$295,000
SOLD NOV 9, 2018

577 Venice Ln Sarasota, FL 34242

0.23 Acre
$1,282,609 Price per Acre
10,200 Sq Ft Lot

Recently Sold

9% Below List Price

230 Days on Market

About This Lot

As of September 2019

Don't miss out on this amazing opportunity to build your Siesta Key home. This oversized home site located on the North End of Siesta Key is available at an amazing price. Plenty of room on the 10,200 sqft lot (85X120). Buyers and Builders Welcome! A Must see

Last Agent to Sell the Property

Michelle Ward

COMPASS FLORIDA LLC License #3272126 Listed on: 02/07/2018

COMPASS FLORIDA LLC

Last Buyer's Agent

Maurice Connaughton

License #3133453

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,840

Lot Details

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

HOA Fees

  • $8 Monthly HOA Fees

Community Details

  • 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

$2,840

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: Midnight Pass Rd to north on Commonwealth Rd then right on Venice Lane. Vacant land is on the right
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.92216
  • Price per Sq Ft: 28.92
  • Close to Original List Price Ratio: 0.90769
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • 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
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • 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: 1282609
  • 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: 2840
  • 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 Type Sale Price Title Company
Warranty Deed $925,000 Attorney
Warranty Deed $349,000 Attorney
Warranty Deed $295,000 Attorney
Warranty Deed $320,000 --
Interfamily Deed Transfer -- --
Warranty Deed $179,900 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $221,250 Commercial
Previous Owner $406,500 Unknown
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $161,900 Purchase Money Mortgage
Previous Owner $136,000 Purchase Money Mortgage
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

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Map

Source: Stellar MLS

MLS Number: A4209602

Stellar MLS

APN: 0079-15-0023