NOT LISTED FOR SALE

524 S Creek Dr Osprey, FL 34229

Estimated Value: $971,348 - $1,070,000

5 Beds
3.5 Baths
3,092 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $904,000 $292 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,462/month

5 Days on Market

Highlights

  • Parking available for a boat
  • Access to Bay or Harbor
  • Fishing
  • Laurel Nokomis School Rated A-
  • Private Pool
  • Gated Community

About This Home

As of October 2021

Paradise awaits. Located in the neighborhood of South Creek, a boutique enclave community nestled into the edge of Sarasota Bay, this unique Key West style home possesses a front elevation filled with tropical island charm highlighted by a multi-tiered metal roof, parking portico, tropical landscaping, and a raised front porch. Boasting five bedrooms, three and one-half bathrooms, this spacious home offers over 3,000 square feet of living space comprised of a combination of large gathering rooms and intimate private spaces. The ground floor features the master suite, kitchen with eating space, living room, separate dining room, two bedrooms and one bathroom plus inside utility. The charm continues onto the second floor with a family room, one and one-half bathrooms, two bedrooms and an upper crow's nest perfect for meditation, creating art, or enjoying refreshments on the outdoor balcony for sunset views. The setting of this home is enhanced with a lushly landscaped backyard featuring a private outdoor oasis including paver lanai, pool, hot tub and outdoor shower. Storage is abundant in this home and it is equipped with an oversized two-car garage with extra workspace or length for a boat trailer. Be a part of this family-friendly gated waterfront community that offers its residents tennis courts, basketball courts, a volleyball court, playground and a fishing pier plus day docks.

Last Agent to Sell the Property

Bogdan Osipov

OSIPOV GROUP REAL ESTATE License #3305013 Listed on: 09/02/2021

Last Buyer's Agent

Bogdan Osipov

OSIPOV GROUP REAL ESTATE License #3305013 Listed on: 09/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Property is zoned RSF2

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Portico
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Home Design

  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,092 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Access to Bay or Harbor
  • Open Dock
  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include manager, recreational facilities
  • Pinnacle Management Association, Phone Number (941) 444-7090
  • South Creek Community
  • South Creek Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Playground
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,479

Year Built

Built in 2004

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • HOA Fee Includes: Manager, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3092
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 4590
  • Lot Size Sq Ft: 11031
  • Directions to Property: South of Hwy 41. West on North Lane. Follow into South Creek neighborhood. Left on S. Creek Dr. Follow around. House on right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511335?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511335?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00444
  • Price per Sq Ft: 292.37
  • Close to Original List Price Ratio: 1.00444
  • Ratio: Current Price\Building Area Total: 196.95
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Solid Surface Counters, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Three Or More
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 524
  • Room Count: 12

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, French Doors, Lighting, Rain Gutters
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Dock - Open
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Oversized, Portico
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Natural Gas Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community, Playground, Water Access
  • Association Fee: 1160
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle Management
  • Phone: 941.444.7090
  • Association: Yes
  • Senior Community: No
  • Association Email: hello@pinnaclecam.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1160
  • Monthly HOA Fee: 96.67
  • Total Monthly Fees: 96.67

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0158090028
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Buyer Application, Buyer to contact HOA to verify information.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See South Creek rules and regulations

Tax Info

  • Tax Annual Amount: 5478.71
  • Tax Book Number: 25-15
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 22, 2021
Sold by
Zherebnenko Vladislav and Zherebnenko Inna P
Bought by
Wiegand Tony and Wiegand Novella
Seller's Agent
Bogdan Osipov
OSIPOV GROUP REAL ESTATE
Buyer's Agent
Bogdan Osipov
OSIPOV GROUP REAL ESTATE
List Price
$900,000
Sold Price
$904,000
Premium/Discount to List
$4,000
0.44%
Current Estimated Value
$1,025,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,087
Avg. Annual Appreciation
3.42%
Original Mortgage
$454,000
Outstanding Balance
$415,798
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$613,232

Purchase Details

Closed on
Jul 27, 2021
Sold by
Swanger Glenn S and Wells Fargo Bank Na
Bought by
Coltz Construction Llc

Purchase Details

Closed on
May 4, 2021
Sold by
Cole Donald and Newrez Llc
Bought by
Coltz Construction Llc

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 26, 2020
Sold by
Owen Winston
Bought by
Zherebnenko Vladislav and Zherebnenko Inna P
Seller's Agent
Melissa Caldwell
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Bogdan Osipov
OSIPOV GROUP REAL ESTATE
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2019
Sold by
Canova Denise and Canova Frederick
Bought by
Owen Winston

Purchase Details

Closed on
Apr 17, 2009
Sold by
Owen Winston and Owen Alexandra
Bought by
Owen Winston and Owen Alexandra

Purchase Details

Closed on
Nov 20, 2007
Sold by
Owen Winston and Owen Alexandra
Bought by
Owen Winston and Owen Alexandra

Purchase Details

Closed on
Jul 15, 2002
Sold by
Caon Joseph R and Caon Arlene R
Bought by
Owen Winston and Owen Alexandra
Source: Public Records

Range of Values:

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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
Wiegand Tony $904,000 First American Title Ins Co
Coltz Construction Llc $69,401 None Available
Coltz Construction Llc $155,601 None Available
Zherebnenko Vladislav $700,000 Attorney
Owen Winston -- Attorney
Owen Winston -- Attorney
Owen Winston -- Attorney
Owen Winston $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiegand Tony $454,000
Previous Owner Zherebnenko Vladislav $510,000
Previous Owner Owen Alexandra $318,000
Previous Owner Owen Winston $292,950
Previous Owner Owen Winston E $150,000
Previous Owner Owen Alexandra $457,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $904,000 +0.4% $292 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $900,000 +28.6% $291 / Sq Ft
10/26/2020 10/26/20 Sold $700,000 -6.7% $226 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $750,000 -- $243 / 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 $9,352 $786,700 $183,400 $603,300
2023 $9,352 $809,271 $0 $0
2022 $9,189 $785,700 $164,800 $620,900
2021 $7,279 $573,200 $133,500 $439,700
2020 $5,479 $453,147 $0 $0
2019 $5,308 $442,959 $0 $0
2018 $5,193 $434,700 $107,100 $327,600
2017 $5,504 $452,100 $112,700 $339,400
2016 $5,572 $470,200 $103,700 $366,500
2015 $5,677 $445,900 $103,700 $342,200
2014 $5,663 $378,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511335

Stellar MLS

APN: 0158-09-0028