NOT LISTED FOR SALE

Venice Avenue Condominium 512 W Venice Ave Unit 507 Venice, FL 34285

Estimated Value: $371,000 - $442,000

2 Beds
2 Baths
965 Sq Ft
$339/mo HOA Fee

Last Sold December 21, 2020

Last sale price $310,000 $321 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,955/month

1 Day on Market

Highlights

  • Senior Community
  • Open Floorplan
  • Community Pool
  • City View
  • Mature Landscaping
  • Enclosed Patio or Porch

About This Home

As of December 2020

Premier location on the Island of Venice. Beautifully Renovated throughout and offered "Turn Key" with Newer furnishings. This rarely available, 2 bedroom with 2 full bath condo offers 5th floor bright Western facing views and many stunning sunsets to see! From your large 24' screened and vinyl enclosed lanai, overlook beautiful canopied West Venice Avenue, heated community pool, mature trees and lusciously landscaped grounds. Impact resistant, triple glass sliders just off the spacious Living room and Master bedroom! Improvements include brand new flooring and paint throughout. The Kitchen offers brand new SS appliances, Cabinetry, and Led lighting. Beautiful quartz counter tops in both the Kitchen and Bathrooms. Every door is solid wood! Windows, sliders and double front entrance doors are all hurricane impact! AC (2014) with a 12 year warranty! All major renovations to the building include Modernizing of the elevators/lobby (2020), new Roof (2014), Plumbing (2010), and Pool refurbishment (2017). Easy access to the Laundry room and a personal storage locker located on the same floor! Covered parking with a secure entrance! Low HOA's include cable, water, heated pool, community room and FUN social events! All of this nestled in the heart of Historic Venice. Within 100 yards of the Venice Tennis courts and a few hundred yards to Downtown Venice/Farmer's Market. Heading West you are just a couple blocks from Venice Beach!! Savor the sand in your toes after a scenic stroll under the broad shady Banyan trees! This stunning condo has so much to offer! Pack your bags, your perfect paradise is awaiting!

Last Agent to Sell the Property

Cassie Raia

CENTURY 21 SCHMIDT REAL ESTATE License #3337179 Listed on: 11/21/2020

CENTURY 21 SCHMIDT REAL ESTATE

Last Buyer's Agent

Cassie Raia

CENTURY 21 SCHMIDT REAL ESTATE License #3337179 Listed on: 11/21/2020

CENTURY 21 SCHMIDT REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,148

Year Built

  • Built in 1969

Lot Details

  • West Facing Home
  • Mature Landscaping

HOA Fees

  • $339 Monthly HOA Fees

Property Views

  • Park or Greenbelt
  • Pool

Home Design

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

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

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

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Lighthouse Property Management Tricia Gwinn Association, Phone Number (941) 460-5560
  • Venice Ave Condominium Community
  • Venice Ave Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Community Pool
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,148

Year Built

Built in 1969

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 965
  • New Construction: No
  • Year Built: 1969
  • Directions to Property: From business US41, West on Venice Avenue, just past historic downtown on your right hand side. Venice Avenue Condominium, Unit #507. If you arrive at Venice Beach you have gone past two blocks.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484320?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4484320?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 321.24
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Stories: 1
  • Street Number Modifier: 512
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sidewalk, Storage, Tennis Court(s)
  • Roof: Built-Up
  • Pool Private: No
  • View: City, Greenbelt, Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Rear Porch, Screened
  • 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
  • Parking Features: Assigned, Covered, Guest
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Name: Lighthouse Property Management - Tricia Gwinn
  • Phone: 941-460-5560
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 339
  • Condo Fees Term: Monthly
  • Association Email: darcie@mgmt.tv
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 339
  • Amenities Additional Fees: Laundry facilities located on Floors 3,5, and 7. No washer/dryer in individual units.
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4068
  • Total Monthly Fees: 339

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0176011038
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 3 Months
  • Approval Process: An application for the sale or lease/rent must be submitted to Lighthouse Properties. $100 non refundable application fee. All applicants must pass background check and be approved by the President of the Board of Directors prior to occupying.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Ownership 1 year prior to rental. Thereafter, 3 month minimum, up to 4 times per year.

Tax Info

  • Tax Annual Amount: 3147.93
  • Tax Book Number: 12-3
  • Tax Lot: 507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2020
Closed on
Dec 19, 2020
Sold by
Anderson Lloyd C
Bought by
Tomal Daniel R and Tomal Annette
Seller's Agent
Cassie Raia
CENTURY 21 SCHMIDT REAL ESTATE
Buyer's Agent
Cassie Raia
CENTURY 21 SCHMIDT REAL ESTATE
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$411,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,179

Purchase Details

Listed on
Sep 6, 2019
Closed on
Sep 30, 2019
Sold by
Hodgkins Jeffrey P and Hodgkins Rlt Jeffrey P
Bought by
Anderson Lloyd C
Seller's Agent
Cassie Raia
CENTURY 21 SCHMIDT REAL ESTATE
Buyer's Agent
Cassie Raia
CENTURY 21 SCHMIDT REAL ESTATE
List Price
$283,000
Sold Price
$275,250
Premium/Discount to List
-$7,750
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Hodgkins Jeffrey P and Hodgkins Rhonda M
Bought by
The Jeffrey P Hodgkins Revocable Living

Purchase Details

Closed on
Nov 9, 2004
Sold by
Eliopoulos Edward T
Bought by
Hodgkins Jeffrey P and Hodgkins Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2004
Sold by
Eliopoulos Sylvia P
Bought by
Eliopoulos Edward T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Tomal Daniel R $310,000 Gold Crest Title Services
Anderson Lloyd C $275,250 Gold Crest Title Services
The Jeffrey P Hodgkins Revocable Living -- None Available
Hodgkins Jeffrey P $259,000 Safetitle Company
Eliopoulos Edward T -- Safetitle Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodgkins Jeffrey P $207,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $310,000 0.0% $321 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/21/2020 11/21/20 For Sale $310,000 +12.6% $321 / Sq Ft
10/02/2019 10/02/19 Sold $275,250 -2.7% $285 / Sq Ft
09/08/2019 09/08/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $283,000 -- $293 / 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 $5,335 $345,794 -- --
2023 $5,335 $403,800 $0 $403,800
2022 $4,969 $355,600 $0 $355,600
2021 $4,265 $259,800 $0 $259,800
2020 $2,833 $209,300 $0 $209,300
2019 $3,148 $188,300 $0 $188,300
2018 $2,928 $175,600 $0 $175,600
2017 $2,906 $158,123 $0 $0
2016 $2,544 $163,500 $0 $163,500
2015 $2,257 $143,100 $0 $143,100
2014 $2,033 $108,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4484320

Stellar MLS

APN: 0176-01-1038