NOT LISTED FOR SALE

271 Lookout Point Dr Osprey, FL 34229

Estimated Value: $2,340,000 - $3,983,000

3 Beds
3.5 Baths
4,160 Sq Ft
$790/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $900,000 $216 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $19,279/month

127 Days on Market

Highlights

  • White Water Ocean Views
  • Community Boat Slip
  • Deeded Boat Dock
  • Laurel Nokomis School Rated A-
  • Access To Intracoastal Waterway
  • Property Fronts a Bay or Harbor

About This Home

As of May 2013

This unique home on 1/2 acre of land offers spectacular, full bay views & dock with bench. Original home, built in 1978, features master suite with 2 walk-in closets, master bath w/bidet & jetted tub, a 2nd bedroom w/built-in shelves, den (that could be used as 3rd bedroom), very large kitchen, spacious dining room & a living room which opens out to a lanai. A 2 story addition (not visible from the front) was built in 1993 & has full master suite on 2nd level w 2 walk-in closets, wood flooring, jetted bath, bidet, large Roman shower & 2 sinks. Step out onto the balcony & enjoy panoramic views of Dryman Bay & Casey Key. First level, w/separate entrance, has a workshop or hobby room & an office. Extensive lush landscaping, including fruit trees, w/paver brick patio in back for enjoying the views. Main home has had some renovations. Double pane, thermal windows, marble floors, 2 new AC's in the main house (multi-zone AC), crown molding throughout . Spacious kitchen has granite counters, built in desk, breakfast bar, a wet bar w/a separate refrigerator and lots of cabinets. Large laundry room (a separate air conditioned room accessed from garage) includes washer & dryer and has space for an extra refrigerator and/or freezer. This home is being sold "as is" &has endless possibilities! Deep water marina is one-tenth of a mile from the house & has slips for larger boats including sail boats. Great opportunity to live on water-front in a popular community.

Last Agent to Sell the Property

Barbara Gahry

COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-966-8000 License #3064281 Listed on: 12/03/2012

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Tamara Currey

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3207646

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1978

Lot Details

  • 0.53 Acre Lot
  • Property Fronts a Bay or Harbor
  • Northeast Facing Home
  • Property is zoned RSF2

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,160 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Great Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Access To Intracoastal Waterway
  • 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
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 0158070009

Community Details

Overview

  • Southbay Yacht & Racquet Club Community
  • Southbay Yacht And Racquet Club Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,082

Year Built

Built in 1978

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 4160
  • Lot Size Acres: 0.53
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 6315
  • Lot Size Sq Ft: 23171
  • Directions to Property: US 41 to Southbay entrance, Southbay Dr. left on Harbor House, left on Lookout POint, to #271.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 216.35
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Boat Slip
  • Attribution Contact: 941-966-8000
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Open Floorplan, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Thermal Windows, Window Treatments
  • Street Number Modifier: 271
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Formal Dining Room Separate,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 386.48
  • Room Count: 7

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: DRYMAN BAY
  • Waterfront: Yes
  • Water Access: Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • 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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Fitness Center, Recreation Facilities, Tennis Court(s)
  • Association Fee: 357
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1428.00
  • Total Monthly Fees: 119.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158070009
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Paved
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-05-15T00:00:00.000

Tax Info

  • Tax Annual Amount: 7082
  • Tax Book Number: 0022/0027
  • Tax Lot: 302

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
May 15, 2013
Sold by
Wetstone Norden
Bought by
Lang Michael D and Lang Constance J
Seller's Agent
Barbara Gahry
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,299,000
Sold Price
$900,000
Premium/Discount to List
-$399,000
-30.72%
Current Estimated Value
$3,287,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,387,578
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Dec 27, 2007
Sold by
Wetstone Norden
Bought by
Wetstone Norden and Norden Wetstone Revocable Trust

Purchase Details

Closed on
Mar 30, 1999
Sold by
Wetstone Nancy C
Bought by
Wetstone Norden and Wetstone Nancy C
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
Lang Michael D $900,000 Attorney
Wetstone Norden -- Attorney
Wetstone Norden $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $900,000 -30.7% $216 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $1,299,000 -- $312 / 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 $23,018 $2,025,360 -- --
2023 $23,018 $1,966,369 $0 $0
2022 $22,564 $1,909,096 $0 $0
2021 $22,538 $1,853,491 $0 $0
2020 $22,721 $1,827,900 $670,500 $1,157,400
2019 $22,284 $1,801,900 $670,500 $1,131,400
2018 $23,331 $1,847,300 $714,200 $1,133,100
2017 $24,561 $1,911,700 $741,200 $1,170,500
2016 $24,375 $1,900,200 $705,500 $1,194,700
2015 $8,841 $711,700 $711,700 $0
2014 $6,989 $661,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3969657

Stellar MLS

APN: 0158-07-0009