NOT LISTED FOR SALE

550 N River Rd Venice, FL 34293

Estimated Value: $863,000 - $1,123,059

3 Beds
3.5 Baths
3,549 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $580,000 $163 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,067/month

43 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Boat Ramp
  • Screened Pool
  • Taylor Ranch Elementary School Rated A-
  • River Access
  • Gated Community

About This Home

As of February 2018

Riverfront home with acreage (5.77 acres). This home was built with attention to detail. Volume tray ceilings with crown moulding, chefs kitchen, hardwood floors and travertine tile in most areas, electric fireplace in family room, 3 bedrooms on the first floor including the master bedroom, and an open floor plan with good flow. There is a bonus room upstairs with a balcony and a glimpse of the fishing pier and of the Myakka River. There are multiple exits from the home leading to the expansive private pool and spa area, including an outdoor kitchen space. A long fishing pier travels the length of the back 3.4 acres over the conservation easement and ends at the Myakka River, with a great spot to fish and launch your kayak. If you have motorized vessels, there is a private community boat ramp for your use. Wildlife abounds in this beautiful area, (I saw a large bald eagle yesterday). Several types of livestock are permitted including horses, subject to the terms of deed restrictions. This gated community offers a gathering area, a community swimming pool, playground, boat ramp, trails, and tennis courts.

Last Agent to Sell the Property

Mary Waldeck

SUNSTATE REALTY, LLC License #646824 Listed on: 11/07/2017

Last Buyer's Agent

Brian Walsh

SMITH & ASSOCIATES REAL ESTATE License #3308711

SMITH & ASSOCIATES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,343

Year Built

  • Built in 2005

Lot Details

  • 5.77 Acre Lot
  • 250 Feet of Waterfront
  • River Front
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned OUE

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • River
  • Pool

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,549 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • L-Shaped Dining Room
  • Den
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Fire and Smoke Detector
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • River Access
  • Fishing Pier
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Homestead Exemption
  • Tax Lot 45
  • Assessor Parcel Number 0776004190

Community Details

Overview

  • Association fees include ground maintenance, recreational facilities
  • Myakka River Trails Unrecorded Plat Of Community
  • Myakka River Trails Unrec Of Subdivision
  • The community has rules related to deed restrictions
  • Near Conservation Area

Recreation

  • Boat Ramp
  • Tennis Courts
  • Recreation Facilities
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,343

Year Built

Built in 2005

Lot Details

5.77 Acres

HOA Fees

$433 per month

Parking

3

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3549
  • Lot Size Acres: 5.77
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 5185
  • Lot Size Sq Ft: 251455
  • Status: Sold
  • Street Direction: N
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00017
  • Price per Sq Ft: 163.43
  • Close to Original List Price Ratio: 0.95098
  • Ratio: Current Price\Building Area Total: 111.86
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: 4116

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dry Bar, High Ceiling(s), L Dining, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Room Count: 4
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Foyer, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: Myakka River
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: River
  • Water Access: River
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0370F
  • Waterfront Frontage: 250
  • Water Frontage Feet River: 250
  • Additional Water Information: Dock permit was issued as a fishing pier, no motorized vessels.

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Gated Community, Playground, Tennis Courts
  • Association Amenities: Gated, Playground, Recreation Facilities, Tennis Court(s)
  • Association Fee: 1300
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5200
  • Monthly HOA Fee: 433.33
  • Total Monthly Fees: 433.33

Lot Info

  • Zoning: OUE
  • Parcel Number: 0776004190
  • Additional Parcels: No
  • Lot Features: Conservation Area, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 7343
  • Tax Lot: 45

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 7, 2018
Sold by
Suntrust Bank
Bought by
Martin Jeremy and Martin Patricia
Seller's Agent
Mary Waldeck
SUNSTATE REALTY, LLC
Buyer's Agent
Brian Walsh
SMITH & ASSOCIATES REAL ESTATE
List Price
$609,900
Sold Price
$580,000
Premium/Discount to List
-$29,900
-4.9%
Current Estimated Value
$947,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,765
Avg. Annual Appreciation
6.27%
Original Mortgage
$521,942
Outstanding Balance
$439,540
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$508,225

Purchase Details

Closed on
Oct 28, 2005
Sold by
Fqp Waterford Joint Venture
Bought by
Spaugh Stephen L and Spaugh Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,400
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 9, 2004
Sold by
Fourth Quarter Properties Xxxv Llc
Bought by
Fqp Waterford Joint Venture
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Martin Jeremy $580,000 Stewart Title
Spaugh Stephen L $1,138,200 --
Fqp Waterford Joint Venture $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jeremy $521,942
Previous Owner Spaugh Stephen L $910,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $580,000 0.0% $163 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/07/2017 12/07/17 Price Changed $579,900 -4.9% $163 / Sq Ft
11/07/2017 11/07/17 For Sale $609,900 -- $172 / 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 $7,778 $644,399 -- --
2024 $7,507 $626,238 -- --
2023 $7,507 $607,998 $0 $0
2022 $7,278 $590,289 $0 $0
2021 $7,121 $573,096 $0 $0
2020 $7,154 $565,183 $0 $0
2019 $6,934 $552,476 $0 $0
2018 $9,566 $729,300 $198,400 $530,900
2017 $7,332 $576,136 $0 $0
2016 $7,343 $703,900 $141,100 $562,800
2015 $7,477 $702,800 $136,100 $566,700
2014 $7,458 $547,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D5921074

Stellar MLS

APN: 0776-00-4190

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