NOT LISTED FOR SALE

425 Cerromar Terrace Unit 361 Venice, FL 34293

Plantation Neighborhood

Estimated Value: $216,933 - $273,000

2 Beds
2 Baths
1,032 Sq Ft
$38/mo HOA Fee

Last Sold April 25, 2019

Last sale price $173,000 $168 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,608/month

67 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Furnished
  • Taylor Ranch Elementary School Rated A-
  • Florida Architecture
  • Stone Countertops

About This Home

As of April 2019

Investment minded Buyers Check this out! Beautiful Lakefront Ground Floor Condo located in Farmington Vistas at The Plantation Golf and Country Club now available. Seasonal Rentals in place for 2019 Jan-April. Newly renovated to include solid Wood Cabinets in the kitchen with granite counters and newer Appliances. New Recessed Lighting as well. New tile flooring in Master Bath area. Both Bathrooms also have been upgraded. Turnkey Furnished with everything you or your Guests could need. Relax on the Lakefront open Patio where you will enjoy fabulous golf by day and gorgeous sunsets every evening! Pls see attached list of upgrades.

Last Agent to Sell the Property

Bambi Utton

MICHAEL SAUNDERS & COMPANY License #3163469 Listed on: 06/19/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Amber Craft

PARADISE EXCLUSIVE INC License #3318394

PARADISE EXCLUSIVE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1984

Lot Details

  • Mature Landscaping

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Lake
  • Golf Course

Home Design

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

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Argus Management Association, Phone Number (941) 408-7413
  • Farmington Vistas Community
  • Farmington Vistas Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,872

Year Built

Built in 1984

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1032
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1483
  • Directions to Property: From US41 to Rockley Blvd - left on Cerromar Drive, left on Cerromar Terrace - bear left to 425 Cerromar Terrace.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100877&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100877&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.93564
  • Price per Sq Ft: 167.64
  • Close to Original List Price Ratio: 0.93564
  • Ratio: Current Price\Building Area Total: 116.66
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Blinds
  • Street Number Modifier: 425
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0361F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Golf, Pool
  • Association Amenities: Recreation Facilities
  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association Name: Argus Management
  • Phone: 941-408-7413
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1028
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 343
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4562
  • Monthly HOA Fee: 37.5
  • Total Monthly Fees: 380.17

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0443141215
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Confirm with HOA.
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Confirm with HOA.

Tax Info

  • Tax Annual Amount: 1872
  • Tax Block: 28
  • Tax Book Number: 18-28
  • Tax Lot: 425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Apr 25, 2019
Sold by
Seaman Frederick D and Seaman Rebecca A
Bought by
Hudgens Kenneth H and Hudgens Mary Tom
Seller's Agent
Bambi Utton
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Amber Craft
PARADISE EXCLUSIVE INC
List Price
$184,900
Sold Price
$173,000
Premium/Discount to List
-$11,900
-6.44%
Current Estimated Value
$240,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,733
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Jan 30, 2019
Sold by
Seaman Frederick D and Seaman Rebecca A
Bought by
Hotchikiss Edward G and Hotchikiss Catherine W

Purchase Details

Closed on
Jul 1, 2015
Sold by
Seaman Frederick D and Seaman Rebecca A
Bought by
Frederick D & Rebecca A Seaman Trust and Seaman Rebecca A

Purchase Details

Listed on
Nov 19, 2012
Closed on
May 15, 2013
Sold by
Chaisson Paul G and Chaisson Caryl J
Bought by
Seaman Frederick D and Seaman Rebecca A
Seller's Agent
Laura Kopple
RE/MAX PALM REALTY OF VENICE
Buyer's Agent
Bambi Utton
MICHAEL SAUNDERS & COMPANY
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Manous Billy J and Manous Peggy J
Bought by
Chaisson Paul G and Chaisson Caryl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.08%

Purchase Details

Closed on
Sep 12, 2000
Sold by
Filak John and Filak Josephine
Bought by
Manous Billy J and Manous Peggy J
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
Hudgens Kenneth H $173,000 Americas Title Corp
Hotchikiss Edward G $180,000 Attorney
Frederick D & Rebecca A Seaman Trust -- Attorney
Seaman Frederick D $119,000 Msc Title Inc
Chaisson Paul G $111,000 --
Manous Billy J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaisson Paul G $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2019 04/25/19 Sold $173,000 -6.4% $168 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $184,900 +55.4% $179 / Sq Ft
05/15/2013 05/15/13 Sold $119,000 0.0% $115 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/12/2013 03/12/13 Off Market $119,000 -- --
11/19/2012 11/19/12 For Sale $124,900 -- $121 / 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 $3,135 $216,554 -- --
2023 $3,135 $258,800 $0 $258,800
2022 $2,963 $248,200 $0 $248,200
2021 $2,374 $162,700 $0 $162,700
2020 $2,139 $141,500 $0 $141,500
2019 $2,047 $139,900 $0 $139,900
2018 $1,831 $121,300 $0 $121,300
2017 $1,872 $122,400 $0 $122,400
2016 $1,826 $115,400 $0 $115,400
2015 $1,754 $107,200 $0 $107,200
2014 $1,626 $85,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6100877

Stellar MLS

APN: 0443-14-1215