$315,000
SOLD NOV 13, 2012

401 N Point Rd Unit 401 Osprey, FL 34229

Vamo Neighborhood
3 Beds
3 Baths
2,594 Sq Ft
$895/mo HOA Fee

Recently Sold

$121 Per Sq Ft

4% Below List Price

48 Days on Market

Highlights

  • Golf Course Community
  • Property Fronts a Bay or Harbor
  • Gated Community
  • Riverview High School Rated A
  • Fitness Center
  • Open Floorplan

About This Home

As of March 2025

Priced LIKE a short sale, but NOT a short sale! Fully upgraded former Avigon model corner apartment with sunsets from 14 windows and 2 desirable parking spaces. Three bedrooms, three bathrooms plus a den provide 2,600 sq ft of living space. This luxurious end unit has a large balcony that is perfectly positioned to watch the sunsets. All window glass has been treated to withstand 120 mph hurricane winds with a lifetime guarantee. Granite counter tops and roll-out shelves in the kitchen, faux painted bathrooms, additional customized closets and electric blinds on the sliding glass balcony doors all add to the quality of this luxury home. This building also has an emergency power generating system. Within The Oaks complex there are two Championship golf courses with a superb practice facility, twelve HAR-TRU tennis courts, four of which are lit, and a full size swimming pool; all of which are available to all residents of The Oaks. In addition, residents of the Meridian complex enjoy their own private pool and fitness center. All Oaks residents must take membership in The Country Club. Come and enjoy life at The Meridian in The Oaks, Sarasota's number one Country Club. Social or Equity membership required.

Last Agent to Sell the Property

Barbara Ackerman

COLDWELL BANKER REALTY License #0264324 Listed on: 07/18/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Barbara Ackerman

COLDWELL BANKER REALTY License #0264324 Listed on: 07/18/2012

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 2003

Lot Details

  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,594 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, trash
  • Lighthouse Mgmt (941) 966 6844 Association
  • High-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • 10-Story Property

Amenities

  • Elevator

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Year Built

Built in 2003

Lot Details

0

HOA Fees

$895 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2594
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2837
  • Directions to Property: Go South on U.S. 41 to Oaks Preserve gate (North Point Rd) on your right, follow North Point to Meridian Tower 3 (401) on your left.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3963323&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3963323&cview=true&show_results=true&customer_portal=true
  • Floor Number: 4
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 8206
  • Property Description: End Unit, High Rise
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95745
  • Price per Sq Ft: 121.43
  • Close to Original List Price Ratio: 0.95745
  • Ratio: Current Price\Building Area Total: 111.03
  • View: No
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Street Number Modifier: 401
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Other
  • Pool Private: No
  • Water Body Name: Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Assigned, Guest, Underground
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fitness, Gated Community, Golf, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Recreation Facilities, Security
  • Association Fee: 2685
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Mgmt - (941) 966-6844
  • Association: Yes
  • Security: Gated Community
  • Condo Fees: 617
  • Condo Fees Term: Quarterly
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 13208
  • Total Monthly Fees: 1100.67

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051205
  • Additional Parcels: No
  • Millage Rate: 13.15
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Expected Lease Date: 2012-11-13T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3098
  • Tax Lot: 401

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 27, 2025
Sold by
Ruddell Howard L and Ruddell Elizabeth Anne
Bought by
Peyton A Cramer Living Trust and Cramer
Seller's Agent
Steve Abbe
COLDWELL BANKER REALTY
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$795,000
Sold Price
$745,000
Premium/Discount to List
-$50,000
-6.29%
Views
5
Current Estimated Value
$758,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,596
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 10, 2021
Sold by
Macedonio Mary F and Macedonio Family Trust
Bought by
Ruddell Howard L and Ruddell Elizabeth Anne
Seller's Agent
Steve Martin Smith
SLICE OF FLORIDA REALTY, LLC
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$474,900
Sold Price
$469,900
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Listed on
Jul 18, 2012
Closed on
Nov 9, 2012
Sold by
Feder Joan F
Bought by
Macedonio Mary F and Macedonio Family Trust
Seller's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Barbara Ackerman
COLDWELL BANKER REALTY
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Oaks Meridian Ltd
Bought by
Oneill Joseph M and Oneill Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,700
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Oaks Meridian Ltd
Bought by
Feder Allan A and Feder Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,600
Interest Rate
5.63%

Purchase Details

Closed on
May 28, 2003
Sold by
Oaks Meridian Ltd
Bought by
Schoeb Gerald and Schoeb Christine Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.79%
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 $745,000 None Listed On Document
Warranty Deed $469,900 Attorney
Warranty Deed $315,000 Attorney
Special Warranty Deed $423,000 All Florida Title Agency Inc
Deed $535,800 --
Deed $670,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000 Credit Line Revolving
Previous Owner $395,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $380,700 Purchase Money Mortgage
Previous Owner $428,600 No Value Available
Previous Owner $536,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $745,000 -6.3% $287 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $795,000 +69.2% $306 / Sq Ft
06/10/2021 06/10/21 Sold $469,900 -1.1% $181 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $474,900 +50.8% $183 / Sq Ft
11/13/2012 11/13/12 Sold $315,000 -4.3% $121 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $329,000 -- $127 / 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 $5,952 $504,670 -- --
2023 $5,952 $489,971 $0 $0
2022 $5,759 $475,700 $0 $475,700
2021 $4,273 $304,200 $0 $304,200
2020 $4,056 $285,400 $0 $285,400
2019 $3,624 $249,600 $0 $249,600
2018 $3,902 $273,400 $0 $273,400
2017 $4,562 $320,700 $0 $320,700
2016 $4,670 $320,900 $0 $320,900
2015 $4,528 $301,800 $0 $301,800
2014 $4,287 $256,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: A3963323

Stellar MLS

APN: 0133-05-1205