NOT LISTED FOR SALE

385 N Point Rd Unit 401 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $715,000 - $1,297,000

3 Beds
3 Baths
2,594 Sq Ft
$245/mo HOA Fee

Last Sold January 24, 2014

Last sale price $580,000 $224 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,696/month

141 Days on Market

Highlights

  • White Water Ocean Views
  • Oak Trees
  • Deck
  • Riverview High School Rated A
  • Open Floorplan
  • Living Room with Fireplace

About This Home

As of January 2014

The prestige of the Oaks, the amenities of maintenance-free living and spectacular views that inspire, all of this and more can be found at this extraordinary Meridian Tower I residence. Simply stated, elegance resonates throughout this southwestern-facing fourth-floor condominium. Lavish finishes adorn each space, from cherry stained wood flooring flowing throughout the main living areas, corridors and kitchen to high-end cabinetry and custom built-in features. Upon exiting the elevator into the privateentry foyer, this inviting residence opens to sweeping water and preserve vistas and an abundance of natural light. A dramatic circular step ceiling defines the foyer space while leading into the expansive living room and open kitchen. Floor-to-ceiling windows give way to brilliant panoramic views only available from this idyllic location. Both the master suite and living space open to the screened balcony, extending the magnificent views and providing ample outdoor living space. This beautifully maintained residence comes complete with Hunter Douglas window coverings, custom entertainment center with electric fireplace, remote control operated storm shutters along the balcony enclosure, two assigned parking spaces in the covered garage and a storage unit(#3). Enjoy the Meridian pool and fitness center as well as the remarkable amenities of The Oaks. Membership at The Oaks is required.

Last Agent to Sell the Property

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 07/02/2013

DOUGLAS ELLIMAN

Last Buyer's Agent

Betty Mullinnix

LIMBO COMPANY SARASOTA ASSOC License #0391862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Oak Trees
  • Zero Lot Line

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Partial Bay or Harbor
  • Woods

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,594 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 0133051005

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Lighthouse Management Association
  • Mid-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • 10-Story Property

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Small pets allowed

Security

  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,625

Year Built

Built in 2000

Lot Details

0

HOA Fees

$245 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2594
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 2837
  • Directions to Property: Enter through the Oaks Preserve guard gate, stay straight as road winds to the back, left into Meridian Complex, 385 building is the farthest south (left).
  • Status: Sold
  • Street Direction: N
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 8206
  • Property Description: Corner Unit, End Unit, Mid Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.97479
  • Price per Sq Ft: 223.59
  • Close to Original List Price Ratio: 0.97479
  • Ratio: Current Price\Building Area Total: 204.44
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 385
  • Room Count: 8
  • Additional Rooms: Formal Dining Room Separate, Foyer, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods, Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Oversized, Secured, Underground
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 736
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking
  • Senior Community: No
  • Other Fees Term: Monthly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2944
  • Monthly HOA Fee: 245.33
  • Total Monthly Fees: 245.33

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051005
  • Additional Parcels: No
  • Lot Features: In County, Zero Lot Line
  • Millage Rate: 13.39
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Pet Restrictions: 0
  • Expected Lease Date: 2014-01-24T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3625
  • Tax Lot: 401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Jan 24, 2014
Sold by
Gleimann George
Bought by
Fisher Robert L
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Betty Mullinnix
LIMBO COMPANY SARASOTA ASSOC
List Price
$595,000
Sold Price
$580,000
Premium/Discount to List
-$15,000
-2.52%
Current Estimated Value
$979,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,115
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Aug 15, 2005
Sold by
Steves David A and Steves Pamela H
Bought by
Gleinmann George

Purchase Details

Closed on
May 26, 2005
Sold by
Steves David A and Steves Pamela H
Bought by
Gleimann George
Source: Public Records

Range of Values:

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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
Fisher Robert L $580,000 Attorney
Gleinmann George -- --
Gleimann George $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steves David A $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2014 01/24/14 Sold $580,000 -2.5% $224 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $595,000 +2.6% $229 / Sq Ft
11/02/2013 11/02/13 Off Market $580,000 -- --
07/02/2013 07/02/13 For Sale $595,000 -- $229 / 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 $3,359 $273,629 -- --
2023 $3,359 $265,659 $0 $0
2022 $3,214 $257,921 $0 $0
2021 $3,191 $250,409 $0 $0
2020 $3,189 $246,952 $0 $0
2019 $3,076 $241,400 $0 $241,400
2018 $4,876 $387,700 $0 $387,700
2017 $5,723 $448,201 $0 $0
2016 $5,735 $516,200 $0 $516,200
2015 $5,838 $485,500 $0 $485,500
2014 $5,610 $254,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3980672

Stellar MLS

APN: 0133-05-1005