NOT LISTED FOR SALE

Valencia Residences 629 Alhambra Rd Unit 501 Venice, FL 34285

Estimated Value: $583,000 - $725,000

2 Beds
2 Baths
1,284 Sq Ft
$403/mo HOA Fee

Last Sold March 15, 2013

Last sale price $300,000 $234 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,315/month

5 Days on Market

Highlights

  • Beach Front
  • Water access To Gulf or Ocean
  • Heated Pool
  • Venice Elementary School Rated A
  • Fitness Center
  • Partial Gulf or Ocean Views

About This Home

As of March 2013

Enjoy direct beach front living on the Island of Venice - fishing, swimming, beach combing and sunsets in your own backyard. Rare opportunity to own this 2BR/2BA move-in ready beach front condo with views of the City of Venice and the Gulf of Mexico. Neutral colored tile in the main living areas and carpeted bedrooms. Enjoy your morning coffee from your own balcony overlooking the City of Venice. Valencia On The Gulf offers a large community heated pool with sun deck located directly on the beach. The building offers a secured entry with fitness room, library and storage area for residents. The building's elevator has recently been renovated, community pool has been resurfaced and patio renovated with new pavers. Great opportunity to live directly on the beach and enjoy living only minutes away from downtown Venice and all of its specialty Shoppe's, Venice Theatre, our famous "Shark Tooth Beach", Venice Fishing Pier, great local dining and many golf courses of all levels to choose from in the area. The Florida lifestyle is just waiting for you!

Last Agent to Sell the Property

Kari Battaglia

NEXTHOME SUNCOAST Brokerage Phone: 941-486-8686 License #3111936 Listed on: 01/28/2013

NEXTHOME SUNCOAST

Last Buyer's Agent

Steve Forbes

EXIT KING REALTY License #3149671

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1974

Lot Details

  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Entry on the 5th floor
  • Slab Foundation
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,284 Sq Ft Home
  • Blinds
  • Sliding Doors

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Balcony
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Spa
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, pest control, recreational facilities, trash
  • Susan Shaw 941 485 7596 Association
  • Valencia Condo Apts Community
  • Valencia Residences Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • 11-Story Property

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,863

Year Built

Built in 1974

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1284
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1399
  • Directions to Property: West on Venice Avenue, Left on Harbor Right on Alhambra.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Floor Number: 5
  • List Office Head Office Key Nume: 1047486
  • RATIO Current Price By Calculate: 233.64
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • Property Description: Corner Unit,End Unit,High Rise
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 941-486-8686
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 11
  • Window Features: Blinds
  • Street Number Modifier: 629
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 119.29
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Other Structures: Storage
  • Pool Features: Heated
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Built-Up, Other
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Water Access: Beach,Gulf/Ocean
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 300

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Shuffleboard Court, Storage
  • Association Name: Susan Shaw 941-485-7596
  • Association: No
  • Association Fee Requirement: None
  • Building Name Number: 629
  • Condo Fees: 403

Fee Information

  • Total Annual Fees: 4836.00
  • Total Monthly Fees: 403.00

Schools

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

Lot Info

  • Parcel Number: 0176151015
  • Additional Parcels: No
  • Lot Features: City Limits, Near Public Transit, Paved, Private, Zero Lot Line
  • Homestead YN: 0
  • Future Land Use: 0405

Rental Info

  • Pets Allowed: No
  • Expected Lease Date: 2013-03-15T00:00:00.000

Tax Info

  • Tax Annual Amount: 2863
  • Tax Book Number: 0006/0001
  • Tax Lot: 501

Multi Family

  • Waterfront Features: Beach Front, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2014
Sold by
Mcgrath Edward J and Mcgrath Diane J
Bought by
The Edward J Mcgrath & Diane J Mcgrath F
Current Estimated Value
$629,749

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 15, 2013
Sold by
Millott Michelle
Bought by
Mcgrath Edward J and Mcgrath Diane J
Seller's Agent
Kari Battaglia
NEXTHOME SUNCOAST
Buyer's Agent
Steve Forbes
EXIT KING REALTY
List Price
$316,000
Sold Price
$300,000
Premium/Discount to List
-$16,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jul 29, 2004
Sold by
Strand Calvin L
Bought by
Millott Michael J and Millott Sherrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2000
Sold by
Lewis Evan W
Bought by
Strand Calvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.07%
Source: Public Records

Range of Values:

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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
The Edward J Mcgrath & Diane J Mcgrath F -- Attorney
Mcgrath Edward J $300,000 None Available
Millott Michael J $385,000 Chelsea Title Company
Strand Calvin L $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Millott Michael J $305,000
Previous Owner Strand Calvin L $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $300,000 -5.1% $234 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $316,000 -- $246 / 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 $6,723 $430,445 -- --
2023 $6,723 $515,900 $0 $515,900
2022 $6,121 $432,400 $0 $432,400
2021 $5,309 $323,400 $0 $323,400
2020 $5,005 $299,000 $0 $299,000
2019 $5,540 $331,400 $0 $331,400
2018 $5,490 $327,400 $0 $327,400
2017 $5,190 $306,500 $0 $306,500
2016 $4,955 $306,800 $0 $306,800
2015 $4,369 $265,600 $0 $265,600
2014 $3,974 $217,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5779241

Stellar MLS

APN: 0176-15-1015