NOT LISTED FOR SALE

1240 Pinebrook Way Venice, FL 34285

Estimated Value: $441,493 - $523,000

3 Beds
2 Baths
1,776 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $505,000 $284 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,976/month

1 Day on Market

Highlights

  • Boat Ramp
  • Screened Pool
  • Clubhouse
  • Garden Elementary School Rated A-
  • Community Lake
  • Family Room with Fireplace

About This Home

As of April 2023

YOUR PARADISE AWAITS! This three bedroom two bath home offers a split bedroom plan with the master ensuite on the one side of the home, featuring sliders to the lanai and swimming pool, while your guest bedrooms and bath on the opposite side for everyone's privacy. The large living space is accented by cathedral ceilings and a wood burning fireplace to continue the relaxing, cozy theme throughout this gem. The outdoor amenities include a large outdoor living room area under roof overlooking your solar heated pool. The fenced backyard is accented by paver walkways and a relaxing koi pond. Pinebrook South offers a LOW HOA of $406 annually and NO CDD FEES. residents have WATER ACCESS to the PRIVATE BOAT RAMP AND DOCK, kayak storage, community pool and clubhouse. The property is perfectly situated to access all Venice and Sarasota have to offer. Ride your bike, walk, or take a golf cart to the nearby Legacy Trail, shops, restaurants, or to Historic Downtown Venice. The Gulf of Mexico is less than 3 miles away! BE SURE TO VIEW THE AERIAL AND 3-D WALK-THROUGH TOURS!

Last Agent to Sell the Property

Troy Sacco

GENEROUS PROPERTY License #3209901 Listed on: 02/24/2023

Last Buyer's Agent

Kate Akerman

KELLER WILLIAMS ON THE WATER S License #3416983

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1979

Lot Details

  • 9,751 Sq Ft Lot
  • Northwest Facing Home
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,776 Sq Ft Home
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, escrow reserves fund, management
  • Pinnacle Community Association Mgmt/Joe Dushane Association, Phone Number (941) 444-7090
  • Visit Association Website
  • Pinebrook South Community
  • Pinebrook South Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1979

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Escrow Reserves Fund, Management
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1776
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2579
  • Lot Size Sq Ft: 9751
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 239.60
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 284.35
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 165.00

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Workshop in Garage

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Exhaust Fan
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Boat Ramp, Deed Restrictions, Lake, No Truck/RV/Motorcycle Parking, Pool
  • Association Fee: 460
  • Association Fee Frequency: Annually
  • Association Name: Pinnacle Community Association Mgmt/Joe DuShane
  • Phone: (941) 444-7090
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: joe@pinnaclecam.com
  • Association URL: www.pinnaclecam.com

Fee Information

  • Total Annual Fees: 460.00
  • Total Monthly Fees: 38.33
  • Monthly HOA Amount: 38.33

Schools

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 0404100051
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer is advised to review HOA documentation

Tax Info

  • Tax Annual Amount: 1803.47
  • Tax Block: 10
  • Tax Book Number: 23/48
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Gibbs Thomas W and Gibbs Vickie L
Bought by
Gibbs Joint Trust and Gibbs
Current Estimated Value
$482,123

Purchase Details

Closed on
Jul 13, 2023
Sold by
Wolfe Victoria G
Bought by
Gibbs Thomas W and Gibbs Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.79%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 24, 2023
Closed on
Apr 27, 2023
Sold by
Flynn Pamela E
Bought by
Wolfe Victoria G
Seller's Agent
Troy Sacco
GENEROUS PROPERTY
Buyer's Agent
Kate Akerman
KELLER WILLIAMS ON THE WATER S
List Price
$489,900
Sold Price
$505,000
Premium/Discount to List
$15,100
3.08%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.68%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Higgins Pamela and Palmieri Pamela
Bought by
Slater Patricia M

Purchase Details

Closed on
Aug 7, 2000
Sold by
Palmieri Robert and Higgins Pamela
Bought by
Higgins Pamela

Purchase Details

Closed on
Aug 27, 1998
Sold by
Lanzara Richard J
Bought by
Palmieri Robert and Palmieri Pamela Higgins
Source: Public Records
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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
Gibbs Joint Trust $100 None Listed On Document
Gibbs Thomas W $500,000 None Listed On Document
Wolfe Victoria G $505,000 None Listed On Document
Slater Patricia M $145,000 --
Slater Patricia M $145,000 --
Higgins Pamela -- --
Palmieri Robert $141,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs Thomas W $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2023 04/27/23 Sold $505,000 +3.1% $284 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $489,900 -- $276 / 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 $5,001 $334,200 $124,800 $209,400
2024 $5,885 $372,000 $120,500 $251,500
2023 $5,885 $386,800 $106,000 $280,800
2022 $1,803 $154,358 $0 $0
2021 $1,799 $149,862 $0 $0
2020 $1,803 $147,793 $0 $0
2019 $1,745 $144,470 $0 $0
2018 $1,714 $141,776 $0 $0
2017 $1,685 $138,860 $0 $0
2016 $1,620 $192,100 $61,700 $130,400
2015 $1,600 $180,200 $59,700 $120,500
2014 $1,590 $132,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4561932

Stellar MLS

APN: 0404-10-0051