NOT LISTED FOR SALE

The Towers 1150 Tarpon Center Dr Unit 702 Venice, FL 34285

Estimated Value: $599,348 - $671,000

2 Beds
2 Baths
1,205 Sq Ft
$586/mo HOA Fee

Last Sold March 01, 2019

Last sale price $482,500 $400 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,779/month

581 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • Full Gulf or Ocean Views
  • Venice Elementary School Rated A
  • Heated In Ground Pool
  • Deck

About This Home

As of March 2019

HUGE PRICE REDUCTION. Motivated Seller. Bring All Offers on this great oppotunity
This is your “Dream Come True” opportunity to live on the Gulf of Mexico with fantastic beach views and spectacular sunsets.
Rarely are top floor furnished residences available in the well managed and meticulously maintained pet friendly community of The Towers.
This light and bright 1205 square foot condo includes 2 bedrooms, 2 baths and a huge lanai with views of the gulf, jetty and back bay. The open kitchen plan with a walk- in pantry is a great for entertaining. Your guests will enjoy a view of the beach from your dining room table. The master bedroom is spacious with a walk -in closet and updated bath. There is a separate washer and dryer area as well additional storage.
Excellent location across the street from The Venice Yacht Club. Just a short walk to the South Jetty and down town Venice where there is dining, shopping and theater.

Last Agent to Sell the Property

Thomas Kirrane

COLDWELL BANKER REALTY License #3358979 Listed on: 06/26/2017

COLDWELL BANKER REALTY

Last Buyer's Agent

Jim Hays

PREFERRED PROPERTIES OF VENICE INC License #496746

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1968

Lot Details

  • 100 Feet of Waterfront
  • Property fronts gulf or ocean
  • Private Beach
  • Zero Lot Line

HOA Fees

  • $586 Monthly HOA Fees

Property Views

Home Design

  • Planned Development
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,205 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Inside Utility

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Water Access
  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, sewer, water
  • Mid-Rise Condominium
  • Towers Community
  • Towers Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,215

Year Built

Built in 1968

Lot Details

0

HOA Fees

$586 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1205
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1376
  • Directions to Property: Take W Venice Ave West towards the Gulf. Turn right onto The Esplanade, left onto Tarpon Center Drive. The Towers will be on the left. Park in guest parking in the front. Take elevator to 7th floor, unit 702 will be down the first walkway to the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4189243&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4189243&cview=true&show_results=true&customer_portal=true
  • Floor Number: 7
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 7058
  • Property Description: Mid Rise
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96713
  • Price per Sq Ft: 400.41
  • Close to Original List Price Ratio: 0.80417
  • Ratio: Current Price\Building Area Total: 350.65
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 7
  • Window Features: Blinds
  • Street Number Modifier: 1150
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Hurricane Shutters
  • Roof: Membrane
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Bay/Harbor - Partial, Gulf/Ocean - Full, Gulf/Ocean - Partial
  • Water Access: Beach - Private
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 100
  • Water Frontage Feet Gulf Ocean: 100

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Driveway, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air, Humidity Control
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Maintenance
  • Association Fee: 1758
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7032
  • Monthly HOA Fee: 586
  • Total Monthly Fees: 586

Lot Info

  • Zoning: 18-RMF4
  • Parcel Number: 0175043055
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Millage Rate: 16.67
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: SEE HOA DOCUMENTS
  • Pet Restrictions: SEE HOA DOCUMENTS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE HOA DOCUMENTS

Tax Info

  • Tax Annual Amount: 4215
  • Tax Lot: 7B

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Mar 1, 2019
Sold by
Leeds Clarence W and Leeds Kathleen J
Bought by
Vanaken Troy and Vanaken Annette
Seller's Agent
Thomas Kirrane
COLDWELL BANKER REALTY
Buyer's Agent
Jim Hays
PREFERRED PROPERTIES OF VENICE INC
List Price
$564,999
Sold Price
$482,500
Premium/Discount to List
-$82,499
-14.6%
Current Estimated Value
$642,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,837
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Klopfer Edward L and Klopfer Lisa A
Bought by
Leeds Clarence W and Leeds Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Hoffman Arthur W and Hoffman Gaylene A
Bought by
Klopfer Edward L and Klopfer Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Loughran Eugene J and Loughran Elizabeth A
Bought by
Hoffman Arthur W and Hoffman Gaylene A

Purchase Details

Closed on
Feb 27, 1998
Sold by
Mcinerney Daniel J
Bought by
Loughran Eugene J and Loughran Elizabeth A
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
Vanaken Troy $482,500 Sunbelt Title Agency
Leeds Clarence W $555,000 Attorney
Klopfer Edward L $450,000 --
Hoffman Arthur W $360,000 --
Loughran Eugene J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leeds Clarence W $217,000
Previous Owner Leeds Clarence W $517,000
Previous Owner Klopfer Edward L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $482,500 -3.3% $400 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/27/2019 01/27/19 Price Changed $498,900 +1.8% $414 / Sq Ft
01/26/2019 01/26/19 Price Changed $489,900 -10.1% $407 / Sq Ft
12/06/2018 12/06/18 Price Changed $544,900 -3.6% $452 / Sq Ft
12/02/2018 12/02/18 For Sale $564,999 +17.1% $469 / Sq Ft
12/02/2018 12/02/18 Off Market $482,500 -- --
09/14/2018 09/14/18 Price Changed $564,999 -4.2% $469 / Sq Ft
06/06/2018 06/06/18 Price Changed $589,999 -1.7% $490 / Sq Ft
06/26/2017 06/26/17 For Sale $599,999 -- $498 / 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 $8,312 $483,300 -- $483,300
2023 $8,312 $625,300 $0 $625,300
2022 $7,742 $550,500 $0 $550,500
2021 $6,785 $422,500 $0 $422,500
2020 $6,192 $369,900 $0 $369,900
2019 $4,353 $299,979 $0 $0
2018 $4,273 $294,386 $0 $0
2017 $4,216 $288,331 $0 $0
2016 $4,061 $369,500 $0 $369,500
2015 $4,004 $322,800 $0 $322,800
2014 $3,985 $274,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4189243

Stellar MLS

APN: 0175-04-3055