NOT LISTED FOR SALE

869 Spanish Dr N Longboat Key, FL 34228

Estimated Value: $424,000 - $578,000

2 Beds
2 Baths
1,355 Sq Ft
$690/mo HOA Fee

Last Sold January 31, 2020

Last sale price $220,500 $163 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,106/month

178 Days on Market

Highlights

  • Marina
  • Water Access
  • Clubhouse
  • Boat Dock
  • Senior Community
  • Traditional Architecture

About This Home

As of January 2020

PRIOR BUYER LOSS, YOUR GAIN...BACK ON THE MARKET!!!This Villa is ready for you to make it your dream home in your dream town! The unit has amazing potential in this 55+ community located on Longboat Key! Bring your design ideas to remodel and make it your own! 2 bedrooms, 2 bathroom and a Florida Room with 1355 square feet of living space. The Spanish Main Yacht Club offers deeded beach access directly across Gulf of Mexico Dr, so you can stroll to the beach and never have to worry about parking! There is also a large Clubhouse with full kitchen, library and laundry facilities, year round planned activities, 40' slip deep water marina with direct access to Sarasota Bay. Water, sewer, cable TV, Wifi in the Clubhouse, trash/recycling, common area maintenance, roof cleaning, hazard, windstorm and flood insurance as well as reserves are all included in the monthly condo fees. Santa is ready to deliver by Christmas!! HO HO HO...

Last Agent to Sell the Property

Paula Steinert

RE/MAX ALLIANCE GROUP License #0176813 Listed on: 07/25/2019

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Kimberly Freiwald

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3134433

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1970

Lot Details

  • South Facing Home
  • Mature Landscaping

HOA Fees

  • $690 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Villa
  • Slab Foundation
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,355 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Water Access
  • Property is near a marina
  • Outdoor Storage
  • Front Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, ground maintenance, manager, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Judy Or Barbara Association, Phone Number (941) 383-2664
  • Visit Association Website
  • Spanish Main Yacht Club Community
  • Spanish Main Yacht Club Condo Or353/335 Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Waterfront Community
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,090

Year Built

Built in 1970

Lot Details

0

HOA Fees

$690 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1355
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 1647
  • Directions to Property: 5700 BLK ON GULF OF MEXICO DR BAYSIDE, TO LEFT ON N SPANISH DR.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442020?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442020?w=Customer
  • FCHR URL: Yes
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98
  • Price per Sq Ft: 162.73
  • Close to Original List Price Ratio: 0.72533
  • Ratio: Current Price\Building Area Total: 133.88
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4180

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 869
  • Room Count: 5
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Storage
  • Roof: Built-Up, Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0291E
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Special Community Restrictions, Water Access, Waterfront
  • Association Amenities: Boat Slip, Cable TV, Clubhouse, Boat Dock, Laundry, Maintenance, Marina, Pool, Recreation Facilities
  • Association Name: JUDY OR BARBARA
  • Phone: 941-383-2664
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 690
  • Condo Fees Term: Monthly
  • Association Website: WWW.SMYCLBK.COM
  • Association Email: JUDY@SMYCLBK.COM / BARBARA@SMYCLBK.COM
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 690
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 8280
  • Total Monthly Fees: 690

Lot Info

  • Zoning: R3MX
  • Parcel Number: 7907300003
  • Additional Parcels: No
  • Lot Features: City Lot, Near Marina
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: CONFIRM WITH MANAGEMENT
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: CONFIRM WITH MANAGEMENT

Tax Info

  • Tax Annual Amount: 4090
  • Tax Book Number: 285-165
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Mulligan John
Bought by
Kammert Mark Lawrence and Shaffer Janet Phillips
Current Estimated Value
$524,392

Purchase Details

Listed on
Jul 25, 2019
Closed on
Jan 27, 2020
Sold by
Wilmington Savings Funding Society Fsb
Bought by
Mulligan John
Seller's Agent
Paula Steinert
RE/MAX ALLIANCE GROUP
Buyer's Agent
Kimberly Freiwald
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$230,000
Sold Price
$220,500
Premium/Discount to List
-$9,500
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%

Purchase Details

Closed on
Apr 17, 2019
Sold by
Desselle Eileen
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 25, 2000
Sold by
Wright Margaret G and Earl Wright W
Bought by
Desselle Don L and Desselle Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
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
Kammert Mark Lawrence $434,000 Attorney
Mulligan John $220,500 Shore To Shore Title Llc
Hecm Acquisition Trust -- Shore To Shore Title Llc
Nationstar Mortgage Llc $201,100 Attorney
Desselle Don L $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desselle Eileen $427,500
Previous Owner Dessele Don L $35,000
Previous Owner Desselle Don L $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $220,500 -2.0% $163 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/13/2019 12/13/19 Price Changed $225,000 -2.2% $166 / Sq Ft
12/03/2019 12/03/19 For Sale $230,000 0.0% $170 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $230,000 -4.2% $170 / Sq Ft
09/16/2019 09/16/19 Price Changed $240,000 -18.5% $177 / Sq Ft
08/15/2019 08/15/19 Price Changed $294,500 -3.1% $217 / Sq Ft
07/23/2019 07/23/19 For Sale $304,000 -- $224 / 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
2024 $6,526 $448,330 -- --
2023 $6,402 $444,453 $0 $0
2022 $5,879 $388,500 $0 $388,500
2021 $5,196 $305,000 $0 $305,000
2020 $4,887 $270,000 $0 $270,000
2019 $4,912 $270,000 $0 $270,000
2018 $4,090 $270,000 $0 $0
2017 $4,607 $290,300 $0 $0
2016 $0 $160,833 $0 $0
2015 $1 $159,715 $0 $0
2014 $1 $158,447 $0 $0
2013 $1 $156,105 $37,657 $118,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4442020

Stellar MLS

APN: 79073-0000-3