NOT LISTED FOR SALE

551 Zephyr Rd Venice, FL 34293

South Venice Neighborhood

Estimated Value: $309,000 - $353,000

2 Beds
2 Baths
1,372 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $399,900 $291 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,079/month

4 Days on Market

Highlights

  • Reverse Osmosis System
  • Main Floor Primary Bedroom
  • Stone Countertops
  • Venice Elementary School Rated A
  • Bonus Room
  • No HOA

About This Home

As of March 2022

Bring all your toys to this fully renovated 2 bed 2 bath in-law suite home with no HOA fees or regulations, plenty of parking and extras. Located outside the flood zone, this home is energy efficient with low monthly utility bills and homeowners' insurance. Owner designed this versatile property for long term ownership but needs to relocate. This home is built to last! Situated in a quiet neighborhood, just off the Venetian Waterway Park trail system (and intracoastal waterway), giving you a short bike ride to downtown Venice (shopping and restaurants) along with quick and easy access to private beaches, parks, and waterways. Concrete block construction, fully updated with hurricane impact rated windows and doors, new 50-year lifetime architectural roof with transferable warranty, upgraded 200-amp electrical service and wiring throughout, new hot water heater, water filtration system and plumbing throughout. New high efficiency mini split heating and cooling systems with independent room climate control. Newly renovated kitchen (stainless steel appliances, quartz countertops, large stainless sinks). Bathrooms feature Designer glass tiles and lighting, double walk-in showers with rain shower overhead unit - handheld shower. Bedrooms feature walk in closets and tile flooring throughout. Second bedroom has separate entrance with extra living space & wet bar. Large two car garage fully updated. Fully fenced & landscaped private yard with patio, outdoor shower, firepit, shed and water harvesting rain barrel for your future garden. No contract contingencies / inspections are for informational purposes only

Last Agent to Sell the Property

Moe Mossa

SAVVY AVENUE, LLC License #3432985 Listed on: 01/08/2022

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1976

Lot Details

  • 8,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned RSF3

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,372 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Bonus Room
  • Porcelain Tile

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • Thermostat
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • South Venice Community
  • South Venice Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,872

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1372
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1976
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521685?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4521685?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 291.47
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Room Count: 3
  • Additional Rooms: Bonus Room

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0333F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Off Street, Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0434140004
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04

Rental Info

  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1872
  • Tax Book Number: 7-10
  • Tax Lot: 12163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Mar 3, 2022
Sold by
Vincent Dove
Bought by
Kloster Nickolas F and Kloster Icaylee N
Seller's Agent
Moe Mossa
SAVVY AVENUE, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$333,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,572
Avg. Annual Appreciation
-4.61%
Original Mortgage
$343,800
Outstanding Balance
$319,486
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$13,842

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 11, 2019
Sold by
Fav Ira Llc
Bought by
Dove Vincent
Seller's Agent
Cindy Esselburn
RESULTS REALTY GROUP LLC
Buyer's Agent
Cindy Esselburn
RESULTS REALTY GROUP LLC
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.53%

Purchase Details

Closed on
Jan 5, 2011
Sold by
Wells Fargo Bank Na
Bought by
Fav Ira Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Lincoln Justin
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 28, 2006
Sold by
Perry Carol
Bought by
Lincoln Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 1997
Sold by
Richardson Madeline E and Richardson Robert R
Bought by
Perry Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kloster Nickolas F $399,900 Blade & Blade Pa
Dove Vincent $170,000 Blade Title Company
Fav Ira Llc $61,450 None Available
Wells Fargo Bank Na -- None Available
Lincoln Justin $192,500 --
Perry Carol $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kloster Nickolas F $343,800
Previous Owner Lincoln Justin $38,500
Previous Owner Lincoln Justin $154,000
Previous Owner Perry Carol $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $399,900 0.0% $291 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $399,900 +135.2% $291 / Sq Ft
11/20/2019 11/20/19 Sold $170,000 -5.5% $128 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $179,900 -- $135 / 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
2025 $4,035 $277,600 $69,200 $208,400
2024 $4,355 $297,500 $69,200 $228,300
2023 $4,355 $326,600 $59,600 $267,000
2022 $1,930 $160,811 $0 $0
2021 $1,950 $156,127 $0 $0
2020 $1,638 $130,500 $27,200 $103,300
2019 $1,801 $110,000 $32,000 $78,000
2018 $1,828 $118,300 $31,600 $86,700
2017 $1,706 $98,402 $0 $0
2016 $1,653 $102,200 $19,500 $82,700
2015 $1,560 $91,800 $12,000 $79,800
2014 $1,437 $67,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moe Mossa

    Seller's Agent in 2022

    Moe Mossa

    SAVVY AVENUE, LLC

    (888) 490-1268

    6 in this area

    2,741 Total Sales

    Moe Mossa
    Section Image
  • Cindy Esselburn

    Seller's Agent in 2019

    Cindy Esselburn

    RESULTS REALTY GROUP LLC

    (941) 786-4731

    3 in this area

    17 Total Sales

    Cindy Esselburn
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4521685

Stellar MLS

APN: 0434-14-0004

Florida Sarasota County Venice 34293 South Venice

551 Zephyr Rd, Venice, FL

Not Listed for Sale

Detached

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