NOT LISTED FOR SALE

763 Shadow Bay Way Osprey, FL 34229

Estimated Value: $754,000 - $871,000

4 Beds
3 Baths
3,093 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $860,000 $278 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,939/month

22 Days on Market

Highlights

  • In Ground Pool
  • Custom Home
  • Wood Flooring
  • Laurel Nokomis School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of September 2023

Welcome to this gracious, charming, 2- story home, with an expansive wrap-around front porch, custom built by Gulf Pointe Homes in 1998 This unique model is one of a kind in Rivendell and offers an open, split floor plan with French doors and lots of architectural detailing. The first floor features a library with built in bookshelves, a formal dining room with bay window, and a large storage closet under the stairway. The updated galley style kitchen has stainless appliances, 2 built in wine racks and a built-in wine/beverage refrigerator. Countertops are marble except for the breakfast bar which is granite. Laundry room off kitchen. The spacious primary bedroom suite offers an oversized walk-in closet and updated bathroom. On the opposite side of the home are 2 bedrooms and a bathroom. Upstairs features a loft, a 4th bedroom, walk-in closet and bathroom with combination tub and shower. The second floor offers flexible space and can be used according to your needs. Back downstairs….exit the back of home through lovely set of French doors, onto the lanai and screened pool deck, out the door to a paver brick patio. Sit down and enjoy the expansive views of lush greenery in a park-like setting. Cool yourself under colorful Royal Poinciana and Golden Jacaranda trees. The oversized 2 car garage with attic, is accessed by a private rear alleyway. The home is outfitted throughout with hurricane protection. An irrigation well on property saves on water bill. Rivendell is a community of 498 homes on close to 400 acres of lakes and preserves, neighboring Oscar Scherer State Park. Close to nationally recognized Pine View School, a Sarasota public school for the gifted. There are tennis courts on the school property that are available to Rivendell residents when school is not in session. Ideally located within minutes to beaches, golf courses, medical facilities, shopping and much more!

Last Agent to Sell the Property

Barbara Gahry

COLDWELL BANKER SARASOTA CENT. Brokerage Phone: 941-487-5600 License #3064281 Listed on: 08/01/2023

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,361

Year Built

  • Built in 1998

Lot Details

  • 10,341 Sq Ft Lot
  • Unincorporated Location
  • Southeast Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF1

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Rear-Facing Garage
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 3,093 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • French Doors
  • Great Room
  • Formal Dining Room
  • Den
  • Library
  • Loft
  • Storage Room
  • Inside Utility
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Wrap Around Porch
  • Screened Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, fidelity bond, management
  • Bridget Spence/Fred Marks Association, Phone Number (941) 922-3391
  • Visit Association Website
  • Rivendell Community Association
  • Built by Gulf Pointe Homes
  • Rivendell The Woodlands Community
  • Rivendell Subdivision
  • The community has rules related to deed restrictions, fencing, vehicle restrictions

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,361

Year Built

Built in 1998

Lot Details

0

HOA Fees

$86 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: HardiPlank Type
  • Fireplace: Yes
  • Living Area: 3093
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 4430
  • Lot Size Sq Ft: 10341
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 411.56
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 278.05
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Great Room,Inside Utility,Loft,Storage Rooms
  • Living Area Meters: 287.35

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, In Ground
  • Exterior Features: French Doors, Hurricane Shutters, Irrigation System, Sidewalk
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened, Wrap Around
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0236F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Rear, Ground Level

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Public, Sprinkler Well, Street Lights, Underground Utilities
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Playground, Pool
  • Association Amenities: Fence Restrictions, Park, Playground, Pool, Vehicle Restrictions
  • Association Name: Bridget Spence/Fred Marks
  • Phone: 941-922-3391
  • Association: Yes
  • Senior Community: No
  • Association #2 Fee: 517
  • Association #2 Fee Frequency: Semi-Annually
  • Association: Rivendell Community Association
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Dogs must be leashed and waste must be picked up.
  • Association Fee Requirement: None
  • Association Email: bspence@caseymanagement.com
  • Association URL: www.RivendellCommunity.com

Fee Information

  • Total Annual Fees: 1034.00
  • Total Monthly Fees: 86.17

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0150150028
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Sidewalk, Paved, Unincorporated
  • Property Attached Yn: No
  • Flood Zone Code: X

Building Info

  • Builder Name: Gulf Pointe Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Owners must make tenants aware of deed restrictions.

Tax Info

  • Tax Annual Amount: 4361
  • Tax Block: PCLA
  • Tax Book Number: 39-11
  • Tax Lot: 19

Multi Family

  • Approval Process: Form (Obtained online at www.RivendellCommunity.com) to be completed and returned to the address listed on form.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 27, 2023
Sold by
Klingensmith Kristine Nickel
Bought by
Eitan Sachs Revocable Trust and Lesley Sachs Revocable Trust
Seller's Agent
Barbara Gahry
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$975,000
Sold Price
$860,000
Premium/Discount to List
-$115,000
-11.79%
Views
31
Current Estimated Value
$798,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,237
Avg. Annual Appreciation
-3.11%

Purchase Details

Closed on
Dec 16, 2000
Sold by
Klingensmith H Jack and Klingensmith Kristine K
Bought by
Klingensmith H Jack and Klingensmith Kristine K

Purchase Details

Closed on
Aug 26, 1997
Sold by
Brandywine Land Co Ltd
Bought by
Gulpointe Homes Inc
Source: Public Records
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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
Eitan Sachs Revocable Trust $860,000 None Listed On Document
Klingensmith H Jack -- --
Gulpointe Homes Inc $54,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $860,000 -4.4% $278 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $899,900 -7.7% $291 / Sq Ft
08/01/2023 08/01/23 For Sale $975,000 -- $315 / 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
2025 $8,461 $264,585 -- --
2024 $4,520 $665,900 $161,400 $504,500
2023 $4,520 $364,643 $0 $0
2022 $4,361 $354,022 $0 $0
2021 $4,286 $343,711 $0 $0
2020 $4,295 $338,965 $0 $0
2019 $4,149 $331,344 $0 $0
2018 $4,054 $325,166 $0 $0
2017 $4,036 $318,478 $0 $0
2016 $4,069 $353,400 $86,100 $267,300
2015 $4,139 $347,900 $82,400 $265,500
2014 $4,124 $302,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4577469

Stellar MLS

APN: 0150-15-0028