NOT LISTED FOR SALE

385 N Point Rd Unit 502 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $550,000 - $687,000

3 Beds
3 Baths
2,055 Sq Ft
2.41 Acres

Last Sold June 14, 2019

Last sale price $300,000 $146 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,734/month

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Gated Community
  • Riverview High School Rated A
  • Fitness Center
  • Community Pool

About This Home

As of March 2020

LUXURY TURNKEY FURNISHED CONDOMINIUM AT MERIDIAN - THE OAKS PRESERVE.
This 5th floor unit boasts a large screened-in balcony facing west, with breathtaking water views. All kitchen appliances are new. Master bedroom furniture as well as den furniture new as well. From the safeguarded entry gates to your private elevator, you'll enjoy beautifully manicured landscapes surrounded by preserve. Meridian residents have access to their own pool, spa and fitness room. Lease includes all utilities as well as TV/Internet and telephone.

Last Agent to Rent the Property

Sabine Spycher

342 REAL ESTATE License #3336803 Listed on: 06/28/2019

Last Renter's Agent

Sabine Spycher

342 REAL ESTATE License #3336803 Listed on: 06/28/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 2000

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • 2,055 Sq Ft Home
  • Turnkey

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Pine View Elementary And Middle School
  • Pine View High School

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Property Available on 6/28/19
  • Tenant pays for cleaning fee
  • The owner pays for cable TV, electricity, grounds care, internet, pest control, pool maintenance, recreational, security, sewer, trash collection, water
  • Long Term Lease
  • Assessor Parcel Number 0133051010

Community Details

Overview

  • Property has a Home Owners Association
  • Lighthouse Association
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,301

Year Built

Built in 2000

Lot Details

0

Parking

1

Rental Info

  • Furnished: Turnkey
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Lease Fee: 150
  • Long Term Y N: Yes
  • Minimum Lease: 3 Months
  • Seasonal Rent: 5000
  • Available Date: 2019-06-28

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Living Area: 2055
  • New Construction: No
  • Year Built: 2000
  • Owner Pays: Cable TV, Electricity, Grounds Care, Internet, Pest Control, Pool Maintenance, Recreational, Security, Sewer, Trash Collection, Water
  • Tenant Pays: Cleaning Fee
  • Directions to Property: US41 to The Oaks Preserve gate. Follow North Point Road to building 385 on left. Left side entrance into lobby. 5th floor.
  • Status: Leased
  • Street Direction: N
  • Floor Number: 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.16667
  • Price per Sq Ft: 1.7
  • Close to Original List Price Ratio: 1.16667
  • View: Yes
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, Elevator
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 385
  • Room Count: 10

Exterior Features

  • Exterior Features: Balcony
  • Pool Private: No
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • 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
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Sidewalk
  • Association Name: Lighthouse
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Pine View School
  • High School: Pine View School
  • Middle Or Junior School: Pine View School

Lot Info

  • Parcel Number: 0133051010
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2018
Closed on
Jun 14, 2019
Sold by
The Sam M Sciturro Trust
Bought by
Mcp Meridian Llc
Seller's Agent
John Norwood, Jr.
FLORIDA GULF COAST REAL ESTATE LLC
Buyer's Agent
Ryndie Brusco
MICHAEL SAUNDERS & COMPANY
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Current Estimated Value
$623,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,441
Avg. Annual Appreciation
12.54%

Purchase Details

Listed on
May 22, 2012
Closed on
Jan 31, 2013
Sold by
Smith Alan Lamont and Smith Vivienne Vilardi
Bought by
Sciturro Sam M and Sam M Sciturro Trust
Seller's Agent
Bernard Russell
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Bernard Russell
LIMBO COMPANY SARASOTA ASSOC
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Aug 10, 2007
Sold by
Smith Alan Lamont and Smith Vivienne Vilardi
Bought by
Smith Alan Lamont and Smith Vivienne Vilardi

Purchase Details

Closed on
Jun 30, 2000
Sold by
Oak Meridian Ltd
Bought by
Smith Alan L and Smith Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
8.63%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mcp Meridian Llc $300,000 Attorney
Sciturro Sam M $230,000 Attorney
Smith Alan Lamont -- Attorney
Smith Alan L $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Alan L $135,000
Previous Owner Smith Alan L $545,000
Previous Owner Smith Alan L $50,000
Previous Owner Smith Alan L $443,000
Previous Owner Smith Alan L $276,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Rented $3,500 +16.7% --
06/28/2019 06/28/19 For Rent $3,000 0.0% --
06/14/2019 06/14/19 Sold $300,000 -8.8% $146 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $329,000 0.0% $160 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $329,000 -5.7% $160 / Sq Ft
12/10/2018 12/10/18 Price Changed $349,000 -11.6% $170 / Sq Ft
09/29/2018 09/29/18 For Sale $395,000 +71.7% $192 / Sq Ft
01/31/2013 01/31/13 Sold $230,000 -4.2% $112 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $240,000 -- $117 / 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 $5,301 $310,123 -- --
2023 $5,301 $512,800 $0 $512,800
2022 $4,569 $419,800 $0 $419,800
2021 $3,343 $233,000 $0 $233,000
2020 $3,421 $235,600 $0 $235,600
2019 $3,802 $269,800 $0 $269,800
2018 $3,937 $282,000 $0 $282,000
2017 $4,152 $294,000 $0 $294,000
2016 $4,246 $294,200 $0 $294,200
2015 $4,116 $276,700 $0 $276,700
2014 $3,894 $233,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4439893

Stellar MLS

APN: 0133-05-1010