NOT LISTED FOR SALE

777 Old Compass Rd Longboat Key, FL 34228

Estimated Value: $3,070,000 - $4,706,000

0.38 Acres
$10,597,318 Price per Acre
16,553 Sq Ft Lot

Last Sold May 03, 2018

Last sale price $1,200,000

Est. 236% increase in value since last sale

Current estimated payment $24,725/month

957 Days on Market

Highlights

  • White Water Ocean Views
  • Property Fronts a Bay or Harbor
  • Heating Available
  • Access to Bay or Harbor

About This Lot

As of May 2018

Huge Price Reduction on this spectacular waterfront lot in one of LBK's most sought after communities. Nestled amongst wide, meandering canals, Emerald Harbor is an exclusive enclave of pristine and stunning residences. Situated at the end of a cul-de-sac and boasting 150 ft of Bay front scenery, this elevated property commands the neighborhood. Once constructed, your new home will offer not only serene and enchanting deep water and preserve views but sweeping 180 degree Bay and city views as well. Owner will consider financing for qualified buyers.

Last Agent to Sell the Property

Teri Ann Sax

MEDWAY REALTY License #3119226 Listed on: 07/31/2015

MEDWAY REALTY

Last Buyer's Agent

Leah George

COLDWELL BANKER REALTY License #3093926

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,367

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 110' x 150'
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Property is zoned R4SF

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Canal

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number 7888200008

Community Details

Overview

  • Emerald Harbor Community
  • Emerald Harbor Unit 2 Subdivision

Recreation

  • Access to Bay or Harbor
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$12,367

Lot Details

0.38 Acres

HOA Fees

$38 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16509
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.89552
  • Price per Sq Ft: 72.69
  • Close to Original List Price Ratio: 0.75235
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Canal
  • Water Access: Bay/Harbor, Canal - Saltwater
  • Water Extras: Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 150
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 450
  • Monthly HOA Fee: 37.5
  • Total Monthly Fees: 37.5

Lot Info

  • Zoning: R4SF
  • Parcel Number: 7888200008
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Room For Pool
  • Lot Dimensions: 110' x 150'
  • Millage Rate: 16.22
  • Price Per Acre: 3157895
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 12367
  • Tax Book Number: 12-41
  • Tax Lot: 79

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2015
Closed on
Apr 26, 2018
Sold by
777 Old Compass Rd Llc
Bought by
Cushman James B and Cushman Kristen M
Seller's Agent
Teri Ann Sax
MEDWAY REALTY
Buyer's Agent
Leah George
COLDWELL BANKER REALTY
List Price
$1,340,000
Sold Price
$1,200,000
Premium/Discount to List
-$140,000
-10.45%
Current Estimated Value
$4,026,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,826,981
Avg. Annual Appreciation
16.81%
Original Mortgage
$840,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Alfano John L
Bought by
777 Old Compass Road Llc

Purchase Details

Closed on
Apr 14, 2005
Sold by
Stevenson Thomas Adlai and Stevenson Ronald Skipper
Bought by
Alfano John L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cushman James B $1,200,000 Desjalais Law & Title
777 Old Compass Road Llc -- Attorney
Alfano John L $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cushman James B $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2018 05/03/18 Sold $1,200,000 -10.4% --
03/15/2018 03/15/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $1,340,000 +11.7% --
02/01/2018 02/01/18 Off Market $1,200,000 -- --
07/24/2017 07/24/17 Price Changed $1,340,000 -2.5% --
07/28/2016 07/28/16 Price Changed $1,375,000 -13.8% --
07/31/2015 07/31/15 For Sale $1,595,000 -- --
Source: Stellar MLS

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 $48,053 $3,314,696 -- --
2023 $47,752 $3,830,091 $924,375 $2,905,716
2022 $41,021 $2,618,570 $727,500 $1,891,070
2021 $11,301 $692,020 $660,000 $32,020
2020 $11,328 $658,550 $637,500 $21,050
2019 $11,348 $656,000 $637,500 $18,500
2018 $9,732 $550,240 $531,250 $18,990
2017 $12,367 $766,990 $0 $0
2016 $12,362 $750,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4128572

Stellar MLS

APN: 78882-0000-8

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