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1311 Lambeth Circle

1311 Lambeth Circle, Venice, FL 34292
Property in Venice Acres
Sold Jun 17, 1997
$152,000
$144,400 by Standard Fed Bk
Mortgage
Sold Dec 05, 1995
$158,000
$126,400 by Navy Fed Credit Union
Mortgage
Local assessors in Venice, FL have categorized 1311 Lambeth Circle as a residential type of property. The home was built in 1982 and is 42 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 57,317 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1311 Lambeth Circle has a total of 2,210 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 625 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a hip style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1311 Lambeth Circle sold most recently in Jun 16, 1997 for a total of $152,000. If you work out the math, that's approximately a cost of $53.62 per sqft. Before that, the property was also sold for $158,000 in Nov 20, 1995. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,086 in taxes each year. 1311 Lambeth Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $245,060. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 57,317
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,835
  • Gross Building Area: 2,835
  • Building Area: 2,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: VENICE ACRES UNIT 2
  • Land Acres: 1.316
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 88 VENICE ACRES UNIT 2

Ownership

  • Current Owner : KEARNEY RAYMOND J
  • Current Owner 2: KEARNEY CAROLYN N
  • Previous Owner : OLSON JAMES R
  • Owner Before Previous Owner: ANN HUSEMAN ROGER DAVID
  • Owner Before Previous Owner 2: ANN HUSEMEN PATRICIA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002730

Zoning

  • Zoning: RE2

Geography

  • Assessors Map Reference: 38B
  • Account Number: 0400150005
  • Subdivision Tract Number: 1997
  • Parcel: 0400-15-0005
  • Lot: 88
  • Meridian: SEC 03 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1091
  • Longitude: -82.3891

    Address

  • Full Address: 1311 Lambeth Cir
  • Legal Unit: 2
  • Address - House Number: 1311
  • Address - Street Name: Lambeth
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Venice
  • Carrier Code: R006
  • 4-Digit Zip Code: 1643
  • Zip Code: 34292

Valuation

    Tax

  • Total Area: 3,433
  • Tax Year: 2023
  • Tax Amount: $3,086
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 655,438
  • High Value: 763,200
  • Low Value: 547,676

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $194,400
  • First Open Lien Mortgage Lender: STANDARD FED BK
  • First Open Lien Mortgage Recording Date: Jun 17, 1997
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $144,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: SOUTHTRUST BANK
  • Second Open Lien Mortgage Recording Date: Aug 05, 2002
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $579,600
  • Market Land Value: $262,300
  • Market Improvement Value: $317,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 1997
  • Current Sale Recording Date: Jun 17, 1997
  • Current Sale Transaction ID: 1083085065
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 05, 1995
  • Previous Sale Contract Date: Nov 20, 1995
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANDARD FED BK
  • First Mortgage Transaction Date: Jun 17, 1997
  • First Mortgage Loan Amount: $144,400

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FED CREDIT UNION
  • Previous Mortgage Transaction Date: Dec 05, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $126,400

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Frequently Asked Questions

What neighborhood is 1311 Lambeth Circle located in?
The 1311 Lambeth Circle is a located in the neighborhood of Venice Acres in Venice Acres, Venice.
What is the average sales price for listings in 1311 Lambeth Circle?
The average sales price for units in 1311 Lambeth Circle is $0 currently.

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