551 Chipping Ln
Longboat Key, FL 34228
3 bd 2 ba 2,247 sqft Built 1967 Lot 11,326 sqft single_family
Most recent sale
$2,100,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $2,100,000 | MLS #A4540000 |
| Jun 30, 2022 | Listed | $2,495,000 | MLS #A4540000 |
| Aug 13, 1999 | Sold | $389,000 | Public Record |
| May 13, 1996 | Sold | $325,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $284,300 | $1,247,000 | $1,531,300 | $20,320 |
| 2023 | $358,300 | $1,310,400 | $1,668,700 | $22,414 |
| 2021 | — | — | $685,300 | $10,817 |
| 2020 | $41,800 | $581,200 | $623,000 | $9,440 |
| 2019 | $41,400 | $591,800 | $633,200 | $9,503 |
| 2018 | $108,400 | $570,700 | $679,100 | $10,172 |
| 2017 | $56,900 | $581,200 | $638,100 | $9,345 |
| 2016 | $52,300 | $576,000 | $628,300 | $9,372 |
| 2015 | $54,100 | $555,700 | $609,800 | $9,141 |
| 2014 | — | — | $573,000 | $8,657 |
| 2013 | — | — | $565,500 | $8,483 |
| 2012 | — | — | $540,200 | $7,924 |
| 2011 | — | — | $560,600 | $8,099 |
| 2010 | — | — | $540,900 | $8,032 |
| 2009 | — | — | $568,700 | $8,039 |
| 2008 | — | — | $661,700 | $8,996 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,247 sqft
Lot size
11,326 sqft
ZIP code
34228
City
Longboat Key
Street
Chipping Ln
Coordinates
27.35029, -82.60440
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$12,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 551 Chipping Ln last sell?
551 Chipping Ln most recently sold on Aug 31, 2022 for $2,100,000.
What is the current tax assessment for 551 Chipping Ln?
The most recent total assessment for 551 Chipping Ln (year 2025) is $1,531,300 with $20,320 in property tax.
How does 551 Chipping Ln's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $2,100,000.
When was 551 Chipping Ln built?
551 Chipping Ln was built in 1967.
How does 551 Chipping Ln compare to others on Chipping Ln?
We track 2 other properties on Chipping Ln. Browse the list under "Other properties on Chipping Ln" to compare beds, baths, and sale history.
What are the property facts for 551 Chipping Ln?
551 Chipping Ln is a 3 bed, 2 bath, 2,247 sqft, 11,326 sqft lot single_family.
Is 551 Chipping Ln a flip candidate?
No — 551 Chipping Ln does not appear in our flips dataset.
Is 551 Chipping Ln a tax-appeal candidate?
No — 551 Chipping Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.6%
Implied 1-yr
+18.5%
2026 Q3
$2.9M
2026 Q4
$2.9M
ZIP 34228 — Median Price History + Forecast
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Geography
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