NOT LISTED FOR SALE

713 Penfield St Longboat Key, FL 34228

Estimated Value: $1,340,000 - $1,421,000

3 Beds
2 Baths
2,132 Sq Ft
$650/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $950,000 $446 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,272/month

159 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Deck
  • Anna Maria Elementary School Rated A-
  • Water Access
  • Property is near public transit

About This Home

As of February 2021

short stories"...Perfect beach house. in old fashion neighborhood..sleepy lagoon north longboat key ..where neighbors know you..say hello"...all on one level an elevated ranch home..with parking below for all your high end race cars..workshop...wood working..painting artist studio...toys boat storage .Just two blocks to Sleepy lagoon neighborhood beach access...WOW...THE OCEAN AS FAR AS YOU CAN SEE.... walk ride bike or take golf cart. Inside..is an open floor plan with back screen porch overlooking the canal...move in condition

Last Agent to Sell the Property

Gerald Cunningham

KELLER WILLIAMS ON THE WATER S License #3113715 Listed on: 07/22/2020

KELLER WILLIAMS ON THE WATER S

Co-Listed By

Carol Spiegel

KELLER WILLIAMS ON THE WATER S License #3183414

Last Buyer's Agent

Michael Renick

MANGROVE REALTY ASSOCIATES License #3241900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,601

Year Built

  • Built in 1993

Lot Details

  • 9,920 Sq Ft Lot
  • Lot Dimensions are 80.0x124.0
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Property is zoned R4SF

Parking

  • 6 Car Attached Garage
  • Workshop in Garage
  • Tandem Parking

Property Views

  • Water
  • Park or Greenbelt

Home Design

  • Key West Architecture
  • Slab Foundation
  • Stem Wall Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,132 Sq Ft Home
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 7874900009

Community Details

Overview

  • Property has a Home Owners Association
  • Sleepy Lagoon Community

Amenities

  • Laundry Facilities

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,601

Year Built

Built in 1993

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Property Description: Elevated
  • Water Extras: Assigned Boat Slip, Dock - Wood, Dock w/o Water Supply
  • Water View: Yes
  • Construction Materials: Block, Wood Frame
  • Living Area: 2132.00
  • Lot Size Acres: 0.23
  • Year Built: 1993
  • Building Area Total: 3275.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472941?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472941?w=Customer
  • Lot Size Sq Ft: 9920
  • Number Of Lots: 1
  • Building Search Sq Meters: 304.26
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472941?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Window Treatments
  • Living Area Meters: 198.07

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 80
  • Water Access: Bay/Harbor, Canal - Saltwater, Intracoastal Waterway
  • Exterior Features: Balcony, Storage
  • Roof: Metal
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • View: Greenbelt
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Covered, Tandem, Underground, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Private
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Sleepy Lagoon
  • Community Features: Water Access
  • Pet Restrictions: No pet restriction..only the rules from the Town Of Longboat Key
  • Pet Size: Extra Large (101+ Lbs.)
  • Association Amenities: Dock, Laundry
  • Association Fee Requirement: Optional
  • Association: Yes
  • Security: Smoke Detector(s)

Fee Information

  • Waterfront Frontage: 80

Schools

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

Lot Info

  • Future Land Use: 0100
  • Total Acreage: 0 to less than 1/4
  • Zoning: R4SF
  • Parcel Number: 7874900009
  • Lot Features: Level/Flat, Near Public Transit
  • Lot Dimensions: 80.0X124.0
  • Lot Size Square Meters: 922

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: See Town of Longboat Key.
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 11601.00
  • Tax Book Number: 0007/0028
  • Tax Lot: 120

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Feb 5, 2021
Sold by
Alexander Terry E and Alexander Margaret A
Bought by
West Trust and West
Seller's Agent
Gerald Cunningham
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Michael Renick
MANGROVE REALTY ASSOCIATES
List Price
$1,089,000
Sold Price
$950,000
Premium/Discount to List
-$139,000
-12.76%
Current Estimated Value
$1,386,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,643
Avg. Annual Appreciation
8.32%
Original Mortgage
$450,000
Outstanding Balance
$402,127
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$984,516

Purchase Details

Closed on
Apr 22, 2005
Sold by
Robinson Ralph S and Robinson Kathy A
Bought by
Alexander Terry E and Alexander Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
West Trust $950,000 New Title Company Name
Alexander Terry E $932,500 Longboat Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Trust $450,000
Previous Owner Alexander Terry E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $950,000 -1.8% $446 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/20/2020 11/20/20 Price Changed $967,713 -2.0% $454 / Sq Ft
09/10/2020 09/10/20 Price Changed $987,000 -1.0% $463 / Sq Ft
08/25/2020 08/25/20 Price Changed $997,000 -8.4% $468 / Sq Ft
07/22/2020 07/22/20 For Sale $1,089,000 -- $511 / 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 -- $1,111,740 -- --
2024 -- $1,080,408 -- --
2023 $0 $1,048,940 $0 $0
2022 $12,594 $1,018,388 $400,000 $618,388
2021 $12,090 $742,976 $360,000 $382,976
2020 $11,946 $696,476 $350,000 $346,476
2019 -- $671,476 $325,000 $346,476
2018 -- $638,084 $325,000 $313,084
2017 -- $626,131 $0 $0
2016 -- $617,395 $0 $0
2015 -- $608,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gerald Cunningham

    Seller's Agent in 2021

    Gerald Cunningham

    KELLER WILLIAMS ON THE WATER S

    (941) 803-7522

    4 in this area

    16 Total Sales

    Gerald Cunningham
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Carol Spiegel

    KELLER WILLIAMS ON THE WATER S

    (941) 323-6365

    2 in this area

    8 Total Sales

    Carol Spiegel
    Section Image
  • Michael Renick

    Buyer's Agent in 2021

    Michael Renick

    MANGROVE REALTY ASSOCIATES

    (941) 400-8735

    78 in this area

    122 Total Sales

    Michael Renick
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4472941

Stellar MLS

APN: 78749-0000-9

Florida Manatee County Longboat Key 34228

713 Penfield St, Longboat Key, FL

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

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