NOT LISTED FOR SALE

409 N Point Rd Unit 1003 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $1,324,000 - $1,520,000

3 Beds
3 Baths
2,778 Sq Ft
$222/mo HOA Fee

Last Sold December 31, 2019

Last sale price $1,025,000 $369 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,306/month

6 Days on Market

Highlights

  • 50 Feet of Waterfront
  • White Water Ocean Views
  • Fitness Center
  • Riverview High School Rated A
  • Golf Course Community
  • Oak Trees

About This Home

As of December 2019

PRICED TO SELL! A tropical Florida lifestyle awaits in the desirable Meridian at Oaks Preserve. Private elevator will transport you to the superbly crafted 2778 sq.ft. corner Ducal Penthouse. Picturesque views of Casey Key, Siesta Key, & Little Sarasota Bay immediately unfold as you enter thru the grand marbled rotunda to the 27'x23’ great room. Professional interior decorator has completed the aesthetics with a rich blend of textures, colors & surfaces that complement the design including silk draperies, custom plantation shutters, lustrous hardwood flooring & intimate wall colors. Well-equipped epicurean kitchen is represented with, Quartz counters and backsplash, solid wooden cabinetry with lighting, Energy Star stainless appliance package, tray ceilings and stand-alone island that hosts ample counter height seating & an adjacent casual dining café. An expansive menu of amenities partially include built-ins, 10’ voluminous ceilings, crown moldings, hurricane rated windows & sliders, coffered ceilings, 2 new HVAC units, two car garage, 8’ solid core doors & roll down shutters with new motors on the lanai. Owner’s suite offers a sitting area, huge walk-in closet & a spa like marbled bath. Gated community boasts Olympic sized pool, state of the art fitness center & championship golf at The Oaks; boasting two 18 hole courses, 12 Har-Tru tennis courts & croquet plus fine & casual dining. Membership is required. Lifestyle at The Oaks is family friendly with a variety of cultural & social events.

Last Listed By

Kelli Gambardella

RE/MAX ALLIANCE GROUP License #3103003 Listed on: 11/01/2019

RE/MAX ALLIANCE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 2004

Lot Details

  • 50 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Oak Trees
  • Condo Land Included

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • White Water Ocean
  • Intracoastal
  • Partial Bay or Harbor

Home Design

  • Penthouse
  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,778 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Roof
  • Ventilation

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, security, sewer, trash, water
  • Lighthouse Management Association, Phone Number (941) 460-5560
  • Mid-Rise Condominium
  • Built by TAYLOR WOODROW
  • Meridian At The Oaks Preserve Subdivision, Ducal Floorplan
  • Meridian At The Oaks Preserve Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • 10-Story Property

Recreation

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

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,663

Year Built

Built in 2004

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2778
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3106
  • Directions to Property: US 41 South to Osprey. Turn right on N. Point Road at the Oaks Entrance. Proceed through gate to the 4th building in the Meridian.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449900?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4449900?w=Customer
  • Floor Number: 10
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit, Mid Rise, Penthouse
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.93182
  • Price per Sq Ft: 368.97
  • Close to Original List Price Ratio: 0.93182
  • Ratio: Current Price\Building Area Total: 330.01
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Blinds, Window Treatments, Storm Window(s)
  • Street Number Modifier: 409
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Outdoor Grill, Sliding Doors, Storage
  • Roof: Membrane, Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Little Sarasota Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Gulf/Ocean - Partial, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Waterfront Frontage: 50
  • Water Frontage Feet Bay Harbor: 50
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Guest
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Golf, Pool, Tennis Courts
  • Association Amenities: Elevator(s), Fitness Center, Maintenance, Security, Vehicle Restrictions
  • Association Fee: 665
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Fire Sprinkler System, Secured Garage/Parking, Smoke Detector(s), Fire/Smoke Detection Integration
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 800
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12260
  • Monthly HOA Fee: 221.67
  • Total Monthly Fees: 1021.67

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051331
  • Additional Parcels: No
  • Lot Features: In County, Near Golf Course, Sidewalk
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Roof
  • Green Indoor Air Qlty: Ventilation

Building Info

  • Builder Name: TAYLOR WOODROW

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 4 Months
  • Approval Process: HOA Approval
  • Num Timesper Year: 1
  • Pet Restrictions: 2 large pets allowed. Please see HOA docs for complete information.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA docs for complete information.

