NOT LISTED FOR SALE

408 Laurel Lake Dr Unit 205 Venice, FL 34292

Estimated Value: $272,000 - $321,000

2 Beds
2 Baths
1,176 Sq Ft
$313/mo HOA Fee

Last Sold November 18, 2019

Last sale price $180,000 $153 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,081/month

13 Days on Market

Highlights

  • Oak Trees
  • Lake View
  • Cathedral Ceiling
  • Garden Elementary School Rated A-
  • Florida Architecture
  • Furnished

About This Home

As of November 2019

Welcome to Waterside Village. A highly coveted condominium community in Venice, FL. This beautiful two bedroom, two bath second floor condo has been lovingly and proactively maintained and is sure to please the most discriminating buyer. This lovely condo features soaring cathedral ceilings and recently updated oversized porcelain tile throughout the main living areas. Enjoy relaxing on the enclosed lanai taking in panoramic water views and world class sunsets while sipping on your favorite beverage. Waterside Village is centrally located within close proximity to Venice Island's boutiques, eateries and incredible beaches. As a convenience to the sellers, this condo is being sold turnkey furnished and is a perfect opportunity to be used as an income producing property. Or, you can simply enjoy your new winter retreat while staying within your budget. The many amenities include pools, pickleball, tennis, shuffleboard and various other activities at this vibrant community.

Last Agent to Sell the Property

Kevin Stanley, P.A.

PREMIER SOTHEBYS INTL REALTY License #3226527 Listed on: 10/07/2019

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Kevin Stanley, P.A.

PREMIER SOTHEBYS INTL REALTY License #3226527 Listed on: 10/07/2019

PREMIER SOTHEBYS INTL REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 2000

Lot Details

  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Condo Land Included

HOA Fees

  • $313 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Florida Architecture
  • Elevated Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,176 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Home Security

Parking

  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pest control, sewer, water
  • Capri Management Of Venice Association, Phone Number (941) 412-0449
  • Gardens At Waterside Village Community
  • Gardens 05 At Waterside Village Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 101 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

Built in 2000

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1176
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 1498
  • Directions to Property: Heading east on Hatchett Creek Dr. turn left on Laurel Lake Dr. Continue straight ahead to first right. 408 Laurel Lake Dr. # 205 is on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107383?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107383?w=Customer
  • FCHR URL: No
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.97297
  • Price per Sq Ft: 153.06
  • Close to Original List Price Ratio: 0.97297
  • Ratio: Current Price\Building Area Total: 120.16
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Other
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 408
  • Room Count: 5
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Porch, Rear Porch, Screened
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0334
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Tennis Court(s)
  • Association Name: Capri Management of Venice
  • Phone: 941.412.0449
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 940
  • Condo Fees Term: Quarterly
  • Association Email: cpmi@cpmi.us
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 313
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3760
  • Total Monthly Fees: 313.33

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0423022023
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 3 Months
  • Approval Process: application
  • Num Timesper Year: 4
  • Pet Restrictions: see docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see docs

Tax Info

  • Tax Annual Amount: 1802
  • Tax Lot: 205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Nov 18, 2019
Sold by
Foster Matthew E and Foster Joan
Bought by
Lewis Kathy Ann and Gray Michael D
Seller's Agent
Kevin Stanley, P.A.
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Kevin Stanley, P.A.
PREMIER SOTHEBYS INTL REALTY
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Total Days on Market
13
Current Estimated Value
$287,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,864
Avg. Annual Appreciation
8.57%
Original Mortgage
$70,000
Outstanding Balance
$49,710
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$233,986

Purchase Details

Closed on
Oct 5, 2015
Sold by
Knott Harold A and Knott Marianne
Bought by
Foster Family Trust and Foster Joan

Purchase Details

Closed on
Mar 27, 2012
Sold by
Cayce Judith K
Bought by
Knott Harold A and Knott Marianne

Purchase Details

Closed on
Mar 12, 2008
Sold by
Leeds Clarence W and Houghton Kathleen J
Bought by
Knott Harold A and Knott Marianne

Purchase Details

Closed on
Mar 9, 2004
Sold by
Houghton Kathleen J
Bought by
Houghton Kathleen J and Leeds Clarence W

Purchase Details

Closed on
Nov 1, 2002
Sold by
Chimento James A and Chimento Lorraine J
Bought by
Houghton Kathleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,800
Interest Rate
5.93%

Purchase Details

Closed on
Oct 24, 2000
Sold by
W V Dev No Ii
Bought by
Chimento James A and Chimento Lorraine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,475
Interest Rate
7.91%
Source: Public Records

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Range of Values:

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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
Lewis Kathy Ann $180,000 Attorney
Foster Family Trust $157,000 Msc Title Inc
Knott Harold A $70,000 Attorney
Knott Harold A $165,000 Attorney
Houghton Kathleen J -- --
Houghton Kathleen J $127,300 --
Chimento James A $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Kathy Ann $70,000
Previous Owner Leeds Clarence W $150,000
Previous Owner Houghton Kathleen J $101,800
Previous Owner Chimento James A $114,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2019 11/18/19 Sold $180,000 -2.7% $153 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $185,000 -- $157 / 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 $1,875 $157,450 -- --
2023 $1,875 $152,864 $0 $0
2022 $1,794 $148,412 $0 $0
2021 $1,549 $144,089 $0 $0
2020 $1,545 $142,100 $0 $142,100
2019 $1,961 $142,200 $0 $142,200
2018 $1,977 $145,000 $0 $145,000
2017 $1,989 $143,400 $0 $143,400
2016 $1,828 $128,100 $0 $128,100
2015 $1,207 $113,200 $0 $113,200
2014 $1,318 $109,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6107383

Stellar MLS

APN: 0423-02-2023