NOT LISTED FOR SALE

505 Armada Rd S Venice, FL 34285

Estimated Value: $978,000 - $1,031,000

3 Beds
3 Baths
1,604 Sq Ft
$623/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $795,000 $496 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,205/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • View of Trees or Woods
  • Fruit Trees
  • Venice Elementary School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of April 2021

Clean lines and splendid curb appeal only hint of the remarkable retreat that lies within this property must be seen to be fully appreciated. As you step inside this completely reconstructed home you will experience the sophisticated design and luxurious appeal that this home exudes, this is not your typical beach bungalow. This home was thoughtfully re-designed by the owner and re-built to become a luxurious, private escape. Only a fraction of the original 1960 home remains, virtually everything was constructed new in 2016. The indoor and outdoor space blend naturally from the moment you step inside. This home is an entertainer s delight with an open floor plan, centrally located kitchen with 12 long kitchen island, and family room with full wet bar and 28 bottle wine refrigerator surrounded by sliding doors leading to the outdoor dining and living areas. The efficient floorplan has three bedrooms and three full en-suite baths, including one that has convenient access to the lanai and pool area. The expansive outdoor living space is perfect for formal dinner parties or casual cookouts with friends and family. The heated saltwater pool is surrounded by established lush tropical landscaping, a paver patio with several sun bathing and seating areas, propane fire pit, outdoor shower, attractive 12 x6 shed with electric, and 6 tall woodgrain PVC privacy fence. The interior features a clean contemporary design with all the modern upgrades one would expect. The custom kitchen cabinetry has incredible storage with built in pantry and below island storage, and the serious chef will appreciate the GE Profile gas range and 64 wide full size side-by-side Frigidaire Gallery refrigerator and freezer. Consistent 36 x 18 porcelain tile and 9 baseboard extends throughout, and several skylights are strategically placed making this home feel illuminated and spacious. The owner s suite is a peaceful retreat with a large walk-in rain shower, walk-in closet, and sliders to the lanai. This is essentially a newer custom home featuring new roof, hurricane windows & doors, water & sewer lines, buried electrical service line, underground 250 gallon propane storage, and professionally designed low maintenance landscaping with outdoor lighting and a circular paver driveway. Armada Road South is in one of the most desirable locations of the Island both Historic Downtown Venice and your closest beach access are just a few short blocks away. Don t miss this unique opportunity, this home will not last!

Last Agent to Sell the Property

Matthew Ritter

THE RITTER GROUP License #3227782 Listed on: 02/19/2021

Co-Listed By

Jessica Ritter

THE RITTER GROUP License #3275891

Last Buyer's Agent

Jens Reuter-Runyon

COLDWELL BANKER REALTY License #3220118

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,495

Year Built

  • Built in 1960

Lot Details

  • 10,500 Sq Ft Lot
  • Lot Dimensions are 70x150
  • North Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Level Lot
  • Well Sprinkler System
  • Fruit Trees
  • Property is zoned RSF3

Property Views

  • Woods
  • Garden
  • Pool

Home Design

  • Contemporary Architecture
  • Florida Architecture
  • Bungalow
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Insulated Windows
  • Shades
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Utility Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Hurricane Insurance Deduction Qualified
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Pool Lighting

Outdoor Features

  • Wrap Around Porch
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Venice Gulf View Community
  • Venice Gulf View Sec Of Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 39
  • Assessor Parcel Number 0176090067

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,495

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Contemporary, Florida, Ranch
  • Disaster Mitigation: Above Flood Plain, Hurricane Insur. Deduction Qual., Hurricane Shutters/Windows
  • Green Landscaping: Xeriscape
  • Construction Materials: Stucco, Wood Frame
  • Living Area: 1604.00
  • Homestead: Yes
  • Lot Size Acres: 0.24
  • Year Built: 1960
  • Building Area Total: 2150.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6113801?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6113801?w=Customer
  • Lot Size Sq Ft: 10500
  • Building Search Sq Meters: 199.74
  • Directions to Property: US 41 to W. Venice Ave., turn left on Harbor Drive South, turn right onto Armada Road South. 505 Armada Road South will be on your left, the 2nd house on your left after you cross Lisbon St.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048418
  • Status: Sold
  • Street Post Direction: S
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Family Room, Great Room, Inside Utility
  • Flooring: Porcelain Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Skylight(s), Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Insulated Windows, Shades, Thermal Windows
  • Living Area Meters: 149.02
  • Street Number Modifier: 505

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s), Storage
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water
  • Exterior Features: Fenced, Hurricane Shutters, Irrigation System, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Flood Zone Code: X
  • Pool Private: Yes
  • View: Garden, Pool, Trees/Woods
  • Patio and Porch Features: Covered, Patio, Rear Porch, Screened, Side Porch, Wrap Around
  • Road Surface Type: Asphalt

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Propane, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Venice Gulf View
  • Security: Smoke Detector(s)
  • Complex Community Name Nccb: VENICE GULF VIEW

Schools

  • Elementary School: Venice Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Elementary School: Venice Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: RSF3
  • Parcel Number: 0176090067
  • Fencing: Vinyl
  • Lot Features: In City Limits, In County, Level/Flat, Near Public Transit, Street Paved
  • Lot Dimensions: 70x150
  • Lot Size Square Meters: 975

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: See City Zoning Regulations
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7495.00
  • Tax Block: 39
  • Tax Book Number: 2-77
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 23, 2021
Sold by
Mcleod John Hiram and Perfetto Eleanor M
Bought by
Bryan Rebecca R
Seller's Agent
Matthew Ritter
THE RITTER GROUP
Buyer's Agent
Jens Reuter-Runyon
COLDWELL BANKER REALTY
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$999,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,044
Avg. Annual Appreciation
5.22%
Original Mortgage
$548,250
Outstanding Balance
$495,794
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$503,250

Purchase Details

Closed on
Mar 6, 2015
Sold by
Loehrig Rick S and Loehrig Jennifer L
Bought by
Mcleod John Hiram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,740
Interest Rate
3.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2005
Sold by
Calhoun Elizabeth L
Bought by
Loehrig Rick S and Loehrig Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 8, 1994
Sold by
Calhoun Charles D and Calhoun Elizabeth Larner
Bought by
Calhoun Elizabeth L
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
Bryan Rebecca R $795,000 Sunbelt Title Agency
Mcleod John Hiram $315,000 Attorney
Loehrig Rick S $360,000 --
Calhoun Elizabeth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryan Rebecca R $548,250
Previous Owner Mcleod John Hiram $66,740
Previous Owner Mcleod John Hiram $115,000
Previous Owner Loehrig Rick S $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $795,000 0.0% $496 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $795,000 -- $496 / 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 $11,578 $785,800 $422,300 $363,500
2023 $11,578 $761,000 $426,400 $334,600
2022 $11,075 $698,500 $420,300 $278,200
2021 $7,459 $494,122 $0 $0
2020 $7,495 $487,300 $316,200 $171,100
2019 $7,559 $477,400 $315,000 $162,400
2018 $6,906 $435,600 $281,200 $154,400
2017 $6,070 $358,500 $252,000 $106,500
2016 $4,932 $295,800 $256,600 $39,200
2015 $3,810 $237,200 $194,800 $42,400
2014 $3,392 $185,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6113801

Stellar MLS

APN: 0176-09-0067