NOT LISTED FOR SALE

7049 Longboat Dr N Longboat Key, FL 34228

Estimated Value: $814,074 - $972,000

2 Beds
2 Baths
1,366 Sq Ft
$645/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $495,000 $362 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,494/month

237 Days on Market

Highlights

  • Boat Ramp
  • Canal View
  • Sun or Florida Room
  • Anna Maria Elementary School Rated A-
  • Attic
  • Solid Surface Countertops

About This Home

As of April 2019

Canal front home now available in the Historic Long Beach neighborhood "The Village" located on Longboat Key. Only steps away to Whitney Beach. This home has been updated. Kitchen remodeled in 2006 with solid surface counter tops and stainless steel appliances. Bathrooms remodeled in 2006. Entire house has new plumbing. All windows replaced with JeldWen Impact windows, hurricane rated garage door installed and all exterior house doors replaced with hurricane rated doors in 2008. These improvements help to keep homeowner's insurance to a reasonable rate. Inspected and passed approval of town of Longboat Key and state of Florida hurricane codes. Florida room is included in the under air square footage. The home is constructed of cedar wood. Paver patio located just outside the back door. Community boat ramp and fishing pier are located in the neighborhood. Come and live the Florida Dream! Seller is open to any and all offers!

Last Agent to Sell the Property

Tasha Chancy

License #3239937 Listed on: 07/09/2018

Last Buyer's Agent

Jonathan Rivera

SMITH & ASSOCIATES REAL ESTATE License #3353207

SMITH & ASSOCIATES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 1963

Lot Details

  • 10,375 Sq Ft Lot
  • East Facing Home
  • Property is zoned R6SF

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,366 Sq Ft Home
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Terrazzo Flooring
  • Canal Views
  • Laundry in Garage
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Anna Maria Elementary School
  • Martha B. King Middle School
  • Bayshore High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Long Beach Community
  • Long Beach, Rev Of Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,269

Year Built

Built in 1963

Lot Details

0

HOA Fees

$3 per month

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1366
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 1812
  • Lot Size Sq Ft: 10375
  • Directions to Property: From Cortez Rd W head west toward beaches. Turn South onto Gulf Dr. Turn left onto Broadway St. Turn left onto Longboat Dr N. House will be on left hand side of street.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4407916&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4407916&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.92523
  • Price per Sq Ft: 362.37
  • Close to Original List Price Ratio: 0.9
  • Ratio: Current Price\Building Area Total: 273.18
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Solid Surface Counters
  • Appliances Included: Built-In Oven, Cooktop, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 7049
  • Room Count: 5
  • Additional Rooms: Attic, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Other
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Additional Water Information: Canal feeds to Longboat Pass
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Community Boat Ramp
  • Association Fee: 30
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 30
  • Monthly HOA Fee: 2.5
  • Total Monthly Fees: 2.5

Schools

  • Elementary School: Anna Maria Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Martha B. King Middle

Lot Info

  • Zoning: R6SF
  • Parcel Number: 7801300000
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact City of Longboat Key

Tax Info

  • Tax Annual Amount: 5269
  • Tax Block: 21
  • Tax Book Number: 1-306
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Apr 5, 2019
Sold by
Milovich Stephen J and Milovich Kathleen
Bought by
Abrams Eddie and Abrams Pamela
Seller's Agent
Tasha Chancy
Buyer's Agent
Jonathan Rivera
SMITH & ASSOCIATES REAL ESTATE
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Current Estimated Value
$880,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,769
Avg. Annual Appreciation
9.26%
Original Mortgage
$396,000
Outstanding Balance
$348,154
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$532,615

Purchase Details

Closed on
Apr 17, 1998
Sold by
Royea Genevieve
Bought by
Milovich Kathleen and Milovich Stephen J

Purchase Details

Closed on
Jul 8, 1997
Sold by
Zernentsch Richard and Arbogast Gloria
Bought by
Zernentsch Virginia
Source: Public Records

Range of Values:

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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
Abrams Eddie $495,000 Attorney
Milovich Kathleen -- --
Zernentsch Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abrams Eddie $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2019 04/05/19 Sold $495,000 -7.5% $362 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
11/29/2018 11/29/18 Price Changed $535,000 -2.7% $392 / Sq Ft
07/09/2018 07/09/18 For Sale $550,000 -- $403 / 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 $9,630 $292,687 -- --
2024 $9,630 $748,678 -- --
2023 $9,435 $745,519 $0 $0
2022 $7,094 $572,102 $0 $0
2021 $6,811 $431,111 $0 $0
2020 $6,765 $407,309 $250,000 $157,309
2019 $7,443 $407,309 $250,000 $157,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4407916

Stellar MLS

APN: 78013-0000-0