NOT LISTED FOR SALE

296 Bailey Rd Venice, FL 34292

Estimated Value: $120,000 - $834,000

5.23 Acres
$91,205 Price per Acre
227,819 Sq Ft Lot

Last Sold June 01, 2020

Last sale price $75,000

Est. 536% increase in value since last sale

Current estimated payment $2,684/month

54 Days on Market

Highlights

  • 5.23 Acre Lot
  • No HOA
  • Heating Available
  • Garden Elementary School Rated A-

About This Lot

As of June 2020

Just over 5 acres with 4.5 acres of wild life preserve and 1/2 acre buildable site. This is a unique and rare opportunity to own a spot in Kent Acres. This is an exclusive and secluded homesite. Located just south of Venice Ave. you are close to everything yet surrounded by 23 other similar neighbors.

Last Agent to Sell the Property

Stephanie Borchard

LASBURY-TRACY REALTY INC. License #3291519 Listed on: 02/17/2020

Last Buyer's Agent

Stephanie Borchard

LASBURY-TRACY REALTY INC. License #3291519 Listed on: 02/17/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $612

Lot Details

  • 5.23 Acre Lot
  • Lot Dimensions are 460x495
  • Property is zoned OUE1

Schools

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

Community Details

  • No Home Owners Association
  • Kent Acres Community
  • Kent Acres #26 Subdivision

Listing and Financial Details

  • Tax Lot attach
  • Assessor Parcel Number 0412100004

Property Details

Property Type

Land

Est. Annual Taxes

$612

Lot Details

5.23 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5.23
  • Lot Size Sq Ft: 227700
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Ratio: Close Price\List Price: 0.75
  • Price per Sq Ft: 0.33
  • Close to Original List Price Ratio: 0.75
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 495
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0331F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: OUE1
  • Parcel Number: 0412100004
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 460x495
  • Price Per Acre: 14340
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Horses Allowed

Tax Info

  • Tax Annual Amount: 612
  • Tax Lot: attach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Lingley Kimberly W
Bought by
Leopold Tyler Allen and Leopold Jacqueline Fee
Current Estimated Value
$477,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$78,933
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$398,067

Purchase Details

Closed on
Feb 24, 2021
Sold by
Lingley Kimberly W and Estate Of Stephen L Lingley
Bought by
Lingley Kimberly W

Purchase Details

Listed on
Feb 17, 2020
Closed on
Jun 1, 2020
Sold by
Martelli Jeanne F
Bought by
Lingley Stephen L
Seller's Agent
Stephanie Borchard
LASBURY-TRACY REALTY INC.
Buyer's Agent
Stephanie Borchard
LASBURY-TRACY REALTY INC.
List Price
$100,000
Sold Price
$75,000
Premium/Discount to List
-$25,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.57%
Original Mortgage
$48,750
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2013
Sold by
Goldsmith Sarha and The Sally Goldsmith Revocable
Bought by
Martelli Jeanne F

Purchase Details

Closed on
Feb 23, 2010
Sold by
Goldsmith Sarah Sally
Bought by
Goldsmith Sarah Sally and The Sally Goldsmith Revocable

Purchase Details

Closed on
Jun 3, 2005
Sold by
Martin Eugene Id and Rhodus Thomas R
Bought by
Goldsmith Sarah

Purchase Details

Closed on
Dec 11, 2000
Sold by
Mcclelland Naomi R
Bought by
Martin Eugene D and Rhodus Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leopold Tyler Allen $160,000 --
Lingley Kimberly W -- Accommodation
Lingley Stephen L $75,000 Attorney
Martelli Jeanne F $35,000 Sunbelt Title Agency
Goldsmith Sarah Sally -- None Available
Goldsmith Sarah $250,000 Chelsea Title Company
Martin Eugene D $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leopold Tyler Allen $160,000
Previous Owner Lingley Stephen L $48,750
Previous Owner Martin Eugene D $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2020 06/01/20 Sold $75,000 -25.0% --
04/11/2020 04/11/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $100,000 0.0% --
02/19/2020 02/19/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $100,000 -- --
Source: Stellar MLS

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 $2,428 $188,700 $177,700 $11,000
2024 $1,308 $208,900 $197,500 $11,400
2023 $1,308 $130,900 $119,600 $11,300
2022 $837 $69,200 $69,200 $0
2021 $818 $59,800 $59,800 $0
2020 $623 $42,800 $42,800 $0
2019 $612 $42,800 $42,800 $0
2018 $567 $39,100 $39,100 $0
2017 $521 $34,000 $34,000 $0
2016 $493 $31,200 $31,200 $0
2015 $551 $36,500 $36,500 $0
2014 $481 $23,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6111090

Stellar MLS

APN: 0412-10-0004

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