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548 Cutter Lane

548 Cutter Lane, Longboat Key, FL 34228
Sold May 01, 2023
$5,333,000
Sold Jan 29, 2021
$1,350,000
$2,800,000 by Edward R Leibowitz Revocable T
Mortgage Due Jan 27, 2023
548 Cutter Lane has been categorized by the local assessors in Longboat Key, FL as a residential type of property. The building on the property was first built in 2023 and is 1 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 548 Cutter Lane has 4,188 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 12,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 747 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a flat style roof made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 548 Cutter Lane was last sold in May 1, 2023 for $5,333,000. According to our calculations, that's $1,080.65 per sqft. Prior to that sales transaction, the property was sold for $1,350,000 in Jan 28, 2021. Current property owners are expected to pay $19,131 in taxes per year. The property on 548 Cutter Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,404,900. To break that down further, the land itself was valued at $1,355,300. While improvements to the property were assessed at a total of $49,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior

Parking

Garage Parking

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 747
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,935
  • Gross Building Area: 4,935
  • Building Area: 4,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COUNTRY CLUB SHORES UNIT 2
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK H COUNTRY CLUB SHORES UNIT 2

Ownership

  • Current Owner : GRIFFITH ROBERT RANDALL
  • Current Owner 2: GRIFFITH LAURA HAUCK
  • Previous Owner : 548 CUTTER LANE LLC
  • Owner Before Previous Owner: LYNCH ETHNA M
  • Owner Before Previous Owner 2: LYNCH CHRISTINA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T04 T04D T43
  • Census Tract: 000801

Zoning

  • Zoning: R4SF

Geography

  • Assessors Map Reference: 24C
  • Account Number: 0010090016
  • Subdivision Tract Number: 1618
  • Parcel: 0010-09-0016
  • Block: H
  • Lot: 6
  • Meridian: SEC 21 TWN 36S RNG 17E
  • Municipality: TOWN OF LONGBOAT KEY
  • Latitude: 27.3414
  • Longitude: -82.5956

    Address

  • Full Address: 548 Cutter Ln
  • Legal Unit: 2
  • Address - House Number: 548
  • Address - Street Name: Cutter
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Longboat Key
  • Carrier Code: C011
  • 4-Digit Zip Code: 3706
  • Zip Code: 34228

Valuation

    Tax

  • Total Area: 2,643
  • Tax Year: 2023
  • Tax Amount: $19,131
  • Tax Rate Code Area: 2110

    Market Valuation

  • Market Total Value: $1,404,900
  • Market Land Value: $1,355,300
  • Market Improvement Value: $49,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,404,900
  • Assessed Land Value: $1,355,300
  • Assessed Improvements Value: $49,600

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11905870441
  • Current Sale Price: $5,333,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 70432
  • Previous Sale Recording Date: Jan 29, 2021
  • Previous Sale Contract Date: Jan 28, 2021
  • Previous Sale Amount: $1,350,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EDWARD R LEIBOWITZ REVOCABLE T
  • Previous Mortgage Transaction Date: Jan 29, 2021
  • Previous Mortgage Loan Amount: $2,800,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jan 27, 2023

About Country Club Shores



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Frequently Asked Questions

What neighborhood is 548 Cutter Lane located in?
The 548 Cutter Lane is a house located in the neighborhood of Country Club Shores in Country Club Shores, Longboat Key.
What is the average sales price for listings in 548 Cutter Lane?
The average sales price for units in 548 Cutter Lane is $1,379,000 , or $723/sqft. currently.

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