Seller's Agent in 2021
Jane Hurman
GULF SHORES REALTY
(240) 472-8148
2 in this area
30 Total Sales
218 Rio Terra Venice, FL 34285
Estimated Value: $666,768 - $765,000
3
Beds
3
Baths
1,893
Sq Ft
$376/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- Access To Intracoastal Waterway
- Oak Trees
- Venice Elementary School Rated A
- Fitness Center
- Intracoastal View
About This Home
As of December 2021WATERFRONT HOME OVERLOOKING THE INTRACOASTAL WATERWAY!! VENICE ISLAND LIVING at its best!! Modified Rialto floor plan has been redesigned to improve views of waterway from almost every room. Split floor plan has two owner's suites. One suite on either side of the home with private baths for each. Toto bidet included. Den with closet and windows can be third bedroom. Lighted Pool/spa and lanai have also been designed to create the perfect setting for fabulous entertaining or your own quiet enjoyment and relaxation. Check out the very special, hand painted wall mural on the Lanai, it is a scene of the Italian waterway from Venice, Italy to Lido Di Venezia (Lido Beach). Along with living on the Intracoastal Waterway you will also have direct access from this home to the Venetian Waterway Trail. This trail is directly behind this lovely home! The Venetian Waterway trail consists of approximately eleven miles of 8 foot wide sidewalk that runs along both sides of Intracoastal Waterway. On this trail you can enjoy scenic water views while biking, walking or rollerblading. This trail also connects with the popular Legacy Trail at the historic Venice Train Depot. These two non-motorized trails connect Sarasota, Osprey, Laurel, Nokomis, Venice and Venice south. If you dream of living on VENICE ISLAND, don't miss this chance to make it happen! You will be literally be three minutes to the BEACH or downtown Venice and seconds to the nearest Marina. This location is coveted by those that want to be close to both the beaches and the activities of the quaint and walkable downtown Venice. Bellagio is the only gated community on the island of Venice. This deed restricted community has location, location location! Bellagio on Venice Island offers the perfect complement of amenities to add to the surrounding beach lifestyle. The clubhouse is central to the communities social thread and is the location for frequent events. There is a modest gym, one well maintained Har-tru tennis court and a community heated pool. The Association maintains all grounds, common areas and the amenities. Maintenance free means more free time for you. Bring your shorts and sandals and start enjoying the relaxed lifestyle of charming Venice Island.
Last Agent to Sell the Property
GULF SHORES REALTY License #3401699 Listed on: 09/30/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,180
Year Built
- Built in 2002
Lot Details
- 6,374 Sq Ft Lot
- 75 Feet of Waterfront
- Property fronts an intracoastal waterway
- West Facing Home
- Mature Landscaping
- Oak Trees
- Property is zoned RSF3
HOA Fees
- $288 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Intracoastal
- Park or Greenbelt
- Pool
Home Design
- Custom Home
- Spanish Architecture
- Planned Development
- Slab Foundation
- Tile Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,893 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Shades
- Shutters
- Blinds
- Sliding Doors
- Den
Kitchen
- Range Hood
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Hurricane or Storm Shutters
- Fire and Smoke Detector
- Pest Guard System
Eco-Friendly Details
- Reclaimed Water Irrigation System
Pool
- Screened Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Fence Around Pool
- Pool Lighting
Outdoor Features
- Access To Intracoastal Waterway
- Property is near a marina
- Minimum Wake Zone
- Enclosed Patio or Porch
- Exterior Lighting
Schools
- Venice Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Humidity Control
- Central Air
- Heating System Uses Natural Gas
- Thermostat
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Visit Down Payment Resource Website
- Tax Lot 25
- Assessor Parcel Number 0428040013
Community Details
Overview
- Association fees include common area taxes, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance
- Lighthouse Property Management, Inc. Association
- Bellagio On Venice Island Subdivision, Rialto Floorplan
- Bellagio At Venice Island Community
- On-Site Maintenance
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
- Rental Restrictions
Recreation
- Tennis Courts
- Recreation Facilities
- Fitness Center
- Community Pool
- Trails
Additional Features
- Clubhouse
- Gated Community
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2021
Closed on
Nov 24, 2021
Sold by
Quandt Earl R and Quandt Alice N
Bought by
Menotti Margaret and Menotti Joseph
Seller's Agent
Jane Hurman
GULF SHORES REALTY
Buyer's Agent
Deborah Woods
KELLER WILLIAMS ON THE WATER S
List Price
$658,000
Sold Price
$610,000
Premium/Discount to List
-$48,000
-7.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,192
Avg. Annual Appreciation
3.89%
Original Mortgage
$305,000
Outstanding Balance
$278,704
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$432,488
Purchase Details
Closed on
Sep 19, 2002
Sold by
Venice H G L C
Bought by
Quandt Earl R and Quandt Alice N
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Menotti Margaret | $610,000 | Attorney | |
| Quandt Earl R | $354,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Menotti Margaret | $305,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $610,000 | -7.3% | $322 / Sq Ft |
| 10/30/2021 10/30/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $658,000 | -- | $348 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $8,015 | $588,735 | -- | -- |
| 2024 | $7,845 | $572,143 | -- | -- |
| 2023 | $7,845 | $555,479 | $0 | $0 |
| 2022 | $7,915 | $539,300 | $179,100 | $360,200 |
| 2021 | $5,156 | $353,873 | $0 | $0 |
| 2020 | $5,180 | $348,987 | $0 | $0 |
| 2019 | $5,041 | $341,141 | $0 | $0 |
| 2018 | $4,951 | $334,780 | $0 | $0 |
| 2017 | $4,886 | $327,894 | $0 | $0 |
| 2016 | $4,707 | $389,300 | $133,100 | $256,200 |
| 2015 | $4,640 | $369,900 | $129,100 | $240,800 |
| 2014 | $4,620 | $311,711 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jane Hurman
-
Deborah Woods
D
Buyer's Agent in 2021
Deborah Woods
KELLER WILLIAMS ON THE WATER S
(941) 374-0871
1 in this area
25 Total Sales
Map
Source: Stellar MLS
MLS Number: N6117783
APN: 0428-04-0013
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