NOT LISTED FOR SALE

Venice Avenue Condominium 512 W Venice Ave Unit 305 Venice, FL 34285

Estimated Value: $247,195 - $284,000

1 Bed
1 Bath
758 Sq Ft
$274/mo HOA Fee

Last Sold July 24, 2020

Last sale price $188,000 $248 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,928/month

168 Days on Market

Highlights

  • Senior Community
  • Stone Countertops
  • Community Pool
  • View of Trees or Woods
  • Mature Landscaping
  • Covered Patio or Porch

About This Home

As of July 2020

INCREDIBLE MUST SEE LOCATION ON HISTORIC VENICE ISLAND! Located in the heart of historic Venice Island and a short stroll to shopping, restaurants, entertainment, tennis and glorious VENICE BEACH! Trendy updates showcase this bright open and airy floor plan overlooking the heated and screen enclosed swimming pool with grill area and manicured lush flower gardens. Designed for entertaining, the Kitchen has been masterfully renovated (2013) and includes white raised panel Kraftmaid cabinets with ease out drawers, ease out spice rack, polished concrete counters, glass tile backsplash, recessed lighting and extended bar area. New Kitchen refrigerator and disposal 2019 and new dishwasher 2013. Stunning travertine look Pergo flooring ( new 2013) with upgraded underlayment must be seen to be appreciated. Enjoy the nearly 24' long combo LR/DR which opens to the 23' long covered and screened lanai overlooking all the beauty of the community and banyan trees along Venice Ave. EXTRA SPACIOUS OWNER'S SUITE with Ensuite Bath and separate dressing area has granite counters, undermount sinks (new faucets 2019) walk-in closet and slider patio doors to the Lanai. Many recent building/pool updates (see attached list) plus upcoming renovations are scheduled for elevators and lobby area in 2020! Additional updates: water heater 2019; AC 2014. SECURITY BUILDING entrance/assigned covered parking, social events! FRESHLY PAINTED WALLS/TRIM-100% SPOTLESS CONDITION/LOW FEE'S IN 55+ BUILDING!

Last Agent to Sell the Property

Robert Price

COMPASS FLORIDA License #3352996 Listed on: 01/06/2020

COMPASS FLORIDA

Last Buyer's Agent

Joy Hossman

EXIT KING REALTY License #3435501

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 1969

Lot Details

  • Southwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $274 Monthly HOA Fees

Property Views

  • Woods
  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 758 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 1 Carport Space
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Location

  • City Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, community pool, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • Lighthouse Management Association, Phone Number (941) 412-1666
  • High-Rise Condominium
  • Venice Ave Condominium Community
  • Venice Ave Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • 7-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,414

Year Built

Built in 1969

Lot Details

0

HOA Fees

$274 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 758
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 878
  • Directions to Property: From Harbor Drive and Venice Ave: West on Venice Ave towards Venice Beach. Building will be on the right just past tennis courts.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6108509?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6108509?w=Customer
  • FCHR URL: Yes
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: High Rise
  • Call Center Phone Number: 8007469464
  • Ratio: Close Price\List Price: 0.94472
  • Price per Sq Ft: 248.02
  • Close to Original List Price Ratio: 0.85493
  • Ratio: Current Price\Building Area Total: 214.12
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Laminate, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Spa Yn: No
  • Stories: 7
  • Street Number Modifier: 512
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Garden, Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0327
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Guest, On Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalk
  • Association Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse Management
  • Phone: 941-412-1666
  • Association: Yes
  • Senior Community: Yes
  • Condo Fees: 274
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 274
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3288
  • Total Monthly Fees: 274

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0176011020
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: Application, interview by board/board president as well as welcome committee and background check required. $75 non-refundable application fee and $75 non-refundable background check fee.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must own for 1 year prior to leasing and lease must be approved by association with application fee.

Tax Info

  • Tax Annual Amount: 2413.79
  • Tax Book Number: 12-3
  • Tax Lot: 305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jul 24, 2020
Sold by
Kochany Lon H and Kochany Kathleen S
Bought by
Oconnor Lori L
Seller's Agent
Robert Price
COMPASS FLORIDA
Buyer's Agent
Joy Hossman
EXIT KING REALTY
List Price
$219,900
Sold Price
$188,000
Premium/Discount to List
-$31,900
-14.51%
Current Estimated Value
$263,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,549
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Jun 25, 2019
Sold by
Kochany Lon H and Kochany Kathleen S
Bought by
The Kochany Family Trust

Purchase Details

Listed on
Apr 22, 2012
Closed on
Apr 1, 2013
Sold by
Ridley J Dorsey and Ridley Glenn H
Bought by
Kochany Lon H and Kochany Kathleen S
Seller's Agent
Gerry Raasch
PREFERRED PROPERTIES OF VENICE INC
Buyer's Agent
Kim Stephens
RE/MAX ALLIANCE GROUP
List Price
$127,500
Sold Price
$120,500
Premium/Discount to List
-$7,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Apr 2, 2010
Sold by
Murton Mary E
Bought by
Ridley J Dorsey and Ridley Glenn H

Purchase Details

Closed on
Dec 20, 2004
Sold by
Mcquain Lewis Edward and Grubbs John Wayne
Bought by
Murton Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Norman Steve C and Norman Christi
Bought by
Grubbs Peggy A

Purchase Details

Closed on
Dec 30, 1992
Sold by
Norman Nathan C and Norman Joanne
Bought by
Norman Steven C and Norman Christi A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oconnor Lori L $188,000 Attorney
The Kochany Family Trust -- Attorney
Kochany Lon H $120,500 Fidelity Natl Title Fl Inc
Ridley J Dorsey $95,000 Msc Title Inc
Murton Mary E $207,500 Executive Title Ins Svcs Inc
Grubbs Peggy A $149,900 --
Norman Steven C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murton Mary E $155,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $188,000 -5.5% $248 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $199,000 -5.6% $263 / Sq Ft
04/02/2020 04/02/20 Price Changed $210,900 -2.6% $278 / Sq Ft
02/02/2020 02/02/20 Price Changed $216,500 -1.5% $286 / Sq Ft
01/06/2020 01/06/20 For Sale $219,900 +82.5% $290 / Sq Ft
04/01/2013 04/01/13 Sold $120,500 -5.5% $159 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
04/22/2012 04/22/12 For Sale $127,500 -- $168 / 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 $3,149 $211,339 -- --
2023 $3,149 $228,700 $0 $228,700
2022 $3,005 $212,300 $0 $212,300
2021 $2,555 $155,600 $0 $155,600
2020 $2,628 $164,700 $0 $164,700
2019 $2,414 $153,800 $0 $153,800
2018 $2,227 $143,500 $0 $143,500
2017 $2,032 $113,801 $0 $0
2016 $1,778 $110,600 $0 $110,600
2015 $1,576 $96,800 $0 $96,800
2014 $1,420 $73,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6108509

Stellar MLS

APN: 0176-01-1020