NOT LISTED FOR SALE

4540 Gulf of Mexico Dr Unit F204 Longboat Key, FL 34228

Longboat Key Neighborhood

Estimated Value: $519,937

2 Beds
2 Baths
1,096 Sq Ft
$816/mo HOA Fee

Last Sold April 27, 2018

Last sale price $317,500 $290 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,506/month

19 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • Fitness Center
  • Anna Maria Elementary School Rated A-
  • Access to Bay or Harbor
  • In Ground Pool

About This Home

As of April 2018

Lowest priced condo in the great community of Windward Bay and one of the best deals on all of Longboat Key. Directly across the street from the white sand and the blue turquoise waters of the Gulf of Mexico and the new ZOTA Gulf Front Resort. The surprise is the lovely view from the large Lanai that adds to the square footage to give the feeling of a much larger space. The 2nd bedroom has been designed with quality built-ins to act as an office/den. A lovely Queen size Murphy bed is hidden in the quality cabinetry. The Master bath has an upgraded shower and built in walk in closet. The kitchen is efficient, clean, bright and barely been used. This is one of the few units with its own washer/dryer. New Living room bay window allows you to watch the birds fly through the mangroves and watch the fish jump out of the water. Hurricane Shutters too. Newer A/C and hot water heater. Windward Bay offers, fitness, large pool, affordable boat docks, deeded beach access and on- site management. Covered assigned parking under the building. Located minutes away from world famous St. Armand's circle and the city of Sarasota. If you are looking for a great deal and truly want the most for your money, don't miss seeing this unit. Pet Friendly which allows 2 pets.

Last Listed By

Maureen Horn

MICHAEL SAUNDERS & COMPANY License #3102504 Listed on: 02/26/2018

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1975

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $816 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,096 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Full Bay or Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Access to Bay or Harbor
  • No Fixed Bridges
  • First Come-First Served Dock
  • Deck
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, recreational facilities, sewer, trash, water
  • Castle Mgmt 941 383 3571 Association
  • Windward Bay Community
  • Windward Bay Condo Amd Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,859

Year Built

Built in 1975

Lot Details

0

HOA Fees

$816 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1096
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 1312
  • Directions to Property: From south Longboat Key, go north on Gulf of Mexico Drive to left into Windward Bay, take an immediate right when entering the complex, then 1st bldg on the left. Bldg F, unit 204. on
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211477&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211477&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97722
  • Price per Sq Ft: 289.69
  • Close to Original List Price Ratio: 0.93658
  • Ratio: Current Price\Building Area Total: 242
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 4540
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0294E
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Parking Features: Assigned, Underground
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Pool, Water Access, Waterfront Complex
  • Association Amenities: Boat Dock, Elevator(s), Fitness Center
  • Association Name: Castle Mgmt 941-383-3571
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 816
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 816
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9792
  • Total Monthly Fees: 816

Lot Info

  • Zoning: R4MX
  • Parcel Number: 8007914800
  • Additional Parcels: No
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1 Month
  • Approval Process: Application
  • Num Timesper Year: 2
  • Pet Restrictions: 2 Allowed, 25 lb max.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 mo min, twice per year.

Tax Info

  • Tax Annual Amount: 1859
  • Tax Book Number: 3-82
  • Tax Lot: 204

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Korsgaard Valerie A and Hale Robert R
Bought by
Valerie A Korsgaard Revocable Trust and Korsgaard
Total Days on Market
19
Current Estimated Value
$519,937

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 25, 2018
Sold by
Williams Virginia Marlies
Bought by
Hale Valerie and Hale Joseph R
Seller's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Javier Moret
EXP REALTY LLC
List Price
$339,000
Sold Price
$317,500
Premium/Discount to List
-$21,500
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$217,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Dwyer Marlies Virginia
Bought by
Williams Virginia Marlies

Purchase Details

Closed on
Apr 28, 2011
Sold by
Williams Virginia Marlies
Bought by
Williams Virginia Marlies

Purchase Details

Closed on
Oct 27, 2008
Sold by
Williams Virginia Marlies
Bought by
Williams Virginia Marlies

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
Valerie A Korsgaard Revocable Trust $100 None Listed On Document
Hale Valerie $317,500 Attorney
Williams Virginia Marlies -- None Available
Williams Virginia Marlies -- None Available
Williams Virginia Marlies -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hale Valerie $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $317,500 -2.3% $290 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $324,900 -4.2% $296 / Sq Ft
02/26/2018 02/26/18 For Sale $339,000 -- $309 / 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 $9,451 $616,250 -- $616,250
2023 $4,539 $324,646 $0 $0
2022 $4,510 $315,190 $0 $0
2021 $4,381 $306,010 $0 $0
2020 $4,535 $301,785 $0 $0
2019 $4,452 $295,000 $0 $295,000
2018 $2,035 $145,951 $0 $0
2017 $1,859 $142,949 $0 $0
2016 $1,852 $140,009 $0 $0
2015 $1,660 $139,036 $0 $0
2014 $1,660 $137,933 $0 $0
2013 $1,623 $135,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4211477

Stellar MLS

APN: 80079-1480-0