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1506 Fundy Road

1506 Fundy Road, Venice, FL 34293
Sold Jun 01, 2020
$292,000
$233,600 by Regions Bank
Mortgage Due Jun 01, 2050
Sold Oct 17, 2014
$187,000
$130,900 by Regions Bank
Mortgage Due Oct 01, 2029
1506 Fundy Road has been categorized by the local assessors in Venice, FL as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1506 Fundy Road has 1,392 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 8,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 452 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1506 Fundy Road sold most recently in May 22, 2020 for a total of $292,000. If you work out the math, that's approximately a cost of $158.35 per sqft. Before that, the property was also sold for $187,000 in Sep 26, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,706 in taxes each year. 1506 Fundy Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $226,726. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Block Exterior
Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • 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: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,844
  • Gross Building Area: 1,844
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTH VENICE UNIT 27
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 7600 & 7601 SOUTH VENICE UNIT 27

Ownership

  • Current Owner : SCHUYLER MELVIN
  • Previous Owner : OLSON RANDY
  • Previous Owner 2: OLSON TAMARA
  • Owner Before Previous Owner: KRAUTH CONSTRUCTION INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L049 A055 F052
  • Census Tract: 002507

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 38H
  • Account Number: 0456110011
  • Subdivision Tract Number: 1025
  • Parcel: 0456-11-0011
  • Lot: 7600
  • Meridian: SEC 32 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.0456
  • Longitude: -82.427

    Address

  • Full Address: 1506 Fundy Rd
  • Legal Unit: 27
  • Address - House Number: 1506
  • Address - Street Name: Fundy
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Venice
  • Carrier Code: R009
  • 4-Digit Zip Code: 5513
  • Zip Code: 34293

Valuation

    Tax

  • Total Area: 2,214
  • Tax Year: 2023
  • Tax Amount: $2,706
  • Tax Rate Code Area: 4900

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 508,776
  • High Value: 606,163
  • Low Value: 411,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,600
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Loan Amount: $233,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $424,500
  • Market Land Value: $59,600
  • Market Improvement Value: $364,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,726

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11762792350
  • Current Sale Price: $292,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020070189
  • Previous Sale Recording Date: Oct 17, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $233,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Oct 17, 2014
  • Previous Mortgage Loan Amount: $130,900
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2029

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Frequently Asked Questions

What neighborhood is 1506 Fundy Road located in?
The 1506 Fundy Road is a house located in the neighborhood of South Venice in South Venice, Venice.
What is the average sales price for listings in 1506 Fundy Road?
The average sales price for units in 1506 Fundy Road is $0 currently.

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