NOT LISTED FOR SALE

1762 Island Way Osprey, FL 34229

Estimated Value: $990,000 - $1,172,000

3 Beds
3 Baths
2,462 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $1,100,000 $447 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,401/month

11 Days on Market

Highlights

  • Boat Dock
  • Access To Creek
  • Screened Pool
  • Laurel Nokomis School Rated A-
  • Boat Lift
  • Fishing

About This Home

As of September 2023

Welcome to a waterfront paradise nestled in the highly coveted South Creek neighborhood of Osprey. Prepare to be captivated as you step onto this exceptional property boasting over 100 feet of mesmerizing water frontage. As you approach this pristine haven, the curb appeal alone is enough to leave you in awe. A charming 5V metal roof crowns the home, beautifully complemented by Hardie board siding that exudes a timeless elegance. Stroll along the brick paver sidewalks that lead you to the enchanting entrance, surrounded by lush, meticulously crafted landscaping that adds a peaceful touch to your surroundings. Meander down the shell-covered serenity path. But the true marvel awaits you as you venture out to the rear of the property. Behold the enchanting outdoor dining space and inviting, heated pool and spa, a private oasis that's every water enthusiast's dream come true! Your very own dock, lift and kayak launch provide seamless access to the glistening canal, beckoning you to embark on unforgettable aquatic adventures. There’s even a fish cleaning station for your trophy catch! Whether it's kayaking in the early morning light or motoring to explore the endless wonders of the water, this sanctuary has you covered. Step into the realm of seamless entertainment, both indoors and outdoors, as this exceptional home unveils a perfect layout designed to enchant your guests. The heart of the home, an open kitchen, beckons with its irresistible charm, boasting multiple eating areas and abundant storage to cater to your every culinary desire. Inside, the kitchen becomes a culinary oasis, where creativity knows no bounds. Your inner chef will revel in the expansive space, inviting gatherings around the central hub. The thoughtful design ensures every guest feels included, fostering lively conversations and delightful moments that linger in memory. And there's more to discover! Across the way, the community tennis and pickleball courts await, inviting friendly matches and camaraderie among neighbors. The community itself is nestled behind secure gates, providing a sense of exclusivity and peace of mind. Besides tennis and pickleball, the South Creek neighborhood offers an array of amenities to elevate your lifestyle further. Take advantage of the basketball court to hone your skills or invite friends to visit by boat to the day dock for a calming respite by the water's edge. Children will enjoy the playground as well. Indulge in the unparalleled lifestyle this home offers, where the serenity of waterfront living meets the practicality of modern comforts. From the tranquil canal to the abundant amenities, this residence is a testament to true coastal bliss. Embrace the dream of calling this South Creek gem your own, where every day beckons a new adventure in a water lover's paradise.

Last Agent to Sell the Property

Roberta Tengerdy, PA

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3110050 Listed on: 07/21/2023

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Maria Balaz

EXIT KING REALTY License #0137806

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,622

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Property fronts a canal with brackish water
  • East Facing Home
  • Mature Landscaping
  • Private Lot
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Canal
  • Garden
  • Pool
  • Tennis Court

Home Design

  • Coastal Architecture
  • Florida Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 2,462 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Basement with some natural light

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Access To Creek
  • Property is near a marina
  • Access to Brackish Canal
  • Dock has access to water
  • Minimum Wake Zone
  • Boat Lift
  • Dock made with Composite Material
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near public transit
  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, ground maintenance, maintenance, private road, recreational facilities
  • Pinnacle Community Association
  • South Creek Community
  • South Creek Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fishing
  • Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,622

Year Built

Built in 1988

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Maintenance Grounds, Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Coastal, Florida
  • Construction Materials: HardiPlank Type, Wood Frame
  • Fireplace: Yes
  • Living Area: 2462
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2462
  • Lot Size Sq Ft: 14980
  • Number Of Lots: 1
  • Directions to Property: US 41 in Osprey to North Lane. Turn West on North Lane and follow into South Creek. Gates are open during the daytime hours. First Left is Island Way. Home on the right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 446.79
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, L Dining, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1762
  • Has Basement: Exterior Entry, Partial
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 228.73
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Shower, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Garden, Pool, Tennis Court, Water
  • Water Body Name: SOUTH CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Brackish,Creek
  • Water Extras: Dock - Composite,Dock w/Electric,Dock w/Water Supply,Lift,Minimum Wake Zone
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0236F
  • Additional Water Information: South Creek which feeds into Dryman Bay to the north and Blackburn Bay to the south @ 3 miles to the Venice jetties/inlet. Close to Casey Key beach

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, Garage Door Opener, Ground Level, Guest, Oversized

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community - Guard, Park, Playground, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Dock, Gated, Pickleball Court(s), Playground, Tennis Court(s)
  • Association Fee: 395
  • Association Fee Frequency: Quarterly
  • Association Name: Pinnacle Community Association
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1580.00
  • Total Monthly Fees: 131.67
  • Monthly HOA Amount: 131.67

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158090012
  • Additional Parcels: No
  • Lot Features: Landscaped, Near Golf Course, Near Marina, Near Public Transit, Private, Paved
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 1392
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Verify with HOA

Tax Info

  • Tax Annual Amount: 6622
  • Tax Book Number: 25-15
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 11, 2023
Sold by
Didonna Gary A and Galipeau Lynne A
Bought by
Balaz Richard P
Seller's Agent
Roberta Tengerdy, PA
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Maria Balaz
EXIT KING REALTY
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
28
Current Estimated Value
$1,047,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,151
Avg. Annual Appreciation
-2.46%

Purchase Details

Closed on
Feb 12, 2016
Sold by
Heine William C and Heine Linda K
Bought by
Didonna Gary A and Galipeau Lynne A

Purchase Details

Listed on
Feb 17, 2014
Closed on
Sep 15, 2014
Sold by
Corbridge C Kelley and Corbridge Gina O
Bought by
Heine William C and Heine Linda K
Seller's Agent
Melissa Caldwell
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Maureen Horn
MICHAEL SAUNDERS & COMPANY
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
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
Balaz Richard P $1,100,000 None Listed On Document
Didonna Gary A $675,000 Attorney
Heine William C $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galipeau Lynn A $138,500
Previous Owner Corbridge C Kelley $200,000
Previous Owner Corbridge C Kelly $100,000
Previous Owner Corbridge C Kelly $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $1,100,000 -12.0% $447 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $1,250,000 +92.3% $508 / Sq Ft
09/15/2014 09/15/14 Sold $650,000 -7.0% $264 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $699,000 -- $284 / 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 $6,712 $674,307 -- --
2023 $6,712 $579,620 $0 $0
2022 $6,622 $562,738 $0 $0
2021 $6,578 $546,348 $0 $0
2020 $6,616 $538,805 $0 $0
2019 $9,555 $526,691 $0 $0
2018 $9,423 $516,870 $0 $0
2017 $9,398 $506,239 $0 $0
2016 $11,187 $599,500 $304,100 $295,400
2015 $8,268 $600,800 $304,100 $296,700
2014 $4,781 $366,668 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577206

Stellar MLS

APN: 0158-09-0012