$1,750,000
SOLD JUL 10, 2024

710 Penfield St Longboat Key, FL 34228

3 Beds
3 Baths
3,543 Sq Ft
10,245 Sq Ft Lot

Recently Sold

$494 Per Sq Ft

24% Below List Price

90 Days on Market

Highlights

  • 109 Feet of Salt Water Canal Waterfront
  • Dock has access to electricity and water
  • Heated In Ground Pool
  • Anna Maria Elementary School Rated A-
  • Beach Access
  • Open Floorplan

About This Home

As of July 2024

Price Reduction! Waterfront privacy with direct Gulf access in this gorgeous Longboat Key home. New Roof - New Impact Windows & Doors - Updates Throughout. Featuring 109' of private waterfront, boat dock, saltwater pool & spa, and beach access. The spacious layout includes 3 bedroom suites, 3 full baths, generous great room and dining areas, large kitchen, expansive bonus areas, main level lanai, rooftop deck, three-car garage, and more; all on a professionally Florida-friendly landscaped yard featuring a multitude of palms, plantings, and tropicals. A double-door entry and large foyer greet friends and family alike. The main living area is a few steps up and opens to a bright and inviting floor plan featuring volume ceilings, wood floors, architectural details, and gorgeous views throughout. The primary suite with private bath is conveniently located on the main floor and it opens to a large, covered lanai with tropical water views. The second bedroom suite is also conveniently located on the main level with easy access to a full bath and opening to the large waterfront lanai. On the upper level is the third suite - a fully private guest suite featuring king bed, sitting area, full bath, and rooftop deck overlooking the bay. Downstairs you’ll find a workout area, art studio, office nook, gathering and game area, and lots of additional storage. The side-entry three-car garage offers plenty of room for your vehicles and toys. You’ll discover the outside is your own private island playground with large heated saltwater pool, built-in spa, covered lanai, boat dock, kayaking, and steps to the neighborhood beach access. Also, take comfort in knowing that the home has been recently upgraded to the highest standards with hurricane-impact windows and doors throughout, hurricane garage doors, hurricane-rated pool cage, and a new cement tile roof. Spacious, flowing floor plan; architectural details throughout; upgraded to the highest in hurricane standards; and a virtual island outdoor playground. Welcome to 710 Penfield. Your home on Longboat Key.

Last Agent to Sell the Property

Mike Seamon

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-383-2500 License #3358790 Listed on: 02/29/2024

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Jesse Griffin

CENTURY 21 BEGGINS ENTERPRISES License #3081650

CENTURY 21 BEGGINS ENTERPRISES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,394

Year Built

  • Built in 1995

Lot Details

  • 10,245 Sq Ft Lot
  • 109 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Parking

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,543 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Canal Views

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to electricity and water
  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available
  • 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

$9,394

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 3543
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 4975
  • Lot Size Sq Ft: 10245
  • Directions to Property: Longboat Key to Gulf of Mexico Dr to General Harris then left on Penfield. 710 Penfield will be on the right hand side of the street.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 493.93
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • Attribution Contact: 941-383-2500
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Impact Glass/Storm Windows, Window Treatments
  • Street Number Modifier: 710
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 329.16
  • Room Count: 9

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GULF OF MEXICO, SARASOTA BAY
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 109
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 109
  • Additional Water Information: Easy access to Gulf and Bay

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Parking, Ground Level

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Fire Hydrant, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7851700406
  • Additional Parcels: No
  • Lot Features: Landscaped, Oversized Lot
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 952
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 9394
  • Tax Book Number: 17-22
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Jul 9, 2024
Sold by
Rich Anthony C and Rich Margaret Somers
Bought by
Smallcombe Richard and Smallcombe Mary Kay
Seller's Agent
Mike Seamon
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
List Price
$2,295,000
Sold Price
$1,750,000
Premium/Discount to List
-$545,000
-23.75%
Total Days on Market
90
Views
43
Current Estimated Value
$1,835,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,214
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,150,000
Outstanding Balance
$1,139,972
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$695,242

Purchase Details

Closed on
Jan 31, 2003
Sold by
Claussen Karl Joachim and Claussen Baerbel
Bought by
Somers Rich Anthony C and Somers Rich Margaret
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $1,750,000 None Listed On Document
Warranty Deed $905,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Previous Owner $315,000 New Conventional
Previous Owner $200,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $1,750,000 -7.7% $494 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $1,895,000 -5.2% $535 / Sq Ft
03/26/2024 03/26/24 Price Changed $1,999,000 -12.9% $564 / Sq Ft
02/29/2024 02/29/24 For Sale $2,295,000 -- $648 / 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 $10,074 $674,406 -- --
2023 $9,999 $654,763 $0 $0
2022 $9,810 $635,692 $0 $0
2021 $9,532 $617,177 $0 $0
2020 $9,876 $608,656 $0 $0
2019 $9,708 $594,972 $0 $0
2018 $9,644 $583,878 $0 $0
2017 $8,643 $571,869 $0 $0
2016 $8,643 $560,107 $0 $0
2015 $8,607 $556,214 $0 $0
2014 $8,607 $551,800 $0 $0
2013 $8,426 $543,645 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4601512

Stellar MLS

APN: 78517-0040-6