NOT LISTED FOR SALE

408 Walls Way Osprey, FL 34229

Estimated Value: $2,272,000 - $3,424,066

0.6 Acre
$4,985,445 Price per Acre
26,136 Sq Ft Lot

Last Sold February 15, 2019

Last sale price $290,000

Est. 1,000% increase in value since last sale

Current estimated payment $19,331/month

385 Days on Market

Highlights

  • 128 Feet of Waterfront
  • Home fronts a pond
  • 0.6 Acre Lot
  • Laurel Nokomis School Rated A-
  • Pond View
  • Security Service

About This Lot

As of February 2019

The quiet & exclusive sanctuary of The Oaks community offers world class amenities and impeccably manicured grounds. This rare opportunity to build the home of your dreams does not present itself too often in this highly sought-after neighborhood. This vacant lot is one of three available on Walls Way. This pristine land offers views of a lively pond and lush landscaping. Welcome to your new neighborhood.

Last Agent to Sell the Property

Nora Johnson

MICHAEL SAUNDERS & COMPANY License #0683885 Listed on: 11/30/2017

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Klaus Lang

MICHAEL SAUNDERS & COMPANY License #0641811

Last Buyer's Agent

Jackie Woods

ROSEBAY INTERNATIONAL REALTY, INC License #3146951

ROSEBAY INTERNATIONAL REALTY, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,109

Lot Details

  • 0.6 Acre Lot
  • Home fronts a pond
  • 128 Feet of Waterfront
  • Property fronts a private road
  • West Facing Home
  • Property is zoned OUE

HOA Fees

  • $133 Monthly HOA Fees

Schools

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

Additional Features

  • Pond Views
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 0141040009

Community Details

Overview

  • Optional Additional Fees
  • Oaks Community
  • Oaks 2 Subdivision

Security

  • Security Service

Property Details

Property Type

Land

Est. Annual Taxes

$3,109

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.6
  • Lot Size Sq Ft: 26069
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.87879
  • Price per Sq Ft: 11.12
  • Close to Original List Price Ratio: 0.61053
  • View: Yes
  • Co List Office Mls Id: 281502004
  • Co List Office Phone: 941-383-7591
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Waterfront Frontage: 128
  • Water Frontage Feet Pond: 128
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Optional Additional Fees, Security
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Amenities Additional Fees: Club membership required
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1600
  • Monthly HOA Fee: 133.33
  • Total Monthly Fees: 133.33

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0141040009
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, In County
  • Lot Dimensions: 0
  • Price Per Acre: 483333
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3109
  • Tax Book Number: 30-4
  • Tax Lot: 141

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 18, 2019
Sold by
Walls Way Properties Llc
Bought by
Washington Morris A and Jackson Shirley Ann
Seller's Agent
Nora Johnson
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jackie Woods
ROSEBAY INTERNATIONAL REALTY, INC
List Price
$475,000
Sold Price
$290,000
Premium/Discount to List
-$185,000
-38.95%
Current Estimated Value
$3,188,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,898,832
Avg. Annual Appreciation
40.24%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Wamsler Karl and Thorne Oakleigh
Bought by
Walls Way Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Washington Morris A $290,000 Attorney
Walls Way Properties Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2019 02/15/19 Sold $290,000 -12.1% --
12/21/2018 12/21/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $330,000 -17.3% --
04/05/2018 04/05/18 Price Changed $399,000 -10.5% --
02/22/2018 02/22/18 Price Changed $446,000 -6.1% --
11/30/2017 11/30/17 For Sale $475,000 -- --
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
2025 $30,475 $2,554,200 $508,900 $2,045,300
2024 $28,967 $2,530,600 $582,400 $1,948,200
2023 $28,967 $2,457,200 $408,300 $2,048,900
2022 $3,219 $292,100 $292,100 $0
2021 $2,819 $228,000 $228,000 $0
2020 $2,919 $230,800 $230,800 $0
2019 $2,908 $230,800 $230,800 $0
2018 $3,110 $246,400 $246,400 $0
2017 $3,268 $251,350 $0 $0
2016 $2,996 $228,500 $228,500 $0
2015 $2,674 $216,100 $216,100 $0
2014 $2,490 $142,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4202848

Stellar MLS

APN: 0141-04-0009