NOT LISTED FOR SALE

701 Old Compass Rd Longboat Key, FL 34228

Estimated Value: $2,619,000 - $4,178,699

3 Beds
3.5 Baths
2,493 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $4,700,000 $1,885 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $23,907/month

Highlights

  • Assigned Boat Slip
  • Water Access
  • Canal View
  • Anna Maria Elementary School Rated A-
  • Heated Above Ground Pool
  • Engineered Wood Flooring

About This Home

As of March 2023

This custom home was just completed 5 years ago on a wide canal. For the boater, the home has a deep water dock and is just minutes to the inter coastal. The finishes include wood floors, gorgeous granite counters and beautiful wood cabinets. The home includes a surround sound system in the great room plus speakers throughout the home and outside. Electric screens in the outside sitting area enhance the enjoyment for outdoor living. The master bedroom includes a spacious bathroom with high tech shower and tub. There are 2 guest bedroom suites. The modern kitchen has top of the line appliances with a spacious eating area that adjoins the family room. The pool/patio area off the family room features an outdoor grill area. The dock includes snook lighting and a floating platform for easy access for kayaking. The deeded beach access is directly across from Emerald Harbour.

Last Agent to Sell the Property

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 03/02/2023

Last Buyer's Agent

Reid Murphy

DEVELOPERS REALTY LBK, INC License #0613756 Listed on: 03/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,718

Year Built

  • Built in 2017

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100x155
  • Property fronts a saltwater canal
  • South Facing Home
  • Irrigation
  • Property is zoned R4SF

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,493 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Canal Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Heated Above Ground Pool
  • Water Access
  • Deeded access to the beach
  • Assigned Boat Slip
  • Dock made with Composite Material
  • Balcony
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Emerald Harbor Community
  • Emerald Harbor Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,718

Year Built

Built in 2017

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2493
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 2493
  • Lot Size Sq Ft: 15499
  • Directions to Property: Gulf of Mexico to Emerald go to middle road old compass.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4562630?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4562630?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1885.28
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1885.28
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Eating Space In Kitchen
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 701
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground, Heated
  • Exterior Features: Balcony, Irrigation System, Lighting
  • Roof: Metal, Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water Access: Beach - Access Deeded
  • Water Extras: Assigned Boat Slip, Dock - Composite
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7887500002
  • Additional Parcels: No
  • Lot Dimensions: 100x155
  • Flood Zone Code: Ae
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No

Tax Info

  • Tax Annual Amount: 21718.4
  • Tax Book Number: 12-41
  • Tax Lot: 71

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 1, 2023
Sold by
Dumas Christopher J and Dumas Joyce A
Bought by
Brown Douglas Robert
Seller's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
Buyer's Agent
Reid Murphy
DEVELOPERS REALTY LBK, INC
List Price
$4,700,000
Sold Price
$4,700,000
Views
1
Current Estimated Value
$3,573,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,126,434
Avg. Annual Appreciation
-9.16%

Purchase Details

Closed on
Aug 20, 2015
Sold by
Craft Alycia A and Robert D Craft Revocable Trust
Bought by
Dumas Christopher J and Dumas Joyce A

Purchase Details

Closed on
Nov 14, 2012
Sold by
Craft Robert D and Craft Alycia A
Bought by
Craft Robert D and Craft Alycia A

Purchase Details

Closed on
Apr 20, 2001
Sold by
Sticher Walter
Bought by
Craft Robert D and Craft Alycia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.95%

Purchase Details

Closed on
May 28, 1993
Sold by
Kattmann William E and Kattmann Bette C
Bought by
Sticher Walter
Source: Public Records

Range of Values:

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Average Value
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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
Brown Douglas Robert $4,700,000 --
Dumas Christopher J $800,000 Sarasota Title Services Inc
Craft Robert D -- Attorney
Craft Alycia A -- Attorney
Craft Robert D $675,000 --
Sticher Walter $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craft Robert D $850,000
Previous Owner Craft Robert D $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $4,700,000 0.0% $1,885 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $4,700,000 -- $1,885 / 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 $52,624 $3,184,742 $616,250 $2,568,492
2024 $52,624 $3,490,334 $616,250 $2,874,084
2023 $27,010 $2,227,154 $616,250 $1,610,904
2022 $21,718 $1,538,752 $485,000 $1,053,752
2021 $18,097 $1,132,591 $440,000 $692,591
2020 $17,730 $1,053,538 $425,000 $628,538
2019 $17,839 $1,054,208 $425,000 $629,208
2018 $16,554 $963,069 $425,000 $538,069
2017 $7,983 $503,060 $0 $0
2016 $10,821 $667,100 $0 $0
2015 $10,395 $645,582 $0 $0
2014 $10,395 $619,296 $0 $0
2013 $9,713 $582,064 $395,800 $186,264
Source: Public Records

Agents Affiliated with this Home

  • Reid Murphy

    Seller's Agent in 2023

    Reid Murphy

    DEVELOPERS REALTY LBK, INC

    (941) 232-3304

    111 in this area

    136 Total Sales

    Reid Murphy
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Map

Source: Stellar MLS

MLS Number: A4562630

Stellar MLS

APN: 78875-0000-2

Florida Manatee County Longboat Key 34228

701 Old Compass Rd, Longboat Key, FL

This home is located at 701 Old Compass Rd, Longboat Key, FL 34228 since 02 March 2023 and is currently estimated at $3,573,566, approximately $1,433 per square foot. This property was built in 2017. 701 Old Compass Rd is a home located in Manatee County with nearby schools including Anna Maria Elementary School, Martha B. King Middle School, and Bayshore High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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