Seller's Agent in 2023
Glenn Brown
RE/MAX
(941) 356-1437
5 in this area
262 Total Sales
512 Venice Ln Sarasota, FL 34242
Estimated Value: $1,431,151
3
Beds
2
Baths
1,909
Sq Ft
$750/Sq Ft
Est. Value
Highlights
- 107 Feet of Salt Water Canal Waterfront
- Water access To Gulf or Ocean To Bay
- Boat Lift
- Phillippi Shores Elementary School Rated A
- Boat Slip Deeded
- Custom Home
About This Home
As of July 2023One or more photo(s) has been virtually staged. Completely reimagined & renovated waterfront home on Siesta Key * Rare deep water with protected harborage * A very short boat ride to the bay & the intercoastal waterway and the Gulf of Mexico * These are panoramic wide water views. New seawall & new dock (2016). 3 Bedrooms + 2 full Baths + 2 Car Garage* New 2023 impact hurricane windows & doors * All new electric and water services * New sewer line * NO cast iron pipes * New Kitchen with Solid Wood Cabinets, Granite Countertops, high end Stainless Steel Appliances * New Custom Designed Bathrooms * Bathrooms & Laundry Room showcase marble counters * New Wet Bar * This is just like a new home * Pristine 1/4 acre lot with 107' on the waterfront, large side yard with plenty of room for a pool. Beautiful New Landscaping * New Travertine Deck & Walkways. This completely renovated home is perfect * This sought after neighborhood allows for easy access to Siesta Beach & Siesta Village *
Last Agent to Sell the Property
RE/MAX ALLIANCE GROUP License #0567385 Listed on: 03/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,647
Year Built
- Built in 1972
Lot Details
- 0.25 Acre Lot
- 107 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- Cul-De-Sac
- Northwest Facing Home
- Mature Landscaping
- Oversized Lot
- Property is zoned RSF2
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Custom Home
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,909 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Inside Utility
- Utility Room
- Canal Views
- High Impact Windows
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Water access To Gulf or Ocean To Bay
- Access To Intracoastal Waterway
- Access to Saltwater Canal
- Dock has access to water
- Seawall
- Boat Lift
- Boat Slip Deeded
- Dock made with Composite Material
- Patio
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Phillippi Shores Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- Gina Wright Association
- Siesta Bayside Community
- Siestas Bayside Waterside East Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 7
- Assessor Parcel Number 0081030036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Jul 17, 2023
Sold by
Srq Investment Partners Llc
Bought by
Cardy Thomas W and Cardy Eugenia C
Seller's Agent
Glenn Brown
RE/MAX ALLIANCE GROUP
Buyer's Agent
Thomas Cail
RE/MAX ALLIANCE GROUP
List Price
$2,200,000
Sold Price
$1,700,000
Premium/Discount to List
-$500,000
-22.73%
Views
201
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,849
Avg. Annual Appreciation
-7.30%
Original Mortgage
$1,180,000
Outstanding Balance
$1,165,615
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$265,536
Purchase Details
Closed on
Feb 3, 2002
Sold by
Hoffman Edna J
Bought by
Rev Grantor Tr Of Charles D Hoffman and Rev Grantor Tr Of Edna J Hoffman
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardy Thomas W | $1,700,000 | None Listed On Document | |
| Rev Grantor Tr Of Charles D Hoffman | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cardy Thomas W | $1,180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2023 07/17/23 | Sold | $1,700,000 | -2.8% | $891 / Sq Ft |
| 06/11/2023 06/11/23 | Pending | -- | -- | -- |
| 05/27/2023 05/27/23 | Price Changed | $1,749,000 | -7.7% | $916 / Sq Ft |
| 05/11/2023 05/11/23 | Price Changed | $1,895,000 | -5.0% | $993 / Sq Ft |
| 03/27/2023 03/27/23 | Price Changed | $1,995,000 | -9.3% | $1,045 / Sq Ft |
| 03/08/2023 03/08/23 | For Sale | $2,200,000 | -- | $1,152 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $15,324 | $1,010,100 | -- | -- |
| 2023 | $15,324 | $1,270,100 | $1,012,800 | $257,300 |
| 2022 | $4,640 | $386,479 | $0 | $0 |
| 2021 | $4,647 | $375,222 | $0 | $0 |
| 2020 | $4,661 | $370,041 | $0 | $0 |
| 2019 | $4,507 | $361,721 | $0 | $0 |
| 2018 | $4,406 | $354,976 | $0 | $0 |
| 2017 | $4,386 | $347,675 | $0 | $0 |
| 2016 | $4,257 | $626,200 | $440,300 | $185,900 |
| 2015 | $4,334 | $741,600 | $581,200 | $160,400 |
| 2014 | $4,132 | $308,801 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Glenn Brown
-
Ryan Brown
Seller Co-Listing Agent in 2023
Ryan Brown
RE/MAX
(941) 330-7774
5 in this area
251 Total Sales
-
Thomas Cail
Buyer's Agent in 2023
Thomas Cail
RE/MAX
(941) 780-2245
18 in this area
58 Total Sales
Map
Source: Stellar MLS
MLS Number: A4562521
APN: 0081-03-0036
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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