NOT LISTED FOR SALE

14425 Masthead Dr Osprey, FL 34229

Estimated Value: $1,406,000 - $3,454,000

0.45 Acre
$5,322,020 Price per Acre
19,602 Sq Ft Lot

Last Sold March 22, 2019

Last sale price $500,000

Est. 379% increase in value since last sale

Current estimated payment $14,753/month

532 Days on Market

Highlights

  • 76 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Laurel Nokomis School Rated A-
  • Boat Dock
  • Boat Slip Deeded

About This Lot

As of March 2019

Welcome to the gated community of Bayside in Osprey. This is the last of the bayfront lots, so now is the time to take advantage of this ready-to-build opportunity, offering amazing views of the Bay and exclusive Casey Key beyond. Boating, canoeing, kayaking and fishing are at your fingertips and the beach is not far away. Sewer and utilities are right there for connection and you can use the builder of your choice, subject only to architectural review. This property is part of the Taylor Morrison community of Bayside, which is gated and includes lawn maintenance. This lot comes with access to the dock, a private boat slip and is one of only seven platted Bayfront lots in the subdivision. The elevation is approximately 11 feet at the road. Take advantage of this unique opportunity to build the home of your dreams with amazing water and sunset views, a unique 50-foot watercourse setback, deeded boat slip, utility access and the flexibility to use the architect and/or builder of your choice. Several builders are active and familiar with the lots. Ask a listing agent for details. This is Lot 32.

Last Agent to Sell the Property

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 08/14/2017

DOUGLAS ELLIMAN

Last Buyer's Agent

Tom Sponaugle

RE/MAX PALM REALTY OF VENICE License #618120

RE/MAX PALM REALTY OF VENICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,015

Lot Details

  • 0.45 Acre Lot
  • 76 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Well Sprinkler System

HOA Fees

  • $391 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Schools

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

Additional Features

  • In Flood Plain
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 32 / 1
  • Assessor Parcel Number 0148150042

Community Details

Overview

  • Bayside Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Slip Deeded

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$6,015

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19807
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.83472
  • Price per Sq Ft: 25.24
  • Close to Original List Price Ratio: 0.71531
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: East
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Fishing Pier
  • Water View Y N: Yes
  • Front Footage: 76
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0236F
  • Waterfront Frontage: 76
  • Water Frontage Feet I C W: 38
  • Water Frontage Feet Bay Harbor: 38
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Sprinkler Well
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Water Access
  • Association Amenities: Boat Dock, Gated, Maintenance
  • Association Fee: 1174
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Fee: 391.33

Schools

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

Lot Info

  • Parcel Number: 0148150042
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Plain, In County, Room For Pool, Sidewalk
  • Lot Dimensions: -
  • Price Per Acre: 1111111
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 6015
  • Tax Block: 1
  • Tax Book Number: 49-41,
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Mar 22, 2019
Sold by
Taylor Morrison Of Florida Inc
Bought by
Eshelman Kurt Ashworth and Ferrier Cinda Dawn
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Tom Sponaugle
RE/MAX PALM REALTY OF VENICE
List Price
$699,000
Sold Price
$500,000
Premium/Discount to List
-$199,000
-28.47%
Current Estimated Value
$2,394,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,894,909
Avg. Annual Appreciation
25.82%
Original Mortgage
$375,000
Outstanding Balance
$334,649
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,060,260
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eshelman Kurt Ashworth $500,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eshelman Kurt Ashworth $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $500,000 -16.5% --
01/29/2019 01/29/19 Pending -- -- --
03/23/2018 03/23/18 Price Changed $599,000 -14.3% --
03/20/2018 03/20/18 For Sale $699,000 +39.8% --
03/14/2018 03/14/18 Off Market $500,000 -- --
02/15/2018 02/15/18 For Sale $699,000 +39.8% --
02/14/2018 02/14/18 Off Market $500,000 -- --
08/14/2017 08/14/17 For Sale $699,000 -- --
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
2025 $22,069 $1,934,581 -- --
2024 $21,497 $1,880,059 -- --
2023 $21,497 $1,825,300 $815,700 $1,009,600
2022 $7,239 $734,100 $734,100 $0
2021 $5,442 $448,600 $448,600 $0
2020 $4,981 $395,600 $395,600 $0
2019 $5,641 $450,100 $450,100 $0
2018 $6,006 $478,200 $478,200 $0
2017 $6,015 $470,500 $470,500 $0
2016 $7,161 $549,900 $549,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4193972

Stellar MLS

APN: 0148-15-0042