NOT LISTED FOR SALE

751 Russell St Longboat Key, FL 34228

Estimated Value: $644,000 - $742,000

2 Beds
2 Baths
1,050 Sq Ft
$646/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $779,000 $742 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,383/month

64 Days on Market

Highlights

  • Boat Ramp
  • Beach Access
  • Solid Surface Countertops
  • Anna Maria Elementary School Rated A-
  • Garden View
  • No HOA

About This Home

As of February 2023

Welcome to the undeniably charming Palm Cottage. This elevated Key West-inspired cottage is set in the sought-after Longbeach Village. The Village, as it is fondly called, embodies the best of Longboat Key’s casual barrier island living, just off the coast of Sarasota, where you find world class arts and entertainment. Indulge in all the island life has to offer. You are a short stroll away from the stunning white sand and turquoise water beaches of the Gulf of Mexico. Enjoy convenient waterfront dining in the Longbeach Village at the renowned Shore or Mar Vista, or the tropical setting of nearby Whitney’s. Just down the street is bay access for kayaking, a public boat ramp, a neighborhood dock for fishing, and so much more. Entry to the cottage is via the front deck where you can observe boats just down the street traversing the intracoastal waterway. The living room has a vaulted ceiling and a beautiful wood burning fireplace, giving it an open but cozy feel. The kitchen has been nicely updated. Large sliding glass doors in the living room and master bedroom lead out to the spacious screened-in porch that is surrounded by mature landscaping. A perfect place to enjoy the coastal breeze while you sip your morning coffee. This property could be the relaxing tropical getaway you have been waiting for.

Last Agent to Sell the Property

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 11/02/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Cindy Fischer

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3422984 Listed on: 11/02/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 1985

Lot Details

  • 5,249 Sq Ft Lot
  • South Facing Home
  • Mature Landscaping
  • Property is zoned R6SF

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Open Parking

Home Design

  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Garden Views
  • Home Security System
  • Laundry in Garage

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Beach Access
  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Long Beach Community
  • Longbeach On Longboat Key Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,530

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 1050
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2491
  • Lot Size Sq Ft: 5249
  • Directions to Property: Head north on Gulf of Mexico Drive. Take a right on Broadway Street. Go to end of Broadway and turn left onto Bayside Drive. Turn left onto Russell St. **Parking is only allowed on the north side of the street and only with permit or guest pass. Please park in the driveway or on street directly in front of home on the same side. Please ask listing agent for guest pass if you park on the street, or you could be ticketed. Park only between the green signs where permit parking is allowed (this includes guest pass parking).
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550014?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4550014?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.82086
  • Price per Sq Ft: 741.9
  • Close to Original List Price Ratio: 0.82086
  • Ratio: Current Price\Building Area Total: 312.73
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 751
  • Room Count: 5
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water Access: Beach, Gulf/Ocean, Intracoastal Waterway
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0283F
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Golf Carts OK
  • Association: No
  • Security: Security System
  • 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: R6SF
  • Parcel Number: 7794900006
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per the Town of Longboat Key code.

Tax Info

  • Tax Annual Amount: 2530
  • Tax Block: 18
  • Tax Book Number: 1-306
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Feb 1, 2023
Sold by
Nicketta Guarino Self Declaration Of Tru
Bought by
Howell Mark J and Bernardi Nicole
Seller's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Cindy Fischer
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$949,000
Sold Price
$779,000
Premium/Discount to List
-$170,000
-17.91%
Views
29
Current Estimated Value
$678,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,463
Avg. Annual Appreciation
-3.85%
Original Mortgage
$269,000
Outstanding Balance
$260,494
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$442,679

Purchase Details

Closed on
Apr 25, 1996
Sold by
Dudick George and Dudick Mary Lou
Bought by
Holler Janis Frawley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Howell Mark J $269,000 --
Holler Janis Frawley -- --
Holler Janis Frawley $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Mark J $269,000
Previous Owner Frawley Holler Janis $124,000
Previous Owner Holler Janis Frawley $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $779,000 -17.9% $742 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/02/2022 11/02/22 For Sale $949,000 -- $904 / 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 $9,217 $609,032 $290,700 $318,332
2024 $9,217 $644,329 $290,700 $353,629
2023 $2,607 $197,349 $0 $0
2022 $2,531 $190,594 $0 $0
2021 $2,446 $185,043 $0 $0
2020 $2,529 $182,488 $0 $0
2019 $2,478 $178,385 $0 $0
2018 $2,455 $175,059 $0 $0
2017 $2,289 $171,458 $0 $0
2016 $2,282 $167,931 $0 $0
2015 $2,122 $166,764 $0 $0
2014 $2,122 $165,440 $0 $0
2013 $2,075 $162,995 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4550014

Stellar MLS

APN: 77949-0000-6