NOT LISTED FOR SALE

5825 Madison Rd Venice, FL 34293

Manasota Neighborhood

Estimated Value: $300,000 - $330,000

2 Beds
2 Baths
1,344 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $350,000 $260 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,045/month

30 Days on Market

Highlights

  • Custom Home
  • Open Floorplan
  • Sun or Florida Room
  • Taylor Ranch Elementary School Rated A-
  • Separate Formal Living Room
  • Enclosed Patio or Porch

About This Home

As of April 2023

OPPORTUNITY FOR A SOLID, AFFORDABLE HOME IN SOUGHT-AFTER GULF VIEW ESTATES!! This Cute, Custom 2 Bedroom and 2 Bathroom Home is ready for a new owner to make this Home Their Own! All the major systems are in place: New Roof '22; New A/C '23; New Electric Panel '22; Replumbed; new Windows and Screens; Well for Irrigation System, and more. Special Home features include a Screened Front Entry Porch; a fully enclosed Florida Room/Lanai; a Laundry Room with storage and a Laundry Sink; and a two-Car Garage. This Split Plan features two spacious Bedrooms, each with a large Walk-in Closet. The efficient Central Kitchen has newer appliances, the Kitchen exhaust vents to the outside, and the Kitchen has a spacious Breakfast Bar for casual dining. Located in the charming community of GULF VIEW ESTATES, a "Hidden Gem" deed-restricted community with LOW HOA FEES of $265 per year. Only a short 3 miles to Manasota Key Beach and just around the corner from all of the Venice area's great shopping, dining, and entertainment! Check out the Virtual Tour and let your Imagination Run Wild!

Last Agent to Sell the Property

Eric Martell P.A

MEDWAY REALTY License #561516 Listed on: 01/31/2023

MEDWAY REALTY

Co-Listed By

Sally Martell

MEDWAY REALTY License #460389

Last Buyer's Agent

Nick Mora

STREAMPOINT REALTY LLC License #3433402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,328

Year Built

  • Built in 1983

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100
  • West Facing Home
  • Level Lot
  • Well Sprinkler System
  • Property is zoned OUE2

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Dinette
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • Cable TV Available

Community Details

  • Association fees include common area taxes, escrow reserves fund
  • Sunstate Association Management Group Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Gulf View Estates Community
  • Gulf View Estates Subdivision
  • The community has rules related to deed restrictions, fencing, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,328

Year Built

Built in 1983

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 1974
  • Lot Size Sq Ft: 8000
  • Directions to Property: South of Jacaranda on Englewood Blvd. (776) to Gulf View Estates Entrance. Immediate right turn on Washington, follow to Madison, then left to house.
  • Status: Sold
  • Co List Office Mls Id: MFR284509259
  • Co List Office Phone: 941-375-2456
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Venice
  • Escrow Postal Code: 34285
  • Escrow State: FL
  • Escrow Street Name: Venice Ave. W
  • Escrow Street Number: 341
  • List Office Head Office Key Nume: 1048411
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 260.42
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 1
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Double Pane Windows, Impact Glass/Storm Windows
  • Street Number Modifier: 5825
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 124.86
  • Room Count: 11

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Other Disclosures, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0344F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, No Truck/RV/Motorcycle Parking
  • Association Amenities: Fence Restrictions, Vehicle Restrictions
  • Association Fee: 265
  • Association Fee Frequency: Annually
  • Association Name: Sunstate Association Management Group
  • Phone: 941-870-4920
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see community EC&Rs at GulfViewEstates.com Pet restrictions are in accordance with general Sarasota County Pet Regulations
  • Association Fee Requirement: Required
  • Association Email: sean@sunstatemanagement.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: https://gulfviewestates.com/
  • Subdivision Section Number: 1

Fee Information

  • Total Annual Fees: 265.00
  • Total Monthly Fees: 22.08
  • Monthly HOA Amount: 22.08

Schools

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

Lot Info

  • Zoning: OUE2
  • Parcel Number: 0471030022
  • Additional Parcels: No
  • Lot Features: In County, Level, Paved
  • Lot Dimensions: 80x100
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 743
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1328.17
  • Tax Book Number: 7-86
  • Tax Lot: 180

Multi Family

  • Approval Process: Please see community EC&Rs at GulfViewEstates.com Tenant must be approved by management company.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Apr 12, 2023
Sold by
Ralph L Burnham And Nancy L Burnham Trus
Bought by
Benoit Richard and Caputo Louise
Seller's Agent
Eric Martell P.A
MEDWAY REALTY
Buyer's Agent
Nick Mora
STREAMPOINT REALTY LLC
List Price
$372,500
Sold Price
$350,000
Premium/Discount to List
-$22,500
-6.04%
Views
60
Current Estimated Value
$316,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,443
Avg. Annual Appreciation
-4.12%
Original Mortgage
$135,000
Outstanding Balance
$131,533
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$185,024

Purchase Details

Closed on
Feb 11, 1999
Sold by
Loverdi Nicholas S and Loverdi Stella C
Bought by
Burnham Ralph L and Burnham Nancy L
Source: Public Records

Range of Values:

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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
Benoit Richard $350,000 None Listed On Document
Burnham Ralph L $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benoit Richard $45,000
Open Benoit Richard $135,000
Previous Owner Cain Michael F $202,320
Previous Owner Burnham Ralph L $75,000
Previous Owner Burnham Ralph L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $350,000 -2.6% $260 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $359,500 -2.3% $267 / Sq Ft
02/06/2023 02/06/23 Price Changed $368,000 -1.2% $274 / Sq Ft
01/31/2023 01/31/23 For Sale $372,500 -- $277 / 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
2024 $3,607 $255,591 -- --
2023 $3,607 $267,300 $79,200 $188,100
2022 $1,334 $110,715 $0 $0
2021 $1,328 $107,490 $0 $0
2020 $1,314 $106,006 $0 $0
2019 $1,246 $103,623 $0 $0
2018 $1,181 $101,691 $0 $0
2017 $1,187 $99,599 $0 $0
2016 $1,169 $135,200 $35,700 $99,500
2015 $1,184 $114,700 $36,000 $78,700
2014 $1,192 $94,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Eric Martell P.A

    MEDWAY REALTY

    (407) 947-3617

    41 in this area

    58 Total Sales

    Eric Martell P.A
    Section Image
  • Sally Martell

    Seller Co-Listing Agent in 2023

    Sally Martell

    MEDWAY REALTY

    (407) 947-3618

    38 in this area

    53 Total Sales

    Sally Martell
    Section Image

  • N

    Buyer's Agent in 2023

    Nick Mora

    STREAMPOINT REALTY LLC

    (941) 875-0249

    1 in this area

    21 Total Sales

    Nick Mora
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N6124943

Stellar MLS

APN: 0471-03-0022

Florida Sarasota County Venice 34293 Manasota

5825 Madison Rd, Venice, FL

This home is located at 5825 Madison Rd, Venice, FL 34293 since 31 January 2023 and is currently estimated at $316,557, approximately $235 per square foot. This property was built in 1983. 5825 Madison Rd is a home located in Sarasota County with nearby schools including Taylor Ranch Elementary School, Venice Middle School, and Venice 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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