NOT LISTED FOR SALE

501 S Creek Dr Osprey, FL 34229

Estimated Value: $1,189,370 - $1,932,000

4 Beds
3 Baths
2,956 Sq Ft
$508/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $960,000 $325 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,010/month

71 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • Boat Slip Deeded
  • Laurel Nokomis School Rated A-
  • Access To Intracoastal Waterway
  • Boat Lift

About This Home

As of March 2015

A wonderful opportunity awaits you with this tastefully updated canal front home just 2 homes away from the bay. Located within the gated enclave of South Creek, conveniently located half way between Venice and Sarasota so you have so many options of beaches, restaurants and shopping. This home has been updated and upgraded in so many areas, from the gorgeous kitchen with it's granite counters and stainless appliances to its new hurricane resistant windows and salt water pool with solar heating. The second story is comprised of an amazing 900 square foot owners retreat, including an office area, another tv/reading room, a studio area that could be used for working out or hobbies, huge walk in closet, dual sink master bath with separate tub and shower as well as a large storage area. All with views of the bay and of South Creek. The main level has 3 additional bedrooms, 2 additional full baths, family room, informal dining, formal dining and living room (with fireplace and built ins). Lots of windows to give you views of the water from virtually every room, and plenty of sliders to access the pool deck and the serenity outside. Updated decking on the dock, updated lift with water and electricity, newer roof and hurricane windows. Granite in kitchen and baths combined with upper end stainless appliances in the kitchen. Resurfaced pool converted to salt water and beautiful protile pool decking. All you need to do is bring your boat and your kayaks!! Chandelier in dining room does NOT convey.

Last Agent to Sell the Property

John Mooney

RE/MAX ALLIANCE GROUP License #3271154 Listed on: 11/03/2014

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Joshua Beckmann

BECKMANN REAL ESTATE License #0412490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,269

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a saltwater canal
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Canal

Home Design

  • Bi-Level Home
  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,956 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Fishing Pier
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Boat Slip Deeded
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 0158100001

Community Details

Overview

  • Association fees include private road, recreational facilities
  • South Creek Community
  • South Creek Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,269

Year Built

Built in 1980

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2956
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3981
  • Lot Size Sq Ft: 12084
  • Directions to Property: 41 to North Lane (Bentley's Hotel). West on North Lane about 1/2 mile to the entrance to South Creek development. Continue straight to the first stop sign. Left at stop sign and follow to 501 South Creek on your left.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1047756
  • RATIO Current Price By Calculate: 324.76
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 501
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms
  • Room Count: 13

Exterior Features

  • Pool Features: Auto Cleaner, Heated, In Ground, Salt Water, Solar Heat
  • Exterior Features: Sliding Doors, Irrigation System
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: SOUTH CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater,Intracoastal Waterway
  • Water Extras: Bridges - No Fixed Bridges,Dock - Slip Deeded On-Site,Fishing Pier,Lift,Sailboat Water
  • Water Extras YN: 1
  • Water View: Canal,Intracoastal Waterway,Bay/Harbor - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 100

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Gated, Playground, Tennis Courts
  • Association Amenities: Dock, Gated, Playground, Tennis Court(s)
  • Association Fee: 685
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 57.08

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158100001
  • Additional Parcels: No
  • Lot Features: FloodZone, Private
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7269
  • Tax Book Number: 25-15
  • Tax Lot: 21

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2015
Sold by
Weeks Jason
Bought by
Weeks Jason M and The Jason M Weeks Trust
Current Estimated Value
$1,501,593

Purchase Details

Listed on
Nov 3, 2014
Closed on
Mar 2, 2015
Sold by
Stevens Scott B and Stevens Heidi L
Bought by
Weeks Jason
Seller's Agent
John Mooney
RE/MAX ALLIANCE GROUP
Buyer's Agent
Joshua Beckmann
BECKMANN REAL ESTATE
List Price
$1,025,000
Sold Price
$960,000
Premium/Discount to List
-$65,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$768,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Blalock O Thazter and Blalock Willett D
Bought by
Stevens Scott B and Stevens Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1998
Sold by
Lynd L Grant
Bought by
Blalock O Thaxter and Blalock Willett D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.97%
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
Weeks Jason M -- Attorney
Weeks Jason $960,000 Sarasota Title Services Inc
Stevens Scott B $925,000 Attorney
Blalock O Thaxter $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weeks Jason M $900,000
Closed Weeks Jason $768,000
Previous Owner Stevens Scott B $417,000
Previous Owner Stevens Scott B $273,000
Previous Owner Stevens Scott B $712,000
Previous Owner Stevens Scott B $740,000
Previous Owner Blalock O Thaxter $185,000
Previous Owner Blalock O Thaxter $150,000
Previous Owner Blalock O Thaxter $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $960,000 -- --
03/02/2015 03/02/15 Sold $960,000 -6.3% $325 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $1,025,000 -- $347 / 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 $9,442 $856,825 -- --
2023 $9,442 $814,587 $0 $0
2022 $9,270 $790,861 $0 $0
2021 $9,227 $767,826 $0 $0
2020 $9,290 $757,225 $0 $0
2019 $9,013 $740,200 $420,300 $319,900
2018 $9,063 $744,400 $419,500 $324,900
2017 $9,664 $779,100 $429,200 $349,900
2016 $10,421 $822,900 $452,800 $370,100
2015 $7,252 $804,900 $452,800 $352,100
2014 $7,270 $554,062 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4107544

Stellar MLS

APN: 0158-10-0001