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1536 Venice Avenue

1536 Venice Avenue, Fort Walton Beach, FL 32547
Property in Newport
Sold Feb 15, 2022
$387,500
$327,500 by University Lending Group Llc
Mortgage Due Mar 01, 2037
Sold Jun 19, 2007
$334,000
$267,200 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2037
1536 Venice Avenue in Fort Walton Beach, FL was first built in 2005 and is 19 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1536 Venice Avenue has 2,146 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,090 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of wood. For those who need parking, there is a attached garage. The garage is 470 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1536 Venice Avenue sold most recently in Feb 5, 2022 for a total of $387,500. If you work out the math, that's approximately a cost of $137.70 per sqft. Before that, the property was also sold for $334,000 in Jun 13, 2007. 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 $0 in taxes each year. 1536 Venice Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $358,312. If we break it down further, the land itself was valued at $65,474. Improvements to the property, however, were assessed at a total of $292,838. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,090
  • Total Building Area: 2,814
  • Gross Building Area: 2,814
  • Building Area: 2,146
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,146
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWPORT S/D
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEWPORT S/D LOT 33

Ownership

  • Current Owner : ABINADER RACHID G
  • Current Owner 2: ABINADER DIAMANT R
  • Previous Owner : STEEN TRAVIS A
  • Owner Before Previous Owner: LAIDLAW BRIAN S
  • Owner Before Previous Owner 2: LAIDLAW SAMANTHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021902

Geography

  • Parcel: 03-2S-24-1010-0000-0330
  • Lot: 33
  • Meridian: SEC 03 TWN 02S RNG 24W
  • Municipality: OCEAN CITY/WRIGHT FIRE
  • Latitude: 30.4411
  • Longitude: -86.6444

    Address

  • Full Address: 1536 Venice Ave
  • Address - House Number: 1536
  • Address - Street Name: Venice
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Walton Beach
  • Carrier Code: R003
  • 4-Digit Zip Code: 5739
  • Zip Code: 32547

Valuation

    Tax

  • Total Area: 2,432
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 012

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 438,140
  • High Value: 523,177
  • Low Value: 353,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,500
  • First Open Lien Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $327,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Market Valuation

  • Market Total Value: $358,312
  • Market Land Value: $65,474
  • Market Improvement Value: $292,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,312
  • Assessed Land Value: $65,474
  • Assessed Improvements Value: $292,838

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Transaction ID: 11879769152
  • Current Sale Price: $387,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3526943
  • Previous Sale Recording Date: Jun 19, 2007
  • Previous Sale Contract Date: Jun 13, 2007
  • Previous Sale Amount: $334,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Mortgage Transaction Date: Feb 15, 2022
  • First Mortgage Loan Amount: $327,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jun 19, 2007
  • Previous Mortgage Loan Amount: $267,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Newport



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Frequently Asked Questions

What neighborhood is 1536 Venice Avenue located in?
The 1536 Venice Avenue is a located in the neighborhood of Newport in Newport, Fort Walton Beach.
What is the average sales price for listings in 1536 Venice Avenue?
The average sales price for units in 1536 Venice Avenue is $0 currently.

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