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351 Terrapin Road

351 Terrapin Road, Venice, FL 34293
Property in South Venice
Sold Sep 09, 2020
$185,000
$166,500 by Austin Capital Bank Ssb
Mortgage Due Oct 01, 2050
Sold Nov 22, 2019
$115,000
351 Terrapin 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 rooms. 2 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, 351 Terrapin Road has 1,049 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 336 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 D 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, 351 Terrapin Road sold most recently in Sep 8, 2020 for a total of $185,000. If you work out the math, that's approximately a cost of $133.57 per sqft. Before that, the property was also sold for $115,000 in Nov 21, 2019. 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 $3,472 in taxes each year. 351 Terrapin Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $255,400. If we break it down further, the land itself was valued at $59,600. Improvements to the property, however, were assessed at a total of $195,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • 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: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,385
  • Gross Building Area: 1,400
  • Building Area: 1,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTH VENICE UNIT 42
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 11213 & 11214 SOUTH VENICE UNIT 42

Ownership

  • Current Owner : PAXTON RONALD BRUCE
  • Previous Owner : EMPIRE DAWN LLC
  • Owner Before Previous Owner: REEDY RICK R
  • Owner Before Previous Owner 2: REEDY MARY ETTA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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: 0451010093
  • Subdivision Tract Number: 1052
  • Parcel: 0451-01-0093
  • Lot: 11213
  • Meridian: SEC 29 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.0625
  • Longitude: -82.4208

    Address

  • Full Address: 351 Terrapin Rd
  • Legal Unit: 42
  • Address - House Number: 351
  • Address - Street Name: Terrapin
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Venice
  • Carrier Code: R004
  • 4-Digit Zip Code: 3131
  • Zip Code: 34293

Valuation

    Tax

  • Total Area: 1,640
  • Tax Year: 2023
  • Tax Amount: $3,472
  • Tax Rate Code Area: 4900

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 333,954
  • High Value: 403,824
  • Low Value: 264,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,500
  • First Open Lien Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $166,500
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $255,400
  • Market Land Value: $59,600
  • Market Improvement Value: $195,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,400
  • Assessed Land Value: $59,600
  • Assessed Improvements Value: $195,800

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11786143207
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020122972
  • Previous Sale Recording Date: Nov 22, 2019
  • Previous Sale Contract Date: Nov 21, 2019
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AUSTIN CAPITAL BANK SSB
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $166,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 351 Terrapin Road located in?
The 351 Terrapin Road is a located in the neighborhood of South Venice in South Venice, Venice.
What is the average sales price for listings in 351 Terrapin Road?
The average sales price for units in 351 Terrapin Road is $0 currently.

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