$570,000
SOLD MAR 15, 2013

385 N Point Rd Unit 601 Osprey, FL 34229

Vamo Neighborhood
3 Beds
3 Baths
2,594 Sq Ft
$1,062/mo HOA Fee

Recently Sold

$220 Per Sq Ft

5% Below List Price

108 Days on Market

Highlights

  • White Water Ocean Views
  • Golf Course Community
  • Fitness Center
  • Riverview High School Rated A
  • Property fronts an intracoastal waterway
  • Indoor Pool

About This Home

As of May 2023

Unsurpassed views abound from this sixth floor residence at the Meridian in The Oaks Preserve. Experience vistas that are only available from this southwestern facing end residence of Meridian Tower I showcasing the natural surroundings of North Creek, the gentle Bay waters and the Gulf of Mexico in the near distance. Recently renovated this exceptional home features: new cherry stained wood flooring, granite countertops, crown molding throughout, new interior colors, remote control operated hurricane shutters and solar film window protection. The residence also offers a private one-car garage as well as a secured assigned parking space and air conditioned storage area. With wrapping 180 degree views this condominium is light and bright taking full advantage of its private waterfront location. The Meridian offers residents the coveted lifestyle of The Oaks Preserve with the convenience of maintenance free condominium living. Surrounded by water, native landscape and captivating wildlife this tree housecombines simple elegance with Florida living. The Oaks Club offers members championship golf, tennis, heated pool, walking and biking paths, 24 hour security, social and dining options, while the Meridian Condominium provides residents access to their own clubhouse, heated pool/spa, fitness room and BBQ area. Enjoy endless amenities, mesmerizing views and the lavish lifestyle only offered at The Oaks.

Last Agent to Sell the Property

Joel Schemmel

DOUGLAS ELLIMAN License #3060476 Listed on: 10/15/2012

DOUGLAS ELLIMAN

Last Buyer's Agent

Betty Mullinnix

LIMBO COMPANY SARASOTA ASSOC License #0391862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,572

Year Built

  • Built in 2000

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • End Unit
  • Zero Lot Line

HOA Fees

  • $1,062 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,594 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Great Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • 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

Pool

  • Indoor Pool
  • Spa

Schools

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

Mobile Home

  • Mobile Home Model is Avignon

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, private road, recreational facilities, security
  • Tara Lighthouse Management 941 966 6844 Association
  • High-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • The community has rules related to deed restrictions
  • 8-Story Property

Amenities

  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,572

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,062 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2594
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 2837
  • Directions to Property: US 41 (Tamiami Trail) to the Oaks Preserve entrance. Once past guard gate take first right, enter the Meridian take a left, unit is in most southern building.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3967302&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3967302&cview=true&show_results=true&customer_portal=true
  • Floor Number: 6
  • 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: End Unit, High Rise
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.95159
  • Price per Sq Ft: 219.74
  • Close to Original List Price Ratio: 0.95159
  • Ratio: Current Price\Building Area Total: 200.92
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Pool Features: Indoor
  • Roof: Membrane, Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Intracoastal Waterway
  • Waterfront: Yes
  • Road Surface Type: Paved
  • 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
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Driveway, Garage Door Opener, Oversized, Secured, Underground
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Security, Storage, Tennis Court(s)
  • Association Fee: 3187.27
  • Association Fee Frequency: Quarterly
  • Association Name: Tara Lighthouse Management 941-966-6844
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Smoke Detector(s)
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 12749.08
  • Total Monthly Fees: 1062.42

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051013
  • Additional Parcels: No
  • Lot Features: In County, Zero Lot Line
  • Millage Rate: 13.15
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2013-03-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 5572
  • Tax Lot: 601

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
May 18, 2023
Sold by
Khalil Emile Barsoum Alter Ego Trust
Bought by
Anne B James Revocable Trust
Seller's Agent
Steve Abbe
COLDWELL BANKER REALTY
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
18
Current Estimated Value
$1,081,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,284
Avg. Annual Appreciation
-4.83%
Original Mortgage
$900,000
Outstanding Balance
$873,485
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$194,832

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 12, 2018
Sold by
Cianella Salvan and Cianella Dayle
Bought by
Barsoum Khalil and Khalil Emily Barsoum Alter Ego
Seller's Agent
Steve Abbe
COLDWELL BANKER REALTY
Buyer's Agent
Dirk Stroh
FLORIDA HOMES OF YOUR DREAMS
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Mar 15, 2013
Sold by
Sucher Barry H and Sucher Sandra L
Bought by
Cianella Salvan and Cianella Dayle
Seller's Agent
Joel Schemmel
DOUGLAS ELLIMAN
Buyer's Agent
Betty Mullinnix
LIMBO COMPANY SARASOTA ASSOC
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%

Purchase Details

Listed on
Dec 6, 2010
Closed on
Feb 24, 2012
Sold by
Lora Inc
Bought by
Sucher Barry H and Sucher Sandra L
Seller's Agent
Linda Starcher, PA
RE/MAX ALLIANCE GROUP
Buyer's Agent
Joel Schemmel
DOUGLAS ELLIMAN
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$260,000
Interest Rate
3.15%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Listed On Document
Warranty Deed $700,000 Attorney
Warranty Deed $570,000 Attorney
Warranty Deed $520,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $450,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $1,200,000 -4.0% $463 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,250,000 +78.6% $482 / Sq Ft
04/12/2018 04/12/18 Sold $700,000 -6.7% $270 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $750,000 +31.6% $289 / Sq Ft
03/15/2013 03/15/13 Sold $570,000 -4.8% $220 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $599,000 +15.2% $231 / Sq Ft
02/24/2012 02/24/12 Sold $520,000 0.0% $200 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
12/06/2010 12/06/10 For Sale $520,000 -- $200 / 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 $8,350 $829,400 -- $829,400
2023 $8,350 $754,900 $0 $754,900
2022 $7,192 $613,100 $0 $613,100
2021 $6,138 $456,600 $0 $456,600
2020 $5,946 $432,500 $0 $432,500
2019 $5,960 $438,000 $0 $438,000
2018 $503 $487,166 $0 $0
2017 $503 $477,146 $0 $0
2016 $528 $523,400 $0 $523,400
2015 $528 $492,300 $0 $492,300
2014 $528 $418,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3967302

Stellar MLS

APN: 0133-05-1013