NOT LISTED FOR SALE

730 Old Compass Rd Longboat Key, FL 34228

Estimated Value: $3,000,000 - $4,298,000

3 Beds
5 Baths
4,054 Sq Ft
$949/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $2,400,000 $592 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $24,237/month

65 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Boat Lift
  • Open Floorplan
  • Access To Intracoastal Waterway
  • Heated In Ground Pool
  • Canal View

About This Home

As of March 2019

You will see a work of Art. Custom built in 2011 by Luxury Home Builder Bluewater Construction. Situated on an oversized lot with(17,794 sq ft) and 124 ft of frontage on widest canal on Longboat Key. Desirable Southern exposure. Masonry block construction, high impact Kolbe brand windows and Lanai doors. Solid core interior doors. Custom mahogany front door and plantation shutters. Coffered ceiling in great room. Crown molding, oversized base boards, window casing, hardwood floors thru out the entire house. This residence evokes relaxed sophistication. A two-story foyer designed to welcome the natural light before gliding into the open floorplan. Entertaining is a joy featuring custom walk-in pantry, Wolf oven and gas cooktop, Sub-Zero refrigerator and U-Line wine/beverage cooler. 3 En-suite Bedrooms and office. The master suite elevates this further with custom, his-and-her walk-in closets. Outdoor living is equally as wonderful with two open-air lanais upstairs and two downstairs (1 screened) off the kitchen and bedroom with Bay and shore views, while the full entertaining area offers a heated pool and spa with Pebble Sheen surface and built-in gas grill. Private dock with 12K-lb. lift and attached floating dock for kayaking. Conveniences have been added to enhance quality of life, including indoor/outdoor surround sound, oversized two-car garage, storage that can be converted into an elevator shaft, alarm system, utilities designed with energy efficiency in mind. Deeded beach access.

Last Agent to Sell the Property

Maureen Horn

MICHAEL SAUNDERS & COMPANY License #3102504 Listed on: 10/10/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Ian Addy, PA

MICHAEL SAUNDERS & COMPANY License #3066979

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,905

Year Built

  • Built in 2011

Lot Details

  • 0.41 Acre Lot
  • 130 Feet of Waterfront
  • Property fronts a saltwater canal
  • North Facing Home
  • Fenced
  • Oversized Lot
  • Irrigation
  • Property is zoned R4SF

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Contemporary Architecture
  • Key West Architecture
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 4,054 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Den
  • Wood Flooring
  • Canal Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Deeded access to the beach
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Tankless Water Heater

Community Details

  • Emerald Harbor Community
  • Emerald Harbor Unit 2 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,905

Year Built

Built in 2011

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Key West, Other
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4054
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 5980
  • Lot Size Sq Ft: 17794
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4415354&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4415354&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97959
  • Price per Sq Ft: 592.01
  • Close to Original List Price Ratio: 0.97959
  • Ratio: Current Price\Building Area Total: 401.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Heated, In Ground
  • Exterior Features: Fenced, Irrigation System, Lighting, Outdoor Grill, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Water View: Canal
  • Water Access: Beach - Access Deeded, Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0291E
  • Waterfront Frontage: 130
  • Water Frontage Feet Canal Salt: 130

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Propane, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 500
  • Monthly HOA Fee: 41.67
  • Total Monthly Fees: 41.67

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7888900003
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Property can be leased for 1 month twelve times a year.

Tax Info

  • Tax Annual Amount: 13905
  • Tax Book Number: 12-41
  • Tax Lot: 85

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Mar 19, 2019
Sold by
Chester Michael and Chester Vivian
Bought by
Beck Wesley L and Beck Maya K
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Ian Addy, PA
MICHAEL SAUNDERS & COMPANY
List Price
$2,450,000
Sold Price
$2,400,000
Premium/Discount to List
-$50,000
-2.04%
Current Estimated Value
$3,845,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,445,835
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Oct 22, 2008
Sold by
Herpst Gregg L and Herpst Gregory Rosemary
Bought by
Chester Michael and Chester Vivian

Purchase Details

Closed on
Jul 15, 2005
Sold by
Levin Barbara and Barbara Levin Revocable Trust
Bought by
Herpst Gregg L and Herpst Gregory Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records
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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
Beck Wesley L $2,400,000 Attorney
Chester Michael $842,000 None Available
Herpst Gregg L $1,200,000 Longboat Title Services Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herpst Gregg L $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2019 03/19/19 Sold $2,400,000 -2.0% $592 / Sq Ft
12/14/2018 12/14/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $2,450,000 -- $604 / 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 $49,262 $2,849,134 -- --
2023 $48,545 $4,221,796 $616,250 $3,605,546
2022 $37,950 $2,799,979 $485,000 $2,314,979
2021 $30,725 $1,945,996 $440,000 $1,505,996
2020 $29,658 $1,784,318 $425,000 $1,359,318
2019 $15,357 $939,970 $0 $0
2018 $15,263 $922,444 $0 $0
2017 $13,905 $903,471 $0 $0
2016 $13,911 $884,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4415354

Stellar MLS

APN: 78889-0000-3