Welcome to great potential and endless possibilities on Siesta Key. This three bedroom, 2 bath pool home on one third of an acre in the Waterside East neighborhood is conveniently located for easy access on and off the island via the north bridge, and just a short bike ride to the vibrant Siesta Key Village and the world-famous Siesta Key beach. Enjoyed as a permanent residence by the current owners since 1989, it is ready for the next chapter awaiting a new owner to bring their vision to transform it into their personal oasis. Re-plumbed in 2011, new roof 2014 and entire interior freshly painted September 2024. A popular split bedroom floor plan features an ensuite primary bedroom with lanai access on one side of the home and two guest bedrooms sharing a bathroom on the other. Garage with side service door and built in shelving has new beautiful epoxy-finish floor. The yard is spacious on all four sides and presents opportunity for various scenarios including a circular drive, a grassed lawn and additional fences. The pristine private pool is surrounded by tiled patio with undercover space. No through traffic on this short cul-de-sac lane off of Commonwealth Drive. Whether as a vacation home or a permanent residence, the Siesta Key lifestyle affords the tranquil island dynamic coupled with diverse dining options, shopping galore, pristine award-winning beaches and just a few minutes to the mainland and Southside Village and downtown Sarasota. Don't miss out on this chance to embrace the coastal lifestyle on Siesta Key at a price point that leaves room for you to make your mark and see this home shine. *This home had some water intrusion during Helene - the first time any water came in the house in 35 years. No impact from Milton except lawn debris.
Property Details
Property Features
Property Information:
Year Built: 1972
Stories: 1
Living Area: 1,453 SqFt
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 383-6411
Listing Agent: Kelly Rosenberg
Interior Features
Interior Information:
Appliances: Oven, Dishwasher, Electric Water Heater, Range, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Interior: Eat-in Kitchen, Living Room/Dining Room Combo, Split Bedroom
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: Yes
Exterior: Sliding Doors
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot Size: 0.30 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Central Air
Other
Directions Information:
Directions: From US 41 go west on Siesta Drive, continue over the north bridge and bear left at the traffic light onto Midnight Pass Rd. Turn right on Commonwealth Drive, take first left onto Venice Lane. 631 is 4th home on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $799,000
Price Per SqFt: $550/SqFt
HOA Fees:
Amount: $500
Frequency: Annually
Tax Information:
Annual Amount: $2,904
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $283.4K more than the Median Sold Price and $247/SqFt more than other homes in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4618760
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 383-6411
Listing Agent: Kelly Rosenberg
Listings courtesy of Stellar MLS as distributed by 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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 10:19:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$2,904
$232,941
2019
$2,795
$227,704
2018
$2,721
$223,458
2017
$2,706
$218,862
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,096
Per Month
Principal & Interest
$3,988
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$41
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,462
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school1.61 miles
Public Magnet Grades PK-5
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school2.25 miles
Public District Grades PK-5
6
/10
Gulf Gate Elementary School
6500 S Lockwood Ridge Rd
Distance between this listing and this school3.14 miles
Public District Grades PK-5
Nearby Schools
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school2.15 miles
Public Magnet Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school3.61 miles
Public Charter Grades PK-8
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school4.17 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school1.38 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.09 miles
Public Magnet Grades 9-12
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school3.36 miles
The neighbors living near this home have an average income of $109,115. Typical income of Sarasota, FL residents is between $100k-200k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 631 Venice Ln
What is the listing price of this property?
The listing price of 631 Venice Ln property is $799,000.
What type of property is this?
The property 631 Venice Ln is a house located in Sarasota, Florida, 34242.
Is this property for sale now?
Active Listing: 631 Venice Ln is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,904 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 631 Venice Ln has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 631 Venice Ln is 1,453 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 631 Venice Ln is 1972.
This home is located at 631 Venice Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,453 square foot home, which was built in 1972, sits on a 0.30 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $799,000.
Sarasota, FL housing market in November 2024 saw over 12 listings sold above listed price, more than 48 sold at listed price and over 237 sold below. The number of homes for sale in Sarasota, FL increased by 9.7% between October 2024 and November 2024. In November 2024 median list price was $515,531 and the average listing age was 76 days.
From Rocket Homes Real Estate and based on county public records data.