tomo logo

$415,000

Beds
3
Baths
2.0
sq ft
1,807

550 Fallbrook Dr, Venice, FL 34292

550 Fallbrook Dr

VENICE, FL 34292

  • 35 days on market
Welcome to this charming, tastefully decorated, 3 bedroom 2 bath home that is being offered TURNKEY. It is located on a quiet cul-de-sac in desirable Venice Golf and Country Club (VGCC). If you are looking for a second home, look no farther! Downsizing? It makes a wonderful primary residence too! After entering VGCC through the gatehouse you will appreciate the canopy of oak trees, the 26 ponds, the 13 natural preserves, and the curved tree lined streets. Arrive at 550 Fallbrook, located in the maintained neighborhood of Wentworth which provides lawn mowing and fertilization, annual mulch, tree and shrub trimming, lawn irrigation, roof cleaning and a private neighborhood pool. Enter into the foyer which opens into a spacious living room and dining room that the current owners are using as a reading area. A secondary bedroom which can also be used as a Den is off the floyer on the left. The large lanai with travertine floor and IMPACT HURRICANE sliding glass doors from the living room provides additional living space for entertaiing friends or just quietly enjoying the outdoors. The kitchen has granite countertops, attractive cabinets with lots of storage space, stainless steel appliances including a GAS STOVE. The cozy dinette has 6 IMPACT HURRICANE windows bringing the sunshine in and provides a view of the private back yard. The split floor plan affords privacy when entertaining overnight guests. The primary bedroom has a walk-in closet and private en suite bath with separate his and her vanities. This home offers plenty of space to entertain friends and family. The ROOF was replaced in 2016 and the home has been re-piped. A buried propane tank supports both the gas stove and the TANKLESS HOT WATER HEATER. VGCC is a member owned community with 587 homes and sound financials. MEMBERSHIP IS MANDATORY. The members experience a very active social life. Enjoy both casual and formal dining in the newly renovated Clubhouse. There are a wide variety of activities in addition to golf including tennis, bocce, bridge, mah-jongg, the ''U'' with its educational and social events, wine club, special club events, and much MORE. Pickleball is also available. Take one of the many classes or work out in the newly renovated Wellness Center with state-of-the-art equipment. VGCC is an Audubon Geo-Certified community and is just 5 miles from the historic town of Venice, several beaches, and just 20 miles south of Sarasota. The SELLER IS OFFERING A $10,000 CREDIT AT CLOSING TOWARD THE ONE-TIME ENTRY FEE FOR CLUB MEMBERSHIP.

Details

Property type

Single Family Residence

Est. home value

$430,331

Lot size

6,687 sq ft

Price per sq ft

$230

Year built

1995

Annual property taxes

$4,152.55

Monthly HOA fee

$241.67

Price History

06/01/2024
StellarMLS

StellarMLS #N6133100

Listed
$415,000
+43.6%
04/12/2021
StellarMLS

StellarMLS #C7439480

Sold
$289,000
+44.5%
03/03/2015
StellarMLS

StellarMLS #N5901973

Sold
$200,000
+28.21%

Schools & Community

Elementary school: 

Taylor Ranch Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Restaurant, Sidewalks, Tennis Court(s)

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

$139,553
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$242,247
Cash to seller
$139,553

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

Seller’s Loan History

Lender

Genisys Cu

Loan start date

April 2021

Original loan amount

$260,100

Est. remaining balance

$242,247

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Kent Willard Morris and Andrea Lynn Spivey Vanderelzen

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: Active

Tomo last checked: 07/06/2024 at 1:30 AM

Listing updated: 07/03/2024 at 3:33 PM

Listed by: Sally Schowalter, COLDWELL BANKER REALTY Phone #: (941) 493-1000

MLS: StellarMLS #N6133100

StellarMLS logo

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