505 S Osprey Ave Sarasota, FL 34236
Downtown Sarasota Neighborhood
4
Beds
4.5
Baths
2,683
Sq Ft
5,887
Sq Ft Lot
Highlights
- Property is near a marina
- Heated In Ground Pool
- Custom Home
- Southside Elementary School Rated A
- The property is located in a historic district
- 1-minute walk to Laurel Park
About This Home
As of June 2024Chic, modern farmhouse design in downtown Sarasota’s historic Laurel Park. Excellent location close to everything that makes Sarasota one of the best places to live and visit — the bayfront, beaches, airport, dining, shopping and the arts. Live, work, play with income potential from the studio apartment over the detached garage. Offering 2,608 square feet of living space, the open floor plan on the first floor includes a large living room, dining room and a high-end kitchen. The living room flows into a private backyard oasis with a heated pool and outdoor courtyard. Historic Laurel Park is a wonderfully walkable neighborhood within one mile of two grocery stores, Bayfront Park, Sarasota recreational trail, city marina, farmers market, shopping, dining and a variety of yoga/fitness studios. Come make this modern downtown oasis home.
Last Agent to Sell the Property
PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0354182 Listed on: 04/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,229
Year Built
- Built in 2017
Lot Details
- 5,887 Sq Ft Lot
- West Facing Home
- Fenced
- Corner Lot
- Level Lot
- Irrigation
- Landscaped with Trees
- Property is zoned RSM9
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
- Open Parking
Home Design
- Custom Home
- Key West Architecture
- Bungalow
- Stem Wall Foundation
- Wood Frame Construction
- Metal Roof
- Block Exterior
Interior Spaces
- 2,683 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar Fridge
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Sliding Doors
- Family Room Off Kitchen
Kitchen
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated In Ground Pool
- Saltwater Pool
Outdoor Features
- Property is near a marina
- Balcony
- Deck
- Patio
- Outdoor Kitchen
- Exterior Lighting
- Outdoor Grill
- Porch
Location
- Property is near public transit
- The property is located in a historic district
- City Lot
Utilities
- Central Heating and Cooling System
- Thermostat
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Pos Sub Of Blks G & H Subdivision
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 2027090112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 15, 2013
Sold by
Kippenman Sue M and Pighini Sue Morgan
Bought by
Lovrien Phyllis A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$493,741
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,951,627
Purchase Details
Closed on
Mar 6, 2008
Sold by
Kipperman Sue M
Bought by
Kipperman Sue M and The Sue M Kipperman Revocable Trust
Purchase Details
Closed on
Feb 12, 2007
Sold by
Kanaya Llc
Bought by
Kipperman Robert P and Kipperman Sue M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Sarasota, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,125,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $900,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $450,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2024 06/24/24 | Sold | $2,400,000 | -7.7% | $895 / Sq Ft |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $2,599,000 | +48.5% | $969 / Sq Ft |
| 06/21/2021 06/21/21 | Sold | $1,750,000 | +3.2% | $652 / Sq Ft |
| 04/29/2021 04/29/21 | Pending | -- | -- | -- |
| 04/29/2021 04/29/21 | For Sale | $1,695,000 | +41.3% | $632 / Sq Ft |
| 08/07/2017 08/07/17 | Off Market | $1,200,000 | -- | -- |
| 05/09/2017 05/09/17 | Sold | $1,200,000 | -6.4% | $460 / Sq Ft |
| 03/08/2017 03/08/17 | Pending | -- | -- | -- |
| 01/27/2017 01/27/17 | For Sale | $1,281,999 | -- | $492 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $20,517 | $1,296,527 | -- | -- |
| 2023 | $20,517 | $1,604,100 | $0 | $1,604,100 |
| 2022 | $22,866 | $1,548,000 | $0 | $1,548,000 |
| 2021 | $15,517 | $974,100 | $0 | $974,100 |
| 2020 | $15,817 | $967,700 | $0 | $967,700 |
| 2019 | $16,407 | $1,007,400 | $0 | $1,007,400 |
| 2018 | $15,464 | $945,300 | $0 | $945,300 |
| 2017 | $15,612 | $945,300 | $0 | $945,300 |
| 2016 | $15,223 | $900,300 | $0 | $900,300 |
| 2015 | $15,340 | $887,300 | $0 | $887,300 |
| 2014 | $14,278 | $574,420 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Cole Collins
COLDWELL BANKER REALTY
(941) 350-8360
12 in this area
101 Total Sales
-
Buyer's Agent in 2024
Nicole Kroenig
COLDWELL BANKER REALTY
(941) 447-8124
2 in this area
12 Total Sales
-
Seller's Agent in 2021
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 356-8428
37 in this area
186 Total Sales
-
Buyer's Agent in 2021
Argelia Vidal
COLDWELL BANKER REALTY
(734) 218-4536
3 in this area
242 Total Sales
-
Seller's Agent in 2017
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 313-1301
31 in this area
120 Total Sales
-
Buyer's Agent in 2017
Jennifer Linehan
Michael Saunders
(941) 266-7555
13 in this area
100 Total Sales
Map
Source: Stellar MLS
MLS Number: A4499316
APN: 2027-10-4020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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