NOT LISTED FOR SALE

6989 Longboat Dr S Longboat Key, FL 34228

Estimated Value: $958,000 - $1,062,000

3 Beds
3 Baths
2,413 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $507,750 $210 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,651/month

53 Days on Market

Highlights

  • Water Access
  • Public Beach
  • Great Room
  • Anna Maria Elementary School Rated A-
  • Loft
  • Stone Countertops

About This Home

As of May 2018

Investors or vacation buyers. Least expensive house per square foot on longboat key! Charming vintage 2400 square foot home in the Historic Village of Long Beach. At this price you can move right in, seasonally rent out or remodel to suit your needs and end up with a redone house for way less per square foot than anything else on the key. Great for entertaining with separate kitchen/bathroom space. Large plot (1/3 of acre) with lots of outdoor private deck area for entertaining and plenty of room for a pool. Only 2 blocks to the beach and in the village close to the Mar Vista Restaurant. The architectural design allows for several optional lifestyles including in-law with its own living room, bedroom, kitchen and full bath with stack-able washer and dryer. The master suite located in the Loft with a spacious sitting area or office below. The living room has a functional pot belly stove adding period character. The kitchen and one bath have new granite counters. New air conditioners and water heater 2012. The house has a metal roof and wood decking all around leads to a wooden gazebo on the south side. There are two paver brick driveways and a detached workshop.All Long Beach residents can enjoy the nearby community boat ramp and fishing pier.

Last Agent to Sell the Property

Derek Eisenberg

CONTINENTAL REAL ESTATE GROUP License #3201465 Listed on: 02/22/2018

Last Buyer's Agent

Heather Rippy

License #3402890

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,012

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Public Beach
  • East Facing Home
  • Property is zoned R6SF

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Pile Dwellings

Interior Spaces

  • 2,413 Sq Ft Home
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Loft
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range Hood
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Gazebo

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Long Beach Community
  • Long Beach, Rev Of Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,012

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2413
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1940
  • Building Area Total: 2525
  • Lot Size Sq Ft: 14700
  • Directions to Property: Gulf of Mexico Drive, East on Broadway, right on Longboat Dr S, 2nd house on right #6989.
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2930527&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2930527&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.92824
  • Price per Sq Ft: 210.42
  • Close to Original List Price Ratio: 0.92824
  • Ratio: Current Price\Building Area Total: 201.09
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Other
  • Full Bathrooms: 3
  • Interior Amenities: Kitchen/Family Room Combo, Stone Counters
  • Appliances Included: Dryer, Oven, Range Hood, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 6989
  • Room Count: 3
  • Additional Rooms: Den/Library/Office, Great Room, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Gazebo
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water Access: Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7782500057
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6012
  • Tax Block: 10
  • Tax Book Number: 1-306
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Oakley Properties Llc
Bought by
Rippy Steven Todd and Rippy Heather Elizabeth
Current Estimated Value
$1,076,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,650
Outstanding Balance
$432,764
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$758,276

Purchase Details

Listed on
Feb 22, 2018
Closed on
May 15, 2018
Sold by
Mcgowan Seth and Mcgowan Kathleen
Bought by
Oakley Properties Llc
Seller's Agent
Derek Eisenberg
CONTINENTAL REAL ESTATE GROUP
Buyer's Agent
Heather Rippy
List Price
$547,000
Sold Price
$507,750
Premium/Discount to List
-$39,250
-7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%

Purchase Details

Closed on
Oct 20, 2011
Sold by
Fv Bradenton Residential Properties Llc
Bought by
Mcgowan Seth and Mcgowan Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2009
Sold by
Arends John M and Arends Patrizia L
Bought by
Fv Bradenton Residential Properties Llc

Purchase Details

Closed on
Aug 21, 2000
Sold by
Conover Terry A and Conover Carol Tate
Bought by
Arends Jon M and Arends Patrizia L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rippy Steven Todd $507,000 First International Ttl Inc
Oakley Properties Llc $507,750 Msc Title Inc
Mcgowan Seth $280,000 None Available
Fv Bradenton Residential Properties Llc $517,500 Alliance Group Title Llc
Arends Jon M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rippy Steven Todd $481,650
Previous Owner Mcgowan Seth $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $507,750 -7.2% $210 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $547,000 -- $227 / 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
2024 $9,431 $631,302 -- --
2023 $9,360 $612,915 $0 $0
2022 $8,056 $595,063 $0 $0
2021 $7,734 $461,777 $236,250 $225,527
2020 $7,210 $405,626 $206,250 $199,376
2019 $7,248 $405,626 $206,250 $199,376
2018 $7,023 $387,010 $206,250 $180,760
2017 $6,012 $366,483 $0 $0
2016 $6,324 $377,771 $0 $0
2015 $5,846 $369,169 $0 $0
2014 $5,846 $348,304 $0 $0
2013 $5,643 $338,159 $206,700 $131,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T2930527

Stellar MLS

APN: 77825-0005-7