$300,000
SOLD JUN 14, 2019

385 N Point Rd Unit 502 Osprey, FL 34229

Vamo Neighborhood
3 Beds
3 Baths
2,055 Sq Ft
$867/mo HOA Fee

Recently Sold

$146 Per Sq Ft

9% Below List Price

195 Days on Market

Highlights

  • 100 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Riverview High School Rated A
  • Golf Course Community
  • Spa

About This Home

As of June 2019

PRICE DECREASE on this BEAUTIFUL FURNISHED CONDOMINIUM at The Oaks Club! Breathtaking views are plentiful from this 3-bedroom, 3-bath luxury condo! From the safeguarded entry gates to your private elevator, you'll enjoy beautifully manicured landscapes surrounded by preserve. This 5th floor unit boasts a large screened balcony and provides the ideal venue for relaxation, quiet reading or enjoying sunset cocktails with friends. Imagine being able to enjoy painted sunsets with endless preserve views right from your balcony or the west-facing master bedroom. You'll also have peace of mind with the protection of electric hurricane shutters and large sliding glass doors. The Oaks Club was awarded the Distinguished Emerald Club of the World Designation Award for Excellence in Member Experiences and offers a wide variety of dining options and social activities. Meridian residents have access to their own pool, spa and workout room, as well as being able to take advantage of all the offerings of The Oaks Clubside: two championship golf courses, 12 HAR TRU tennis courts, a new state-of-the art fitness center, junior Olympic community pool and more. Club membership is required. If a carefree Florida lifestyle, in a maintenance-free, fully furnished luxury condo is right for you, the perfect opportunity is just an inquiry away.

Last Agent to Sell the Property

John Norwood, Jr.

FLORIDA GULF COAST REAL ESTATE LLC License #3312222 Listed on: 09/29/2018

Co-Listed By

Lita Sciturro Smith

LITA SCITURRO-SMITH LIC. REAL ESTATE BROKER License #3307505

Last Buyer's Agent

Ryndie Brusco

MICHAEL SAUNDERS & COMPANY License #3225568

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 2000

Lot Details

  • 100 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $867 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,055 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • 1 Carport Space

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Enclosed patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, recreational facilities, security, sewer, trash, water
  • $222 Other Monthly Fees
  • The Oaks Membership Office Association, Phone Number (941) 966-5414
  • Mid-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,779

Year Built

Built in 2000

Lot Details

0

HOA Fees

$867 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2055
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 2250
  • Directions to Property: US41/Tamiami Trail to Oaks Preserve entrance/N Point Rd. West through gate, follow N Point to Building 385 on left, Left side entrance into lobby, 5th floor
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4414776&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4414776&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Subdivision Num: 8206
  • Other Fees Amount: 665
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.91185
  • Price per Sq Ft: 145.99
  • Close to Original List Price Ratio: 0.75949
  • Ratio: Current Price\Building Area Total: 133.33
  • View: Yes
  • Co List Office Mls Id: 281530512
  • Co List Office Phone: 941-350-5715
  • Ownership: Condominium
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds
  • Street Number Modifier: 385
  • Room Count: 7
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Exterior Features: Balcony, Hurricane Shutters, Other, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Catfish Creek, Little Sarasota
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Waterfront Frontage: 100
  • Water Frontage Feet Bay Harbor: 100
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Golf, Pool, Tennis Courts
  • Association Fee: 2600
  • Association Fee Frequency: Quarterly
  • Association Name: The Oaks Membership Office
  • Phone: 941-966-5414
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 13060
  • Monthly HOA Fee: 866.67
  • Total Monthly Fees: 1088.33

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051010
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Millage Rate: 12.65
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 3 Months
  • Approval Process: Submit to Lighthouse Property Management (941) 460-5560
  • Num Timesper Year: 2
  • Pet Restrictions: Two Small pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application, Board and HOA Approval

Tax Info

  • Tax Annual Amount: 3779
  • Tax Lot: 502

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
$670,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,052
Avg. Annual Appreciation
12.82%

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

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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 Type Sale Price Title Company
Warranty Deed $300,000 Attorney
Warranty Deed $230,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 Credit Line Revolving
Previous Owner $545,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $443,000 Unknown
Previous Owner $276,500 No Value Available
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: A4414776

Stellar MLS

APN: 0133-05-1010