tomo logo

$156,908Estimated home value

Beds
1
Baths
1.0
sq ft
652

612 Guild Dr Unit 19, Venice, FL 34285

612 Guild Dr Unit 19

VENICE, FL 34285

  • Sold On 7/22/2024
    • Price drop $9,900↓
NEW PRICE REDUCTION--VERY MOTIVATED SELLERS--The lowest-priced condominium on Venice Island! Updated, sparkling clean, and close to everything you need for life in beautiful downtown Venice. This one-bedroom, one-bath home is a great investment property with one-month minimum rental. Freshly painted, tile flooring, newer appliances, and attractively furnished. Past assessment for storm-related issues has been paid, and the complex is in excellent condition. The owner is permitted to bring one small dog, and there's the convenience of a beautiful park across the street and access to the Venetian Waterway Trail connecting with the Legacy Trail to Sarasota. This condominium is close to the shopping center, market, and retail stores, a performing arts center, Venice Theatre, beautiful downtown Venice shops and restaurants, and Gulf beaches. Come see this fine residence. It's vacant, so just bring your toothbrush for quick occupancy.

Details

Property type

Condominium

Est. home value

$156,908

Lot size

Unknown

Price per sq ft

$261

Year built

1970

Annual property taxes

$1,075

HOA fee

$1,495

Price History

07/22/2024
StellarMLS

StellarMLS #N6131609

Sold
$162,500
-4.41%
07/06/2024
StellarMLS

StellarMLS #N6131609

Pending
$170,000
06/25/2024
StellarMLS

StellarMLS #N6131609

Price change
$170,000
-5.5%

Schools & Community

Neighborhood: 

The Island

Elementary school: 

Venice Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Community features: 

None

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

$37,293
Asking price
$170,000
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$119,107
Cash to seller
$37,293

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

Seller’s Loan History

Lender

Fifth Third Bank Na

Loan start date

October 2023

Original loan amount

$120,185

Est. remaining balance

$119,107

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Ramiro Morales and Cheryl Morales

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: Off Market

Tomo last checked: 10/04/2024 at 11:10 PM

Listing updated: 07/23/2024 at 12:51 AM

Listed by: Joe Vuono, PREMIER SOTHEBYS INTL REALTY Phone #: (941) 412-3323

MLS: StellarMLS #N6131609

StellarMLS logo

Recently listed in VENICE

$655,000|3 bd|2.0 ba|House
$1,742,990|3 bd|4.5 ba|House
$439,597|4 bd|3.0 ba|House
$785,000|4 bd|3.0 ba|House
$457,597|3 bd|3.0 ba|House
$669,901|5 bd|3.0 ba|House
$569,000|3 bd|2.0 ba|House
$725,000|5 bd|3.0 ba|House