Seller's Agent in 2024
Reid Murphy
DEVELOPERS REALTY LBK, INC
(941) 232-3304
111 in this area
136 Total Sales
691 Old Compass Rd Longboat Key, FL 34228
Estimated Value: $1,699,149 - $1,833,000
4
Beds
2
Baths
2,290
Sq Ft
$768/Sq Ft
Est. Value
Highlights
- Heated In Ground Pool
- Canal View
- 2 Car Attached Garage
- Anna Maria Elementary School Rated A-
- Balcony
- Ceramic Tile Flooring
About This Home
As of May 2024Coveted lifestyle and location on one of the widest deep water canals on Longboat Key with direct access to Sarasota Bay with no bridges! The new dock and seawall installed December of 2023 accommodates a vessel plus a new 10,000lb boat lift, snook light, etc. Manatees are regularly seen in the canals. Meticulously maintained and updated four bedroom, two full bath pool residence ready for immediate enjoyment. Perfect for entertaining as the split bedroom floor plan features sliding glass doors in the living room, family room, and a pass through kitchen window opening into the screened enclosed lanai and pool. The residence was renovated in 2015 including Cambria countertops and Bosch stainless steel appliances in the kitchen, new bathrooms, new flooring, recessed lighting, and a freshly painted interior. Emerald Harbor is a quaint neighborhood comprised of 3 quiet streets. As a member of the voluntary homeowners association, you enjoy deeded beach access to the beautiful beach and warm Gulf waters on the shores of Longboat Key
Last Agent to Sell the Property
DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 04/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,060
Year Built
- Built in 1971
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 101x155
- Property fronts a saltwater canal
- South Facing Home
- Property is zoned R4SF
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Tile Roof
- Block Exterior
Interior Spaces
- 2,290 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Ceramic Tile Flooring
- Canal Views
- Washer
Kitchen
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Heated In Ground Pool
- No Fixed Bridges
- Access to Saltwater Canal
- Dock made with Composite Material
- Balcony
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Emerald Harbor Community
- Emerald Harbor Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 70
- Assessor Parcel Number 7887400005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2023
Closed on
May 1, 2024
Sold by
Murphy Michael Peter Harris and Murphy Kerry Jean
Bought by
Michael D Madden Revocable Trust and Madden
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$3,100,000
Sold Price
$2,060,000
Premium/Discount to List
-$1,040,000
-33.55%
Views
166
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
-$300,213
Avg. Annual Appreciation
-7.86%
Purchase Details
Listed on
Feb 28, 2021
Closed on
Mar 2, 2021
Sold by
Cushman James B
Bought by
Murphy Michael Peter Harris and Murphy Kerry Jean
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$1,395,000
Sold Price
$1,295,000
Premium/Discount to List
-$100,000
-7.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Purchase Details
Closed on
Apr 14, 2017
Sold by
Steinmetz Robert Kevin and Steinmetz Nancy Fischer
Bought by
Chushman James B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Dec 16, 2013
Closed on
Apr 24, 2015
Sold by
Monaghan Marion J and Marion J Monaghan Revocable Tr
Bought by
Steinmetz Joint Revocable Trust
Seller's Agent
Andrew Bers
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$850,000
Sold Price
$712,500
Premium/Discount to List
-$137,500
-16.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
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 |
|---|---|---|---|
| Michael D Madden Revocable Trust | $2,060,000 | None Listed On Document | |
| Murphy Michael Peter Harris | $1,295,000 | Attorney | |
| Chushman James B | $895,000 | Desjerlais Law & Title | |
| Steinmetz Joint Revocable Trust | $712,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chushman James B | $626,500 | |
| Previous Owner | Steinmetz Robert Kevin | $250,000 | |
| Previous Owner | Monaghan Marion J | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $2,060,000 | -11.4% | $900 / Sq Ft |
| 04/05/2024 04/05/24 | Pending | -- | -- | -- |
| 02/01/2024 02/01/24 | Price Changed | $2,325,000 | -7.0% | $1,015 / Sq Ft |
| 10/04/2023 10/04/23 | Price Changed | $2,500,000 | -12.3% | $1,092 / Sq Ft |
| 05/19/2023 05/19/23 | Price Changed | $2,850,000 | -8.1% | $1,245 / Sq Ft |
| 04/06/2023 04/06/23 | For Sale | $3,100,000 | +139.4% | $1,354 / Sq Ft |
| 03/05/2021 03/05/21 | Sold | $1,295,000 | -7.2% | $566 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/28/2021 02/28/21 | For Sale | $1,395,000 | +55.9% | $609 / Sq Ft |
| 08/17/2018 08/17/18 | Off Market | $895,000 | -- | -- |
| 06/15/2017 06/15/17 | Sold | $895,000 | -8.2% | $391 / Sq Ft |
| 05/08/2017 05/08/17 | Pending | -- | -- | -- |
| 03/14/2017 03/14/17 | For Sale | $975,000 | +36.8% | $426 / Sq Ft |
| 04/24/2015 04/24/15 | Sold | $712,500 | -4.9% | $311 / Sq Ft |
| 02/27/2015 02/27/15 | Pending | -- | -- | -- |
| 02/20/2015 02/20/15 | Price Changed | $749,000 | -3.3% | $327 / Sq Ft |
| 02/03/2015 02/03/15 | Price Changed | $774,900 | -3.0% | $338 / Sq Ft |
| 09/02/2014 09/02/14 | Price Changed | $799,000 | -3.2% | $349 / Sq Ft |
| 05/14/2014 05/14/14 | Price Changed | $825,000 | -2.9% | $360 / Sq Ft |
| 12/16/2013 12/16/13 | For Sale | $850,000 | -- | $371 / 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 | $19,958 | $1,603,088 | $616,250 | $986,838 |
| 2024 | $19,958 | $1,389,159 | $616,250 | $772,909 |
| 2023 | $19,381 | $1,397,102 | $616,250 | $780,852 |
| 2022 | $16,060 | $990,282 | $485,000 | $505,282 |
| 2021 | $12,797 | $778,232 | $440,000 | $338,232 |
| 2020 | $12,638 | $728,670 | $425,000 | $303,670 |
| 2019 | $12,705 | $728,670 | $425,000 | $303,670 |
| 2018 | $12,676 | $717,568 | $425,000 | $292,568 |
| 2017 | $9,683 | $637,405 | $0 | $0 |
| 2016 | $11,144 | $674,960 | $0 | $0 |
| 2015 | $5,143 | $348,670 | $0 | $0 |
| 2014 | $5,143 | $345,903 | $0 | $0 |
| 2013 | -- | $340,791 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Reid Murphy
-
Bruce Myer
Seller's Agent in 2017
Bruce Myer
COLDWELL BANKER REALTY
(941) 387-1847
249 in this area
300 Total Sales
-
Leah George
Buyer's Agent in 2017
Leah George
COLDWELL BANKER REALTY
(941) 782-0000
4 in this area
25 Total Sales
-
Janette Schafer
Buyer Co-Listing Agent in 2017
Janette Schafer
COLDWELL BANKER REALTY
(954) 298-7791
7 in this area
72 Total Sales
-
Andrew Bers
A
Seller's Agent in 2015
Andrew Bers
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 302-4400
6 Total Sales
Map
Source: Stellar MLS
MLS Number: A4564508
APN: 78874-0000-5
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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