$397,500
SOLD OCT 5, 2020

409 N Point Rd Unit 403 Osprey, FL 34229

Vamo Neighborhood
3 Beds
3 Baths
2,203 Sq Ft
$222/mo HOA Fee

Recently Sold

$180 Per Sq Ft

6% Below List Price

Highlights

  • Golf Course Community
  • Fitness Center
  • View of Trees or Woods
  • Riverview High School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of March 2023

With views of lush treetops, exquisite architecture and world-class amenities, this three-bedroom condominium is made for those who demand the very best of everything. This spacious 2,200-sq. ft. fourth-floor residence is located in Building Four of the Meridian at the Oaks Preserve. Enter by elevator to your private foyer, where on-trend appointments and exquisitely updated interiors take center stage. The Chambord floor plan boasts open spaces awash with natural light, neutral colors, and comfortable environments. Spectacular style unfolds throughout the home outfitted with crown moldings and window treatments, stunning light fixtures, and magnificent nature views from almost every room. Whip up your favorite recipes in the signature kitchen, complete with stainless appliances, granite surfaces, and an eat-in kitchen. A 220 sq. ft. expansive screened terrace is perfect for sipping your morning coffee or toasting an evening sunset with it enviable western exposure. Membership to the Oaks is available and required, offering access to an amazing array of amenities including championship golf, tennis, dining venues to suit every occasion and elegant social occasions. Gulf Coast beaches are within easy reach, as well as the arts and cultural scene unique to Sarasota.

Last Agent to Sell the Property

Rosalie Phillips

MICHAEL SAUNDERS & COMPANY License #0491237

MICHAEL SAUNDERS & COMPANY

Co-Listed By

Joan McDevitt

License #3407899

Last Buyer's Agent

Cecile Coutret

MICHAEL SAUNDERS & COMPANY License #3396308

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 2004

Lot Details

  • East Facing Home

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Parking Garage Space
  • Open Parking
  • Reserved Parking

Home Design

  • Slab Foundation
  • Concrete Roof
  • Block Exterior
  • Pile Dwellings
  • Stucco

Interior Spaces

  • 2,203 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Storage Room
  • Ceramic Tile Flooring
  • Views of Woods

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, fidelity bond, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash
  • Lighthouse Property Management Susan Brown Association
  • Visit Association Website
  • 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
  • Community Storage Space
  • 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

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,297

Year Built

Built in 2004

Lot Details

0

HOA Fees

$222 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Fidelity Bond, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2203
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2423
  • Directions to Property: Tamiami Trail 1 mile south of Sarasota Sq. mall to west at entrance of Oaks Preserve/N Point Rd continue thru guard gate to 409 N Point Rd building # 4 on left. Unit #403 located on right side
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476352?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476352?w=Customer
  • Floor Number: 4
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93529
  • Price per Sq Ft: 180.44
  • Close to Original List Price Ratio: 0.93529
  • Ratio: Current Price\Building Area Total: 164.05
  • View: Yes
  • Co List Office Mls Id: 281502349
  • Co List Office Phone: 941-966-8000
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab, Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Window Features: Shutters
  • Street Number Modifier: 409
  • Room Count: 7
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • 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: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Reserved, Under Building
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Fire Hydrant, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • 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, Golf, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 665
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management-Susan Brown
  • Association: Yes
  • Security: Gated Community, Secured Garage/Parking, Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Association Website: LighthousePropertyManagement.com
  • Association Email: SusanBrown@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Amenities Additional Fees: Oaks membership is required
  • 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

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051307
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Application and $100 fee required
  • Num Timesper Year: 2
  • Pet Restrictions: No weight restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines.

Tax Info

  • Tax Annual Amount: 3296.69
  • Tax Lot: 403

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
0
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

Map

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 Type Sale Price Title Company
Warranty Deed $685,000 --
Warranty Deed $397,500 Attorney
Warranty Deed $225,000 Attorney
Warranty Deed $200,000 Attorney
Condominium Deed $400,000 All Florida Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $318,000 New Conventional
Previous Owner $512,000 Fannie Mae Freddie Mac
Previous Owner $140,000 Credit Line Revolving
Previous Owner $320,000 Purchase Money Mortgage
Closed $39,900 No Value Available
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

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

Source: Stellar MLS

MLS Number: A4476352

Stellar MLS

APN: 0133-05-1307