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Sarasota 34293 Venice East
331 Dorchester DRIVE
$235,100
● House - Off Market

331 Dorchester DRIVE

VENICE, FL 34293
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
990 Ft²
$267,506
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Perfect little home in a great location.  Less traveled Street toward the back of Venice East, easy access to 41 and Wellen Park area or Center Road and Jacaranda.  Easy to care for ceramic tile throughout. Upgraded kitchen cabinets with soft-close drawers and newer countertops.  Bonus room and half bath.   Beautiful backyard is fenced.  Easy to Show.
Unit Size
990 Ft²
Days on Market
48 days
Land Size
0.26 acres
Price per sqft
$242
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1971

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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 #N6117896)

Price History

Date / Event Date Event Price
May 3, 2023 No longer available -
No longer available
May 2, 2023 Sold
Premium
Sold
Mar 17, 2023 In contract -
In contract
Mar 7, 2023 Listed by SETTLES REAL ESTATE LLC $309,000
Listed by SETTLES REAL ESTATE LLC
Nov 22, 2021 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 11,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,089
  • Gross Building Area: 1,089
  • Building Area: 1,089
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,089
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VENICE EAST SEC 1 1ST ADD
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 11 BLK 7 VENICE EAST SEC 1 1ST ADD

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002510

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 38F
  • Account Number: 0445120043
  • Subdivision Tract Number: 1606
  • Parcel: 0445-12-0043
  • Block: 7
  • Lot: 11
  • Meridian: SEC 26 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.0602
  • Longitude: -82.3828

    Address

  • Full Address: 331 Dorchester Dr
  • Address - House Number: 331
  • Address - Street Name: Dorchester
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Venice
  • Carrier Code: C011
  • 4-Digit Zip Code: 7203
  • Zip Code: 34293

Valuation

    Tax

  • Total Area: 1,339
  • Tax Year: 2023
  • Tax Amount: $300,443
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 77
  • Final Value: 337,505
  • High Value: 396,737
  • Low Value: 278,274

    Market Valuation

  • Market Total Value: $228,700
  • Market Land Value: $102,100
  • Market Improvement Value: $126,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,700
  • Assessed Land Value: $102,100
  • Assessed Improvements Value: $126,600

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 71511
  • Previous Sale Recording Date: Nov 22, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $235,100
  • 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 Venice East

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1574 ft²

Average Home Age

46.4 years

Currently For Sale

5 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 998 Bass Court, VENICE, FL, 34293

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,408 ft²
998 Bass Court, VENICE, FL, 34293 Listing by Tracy Martin
Unit for rent at 10042 Crooked Creek Drive, FL, 34293

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,933 ft²
10042 Crooked Creek Drive #203, FL, 34293 Listing by Mindy Valdivia
Unit for rent at 433 Cerromar Lane, VENICE, FL, 34293

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,002 ft²
433 Cerromar Lane #441, VENICE, FL, 34293 Listing by Richard Tyson

Rentals Near You

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STELLAR

Listed by: Buck Settles
SETTLES REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# N6117896
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 331 Dorchester Drive built and last sold?
The property at 331 Dorchester Drive was built in 1971 and last sold on May 1, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 331 Dorchester Drive is $0.
What are some comparable homes to 331 Dorchester Drive?
There are currently no comparable homes to 331 Dorchester Drive.
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