NOT LISTED FOR SALE

801 Lytham Cir Osprey, FL 34229

Estimated Value: $1,054,000 - $2,484,748

5 Beds
5.5 Baths
4,369 Sq Ft
$393/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $700,000 $160 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $10,446/month

273 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Custom Home
  • Laurel Nokomis School Rated A-
  • Heated Indoor Pool
  • Gated Community

About This Home

As of February 2012

Short Sale. If you are looking to reside in one of Sarasota's premier gated/golf communities,look no further than this stunning custom built home located in The Oaks Club. This home design embraces Old World Charm & Modern Sensibilities inspired byboundless space & bathed in natural light. With rich architectural details the moment you & your guests arrive you will be captivated by this private & natural setting on one of the Oaks finest home sites. As you move into the gourmet kitchen with yourincredible view of the pool/spa and lake, you'll soon see why this is the perfect home for entertaining family and friends. This home carries finely crafted details of rich architectural character. The master retreat with its custom closets and sitting area leads you into a spa-like environment with an extraordinary jet stream tub and roman shower. This elegant 5 bedroom, 5 bath residence is set in an exclusive 24hr guarded and gated golf community with a club house, and two champion-style private golf courses designed by Arthur Hills and Willard Byrd. The Oaks Club also has a very active membership and for the more sports-oriented conveniences, you'll never miss a beat with 12 state-of-the art Har-Tur tennis courts, championship croquet court, five milewalking and cycling paths and full service pro shop. Don't you owe it to yourself to take advantage of this great opportunity and to finally have the amenities that you require? The home is truly the ultimate "Florida Lifestyle" you deserve.

Last Agent to Sell the Property

Sandra Maslen

PREMIER PROPERTIES OF SRQ LLC License #3217866 Listed on: 04/07/2011

Co-Listed By

Leonard Giarrano

RE/MAX ALLIANCE GROUP License #0646299

Last Buyer's Agent

Sandra Maslen

PREMIER PROPERTIES OF SRQ LLC License #3217866 Listed on: 04/07/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,363

Year Built

  • Built in 1999

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Northwest Facing Home
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RE1

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Custom Home
  • Bi-Level Home
  • Planned Development
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,369 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room

Kitchen

  • Built-In Convection Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Intercom
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 108
  • Assessor Parcel Number 0142080003

Community Details

Overview

  • Association fees include private road, security
  • Oaks Community
  • Oaks 2 Ph 4C Part 1 Subdivision
  • The community has rules related to deed restrictions
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,363

Year Built

Built in 1999

Lot Details

0

HOA Fees

$133 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 4369
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 6077
  • Lot Size Sq Ft: 24759
  • Status: Sold
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 2666
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.87951
  • Price per Sq Ft: 160.22
  • Close to Original List Price Ratio: 0.66603
  • Ratio: Current Price\Building Area Total: 115.19
  • View: Yes
  • Co List Office Mls Id: 281518205
  • Co List Office Phone: 941-388-4447
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2010
  • Special Features: 4108

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Marble
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Intercom, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Room Count: 11
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Heated, Indoor, Salt Water, Screen Enclosure
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Golf Course, Water
  • Waterfront: Yes
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump, Zoned
  • Sewer: Private Sewer
  • Water Source: Private, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf, Playground, Pool, PUD, Tennis Courts
  • Association Amenities: Gated, Playground, Security, Tennis Court(s)
  • Association Fee: 400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Security System Leased, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1600
  • Total Monthly Fees: 133.33

Schools

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 0142080003
  • Additional Parcels: No
  • Lot Features: In County
  • Millage Rate: 13.55
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-02-24T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 11363
  • Tax Book Number: 0038/0048
  • Tax Lot: 108

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Panico Salvatore and Panico Leslie
Bought by
Salvatore Panico Revocable Trust and Leslie H Panico Revocable Trust
Current Estimated Value
$1,717,249

Purchase Details

Listed on
Apr 7, 2011
Closed on
Feb 17, 2012
Sold by
Zito Ernest E and Zito Ida
Bought by
Panico Salvatore and Panico Leslie
Seller's Agent
Sandra Maslen
PREMIER PROPERTIES OF SRQ LLC
Buyer's Agent
Sandra Maslen
PREMIER PROPERTIES OF SRQ LLC
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$417,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2002
Sold by
Martin John R and Martin Annette M
Bought by
Zito Ernest E and Zito Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Interest Rate
6.79%

Purchase Details

Closed on
Jan 14, 1999
Sold by
T B I Naples Limited Partnership
Bought by
Martin John R and Martin Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salvatore Panico Revocable Trust $100 None Listed On Document
Panico Salvatore $700,000 Attorney
Zito Ernest E $1,090,000 --
Martin John R $788,000 --
Martin John R $788,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panico Salvatore $417,000
Previous Owner Zito Ernest E $763,000
Previous Owner Martin John R $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2012 02/24/12 Sold $700,000 0.0% $160 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
04/07/2011 04/07/11 For Sale $700,000 -- $160 / 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 $15,788 $1,347,106 -- --
2024 $15,326 $1,309,141 -- --
2023 $15,326 $1,271,011 $0 $0
2022 $14,767 $1,233,991 $0 $0
2021 $12,420 $999,700 $249,000 $750,700
2020 $12,919 $1,019,700 $250,800 $768,900
2019 $13,182 $1,011,700 $250,800 $760,900
2018 $12,290 $939,700 $242,000 $697,700
2017 $12,299 $923,800 $247,500 $676,300
2016 $12,153 $891,900 $223,400 $668,500
2015 $12,486 $905,900 $211,000 $694,900
2014 $11,253 $745,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3941930

Stellar MLS

APN: 0142-08-0003