NOT LISTED FOR SALE

516 Villas Dr Venice, FL 34285

Estimated Value: $684,000 - $937,000

4 Beds
3 Baths
1,584 Sq Ft
$526/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2018

Last sale price $410,000 $259 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,005 / mo

51 Days on Market

Highlights

  • Water Access
  • Deck
  • Great Room
  • Venice Elementary School Rated A
  • Corner Lot
  • No HOA

About This Home

As of April 2018

Great investment opportunity in Golden Beach! This unique duplex is located on the corner of Villas Drive and Poinsettia Drive allowing for plenty of privacy for each unit. Each side consists of two bedrooms, and one and a half baths. Lots of possibilities, live in one unit and rent out the other unit for additional income, live in one unit and use the other for overflow family and guests, or rent both units for great income potential.
Fantastic location in Golden Beach with deeded beach easement.

Last Agent to Sell the Property

Bonnie Price

License #3048779 Listed on: 02/16/2018

Last Buyer's Agent

Dennis Czapiga

MICHAEL SAUNDERS & COMPANY License #3308389

MICHAEL SAUNDERS & COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,993

Year Built

  • Built in 1967

Lot Details

  • 11,720 Sq Ft Lot
  • Lot Dimensions are 98 x120
  • Mature Landscaping
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Terrazzo
  • Ceramic Tile

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Water Access
  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Schools

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

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Golden Beach Community
  • Golden Beach Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,993

Year Built

Built in 1967

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Living Area: 1584
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1967
  • Lot Size Sq Ft: 11720
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5916428&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5916428&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.86316
  • Price per Sq Ft: 258.84
  • Close to Original List Price Ratio: 0.86316
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Terrazzo
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Electric Water Heater, Range, Refrigerator, Washer
  • Levels: One
  • Additional Rooms: Breakfast Room Separate, Great Room
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0329F
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Water Access
  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: Optional

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0177160018
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Lot Dimensions: 98 x120
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 25200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4993
  • Tax Block: 8
  • Tax Book Number: 7-96
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 27, 2018
Sold by
Dumbra Marie T and Micale Anthony J
Bought by
Kneoo Sandra D and Bova Joann R
Seller's Agent
Bonnie Price
Buyer's Agent
Dennis Czapiga
MICHAEL SAUNDERS & COMPANY
List Price
$475,000
Sold Price
$410,000
Premium/Discount to List
-$65,000
-13.68%
Current Estimated Value
$833,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,761
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Sep 15, 2009
Sold by
Schulten Maurice J and Schulten Anna L
Bought by
Dumbra Marie T and Micale Anthony J

Purchase Details

Closed on
Dec 31, 2004
Sold by
Young Robert J and Young Katina A
Bought by
Schulten Maurice J and Schulten Anna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kneoo Sandra D $410,000 Sunbelt Title Agency
Dumbra Marie T $200,000 Attorney
Schulten Maurice J $370,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Schulten Maurice J $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $410,000 -13.7% $259 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $475,000 -- $300 / Sq Ft
Source: Stellar MLS

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 $6,690 $479,810 -- --
2024 $6,626 $484,183 -- --
2023 $6,626 $497,185 $0 $0
2022 $6,415 $464,475 $0 $0
2021 $6,003 $405,447 $0 $0
2020 $6,027 $399,600 $348,400 $51,200
2019 $6,346 $379,600 $330,900 $48,700
2018 $5,844 $382,100 $319,500 $62,600
2017 $4,993 $294,900 $245,300 $49,600
2016 $6,057 $390,600 $340,500 $50,100
2015 $5,432 $349,300 $294,800 $54,500
2014 $4,749 $256,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5916428

Stellar MLS

APN: 0177-16-0018

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