NOT LISTED FOR SALE

718 Apalachicola Rd Unit A & B Venice, FL 34285

Estimated Value: $610,000 - $760,000

3 Beds
3 Baths
1,842 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $485,000 $263 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,293/month

1 Day on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Venice Elementary School Rated A
  • Furnished
  • Separate Outdoor Workshop

About This Home

As of October 2020

Rear duplex property on the market at a great price. The possibilities are endless with this property. Two units are ready for new ownership. Imagine living in the two bedroom unit and having steady income produced by the adjacent unit, or renting both units out seasonally, or annually. This is a beautiful property on the Island in Venice. Real Island living! Look at the map and that location! Island, Beach, Fun!

Last Agent to Sell the Property

Brian Wacnik

COLDWELL BANKER SARASOTA CENT. License #3416801 Listed on: 09/03/2020

COLDWELL BANKER SARASOTA CENT.

Last Buyer's Agent

Brian Wacnik

COLDWELL BANKER SARASOTA CENT. License #3416801 Listed on: 09/03/2020

COLDWELL BANKER SARASOTA CENT.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,886

Year Built

  • Built in 1950

Lot Details

  • 7,597

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,842 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 7,597 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 2,387 Sq Ft Building
  • Venice Gulf View Community
  • Venice Gulf View Rep Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,886

Year Built

Built in 1950

Lot Details

7,597 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1842
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 2387
  • Lot Size Sq Ft: 7597
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477217?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477217?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92383
  • Price per Sq Ft: 263.3
  • Close to Original List Price Ratio: 0.92383
  • Ratio: Current Price\Building Area Total: 203.18
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile, Hardwood
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Additional Rooms: Family Room
  • Number Of Buildings: 1

Exterior Features

  • Other Structures: Shed(s), Workshop
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0175110041
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: irregular shape
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5886.4
  • Tax Block: 3
  • Tax Book Number: 4-97
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 12, 2020
Sold by
Kordick Richard P and Richard P Kordick Revocable Tr
Bought by
Toups Bishop L
Seller's Agent
Brian Wacnik
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Brian Wacnik
COLDWELL BANKER SARASOTA CENT.
List Price
$524,990
Sold Price
$485,000
Premium/Discount to List
-$39,990
-7.62%
Current Estimated Value
$702,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,725
Avg. Annual Appreciation
7.07%
Original Mortgage
$388,000
Outstanding Balance
$343,541
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$359,184

Purchase Details

Closed on
Jun 30, 2020
Sold by
Kordick Richard P
Bought by
Kordick Richard P and The Richard P Kordick Revocabl

Purchase Details

Closed on
Jan 20, 1998
Sold by
Stephenson William
Bought by
Kordick Richard P and Kordick Ruth M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Toups Bishop L $485,000 Attorney
Kordick Richard P -- Attorney
Kordick Richard P $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toups Bishop L $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $485,000 -7.6% $263 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $524,990 -- $285 / 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 $7,646 $550,355 -- --
2024 $7,454 $500,323 -- --
2023 $7,454 $541,200 $399,600 $141,600
2022 $7,099 $500,100 $400,700 $99,400
2021 $6,171 $375,900 $310,000 $65,900
2020 $6,611 $416,700 $303,500 $113,200
2019 $5,864 $359,000 $254,700 $104,300
2018 $5,886 $403,300 $294,700 $108,600
2017 $4,912 $285,040 $0 $0
2016 $4,439 $279,000 $233,800 $45,200
2015 $3,893 $238,700 $189,400 $49,300
2014 $3,718 $192,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Wacnik

    Seller's Agent in 2020

    Brian Wacnik

    COLDWELL BANKER SARASOTA CENT.

    (941) 875-4574

    5 in this area

    103 Total Sales

    Brian Wacnik
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4477217

Stellar MLS

APN: 0175-11-0041

Florida Sarasota County Venice 34285

718 Apalachicola Rd Unit A & B, Venice, FL

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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