NOT LISTED FOR SALE

231 Rio Terra Venice, FL 34285

Estimated Value: $586,000 - $681,000

2 Beds
2.5 Baths
1,710 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 23, 2013

Last sale price $327,500 $192 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,316/month

50 Days on Market

Highlights

  • Fitness Center
  • Saltwater Pool
  • Corner Lot
  • Venice Elementary School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of May 2013

Ready to live on the Island? Now is your chance to buy into the newest and only gated single family community on Venice Island. This Mediterranean inspired neighborhood is nestled away into its own private world and yet minutes away from all Downtown Venice has to offer. Minutes to Venice Beach, restaurants, theatres, and so much more. Access to the Legacy Trail and bike/walking paths is just steps away. This Rialto II is the perfect size for your new Florida home. Offering 2 master suites and a very open floor plan. Separate den. Sitting area has a wall of built in shelves perfect for collecting your books or decorative knick knacks. Ceramic tile floors with laminate in the bedrooms so no carpets. Open kitchen with breakfast bar and plenty of cabinet space. Look out over the family room, dining, sitting area and pool. Lots of sliders to let in the light and have access to the wonderful outside area. Step out onto the very private lanai and pool area where you can enjoy the wonderful Florida atmosphere. Sit in the hot tub and enjoy even those cooler nights. Half bath for pool and guest use. Community offers maintenance free landscaping, Clubhouse, community heated pool, fitness center, tennis courts, and social activities. What more couldyou ask for? Come see this house and start living your Florida Lifestyle today! Some Furniture available separately.

Last Agent to Sell the Property

Jennifer Magoon

COLDWELL BANKER REALTY License #3136555 Listed on: 03/03/2013

COLDWELL BANKER REALTY

Last Buyer's Agent

Jeanne Rogers

LIMBO COMPANY SARASOTA ASSOC License #547778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 2002

Lot Details

  • 7,940 Sq Ft Lot
  • Corner Lot
  • Property is zoned RSF3

HOA Fees

  • $220 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,710 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Den
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Saltwater Pool
  • Spa
  • Child Gate Fence

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, ground maintenance, pest control, recreational facilities
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,437

Year Built

Built in 2002

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1710
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2472
  • Lot Size Sq Ft: 7940
  • Directions to Property: 41 to West on Center, onto Island, right onto 41 Business, right on , verge right onto Rio Terra
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5779689&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5779689&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2797
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.9384
  • Price per Sq Ft: 191.52
  • Close to Original List Price Ratio: 0.9384
  • Ratio: Current Price\Building Area Total: 132.48
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 231
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Child Safety Fence, Heated, Salt Water
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Sprinkler Recycled
  • Cooling: Central Air, Humidity Control
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Tennis Courts
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Tennis Court(s)
  • Association Fee: 660.7
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0428040041
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Millage Rate: 16.61
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Expected Lease Date: 2013-05-23T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 4437
  • Tax Book Number: 0041/0029
  • Tax Lot: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Breder Bruce A and Breder Allison
Bought by
Bruce And Allison Breder Revocable Trust and Breder
Current Estimated Value
$635,793

Purchase Details

Closed on
Jan 27, 2022
Sold by
Dennis E Gagnon Revocable Trust
Bought by
Breder Bruce A and Breder Allison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2015
Sold by
Gagnon Dennis E and Gagnon Elaine P
Bought by
Dennis E Gagnon Revocable Trust and Gagnon Elaine P

Purchase Details

Listed on
Mar 3, 2013
Closed on
May 18, 2013
Sold by
Harris Robert H and Harris Janice R
Bought by
Gagnon Dennis E and Gagnon Elaine P
Seller's Agent
Jennifer Magoon
COLDWELL BANKER REALTY
Buyer's Agent
Jeanne Rogers
LIMBO COMPANY SARASOTA ASSOC
List Price
$349,000
Sold Price
$327,500
Premium/Discount to List
-$21,500
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Closed on
Apr 18, 2008
Sold by
Leuallen John D and Leuallen Marie A
Bought by
Harris Robert H and Harris Janice R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2002
Sold by
Venice H G L C
Bought by
Leuallen John D and Leuallen Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.08%
Source: Public Records

Range of Values:

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Average Value
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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
Bruce And Allison Breder Revocable Trust $100 None Listed On Document
Breder Bruce A $550,000 Schofield & Spencer Pa
Dennis E Gagnon Revocable Trust -- None Available
Gagnon Dennis E $327,500 Attorney
Harris Robert H $300,000 Chelsea Title Company
Leuallen John D $254,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breder Bruce A $357,500
Previous Owner Harris Robert H $240,000
Previous Owner Leuallen John D $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2013 05/23/13 Sold $327,500 -6.2% $192 / Sq Ft
03/02/2013 03/02/13 For Sale $349,000 -- $204 / 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
2024 $8,649 $595,400 $233,900 $361,500
2023 $8,649 $568,500 $190,400 $378,100
2022 $6,884 $497,100 $164,000 $333,100
2021 $6,059 $386,100 $121,000 $265,100
2020 $5,437 $324,800 $91,500 $233,300
2019 $5,493 $328,600 $94,500 $234,100
2018 $5,552 $331,100 $125,400 $205,700
2017 $5,596 $330,500 $125,400 $205,100
2016 $5,742 $344,400 $114,900 $229,500
2015 $5,327 $322,200 $101,700 $220,500
2014 $5,131 $280,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5779689

Stellar MLS

APN: 0428-04-0041