NOT LISTED FOR SALE

500 Gardens Edge Dr Unit 514 Venice, FL 34285

Estimated Value: $287,000 - $347,000

2 Beds
2 Baths
1,553 Sq Ft
$379/mo HOA Fee

Last Sold April 12, 2018

Last sale price $249,000 $160 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,432/month

29 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Heated Pool
  • Custom Home
  • Garden Elementary School Rated A-
  • Home fronts a pond
  • Pond View

About This Home

As of April 2018

Gorgeous end unit condo in Magnolia Park has a peaceful view of the lake and huge babbling water fountain. An abundance of mature flowering shrubs and trees encompass the grounds and create a tropical oasis for your evening stroll or while relaxing by the heated pool, which is just steps from your front door. Or meet your friends at the clubhouse and gym. With over 1550 sf of living space this beautiful condo not only has an open living area and split bedroom arrangement, plus a den and bonus storage room with an entire wall of built in cabinetry and desk. Private garage with bike hangers and shelving. Upgrades including a wet bar in the living area, crown molding, granite counter tops, solid wood cabinetry, and tasteful furnishings throughout. (Home is being sold turnkey furnished). Excellent location just 2 miles from historic downtown Venice with shopping, dining, pristine beaches and The Legacy bike trail. Don't delay, set your appointment to view this lovely home today!

Last Agent to Sell the Property

Laura Harris, PA

PREMIER SOTHEBYS INTL REALTY License #3231766 Listed on: 01/03/2018

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Jessica Bow

RE/MAX PALM License #3335189

RE/MAX PALM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 2007

Lot Details

  • Home fronts a pond
  • 50 Feet of Waterfront
  • Property fronts a private road
  • End Unit
  • South Facing Home

HOA Fees

  • $379 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Oversized Parking
  • Garage Door Opener
  • Guest Parking
  • Open Parking

Property Views

  • Pond
  • Pool

Home Design

  • Custom Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,553 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Oven
  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, recreational facilities, trash
  • Pcm Association
  • Magnolia Park Community
  • Magnolia Park Ph 2 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,185

Year Built

Built in 2007

Lot Details

0

HOA Fees

$379 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1553
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1660
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4205767&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4205767&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 8457
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.91544
  • Price per Sq Ft: 160.33
  • Close to Original List Price Ratio: 0.91544
  • Ratio: Current Price\Building Area Total: 150
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Elevator, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Microwave, Oven, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds, Window Treatments
  • Room Count: 9
  • Additional Rooms: Bonus Room, Den/Library/Office, Florida Room, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Sliding Doors, Storage
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Pond: 50
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Guest, Oversized
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Elevator(s), Maintenance, Recreation Facilities
  • Association Name: PCM
  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees: 1138
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 379
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4552
  • Total Monthly Fees: 379.33

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0404051040
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 16.61
  • Flood Zone Code: x
  • Future Land Use: 0403
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Contact Lisa Martin @Lighthouse Management 941-412-1666
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants cannot have pets. Please review Condo Docs for rental restrictions or guidelines.

Tax Info

  • Tax Annual Amount: 3185
  • Tax Lot: 514

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Apr 12, 2018
Sold by
Beauregard Jean Pierre
Bought by
Hadden Craig W and Hadden Joan G
Seller's Agent
Laura Harris, PA
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Jessica Bow
RE/MAX PALM
List Price
$272,000
Sold Price
$249,000
Premium/Discount to List
-$23,000
-8.46%
Current Estimated Value
$321,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,967
Avg. Annual Appreciation
3.41%
Original Mortgage
$149,000
Outstanding Balance
$120,103
Interest Rate
4.43%
Mortgage Type
Amount Keyed Is An Aggregate Amount
Estimated Equity
$201,864

Purchase Details

Closed on
Mar 30, 2015
Sold by
Beauregard Jean Pierre
Bought by
Beauregard Teresa Louise

Purchase Details

Listed on
Jul 19, 2013
Closed on
Mar 24, 2014
Sold by
Drewery Ronald L and Drewery Kelly Jo
Bought by
Beauregard Jean Pierre
Seller's Agent
Thomas Coppola
COPPOLA REALTY GROUP
Buyer's Agent
Thomas Coppola
COPPOLA REALTY GROUP
List Price
$219,000
Sold Price
$207,450
Premium/Discount to List
-$11,550
-5.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jan 29, 2010
Sold by
Waterford At Magnolia Park Inc
Bought by
Drewery Ronald L and Drewery Kelly Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,669
Interest Rate
5.99%
Mortgage Type
New Conventional
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
Hadden Craig W $249,000 Attorney
Beauregard Teresa Louise -- Attorney
Beauregard Jean Pierre $207,500 Attorney
Drewery Ronald L $145,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadden Craig W $149,000
Previous Owner Drewery Ronald L $130,669
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2018 04/12/18 Sold $249,000 -8.5% $160 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $272,000 +31.1% $175 / Sq Ft
03/24/2014 03/24/14 Sold $207,450 -3.5% $134 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
01/28/2014 01/28/14 Price Changed $214,900 -1.9% $138 / Sq Ft
07/19/2013 07/19/13 For Sale $219,000 -- $141 / 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 $4,362 $299,848 -- --
2024 $4,136 $272,589 -- --
2023 $4,136 $307,000 $0 $307,000
2022 $4,052 $301,800 $0 $301,800
2021 $3,362 $204,800 $0 $204,800
2020 $3,169 $189,300 $0 $189,300
2019 $3,108 $185,900 $0 $185,900
2018 $3,101 $184,900 $0 $184,900
2017 $3,185 $188,100 $0 $188,100
2016 $3,060 $183,500 $0 $183,500
2015 $2,796 $169,100 $0 $169,100
2014 $1,377 $119,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Harris, PA

    Seller's Agent in 2018

    Laura Harris, PA

    PREMIER SOTHEBYS INTL REALTY

    (941) 586-6963

    8 in this area

    38 Total Sales

    Laura Harris, PA
    Section Image
  • Jessica Bow

    Buyer's Agent in 2018

    Jessica Bow

    RE/MAX PALM

    (941) 356-2585

    5 in this area

    143 Total Sales

    Jessica Bow
    Section Image
  • Thomas Coppola

    Seller's Agent in 2014

    Thomas Coppola

    COPPOLA REALTY GROUP

    (941) 504-7152

    4 in this area

    20 Total Sales

    Thomas Coppola
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4205767

Stellar MLS

APN: 0404-05-1040

Florida Sarasota County Venice 34285

500 Gardens Edge Dr Unit 514, Venice, FL

Not Listed for Sale

Condos

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