NOT LISTED FOR SALE

18999 Formosa St Venice, FL 34293

Wellen Park Neighborhood

Estimated Value: $910,491 - $979,000

4 Beds
4 Baths
3,381 Sq Ft
$284/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Newly Remodeled
  • Gated Community
  • Taylor Ranch Elementary School Rated A-
  • Private Pool
  • Lake View

About This Home

As of March 2018

2 Story 4 Bedroom, 4 bath with over 3000 sq ft Executive pool home in the luxurious subdivision of IslandWalk! Relax in your private pool on the spacious lanai with lake views! Interior features hardwood floors, tall ceilings and a unique set of sliding glass doors leading to the pool. The kitchen has all the upgrades with granite countertops, solid wood cabinets, stainless steel appliances and a pantry. The large downstairs living area includes a breakfast nook. The master bedroom has an entry door to pool and patio. It features a large walk-in shower, a private toilet room, his/ hers sinks and a large walk-in closet. The downstairs also features another bedroom/ bathroom at the front of the home next to a bonus room that could be used as an office or den. The 3rd bedroom / bathroom is located near the washer / dryer utility room with access to the 3 Car Garage. Upstairs feature a large Family room and another Bedroom and Bathroom. Maintenance Free Community. Resort life style with full time activities director, resort pool, lap pool, 8 tennis court, pickle ball courts, bocce ball, movement studio, State of the art fitness, fire pit, event lawn, plus so much more!

Last Agent to Rent the Property

R. Scott Corbridge

SARASOTA MANAGEMENT & LEASING License #0581938 Listed on: 03/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,136

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.26

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • 3,381 Sq Ft Home
  • Lake Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Private Pool
  • 0.26 Acre Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $5,990
  • Property Available on 5/11/18
  • The owner pays for grounds care, pest control, pool maintenance
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $65 Application Fee
  • Assessor Parcel Number 0781140253

Community Details

Overview

  • Sarasota Management And Leasing Association
  • Islandwalk At The West Villages Community
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,136

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Long Term Y N: Yes
  • Application Fee: 65
  • Pet Restrictions: Max 2 small Pets. Dogs with Breed Restrictions
  • Security Deposit: 5990
  • Expected Lease Date: 2018-03-16T04:00:00.000Z
  • Pet Fee Non Refundable: 300
  • Lease Referral Fee Comments: 10% of one months rent paid to showing agent of approved tenant. Please make sure the tenant places your name on their application to rent.
  • Available Date: 2018-05-11

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Living Area: 3381
  • Lot Size Acres: 0.26
  • New Construction: Yes
  • Year Built: 2017
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 11390
  • Owner Pays: Grounds Care, Pest Control, Pool Maintenance
  • Status: Leased
  • Number Of Pets: 2
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-225-8321
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.89
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Two

Exterior Features

  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Tennis Court(s)
  • Association Name: Sarasota Management and Leasing
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Required YN: Yes

Lot Info

  • Parcel Number: 0781140253
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
Divosta Homes Lp
Bought by
Gensinger Gary M and Beitz Julie G
Current Estimated Value
$959,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,765
Outstanding Balance
$269,950
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$689,173
Source: Public Records

Range of Values:

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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
Gensinger Gary M $633,800 Pgp Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gensinger Gary M $323,765
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Rented $2,995 0.0% --
03/09/2018 03/09/18 Under Contract -- -- --
03/01/2018 03/01/18 For Rent $2,995 +0.7% --
12/24/2017 12/24/17 Off Market $2,975 -- --
09/21/2017 09/21/17 Rented $2,975 -5.0% --
08/17/2017 08/17/17 Under Contract -- -- --
07/25/2017 07/25/17 Price Changed $3,130 -5.0% $1 / Sq Ft
07/03/2017 07/03/17 For Rent $3,296 -- --
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 $12,136 $673,193 -- --
2023 $12,136 $865,700 $163,800 $701,900
2022 $11,261 $777,400 $147,500 $629,900
2021 $9,152 $509,800 $134,900 $374,900
2020 $8,509 $459,800 $120,500 $339,300
2019 $8,514 $460,800 $112,100 $348,700
2018 $8,443 $470,600 $121,300 $349,300
2017 $2,600 $107,700 $107,700 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2018

    R. Scott Corbridge

    SARASOTA MANAGEMENT & LEASING

See All Agents

Map

Source: Stellar MLS

MLS Number: A4212048

Stellar MLS

APN: 0781-14-0253

Florida Sarasota County Venice 34293 Wellen Park

18999 Formosa St, Venice, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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