NOT LISTED FOR SALE

409 N Point Rd Unit 1002 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $1,317,000 - $1,754,000

3 Beds
3.5 Baths
3,738 Sq Ft
$228/mo HOA Fee

Last Sold July 16, 2021

Last sale price $1,275,000 $341 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,769/month

64 Days on Market

Highlights

  • 150 Feet of Waterfront
  • White Water Ocean Views
  • Access to Bay or Harbor
  • Riverview High School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of July 2021

Opulence awaits at the Meridian Oaks Preserve in this sprawling WATERFRONT PENTHOUSE which offers sweeping elegance, magnificent views of Little Sarasota Bay and provides picture perfect sunrise and sunset views. An exclusive elevator code will deliver you to the private entrance of this 10th floor penthouse with architectural and designer upgrades throughout. Upon entering you are greeted with breathtaking views of Little Sarasota Bay. Condo features an open floor plan encompassing the living, dining, breakfast rooms and kitchen - all offering 10’ ceilings and a wall of glass that invites the outside in! Rooms are accented by decorative columns, light fixtures, tray ceiling, remote operated blinds, and crown moulding where the flow from room to room creates the perfect space to entertain your guests. Kitchen features granite countertops, solid, soft-close wood cabinets with rollouts, deep drawers, and pull-out shelving, undermounted lighting, decorative backsplash, walk-in closet pantry, high-end stainless-steel appliances, and tray ceiling. Split bedroom plan where the spacious master offers full water views, patio access, two walk-in closets with built-in features including an Ensuite that offers dual vanities, granite countertops with a knee space area, niche equipped with electric and cable ready, jetted tub, step-in shower with decorative tile, listellos including a wall-jetted shower system. Bedrooms two and three are very spacious, provide access to the east facing patios, and each offers an upgraded Ensuite bathroom. The office features built in desks, a hutch, niches with glass shelving and patio access. On Level 2 you will find the oversized 2-car garage and climate-controlled storage unit. West patio equipped with electric hurricane shutters. The Meridian at the Oaks Preserve offers an elevated level of taste and refinement where you have the convenience of a community pool and clubhouse. Residents also enjoy all the Resort Style Amenities of The Oaks including: Olympic-Sized Pool,2-Exceptional Golf Courses, 12 Har-Tru Tennis Courts, 3 Year-Round Restaurants, and the Fitness/WellFit Center. Minutes to Venice & Sarasota. Enjoy Endless Entertainment Options, Theatres, Restaurants, Legacy Trail, Beaches, Boating and more! Membership in the Oaks Club is required. VIRTUALLY STAGED PHOTOS.

Last Agent to Sell the Property

Lori Turkovics

COLDWELL BANKER REALTY License #3368476 Listed on: 03/29/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Mark Lyda

GENEROUS PROPERTY License #3400771

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,580

Year Built

  • Built in 2004

Lot Details

  • 150 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $228 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Assigned Parking

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Elevated Home
  • Concrete Roof
  • Concrete Siding
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 3,738 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Bay or Harbor
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

  • Pine View Elementary And Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities
  • Lighthouse Property Management Association, Phone Number (941) 460-5560
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,580

Year Built

Built in 2004

Lot Details

0

HOA Fees

$228 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 3738
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 4311
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6114472?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6114472?w=Customer
  • Floor Number: 10
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.98152
  • Price per Sq Ft: 341.09
  • Close to Original List Price Ratio: 0.92734
  • Ratio: Current Price\Building Area Total: 295.76
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Window Features: Blinds, Shutters, Storm Window(s)
  • Room Count: 12
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Sidewalk, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Full, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Access: Bay/Harbor
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Waterfront Frontage: 150
  • Water Frontage Feet Bay Harbor: 150
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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, Deed Restrictions, Fitness, Gated Community, Golf, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Lobby Key Required, Pool, Security, Tennis Court(s)
  • Association Fee: 685
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management
  • Phone: 941.460.5560
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Association Email: susanbrown@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Amenities Additional Fees: Oaks Membership is mandatory. Equity or Social Membership fees are paid quarterly. Oaks Club: Susan Greene 941.966.5415 | sgreene@theoaksclub.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12340
  • Monthly HOA Fee: 228.33
  • Total Monthly Fees: 1028.33

Schools

  • Elementary School: Pine View School
  • High School: Riverview High
  • Middle Or Junior School: Pine View School

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0133051330
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Refer to HOA Docs.
  • Num Timesper Year: 2
  • Pet Restrictions: Refer to HOA Docs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Refer to HOA Docs.

