NOT LISTED FOR SALE

690 Penfield St Longboat Key, FL 34228

Estimated Value: $1,049,000 - $1,334,330

2 Beds
2 Baths
2,012 Sq Ft
$603/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $670,000 $333 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,838/month

363 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Parking available for a boat
  • Dock made with wood
  • Anna Maria Elementary School Rated A-
  • Access To Intracoastal Waterway
  • Boat Slip Deeded

About This Home

As of June 2020

You will Love this Private Island Hideaway that sits on a Large Waterfront lot on Longboat Key. This property is truly a Boaters and Sport Fisherman's Paradise! This 2 Bedroom 2 Bath Pool Home with direct access to The Intercoastal Waterway has so much to offer. Once inside you'll find it light and bright with solid wood floors, large open living space with cathedral ceilings, updated kitchen with stone counters and stainless steel appliances, wood burning fireplace, loft area overlooking the great room, nice master suite and more. Once you step outside the main living area you'll enjoy gulf to bay breezes on the large screened in wraparound deck, there is an open covered deck off the master with access to a captains rooftop deck with expansive views of Sarasota Bay to downtown. This property also offers an oversized screened in pool and spa area for relaxing and entertaining. Bring your boats and water toys! There is an all weather Ipe wood dock equipped with water, electric and 2 boat lifts! Open private outdoor living space, plenty of parking on the pavered drive, 2 car garage plus bonus space and hurricane rated garage doors. This is a great island deal that is ready and waiting for you!

Last Agent to Sell the Property

Judy Kepecz-Hays

COLDWELL BANKER REALTY License #0318608 Listed on: 05/15/2019

COLDWELL BANKER REALTY

Last Buyer's Agent

James Roadman, Jr

REEL COASTAL PROPERTIES, LLC License #3403313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,439

Year Built

  • Built in 1979

Lot Details

  • 10,379 Sq Ft Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Northwest Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking
  • Parking Garage Space
  • Parking available for a boat
  • Golf Cart Parking

Property Views

  • Intracoastal
  • Canal
  • Pool

Home Design

  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 2,012 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Balcony
  • Deck
  • Wrap Around Porch
  • Exterior Lighting

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park 3 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,439

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2012
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3546
  • Lot Size Sq Ft: 10379
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436104&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4436104&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.95851
  • Price per Sq Ft: 333
  • Close to Original List Price Ratio: 0.89333
  • Ratio: Current Price\Building Area Total: 188.95
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Open Floorplan, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Room Count: 6
  • Additional Rooms: Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Balcony, Lighting, Sliding Doors
  • Roof: Metal, Other, Shingle
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Rear Porch, Side Porch, Wrap Around
  • Water View: Canal, Intracoastal Waterway
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 100
  • Water Frontage Feet Canal Salt: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Covered, Driveway, Golf Cart Parking, Guest, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7851700307
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with town of Longboat Key for current rental and leasing restrictions.

Tax Info

  • Tax Annual Amount: 7438.73
  • Tax Book Number: 17-22
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 1, 2020
Sold by
Aronow Mark
Bought by
Growcock Chris
Seller's Agent
Judy Kepecz-Hays
COLDWELL BANKER REALTY
Buyer's Agent
James Roadman, Jr
REEL COASTAL PROPERTIES, LLC
List Price
$750,000
Sold Price
$670,000
Premium/Discount to List
-$80,000
-10.67%
Current Estimated Value
$1,213,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,083
Avg. Annual Appreciation
11.78%

Purchase Details

Closed on
Aug 17, 2006
Sold by
Nelson Deborah
Bought by
Aragon Mark

Purchase Details

Closed on
Jun 17, 2004
Sold by
Scott Robert L and Scott Kathryn A
Bought by
Aronow Mark E and Nelson Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1997
Sold by
Woodland Edward L and Woodland Theresa
Bought by
Scott Robert L and Scott Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,250
Interest Rate
8.2%
Source: Public Records

Range of Values:

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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
Growcock Chris $670,000 Attorney
Aragon Mark -- None Available
Aronow Mark E $605,000 Msc Title Inc
Scott Robert L $246,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aronow Mark E $484,000
Previous Owner Scott Robert L $208,250
Closed Aronow Mark E $90,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $670,000 -4.1% $333 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
12/18/2019 12/18/19 Price Changed $699,000 -5.5% $347 / Sq Ft
08/26/2019 08/26/19 Price Changed $740,000 -1.3% $368 / Sq Ft
05/15/2019 05/15/19 For Sale $750,000 -- $373 / 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 $17,698 $991,170 -- --
2024 $17,698 $1,481,471 $680,000 $801,471
2023 $16,420 $1,334,332 $510,000 $824,332
2022 $12,983 $879,869 $400,000 $479,869
2021 $11,068 $676,983 $360,000 $316,983
2020 $11,553 $672,395 $350,000 $322,395
2019 $7,439 $456,409 $0 $0
2018 $7,387 $447,899 $0 $0
2017 $6,529 $438,687 $0 $0
2016 $6,528 $429,664 $0 $0
2015 $6,450 $579,110 $0 $0
2014 $6,450 $423,291 $0 $0
2013 $6,314 $417,035 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4436104

Stellar MLS

APN: 78517-0030-7