NOT LISTED FOR SALE

514 E MacEwen Dr Osprey, FL 34229

Estimated Value: $1,942,868 - $2,220,000

4 Beds
4.5 Baths
4,521 Sq Ft
$452/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $819,000 $181 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $12,659/month

282 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Screened Pool
  • Laurel Nokomis School Rated A-
  • Fitness Center
  • Gated Community

About This Home

As of March 2020

A leisurely lifestyle awaits from this elegant estate, ideally situated within the Oaks Club, a premiere county club community in Osprey. Nestled on a quiet, neighborhood street with picturesque views of a serene lake and golf course fairway, this versatile floor plan welcomes refined yet relaxed family living. Upon entrance, you are greeted by soaring ceilings, walls of glass and a flowing, open floor plan. The ambiance is light and bright with refined finishes and an easy flow of indoor/outdoor spaces. The chef’s kitchen boasts rich wood cabinetry, center island, walk-in pantry, and integrated appliances. A richly appointed wet bar makes entertaining a treat. The family room is spacious, emphasized by a kaleidoscope of natural light, extending onto the screened lanai. The master bedroom is an oasis of tranquility, with decorative wall trim, a bay window, and a master bath with Jacuzzi soaking tub. The pool terrace beckons for quiet afternoon swims, outdoor dining, and lounging on the sundrenched lanai. Covered entertaining areas encourage indoor activities to spill outside. The Oaks is a mandatory membership private country club and the seller is including a $40,000 social membership. Residents enjoy two 18-hole championship golf courses, 12 lighted Har-Tru tennis courts, Jr. Olympic pool, playground, croquet and multiple excellent dining choices to suit every occasion. Located conveniently to both downtown Sarasota and Venice as well as the powdery sands of several world-famous Gulf beaches.

Last Agent to Sell the Property

Barbara Najmy

STARZ REAL ESTATE, LLC License #3034679 Listed on: 05/13/2019

Last Buyer's Agent

Mark Lyda

GENEROUS PROPERTY License #3400771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,722

Year Built

  • Built in 1999

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Property fronts a private road
  • West Facing Home
  • Mature Landscaping
  • Property is zoned RE1

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway
  • Golf Cart Parking

Property Views

  • Lake
  • Woods
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,521 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Shutters
  • Drapes & Rods
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Accessible Home Design

  • Visitor Bathroom
  • Grip-Accessible Features
  • Accessible Approach with Ramp

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Tile

Schools

  • Laurel Nokomis Elementary School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Additional Features

  • Screened Patio
  • Property is near a golf course

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • $1,227 Other Monthly Fees
  • Hope Root Association, Phone Number (941) 460-5560
  • Visit Association Website
  • Oaks The Community
  • Oaks 2 Ph 4 B Pt 2 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,722

Year Built

Built in 1999

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4521
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1999
  • Accessibility Features: Accessible Approach with Ramp, Visitor Bathroom, Grip-Accessible Features
  • Building Area Total: 6007
  • Lot Size Sq Ft: 25000
  • Directions to Property: South on R41 (Tamiami Trl) to The Oaks entrance on the left (East) side. Show guard business card at gate then follow Mac Ewen Dr as it becomes “East” Mac Ewen Dr. Home is on right.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435957&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4435957&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Other Fees Amount: 3680
  • Call Center Phone Number: 941 308 7777
  • Ratio: Close Price\List Price: 0.96466
  • Price per Sq Ft: 181.15
  • Close to Original List Price Ratio: 0.86211
  • Ratio: Current Price\Building Area Total: 136.34
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Drapes, Shades, Shutters, Window Treatments
  • Street Number Modifier: 514
  • Room Count: 12
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure, Tile
  • Exterior Features: Hurricane Shutters
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Pool, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0228F
  • Waterfront Frontage: 1
  • Water Frontage Feet Lake: 1
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Side, Golf Cart Parking
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, No Truck/RV/Motorcycle Parking, Tennis Courts
  • Association Amenities: Fitness Center, Pool, Recreation Facilities
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association Name: Hope Root
  • Phone: 941 4605560
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Association Website: www.oaksclubside.com
  • Association Email: Hoperoot@mgmt.tx
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 16320
  • Monthly HOA Fee: 133.33
  • Total Monthly Fees: 1360

Schools

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 0140100012
  • Additional Parcels: No
  • Lot Features: Near Golf Course
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: Please see HOA Docs for additional restrictions
  • Num Timesper Year: 1
  • Pet Restrictions: County Leash Laws Apply - Please see HOA Docs for additional restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA Docs for additional restrictions

Tax Info

  • Tax Annual Amount: 8722
  • Tax Book Number: 39-1
  • Tax Lot: 65

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Manatee Investments Llc
Bought by
Omalley Thomas F and Omalley Cynthia Sue
Current Estimated Value
$2,043,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$958,910
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,053,395

Purchase Details

Closed on
Jun 2, 2021
Sold by
Abraham Joseph G and Abraham Cheryl L
Bought by
Manatee Investments Llc

Purchase Details

Listed on
May 13, 2019
Closed on
Mar 12, 2020
Sold by
Hall Dianne L and Thornton Robeit L
Bought by
Abraham Joseph G and Abraham Cheryl L
Seller's Agent
Barbara Najmy
STARZ REAL ESTATE, LLC
Buyer's Agent
Mark Lyda
GENEROUS PROPERTY
List Price
$950,000
Sold Price
$819,000
Premium/Discount to List
-$131,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Nov 1, 2017
Sold by
Hall Dianne L and Rhornton Robert L
Bought by
Irrevocable Hall Dianne L and Robert L Thornton Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1
Interest Rate
3.94%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Thornton Robert L
Bought by
Robert L Thornton Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Omalley Thomas F $2,100,000 --
Manatee Investments Llc $1,850,000 Attorney
Abraham Joseph G $819,000 First International Ttl Inc
Irrevocable Hall Dianne L -- Attorney
Robert L Thornton Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omalley Thomas F $1,000,000
Previous Owner Hall Dianne L $1
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $819,000 -3.5% $181 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
01/31/2020 01/31/20 Price Changed $849,000 -5.6% $188 / Sq Ft
08/06/2019 08/06/19 Price Changed $899,000 -5.4% $199 / Sq Ft
05/13/2019 05/13/19 For Sale $950,000 -- $210 / 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 $16,711 $1,503,480 -- --
2023 $16,711 $1,366,800 $400,000 $966,800
2022 $16,316 $1,325,400 $286,000 $1,039,400
2021 $9,808 $784,900 $250,000 $534,900
2020 $10,739 $808,500 $252,500 $556,000
2019 $8,992 $710,166 $0 $0
2018 $8,819 $696,924 $0 $0
2017 $8,788 $682,590 $0 $0
2016 $8,804 $728,700 $225,000 $503,700
2015 $8,965 $755,800 $212,500 $543,300
2014 $8,935 $648,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4435957

Stellar MLS

APN: 0140-10-0012