NOT LISTED FOR SALE

516 Meadow Sweet Cir Osprey, FL 34229

Estimated Value: $524,000 - $613,000

3 Beds
2 Baths
1,755 Sq Ft
$316/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $393,000 $224 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,559/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Home fronts a pond
  • Open Floorplan
  • Laurel Nokomis School Rated A-
  • Pond View
  • Clubhouse

About This Home

As of September 2020

What a view! Set in one of the most charming sought-after cul-de-sac neighborhoods called the “Cottages” of Rivendell, this 3-bedroom, 2-bath residence with an expansive enclosed Florida sunroom that captures the beauty outside is simply breathtaking. Magnificently renovated over the years and freshly cleaned and painted recently, this home is filled with custom details including exotic marble countertops and backsplash, dramatic 12-foot tray ceilings, recessed feature walls with spotlighting, wood cabinets with soft-close, stainless steel appliances, plantation shutters, bar area with 30-bottle wine fridge, water filtration system, and an extra-large eat-in island perfect for entertaining and taking in the beautiful views. The wonders continue outside where you can enjoy listening to the birds serenading you with song and the soft trickling of the fountain. The Cottages of Rivendell is a neighborhood of 84 maintenance-free single-family homes with a community clubhouse and heated resort pool. Located perfectly between Venice and Sarasota, you have a plethora of options when it comes to beaches, boating, biking. walking trails shopping, restaurants and top-rated hospitals. No CDD fees! Look no further than this beautiful, move-in ready residence set on a truly captivating setting.

Last Buyer's Agent

Ginny Powers

RE/MAX PALM REALTY OF VENICE License #3381218

RE/MAX PALM REALTY OF VENICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 2001

Lot Details

  • 6,050 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Street terminates at a dead end
  • West Facing Home
  • Wood Fence
  • Property is zoned PUD

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Shade Shutters
  • Shades
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Filtration System

Additional Features

  • Reclaimed Water Irrigation System
  • Exterior Lighting
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, ground maintenance, pool maintenance, recreational facilities
  • $124 Other Monthly Fees
  • Lighthouse Management Association, Phone Number (941) 966-6844
  • Rivendell Community
  • Rivendell Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

Built in 2001

Lot Details

0

HOA Fees

$221 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Grounds, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1755
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2713
  • Lot Size Sq Ft: 6050
  • Directions to Property: US 41 to Old Venice Road, turn right into Rivendell. Take 1st left and then turn right onto Meadow Sweet Circle. The home is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474153?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4474153?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 371
  • Ratio: Close Price\List Price: 1.048
  • Price per Sq Ft: 223.93
  • Close to Original List Price Ratio: 1.048
  • Ratio: Current Price\Building Area Total: 144.86
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Tile, Travertine
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shades, Shutters, Shade Shutter(s)
  • Street Number Modifier: 516
  • Room Count: 7
  • Additional Rooms: Florida Room

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Pond: 50
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Special Community Restrictions
  • Association Amenities: Clubhouse, Fence Restrictions, Maintenance, Pool, Vehicle Restrictions
  • Association Fee: 663
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Management
  • Phone: 941-966-6844
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Semi Annual
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3394
  • Monthly HOA Fee: 221
  • Total Monthly Fees: 282.83

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0150130048
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: See Rules & Regs
  • Pet Restrictions: All dogs must be leashed. See Association Rules and Regs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Rules & Regs

Tax Info

  • Tax Annual Amount: 2767.79
  • Tax Book Number: 38-3
  • Tax Lot: 14

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 17, 2020
Sold by
Morris Laura K
Bought by
Stevens Jane
Buyer's Agent
Ginny Powers
RE/MAX PALM REALTY OF VENICE
List Price
$375,000
Sold Price
$393,000
Premium/Discount to List
$18,000
4.8%
Current Estimated Value
$553,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,880
Avg. Annual Appreciation
6.95%
Original Mortgage
$235,800
Outstanding Balance
$212,088
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$336,320

Purchase Details

Closed on
Sep 14, 2018
Sold by
Burbol Charles J and Morris Laura K
Bought by
Morris Laura K

Purchase Details

Closed on
Apr 18, 2016
Sold by
Arendt Tracy
Bought by
Burbol Charles J and Morris Laura K

Purchase Details

Closed on
Mar 1, 2016
Bought by
Burbol Charles J

Purchase Details

Closed on
Oct 25, 2000
Sold by
D P M Assoc Inc
Bought by
Arendt Margery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
7.93%

Purchase Details

Closed on
Jun 9, 1997
Sold by
B F M Home Designers & Bldr Inc
Bought by
D P M Assoc Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Stevens Jane $393,000 Attorney
Morris Laura K -- Attorney
Burbol Charles J $333,000 Attorney
Burbol Charles J -- --
Arendt Margery $55,600 --
D P M Assoc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Jane $235,800
Previous Owner Arendt Margerty $64,000
Previous Owner Arendt Margery $170,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $393,000 +4.8% $224 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $375,000 -- $214 / 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 $3,837 $332,517 -- --
2023 $3,837 $322,832 $0 $0
2022 $3,696 $313,429 $0 $0
2021 $3,675 $304,300 $96,200 $208,100
2020 $2,877 $230,558 $0 $0
2019 $2,768 $225,374 $0 $0
2018 $2,694 $221,172 $0 $0
2017 $2,680 $216,623 $0 $0
2016 $2,578 $241,600 $72,600 $169,000
2015 $2,621 $237,000 $69,500 $167,500
2014 $2,590 $195,264 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginny Powers

    Buyer's Agent in 2020

    Ginny Powers

    RE/MAX

    (941) 787-4887

    1 in this area

    138 Total Sales

    Ginny Powers
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Map

Source: Stellar MLS

MLS Number: A4474153

Stellar MLS

APN: 0150-13-0048

Florida Sarasota County Osprey 34229

516 Meadow Sweet Cir, Osprey, FL

This home is located at 516 Meadow Sweet Cir, Osprey, FL 34229 since 03 August 2020 and is currently estimated at $553,880, approximately $315 per square foot. This property was built in 2001. 516 Meadow Sweet Cir is a home located in Sarasota County with nearby schools including Laurel Nokomis School and Venice High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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