NOT LISTED FOR SALE

508 Cabana Rd Venice, FL 34293

South Venice Neighborhood

Estimated Value: $293,000 - $362,000

2 Beds
2 Baths
1,240 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 05, 2013

Last sale price $102,500 $83 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,938/month

54 Days on Market

Highlights

  • Indoor Pool
  • Deck
  • Mature Landscaping
  • Taylor Ranch Elementary School Rated A-
  • No HOA
  • 5-minute walk to Tarpon Park

About This Home

As of April 2013

Back on the Market Great Home 2nd Home or 1st time buyers. 2 Bedroom 2 Bath home needs TLC. Most of the major components have been replaced in the last 6 years. Home Features Nice Large Pool with pool cage re-screen in Feb 2007 and Pool Re-marcite in April 2007. Don't miss the opportunity to own this fantastic home.

Last Buyer's Agent

Karen Lehmann

RE/MAX ALLIANCE GROUP License #3061771

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1978

Lot Details

  • 8,000 Sq Ft Lot
  • Mature Landscaping
  • Property is zoned RSF3

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,240 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Venice Community
  • South Venice Unit 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1240
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2050
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973063&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3973063&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 0979
  • Ratio: Close Price\List Price: 0.91518
  • Price per Sq Ft: 82.66
  • Close to Original List Price Ratio: 0.89912
  • Ratio: Current Price\Building Area Total: 50
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Spa Yn: Yes
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Indoor
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0458110008
  • Additional Parcels: No
  • Millage Rate: 13.86
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2013-04-05T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1426
  • Tax Book Number: 0006/0030
  • Tax Lot: 360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2017
Sold by
Smith Richard Jack and Smith Christine Louise
Bought by
Scheel Michael J and Diehle Heather M
Current Estimated Value
$333,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Outstanding Balance
$163,329
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$170,392

Purchase Details

Listed on
Feb 6, 2013
Closed on
Apr 5, 2013
Sold by
Hary Sarah and Cook Sarah E
Bought by
Smith Richard Jack and Smith Christine Louise
Buyer's Agent
Karen Lehmann
RE/MAX ALLIANCE GROUP
List Price
$118,000
Sold Price
$102,500
Premium/Discount to List
-$15,500
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
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
Scheel Michael J $208,000 Sarasota Title Svcs Inc
Smith Richard Jack $102,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scheel Michael J $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2013 04/05/13 Sold $102,500 -8.5% $83 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/29/2013 03/29/13 Price Changed $112,000 -5.1% $90 / Sq Ft
03/24/2013 03/24/13 For Sale $118,000 0.0% $95 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/27/2013 02/27/13 For Sale $118,000 0.0% $95 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
02/07/2013 02/07/13 Price Changed $118,000 +3.5% $95 / Sq Ft
02/06/2013 02/06/13 For Sale $114,000 -- $92 / 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 $2,519 $270,600 $59,200 $211,400
2024 $2,406 $202,101 -- --
2023 $2,406 $196,215 $0 $0
2022 $2,343 $190,500 $0 $0
2021 $2,206 $178,058 $0 $0
2020 $2,195 $175,600 $29,200 $146,400
2019 $2,245 $182,600 $33,600 $149,000
2018 $2,529 $170,000 $30,800 $139,200
2017 $2,132 $136,100 $23,600 $112,500
2016 $2,044 $125,500 $18,400 $107,100
2015 $1,419 $112,200 $13,600 $98,600
2014 $1,862 $83,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Lehmann

    Buyer's Agent in 2013

    Karen Lehmann

    RE/MAX

    (941) 650-3381

    13 in this area

    80 Total Sales

    Karen Lehmann
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Map

Source: Stellar MLS

MLS Number: A3973063

Stellar MLS

APN: 0458-11-0008

Florida Sarasota County Venice 34293 South Venice

508 Cabana Rd, Venice, FL

Not Listed for Sale

Detached

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

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