NOT LISTED FOR SALE

500 Venice Ln Sarasota, FL 34242

Estimated Value: $1,807,000 - $2,097,965

3 Beds
2.5 Baths
2,510 Sq Ft
$771/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $970,000 $386 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $11,982/month

164 Days on Market

Highlights

  • 320 Feet of Waterfront
  • Screened Pool
  • Deck
  • Phillippi Shores Elementary School Rated A
  • Canal View
  • Cathedral Ceiling

About This Home

As of June 2015

Significant price reduction!!! Boater’s paradise on the Grand Canal. The aerial view says it all…320 feet of water frontage wrapping around the end of a cul-de-sac in the Bayside Waterside community of Siesta Key. Only a four minute boat ride to Sarasota Bay and a fifteen minute car ride to downtown Sarasota. The original house, built in 1972, was completely rebuilt and expanded in 1996 by a custom home builder who owned and lived in the house until 2008. The current owner has added additional updates including a new barrel tile roof and A/C system in 2013, new hardwood floors in 2008 and new tile floors in 2010. The house has been professionally painted inside and out in the last 30 days. Other amenities include: a wood burning fireplace, spacious and screened poolside living space with outdoor bar, 5000 lb. capacity electric boat lift, plenty of space for another boat lift (with county approval), mature Florida landscaping and open, light filled living spaces. The opportunity to own a high quality property with this kind of water frontage on Siesta Key doesn’t come around very often so don’t miss out on the prospect of making it your home.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,859

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • 320 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end
  • Mature Landscaping
  • Irregular Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF2

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,510 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Den
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned
  • Private Sewer
  • Cable TV Available

Community Details

  • Siestas Bayside Waterside East Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0081030038

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,859

Year Built

Built in 1972

Lot Details

0

HOA Fees

$21 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2510
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3505
  • Lot Size Sq Ft: 14547
  • Directions to Property: Higel to South on Midnight Pass Road. Turn right (west) on Commonwealth Dr. 1st right is Venice Lane. House is at end of cul-de-sac.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1046751
  • RATIO Current Price By Calculate: 386.45
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Window Treatments
  • Street Number Modifier: 500
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Room Count: 7

Exterior Features

  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: French Doors, Sliding Doors, Irrigation System, Lighting, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: GRAND CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Other
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 320

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 20.83

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0081030038
  • Additional Parcels: No
  • Lot Features: FloodZone, Irregular Lot, Street Dead-End, Paved
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 17859
  • Tax Book Number: 19-31
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Susan A Ozanne Revocable Trust and Ozanne Susan A
Bought by
Susan A Ozanne Trust and Ozanne
Current Estimated Value
$1,936,241

Purchase Details

Closed on
Apr 6, 2020
Sold by
Ozanne Susan A and Susan A Ozanne Revocable Trust
Bought by
Ozanne Susan A and Ozanne James H

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jun 8, 2015
Sold by
Davidson Andrea
Bought by
Ozanne Susan A and Susan A Ozanne Revocable Trust
List Price
$1,400,000
Sold Price
$970,000
Premium/Discount to List
-$430,000
-30.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Eslinger D James and Eslinger Dorothy L
Bought by
Davidson Andrea

Purchase Details

Closed on
Apr 27, 1995
Sold by
Vandewater Arthur M
Bought by
Eslinger D James and Eslinger Dorothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

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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
Susan A Ozanne Trust $100 None Listed On Document
Ozanne Susan A -- Attorney
Ozanne Susan A $970,000 Attorney
Davidson Andrea $1,325,000 Attorney
Eslinger D James $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eslinger D James $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $970,000 -- --
06/08/2015 06/08/15 Sold $970,000 -3.0% $386 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/31/2015 03/31/15 Price Changed $999,900 -11.1% $398 / Sq Ft
03/19/2015 03/19/15 Price Changed $1,125,000 -6.3% $448 / Sq Ft
12/08/2014 12/08/14 Price Changed $1,200,000 -14.3% $478 / Sq Ft
10/31/2014 10/31/14 For Sale $1,400,000 -- $558 / 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 $21,676 $1,438,039 -- --
2023 $21,676 $2,245,100 $1,406,700 $838,400
2022 $15,893 $1,390,000 $731,900 $658,100
2021 $13,870 $1,100,900 $601,600 $499,300
2020 $12,791 $982,200 $507,500 $474,700
2019 $11,926 $919,100 $470,200 $448,900
2018 $14,805 $1,149,900 $777,800 $372,100
2017 $14,451 $1,102,000 $712,400 $389,600
2016 $13,670 $1,018,800 $596,800 $422,000
2015 $11,953 $862,600 $481,600 $381,000
2014 $17,859 $1,002,727 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: A4107383

Stellar MLS

APN: 0081-03-0038