NOT LISTED FOR SALE

Estimated Value: $296,000 - $331,000

3 Beds
2 Baths
1,548 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $294,000 $190 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,926/month

8 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Venice Elementary School Rated A
  • Living Room
  • Central Heating and Cooling System

About This Home

As of May 2023

Welcome to this fantastic investor opportunity in South Venice, Florida! This property features three spacious bedrooms and two well-appointed bathrooms, making it ideal for families or roommates.

What's more, this property already has a tenant in place, making it a turnkey investment opportunity with a solid cap rate of 7%.

The property has had recent updates, including a new AC unit installed in 2015, a new roof added in 2019, and window replacements completed in 2018. This means you can enjoy a worry-free investment for years to come without any major repairs or renovations.

Conveniently located just west of Trail, this property offers easy access to local amenities, dining, and entertainment options. Whether you're looking for a smart investment or a place to call home, this property is perfect for you. Don't miss out on this excellent opportunity to own a piece of South Venice real estate!

Last Agent to Sell the Property

Brandon Haenel

NEXTHOME EXCELLENCE License #3377781 Listed on: 03/24/2023

NEXTHOME EXCELLENCE

Last Buyer's Agent

Oleksandr Vashkevych

ENGEL + VOELKERS SARASOTA License #3466022

ENGEL + VOELKERS SARASOTA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1971

Lot Details

  • 9,123 Sq Ft Lot
  • North Facing Home
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Ceramic Tile Flooring

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Venice Community
  • Sunset Beach Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,444

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1548
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 1700
  • Lot Size Sq Ft: 9123
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 189.92
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 143.81

Exterior Features

  • Direction Faces: North
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0333F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0434150012
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 3444
  • Tax Book Number: 7-62
  • Tax Lot: 148

Multi Family

  • Currency Monthly Rent Amt: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 25, 2023
Sold by
Davis Bruce
Bought by
Sysoyev Alena and Sysoyev Valentin
Seller's Agent
Brandon Haenel
NEXTHOME EXCELLENCE
Buyer's Agent
Oleksandr Vashkevych
ENGEL + VOELKERS SARASOTA
List Price
$325,000
Sold Price
$294,000
Premium/Discount to List
-$31,000
-9.54%
Views
72
Current Estimated Value
$308,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,655
Avg. Annual Appreciation
2.02%
Original Mortgage
$205,800
Outstanding Balance
$199,951
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$108,704

Purchase Details

Closed on
Dec 17, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Davis Bruce and Davis Phyllis

Purchase Details

Closed on
Oct 28, 2008
Sold by
Trapani Suzette A and Trapani Michael P
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 6, 2004
Sold by
Clapp David A and Clapp Maria Del Carmen
Bought by
Trapani Michael P and Trapani Suzette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,950
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Varn Forest N and Varn Lillian T
Bought by
Clapp David A and Clapp Maria Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.89%
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
Sysoyev Alena $294,000 Sunbelt Title
Davis Bruce $73,000 Attorney
Jpmorgan Chase Bank Na $1,000 None Available
Trapani Michael P $165,500 Chelsea Title Company
Clapp David A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sysoyev Alena $205,800
Previous Owner Trapani Michael P $148,950
Previous Owner Clapp David A $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $294,000 -9.5% $190 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $325,000 -- $210 / 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 $3,720 $257,800 $74,100 $183,700
2023 $3,720 $306,900 $63,800 $243,100
2022 $3,444 $284,500 $65,900 $218,600
2021 $2,893 $197,400 $39,100 $158,300
2020 $2,655 $173,100 $28,900 $144,200
2019 $2,491 $163,300 $34,200 $129,100
2018 $2,282 $148,300 $33,800 $114,500
2017 $2,177 $137,300 $22,400 $114,900
2016 $2,130 $132,000 $20,700 $111,300
2015 $1,995 $117,500 $13,100 $104,400
2014 $1,990 $100,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4564852

Stellar MLS

APN: 0434-15-0012