NOT LISTED FOR SALE

500 Gardens Edge Dr Unit 521 Venice, FL 34285

Estimated Value: $290,000 - $355,000

2 Beds
2 Baths
1,553 Sq Ft
$367/mo HOA Fee

Last Sold December 01, 2017

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

Est. 28% increase in value since last sale

Current estimated payment $2,423/month

173 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Open Floorplan
  • Garden Elementary School Rated A-
  • 10 Acre Lot
  • Property is near public transit

About This Home

As of December 2017

Looking for a very special, spacious, newer condominium apartment ? This is the largest 2/2 floor plan in this great complex (Magnolia Park). Absolutely beautiful corner condo (1553 sq.ft.under air) looking at a fountain lake. Bright and airy, more like a house than an apartment. Tastefully furnished throughout. Large laundry room with large storage room, stone counter top kitchen, stainless steel appliances, tile through out except for bedrooms and den. Second floor WITH elevator AND private detached one-car garage. Click the 'camera icon' on the top left of the listing and see how beautiful this condo is.
Pool, clubhouse,gym............excellent location just minutes from beaches, downtown, shopping, legacy bike trail, airports, I-75 access

Last Agent to Sell the Property

Hans Kirsten

PARADISE REALTY OF VENICE INC License #48015 Listed on: 04/25/2017

Last Buyer's Agent

Laurie Molnar

RE/MAX PLATINUM REALTY License #3223317

RE/MAX PLATINUM REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 2007

Lot Details

  • Zero Lot Line
  • Additional Parcels

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Open Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,553 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Storage Room
  • Lake Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, recreational facilities, trash
  • Lighthouse , Lisa Martin, 412 1666 Association
  • Magnolia Park Condos
  • Magnolia Park Community
  • Magnolia Park Ph 2 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Additional Features

  • Fire Sprinkler System
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,847

Year Built

Built in 2007

Lot Details

0

HOA Fees

$367 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1553
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1660
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 2
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 160.33
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: End Unit,Corner Unit
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, Open Floorplan, Solid Surface Counters, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms

Exterior Features

  • Exterior Features: Balcony
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0331F

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Open

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, No Truck/RV/Motorcycle Parking, Pool
  • Association Amenities: Elevator(s), Fitness Center, Recreation Facilities, Vehicle Restrictions
  • Association Fee: 1100
  • Association Fee Frequency: Quarterly
  • Association Name: LIGHTHOUSE , LISA MARTIN, 412 1666
  • Association: Yes
  • Security: Fire Sprinkler System
  • Senior Community: No
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: MAGNOLIA PARK
  • Pet Restrictions: TWO SMALL PETS
  • Association Fee Requirement: Required
  • Condo Land Included YN: 1
  • Max Pet Weight: 35
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Monthly HOA Amount: 366.67

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0404051041
  • Additional Parcels: Yes
  • Lot Features: City Limits, Near Public Transit, Paved, Private, Zero Lot Line
  • Lot Dimensions: 0
  • Flood Zone Code: X

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: NO COMMERCIAL VEHICLES

Tax Info

  • Tax Annual Amount: 2847
  • Tax Lot: 521

Multi Family

  • Approval Process: APPLICATION WITH $50 FEE AND FULLY EXECUTED CONTRACT ATTACHED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Loerch Harold J and Loerch Jane M
Bought by
Loerch Family Revocable Trust and Loerch
Current Estimated Value
$317,891

Purchase Details

Listed on
Apr 25, 2017
Closed on
Dec 4, 2017
Sold by
Parnigoni Ronald L and Parnigoni Maryanne
Bought by
Loerch Harold J and Loerch Jane M
Seller's Agent
Hans Kirsten
PARADISE REALTY OF VENICE INC
Buyer's Agent
Laurie Molnar
RE/MAX PLATINUM REALTY
List Price
$270,000
Sold Price
$249,000
Premium/Discount to List
-$21,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$192,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2009
Sold by
Waterford At Magnolia Park Inc
Bought by
Parnigoni Ronald L and Parnigoni Maryanne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Loerch Family Revocable Trust $100 None Listed On Document
Loerch Harold J $249,000 Attorney
Parnigoni Ronald L $127,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loerch Harold J $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2018 03/01/18 Off Market $249,000 -- --
12/01/2017 12/01/17 Sold $249,000 -3.5% $160 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $258,000 -4.4% $166 / Sq Ft
04/25/2017 04/25/17 For Sale $270,000 -- $174 / 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 $4,610 $325,900 -- $325,900
2024 $4,364 $291,044 -- --
2023 $4,364 $319,400 $0 $319,400
2022 $3,925 $292,200 $0 $292,200
2021 $3,259 $198,500 $0 $198,500
2020 $3,084 $184,200 $0 $184,200
2019 $3,028 $181,100 $0 $181,100
2018 $3,027 $180,500 $0 $180,500
2017 $3,082 $182,000 $0 $182,000
2016 $2,847 $176,300 $0 $176,300
2015 $2,560 $159,100 $0 $159,100
2014 $2,282 $125,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hans Kirsten

    Seller's Agent in 2017

    Hans Kirsten

    PARADISE REALTY OF VENICE INC

    (941) 350-0441

    31 in this area

    31 Total Sales

    Hans Kirsten
    Section Image
  • Laurie Molnar

    Buyer's Agent in 2017

    Laurie Molnar

    RE/MAX

    (941) 408-4361

    1 Total Sale

    Laurie Molnar
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N5912717

Stellar MLS

APN: 0404-05-1041

Florida Sarasota County Venice 34285

500 Gardens Edge Dr Unit 521, Venice, FL

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes