NOT LISTED FOR SALE

1201 E Gate Dr Venice, FL 34285

Estimated Value: $345,000 - $408,000

3 Beds
2.5 Baths
1,392 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $260,000 $187 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,341/month

43 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Great Room
  • Garden Elementary School Rated A-
  • Vaulted Ceiling
  • Stone Countertops

About This Home

As of May 2020

For a video tour, copy and paste this url to your browser: https://youtu.be/k7gfS6B57mc Elegant move-in ready home located a little over a mile from Historical Downtown Venice. This house and its mature landscaping create a pleasing welcome when you pull into the driveway. The front door opens into a great room with new elegant wood-look flooring. This room has a living and dining area and the high ceilings add to the spacious feel. Live comfortably with this easy-living open floor plan with the kitchen and the breakfast nook off the great room. The elegance continues in the kitchen with the cabinets, granite counter tops, and stainless-steel appliances. This home has the popular split floor plan with the master bedroom and bathroom at one end of the home and the other two bedrooms and bathroom on the other side, plus it has an extra half bath in the main part of the house for day guests. The master suite has a walk-in closet, double vanities, and a separate water closet. Sliding glass doors lead out to the screened lanai from the breakfast nook, the living room, and the master bedroom. The fence behind most of the lanai gives you privacy, while an opening provides a view of Hatchet Creek which meanders behind the property. The two-car garage is plumbed for a laundry tub and has a side exterior door. The house is connected to public water and sewer, but the irrigation system pulls water from the creek, helping this be a low-cost house to maintain, plus there’s no HOA or CDD fees. Grocery stores, restaurants, entertainment and more all located within a few miles.

Last Agent to Sell the Property

Janet Oberholtzer

MICHAEL SAUNDERS & COMPANY License #3287900 Listed on: 03/05/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Mary Mayo

CENTURY 21 SCHMIDT REAL ESTATE License #3050022

CENTURY 21 SCHMIDT REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x100
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Property Views

  • Water
  • Woods

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,392 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Schools

  • Garden Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • East Gate Community
  • East Gate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,921

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1392
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2111
  • Lot Size Sq Ft: 12066
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6109490?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6109490?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.9319
  • Price per Sq Ft: 186.78
  • Close to Original List Price Ratio: 0.9319
  • Ratio: Current Price\Building Area Total: 123.16
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 8
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Irrigation System, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0331F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Garden Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0410020026
  • Additional Parcels: No
  • Lot Features: City Lot, Near Public Transit, Sidewalk
  • Lot Dimensions: 100x100
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2921
  • Tax Block: 9
  • Tax Book Number: 9-43
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 15, 2020
Sold by
Saw Zay Yar and Lwin Kihn Wai
Bought by
Grangeiro Rui and Grangeiro Lynne
Seller's Agent
Janet Oberholtzer
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Mary Mayo
CENTURY 21 SCHMIDT REAL ESTATE
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%
Current Estimated Value
$378,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,335
Avg. Annual Appreciation
6.88%
Original Mortgage
$208,000
Outstanding Balance
$183,508
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$194,827

Purchase Details

Closed on
May 25, 2005
Sold by
Hardy John C
Bought by
Saw Zay Yar and Lwin Khin Wai Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2002
Sold by
Mitchell Bob M and Mitchell Rachel
Bought by
Hardy John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Grangeiro Rui $260,000 Integrity Title Services Inc
Saw Zay Yar $250,000 --
Hardy John C $40,000 --
Hardy John C $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grangeiro Rui $208,000
Previous Owner Saw Zay Yar $237,500
Previous Owner Hardy John C $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $260,000 -6.8% $187 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $279,000 -- $200 / 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 $4,352 $312,900 $93,200 $219,700
2024 $4,355 $328,900 $100,900 $228,000
2023 $4,355 $326,098 $0 $0
2022 $4,384 $316,600 $86,800 $229,800
2021 $3,369 $205,200 $51,400 $153,800
2020 $3,180 $191,400 $57,400 $134,000
2019 $2,921 $179,000 $44,600 $134,400
2018 $2,618 $156,100 $53,100 $103,000
2017 $2,789 $164,700 $37,500 $127,200
2016 $1,140 $158,300 $33,800 $124,500
2015 $1,128 $139,300 $24,600 $114,700
2014 $1,119 $104,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6109490

Stellar MLS

APN: 0410-02-0026