NOT LISTED FOR SALE

238 Lookout Point Dr Osprey, FL 34229

Estimated Value: $867,490 - $920,000

3 Beds
2.5 Baths
2,676 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $375,000 $140 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,175/month

6 Days on Market

Highlights

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

About This Home

As of April 2018

Excellent value in popular Southbay Yacht & Racquet Club! Possibilities are endless in this 1980's contemporary home. Enter into a massive living room with a wall of windows leading to the backyard. This home boasts three large bedrooms, 2.5 baths, family room with wood burning fireplace, oversized side entry garage and a screened in lanai that wraps around the entire back and side of the home. House has been re-piped and has new AC in 2016. One of the best locations in the community as it is nearby the community marina where boat slips are available on a first come, first served basis. Wonderful amenities to include: clubhouse, heated community pool, lighted tennis courts, fitness room, playground and Lookout Point Park! Come see all this home has to offer and put your personal touches to make this your own special piece of paradise!

Last Agent to Sell the Property

Denise Mattmuller

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3134628 Listed on: 02/23/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Richard Schatz

TIDELINE REAL ESTATE BROKERS License #3242016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • Southwest Facing Home
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Custom Home
  • Contemporary Architecture
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 2,676 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Access To Marina
  • First Come-First Served Dock
  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include escrow reserves fund, manager, recreational facilities
  • Southbay 941 966 4237 Association
  • Southbay Yacht & Racquet Club Community
  • Southbay Yacht & Racquet Club Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing
  • Rental Restrictions

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • Marina
  • Waterfront Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,227

Year Built

Built in 1981

Lot Details

0.28 Acres

HOA Fees

$119 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed, Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2676
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 4224
  • Lot Size Sq Ft: 12000
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211455&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4211455&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93773
  • Price per Sq Ft: 140.13
  • Close to Original List Price Ratio: 0.93773
  • Ratio: Current Price\Building Area Total: 88.78
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Formal Living Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor, Intracoastal Waterway, Marina
  • Water Extras: Dock - Slip 1st Come, Sailboat Water
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0236F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Playground, Pool, Tennis Courts, Water Access, Waterfront Complex
  • Association Amenities: Boat Slip, Boat Dock, Fence Restrictions, Fitness Center, Marina, Optional Additional Fees, Playground, Recreation Facilities, Tennis Court(s)
  • Association Fee: 357
  • Association Fee Frequency: Quarterly
  • Association Name: Southbay 941-966-4237
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Boat slips are available to boat owners only for a reasonable quarterly fee. Please contact Association 941-966-4237 for availability and questions.
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1428
  • Monthly HOA Fee: 119
  • Total Monthly Fees: 119

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158080026
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants do not have permission to rent a boat slip, jet ski pads or kayak storage.

Tax Info

  • Tax Annual Amount: 3227
  • Tax Book Number: 22-27
  • Tax Lot: 268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2018
Closed on
Apr 13, 2018
Sold by
Staas Kevin G and The Maurice H Schultz And Doro
Bought by
Giacobbe Richard N and Giacobbe Wendy L
Seller's Agent
Denise Mattmuller
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Richard Schatz
TIDELINE REAL ESTATE BROKERS
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$887,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,290
Avg. Annual Appreciation
11.57%
Original Mortgage
$337,500
Outstanding Balance
$288,925
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$603,698

Purchase Details

Closed on
Aug 27, 2001
Sold by
Schultz Maurice H and Schultz Dorothy Mae
Bought by
Schultz Maurice H

Purchase Details

Closed on
Jan 31, 1996
Sold by
Schultz Maurice H and Schultz Dorothy Mae
Bought by
Schultz Maurice H and Schultz Dorothy Mae
Source: Public Records
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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
Giacobbe Richard N $375,000 Attorney
Schultz Maurice H -- --
Schultz Maurice H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giacobbe Richard N $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $375,000 -6.2% $140 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $399,900 -- $149 / 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 $5,264 $469,640 -- --
2024 $5,103 $456,404 -- --
2023 $5,103 $443,111 $0 $0
2022 $4,997 $430,205 $0 $0
2021 $4,806 $404,762 $0 $0
2020 $4,453 $368,996 $0 $0
2019 $4,303 $360,700 $165,600 $195,100
2018 $3,278 $280,016 $0 $0
2017 $3,227 $271,517 $0 $0
2016 $3,217 $339,000 $126,000 $213,000
2015 $3,275 $320,900 $126,000 $194,900
2014 $3,261 $258,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4211455

Stellar MLS

APN: 0158-08-0026

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