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
- Additional Residence on Property
- Property is near a marina
- Heated In Ground Pool
- Southside Elementary School Rated A
- Home Theater
- 1-minute walk to Laurel Park
About This Home
As of June 2024Welcome to 505 South Osprey Avenue, a stunning property located in the picturesque and historic neighborhood of Laurel Park, right in the heart of Downtown Sarasota. This exceptional residence offers a unique lifestyle, reminiscent of a private compound within the city's core. Featuring a main house, guest house, two-car garage, and an enchanting outdoor entertainment space, this property promises a truly unparalleled living experience.
As you enter the main house, you will be captivated by the open floor plan that highlights a chef's kitchen equipped with top-of-the-line appliances, including a Thermador wine cooler and Bosch coffee machine. The kitchen flows seamlessly into the great room, which is adorned with wood plank ceilings and a 42-inch linear gas fireplace, creating a warm and inviting atmosphere. Adjacent to the kitchen and great room is a separate dining room with a coffered ceiling and floor-to-ceiling windows, providing a beautiful setting for entertaining guests with an abundance of natural light.
One of the home's most distinguished features is the rare inclusion of a FIRST-FLOOR primary bedroom and bathroom, offering convenience and sophistication. This primary suite boasts soaring ceilings, a spacious walk-in closet, and luxurious spa-like bath amenities, offering a tranquil retreat for relaxation.
Upstairs, a private bonus/media room provides ample space for leisure activities, while two additional bedrooms with en-suite baths ensure comfort and privacy for family or guests. Adding to the charm of this residence is the fourth bedroom, located above the garage in the in-law suite. This suite offers a Uline beverage center, private bath, and a delightful balcony, exuding comfort and hospitality.
The indoor/outdoor living experience of this home is exceptional. The great room features sliders that open to the covered lanai, where electronic floor-to-ceiling screens allow for a seamless integration of indoor and outdoor spaces. The natural-toned travertine deck leads to a refreshing pool and a heated spa, perfect for daytime relaxation or evening enjoyment. The outdoor summer kitchen, fully equipped for culinary adventures, invites cooking and dining under the sun or stars.
Discover why 505 South Osprey Avenue is one of the most unique and desirable homes in one of Florida's finest locations, Downtown Sarasota. This property is not just a home, but a lifestyle waiting to be experienced.
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-349-4411 License #3385219 Listed on: 05/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,159
Year Built
- Built in 2017
Lot Details
- 5,887 Sq Ft Lot
- West Facing Home
- Fenced
- Private Lot
- Corner Lot
- Level Lot
- Irrigation
- Landscaped with Trees
- Property is zoned RSM9
Parking
- 2 Car Garage
- Garage Apartment
- Garage Door Opener
- Driveway
Home Design
- Stem Wall Foundation
- Metal Roof
Interior Spaces
- 2,683 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar Fridge
- Ceiling Fan
- Gas Fireplace
- Blinds
- Sliding Doors
- Family Room Off Kitchen
- Formal Dining Room
- Home Theater
- Den
- Loft
- Inside Utility
- City Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Travertine
- 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 Storage
- Outhouse
- Outdoor Grill
- Porch
Additional Homes
- Additional Residence on Property
Location
- Property is near public transit
- The property is located in a historic district
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
- 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
$488,940
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,956,428
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
-
Cole Collins
Seller's Agent in 2024
Cole Collins
COLDWELL BANKER REALTY
(941) 350-8360
12 in this area
101 Total Sales
-
Nicole Kroenig
Buyer's Agent in 2024
Nicole Kroenig
COLDWELL BANKER REALTY
(941) 447-8124
2 in this area
12 Total Sales
-
Peter G. Laughlin
Seller's Agent in 2021
Peter G. Laughlin
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 356-8428
37 in this area
186 Total Sales
-
Argelia Vidal
Buyer's Agent in 2021
Argelia Vidal
COLDWELL BANKER REALTY
(734) 218-4536
3 in this area
242 Total Sales
-
Robert Sherman
Seller's Agent in 2017
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 313-1301
31 in this area
120 Total Sales
-
Jennifer Linehan
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: A4610613
APN: 2027-10-4020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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