NOT LISTED FOR SALE

1780 Island Way Osprey, FL 34229

Estimated Value: $1,836,896

4 Beds
2.5 Baths
4,361 Sq Ft
$421/Sq Ft Est. Value

Last Sold November 01, 2013

Last sale price $850,000 $195 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,939/month

730 Days on Market

Highlights

  • Boat Ramp
  • Deeded Boat Dock
  • Heated Indoor Pool
  • Laurel Nokomis School Rated A-
  • Boat Lift
  • Gated Community

About This Home

As of November 2013

WONDERFUL UPDATED WATERFRONT HOME NOW PRICED AT 2013 APPRAISED VALUE. Spectacular waterfront home in gated South Creek, w/direct access and no bridges to the Intracoastal Waterway. Professionally designed, built & remodeled by renowned architect Clifford Scholz, Ehrlich Interiors, & Sarasota's Premier Home Builder, Perrone Construction, this 4,361 sf. luxurious home combines extraordinary space, superior craftsmanship, & top-of-the-line finishes. The gourmet kitchen features custom wood cabinetry, gorgeous European granite counters, & stainless appliances including Gaggenau range w/steamer, Sub Zero refrigerator, Bosch dishwasher, built-in Miele Coffee System. Family room w/built-in entertainment center by Advanced Audio Consultants & gas fireplace. Amazing master suite w/gas fireplace, private deck, & sumptuous master bath with jetted tub & marble shower w/multiple rain shower heads. 3 additional bedrooms, living room w/fireplace, & office/exercise room. Plus custom designer lighting, plantation wood shutters, 2007 tile roof, Kohler generator, hurricane shutters, circular driveway. Enjoy the heated lap pool/spa & lanai, lushly landscaped grounds, & cruise from your private boat dock w/lift, davit for smaller watercraft, & kayak storage. South Creek isa gated community w/tennis, basketball court, playground & community dock, conveniently located minutes to Sarasota & Pine View School. The ultimate Florida lifestyle can be yours today!

Last Agent to Sell the Property

Lenore Treiman

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-966-8000 License #0511583 Listed on: 10/03/2011

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Robin Bowman

License #3150788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,220

Year Built

  • Built in 1991

Lot Details

  • 0.37 Acre Lot
  • Property fronts a saltwater canal
  • East Facing Home
  • Private Lot
  • Well Sprinkler System
  • Property is zoned RSF2

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,361 Sq Ft Home
  • Bar Fridge
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Canal Views

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Sweep

Outdoor Features

  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Deeded Boat Dock

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 0158090011

Community Details

Overview

  • South Creek Community
  • South Creek Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,220

Year Built

Built in 1991

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4361
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 5359
  • Lot Size Sq Ft: 16045
  • Directions to Property: US 41 TO OSPREY, RIGHT ON NORTH LANE INTO SOUTH CREEK, 1ST LEFT ON ISLAND WAY.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 194.91
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp
  • Attribution Contact: 941-966-8000
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Primary Bedroom, Other
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Skylight(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Window Treatments
  • Street Number Modifier: 1780
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Foyer,Inside Utility,Storage Rooms
  • Living Area Meters: 405.15
  • Room Count: 12

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, Indoor, Pool Sweep, Salt Water, Screen Enclosure
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SOUTH CREEK
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Lift
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Oversized, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sprinkler Well
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Tennis Court(s)
  • Association Fee: 675
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 675.00
  • Total Monthly Fees: 56.25

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158090011
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Private
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-11-01T00:00:00.000

Tax Info

  • Tax Annual Amount: 8220
  • Tax Book Number: 0025/0015
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2011
Closed on
Nov 1, 2013
Sold by
Ehrlich Jesse B and Ehrlich Nancie H
Bought by
Otchet Matthew I and Otchet Katrina
Seller's Agent
Lenore Treiman
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Robin Bowman
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%
Current Estimated Value
$1,836,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$986,896
Avg. Annual Appreciation
6.64%
Original Mortgage
$600,000
Outstanding Balance
$449,219
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$1,387,677
Source: Public Records

Range of Values:

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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
Otchet Matthew I $850,000 Cornerstone Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otchet Matthew I $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2013 11/01/13 Sold $850,000 0.0% $195 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
09/26/2013 09/26/13 Off Market $850,000 -- --
03/11/2013 03/11/13 Price Changed $900,000 -5.2% $206 / Sq Ft
10/03/2011 10/03/11 For Sale $949,000 -- $218 / 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 $14,986 $1,047,380 -- --
2023 $14,986 $1,016,874 $0 $0
2022 $14,827 $987,256 $0 $0
2021 $14,747 $958,501 $0 $0
2020 $13,794 $862,200 $0 $0
2019 $13,484 $842,815 $0 $0
2018 $13,289 $827,100 $319,200 $507,900
2017 $13,396 $821,429 $0 $0
2016 $13,378 $936,500 $354,200 $582,300
2015 $10,430 $911,800 $354,200 $557,600
2014 $10,394 $778,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lenore Treiman

    Seller's Agent in 2013

    Lenore Treiman

    Michael Saunders

    (941) 356-9642

    2 in this area

    143 Total Sales

    Lenore Treiman
    Section Image

  • R

    Buyer's Agent in 2013

    Robin Bowman

    Section Image
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Map

Source: Stellar MLS

MLS Number: A3949557

Stellar MLS

APN: 0158-09-0011

Florida Sarasota County Osprey 34229

1780 Island Way, Osprey, FL

This home is located at 1780 Island Way, Osprey, FL 34229 since 03 October 2011 and is currently priced at $1,836,896, approximately $421 per square foot. This property was built in 1991. 1780 Island Way is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and European Academy of Early Education.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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