NOT LISTED FOR SALE

718 Lyons Ln Longboat Key, FL 34228

Estimated Value: $1,099,000 - $1,623,000

3 Beds
2 Baths
2,044 Sq Ft
$686/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $665,000 $325 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $9,040/month

166 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Custom Home
  • Canal View
  • Sailboat Water Access
  • Open Floorplan
  • Fruit Trees

About This Home

As of February 2020

A rare opportunity awaits the lucky buyer of this estate sale, waterfront home on Longboat Key. Custom built by the current owners’ family, this home has never been for sale. Beautiful features of days gone by, such as a slate tile entry, gorgeous pine floors throughout, and a commanding brick wood burning fireplace make this a very special property. With 120’ of waterfront, the oversized lot has beautiful landscaping with mature trees and lovely plantings. There are water views all around, with the bay and a natural preserve across the street, views of the bay from the upstairs balcony, and of course the sailboat water canal in the rear of the property. The dead-end street is very private and there is beach access nearby. With a bit of updating this could be the perfect family home or vacation get-away. The original home could be raised to build your own custom home, which is consistent with the neighborhood trend.

Last Agent to Sell the Property

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY License #3231988 Listed on: 07/10/2019

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Tak Konstantinou

MICHAEL SAUNDERS & COMPANY License #3028292

Last Buyer's Agent

Beverly St Hilaire

MICHAEL SAUNDERS & COMPANY License #3231988 Listed on: 07/10/2019

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Fruit Trees
  • Property is zoned R4SF

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Split Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,044 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • L-Shaped Dining Room
  • Canal Views
  • Range

Flooring

  • Wood
  • Brick
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Sailboat Water Access
  • Access to Saltwater Canal
  • Davits
  • Seawall
  • Balcony
  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Sleepy Lagoon Community
  • Sleepy Lagoon Park 2 Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,554

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2044
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 3193
  • Lot Size Sq Ft: 14880
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440764?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4440764?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95
  • Price per Sq Ft: 325.34
  • Close to Original List Price Ratio: 0.88667
  • Ratio: Current Price\Building Area Total: 208.27
  • View: Yes
  • Co List Office Mls Id: 281502392
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Laminate, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), L Dining, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Davits, Sailboat Water, Seawall - Other
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 120
  • Water Frontage Feet Canal Salt: 120
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • 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: Water Access, Waterfront
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7864300004
  • Additional Parcels: No
  • Lot Features: FloodZone, Level, Near Public Transit, Oversized Lot
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • 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: Per town of Longboat Key, 30 day minimum rental.

Tax Info

  • Tax Annual Amount: 5554
  • Tax Book Number: 7-28
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Feb 7, 2020
Sold by
Perkins Charles John and Perkins Revocable Family Trust
Bought by
Dowiak Dennis and Dowiak Kelly
Seller's Agent
Beverly St Hilaire
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Beverly St Hilaire
MICHAEL SAUNDERS & COMPANY
List Price
$750,000
Sold Price
$665,000
Premium/Discount to List
-$85,000
-11.33%
Current Estimated Value
$1,402,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,343
Avg. Annual Appreciation
13.48%
Original Mortgage
$498,750
Outstanding Balance
$394,618
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$1,007,725

Purchase Details

Closed on
Jun 24, 1998
Sold by
Perkins Charles E and Perkins Audrey R
Bought by
Perkins Charles E and Perksin Audrey R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dowiak Dennis $665,000 Cemo Title Services Llc
Perkins Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowiak Dennis $498,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2020 02/07/20 Sold $665,000 -5.0% $325 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $700,000 -6.7% $342 / Sq Ft
07/10/2019 07/10/19 For Sale $750,000 -- $367 / 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 $20,301 $1,446,718 $680,000 $766,718
2024 $20,301 $1,362,225 -- --
2023 $19,481 $1,277,724 $510,000 $767,724
2022 $13,195 $898,544 $400,000 $498,544
2021 $11,080 $679,611 $360,000 $319,611
2020 $11,168 $650,530 $350,000 $300,530
2019 $5,596 $346,197 $0 $0
2018 $0 $339,742 $0 $0
2017 $2,371 $332,754 $0 $0
2016 $2,355 $327,580 $0 $0
2015 $4,754 $325,303 $0 $0
2014 $4,754 $322,721 $0 $0
2013 $4,660 $317,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4440764

Stellar MLS

APN: 78643-0000-4