NOT LISTED FOR SALE

Estimated Value: $309,000 - $393,000

2 Beds
2 Baths
1,662 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 03, 2024

Last sale price $263,000 $158 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,113/month

46 Days on Market

Highlights

  • 150 Feet of Creek Waterfront
  • Home fronts a pond
  • Cathedral Ceiling
  • Venice Elementary School Rated A
  • View of Trees or Woods
  • Florida Architecture

About This Home

As of September 2024

One or more photo(s) has been virtually staged. Unleash Your Creativity with this 2-bedroom, 2-bath, 1661 sq. ft. fixer-upper in the tranquil South Venice neighborhood. This solid concrete block with stucco ranch home offers an incredible opportunity to reinvent and make it your own. In need of complete redo inside.

PRIME LOCATION:
South Venice, a long-established community in Sarasota County, is known as one of the best places to live in Florida. Enjoy highly rated schools, beautiful beaches, a superb dog beach, and charming Old Main Street shops that evoke the essence of old Florida.

ENDLESS POSSIBILITIES:
A property that needs gutting, use the additional square footage from the breezeway off the garage and the enclosed rear Florida room as a flex or reconfigured second full bathroom/mud room area. The home features cathedral ceilings with wood beams in the living room, adding to its character. The primary and second bedroom are a jack 'n jill layout. Laundry room access in the garage, including convenient utility sink.

SPACIOUS LOT:
Situated on an oversized lot over a third of an acre, this property provides ample outdoor space. With dimensions of 50 feet at the road, 215 feet at the back, 128 feet to the southwest, and 60 feet to the east, there’s plenty of room for outdoor activities and landscaping.

RECENT UPGRADES:
New shingle roof (2023)
New 2.5-ton AC unit (2020)
Enclosed back porch area (2001, per permitting)

UNIQUE FEATURES:
Partial morning sunrises with a southeast-facing backyard.
The property is partially in zone AE and partially in zone X, requiring a small flood policy.
A pond beyond the backyard area can occasionally overflow, adding a natural water feature.

UTILITIES: On well and septic.

IMAGINE:
Bring your vision to life in this serene and convenient South Venice location. Don’t miss this incredible opportunity to create your dream home!

Last Agent to Sell the Property

Shayla Twit

CORCORAN DWELLINGS REALTY Brokerage Phone: 941-383-6411 License #3025227 Listed on: 06/26/2024

CORCORAN DWELLINGS REALTY

Last Buyer's Agent

Shayla Twit

CORCORAN DWELLINGS REALTY Brokerage Phone: 941-383-6411 License #3025227 Listed on: 06/26/2024

CORCORAN DWELLINGS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1980

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 62x215
  • Home fronts a pond
  • 150 Feet of Creek Waterfront
  • Northwest Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irregular Lot
  • Sloped Lot
  • Landscaped with Trees
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage
  • Driveway

Property Views

  • Woods
  • Creek or Stream
  • Park or Greenbelt

Home Design

  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,662 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Sun or Florida Room
  • Security System Owned
  • Laundry in Garage

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Private Mailbox

Schools

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

Utilities

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

Additional Features

  • Flood Zone Lot
  • Drainage Canal

Community Details

  • No Home Owners Association
  • South Venice Community
  • South Venice Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,388

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1662
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 2144
  • Lot Size Sq Ft: 13348
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 199.18
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 10+
  • RATIO Current Price By Calculate: 158.24
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-383-6411
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 154.40

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • View: Park/Greenbelt, Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Concrete
  • Disclosures: Seller Property Disclosure
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Additional Water Information: VERY PARTIAL CREEK that retains from the pond nearby/next door.
  • Water Frontage Feet Creek: 150

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See Sarasota County

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0452080143
  • Additional Parcels: No
  • Lot Features: Drainage Canal, FloodZone, In County, Irregular Lot, Oversized Lot, Sloped
  • Lot Dimensions: 62x215
  • Flood Zone Code: X/AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See Sarasota County

Tax Info

  • Tax Annual Amount: 3388
  • Tax Book Number: 6-90
  • Tax Lot: 9451

Multi Family

  • Waterfront Features: Creek, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Sep 3, 2024
Sold by
Borgmann Rebecca Lynn
Bought by
Prather Holdings Llc
Seller's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
Buyer's Agent
Shayla Twit
CORCORAN DWELLINGS REALTY
List Price
$312,900
Sold Price
$263,000
Premium/Discount to List
-$49,900
-15.95%
Views
56
Current Estimated Value
$350,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,472
Avg. Annual Appreciation
23.90%
Original Mortgage
$321,000
Outstanding Balance
$316,712
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$33,760

Purchase Details

Closed on
Jan 17, 1994
Sold by
Antonius Bruce and Antonius Jean
Bought by
Borgmann Paul J and Borgmann Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,225
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Prather Holdings Llc $300,000 New Title Company
Borgmann Paul J $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prather Holdings Llc $321,000
Previous Owner Borgmann Paul J $81,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $263,000 -15.9% $158 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $312,900 0.0% $188 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $312,900 -3.7% $188 / Sq Ft
06/26/2024 06/26/24 For Sale $324,900 -- $195 / 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
2025 $3,571 $237,100 $92,400 $144,700
2024 $3,458 $254,000 $92,400 $161,600
2023 $3,458 $247,400 $79,400 $168,000
2022 $1,197 $96,919 $0 $0
2021 $1,200 $94,096 $0 $0
2020 $1,182 $92,797 $0 $0
2019 $1,119 $90,711 $0 $0
2018 $1,073 $89,020 $0 $0
2017 $1,064 $87,189 $0 $0
2016 $1,048 $126,000 $25,200 $100,800
2015 $1,053 $111,900 $17,200 $94,700
2014 $1,047 $82,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4614743

Stellar MLS

APN: 0452-08-0143