NOT LISTED FOR SALE

500 Gardens Edge Dr Unit 513 Venice, FL 34285

Estimated Value: $291,000 - $346,000

2 Beds
2 Baths
1,488 Sq Ft
$425/mo HOA Fee

Last Sold May 26, 2022

Last sale price $387,200 $260 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $2,398/month

16 Days on Market

Highlights

  • Pond View
  • Clubhouse
  • Community Pool
  • Garden Elementary School Rated A-
  • Solid Surface Countertops
  • Recreation Facilities

About This Home

As of May 2022

Paradise awaits at this highly sought-after Magnolia Park Condominium in the heart of Venice less than 2 miles from everything historic downtown Venice has to offer. Spectacular art & cultural festivals, dining, music, theater, shopping, farmers market, the Legacy Trail biking and hiking, and less than 3 miles to both Venice and Nokomis Beaches with easy access to the Gulf of Mexico and beautiful sunsets. This first floor condo is open, bright, sunny and has been meticulously maintained with lots of recent updates. All carpeting replaced in the last 3 months and tile floors have been buffed and regrouted. Within the last 6 months all new remote controlled lighting fixtures and fans were installed along with new faucets. Plantation shutters, crown molding, inside laundry and storage - too many features to list, a must see this won't last long! Kitchen is equipped with GE appliances including newer trash compactor. Owner's suite has dual closets & sinks and a walk-in shower. Split floorplan with 2nd bathroom convenient to both guest bedroom and den/study. Enjoy beautiful water & fountain (beautifully lit at night) views from your screened lanai. Separate oversized one car garage is conveniently located across from unit. Maintenance free community with heated community pool and clubhouse. Convenient location provides easy access to I-75, world class boating, fishing and golfing.

Last Agent to Sell the Property

Allison Bollero

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3370259 Listed on: 04/25/2022

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Tracy Lenyk

EXP REALTY LLC License #3533622

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 2007

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Den
  • Storage Room
  • Inside Utility
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

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

Additional Features

  • Reclaimed Water Irrigation System
  • Outdoor Storage
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, recreational facilities
  • Sean Noonan Extension 21210 Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Magnolia Park Community
  • Magnolia Park Ph 2 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,052

Year Built

Built in 2007

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1488
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1595
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6120852?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6120852?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 260.22
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 242.76
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Shutters, Window Treatments
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: Fountain in pond
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Clubhouse, Elevator(s), Pool, Recreation Facilities
  • Association Name: Sean Noonan extension 21210
  • Phone: 941-870-4920
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1275
  • Management: Full Time
  • Condo Fees Term: Quarterly
  • Association Website: https://sunstatemanagement.com
  • Association Email: sean@sunstatemanagement.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 425
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5100
  • Total Monthly Fees: 425

Schools

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0404051039
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: 3 Months
  • Approval Process: See rules and regulations for additional information
  • Pet Restrictions: Owners may have up to 2 pets. Total pet weight may not exceed 60 lbs. Tenants may not have pets. See rules for pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Seasonal 3 - 8 months, annual term 9-12 months. See rules for additional information

Tax Info

  • Tax Annual Amount: 3051.91
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 28, 2017
Sold by
Weber Dennis Ervin
Bought by
Wales Peggy Ann
Seller's Agent
Debbie DoorenBos
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Allison Bollero
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$317,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,078
Avg. Annual Appreciation
5.69%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Waterford At Magnolia Park Inc
Bought by
Weber Dennis E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wales Peggy Ann $195,000 Attorney
Weber Dennis E $135,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $387,200 0.0% $260 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $387,200 0.0% $260 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $387,200 0.0% $260 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $387,200 +98.6% $260 / Sq Ft
05/30/2017 05/30/17 Off Market $195,000 -- --
02/28/2017 02/28/17 Sold $195,000 -2.5% $131 / Sq Ft View Prior Sale
02/04/2017 02/04/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $199,900 -- $134 / 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
2025 $3,663 $282,200 -- $282,200
2024 $3,603 $283,100 -- $283,100
2023 $3,603 $276,700 $0 $276,700
2022 $3,677 $273,800 $0 $273,800
2021 $3,052 $185,900 $0 $185,900
2020 $2,889 $172,600 $0 $172,600
2019 $2,837 $169,700 $0 $169,700
2018 $2,824 $168,400 $0 $168,400
2017 $2,896 $171,000 $0 $171,000
2016 $2,715 $166,700 $0 $166,700
2015 $2,453 $152,000 $0 $152,000
2014 $2,193 $120,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Bollero

    Seller's Agent in 2022

    Allison Bollero

    KELLER WILLIAMS ISLAND LIFE REAL ESTATE

    (856) 297-3567

    5 in this area

    47 Total Sales

    Allison Bollero
    Section Image
  • Tracy Lenyk

    Buyer's Agent in 2022

    Tracy Lenyk

    EXP REALTY LLC

    (941) 220-8033

    6 in this area

    24 Total Sales

    Tracy Lenyk
    Section Image

  • D

    Seller's Agent in 2017

    Debbie DoorenBos

    PREMIER SOTHEBYS INTL REALTY

    Section Image
  • Ron DoorenBos

    Seller Co-Listing Agent in 2017

    Ron DoorenBos

    PREMIER SOTHEBYS INTL REALTY

    (941) 525-6322

    3 in this area

    17 Total Sales

    Ron DoorenBos
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6120852

Stellar MLS

APN: 0404-05-1039

Florida Sarasota County Venice 34285

500 Gardens Edge Dr Unit 513, Venice, FL

Not Listed for Sale

Condos

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