NOT LISTED FOR SALE

Sansovino 840 the Esplanade N Unit 503 Venice, FL 34285

Estimated Value: $940,000 - $1,070,000

2 Beds
2 Baths
1,247 Sq Ft
$500/mo HOA Fee

Last Sold March 21, 2014

Last sale price $449,900 $361 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $6,829/month

7 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach View
  • Public Beach
  • Venice Elementary School Rated A
  • Water access To Gulf or Ocean
  • Indoor Pool

About This Home

As of March 2014

Great opportunity for a gulf front condo on the island of Venice. Wonderful full gulf/beach views. Great location convenient to restaraunts, yacht club, etc. Walking distance to downtown Venice shops and attractions. Unit will require updating, but isan excellent value. Hurry this unit will not last long. New owners can not rent units for the first two years.

Last Agent to Sell the Property

Roger Piro

RE/MAX ALLIANCE GROUP License #0613357 Listed on: 02/11/2014

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Bonnie Price

License #3048779

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1974

Lot Details

  • 200 Feet of Waterfront
  • Property fronts gulf or ocean
  • Public Beach

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Pool

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,247 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, sewer, water
  • Mid-Rise Condominium
  • Sansovino The Community
  • Sansovino Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions
  • 9-Story Property

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,426

Year Built

Built in 1974

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • HOA Fee Includes: Cable TV, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1247
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 1487
  • Directions to Property: Venice Avenue, Right on The Esplanade to 840/The Sansovino
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3992625&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3992625&cview=true&show_results=true&customer_portal=true
  • Floor Number: 5
  • Homestead Y N: Yes
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: 7272
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 360.79
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 302.56
  • View: Yes
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Stories: 9
  • Street Number Modifier: 840
  • Room Count: 6
  • Additional Rooms: Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Indoor
  • Roof: Other
  • Pool Private: No
  • View: Pool, Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Beach, Gulf/Ocean - Full
  • Water Access: Beach - Public, Gulf/Ocean
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 200
  • Disclosures: Condominium Disclosure Available, Lead Paint, Other

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Waterfront Complex
  • Association Amenities: Elevator(s), Vehicle Restrictions
  • Association Fee: 1500
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 6000
  • Monthly HOA Fee: 500
  • Total Monthly Fees: 500

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0175062031
  • Additional Parcels: No
  • Future Land Use: 0405
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Num Timesper Year: 2
  • Expected Lease Date: 2014-03-21T04:00:00.000Z
  • Lease Restrictions Y N: Yes

Tax Info

  • Tax Annual Amount: 3426
  • Tax Book Number: 0008/0006
  • Tax Lot: 503

Multi Family

  • Waterfront Features: Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 21, 2014
Sold by
Lutheran Services Florida Inc and Majdanski Barbara
Bought by
Donna Mary T Reiter Revocable Trust and Reiter Thomas J
Seller's Agent
Roger Piro
RE/MAX ALLIANCE GROUP
Buyer's Agent
Bonnie Price
List Price
$449,900
Sold Price
$449,900
Current Estimated Value
$1,006,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,022
Avg. Annual Appreciation
7.22%
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
Donna Mary T Reiter Revocable Trust $449,900 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $449,900 0.0% $361 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $449,900 -- $361 / 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 $11,644 $817,367 -- --
2023 $11,644 $798,000 $0 $798,000
2022 $11,830 $854,100 $0 $854,100
2021 $10,082 $614,100 $0 $614,100
2020 $10,106 $603,700 $0 $603,700
2019 $10,348 $619,000 $0 $619,000
2018 $9,828 $589,300 $0 $589,300
2017 $8,986 $530,700 $0 $530,700
2016 $8,072 $493,800 $0 $493,800
2015 $7,158 $433,000 $0 $433,000
2014 $5,784 $316,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3992625

Stellar MLS

APN: 0175-06-2031