NOT LISTED FOR SALE

5831 Buchanan Rd Venice, FL 34293

Estimated Value: $403,000 - $444,000

3 Beds
2 Baths
1,986 Sq Ft
$212/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $450,000 $227 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,419/month

4 Days on Market

Highlights

  • Above Ground Pool
  • Garden View
  • Laundry Room
  • Taylor Ranch Elementary School Rated A-
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of May 2024

Entering the front door be greeted with vaulted ceilings and a wall of windows highlighting the serene lanai and crystal blue waters of the private swimming pool. A generous covered patio provides the perfect location to enjoy the morning cup of coffee as the sun rises, or that perfect beverage for happy hour. The wall of windows opens from two sides to provide the perfect indoor outdoor living. The open floorplan needs a little updating, but a NEWER AC UNIT and NEW ROOF provides peace of mind the hard stuff is taken care of. The primary bedroom features a large en-suite bath, two walk in closets and patio door access that feels like a private retreat. The two additional bedrooms are split and have their own access to the pool lanai. A large laundry room with its cabinetry provides ample storage. The two car garage features a full garage screen door to be able to make the existing workshop very usable. The home comes with hurricane shutters and with a new roof don’t be afraid of the Florida insurance market. Minutes from Manasota Key. Convenient shopping around the corner with Pubix, Walmart, Target, and Bealls. Atlanta Braves Spring Training, Costco and fine dining options abound in Wellen Park down the street. Eclectic lifestyle options found in downtown Venice a short drive away. Premier healthcare available from the recently opened Sarasota Memorial Hospital.

Last Agent to Sell the Property

Mark Midyett

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3261717 Listed on: 03/21/2024

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Eric Martell P.A

MEDWAY REALTY License #561516

MEDWAY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,159

Year Built

  • Built in 1992

Lot Details

  • 8,000 Sq Ft Lot
  • West Facing Home
  • Garden
  • Property is zoned OUE2/OPEN

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Cement Siding
  • Stucco

Interior Spaces

  • 1,986 Sq Ft Home
  • 1-Story Property
  • Attic Fan
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sean Noonan Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Gulf View Estates Community
  • Gulf View Estates Unit 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,159

Year Built

Built in 1992

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding, Stucco
  • Fireplace: No
  • Living Area: 1986
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2746
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 255.11
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Fruitville
  • Floor Number: 1
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 226.59
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Fan
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 184.51

Exterior Features

  • Direction Faces: West
  • Pool Features: Above Ground
  • Exterior Features: Garden
  • Roof: Shingle
  • Pool Private: Yes
  • View: Garden, Pool
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0344F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 265
  • Association Fee Frequency: Annually
  • Association Name: Sean Noonan
  • Phone: 9418704920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: brian@sunstatemanagement.com
  • Association URL: sunstatemanagement.com

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/OPEN
  • Parcel Number: 0471010098
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact HOA

Tax Info

  • Tax Annual Amount: 2159.25
  • Tax Block: 0
  • Tax Book Number: 07/86
  • Tax Lot: 0

Multi Family

  • Approval Process: Contact HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 7, 2024
Sold by
Merkling Paul Ernest and Gerda Elfriede Merkling Trust
Bought by
Needham Charles M and Needham Tiana Ashlin
Seller's Agent
Mark Midyett
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Eric Martell P.A
MEDWAY REALTY
List Price
$450,000
Sold Price
$450,000
Views
1
Current Estimated Value
$420,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,856
Avg. Annual Appreciation
-3.91%
Original Mortgage
$450,000
Outstanding Balance
$442,389
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
-$22,245

Purchase Details

Closed on
Aug 4, 2003
Sold by
Merkling Gerda Elfriede
Bought by
Merkling Gerda Elfriede
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
Needham Charles M $450,000 None Listed On Document
Merkling Gerda Elfriede -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Needham Charles M $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $450,000 0.0% $227 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $450,000 -- $227 / 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 $2,551 $330,800 $84,000 $246,800
2024 $2,159 $198,637 -- --
2023 $2,159 $170,151 $0 $0
2022 $2,356 $187,895 $0 $0
2021 $2,282 $182,422 $0 $0
2020 $2,275 $179,903 $0 $0
2019 $2,183 $175,858 $0 $0
2018 $2,118 $172,579 $0 $0
2017 $2,106 $169,029 $0 $0
2016 $2,100 $213,300 $35,700 $177,600
2015 $2,133 $189,300 $36,000 $153,300
2014 $2,124 $160,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4603485

Stellar MLS

APN: 0471-01-0098