NOT LISTED FOR SALE

761 Old Compass Rd Longboat Key, FL 34228

Estimated Value: $3,591,000 - $4,654,000

3 Beds
4.5 Baths
4,378 Sq Ft
$926/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $1,675,000 $383 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $24,341/month

37 Days on Market

Highlights

  • 100 Feet of Salt Water Canal Waterfront
  • White Water Ocean Views
  • Dock made with wood
  • Anna Maria Elementary School Rated A-
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of May 2017

Breathtaking bay views are offered by this captivating, canal-front home featuring an impressive list of just-completed upgrades. Outdoor living space has been expanded and adorned with beautiful new travertine tile surrounding the updated pool & spa featuring new Pebble Tec finish. The elegant main-floor owner’s retreat, main-floor den/office and entire second floor have been enhanced by gorgeous new hardwood flooring. Updated coastal colors and a beautiful new kitchen backsplash complement the exceptional finishes and architectural details throughout this home. The living and great rooms are perfectly designed to flow seamlessly through over-sized sliding doors to the spectacular pool area…perfect for entertaining. The owner’s retreat features sliders to the outdoor living space, beautiful views and a stunning, luxurious master bath. The 2nd floor features a loft area which serves as a casual retreat with wet bar, wine refrigerator and two spacious guest suites with ensuite baths and balconies offering amazing water views. This John Cannon built home is situated on a peaceful, extra-wide, deep water canal in Emerald Harbour, a neighborhood of luxury waterfront residences offering private beach access. Other notable features include 100 feet of waterfront with seawall, dock, boat lift, 3-car garage, outdoor lighting, paver drive and walkways and much more.

Last Agent to Sell the Property

Duane Finney

ALLIANCE GROUP LIMITED License #3063534 Listed on: 03/13/2017

ALLIANCE GROUP LIMITED

Last Buyer's Agent

Lee Mirman

INVESTMENTS IN SARASOTA License #3022993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,326

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100.0x155.0
  • 100 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Mature Landscaping
  • Irrigation
  • Property is zoned R4SF

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • White Water Ocean
  • Intracoastal
  • Canal

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,378 Sq Ft Home
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Formal Dining Room
  • Den
  • Loft
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range Hood
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Child Gate Fence
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Deeded access to the beach
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Ventilation
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 7888000002

Community Details

Overview

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

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,326

Year Built

Built in 2001

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4378
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 6011
  • Lot Size Sq Ft: 15500
  • Directions to Property: Cortez Rd W to Anna Maria Island, left on Gulf Dr S to Gulf Of Mexico Dr, left on Binnacle Point Dr, left on Emerald Harbor Dr, right on Old Compass Rd to property.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 382.59
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Marble, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 761
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Inside Utility,Loft,Storage Rooms
  • Room Count: 8

Exterior Features

  • Pool Features: Auto Cleaner, Child Safety Fence, Heated, In Ground
  • Exterior Features: Balcony, Irrigation System, Lighting
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Beach - Access Deeded,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Wood,Dock w/Electric,Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 100
  • Water View: Bay/Harbor - Full,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access
  • Association Amenities: Storage
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 41.67

Schools

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

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7888000002
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Paved
  • Lot Dimensions: 100.0X155.0
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Green Features

  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 24326
  • Tax Book Number: 0012/0041
  • Tax Lot: 77

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
May 18, 2017
Sold by
Ranck James A and The James A Racnk Trust
Bought by
Maddox Brian and Maddox Cathy A
Seller's Agent
Duane Finney
ALLIANCE GROUP LIMITED
Buyer's Agent
Lee Mirman
INVESTMENTS IN SARASOTA
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Current Estimated Value
$4,052,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,377,517
Avg. Annual Appreciation
11.28%
Original Mortgage
$1,150,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 24, 2012
Closed on
Mar 28, 2013
Sold by
Burnside Nancy A and Burnside Nancy Prescott
Bought by
Ranck James A and James A Ranck Trust
Seller's Agent
Steve Prescott
BRIGHT REALTY
Buyer's Agent
Duane Finney
ALLIANCE GROUP LIMITED
List Price
$1,979,000
Sold Price
$1,825,000
Premium/Discount to List
-$154,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.05%
Original Mortgage
$1,368,750
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2012
Closed on
Mar 25, 2013
Sold by
Markey James and Estate Of Daniel H Burnside
Bought by
Burnside Nancy Prescott
Seller's Agent
Steve Prescott
BRIGHT REALTY
Buyer's Agent
Duane Finney
ALLIANCE GROUP LIMITED
List Price
$1,979,000
Sold Price
$1,825,000
Premium/Discount to List
-$154,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,750
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Burnside Daniel H and Jouppi John R
Bought by
Burnside Nancy Prescott

Purchase Details

Closed on
May 25, 1999
Sold by
Mcardle Michael Mmj and Mcardle Josephine Helen
Bought by
Burnside Daniel H and Burnside Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.84%
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
Maddox Brian $1,675,000 Attorney
Ranck James A $1,825,000 Alliance Group Title Llc
Burnside Nancy Prescott -- None Available
Burnside Nancy Prescott -- Attorney
Burnside Daniel H $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddox Brian K $2,400,000
Closed Maddox Brian $250,000
Closed Maddox Brian $1,150,000
Previous Owner Ranck James A $1,368,750
Previous Owner Burnside Daniel H $417,500
Previous Owner Burnside Daniel H $442,000
Previous Owner Burnside Daniel H $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $1,675,000 -- --
05/22/2017 05/22/17 Sold $1,675,000 -9.5% $383 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $1,850,000 +1.4% $423 / Sq Ft
03/28/2013 03/28/13 Sold $1,825,000 -7.8% $417 / Sq Ft
12/29/2012 12/29/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $1,979,000 -- $452 / 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 $26,614 $1,835,317 -- --
2024 $26,614 $1,783,593 -- --
2023 $26,441 $1,731,644 $0 $0
2022 $25,949 $1,681,208 $0 $0
2021 $25,256 $1,632,241 $0 $0
2020 $26,175 $1,609,705 $425,000 $1,184,705
2019 $26,325 $1,609,705 $425,000 $1,184,705
2018 $24,899 $1,464,130 $425,000 $1,039,130
2017 $24,578 $1,536,451 $0 $0
2016 $24,326 $1,487,657 $0 $0
2015 $21,418 $1,437,020 $0 $0
2014 $21,418 $1,275,997 $0 $0
2013 $13,934 $873,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4179692

Stellar MLS

APN: 78880-0000-2