NOT LISTED FOR SALE

409 N Point Rd Unit 504 Osprey, FL 34229

Vamo Neighborhood

Estimated Value: $883,000 - $1,140,000

3 Beds
3 Baths
2,778 Sq Ft
2.41 Acre Lot

Sale Details

Date Sold: September 26, 2018

Last sale price $612,500 $220 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,654 / mo

Highlights

  • Golf Course Community
  • Fitness Center
  • Full Bay or Harbor Views
  • Riverview High School Rated A
  • Oak Trees
  • Custom Home

About This Home

As of September 2018

This condominium residence is the sought-after and rarely available Ducal model. With almost 2800 square feet of luxury and an enclosed terrace overlooking acres of waterfront preserves, one enjoys the beauty and serenity only the Meridian Towers in the Oaks Preserve offers. This beautifully appointed residence has three bedrooms, three full baths, a den or office, and a dining room. A designer kitchen with handsome granite countertops, stainless appliances, windows that capture the views, automatic storm shutters, an over-sized two-car garage, and a climate controlled additional storage room are a few of the special features. Security, privacy, luxury, and a resort swimming pool and spa, and fitness center are steps from your door. The Oaks is Sarasota's premier country club with two championship golf courses, 12 lighted Har-Tru tennis courts, a charming croquet lawn, social activities throughout the year, and gourmet and casual dining all in a traditional setting. Minutes from beaches, the arts, shopping and dining.

Last Agent to Sell the Property

Rosalie Phillips

MICHAEL SAUNDERS & COMPANY License #0491237 Listed on: 08/07/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Deborah Beacham

MICHAEL SAUNDERS & COMPANY License #3054769

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • End Unit
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking
  • Assigned Parking

Property Views

  • Full Bay or Harbor
  • Woods
  • Park or Greenbelt

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,778 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Thermal Windows
  • Shutters
  • Great Room
  • Family Room Off Kitchen
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Inside Utility
  • Security Gate

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, manager, pest control, private road, security, sewer, trash, water
  • Lighthouse Property Management Association, Phone Number (941) 966-6844
  • High-Rise Community
  • Meridian At The Oaks Preserve Community
  • Meridian At The Oaks Preserve Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions
  • Near Conservation Area
  • 10-Story Property

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

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

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,998

Year Built

Built in 2004

Lot Details

2.41 Acres

HOA Fees

$225 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Private Road, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2778
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3106
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4410529&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4410529&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit, High Rise
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 220.48
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 197.2
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Elevator, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 10
  • Window Features: Shutters, Thermal Windows, Storm Window(s)
  • Room Count: 6
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sidewalk, Storage
  • Roof: Membrane, Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Greenbelt, Trees/Woods, Water
  • Water Body Name: Gulf Of Mexico/Little Sarasota
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Water View: Bay/Harbor - Partial
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sewer Connected, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, 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, Gated Community, Golf, Pool, Sidewalk, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Gated, Golf Course, Maintenance, Pool, Security, Storage, Tennis Court(s)
  • Association Fee: 675
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management
  • Phone: 941-966-6844
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Secured Garage/Parking, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 2400
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 800
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 12300
  • Monthly HOA Fee: 225
  • Total Monthly Fees: 1025

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0133051312
  • Additional Parcels: No
  • Lot Features: Conservation Area, Sidewalk
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: Please see Association Documents for Restrictions/Guidelines
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see Association Documents for Restrictions/Guidelines

Tax Info

  • Tax Annual Amount: 4998
  • Tax Lot: 504

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Bought by
Current Estimated Value
$915,017

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 26, 2018
Sold by
Bought by
Seller's Agent
Rosalie Phillips
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Deborah Beacham
MICHAEL SAUNDERS & COMPANY
List Price
$612,500
Sold Price
$612,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%

Purchase Details

Listed on
Jul 19, 2013
Closed on
Oct 31, 2013
Sold by
Bought by
Seller's Agent
Betty Mullinnix
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jeffrey Lacey
LACEY REALTY INC
List Price
$549,900
Sold Price
$450,000
Premium/Discount to List
-$99,900
-18.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$300,000
Interest Rate
0.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
0.0325%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.01%
Mortgage Type
New Conventional
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
$612,500 Msc Title Inc
$450,000 Attorney
-- Attorney
$350,000 Attorney
$620,000 All Florida Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $300,000
Closed $150,000
Closed $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $612,500 0.0% $220 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $612,500 +36.1% $220 / Sq Ft
10/31/2013 10/31/13 Sold $450,000 -18.2% $162 / Sq Ft View Prior Sale
10/17/2013 10/17/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $549,900 -- $198 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,842 $838,400 -- $838,400
2024 $5,616 $470,800 -- --
2023 $5,616 $457,087 $0 $0
2022 $5,422 $443,774 $0 $0
2021 $5,420 $430,849 $0 $0
2020 $5,437 $424,900 $0 $424,900
2019 $5,367 $423,500 $0 $423,500
2018 $5,019 $396,486 $0 $0
2017 $4,998 $388,331 $0 $0
2016 $5,018 $401,600 $0 $401,600
2015 $5,106 $377,700 $0 $377,700
2014 $5,271 $319,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4410529

Stellar MLS

APN: 0133-05-1312

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