by RH Advisors

See Home Value
$217,500
House - Off Market

875 Royal ROAD

VENICE, FL 34293
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1118 Sqft
$1,324
Estimated Monthly
9.29%
Cap Rate

About This Property

Great opportunity to own an affordable single family home in South Venice ! This cozy 2-bedroom, 1-bathroom home comes with a versatile third room, perfect for an office space or an additional bedroom. Notably, it's situated in an area that doesn't require flood insurance, offering you peace of mind and potential savings for the future owner.

Embrace the freedom of a private yard where you can conveniently park your boat, RV, or truck without the hassle of storage fees.

This non-deed restrictive neighborhood allows you to make the most of your space, it is up to your imagination and creativity.

For added perks, consider joining the South Venice Civic Association. The Membership grants you exclusive access to a private beach and boat ramp, all at discounted rates tailored for South Venice residents. Explore more at https://southvenicebeach.org/.

Nature enthusiasts will relish the proximity to Shamrock Park & Nature Center, just a brief 5-minute drive away.

Enjoy amenities like tennis, basketball, scenic walking paths, and easy access to the Venetian Waterway, all waiting to be explored.

Down town Venice is only 10 driving minutes away where you can find a variety of restaurants and plenty of entertainment.

Venice airport is also conveniently only a 10 minutes drive from the house.

Schedule a visit and envision the possibilities this home holds for you! It is a great opportunity to be explored !
Unit Size
1,118Ft²
Days on Market
116 days
Land Size
0.18 acres
Price per sqft
$214
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1973
Last updated: 5 months ago (Stellar MLS #A4585607)

Price History

Date / Event Date Event Price
Feb 5, 2024 Sold to Dawn Ritchie, Thomas Ritchie $217,500
Sold to Dawn Ritchie, Thomas Ritchie
Jan 15, 2024 In contract -
In contract
Jan 14, 2024 Relisted $239,000
Relisted
Jan 13, 2024 No longer available -
No longer available
Oct 12, 2023 Listed by BRIGHT REALTY $239,000
Listed by BRIGHT REALTY
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,118
  • Gross Building Area: 1,253
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SOUTH VENICE UNIT 06
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 1776 & 1777 SOUTH VENICE UNIT 6

Ownership

  • Current Owner : RITCHIE THOMAS
  • Current Owner 2: RITCHIE DAWN
  • Previous Owner : DINARDI JUDITH L
  • Owner Before Previous Owner: BANKERS TR CO CA N A
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L049 A055 F052
  • Census Tract: 002508

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 38G
  • Account Number: 0459040017
  • Subdivision Tract Number: 983
  • Parcel: 0459-04-0017
  • Lot: 1776
  • Meridian: SEC 33 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.0426
  • Longitude: -82.4155

    Address

  • Full Address: 875 Royal Rd
  • Legal Unit: 6
  • Address - House Number: 875
  • Address - Street Name: Royal
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Venice
  • Carrier Code: R010
  • 4-Digit Zip Code: 6264
  • Zip Code: 34293

Valuation

    Tax

  • Total Area: 1,271
  • Tax Year: 2023
  • Tax Amount: $1,997
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 4900

    Appraisal Valuation

  • Standard Deviation: 0.082
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 93
  • Final Value: 232,391
  • High Value: 251,454
  • Low Value: 213,329

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: IGNEY BRADLEY
  • First Open Lien Mortgage Recording Date: Feb 05, 2024
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 04, 2025
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $161,600
  • Market Land Value: $59,600
  • Market Improvement Value: $102,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,600
  • Assessed Land Value: $59,600
  • Assessed Improvements Value: $102,000

    Sales

  • Current Sale Contract Date: Feb 05, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Transaction ID: 11920439709
  • Current Sale Price: $217,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15261
  • Previous Sale Recording Date: Jul 07, 1999
  • Previous Sale Contract Date: Jun 29, 1999
  • Previous Sale Amount: $54,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IGNEY BRADLEY
  • First Mortgage Transaction Date: Feb 05, 2024
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Feb 04, 2025

    Previous Mortgages

  • Previous Mortgage Lender: COREWEST BANC INC
  • Previous Mortgage Transaction Date: Jul 07, 1999
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $40,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,200 ft²
$225/ft²
$270,000 Nov 16, 2023
$270,000 Jan 24, 2024
$67/mo
House
2 Beds
2 Baths
1,018 ft²
$101/ft²
$102,500 Dec 12, 2023
$102,500 Jan 4, 2024
$199/mo
House
2 Beds
2 Baths
956 ft²
$264/ft²
$252,500 Jun 27, 2023
$252,500 Dec 12, 2023
$181/mo
House
2 Beds
2 Baths
826 ft²
$318/ft²
$263,000 Oct 21, 2023
$263,000 Nov 20, 2023
$176/mo
House
2 Beds
1 Bath
990 ft²
$252/ft²
$249,000 Oct 6, 2023
$249,000 Nov 15, 2023
$181/mo
House
2 Beds
1 Bath
928 ft²
$275/ft²
$255,000 Jul 7, 2023
$255,000 Sep 6, 2023
$132/mo
In Contract
House
2 Beds
2 Baths
1,050 ft²
$262/ft²
$275,000 Nov 19, 2023
-
$199/mo
In Contract
House
2 Beds
2 Baths
942 ft²
$297/ft²
$279,500 Nov 16, 2023
-
$189/mo
House
2 Beds
2 Baths
944 ft²
$265/ft²
$250,000 Dec 2, 2023
-
$113/mo
Mobile / Manufactured
2 Beds
2 Baths
1,152 ft²
$216/ft²
$249,000 Nov 18, 2023
-
$273/mo
Condo
2 Beds
2 Baths
1,002 ft²
$279/ft²
$280,000 Dec 29, 2023
-
$175/mo
House
3 Beds
2 Baths
1,256 ft²
$222/ft²
$279,000 Jan 4, 2024
-
$259/mo

About South Venice


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Frequently Asked Questions

When was property at 875 Royal Road built and last sold?
The property at 875 Royal Road was built in 1973 and last sold on Feb 5, 2024 for $217,500.
How much is this home worth?
The estimated value of the home located at 875 Royal Road is $245,955.
What are some comparable homes to 875 Royal Road?
Homes that are comparable to 875 Royal Road include a house property at 941 Devon Road, a condo property at 3730 Cadbury Circle, a house property at 35 Cypress Road.

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