$75,000
SOLD NOV 30, 2020

503 Albee Farm Rd Unit B11 Venice, FL 34285

1 Bed
1 Bath
631 Sq Ft
$240/mo HOA Fee

Recently Sold

$119 Per Sq Ft

16% Below List Price

11 Days on Market

Highlights

  • View of Trees or Woods
  • Florida Architecture
  • Community Pool
  • Garden Elementary School Rated A-
  • Mature Landscaping
  • Enclosed patio or porch

About This Home

As of November 2020

Affordable Venice Ground Floor Condominium. Available for Immediate Occupancy. Newer Laminate Wood Floors. Newer Paint. Screened Lanai. Bedroom with Huge Walk In Closet. Kitchen plus a large pantry. Laundry Hook Up in Unit. Complex has a Swimming Pool. Extra Storage Area for your Larger Items. Covered Carport Parking. Located in the City Limits of Venice. Hard to find a condominium in the area at this price!! Show and Sell.

Last Agent to Sell the Property

Kelly Thormahlen

FINE PROPERTIES License #3293956 Listed on: 10/22/2020

FINE PROPERTIES

Last Buyer's Agent

Aya Sewell

ESLINGER REALTY INC License #3294068

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $319

Year Built

  • Built in 1984

Lot Details

  • East Facing Home
  • Mature Landscaping
  • Condo Land Included

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 631 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Combination Dining and Living Room
  • Views of Woods
  • Laundry closet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, trash, water
  • Paul Minnear Association, Phone Number (941) 266-0031
  • Las Casas Community
  • Las Casas Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 15 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$319

Year Built

Built in 1984

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 631
  • New Construction: No
  • Year Built: 1984
  • Directions to Property: From US 41 North. Turn left onto Albee Farm Road. Property is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6112382?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6112382?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88339
  • Price per Sq Ft: 118.86
  • Close to Original List Price Ratio: 0.8427
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 503
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool, Sidewalk
  • Association Fee Frequency: Monthly
  • Association Name: Paul Minnear
  • Phone: 941-266-0031
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 240
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 240
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2880
  • Total Monthly Fees: 240

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0407012011
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: 1 Month
  • Approval Process: Must put in application with $250 Deposit.
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Owner must own property 2 years before leasing is allowed.

Tax Info

  • Tax Annual Amount: 318.89
  • Tax Book Number: 23-15
  • Tax Lot: B11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Sewell Aya
Bought by
Burstein Oren
Current Estimated Value
$130,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$83,483
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,765

Purchase Details

Closed on
May 7, 2021
Sold by
Sewell Aya and Burstein Oren
Bought by
Sewell Aya

Purchase Details

Closed on
Mar 5, 2021
Sold by
Sewell Aya
Bought by
Sewell Aya and Burstein Oren

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 30, 2020
Sold by
Ritsema Carole S
Bought by
Sewell Aya
Seller's Agent
Kelly Thormahlen
FINE PROPERTIES
Buyer's Agent
Aya Sewell
ESLINGER REALTY INC
List Price
$89,000
Sold Price
$75,000
Premium/Discount to List
-$14,000
-15.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Jun 15, 2001
Sold by
Paterson Charal A and Madison Charal A
Bought by
Ritsema Carole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 6, 1996
Sold by
Slater Bruce E
Bought by
Paterson Gary

Purchase Details

Closed on
Oct 12, 1993
Sold by
Fla Can Realty Inc
Bought by
Slater Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.9%
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 Type Sale Price Title Company
Warranty Deed $120,000 None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Warranty Deed $75,000 Attorney
Warranty Deed $48,500 --
Warranty Deed $32,000 --
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,000 New Conventional
Previous Owner $47,000 No Value Available
Previous Owner $24,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $75,000 -11.7% $119 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $84,900 -4.6% $135 / Sq Ft
10/20/2020 10/20/20 For Sale $89,000 -- $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
2024 $1,435 $103,730 -- --
2023 $1,435 $94,300 $0 $94,300
2022 $1,573 $99,200 $0 $99,200
2021 $1,074 $65,400 $0 $65,400
2020 $336 $45,089 $0 $0
2019 $319 $44,075 $0 $0
2018 $306 $43,253 $0 $0
2017 $294 $42,363 $0 $0
2016 $275 $53,700 $0 $53,700
2015 $268 $48,100 $0 $48,100
2014 $264 $40,273 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6112382

Stellar MLS

APN: 0407-01-2011