NOT LISTED FOR SALE

500 Gardens Edge Dr Unit 523 Venice, FL 34285

Estimated Value: $272,000 - $351,000

2 Beds
2 Baths
1,595 Sq Ft
$425/mo HOA Fee

Last Sold March 21, 2022

Last sale price $415,000 $260 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,451/month

Highlights

  • Water Views
  • Open Floorplan
  • High Ceiling
  • Garden Elementary School Rated A-
  • Florida Architecture
  • Stone Countertops

About This Home

As of March 2022

*Please have all offers in Sunday February 27 by 4:00 PM* STUNNING Magnolia Park Condominium just hit the market in Venice, Florida! Why wait for new construction when this rare find is move-in ready for you today! Well-loved and taken care of meticulously for your peace of mind. Loaded with so many special upgrades you have to see it to believe it. Panoramic water views of breathtaking water fountain will capture your heart immediately. Largest floor plan available in Magnolia Park(a maintenance free community). Upgraded custom tile flooring throughout home even onto enclosed lanai with water views. Crown molding, granite counters tops, trash compactor, updated air conditioner, fabulous open floor plan, solid wood cabinetry, upgraded lighting, this rare find has it all. Easy convenient access with elevator. Private one car garage. Located just minutes to historic downtown Venice, sensational shopping, Venice Beach, a variety of fine restaurants for every palette, amazing selection of entertainment, legacy bike trail and so much more. Magnolia Park amenities include a heated community pool with large community center equipped with a full kitchen indoor and outdoor bathrooms perfect for entertaining guests and large parties. Maintenance fee is paid quarterly and includes trash pickup cable TV building maintenance of common areas , building insurance, pest control and lawn care. There is no CDD or required flood insurance. Welcome to your piece of Florida paradise. Schedule your showing today this gem will not last!
Be Sure to Check out the Video -> https://show.tours/v/Z8MKhJ8

Last Agent to Sell the Property

Deb Scott

APERTURE GLOBAL REAL ESTATE License #3448176 Listed on: 02/26/2022

Last Buyer's Agent

Ashley Nevadomski

WILLIAM RAVEIS REAL ESTATE License #3383552

WILLIAM RAVEIS REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 2007

Lot Details

  • South Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Ground Level Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, manager
  • Lynn Lakel Association
  • High-Rise Condominium
  • Magnolia Park Community
  • Magnolia Park Ph 2 Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions
  • Large pets allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,081

Year Built

Built in 2007

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Manager
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1595
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1595
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6119760?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6119760?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 1.07235
  • Price per Sq Ft: 260.19
  • Close to Original List Price Ratio: 1.07235
  • Ratio: Current Price\Building Area Total: 260.19
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 9

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Name: LYNN LAKEL
  • Association: No
  • Senior Community: No
  • Condo Fees: 1275
  • Condo Fees Term: Quarterly
  • Association Email: lynn@sunstatemanagement.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 425
  • 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: 0404051043
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X, AE

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: Please verify with HOA
  • Pet Restrictions: Please verify with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please verify with HOA

Tax Info

  • Tax Annual Amount: 3081.46
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 21, 2022
Sold by
Ann Futia and Ann Mary
Bought by
Brown James L and Brown Freda C
Seller's Agent
Deb Scott
APERTURE GLOBAL REAL ESTATE
Buyer's Agent
Ashley Nevadomski
WILLIAM RAVEIS REAL ESTATE
List Price
$387,000
Sold Price
$415,000
Premium/Discount to List
$28,000
7.24%
Current Estimated Value
$316,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,152
Avg. Annual Appreciation
-7.00%

Purchase Details

Closed on
Mar 19, 2010
Sold by
Waterford At Magnolia Park Inc
Bought by
Futia Antonio and Futia Maryann
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
Brown James L $415,000 Berlin Patten Ebling Pllc
Futia Antonio $125,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $415,000 +7.2% $260 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $387,000 -- $243 / 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 $4,305 $285,000 -- $285,000
2024 $4,252 $285,900 -- $285,900
2023 $4,252 $279,500 $0 $279,500
2022 $3,713 $276,500 $0 $276,500
2021 $3,081 $187,700 $0 $187,700
2020 $2,918 $174,300 $0 $174,300
2019 $2,865 $171,400 $0 $171,400
2018 $2,844 $169,600 $0 $169,600
2017 $2,916 $172,200 $0 $172,200
2016 $2,715 $166,700 $0 $166,700
2015 $2,442 $150,500 $0 $150,500
2014 $2,193 $120,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6119760

Stellar MLS

APN: 0404-05-1043