NOT LISTED FOR SALE

401 N Point Rd Unit 703 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $810,000 - $918,000

3 Beds
3 Baths
2,203 Sq Ft
$255/mo HOA Fee

Last Sold July 26, 2022

Last sale price $850,000 $386 Per Sq Ft

Current estimated payment $5,574/month

29 Days on Market

Highlights

  • Waterfront Community
  • White Water Ocean Views
  • Fitness Center
  • Riverview High School Rated A
  • Golf Course Community
  • Heated In Ground Pool

About This Home

As of July 2022

Have it All! Mesmerizing sunsets over the Gulf of Mexico and unobstructed water views spanning Intracoastal waterways, Island Preserves & the long, picturesque coastline from this meticulous 3-bedroom/3 full bath residence behind the gates of The Oaks Preserve. Refinement is the feeling you have when the elevator opens directly onto your secure, private entry foyer and the open floor plan beyond. Light and bright interiors feature a combination great room / kitchen & breakfast area with sliding glass doors leading out to a spacious tiled screened-in terrace that is equipped with hurricane shutters for that extra safety factor. The main bedroom highlights terrace access glass door and floor-to-ceiling windows - all capturing those glorious views. The 2nd & 3rd guest rooms, each with spacious closets and privacy from the main living area, are ideally situated to take advantage of lovely sunrises and tranquil views of the surrounding nature preserve. Enjoy casual meals at the dinette or a more elegant dining experience in the separate formal area adjacent to the great room. The Meridian community offers the convenience of a community pool, spa, fitness center, grills and 24-hour security gatehouse at the Oaks Preserve entrance. The Oaks Club membership is required, Social or Equity, which provides exclusive privileges of two 18-hole championship golf courses, 12 Har-Tru lite tennis courts, 4 pickle-ball courts, croquet & men's bocce, 3 year-around restaurants, Olympic -sized pool, fitness and wellness centers and frequent organized activities. See attachments for detailed Membership fees & information.

Last Agent to Sell the Property

Ryan Ackerman

COLDWELL BANKER REALTY License #0695084 Listed on: 03/31/2022

COLDWELL BANKER REALTY

Last Buyer's Agent

Mark Lyda

GENEROUS PROPERTY License #3400771

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • Southeast Facing Home
  • Mature Landscaping
  • Landscaped with Trees

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • Open Parking
  • Reserved Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • City
  • Woods

Home Design

  • Custom Home
  • Slab Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,203 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Laundry in unit
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

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

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Lighthouse Management Association, Phone Number (941) 460-5560
  • High-Rise Condominium
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,311

Year Built

Built in 2003

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Other, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom, Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2203
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2423
  • Directions to Property: South US41/Tamiami Trail to The Oaks Preserve entrance. West on N. Point Rd. through guard gate to Meridian 3 on the Left. Gate requires business card and ID/DL for entry to Oaks.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529798?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4529798?w=Customer
  • Floor Number: 7
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Subdivision Num: 8206
  • Property Description: High Rise
  • Call Center Phone Number: 800-746-9464
  • Subdivision Section Number: 34
  • Ratio: Close Price\List Price: 0.89568
  • Price per Sq Ft: 385.84
  • Close to Original List Price Ratio: 0.89568
  • Ratio: Current Price\Building Area Total: 350.8
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 9
  • Window Features: Drapes, Window Treatments
  • Street Number Modifier: 401
  • Room Count: 7
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Lighting, Sliding Doors, Storage
  • Roof: Other
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: City, Trees/Woods, Water
  • Water Body Name: Sarasota Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Other
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Covered, Guest, Open, Other, Reserved, Under Building
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Fitness, Gated Community, Pool, Racquetball, Sidewalk, Tennis Courts, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Other, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 765
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Phone: 941460-5560
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 3430
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1143
  • Amenities Additional Fees: Social or Equity Membership in The Oaks Club required. See attached fee schedule.
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 16780
  • Monthly HOA Fee: 255
  • Total Monthly Fees: 1398.33

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0133051219
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: Application & Association approval required.
  • Num Timesper Year: 2
  • Pet Restrictions: 2 Pets. See Association documents for detailed pet rules.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Application & lease approval required.

Tax Info

  • Tax Annual Amount: 4311
  • Tax Lot: 303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Jul 26, 2022
Sold by
Elena M Daley Revocable Trust
Bought by
White Geoffrey G
Seller's Agent
Ryan Ackerman
COLDWELL BANKER REALTY
Buyer's Agent
Mark Lyda
GENEROUS PROPERTY
List Price
$949,000
Sold Price
$850,000
Premium/Discount to List
-$99,000
-10.43%
Current Estimated Value
$846,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,808
Avg. Annual Appreciation
-0.27%

Purchase Details

Closed on
May 13, 2003
Sold by
Oaks Meridian Ltd
Bought by
Daley Charles D
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
White Geoffrey G $850,000 None Listed On Document
Daley Charles D $561,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daley Charles D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $850,000 -10.4% $386 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $949,000 -- $431 / 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 $8,507 $748,110 -- --
2023 $8,507 $680,100 $0 $680,100
2022 $4,320 $357,354 $0 $0
2021 $4,311 $346,946 $0 $0
2020 $4,321 $342,156 $0 $0
2019 $4,179 $334,463 $0 $0
2018 $4,086 $328,227 $0 $0
2017 $4,068 $321,476 $0 $0
2016 $4,080 $416,100 $0 $416,100
2015 $4,151 $391,400 $0 $391,400
2014 $4,135 $305,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4529798

Stellar MLS

APN: 0133-05-1219