NOT LISTED FOR SALE

206 Rio Terra Venice, FL 34285

Estimated Value: $683,048 - $813,000

3 Beds
3 Baths
1,985 Sq Ft
$379/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $380,000 $191 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,614/month

Highlights

  • Guest House
  • Property fronts an intracoastal waterway
  • Private Pool
  • Venice Elementary School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of August 2012

Beautiful courtyard home directly on the ICW.

Last Agent to Sell the Property

Joan Lino

HOMESMART License #3046907 Listed on: 11/27/2011

HOMESMART

Last Buyer's Agent

Joan Lino

HOMESMART License #3046907 Listed on: 11/27/2011

HOMESMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,423

Year Built

  • Built in 2001

Lot Details

  • 6,050 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Zero Lot Line
  • Property is zoned RSF3

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,985 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Intracoastal Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Spa
  • Solar Heated Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Well

Additional Features

  • Guest House
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include escrow reserves fund, ground maintenance, private road, recreational facilities
  • Lighthouse Management Association
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,423

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, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1985
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 3044
  • Lot Size Sq Ft: 6050
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5774784&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5774784&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2797
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.88393
  • Price per Sq Ft: 191.44
  • Close to Original List Price Ratio: 0.88393
  • Ratio: Current Price\Building Area Total: 124.84
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House
  • Pool Features: Solar Heat
  • Exterior Features: Hurricane Shutters, Lighting, Rain Gutters
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View: Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Tennis Court(s)
  • Association Fee: 660.7
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse management
  • Association: Yes
  • Security: Gated Community, Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2642.8
  • Total Monthly Fees: 220.23

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0428050004
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Millage Rate: 16.55
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-08-13T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 4423
  • Tax Book Number: 0041/0029
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2011
Closed on
Aug 13, 2012
Sold by
Kontor Sandor J and Kontor Juliette C
Bought by
Katzmire Bruce R and Boyle John O
Seller's Agent
Joan Lino
HOMESMART
Buyer's Agent
Joan Lino
HOMESMART
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$751,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,762
Avg. Annual Appreciation
5.24%
Original Mortgage
$266,000
Outstanding Balance
$183,045
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$568,717

Purchase Details

Closed on
Dec 4, 2009
Sold by
Makepeace Susan R
Bought by
Kontor Sandor J and Kontor Juliette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2008
Sold by
Cestaro Philip A and Cestaro Victoria A
Bought by
Makepeace Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2001
Sold by
Venice H G L C
Bought by
Cestaro Philip A and Cestaro Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,040
Interest Rate
7.44%
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
Katzmire Bruce R $380,000 Attorney
Kontor Sandor J $400,000 Attorney
Makepeace Susan R $468,000 Chelsea Title Company
Cestaro Philip A -- --
Cestaro Philip A $303,900 --
Cestaro Philip A -- --
Cestaro Philip A $303,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katzmire Bruce R $266,000
Previous Owner Kontor Sandor J $320,000
Previous Owner Makepeace Susan R $268,000
Previous Owner Cestaro Philip A $243,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2012 08/13/12 Sold $380,000 0.0% $191 / Sq Ft
11/27/2011 11/27/11 Pending -- -- --
11/27/2011 11/27/11 For Sale $380,000 -- $191 / 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 $5,325 $410,060 -- --
2024 $5,204 $398,503 -- --
2023 $5,204 $386,896 $0 $0
2022 $5,312 $375,627 $0 $0
2021 $5,326 $364,686 $0 $0
2020 $5,350 $359,651 $0 $0
2019 $5,215 $351,565 $0 $0
2018 $5,122 $345,010 $0 $0
2017 $5,039 $336,930 $0 $0
2016 $4,855 $388,600 $130,300 $258,300
2015 $4,785 $367,900 $127,200 $240,700
2014 $4,764 $320,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5774784

Stellar MLS

APN: 0428-05-0004