tomo logo

$715,000

Beds
3
Baths
2.0
sq ft
2,270

503 Lake Of The Woods Dr, Venice, FL 34293

503 Lake Of The Woods Dr

VENICE, FL 34293

  • Pending
    • Price drop $14,000↓
Under contract-accepting backup offers. Here is the home you’ve been waiting for ! Located in the heart of The Lakes of Jacaranda, this 3 bedroom, 2 bathroom Pool Home is exquisitely positioned to highlight the magnificent water and preserve views from almost every room. Some of the main highlights include the immaculate landscaping, custom outdoor lighting, a 3 car garage, updated kitchens and bathrooms, new bedroom floors, a well thought out split floorplan, huge lanai/pool area, and an amazing water view. This is one of the few homes, rarely available, that truly has it all. This home has been immaculately cared for in the recent years and features many additional upgrades that truly sets it apart from the rest. New Roof in 2023, New AC in 2021, New Electrical Panel in 2019, New Hurricane Impact Garage Doors in 2023, new gutters, fresh interior paint, all new GE Café appliances with a transferrable warranty through 2026, new washer and dryer with a transferrable warranty through 2026, new pool pump, solar pool heating system, new luxury vinyl floors in all bedrooms, motorized shutters in the living room, 7 new highly efficient DC fans, generator ready, lanai privacy screens, generator and 50 amp plug in cord, and much more. For preventative maintenance there was an entire termite system installed every 12 feet around the perimeter of the home. The Lakes of Jacaranda neighborhood is full of lakes, wildlife, and plenty of amenities including a community clubhouse, pool, pickleball courts and tennis courts. Schedule your showing today to see this amazing property!

Details

Property type

Single Family Residence

Est. home value

$712,345

Lot size

9,909 sq ft

Price per sq ft

$315

Year built

1997

Annual property taxes

$5,636.28

Monthly HOA fee

$53.08

Price History

03/01/2025
StellarMLS

StellarMLS #A4634881

Pending
$715,000
02/27/2025
StellarMLS

StellarMLS #A4634881

Price change
$715,000
-1.92%
02/24/2025
StellarMLS

StellarMLS #A4634881

Price change
$729,000
-1.35%

Schools & Community

Elementary school: 

Taylor Ranch Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

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

$218,726
Asking price
$715,000
Closing costs (~8% of asking)
-$57,200
Est. remaining loan balance
-$439,074
Cash to seller
$218,726

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

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

June 2022

Original loan amount

$457,500

Est. remaining balance

$439,074

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

William Martin and Donna Martin

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?

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Status: Pending/Under Contract

Tomo last checked: 04/03/2025 at 12:10 PM

Listing updated: 03/01/2025 at 11:12 AM

Listed by: Shelby Sumner, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #A4634881

StellarMLS logo

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