NOT LISTED FOR SALE

500 Oak Bay Dr Osprey, FL 34229

Estimated Value: $664,000 - $728,712

3 Beds
2.5 Baths
2,459 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $700,000 $285 Per Sq Ft

Current estimated payment $4,534/month

73 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Laurel Nokomis School Rated A-
  • Family Room Off Kitchen
  • French Doors

About This Home

As of January 2022

This is the one you have been waiting for! Hailed as the most desirable lot in Bay Oaks Estates on the very end of the cul-de-sac sits this stunning 3 bedroom 2 and 1/2 bathroom + large den, 3 car garage, and pool home. Entering through the front door you will immediately notice the high cathedral ceiling, with many windows and glass doors along with the skylight in the kitchen giving this home a bright and airy atmosphere. Kitchen has been fully updated with all new cabinets, countertop and stainless steel appliances. Home has new vinyl plank flooring throughout. Split floor plan with the large master bedroom on the right side of the home featuring walk-in closets, double sink and slider leading to the pool deck. Guests bedrooms are on the left, with an updated guest bathroom off the hallway. French doors lead to the large den in the back that can be used for a home office or 4th bedroom, if needed. Screened-in pool has access to a half bath from the pool deck and a large covered area perfect for outside seating/entertaining. Pool cage was painted and re-screened in 2021. Newly shelled backyard up against the preserve makes this a very private and peaceful backyard setting. Roof and A/C are both newly installed in 2021. An extra large laundry room is located in the hallway off of the garage. Additional storage room is behind the laundry room with access from the garage. You can access the Legacy Trail directly from the neighborhood, no need for bike racks or cars! Bay Oaks Estates is a wonderful, friendly, well-established community with fair deed restrictions, an HOA fee of only $250 a year and no other fees. This home is minutes from world-renowned Pine View school, multiple area beaches including #1 rated Siesta Key, Nokomis Beach, shopping, restaurants and the soon-to-open, newly constructed, Sarasota Memorial Hospital on Laurel Road. Put this one on the top of your list!

Last Agent to Sell the Property

Marlin Yoder

HARRY ROBBINS ASSOC INC License #3393617 Listed on: 10/29/2021

Last Buyer's Agent

Brian Meskil

SAMSON COMPANIES, LLC License #3017619

SAMSON COMPANIES, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 1996

Lot Details

  • 0.36 Acre Lot
  • West Facing Home
  • Property is zoned RSF2

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • French Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • Sunstate Managem Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Bay Oaks Estates Community
  • Bay Oaks Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 1996

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2459
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 15499
  • Directions to Property: East on Preymore to South on Oak Bay Dr house is on the end of the cul-de sac
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4516426?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4516426?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01464
  • Price per Sq Ft: 284.67
  • Close to Original List Price Ratio: 1.01464
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 500
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0229F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: Sunstate Managem
  • Phone: 941-870-4920
  • Association: Yes
  • Senior Community: No
  • Association Website: https://www.mybayoakshoa.com
  • Association Email: brian@sunstatemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 250
  • Monthly HOA Fee: 20.83
  • Total Monthly Fees: 20.83

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0140160015
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per Association rules - check with manager

Tax Info

  • Tax Annual Amount: 3202
  • Tax Book Number: 36-47
  • Tax Lot: 2149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Jan 26, 2022
Sold by
Vernon Borntreger
Bought by
Kimberly S Lee Revocable Living Trust
Seller's Agent
Marlin Yoder
HARRY ROBBINS ASSOC INC
Buyer's Agent
Brian Meskil
SAMSON COMPANIES, LLC
List Price
$689,900
Sold Price
$700,000
Premium/Discount to List
$10,100
1.46%
Current Estimated Value
$701,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,678
Avg. Annual Appreciation
2.00%

Purchase Details

Closed on
Sep 27, 2021
Sold by
Boraggina Jean
Bought by
Borntreger Vernon

Purchase Details

Closed on
Dec 22, 2020
Sold by
County Of Sarasota
Bought by
Borntreger Vernon

Purchase Details

Closed on
Jun 29, 1998
Sold by
Butler Terry R and Btler Pamela
Bought by
Boraggina Jean
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
Kimberly S Lee Revocable Living Trust $700,000 None Listed On Document
Borntreger Vernon -- Attorney
Borntreger Vernon $251,000 None Available
Boraggina Jean $229,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $700,000 +1.5% $285 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $689,900 -1.4% $281 / Sq Ft
12/27/2021 12/27/21 Off Market $700,000 -- --
11/23/2021 11/23/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $689,900 0.0% $281 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $689,900 -- $281 / 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 $7,514 $603,700 $171,000 $432,700
2023 $7,514 $592,400 $160,400 $432,000
2022 $6,184 $554,900 $155,100 $399,800
2021 $4,683 $340,600 $80,300 $260,300
2020 $3,202 $251,521 $0 $0
2019 $3,086 $245,866 $0 $0
2018 $3,007 $241,282 $0 $0
2017 $2,992 $236,319 $0 $0
2016 $2,994 $298,000 $80,800 $217,200
2015 $3,043 $288,700 $74,300 $214,400
2014 $3,031 $224,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4516426

Stellar MLS

APN: 0140-16-0015