NOT LISTED FOR SALE

409 N Point Rd Unit 403 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $666,000 - $749,000

3 Beds
3 Baths
2,203 Sq Ft
$340/mo HOA Fee

Last Sold March 22, 2023

Last sale price $685,000 $311 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,726/month

212 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Riverview High School Rated A
  • Spa
  • Open Floorplan

About This Home

As of March 2023

Escape to the casual elegance of your peaceful and private sanctuary at the Meridian, offering the best of luxury coastal living in Sarasota’s premiere country club community. Upon entering through the guarded gate, you are enveloped in lush tropical landscapes as you drive to the Meridian towers perched on Little Sarasota Bay, well secluded from the hustle bustle. Through the secure lobby entrance, the elevator carries you to your private foyer which opens to the spacious residence inside, its tasteful updates awash in natural light. Style unfolds at every turn with timeless wood inspired porcelain tile floors, plantation shutters adorning the High-Energy Impact windows and doors, elegant light fixtures, and 9’ ceilings with crown molding throughout. Relax on your large, screened terrace while gazing through the treetops at the surrounding natural beauty. Enjoy preparing meals in the signature kitchen, complete with bar seating, granite counters, induction cook top, convection oven/microwave, build-in wall oven and ample cabinet space. This Chambord floor plan offers 3 bedrooms and 3 bathrooms plus a large flexible space currently used as a formal dining room, but alternatively may be the perfect office or den space. The laundry room and guest rooms are situated away from the main living areas for added privacy. As a resident, you will appreciate the convenient garage parking, with a dedicated oversized parking space, and climate-controlled storage, as well as the onsite fitness center and large community pool with compelling outdoor gathering spaces. Pet owners rest assured, two pets of any size are welcome here! A stone’s throw away, The Oaks Club welcomes you to fully enjoy the country club lifestyle afforded by its world class array of amenities including two 18-hole championship golf courses, 12 Har-Tru lit tennis courts, 4 pickle-ball courts, croquet and bocce, acclaimed wellness facilities, a variety of year-round dining options at 3 restaurants, plus frequent organized social events. Either social or equity membership is available and required. Information on membership is attached for your convenience. Adding to the endless enjoyment options of this uniquely special area are the stunning nearby beaches, as well as the vibrant and diverse Sarasota cultural scene. Start living the dream when you make this beautiful condominium your home!

Last Listed By

Cecile Coutret

MICHAEL SAUNDERS & COMPANY License #3396308 Listed on: 06/27/2022

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,461

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Parking Garage Space
  • Reserved Parking

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,203 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Outdoor Features

  • Spa
  • Balcony

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, security, sewer, trash, water
  • Lighthouse Prop Mgmt Susan Brown Association, Phone Number (941) 460-5560
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • 10-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,461

Year Built

Built in 2004

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2203
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2423
  • Directions to Property: Tamiami Trail (US41) South to North Point Rd. (directly opposite Macintosh Rd. entrance to Palmer Ranch). Turn west into entrance of the Oaks Preserve and continue to guard gate. Once guard grants access, continue to the entrance for The Meridian turning left to enter, then turn left again and continue building 409. Park in open parking across from building 409. Unit 403 is on the north/right side of the building, on the 4th floor. Door access to building and elevator to be provided by agent.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540108?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4540108?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.97857
  • Price per Sq Ft: 310.94
  • Close to Original List Price Ratio: 0.97857
  • Ratio: Current Price\Building Area Total: 282.71
  • View: No
  • Co List Office Mls Id: 281504998
  • Co List Office Phone: 941-951-6660
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Stories: 10
  • Window Features: Window Treatments
  • Street Number Modifier: 409
  • Room Count: 6
  • Additional Rooms: Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, French Doors, Sliding Doors
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • 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: 1
  • Garage Yn: Yes
  • Parking Features: Guest, Oversized, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • 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, Gated Community, Pool, Sidewalk
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Playground, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 1020
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Prop Mgmt Susan Brown
  • Phone: 941-460-5560
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Condo Fees: 4500
  • Condo Fees Term: Quarterly
  • Association Email: susanbrown@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 1500
  • Amenities Additional Fees: Oaks Membership is Required
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 22080
  • Monthly HOA Fee: 340
  • Total Monthly Fees: 1840

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0133051307
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: As per Association Guidelines
  • Num Timesper Year: 2
  • Pet Restrictions: As per Association Guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: As per Association Guidelines

Tax Info

  • Tax Annual Amount: 5461
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Feb 28, 2023
Sold by
Pierson Donald Myron and Patti Kay
Bought by
Torres Emilio R and Torres Danielle T
Seller's Agent
Cecile Coutret
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Jonnie Buffaline
BRIGHT REALTY
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Total Days on Market
212
Views
53
Current Estimated Value
$706,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,311
Avg. Annual Appreciation
3.11%
Original Mortgage
$548,000
Outstanding Balance
$534,776
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$196,572

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 5, 2020
Sold by
Walden Rickie L and Walden Nancy B
Bought by
Pierson Donald Myron and Pierson Patti Kay
Seller's Agent
Rosalie Phillips
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Cecile Coutret
MICHAEL SAUNDERS & COMPANY
List Price
$425,000
Sold Price
$397,500
Premium/Discount to List
-$27,500
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.76%
Original Mortgage
$318,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2014
Sold by
Vanweele Johannes and Van Weele Driessen Wilhelmina G
Bought by
Walden Rickie L and Walden Nancy B

Purchase Details

Closed on
Jun 25, 2010
Sold by
Mertz Susan V
Bought by
Vanweele Johannes and Vanweele Driessen Wilhelmina G

Purchase Details

Closed on
Dec 1, 2004
Sold by
Oaks Meridian Ltd
Bought by
Mertz Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

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
Torres Emilio R $685,000 --
Pierson Donald Myron $397,500 Attorney
Walden Rickie L $225,000 Attorney
Vanweele Johannes $200,000 Attorney
Mertz Susan $400,000 All Florida Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Emilio R $548,000
Previous Owner Pierson Donald Myron $318,000
Previous Owner Mertz Susan $512,000
Previous Owner Mertz Susan $140,000
Previous Owner Mertz Susan $320,000
Closed Mertz Susan $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $685,000 -2.1% $311 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
07/06/2022 07/06/22 For Sale $700,000 0.0% $318 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $700,000 +76.1% $318 / Sq Ft
10/05/2020 10/05/20 Sold $397,500 -6.5% $180 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $425,000 -- $193 / 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 $5,638 $585,700 -- $585,700
2023 $5,638 $468,650 $0 $0
2022 $5,461 $455,000 $0 $455,000
2021 $3,851 $272,900 $0 $272,900
2020 $3,011 $200,900 $0 $200,900
2019 $3,297 $227,300 $0 $227,300
2018 $3,251 $225,100 $0 $225,100
2017 $3,777 $262,700 $0 $262,700
2016 $3,868 $262,900 $0 $262,900
2015 $3,752 $247,200 $0 $247,200
2014 $3,543 $208,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4540108

Stellar MLS

APN: 0133-05-1307