NOT LISTED FOR SALE

Edgewater at Hidden Bay 232 Hidden Bay Dr Unit 501 Osprey, FL 34229

Estimated Value: $610,000 - $689,524

3 Beds
3 Baths
2,000 Sq Ft
$788/mo HOA Fee

Last Sold March 25, 2020

Last sale price $430,000 $215 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,699/month

95 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Fitness Center
  • Laurel Nokomis School Rated A-
  • Fishing Pier
  • Fishing

About This Home

As of March 2020

Cheerful, bright and open 5th floor end unit overlooking the IntraCoastal Waterway with beautiful water views! TWO 2 stall garages, 3 bedrooms, all en-suite. The master is adjoined to the lanai with a slider and also features two walk-in closets, two linen closets, walk in shower, separate garden whirlpool tub, two separate vanities, and a water closet. The kitchen delights with granite coutertops, under cabinet lighting, stainless steel appliances, two breakfast bars and abundance of cabinet storage. This unit has been professionally painted and cleaned for you: Move in and enjoy this winter in beautiful sunny weather! Minutes from Gulf beaches-about 8 miles from Siesta Key (voted America's #1 beach), downtown Sarasota, Venice Island and all the attractions that will enhance your life. Hidden Bay is a popular community well enjoyed with tennis courts, fitness center, pool, spa, fishing pier and non-motor water sports such as kayaking and paddleboards.

Last Agent to Sell the Property

Deanna Kennedy

MICHAEL SAUNDERS & COMPANY License #3278947 Listed on: 11/14/2019

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Laura Rodriguez

COLDWELL BANKER REALTY License #3310169

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Southeast Facing Home

HOA Fees

  • $788 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Security Gate

Kitchen

  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, private road, recreational facilities, security
  • Pinnacle Property Management Steve Association, Phone Number (941) 444-7090
  • Hidden Bay Estates Community
  • Hidden Bay Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets up to 40 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,700

Year Built

Built in 2001

Lot Details

0.98 Acres

HOA Fees

$788 per month

Parking

4

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2000
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2210
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4451541?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4451541?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.95577
  • Price per Sq Ft: 215
  • Close to Original List Price Ratio: 0.78196
  • Ratio: Current Price\Building Area Total: 194.57
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 6
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Hurricane Shutters, Sliding Doors
  • Roof: Other
  • Pool Private: No
  • View: Water
  • Water Body Name: Sarasota Bay/Icw
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Oversized, Under Building
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community, Pool, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Spa/Hot Tub, Tennis Court(s)
  • Association Name: Pinnacle Property Management - Steve
  • Phone: 941-444-7090
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: No
  • Condo Fees: 2364
  • Condo Fees Term: Quarterly
  • Association Email: Steve@pinnaclecam.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 788
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 9456
  • Total Monthly Fees: 788

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0147062209
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Size Limit, Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: 1-2 Years
  • Approval Process: Application to Association
  • Num Timesper Year: 1
  • Pet Restrictions: 1 pet, maximum 40 lbs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 3699.68
  • Tax Book Number: 32-8
  • Tax Lot: 501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Mar 20, 2020
Sold by
Malmfeldt Paul and Helfers Sarah
Bought by
Malmfeldt Peggy L and Malmfeldt William
Seller's Agent
Deanna Kennedy
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Laura Rodriguez
COLDWELL BANKER REALTY
List Price
$549,900
Sold Price
$430,000
Premium/Discount to List
-$119,900
-21.8%
Current Estimated Value
$657,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,881
Avg. Annual Appreciation
7.47%
Original Mortgage
$255,000
Outstanding Balance
$222,609
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$435,272

Purchase Details

Closed on
Aug 3, 2011
Sold by
Denton Terry J and The Terry J Denton Declaration
Bought by
Malmfeldt James P and Malmfeldt Marcia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malmfeldt Peggy L $430,000 Attorney
Malmfeldt James P $334,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malmfeldt Peggy L $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $430,000 -4.4% $215 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $449,900 -3.2% $225 / Sq Ft
01/03/2020 01/03/20 Price Changed $464,900 -6.5% $232 / Sq Ft
12/10/2019 12/10/19 Price Changed $497,000 -9.6% $249 / Sq Ft
11/14/2019 11/14/19 For Sale $549,900 -- $275 / 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 $6,261 $541,292 -- --
2024 $6,042 $526,037 -- --
2023 $6,042 $510,716 $0 $0
2022 $5,493 $460,307 $0 $0
2021 $5,507 $446,900 $0 $446,900
2020 $3,829 $304,011 $0 $0
2019 $3,700 $297,176 $0 $0
2018 $3,615 $291,635 $0 $0
2017 $3,598 $285,637 $0 $0
2016 $3,609 $333,500 $0 $333,500
2015 $3,671 $324,700 $0 $324,700
2014 $3,657 $271,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4451541

Stellar MLS

APN: 0147-06-2209

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