NOT LISTED FOR SALE

147 Lookout Point Dr Osprey, FL 34229

Estimated Value: $858,613 - $1,144,000

3 Beds
2 Baths
2,173 Sq Ft
$467/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $330,000 $152 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $6,102/month

158 Days on Market

Highlights

  • Marina
  • Community Boat Dock
  • Fitness Center
  • Laurel Nokomis School Rated A-
  • Access To Intracoastal Waterway
  • Fishing

About This Home

As of November 2019

INVESTOR ALERT! If you are looking for a home to fix up, this is one of the best opportunities with excellent potential for appreciation in desirable Southbay Yacht and Racquet Club, a special waterfront community of 360 homes with its own marina. Home has major deferred maintenance and is priced accordingly. Separate living room, dining room and generous family room with wood burning fireplace, wet-bar and built-in shelves. Ceramic tile and wood floors throughout, crown molding and beamed ceilings are just some of the other features. The large lanai and extended screened deck offer the perfect place for entertaining in your own private oasis for year round enjoyment. On an elevated, low-maintenance lot a large circular driveway leads to 2 car garage with storage closets. Home has been re-piped; AC 2013. Boaters will love the proximity to the deep-water marina with 172 boat slips available as rentals to property owners only at reasonable rates. Southbay also offers a wide range of activities. The clubhouse, with its sweeping views of the intracoastal waterway, features a ballroom, kitchen, fitness center as well as numerous social events. Waterfront community pool and spa, tennis and pickleball courts, kayak ramp, playground, and walking trails for the active “you”! Southbay is located close to beaches, golf courses, medical facilities and much more! ALL OFFERS CONSIDERED. POSSIBLE SHORT-TERM SELLER FINANCING UNDER CERTAIN CONDITIONS.

Last Agent to Sell the Property

Carolyn Donnelly

COLDWELL BANKER REALTY License #0360540 Listed on: 05/17/2019

COLDWELL BANKER REALTY

Co-Listed By

Barbara Gahry

COLDWELL BANKER SARASOTA CENT. License #3064281

Last Buyer's Agent

Christina Burns

EXIT KING REALTY License #3282799

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1980

Lot Details

  • 10,120 Sq Ft Lot
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Elevated Home
  • Fixer Upper
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • Fishing Pier
  • No Fixed Bridges
  • Property is near a marina
  • First Come-First Served Dock
  • Dock Does Not Have A Water Supply
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, manager, recreational facilities
  • Southbay Hoa/Toni Michel Association, Phone Number (941) 966-4237
  • Visit Association Website
  • Southbay Yacht & Racquet Club Community
  • Southbay Yacht & Racquet Club Subdivision
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Boat Dock
  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1980

Lot Details

10,120 Sq Ft Lot

HOA Fees

$120 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2173
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3040
  • Lot Size Sq Ft: 10120
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435797&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435797&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94286
  • Price per Sq Ft: 151.86
  • Close to Original List Price Ratio: 0.73333
  • Ratio: Current Price\Building Area Total: 108.55
  • View: Yes
  • Co List Office Mls Id: 231502433
  • Co List Office Phone: 941-383-6411
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Room Count: 7
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip 1st Come, Dock w/Electric, Dock w/o Water Supply, Fishing Pier, Sailboat Water
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Additional Water Information: Association manager is responsible for assigning and renting all slips. One time transfer fee of $150 charged for each new boat, in addition to quarterly rental fee.
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Boat Dock, Fence Restrictions, Fitness Center, Marina, Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 360
  • Association Fee Frequency: Quarterly
  • Association Name: Southbay HOA/Toni Michel
  • Phone: 941-966-4237
  • Association: Yes
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.southbaycommunity.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1440
  • Monthly HOA Fee: 120
  • Total Monthly Fees: 120

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158080011
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Marina, Near Public Transit
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Submit application to Association manager for approval.
  • Num Timesper Year: 2
  • Pet Restrictions: Pets must be leashed.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Association documents for additional information.

Tax Info

  • Tax Annual Amount: 2937
  • Tax Lot: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2008
Sold by
Sebastian Lisa A
Bought by
Christian Elson and Christian Erin
Current Estimated Value
$1,014,153

Purchase Details

Closed on
Oct 29, 1999
Sold by
1163254 Ontario Inc
Bought by
Sebastian Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.81%

Purchase Details

Closed on
Feb 9, 1996
Sold by
Biddle Patricia Kelley and Kilborn Patricia K
Bought by
1163254 Ontario Inc
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
Christian Elson $370,000 Americo Title Company Llc
Sebastian Lisa A $242,500 --
1163254 Ontario Inc $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sebastian Lisa A $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $330,000 -5.7% $152 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $350,000 0.0% $161 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $350,000 -6.7% $161 / Sq Ft
09/07/2019 09/07/19 For Sale $375,000 0.0% $173 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
07/13/2019 07/13/19 Price Changed $375,000 -6.0% $173 / Sq Ft
06/08/2019 06/08/19 Price Changed $399,000 -6.1% $184 / Sq Ft
05/28/2019 05/28/19 Price Changed $425,000 -5.6% $196 / Sq Ft
05/17/2019 05/17/19 For Sale $450,000 -- $207 / Sq Ft
Source: Stellar MLS

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 $8,456 $713,758 -- --
2024 $7,678 $623,598 -- --
2023 $7,678 $684,500 $288,500 $396,000
2022 $7,307 $656,100 $272,200 $383,900
2021 $5,756 $446,700 $174,300 $272,400
2020 $4,701 $353,000 $155,300 $197,700
2019 $4,744 $364,100 $155,300 $208,800
2018 $2,937 $252,095 $0 $0
2017 $2,922 $246,910 $0 $0
2016 $2,912 $267,800 $106,700 $161,100
2015 $2,965 $257,800 $105,600 $152,200
2014 $2,952 $234,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4435797

Stellar MLS

APN: 0158-08-0011

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