NOT LISTED FOR SALE

737 Penfield St Longboat Key, FL 34228

Estimated Value: $1,287,000 - $1,488,000

4 Beds
4 Baths
2,178 Sq Ft
$640/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $888,000 $408 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,793/month

5 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Wood Flooring
  • Anna Maria Elementary School Rated A-
  • Contemporary Architecture
  • Mature Landscaping

About This Home

As of February 2021

A Coastal chic, sailboat water, canal front residence with direct access to Sarasota Bay & The Intracoastal Waterway. A boater's dream, this beautifully maintained two story home offers an open floor plan with two master suites one on each level. Sliding doors open to the screened lanai. The second floor lanai feels like you are on a tropical island. Additional multi purpose rooms one with skylights, could be transformed to private guest rooms, family/tv room or office. The Kitchen is original and open with the possibility of updating to your taste. The transition to the outdoors is effortless. The screened lanai across the main level offers multiple seating areas for your gatherings. The boat dock with 10,000lb lift leads to the Intracoastal Waterway, for kayaking /paddle boarding and fishing.. Additional features include a two car garage, tropical landscape, irrigation system, metal roof, and extra storage spaces. The Public beach is nearby. The ultimate in water front living on a quiet street and just a short drive to St Armand's Circle's shops and restaurants then over the bridge to downtown where you can explore Sarasota's cultural Art galleries, Theatres and the Beautiful Bay front.

Last Agent to Sell the Property

Malihe Karimi

MICHAEL SAUNDERS & COMPANY License #3286618 Listed on: 12/30/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Malihe Karimi

MICHAEL SAUNDERS & COMPANY License #3286618 Listed on: 12/30/2020

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,055

Year Built

  • Built in 1966

Lot Details

  • 9,919 Sq Ft Lot
  • Lot Dimensions are 80x124
  • Property fronts a saltwater canal
  • South Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned R4SF

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Water Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Well
  • Cable TV Available

Community Details

  • Sleepy Lagoon Community

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number 7875100005

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,055

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Water Extras: Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Stucco
  • Living Area: 2178.00
  • Homestead: Yes
  • Lot Size Acres: 0.23
  • Year Built: 1966
  • Building Area Total: 3233.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486563?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486563?w=Customer
  • Lot Size Sq Ft: 9919
  • Building Search Sq Meters: 300.36
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4486563?w=PubMLS
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Window Treatments
  • Living Area Meters: 202.34

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 80
  • Water Access: Canal - Saltwater, Intracoastal Waterway
  • Exterior Features: Balcony, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Water View: Canal
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12081C0291E
  • Water Access: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Ground Level

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • S W Subdiv Community Name: Sleepy Lagoon

Fee Information

  • Waterfront Frontage: 80

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R4SF
  • Parcel Number: 7875100005
  • Lot Dimensions: 80x124
  • Lot Size Square Meters: 922

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: As per LBK Town code.
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6055.00
  • Tax Book Number: 7-28
  • Tax Lot: 122

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Younger Phillip Edward and Younger Fanny Cohen
Bought by
Spinelle Daren and Younger Rosemary
Current Estimated Value
$1,394,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$753,000
Outstanding Balance
$686,666
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$707,733

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 1, 2021
Sold by
Langmeyer Fred and Langmeyer Karen
Bought by
Younger Phillip Edward and Younger Fanny Cohen
Seller's Agent
Malihe Karimi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Malihe Karimi
MICHAEL SAUNDERS & COMPANY
List Price
$888,000
Sold Price
$888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Closed on
Jun 30, 1999
Sold by
Wigginton Nancy A and Wigginton Lindsay M
Bought by
Langmeyer Fred and Langmeyer Karen
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Spinelle Daren $803,000 Attorney
Younger Phillip Edward $888,000 Attorney
Langmeyer Fred $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinelle Daren $753,000
Previous Owner Langmeyer Fred $382,000
Previous Owner Langmeyer Fred $300,000
Previous Owner Langmeyer Fred $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $888,000 0.0% $408 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $888,000 -- $408 / 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 $14,345 $689,434 $680,000 $9,434
2024 $14,345 $960,817 -- --
2023 $14,245 $932,832 $0 $0
2022 $13,977 $905,662 $400,000 $505,662
2021 $5,846 $379,245 $0 $0
2020 $6,055 $374,009 $0 $0
2019 $5,952 $365,600 $0 $0
2018 $5,909 $358,783 $0 $0
2017 $5,144 $351,404 $0 $0
2016 $5,141 $344,176 $0 $0
2015 $5,037 $341,784 $0 $0
2014 $5,037 $339,071 $0 $0
2013 $4,929 $334,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4486563

Stellar MLS

APN: 78751-0000-5