Tax Info

  • Tax Annual Amount: 8662.8
  • Tax Lot: 1003

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 31, 2019
Sold by
Dean Thomas S and Dean Diane
Bought by
Schachter Paul J and Schachter Nancy E
Seller's Agent
Kelli Gambardella
RE/MAX ALLIANCE GROUP
Buyer's Agent
Steve Abbe
COLDWELL BANKER REALTY
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Total Days on Market
6
Current Estimated Value
$1,429,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,180
Avg. Annual Appreciation
7.22%
Original Mortgage
$768,750
Outstanding Balance
$694,142
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$797,580

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Osprey, FL

  • 3621 N Point Rd Unit 603, Osprey, FL 34229

    $1,350,000

    • 3 Beds
    • 3 Baths
    • 2,680 Sq Ft
    • 3621 N Point Rd
    • Unit 603
    • Osprey, FL

    Prepare to be captivated by this COMPLETELY UPDATED, meticulously maintained, and thoughtfully appointed 3 bedroom, 3 bath condo located in Meridian at The Oaks Preserve. This spacious residence has everything you need to embrace a carefree, luxury lifestyle. As you step off your private elevator, you’ll be greeted by an inviting, open layout that radiates brightness and elegance. The great room

    Steve Abbe COLDWELL BANKER REALTY

    Section Image
  • 3603 N Point Rd Unit 702, Osprey, FL 34229

    $1,395,000

    • 3 Beds
    • 3 Baths
    • 2,545 Sq Ft
    • 3603 N Point Rd
    • Unit 702
    • Osprey, FL

    **MAGNIFICENT VIEW from this 7th FLOOR, PENTHOUSE CONDO** Offering 3 EN SUITE BEDROOMS, 3 FULL BATHS and a treasured PRIVATE 2-CAR GARAGE! Located behind the gates of the highly sought after Oaks-Preserve, country club neighborhood in the Newest Meridian Condo Tower (Built in 2007 and featuring Hurricane Impact rated Windows and Sliding Doors). As you emerge from your private elevator foyer

    Mark Lyda GENEROUS PROPERTY

    Section Image
  • 385 N Point Rd Unit 903, Osprey, FL 34229

    $1,295,000

    • 3 Beds
    • 3 Baths
    • 2,778 Sq Ft
    • 385 N Point Rd
    • Unit 903
    • Osprey, FL

    From the moment the private elevator doors open, the panorama of the view has you at ‘hello,” with a northwest-facing expanse over the preserve, the lagoon below, Sarasota Bay and the Gulf beyond. This orientation brings cooler interiors, dramatic natural light and unforgettable sunsets. Rare 10’ ceilings amplify the spaciousness and invite the light to flow freely throughout this 2,778-sq.-ft.

    Ryan Ackerman COLDWELL BANKER REALTY

    Section Image
  • 393 N Point Rd Unit 604, Osprey, FL 34229

    $1,300,000

    • 3 Beds
    • 3 Baths
    • 2,778 Sq Ft
    • 393 N Point Rd
    • Unit 604
    • Osprey, FL

    Immerse yourself in the unparalleled, unobstructed views of Little Sarasota Bay, the Gulf of Mexico and Midnight Pass, with Casey Key and Siesta Key gracing the horizon from this 6th-Floor Corner Unit Condo. Marvel at the gorgeous water views during the day and the stunning sunsets in the evening from your expansive, sweeping balcony, which feels like an additional room. Experience the epitome

    Debbie Baraona ROBERT SLACK LLC

    Section Image
  • 393 N Point Rd Unit 801, Osprey, FL 34229

    $1,395,000

    • 3 Beds
    • 3 Baths
    • 3,029 Sq Ft
    • 393 N Point Rd
    • Unit 801
    • Osprey, FL

    Rare in every way, this 3 bedroom, 3 bath penthouse, with private two car garage, is only one of six units in Meridian that enjoys this incredible floor plan. The elegant interior is punctuated by SPECTACULAR VIEWS. This residence provides everything you could desire for a luxury lifestyle in Coastal Florida. A former model, it has been lovingly maintained, and beautifully updated. From the

    Steve Abbe COLDWELL BANKER REALTY

    Section Image
  • 401 N Point Rd Unit 901, Osprey, FL 34229

    $1,549,000

    • 3 Beds
    • 3 Baths
    • 2,594 Sq Ft
    • 401 N Point Rd
    • Unit 901
    • Osprey, FL

    This opulent 3 bedroom plus den, 3 bath residence with a PRIVATE 2 CAR GARAGE located in Meridian at The Oaks Preserve, is a dream come true! A penthouse-level end unit situated on the north side of the building, it has been carefully updated and meticulously maintained. From the moment you step off your private elevator you will be impressed by this spacious unit. 10 foot ceilings,

    Steve Abbe COLDWELL BANKER REALTY

    Section Image

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
Schachter Paul J $1,025,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schachter Paul J $166,618
Open Schachter Paul J $768,750
Previous Owner Dean Thomas S $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $1,025,000 -6.8% $369 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $1,100,000 -- $396 / 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 $13,474 $1,188,103 -- --
2023 $13,474 $1,117,300 $0 $1,117,300
2022 $12,609 $1,057,100 $0 $1,057,100
2021 $11,590 $909,700 $0 $909,700
2020 $9,997 $755,400 $0 $755,400
2019 $8,663 $689,321 $0 $0
2018 $8,499 $676,468 $0 $0
2017 $8,468 $662,554 $0 $0
2016 $8,485 $872,800 $0 $872,800
2015 $8,641 $821,000 $0 $821,000
2014 $8,612 $629,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4449900

Stellar MLS

APN: 0133-05-1331