NOT LISTED FOR SALE

120 Rio Terra Venice, FL 34285

Estimated Value: $693,787 - $833,000

3 Beds
3 Baths
2,022 Sq Ft
$378/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $367,500 $182 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,740/month

42 Days on Market

Highlights

  • Guest House
  • Fitness Center
  • Gated Community
  • Venice Elementary School Rated A
  • Screened Pool
  • Deck

About This Home

As of February 2012

Pristine Expanded Courtyard Home! Guest suite separated from main by beautifully lighted walled-in courtyard ,heated raised spa, waterfall to pool. Luxury upgrades: cabinets, appliances and granite countertops, oversized closets, large walk-in showersand soaking tub, recirculating hot water system, built in surround sound/intercom, natural gas heat, double step tray crown moldings, plantation shutters, 18" diagonal tile throughout the home. 3' deeper garage plus 8' high garage door for high van or boat. Steps to Venetian Waterway/Legacy Trail for boating/walking/biking. Overlooks lush moss covered oaks and palms. Walk or bike to downtown shops and beach. 15 miles from Sarasota. Community Center has large heated pool, clubhouse, fitness center, claytennis courts. Seller willing to sell furniture & accessories under separate contract.

Last Agent to Sell the Property

James Tyminski

License #3026232 Listed on: 12/08/2011

Last Buyer's Agent

Wyatt Brown

License #3102252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,184

Year Built

  • Built in 2001

Lot Details

  • 6,121 Sq Ft Lot
  • South Facing Home
  • Private Lot
  • Property is zoned RSF3

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,022 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Inside Utility
  • Washer
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Pool

  • Screened Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Venice Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, ground maintenance, recreational facilities
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,184

Year Built

Built in 2001

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • HOA Fee Includes: Escrow Reserves Fund, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2022
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3049
  • Lot Size Sq Ft: 6121
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 181.75
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Interior In-Law Suite

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House
  • Pool Features: Heated, Screen Enclosure, Vinyl
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Tennis Court(s)
  • Association Fee: 220
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2640.00
  • Total Monthly Fees: 220.00

Schools

  • Elementary School: Venice Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0428050014
  • Additional Parcels: No
  • Lot Features: Paved, Private
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-02-08T00:00:00.000

Tax Info

  • Tax Annual Amount: 4184
  • Tax Book Number: 0041/0029
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Feb 8, 2012
Sold by
Hughes Catherine K
Bought by
Blanchard Jacqueline M and Gideon Edward B
Seller's Agent
James Tyminski
Buyer's Agent
Wyatt Brown
List Price
$367,500
Sold Price
$367,500
Current Estimated Value
$764,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,197
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Jul 15, 2010
Sold by
Knapp Bernadette A
Bought by
Hughes Catherine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.79%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 12, 2002
Sold by
Knapp Kenneth E and Knapp Bernadette A
Bought by
Knapp Bernadette A

Purchase Details

Closed on
Oct 18, 2001
Sold by
Venice H G L C
Bought by
Knapp Kenneth E and Knapp Bernadette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blanchard Jacqueline M $367,500 Fidelity National Title Of F
Hughes Catherine K $417,500 Attorney
Knapp Bernadette A -- --
Knapp Bernadette A -- --
Knapp Kenneth E $369,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Catherine K $250,000
Previous Owner Knapp Kenneth E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2015 12/14/15 Off Market $367,500 -- --
02/08/2012 02/08/12 Sold $367,500 0.0% $182 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $367,500 -- $182 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,010 $451,696 -- --
2024 $5,878 $438,966 -- --
2023 $5,878 $426,181 $0 $0
2022 $5,393 $380,273 $0 $0
2021 $5,408 $369,197 $0 $0
2020 $5,433 $364,100 $96,800 $267,300
2019 $5,501 $368,674 $0 $0
2018 $5,404 $361,800 $128,200 $233,600
2017 $6,099 $360,200 $128,200 $232,000
2016 $6,269 $376,000 $116,400 $259,600
2015 $5,785 $349,900 $103,100 $246,800
2014 $5,572 $307,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4597728

Stellar MLS

APN: 0428-05-0014