$720,000
SOLD JUN 16, 2025

518 Luminary Blvd Osprey, FL 34229

4 Beds
3 Baths
2,320 Sq Ft
10,018 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

9% Below List Price

130 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Home fronts a pond
  • Laurel Nokomis School Rated A-
  • Heated In Ground Pool
  • Florida Architecture

About This Home

As of June 2025

Discover the perfect blend of comfort and sophistication in this meticulously maintained home located in the highly desirable Willowbend community. The striking architecture of the Ashley floor plan, complete with a rare three-car garage with epoxy floor, enhances the property’s curb appeal. Enjoy peace of mind with hurricane impact-rated doors, windows and sliders throughout the residence. Step into a serene oasis featuring breathtaking wide lake views overlooking a heated pool and spa, complemented by coveted southern exposure that invites an abundance of natural light and showcases vibrant wildlife. The interior boasts custom features, including crown molding, elegant tray ceilings and exquisite wood and tile flooring with marble inlays. This spacious four-bedroom, three-bath home includes a chef's kitchen outfitted with trending lighter cabinets and stainless steel appliances, as well as a cozy eat-in area with an aquarium window that beautifully frames the pool and lake views. The owner's suite serves as a true sanctuary, offering two walk-in closets and a luxurious bath complete with dual sinks, a walk-in shower, a soaker tub and a separate toilet for added privacy. Thoughtfully designed with a split floor plan, the home ensures guests enjoy ample separation from the owner's suite for optimal comfort. A full-size laundry room adds to the home’s convenience. This exceptional residence is a blank canvas for an extraordinary lifestyle, conveniently located near downtown Venice and Sarasota, beautiful beaches, Pine View School and the Legacy Trail. With no CDD fees and situated in a preferred X flood zone, the low community fees cover ground maintenance, irrigation and access to a community pool and spa, gym, pickleball courts, as well as high-speed internet and cable. Embrace the lifestyle you’ve always dreamed of in this stunning Willowbend home. Seller will be contributing up to 2% towards a 2/1 INTEREST RATE BUY DOWN for buyer at closing.

Last Agent to Sell the Property

Tamara Currey

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3207646 Listed on: 01/06/2025

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Courtney Green

PREMIER SOTHEBYS INTL REALTY License #0699035

PREMIER SOTHEBYS INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,522

Year Built

  • Built in 2005

Lot Details

  • 10,018 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Mature Landscaping
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,320 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shades
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • In Wall Pest System

Eco-Friendly Details

  • Irrigation System Uses Rainwater From Ponds

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, internet, ground maintenance, recreational facilities
  • Cherie Colvin Association, Phone Number (941) 361-1222
  • Visit Association Website
  • Built by Lee Wetherington
  • Willowbend Ph 3 Subdivision, Ashley Floorplan
  • Willow Bend Community
  • The community has rules related to deed restrictions

Recreation

  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,522

Year Built

Built in 2005

Lot Details

0

HOA Fees

$410 per month

Parking

3

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Internet, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2320
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3338
  • Lot Size Sq Ft: 10018
  • Directions to Property: From US-41 (Tamiami Tr.) turn East onto Luminary Blvd., the home will be on your R.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 537903989
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 310.34
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-364-4000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Storm Window(s), Shades, Shutters, Window Treatments
  • Street Number Modifier: 518
  • Living Area Meters: 215.53
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Lighting
  • Exterior Features: Hurricane Shutters, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Lake,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0236G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Park, Playground, Pool, Sidewalks, Street Lights
  • Association Amenities: Basketball Court, Cable TV, Park, Pickleball Court(s), Playground, Pool, Spa/Hot Tub
  • Association Fee: 410
  • Association Fee Frequency: Monthly
  • Association Name: Cherie Colvin
  • Phone: 9413611222
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See HOA Documents. Buyer to verify pet restrictions with HOA.
  • Association Fee Requirement: Required
  • Association Email: cherie.colvin@sentrymgt.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.willowbendcommunity.com

Fee Information

  • Total Annual Fees: 4920.00
  • Total Monthly Fees: 410.00
  • Monthly HOA Amount: 410.00

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0156030022
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Landscaped, Sidewalk, Paved
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 931
  • Zoning Compatible YN: 1

Green Features

  • Green Water Conservation: Irrig. System-Rainwater from Ponds
  • Green Verification Count: 0

Building Info

  • Builder Name: Lee Wetherington

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify lease restrictions with HOA.

Tax Info

  • Tax Annual Amount: 4522.19
  • Tax Lot: 76

Multi Family

  • Waterfront Features: Lake Front, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
Jun 16, 2025
Sold by
Asakura Kenji T and Asakura Jeanne D
Bought by
Garlitz Family Trust and Garlitz
Seller's Agent
Tamara Currey
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Courtney Green
PREMIER SOTHEBYS INTL REALTY
List Price
$789,000
Sold Price
$720,000
Premium/Discount to List
-$69,000
-8.75%
Views
143
Current Estimated Value
$729,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,044
Avg. Annual Appreciation
22.77%

Purchase Details

Closed on
Oct 12, 2004
Sold by
Lee Wetherington Development Inc
Bought by
Asakura Kenji T and Asakura Jeanne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $720,000 Opus Title Llc
Special Warranty Deed $117,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $170,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $720,000 -3.9% $310 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $749,000 -2.6% $323 / Sq Ft
04/02/2025 04/02/25 Price Changed $769,000 -0.8% $331 / Sq Ft
02/15/2025 02/15/25 Price Changed $775,000 -1.8% $334 / Sq Ft
01/06/2025 01/06/25 For Sale $789,000 -- $340 / 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 $4,379 $394,619 -- --
2023 $4,379 $383,125 $0 $0
2022 $4,269 $371,966 $0 $0
2021 $4,232 $361,132 $0 $0
2020 $4,249 $356,146 $0 $0
2019 $4,103 $348,139 $0 $0
2018 $3,808 $325,639 $0 $0
2017 $3,790 $318,941 $0 $0
2016 $3,779 $365,800 $113,600 $252,200
2015 $3,849 $362,100 $108,600 $253,500
2014 $3,834 $303,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4633812

Stellar MLS

APN: 0156-03-0022