Seller's Agent in 2022
Robert Lunt
REALTY ONE GROUP MVP
(941) 879-4730
1 in this area
87 Total Sales
6555 Bayou Hammock Rd Longboat Key, FL 34228
Estimated Value: $2,642,000 - $3,051,000
5
Beds
4.5
Baths
3,846
Sq Ft
$740/Sq Ft
Est. Value
Highlights
- 90 Feet of Waterfront
- Guest House
- In Ground Pool
- Anna Maria Elementary School Rated A-
- Dock made with wood
- 0.81 Acre Lot
About This Home
As of June 2022Welcome to the good life! If you don't know, Longboat Key is one of the most exclusive islands in the whole country where many celebrities and public figures call home. This property is 1 of a kind! This is the perfect location on the north end of the island on the bay side within the village next to the new Shore resturant that you may have seen on the hit MTV show Siesta Key. It is nestled in a gated subdivision called Bayou Hammock on a Bayou front lot just under an acre with an ancient salt water spring that provides pristine waters and lies just feet from the dock in the Bayou, which is part of Sarasota Bay and flows right into the Gulf of Mexico. Needless to say bring your boat, your vision, and leave the rest behind because this property will serve you and generations to come with the ultimate upscale salt water island lifestyle. The beach is a quarter mile from the home and even though the property is in need of TLC it boasts of privacy and utility with 3 car detached garage under the guest house and an additional 1 car garage attached to the home as well. The walls are covered in discontinued rare pecky cypress wood and the floors are covered with a rare and beautiful mosaic tile in the main living area. This diamond in the rough has 3800 sq ft, has a pool, 90 ft of water frontage, 2 offices, a library and lots of mature landscping for future privacy, shade, and wildlife. This home would be great for a nice renovation that will boost its value in the mid 5's or can be a premeir site for a brandnew 6000 sq ft palace that will value it around 8 m, your decision. Don't let this rare exclusive oputunity slip away and contact us for a showing. Note: This was the former home of Herbert Fields the developer who built the Colony Beach Club on Longboat Key. He built this estate in 1953.
Last Agent to Sell the Property
REALTY ONE GROUP MVP License #3350526 Listed on: 11/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,417
Year Built
- Built in 1953
Lot Details
- 0.81 Acre Lot
- 90 Feet of Waterfront
- Property fronts a bayou
- Property fronts a private road
- East Facing Home
- Irrigation
- Property is zoned R1SF
HOA Fees
- $42 Monthly HOA Fees
Parking
- 4 Car Attached Garage
Property Views
- Water
- Bayou
Home Design
- Bi-Level Home
- Slab Foundation
- Shingle Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 3,846 Sq Ft Home
- High Ceiling
- Ceiling Fan
- Skylights
- French Doors
- Sliding Doors
- Combination Dining and Living Room
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Outdoor Features
- In Ground Pool
- Access To Bayou
- Dock made with wood
- Shed
- Rain Gutters
Schools
- Anna Maria Elementary School
- Martha B. King Middle School
- Bayshore High School
Additional Features
- Guest House
- Central Heating and Cooling System
Community Details
- Terri Association
- Bayou Hammock Community
- Bayou Hammock Subdivision
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 7830800004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2021
Closed on
Jun 17, 2022
Sold by
Estrin Alison S
Bought by
Martin Jacob Y
Seller's Agent
Robert Lunt
REALTY ONE GROUP MVP
Buyer's Agent
Victoria Lear
MICHAEL SAUNDERS & COMPANY
List Price
$3,500,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,000,000
-28.57%
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
$346,500
Avg. Annual Appreciation
4.00%
Original Mortgage
$1,500,000
Outstanding Balance
$1,427,256
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$1,419,244
Purchase Details
Closed on
Aug 24, 1995
Sold by
Field Carolyn Lk and Field Herbert P
Bought by
Estrin Richard W and Estrin Alison S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Jacob Y | $17,500 | Blalock Walters Pa | |
| Estrin Richard W | $875,000 | -- | |
| Estrin Richard W | -- | -- | |
| Estrin Richard W | -- | -- | |
| Estrin Richard W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Jacob Y | $1,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2022 06/17/22 | Sold | $2,500,000 | -13.8% | $650 / Sq Ft |
| 04/18/2022 04/18/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | Price Changed | $2,900,000 | -14.7% | $754 / Sq Ft |
| 03/08/2022 03/08/22 | Price Changed | $3,400,000 | -2.9% | $884 / Sq Ft |
| 01/11/2022 01/11/22 | Price Changed | $3,500,000 | 0.0% | $910 / Sq Ft |
| 01/11/2022 01/11/22 | For Sale | $3,500,000 | -10.3% | $910 / Sq Ft |
| 12/22/2021 12/22/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | Price Changed | $3,900,000 | -13.3% | $1,014 / Sq Ft |
| 11/24/2021 11/24/21 | For Sale | $4,500,000 | -- | $1,170 / 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 | $10,714 | $677,875 | $677,875 | -- |
| 2024 | $10,714 | $677,875 | $677,875 | -- |
| 2023 | $10,955 | $677,875 | $677,875 | $0 |
| 2022 | $16,877 | $1,093,996 | $0 | $0 |
| 2021 | $16,417 | $1,062,132 | $0 | $0 |
| 2020 | $17,013 | $1,047,467 | $0 | $0 |
| 2019 | $16,732 | $1,023,917 | $0 | $0 |
| 2018 | $16,630 | $1,004,825 | $0 | $0 |
| 2017 | $15,185 | $984,158 | $0 | $0 |
| 2016 | $15,193 | $963,916 | $0 | $0 |
| 2015 | $15,285 | $957,215 | $0 | $0 |
| 2014 | $15,285 | $949,618 | $0 | $0 |
| 2013 | $14,967 | $935,584 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Lunt
-
Victoria Lear
Buyer's Agent in 2022
Victoria Lear
Michael Saunders
(941) 350-1064
7 in this area
65 Total Sales
Map
Source: Stellar MLS
MLS Number: A4518741
APN: 78308-0000-4
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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