NOT LISTED FOR SALE

862 Evergreen Way Longboat Key, FL 34228

Estimated Value: $554,000 - $617,000

2 Beds
2.5 Baths
1,440 Sq Ft
$586/mo HOA Fee

Last Sold October 24, 2020

Last sale price $352,000 $244 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,256/month

7 Days on Market

Highlights

  • Water Access
  • Fitness Center
  • Clubhouse
  • Anna Maria Elementary School Rated A-
  • View of Trees or Woods
  • High Ceiling

About This Home

As of October 2020

Gorgeous newly renovated condo with brand new kitchen and bath! This condo sits on the Sarasota Bay and is only steps away from the water. Bring your kayak and bathing suit and start live your best life. Excellent opportunity for investment as well. This condo already has bookings for 2021 and they are substantial, should the new owners choose to keep them. Ask agent for details. Once inside this condo you will notice the coastal decor and feel of living across the street from the Gulf Of Mexico. There are over $50K in updates including 2 newer Daikin AC units, a new water heater, new washer, brand new kitchen with granite counters that was installed a couple weeks ago as well as the bathroom. Newer appliances and the entire unit received NEW Hardyboard which cost this owner over $25K. The master bedroom is HUGE and has tons of closet space, the 2nd bedroom is also very large. Enjoy the breakfast bar on the main level in the kitchen or sit at a formal dining space. Enjoy evenings on the screened lanai listening to the quiet sounds. This unit has a 1 car garage and lots of storage space for all your beach gear.

Last Agent to Sell the Property

Julie Woodard

JULIA INT'L REAL ESTATE LLC License #3260270 Listed on: 09/10/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1991

Lot Details

  • Property fronts a private road
  • Street terminates at a dead end
  • Northeast Facing Home
  • Land Lease expires 9/30/20

HOA Fees

  • $586 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Water Access
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, insurance, ground maintenance, manager, pest control, private road
  • Cedars East Justin Trent Association, Phone Number (941) 460-5560
  • Cedars East Community
  • Cedars East Sec 3 Subdivision
  • On-Site Maintenance
  • Leased Association Recreation
  • The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,611

Year Built

Built in 1991

Lot Details

0

HOA Fees

$586 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Insurance, Maintenance Grounds, Manager, Pest Control, Private Road
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1440
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 1733
  • Directions to Property: Go North on GMD turn into Cedars East and go all the way to the end of the road. Unit is to your left, first one.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477630?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477630?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 244.44
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 203.12
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 862
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Trees/Woods
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0292E
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Buyer Approval Required, Deed Restrictions, Fitness, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Maintenance, Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 1757
  • Association Fee Frequency: Quarterly
  • Association Name: Cedars East Justin Trent
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7028
  • Monthly HOA Fee: 585.67
  • Total Monthly Fees: 585.67

Lot Info

  • Zoning: R3MX/PC
  • Parcel Number: 7927306055
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Land Lease Expiration Date: 2020-09-30

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Application to HOA
  • Num Timesper Year: 12
  • Pet Restrictions: See HOA docs for restrictions
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 6500
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: SEE HOA docs for restrictions

Tax Info

  • Tax Annual Amount: 4611
  • Tax Book Number: 1304-2217
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 26, 2020
Sold by
England William and Ennis Tamalyn
Bought by
Holt Laura Mckechnie
Seller's Agent
Julie Woodard
JULIA INT'L REAL ESTATE LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$352,000
Sold Price
$352,000
Current Estimated Value
$585,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,576
Avg. Annual Appreciation
10.72%
Original Mortgage
$281,660
Outstanding Balance
$250,637
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$334,939

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 8, 2018
Sold by
Bardo Robin E and Bardo Beverly D
Bought by
England William and Ennis Tamalyn
Seller's Agent
Robert Nelson
Buyer's Agent
Julie Woodard
JULIA INT'L REAL ESTATE LLC
List Price
$345,000
Sold Price
$330,000
Premium/Discount to List
-$15,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
Original Mortgage
$231,000
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2015
Sold by
Nahne Enterprises Inc
Bought by
Bardo Robin E and Bardo Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Bk Of N Y
Bought by
Schmidt Peter and Schmidt Barbara

Purchase Details

Closed on
Sep 12, 1994
Sold by
Wealth Gen Pntr Inc
Bought by
Crane Barry L and Crane Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
8.37%
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
Holt Laura Mckechnie $352,000 Mti Title Insurance Agcy Inc
England William $330,000 Mti Title Ins Agency Inc
Bardo Robin E $229,900 Attorney
Schmidt Peter -- --
Crane Barry L $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holt Laura Mckechnie $281,660
Previous Owner England William $231,000
Previous Owner Bardo Robin E $183,920
Previous Owner Crane Barry L $164,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2020 10/24/20 Sold $352,000 0.0% $244 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $352,000 0.0% $244 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $352,000 +6.7% $244 / Sq Ft
03/16/2018 03/16/18 Sold $330,000 -4.3% $229 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $345,000 -- $240 / 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 $6,904 $207,060 -- $207,060
2024 $6,904 $552,500 -- $552,500
2023 $6,517 $514,250 $0 $514,250
2022 $4,709 $367,500 $0 $367,500
2021 $4,520 $275,000 $0 $275,000
2020 $4,586 $265,000 $0 $265,000
2019 $4,611 $265,000 $0 $265,000
2018 $3,921 $220,000 $0 $0
2017 $4,066 $245,000 $0 $0
2016 $3,781 $221,000 $0 $0
2015 $3,635 $245,650 $0 $0
2014 $3,635 $216,585 $0 $0
2013 $3,509 $210,277 $1 $210,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4477630

Stellar MLS

APN: 79273-0605-5