NOT LISTED FOR SALE

Estimated Value: $359,000 - $390,251

3 Beds
2 Baths
1,361 Sq Ft
$275/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $392,434 $288 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,849/month

5 Days on Market

Highlights

  • Tennis Courts
  • Open Floorplan
  • Solid Surface Countertops
  • Taylor Ranch Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of February 2024

Nestled within the coveted Gran Paradiso neighborhood in Venice, Florida, 12490 Cinqueterre Dr stands as an exceptional residence that seamlessly combines luxury and comfort. Boasting three bedrooms and two baths, this home provides an inviting space for both relaxation and entertainment. As you step through the front door, an open and well-appointed floor plan unfolds before you, with a modern kitchen flowing effortlessly into the living and dining areas. Natural light bathes the interior, creating an ambiance of warmth and tranquility.

The master suite serves as a private retreat, offering a sanctuary of comfort. The attached master bath exudes sophistication with upscale amenities, providing a spa-like experience within the confines of your own home. The thoughtful landscaping in the backyard invites you to embrace outdoor living, whether enjoying your morning coffee on the screened-in patio or hosting gatherings with friends and family in the expansive outdoor living area.

Being part of the Gran Paradiso community grants you exclusive access to an array of amenities, including a resort-style pool, fitness center, tennis courts, and more. Embrace the vibrant Florida lifestyle with the convenience of these fantastic communal features. Beyond the property's confines, the location proves ideal, with proximity to beautiful beaches, shopping, and dining selection.

The two-car garage ensures the security of your vehicles while adding a practical touch to your lifestyle. 12490 Cinqueterre Dr presents a unique opportunity to immerse yourself in the best of Florida living. Schedule a private tour today and discover how this property can surpass your expectations!

Last Agent to Sell the Property

Ashley Simonelli

THE SIMONELLI REALESTATE GROUP Brokerage Phone: 239-223-2116 License #3231500 Listed on: 02/02/2024

Last Buyer's Agent

Benjamin Jones

EXIT KING REALTY License #3528865

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,402

Year Built

  • Built in 2018

Lot Details

  • 8,948 Sq Ft Lot
  • Southwest Facing Home
  • Irrigation

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, maintenance structure, ground maintenance, recreational facilities
  • Kw Property Management / Michelle Lecroy Association, Phone Number (941) 234-0450
  • Visit Association Website
  • Gran Paradiso Community
  • Gran Paradiso Ph 1 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,402

Year Built

Built in 2018

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1361
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 1881
  • Lot Size Sq Ft: 8948
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 174.75
  • Escrow City: Cape Coral
  • Escrow State: FL
  • Escrow Street Name: Cape Coral Pkwy E
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 288.34
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 239-223-2116
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 126.44

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Irrigation System, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated Community - Guard, Playground, Pool, Sidewalks, Tennis Courts
  • Association Fee: 945.21
  • Association Fee Frequency: Quarterly
  • Association Name: KW Property Management / Michelle Lecroy
  • Phone: 941-234-0450
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Contact HOA for additional restrictions
  • Association Fee Requirement: Required
  • Association Email: mlecroy@kwpmc.com
  • Association URL: granparadisohoa.com

Fee Information

  • Total Annual Fees: 3780.84
  • Total Monthly Fees: 315.07
  • Monthly HOA Amount: 315.07

Lot Info

  • Zoning: V
  • Parcel Number: 0777029780
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please confirm information listed and any other applicable restrictions with HOA

Tax Info

  • Tax Annual Amount: 7402.09
  • Tax Block: 1
  • Tax Book Number: 50-43
  • Tax Lot: 978
  • Tax Other Annual Assessment Amount: 2000

Multi Family

  • Approval Process: Please confirm with HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 16, 2024
Sold by
Magnify R/E Borrower Spv I Llc
Bought by
Montminy Josie M
Seller's Agent
Ashley Simonelli
THE SIMONELLI REALESTATE GROUP
Buyer's Agent
Benjamin Jones
EXIT KING REALTY
List Price
$379,900
Sold Price
$392,434
Premium/Discount to List
$12,534
3.3%
Views
50
Current Estimated Value
$373,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,621
Avg. Annual Appreciation
-2.62%

Purchase Details

Closed on
Oct 16, 2019
Sold by
Magnify Capital Real Estate Fund Lp
Bought by
Magnify Real Estate Borrower Spv I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 11, 2018
Closed on
Aug 31, 2018
Sold by
Lennar Homes Llc
Bought by
Magnify Capital Real Estate Fund Lp
Seller's Agent
Rob Dandrea
Buyer's Agent
Rob Dandrea
Sold Price
$1,950
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
Montminy Josie M $390,400 None Listed On Document
Magnify Real Estate Borrower Spv I Llc -- Os National Llc
Magnify Capital Real Estate Fund Lp $252,300 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnify Real Estate Borrower Spv I Llc $50,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $392,434 +3.3% $288 / Sq Ft
02/02/2024 02/02/24 For Sale $379,900 0.0% $279 / Sq Ft
04/01/2020 04/01/20 Rented $1,699 -2.9% --
03/06/2020 03/06/20 Rented -- -- --
02/05/2020 02/05/20 Under Contract -- -- --
12/30/2019 12/30/19 Price Changed $1,749 -5.4% $1 / Sq Ft
11/14/2019 11/14/19 Price Changed $1,849 -2.6% $1 / Sq Ft
10/23/2019 10/23/19 Price Changed $1,899 -2.6% $1 / Sq Ft
10/16/2019 10/16/19 For Rent $1,949 0.0% --
09/26/2019 09/26/19 For Rent $1,949 -0.1% --
10/01/2018 10/01/18 Rented $1,950 0.0% --
09/23/2018 09/23/18 Price Changed $1,950 -13.3% $1 / Sq Ft
09/11/2018 09/11/18 For Rent $2,250 -- --
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 $6,976 $281,600 $68,600 $213,000
2024 $7,402 $292,421 -- --
2023 $7,402 $409,000 $137,800 $271,200
2022 $6,681 $383,000 $132,100 $250,900
2021 $5,403 $219,700 $69,100 $150,600
2020 $5,290 $209,100 $65,500 $143,600
2019 $5,184 $203,800 $65,000 $138,800
2018 $2,466 $44,900 $44,900 $0
2017 $2,036 $30,400 $30,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7487407

Stellar MLS

APN: 0777-02-9780