Tax Info

  • Tax Annual Amount: 15580
  • Tax Lot: 00

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 12, 2021
Sold by
Sabal Trust Company
Bought by
Odeen Lodato L and Odeen Lodato Pamela
Seller's Agent
Lori Turkovics
COLDWELL BANKER REALTY
Buyer's Agent
Mark Lyda
GENEROUS PROPERTY
List Price
$1,374,900
Sold Price
$1,275,000
Premium/Discount to List
-$99,900
-7.27%
Current Estimated Value
$1,560,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,406
Avg. Annual Appreciation
4.83%
Original Mortgage
$1,020,000
Outstanding Balance
$915,977
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$644,429

Purchase Details

Closed on
Nov 7, 2020
Sold by
Smith Inge R and Harris Robert J
Bought by
Smith Inge R and Inge R Smith Trust

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jan 7, 2014
Sold by
Meyer Janet L and Meyer Edward J
Bought by
Harris Robert J and Smith Inge R
Seller's Agent
Diane Hager
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Rosalie Phillips
MICHAEL SAUNDERS & COMPANY
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.62%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Oaks Meridian Ltd
Bought by
Meyer Edward J and Meyer Janet L
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
Odeen Lodato L $1,275,000 First International Ttl Inc
Smith Inge R -- Accommodation
Harris Robert J $1,150,000 None Available
Meyer Edward J $1,665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odeen Lodato L $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $1,275,000 -1.8% $341 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/24/2021 05/24/21 Price Changed $1,299,000 -3.0% $348 / Sq Ft
05/05/2021 05/05/21 Price Changed $1,339,000 -2.6% $358 / Sq Ft
03/29/2021 03/29/21 For Sale $1,374,900 +19.6% $368 / Sq Ft
01/07/2014 01/07/14 Sold $1,150,000 -11.5% $308 / Sq Ft View Prior Sale
11/08/2013 11/08/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $1,300,000 +13.0% $348 / Sq Ft
10/31/2013 10/31/13 Off Market $1,150,000 -- --
10/29/2013 10/29/13 Price Changed $1,300,000 -13.3% $348 / Sq Ft
10/15/2012 10/15/12 For Sale $1,500,000 -- $401 / 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 $15,993 $1,482,315 -- --
2023 $15,993 $1,340,500 $0 $1,340,500
2022 $17,933 $1,503,100 $0 $1,503,100
2021 $16,269 $1,276,300 $0 $1,276,300
2020 $15,580 $1,194,000 $0 $1,194,000
2019 $15,719 $1,248,600 $0 $1,248,600
2018 $15,683 $1,244,600 $0 $1,244,600
2017 $16,576 $1,257,900 $0 $1,257,900
2016 $16,969 $1,258,300 $0 $1,258,300
2015 $16,415 $1,183,500 $0 $1,183,500
2014 $15,464 $1,005,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lori Turkovics

    Seller's Agent in 2021

    Lori Turkovics

    COLDWELL BANKER REALTY

    (941) 441-7169

    1 in this area

    106 Total Sales

    Lori Turkovics
    Section Image
  • Mark Lyda

    Buyer's Agent in 2021

    Mark Lyda

    GENEROUS PROPERTY

    (941) 586-2670

    22 in this area

    180 Total Sales

    Mark Lyda
    Section Image

  • D

    Seller's Agent in 2014

    Diane Hager

    LIMBO COMPANY SARASOTA ASSOC

  • Rosalie Phillips

    Buyer's Agent in 2014

    Rosalie Phillips

    Michael Saunders

    (941) 966-8000

    23 in this area

    43 Total Sales

    Rosalie Phillips
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6114472

Stellar MLS

APN: 0133-05-1330

Florida Sarasota County Osprey 34229 Vamo

409 N Point Rd Unit 1002, Osprey, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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