NOT LISTED FOR SALE

577 Venice Ln Sarasota, FL 34242

Estimated Value: $1,685,827 - $1,956,000

0.23 Acre
$7,763,943 Price per Acre
10,200 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $349,000

Est. 412% increase in value since last sale

Current estimated payment $10,503/month

7 Days on Market

About This Lot

As of September 2019

This 10,200 Sq Ft Vacant Lot on Siesta Key is perfect for your next home. It is the best priced lot on the island. Short distance to Siesta Key Beach and the Village, in a lovely quiet neighborhood. Lots are very rare on Siesta Key, so secure you own piece of paradise on this wonderful Island before it is gone.

Last Agent to Sell the Property

Maurice Connaughton

License #3133453 Listed on: 07/30/2019

Last Buyer's Agent

Kristina Waskom

MICHAEL SAUNDERS & COMPANY License #3053404

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,019

Lot Details

  • 10,200 Sq Ft Lot
  • Lot Dimensions are 85x120
  • Property is zoned RSF2

HOA Fees

  • $8 Monthly HOA Fees

Community Details

  • Siesta Key Association
  • Siesta Bayside Community
  • Siestas Bayside Waterside East Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 0079150023

Property Details

Property Type

Land

Est. Annual Taxes

$3,019

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10200
  • Directions to Property: Head South on Tamiami Trl, turn right onto Siesta Dr, continue onto State Hwy 758/Higel Ave, slight left onto Midnight Pass Rd, turn right onto Commonwealth Dr, turn right onto Venice Ln, destination will be on the right.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 34.22
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 577

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 85
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0141F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: Siesta Key
  • Phone: na
  • Association: Yes
  • Association Website: na
  • Association Email: na
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 100
  • Monthly HOA Fee: 8.33
  • Total Monthly Fees: 8.33

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0079150023
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 85X120
  • Price Per Acre: 1517391
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3019
  • Tax Book Number: 19-31
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Talkie James L and Talkie Sharon K
Bought by
Day Bruce P and Day Dolores J
Current Estimated Value
$1,785,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$491,759
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,322,033

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 19, 2019
Sold by
Suarez Melissa A
Bought by
Talkie James L and Talkie Sharon K
Seller's Agent
Maurice Connaughton
Buyer's Agent
Kristina Waskom
MICHAEL SAUNDERS & COMPANY
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.73%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Nov 9, 2018
Sold by
Smith Michael M
Bought by
Suarez Melissa A
Seller's Agent
Michelle Ward
COMPASS FLORIDA LLC
Buyer's Agent
Maurice Connaughton
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%
Original Mortgage
$221,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2005
Sold by
Engelhardt Ronald and Englehardt Edith G
Bought by
Smith Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Engelhardt Ronald and Engelhardt Edith G
Bought by
Engelhardt Ronald and Engelhardt Edith G

Purchase Details

Closed on
May 19, 1997
Sold by
Meadows Marvin D
Bought by
Engelhardt David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,900
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1993
Sold by
Kirwan Randall J and Kirwan Flora R
Bought by
Kirwan Randall J and Kirwan Flora R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
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
Day Bruce P $925,000 Attorney
Talkie James L $349,000 Attorney
Suarez Melissa A $295,000 Attorney
Smith Michael M $320,000 --
Engelhardt Ronald -- --
Engelhardt David S $179,900 --
Kirwan Randall J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Bruce P $548,250
Previous Owner Suarez Melissa A $221,250
Previous Owner Smith Michael M $406,500
Previous Owner Smith Michael M $224,000
Previous Owner Engelhardt David S $161,900
Previous Owner Kirwan Randall J $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $349,000 0.0% --
08/06/2019 08/06/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $349,000 +18.3% --
11/09/2018 11/09/18 Sold $295,000 -7.8% --
09/26/2018 09/26/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $319,900 -1.6% --
02/07/2018 02/07/18 For Sale $325,000 -- --
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 $12,783 $1,113,666 -- --
2023 $12,783 $1,081,229 $0 $0
2022 $12,480 $1,049,737 $0 $0
2021 $4,283 $344,200 $344,200 $0
2020 $3,459 $274,600 $274,600 $0
2019 $2,861 $227,400 $227,400 $0
2018 $3,019 $255,000 $255,000 $0
2017 $2,840 $199,557 $0 $0
2016 $2,578 $207,700 $207,700 $0
2015 $2,271 $170,400 $170,400 $0
2014 $2,102 $136,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Maurice Connaughton

    Section Image

  • I

    Seller's Agent in 2019

    Irish Connaughton

    EXP REALTY LLC

    (941) 600-9382

    3 Total Sales

    Irish Connaughton
    Section Image
  • Kristina Waskom

    Buyer's Agent in 2019

    Kristina Waskom

    Michael Saunders

    (941) 266-8658

    22 in this area

    61 Total Sales

    Kristina Waskom
    Section Image
  • Michelle Ward

    Seller's Agent in 2018

    Michelle Ward

    COMPASS FLORIDA LLC

    (941) 920-2460

    8 in this area

    445 Total Sales

    Michelle Ward
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4440604

Stellar MLS

APN: 0079-15-0023

Florida Sarasota County Sarasota 34242

577 Venice Ln, Sarasota, FL

This home is located at 577 Venice Ln, Sarasota, FL 34242 since 30 July 2019 and is currently estimated at $1,785,707. 577 Venice Ln is a home located in Sarasota County with nearby schools including Phillippi Shores Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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