NOT LISTED FOR SALE

2518 Northway Dr Unit 2 Venice, FL 34292

Estimated Value: $687,000 - $791,000

4 Beds
2 Baths
2,602 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $450,000 $173 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,381/month

6 Days on Market

Highlights

  • Parking available for a boat
  • Screened Pool
  • Deck
  • Garden Elementary School Rated A-
  • Whole House Reverse Osmosis System
  • Cathedral Ceiling

About This Home

As of June 2017

Stunning 4-bedroom pool home located on 1.5 acres provides gracious living on a beautiful canopied wooded homesite. A large foyer leads you to the formal living room with pocket sliders that overlooks the pool. Enjoy views through the bay window in the elegant dining room that can easily seat 12. Spacious family room designed for informal gatherings adjoins the kitchen and wine bar area which includes a dual zone wine cooler. The new kitchen designed for people who like to cook and entertain at the same time. The kitchen has all high-end upgrades including Thermador cooktop, double oven, Bosch dishwasher and beautiful Cambria countertops. At day’s end, you will enjoy the main suite-spacious yet intimate-a private place for quiet times offering a walk-in closet, dual vanities and walk in shower. For outdoor enjoyment, you’ll find the pool area designed for entertaining family and friends. You’ll delight in the 15 x 30 pool and spa big enough for 8 and a backyard large enough for croquet, badminton, volleyball and bocce. Now that we have entertained the kids, the man of the house will delight in the attached oversized 2-car garage and the detached 2.5-car garage. All this conveniently located to downtown shops, restaurants and beaches.

Last Agent to Sell the Property

Martha Pike

PREMIER SOTHEBYS INTL REALTY License #650025 Listed on: 04/04/2017

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Tom Roberts

PARADISE REALTY OF VENICE INC License #3218281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1989

Lot Details

  • 1.55 Acre Lot
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned RE2

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking available for a boat

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,602 Sq Ft Home
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Laundry in unit
  • Pool Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Double Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Whole House Reverse Osmosis System

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Argus Property Management Association
  • Venice Acres Community
  • Venice Acres Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 146 / 002715
  • Assessor Parcel Number 0400070016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,370

Year Built

Built in 1989

Lot Details

0

HOA Fees

$25 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2602
  • Lot Size Acres: 1.55
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 3548
  • Lot Size Sq Ft: 67489
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 172.94
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Double Oven, Electric Water Heater, Microwave, Range Hood, Refrigerator, Water Aerator Rented, Water Filter Owned, Whole House R.O. System, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Inside Utility

Exterior Features

  • Other Structures: Storage
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0332F

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Boat

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Name: Argus Property Management
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: See documents
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 25.00

Lot Info

  • Zoning: RE2
  • Parcel Number: 0400070016
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Paved, Zoned for Horses
  • Flood Zone Code: X500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA documents.

Tax Info

  • Tax Annual Amount: 3370
  • Tax Block: 002715
  • Tax Book Number: 25-20
  • Tax Lot: 146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 9, 2017
Sold by
Gorrill Jack E and Gorrill Dawn E
Bought by
Shipps David E and Shipps Jacqueline N
Seller's Agent
Martha Pike
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Tom Roberts
PARADISE REALTY OF VENICE INC
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$748,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,275
Avg. Annual Appreciation
6.26%
Original Mortgage
$360,000
Outstanding Balance
$299,527
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$448,748

Purchase Details

Closed on
Sep 29, 2011
Sold by
Alcorn Melanie L
Bought by
Gorrill Jack E and Gorrill Dawn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,293
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2009
Sold by
Alcorn Melanie L and Alcorn Eugene M
Bought by
Alcorn Melanie L

Purchase Details

Closed on
Aug 5, 2002
Sold by
Remo Donald J and Remo Lynne W
Bought by
Alcorn Eugene M and Alcorn Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.62%
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
Shipps David E $450,000 First International Title In
Gorrill Jack E $304,000 Attorney
Alcorn Melanie L -- None Available
Alcorn Eugene M $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipps David E $360,000
Previous Owner Gorrill Jack E $296,293
Previous Owner Alcorn Eugene M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $450,000 -- --
06/12/2017 06/12/17 Sold $450,000 0.0% $173 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/03/2017 04/03/17 For Sale $449,900 -- $173 / 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 $5,270 $442,451 -- --
2023 $5,270 $429,564 $0 $0
2022 $4,724 $377,344 $0 $0
2021 $4,639 $366,353 $0 $0
2020 $4,433 $343,741 $0 $0
2019 $4,286 $336,013 $0 $0
2018 $4,190 $329,748 $0 $0
2017 $3,330 $256,458 $0 $0
2016 $3,370 $315,300 $95,200 $220,100
2015 $3,425 $284,900 $94,900 $190,000
2014 $3,411 $243,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5912382

Stellar MLS

APN: 0400-07-0016