NOT LISTED FOR SALE

401 N Point Rd Unit 802 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $861,366 - $1,013,000

3 Beds
3 Baths
2,055 Sq Ft
$202/mo HOA Fee

Last Sold May 29, 2019

Last sale price $555,400 $270 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,067/month

984 Days on Market

Highlights

  • 250 Feet of Waterfront
  • White Water Ocean Views
  • Heated In Ground Pool
  • Riverview High School Rated A
  • Oak Trees
  • Open Floorplan

About This Home

As of May 2019

SELLER IS INCLUDING A SOCIAL MEMBERSHIP AT THE OAKS CLUB WITH PURCHASE! Enjoy panoramic views of the surrounding Keys, the Intracoastal Waterway, and the Gulf of Mexico from this 8th floor Meridian condo in the Oaks Preserve. Capture the beauty and tranquility of natural Florida from your screened balcony, or entertain in the spacious open floor plan. A marble foyer, bamboo floors, a large master suite and bath, walk in closets, two en suite guest rooms, and a private, front facing two car garage are just a few of the special features. A fitness room adjoins the tropical pool and spa, for Meridian residents only. Become a member of Southwest Florida’s finest country club, The Oaks. Choose a golf equity or social membership and begin enjoying all the amenities only The Oaks offers: gourmet dining in three restaurants, two 18 hole championship golf courses, tennis, regulation croquet, bocce, swimming, and a very active social calendar throughout the year. Close proximity to beaches, shopping, the arts, theater, and all that Sarasota has to offer.

Last Listed By

Nicole Hammons-Dovgopolyi

MICHAEL SAUNDERS & COMPANY License #3089733 Listed on: 08/12/2016

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,389

Year Built

  • Built in 2003

Lot Details

  • 250 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Near Conservation Area
  • East Facing Home
  • Mature Landscaping
  • Oak Trees

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,055 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Dryer
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Outside Bathroom Access

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, private road, recreational facilities, security, trash
  • 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
  • Rental Restrictions
  • 10-Story Property

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • Pets up to 100 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,389

Year Built

Built in 2003

Lot Details

0

HOA Fees

$202 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Private Road, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2055
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2250
  • Directions to Property: US 41 TO OAKS PRESERVE, THROUGH GUARD GATE STRAIGHT BACK TO MERIDIAN, BLDG. 401.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4161767&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4161767&cview=true&show_results=true&customer_portal=true
  • Floor Number: 8
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9494
  • Price per Sq Ft: 270.27
  • Close to Original List Price Ratio: 0.85446
  • Ratio: Current Price\Building Area Total: 246.84
  • View: Yes
  • Co List Office Mls Id: 281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Refrigerator, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 401
  • Room Count: 6
  • Additional Rooms: Foyer, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage, Tennis Court(s)
  • Pool Features: Gunite, Heated, In Ground, Outside Bath Access
  • Exterior Features: Balcony, Lighting, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Built-Up, Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 1251440228E
  • Waterfront Frontage: 250
  • Water Frontage Feet I C W: 50
  • Water Frontage Feet Bay Harbor: 200
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Secured
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Fiber Optics, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Fee: 605
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management - 941-966-6844
  • Association: Yes
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2500
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 833
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12420
  • Monthly HOA Fee: 201.67
  • Total Monthly Fees: 1035

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Riverview High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051222
  • Additional Parcels: No
  • Lot Features: Conservation Area, In County
  • Millage Rate: 12.91
  • Flood Zone Code: X
  • Flood Zone Date: 1992-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 3 Months
  • Approval Process: Contact Agent
  • Pet Restrictions: 2 Large
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Agent

Tax Info

  • Tax Annual Amount: 6389
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
May 29, 2019
Sold by
Carpenter Barbara J
Bought by
Wolpert Michael A and Wolpert Michael Cynthia A
Seller's Agent
Nicole Hammons-Dovgopolyi
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Janice Melzer Langa
COLDWELL BANKER REALTY
List Price
$650,000
Sold Price
$555,400
Premium/Discount to List
-$94,600
-14.55%
Total Days on Market
984
Current Estimated Value
$949,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,192
Avg. Annual Appreciation
8.55%
Original Mortgage
$416,550
Outstanding Balance
$370,018
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$534,672

Purchase Details

Closed on
Aug 10, 2015
Sold by
Carpenter Barbara J and Carpenter Lee C
Bought by
Carpenter Barbara J and The Barbara J Carpenter Trust

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 Buyer Sale Price Title Company
Wolpert Michael A $555,400 Attorney
Carpenter Barbara J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolpert Michael A $416,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $555,400 -5.1% $270 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/20/2018 03/20/18 Price Changed $585,000 -6.4% $285 / Sq Ft
12/21/2017 12/21/17 Price Changed $625,000 -3.8% $304 / Sq Ft
08/12/2016 08/12/16 For Sale $650,000 -- $316 / 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 $7,210 $539,626 -- --
2023 $7,210 $672,200 $0 $672,200
2022 $6,453 $585,600 $0 $585,600
2021 $5,066 $374,700 $0 $374,700
2020 $5,781 $425,200 $0 $425,200
2019 $6,090 $454,300 $0 $454,300
2018 $6,390 $479,300 $0 $479,300
2017 $4,575 $463,000 $0 $463,000
2016 $4,489 $463,400 $0 $463,400
2015 $4,575 $435,800 $0 $435,800
2014 $4,558 $338,864 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4161767

Stellar MLS

APN: 0133-05-1222