NOT LISTED FOR SALE

1125 Scherer Way Osprey, FL 34229

Estimated Value: $574,102 - $645,000

3 Beds
2 Baths
1,979 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $285,000 $144 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,763/month

231 Days on Market

Highlights

  • Indoor Pool
  • Deck
  • Main Floor Primary Bedroom
  • Laurel Nokomis School Rated A-
  • Wood Flooring
  • Attic

About This Home

As of May 2014

Privacy, privacy, privacy. The culmination of this tranquil location and quiet lanai provide one of the most private cul-de-sac lots in prestigious Rivendell; you can walk to the nationally renowned Pineview School. Entertain as many friends and neighbors as you can fit inside this breathtaking open floor plan combining your kitchen, breakfast bar, tiled living room with tray ceilings & opened great room into one well connected space. Your hardwood floors accent your office exceptionally, and create an excellent opportunity for your third bedroom, if desired. Enjoy the privacy of your split floor plan with no shared walls from your guest room to your master bedroom, along with dual walk in closets. Cul-de-sac living is truly the way to go, and the back yard has been confirmed large enough to add a pool. Centrally located to all of Sarasota's shopping, beaches, boat storage, and outdoor living. Water softening and purifying system installed two years ago and will stay with the home as well as the security system.

Last Agent to Sell the Property

Brian Loebker

MICHAEL SAUNDERS & COMPANY License #3264334 Listed on: 08/02/2013

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Brian Loebker

MICHAEL SAUNDERS & COMPANY License #3264334 Listed on: 08/02/2013

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 2003

Lot Details

  • 7,800 Sq Ft Lot
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,979 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance
  • Rivendell Community
  • Rivendell Unit 4B Woodlands Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,613

Year Built

Built in 2003

Lot Details

0

HOA Fees

$128 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1979
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2544
  • Lot Size Sq Ft: 7800
  • Directions to Property: US41 south to Old Venice Rd. to right on Rivendell Blvd., left on Placid Lake Drive, left to Scherer Way to 1125.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3982241&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3982241&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2846
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95032
  • Price per Sq Ft: 144.01
  • Close to Original List Price Ratio: 0.8909
  • Ratio: Current Price\Building Area Total: 112.03
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Purifier Owned, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1125
  • Room Count: 8
  • Additional Rooms: Attic, Den/Library/Office, Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Indoor
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Tennis Courts
  • Association Amenities: Maintenance, Tennis Court(s)
  • Association Fee: 128
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 57

Fee Information

  • Total Annual Fees: 2220
  • Total Monthly Fees: 185

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0150020016
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Millage Rate: 13.39
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2014-05-06T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 3613
  • Tax Book Number: 0042/0028
  • Tax Lot: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
May 6, 2014
Sold by
Schmidt Ryan G and Walko Susan
Bought by
French Jeffrey R
Seller's Agent
Brian Loebker
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Brian Loebker
MICHAEL SAUNDERS & COMPANY
List Price
$319,900
Sold Price
$285,000
Premium/Discount to List
-$34,900
-10.91%
Current Estimated Value
$611,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,776
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Apr 6, 2010
Sold by
Charterhouse Estates Inc
Bought by
Schmidt Ryan G and Schmidt Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2008
Sold by
Fay William and Pappas Betsy L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 31, 2003
Sold by
U S Home Corp
Bought by
Fay William E and Pappas Betsy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,939
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
French Jeffrey R $285,000 Attorney
Schmidt Ryan G $257,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Fay William E $276,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Ryan G $205,600
Previous Owner Fay William E $153,000
Previous Owner Fay William E $13,000
Previous Owner Fay William E $262,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $285,000 -5.0% $144 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
03/12/2014 03/12/14 Price Changed $299,900 -3.2% $152 / Sq Ft
11/15/2013 11/15/13 Price Changed $309,900 -3.1% $157 / Sq Ft
08/02/2013 08/02/13 For Sale $319,900 -- $162 / 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 $3,618 $309,139 -- --
2023 $3,618 $300,135 $0 $0
2022 $3,489 $291,393 $0 $0
2021 $3,463 $282,906 $0 $0
2020 $3,468 $279,000 $63,800 $215,200
2019 $3,431 $279,817 $0 $0
2018 $3,346 $274,600 $89,700 $184,900
2017 $3,349 $270,396 $0 $0
2016 $3,330 $294,000 $108,800 $185,200
2015 $3,388 $289,600 $104,100 $185,500
2014 $3,908 $239,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3982241

Stellar MLS

APN: 0150-02-0016