
Closed on
Jan 27, 2023
Sold by
Hyman Ellis L
Bought by
Ellis L Hyman Living Trust
Purchase Details
Listed on
Sep 7, 2021
Closed on
Oct 22, 2021
Sold by
Maldonado Robert and Maldonado Zena
Bought by
Hyman Ellis
Seller's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
Buyer's Agent
Lisa Napolitano
DOUGLAS ELLIMAN
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Purchase Details
Closed on
Mar 10, 2017
Sold by
Nathanson Seymour and Nathanson Ruth
Bought by
Maldonado Robert and Maldonado Zena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 31, 2008
Sold by
Corbino Carolyn
Bought by
Nathanson Seymour and Nathanson Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2002
Sold by
Corbino Carolyn L and Corbino Carolyn
Bought by
Corbino Carolyn
Purchase Details
Closed on
Nov 30, 2001
Sold by
Schell Heinz
Bought by
Corbino Carolyn I
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sandstrom Stephen Eric | $650,000 | None Listed On Document | |
| Ellis L Hyman Living Trust | $100 | -- | |
| Hyman Ellis | $430,000 | Attorney | |
| Maldonado Robert | $289,000 | Attorney | |
| Nathanson Seymour | $320,000 | Cps Title Llc | |
| Corbino Carolyn | -- | -- | |
| Corbino Carolyn I | $236,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sandstrom Stephen Eric | $520,000 | |
| Previous Owner | Maldonado Robert | $231,200 | |
| Previous Owner | Nathanson Seymour | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/05/2024 02/05/24 | Sold | $650,000 | -3.7% | $451 / Sq Ft | |
| 12/10/2023 12/10/23 | Pending | -- | -- | -- | |
| 10/16/2023 10/16/23 | Price Changed | $675,000 | -2.9% | $469 / Sq Ft | |
| 10/03/2023 10/03/23 | For Sale | $695,000 | +6.9% | $483 / Sq Ft | |
| 09/29/2023 09/29/23 | Off Market | $650,000 | -- | -- | |
| 08/31/2023 08/31/23 | For Sale | $695,000 | +61.6% | $483 / Sq Ft | |
| 10/22/2021 10/22/21 | Sold | $430,000 | -4.2% | $299 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/07/2021 09/07/21 | For Sale | $449,000 | -- | $312 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $7,757 | $207,060 | -- | $207,060 |
| 2024 | $7,757 | $552,500 | -- | $552,500 |
| 2023 | $7,325 | $514,250 | $0 | $514,250 |
| 2022 | $6,120 | $367,500 | $0 | $367,500 |
| 2021 | $4,688 | $275,000 | $0 | $275,000 |
| 2020 | $4,761 | $265,000 | $0 | $265,000 |
| 2019 | $4,573 | $265,000 | $0 | $265,000 |
| 2018 | $4,094 | $220,000 | $0 | $0 |
| 2017 | $3,806 | $227,500 | $0 | $0 |
| 2016 | $3,886 | $227,500 | $0 | $0 |
| 2015 | $3,197 | $227,500 | $0 | $0 |
| 2014 | $3,197 | $190,444 | $0 | $0 |
| 2013 | $3,085 | $184,897 | $1 | $184,896 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Napolitano
-
Holly Switow
Seller Co-Listing Agent in 2024
Holly Switow
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 735-3186
8 in this area
58 Total Sales
-
Sean Clark
Buyer's Agent in 2024
Sean Clark
Michael Saunders
(941) 312-1146
24 in this area
37 Total Sales
-
Shayla Twit
Seller's Agent in 2021
Shayla Twit
CORCORAN DWELLINGS REALTY
(941) 544-7690
29 in this area
92 Total Sales
Map
Source: Stellar MLS
MLS Number: N6128323
APN: 79273-0420-9
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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