tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
1,867

494 E Shade Dr, Venice, FL 34293

494 E Shade Dr

VENICE, FL 34293

  • <1 day on market
Stunning Lakefront Home with Pool & Countless Upgrades. This four-bedroom two-bath home is situated on an oversized corner lot in the heart of Venice. This spacious and meticulously maintained residence features a private front patio with pavers and a bright, inviting living room with newer floor-to-ceiling windows. The desirable split floor plan offers privacy, with the primary suite positioned to the right of the kitchen, featuring his-and-her walk-in closets and an en-suite bath. On the left side of the home, a cozy eat-in area with additional sliders to the lanai and a built-in desk/bar leads to a versatile bonus room, ideal for a home office. Down the hall, three spacious guest bedrooms offer ample closet space, including one with direct pool access, while the second bathroom conveniently features an exterior door to the pool area. At the center of the home, the beautifully updated kitchen boasts cherry cabinets, stainless steel appliances, a breakfast bar, and a passthrough window to the lanai, making it perfect for entertaining. Adjacent to the kitchen, the dining area opens to the lanai through sliding glass doors, seamlessly blending indoor and outdoor living. The outdoor space is a true retreat, designed for relaxation and entertaining. A large screened lanai with updated pavers (2022) overlooks the heated pool and fully fenced backyard, which leads to a private deck with lake access. Lush custom desert landscaping enhances the tranquil setting. This home has been thoughtfully updated with a new roof (2020), hurricane-impact sliders and pool lanai door (2024), new windows (2021) with N60 heat-control film, a 200-amp electrical service and panel (2021), a whole-home surge protector, and a complete SimpliSafe security system ($4,000). Additional updates include a refrigerator and dishwasher (2022), a Wi-Fi-enabled hot water heater (2022), a generator/RV hookup, and an updated A/C system (2017). With no HOA restrictions, this property provides exceptional flexibility for boat or RV owners. Ideally located in central Venice, residents enjoy easy access to top-rated restaurants, shopping, recreation, and Venice Island’s beautiful beaches. Optional membership in the Venice Gardens Civic Association offers access to a community pool, park, playground, and events for just $165 annually. Best of all, this home is NOT in a flood zone. Don’t miss this rare gem—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$487,554

Lot size

0.39 acres

Price per sq ft

$282

Year built

1973

Annual property taxes

$3,239

HOA

No

Price History

02/07/2025
StellarMLS

StellarMLS #A4639241

Listed
$525,000
+7.14%
02/10/2023
StellarMLS

StellarMLS #A4555220

Sold
$490,000
+29.97%
07/20/2021
StellarMLS

StellarMLS #D6119334

Sold
$377,000
+120.47%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$95,457
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$387,543
Cash to seller
$95,457

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

M Squared Financial Llc

Loan start date

February 2023

Original loan amount

$392,000

Est. remaining balance

$387,543

Interest rate

6.27%

Loan type

New Conventional, 40 year

Seller

Lyle D Rohr and Jamie Arrin Fiedler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/08/2025 at 5:00 AM

Listing updated: 02/07/2025 at 12:27 PM

Listed by: Marcia Van Ginhoven, REDFIN CORPORATION Phone #: (617) 458-2883

MLS: StellarMLS #A4639241

StellarMLS logo

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