NOT LISTED FOR SALE

19023 Formosa St Venice, FL 34293

Wellen Park Neighborhood

Estimated Value: $784,000 - $951,000

3 Beds
3 Baths
2,516 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $725,000 $288 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,982/month

63 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Fitness Center
  • Gated Community
  • Taylor Ranch Elementary School Rated A-
  • Screened Pool
  • Lake View

About This Home

As of October 2020

PREPARE TO BE IMPRESSED. Located at the end of a cul-de-sac, with one of the most expansive water views in all of IslandWalk, this luxury Pinnacle Estate Model with 3 bedrooms, 3 bathrooms, den and extended 3 car garage is hard to improve upon. From the moment you enter, your eyes are drawn from foyer to great room to the stunning view of glistening water and Venetian Bridges beyond. Inside and out, this extensively enhanced home provides all the desired features that homeowners want most: gourmet kitchen, quartz countertops, stainless appliances, porcelain tile floors, volume ceilings, recessed lighting, crown molding, custom window treatments, walk-in shower in the master bath, finished laundry, hurricane impact windows, remote controlled storm smart shades - the list goes on and on! The beauty of this home continues, as you step through 18 feet of zero corner sliding doors, to your own personal oasis complete with heated saltwater pool, the end to end paver deck and the extended cage with an almost invisible picture frame screen. Site Premium and features totaling over $300,000. IslandWalk at the West Villages is the most exciting “Age Targeted” community in the Venice area. It offers maintenance free living, a 24-hour manned Guard Gate, lush landscaping, beautiful water features and conservation areas throughout the development. There is something for everyone with pickleball, tennis, bocce, community garden and dog park. The Amenities Center has a dynamic Activities Director always planning social and recreational events, scheduled every day of the week. Located less than 15 minutes to downtown Venice, the area beaches, Cool Today Ballpark and major shopping. Schedule your private showing now!

Last Buyer's Agent

Deborah Miller

RE/MAX PALM License #3119621

RE/MAX PALM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,991

Year Built

  • Built in 2017

Lot Details

  • 8,775 Sq Ft Lot
  • 65 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Northwest Facing Home
  • Level Lot
  • Landscaped with Trees
  • Property is zoned V-VILLAGE

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,516 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Den
  • Inside Utility
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Taylor Ranch Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tax Lot 251
  • Assessor Parcel Number 0781140251
  • $627 per year additional tax assessments

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance, private road, recreational facilities, security
  • Castle Group Wayne Schofield Association, Phone Number (941) 493-2302
  • Built by DiVosta
  • Islandwalk At The West Villages Phase 4 Subdivision, Pinnacle Floorplan
  • Islandwalk At The West Villages Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,991

Year Built

Built in 2017

Lot Details

0

HOA Fees

$317 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2516
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 3388
  • Lot Size Sq Ft: 8775
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6110966?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6110966?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00014
  • Price per Sq Ft: 288.16
  • Close to Original List Price Ratio: 0.98106
  • Ratio: Current Price\Building Area Total: 213.99
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Engineered Hardwood, Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: High Ceiling(s), In Wall Pest System, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows, Window Treatments, Storm Window(s)
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 65
  • Water Frontage Feet Lake: 65
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalk
  • Association Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 950.56
  • Association Fee Frequency: Quarterly
  • Association Name: Castle Group Wayne Schofield
  • Phone: 941-493-2302
  • Association: Yes
  • Security: Fire/Smoke Detection Integration
  • Senior Community: No
  • Association Email: wschofield@castlegroup.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3802.24
  • Monthly HOA Fee: 316.85
  • Total Monthly Fees: 316.85

Schools

  • Elementary School: Taylor Ranch Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: V-VILLAGE
  • Parcel Number: 0781140251
  • Additional Parcels: No
  • Lot Features: Level
  • Property Attached Yn: No
  • Flood Zone Code: X500
  • Zoning Compatible Y N: Yes

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: DiVosta

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: See HOA Documents
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Documents

Tax Info

  • Tax Annual Amount: 7991.28
  • Tax Book Number: 50/38
  • Tax Lot: 251
  • Tax Other Annual Assessment Amount: 627

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Oct 27, 2020
Sold by
Torlborg Richard H
Bought by
Torborg Richard H and Li Wei
Buyer's Agent
Deborah Miller
RE/MAX PALM
List Price
$739,000
Sold Price
$725,000
Premium/Discount to List
-$14,000
-1.89%
Current Estimated Value
$888,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,442
Avg. Annual Appreciation
4.14%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Torborg Richard H -- Attorney
Torborg Richard H $725,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $725,000 0.0% $288 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $724,900 -1.9% $288 / Sq Ft
07/18/2020 07/18/20 For Sale $739,000 -- $294 / 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 $12,184 $747,600 $188,100 $559,500
2023 $12,184 $832,600 $237,400 $595,200
2022 $11,290 $754,300 $214,700 $539,600
2021 $9,534 $536,500 $203,500 $333,000
2020 $8,117 $477,100 $181,700 $295,400
2019 $7,991 $469,400 $167,200 $302,200
2018 $7,855 $474,000 $176,500 $297,500
2017 $3,052 $152,000 $152,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Deborah Miller

    Buyer's Agent in 2020

    Deborah Miller

    RE/MAX PALM

    (941) 375-5000

    34 in this area

    103 Total Sales

    Deborah Miller
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N6110966

Stellar MLS

APN: 0781-14-0251

Florida Sarasota County Venice 34293 Wellen Park

19023 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

Nearby Homes