NOT LISTED FOR SALE

1188 Mallard Marsh Dr Osprey, FL 34229

Estimated Value: $998,000 - $1,097,000

4 Beds
3 Baths
3,333 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,147,000 $344 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,300/month

Highlights

  • 87 Feet of Lake Waterfront
  • In Ground Pool
  • High Ceiling
  • Laurel Nokomis School Rated A-
  • Wooded Lot
  • Great Room

About This Home

As of May 2023

Outstanding Rivendell residence bordering Oscar Scherer State Park and the widest section of lake (almost 1000 feet) for arguably the most breathtaking views. The lines are blurred between indoor and outdoor living, with a spacious lanai and a sparkling 17x26 pool/spa, seamlessly rounding out days in paradise. Marvel at the wildlife: a menagerie of Eagles, Osprey, Cranes, other shore birds, Otters, Turtles & Deer. The new tile roof (2021) with 10-year transferable warranty adds to the terrific curb appeal with a 3-car garage, paver drive, lush manicured landscaping and Butterfly Park across the street. Every detail in this Oxford model is addressed with remarkable style including double door entry, vaulted deep 11’ and 13’ tray ceiling, crown molding, 8 ft. doorways, column details and all has been immaculately maintained. It’s always about the view, and the living, family, kitchen and breakfast rooms frame an exceptional setting. The kitchen is spacious in design with wood cabinetry, two islands and Corian counters. Owner’s suite features walk-in closets and a luxurious bathroom with dual sinks, garden tub, walk-in shower + direct pool and lanai access. The den/office has a double door entry. Three bedrooms on the opposite side have large closets, Jack & Jill bath, with another serving as a bath to the pool and one bedroom. Currently the wall between bedrooms 2 and 3 has been partially opened to facilitate the owners’ quilting studio and can be easily replaced. On a practical note: 2 AC’s replaced in 2017, hurricane shutters provided and there is an irrigation well, with irrigation pump replaced in 2017. Rivendell community has an award-winning, well-maintained, park-like setting with 380 acres of lakes, preserves, parks and other open spaces, quiet tree-lined streets with sidewalks, walking path, tot-lot, gazebo and large, heated community pool. Ideally located near top-rated Pine View School, the Legacy Trail, restaurants, beaches, the Intracoastal Waterway, boat and kayak launches and a new Publix, plus coffee shop, gym, pilates and more. For those that seek an exceptional waterfront lifestyle, nothing compares. Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Tamara Currey

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3207646 Listed on: 04/12/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Susan Keal

MICHAEL SAUNDERS & COMPANY License #0473897

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,864

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • 87 Feet of Lake Waterfront
  • Lake Front
  • South Facing Home
  • Mature Landscaping
  • Wooded Lot
  • Property is zoned RSF1

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Driveway

Property Views

  • Water
  • Woods

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,333 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Den
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outside Bathroom Access

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool
  • Lighthouse Property Management Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Rivendell Community
  • Rivendell Woodlands Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,864

Year Built

Built in 2003

Lot Details

0

HOA Fees

$86 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3333
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4614
  • Lot Size Sq Ft: 11050
  • Directions to Property: From US 41, take Old Venice Rd N, Right on Rivendell BLVD, Right on Rainbow Point Way, Immediate Left on Shadow Bay Way, Left on Mallard marsh Dr, Home is on the Left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 344.13
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 1188
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Formal Living Room Separate,Great Room
  • Living Area Meters: 309.65
  • Room Count: 10

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground, Outside Bath Access
  • Exterior Features: Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 87
  • Water Frontage Feet Lake: 87

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Oversized

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Playground, Pool
  • Association Amenities: Playground, Pool, Trail(s)
  • Association Fee: 517
  • Association Fee Frequency: Semi-Annually
  • Association Name: LIGHTHOUSE PROPERTY MANAGEMENT
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association URL: Rivendellcommunity.com

Fee Information

  • Total Annual Fees: 1034.00
  • Total Monthly Fees: 86.17
  • Monthly HOA Amount: 86.17

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0150160011
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1027

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: VERFIY WITH HOA

Tax Info

  • Tax Annual Amount: 5864.32
  • Tax Lot: 42

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 23, 2023
Sold by
Freestone Trust
Bought by
Oliveri Family Revocable Trust
Seller's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Susan Keal
MICHAEL SAUNDERS & COMPANY
List Price
$1,147,000
Sold Price
$1,147,000
Views
8
Current Estimated Value
$1,047,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,301
Avg. Annual Appreciation
-3.43%
Original Mortgage
$480,000
Outstanding Balance
$469,683
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$591,038

Purchase Details

Closed on
Aug 1, 2016
Bought by
Freestone Trust

Purchase Details

Closed on
Feb 18, 2005
Sold by
Ward Mulholland Brail Inc
Bought by
Freestone Frank and Freestone Jean

Purchase Details

Closed on
Mar 31, 2003
Sold by
U S Home Corp
Bought by
Ward Mulholland Brail Inc

Purchase Details

Closed on
Jan 7, 2002
Sold by
Rivendell Joint Venture
Bought by
U S Home Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oliveri Family Revocable Trust $1,147,000 None Listed On Document
Freestone Trust $100 --
Freestone Frank $687,000 Fidelity Natl Title Ins Co
Ward Mulholland Brail Inc $557,000 --
U S Home Corp $301,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliveri Family Revocable Trust $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $1,147,000 0.0% $344 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $1,147,000 -- $344 / 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 $6,055 $821,600 $205,300 $616,300
2023 $6,055 $495,095 $0 $0
2022 $1,477 $480,675 $0 $0
2021 $5,637 $453,083 $0 $0
2020 $5,658 $446,827 $0 $0
2019 $5,477 $436,781 $0 $0
2018 $0 $428,637 $0 $0
2017 $5,338 $419,821 $0 $0
2016 $5,363 $472,300 $123,100 $349,200
2015 $5,459 $475,200 $117,700 $357,500
2014 $5,440 $399,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4566850

Stellar MLS

APN: 0150-16-0011