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Sarasota 34292 Chestnut Creek Estates
1245 Harbor Town WAY
$390,000
● House - Off Market

1245 Harbor Town WAY

VENICE, FL 34292
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,954 Ft²
$530,420
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Finally....a COURTYARD POOL HOME in a great neighborhood.  This 3BR/3BA/2CG is located in the PATIOS of Chestnut Creek.  Enjoy your totally private small POOL with a WATERFALL for all day peaceful  ambience.  There is a freestanding guest suite w/bath (Casita) for your visitors or family members wanting complete privacy, it could easily be a Mother-in-law suite. This home offers a different style of living with an open feeling between all the rooms, sliders and French doors to the courtyard area which opens up endless entertaining possibilities. Plus the oversized lanai on the back of the home has an expansive  water view.  So the best of all worlds, private courtyard or open to the water, such decisions!  The association has a private clubhouse, with pool, shuffleboard and tennis.  Schedule your tour today!!
Unit Size
1,954 Ft²
Days on Market
106 days
Land Size
0.14 acres
Price per sqft
$261
Property Type
House
Property Taxes
$200
HOA Dues
$388
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #N6121615)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jun 2, 2022 Listed by RE/MAX PLATINUM REALTY $510,000
Listed by RE/MAX PLATINUM REALTY
Nov 3, 2003 Sold
Premium
Sold
Jul 16, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 9
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,394
  • Gross Building Area: 2,419
  • Building Area: 1,954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,954
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE PATIO HOMES OF CHESTNUT CREEK UNIT 2
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 459 PATIO HOMES OF CHESTNUT CREEK THE UNIT 2

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002716

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 38A
  • Account Number: 0421030027
  • Subdivision Tract Number: 2425
  • Parcel: 0421-03-0027
  • Lot: 459
  • Meridian: SEC 14 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.0923
  • Longitude: -82.3789

    Address

  • Full Address: 1245 Harbor Town Way
  • Legal Unit: 2
  • Address - House Number: 1245
  • Address - Street Name: Harbor Town
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Venice
  • Carrier Code: R017
  • 4-Digit Zip Code: 3118
  • Zip Code: 34292

Valuation

    Tax

  • Total Area: 2,766
  • Tax Year: 2023
  • Tax Amount: $513,114
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 522,624
  • High Value: 628,287
  • Low Value: 416,960

    Market Valuation

  • Market Total Value: $435,100
  • Market Land Value: $118,400
  • Market Improvement Value: $316,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,100
  • Assessed Land Value: $118,400
  • Assessed Improvements Value: $316,700

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 151807
  • Previous Sale Recording Date: Nov 03, 2003
  • Previous Sale Contract Date: Oct 31, 2003
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chestnut Creek Estates

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$234

Below Asking

0.04%

Average Days on Market

72

Average Home Size

1710 ft²

Average Home Age

36.8 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 20405 Cavallo Court, VENICE, FL, 34292

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,703 ft²
20405 Cavallo Court, VENICE, FL, 34292 Listing by Amber Lynch
Unit for rent at 902 W Shannon Court, VENICE, FL, 34293

$3,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,104 ft²
902 W Shannon Court, VENICE, FL, 34293 Listing by Maria Teresa Batista Gonzalez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Sandi Tresh
RE/MAX PLATINUM REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# N6121615
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1245 Harbor Town Way built and last sold?
The property at 1245 Harbor Town Way was built in 1997 and last sold on Sep 16, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 1245 Harbor Town Way is $0.
What are some comparable homes to 1245 Harbor Town Way?
There are currently no comparable homes to 1245 Harbor Town Way.
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