NOT LISTED FOR SALE

125 Cipriani Way North Venice, FL 34275

Estimated Value: $505,599 - $597,000

3 Beds
2 Baths
2,135 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $330,000 $155 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,617/month

295 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Lake View
  • Laurel Nokomis School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of June 2019

Live the quintessential Florida lifestyle with amazing water views in this maintenance FREE three-bedroom, two-bath Milano Grand Villa . This home and the two car garage have both been extended so you will enjoy 2,135 square feet of versatile living space with many upgrades which include tile laid on the diagonal, tray ceilings, crown molding, plantation shutters, five speaker surround sound and a freshly painted interior. The kitchen features granite counter-tops, stainless steel appliances, gas range and dryer, wine cooler, wood cabinets, breakfast bar and built-in desk. Sliding doors lead to the lanai with gorgeous WATER VIEW and TROPICAL landscaping perfect for relaxing and entertaining while you enjoy FABULOUS SUNSETS. The lanai also has outdoor speakers, motorized hurricane shutter and has been roughed in for an outdoor kitchen and pool. The spacious owner's suite features door to lanai, tray ceiling, crown molding, walk-in closet, garden tub, two separate vanities and glass block window. This is a perfect open concept home within a premier community with many fine amenities including a championship 18-hole golf course, large heated community pool and lap pool, six Har-Tru tennis courts, nature trail, first-class fitness center and exercise room. There is also a poolside tiki bar and fine dining at the River Club restaurant and only a short drive to the best Gulf Coast beaches and attractions of downtown Venice.

Last Agent to Sell the Property

Patricia Guenther

PREMIER SOTHEBYS INTL REALTY License #3202438 Listed on: 07/18/2018

PREMIER SOTHEBYS INTL REALTY

Co-Listed By

Colleen Stone

HOMESMART License #3282797

Last Buyer's Agent

Joseph Kowalczyk, Jr.

AMERICAN EAGLE REALTY, INC. License #3024306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,938

Year Built

  • Built in 2005

Lot Details

  • 9,194 Sq Ft Lot
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,135 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Family Room Off Kitchen
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Covered Patio or Porch
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include community pool, recreational facilities, security
  • $150 Other Monthly Fees
  • Built by WCI
  • Venetian Golf & River Club Subdivision, Milano Floorplan
  • Venetian Golf & River Club Community
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,938

Year Built

Built in 2005

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2135
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 9194
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6101124&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6101124&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 450
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.97345
  • Price per Sq Ft: 154.57
  • Close to Original List Price Ratio: 0.89431
  • View: Yes
  • Co List Office Mls Id: 281523908
  • Co List Office Phone: 941-201-1199
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Shutters, Storm Window(s)
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0263F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Street Lights
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Golf Course, Optional Additional Fees, Pool, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 211
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Amenities Additional Fees: Golf membership and fitness classes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Monthly HOA Fee: 70.33

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 0373060420
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water

Building Info

  • Builder Name: WCI

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 2 Months
  • Approval Process: please check with association
  • Num Timesper Year: 4
  • Pet Restrictions: 2 domestic pets
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: please check with association

Tax Info

  • Tax Annual Amount: 7938
  • Tax Lot: 42
  • Tax Other Annual Assessment Amount: 3731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Jun 7, 2019
Sold by
Smith Bruce D and Smith Deborah A
Bought by
Releigh Daniel E and Releigh Anne W
Seller's Agent
Patricia Guenther
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Joseph Kowalczyk, Jr.
AMERICAN EAGLE REALTY, INC.
List Price
$369,000
Sold Price
$330,000
Premium/Discount to List
-$39,000
-10.57%
Current Estimated Value
$552,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,400
Avg. Annual Appreciation
8.22%
Original Mortgage
$205,000
Outstanding Balance
$179,117
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$373,283

Purchase Details

Closed on
Dec 6, 2005
Sold by
Wci Communities Inc
Bought by
Smith Bruce D and Smith Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Releigh Daniel E $330,000 Integrity Title Services Inc
Smith Bruce D $576,400 Dba Wci Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Releigh Daniel E $205,000
Previous Owner Smith Bruce D $461,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2019 06/07/19 Sold $330,000 -2.7% $155 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
03/09/2019 03/09/19 Price Changed $339,000 -2.9% $159 / Sq Ft
10/04/2018 10/04/18 Price Changed $349,000 -5.4% $163 / Sq Ft
07/18/2018 07/18/18 For Sale $369,000 -- $173 / 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 $7,702 $293,250 -- --
2024 $8,698 $284,985 -- --
2023 $8,698 $276,684 $0 $0
2022 $7,466 $268,625 $0 $0
2021 $7,595 $260,801 $0 $0
2020 $7,517 $257,200 $68,300 $188,900
2019 $8,036 $250,700 $68,300 $182,400
2018 $7,939 $250,900 $70,500 $180,400
2017 $8,128 $262,000 $74,100 $187,900
2016 $8,013 $268,300 $66,700 $201,600
2015 $6,166 $245,900 $68,100 $177,800
2014 $6,152 $199,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6101124

Stellar MLS

APN: 0373-06-0420