NOT LISTED FOR SALE

243 Rio Terra Venice, FL 34285

Estimated Value: $657,300

3 Beds
2 Baths
1,818 Sq Ft
$362/Sq Ft Est. Value

Sale Details

Date Sold: October 19, 2023

Last sale price $775,000 $426 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,524 / mo

8 Days on Market

Highlights

  • Fitness Center
  • Property is near a marina
  • Gated Community
  • Venice Elementary School Rated A
  • Screened Pool
  • Reverse Osmosis System

About This Home

As of October 2023

Location, location, location makes all the sense in the world today and always! Welcome to this beautiful three bedroom/two-bathroom pool residence in exclusive Bellagio on Venice Island. This gated community (142 homes) has a lovely clubhouse where the active residents meet for gatherings, parties, and movie nights. In addition, the community features a heated pool, a small gym, a tennis court, two pickleball courts, and direct access to the bike trail. Start your day by taking a morning bike ride from your home to the Venetian Waterway Park, go to downtown Venice for breakfast or bike to Caspersen Beach and swim in the turquoise waters of the Gulf of Mexico. Stay and enjoy a beach day or head back in time for a dip in your pool before lunch. This is the life you deserve! As you enter the foyer through the double doors, notice the light and inviting open floor plan leading to triple sliding doors opening to the pool area and the sparking waters of your pool. The view of flower bushes and palm trees from your pool creates a very private tropical oasis. During sunset, enjoy the spectacle of colors from any window of your home. The large living room and dining room combo with a built-in library, is connected to the kitchen by way of a convenient breakfast bar. The kitchen has ample cabinetry and a dinette area with triple bay windows and beautiful views of the mature oak trees lining up the street. The master bedroom also has sliding doors that open to the pool area. It features a large walk-in closet and an elegant in-suite bathroom. Two guest bedrooms with a separate full bath complete this picture of comfort and beauty. Other features include plantation shutters in all windows, rich crown molding, large diagonal tiles throughout, bamboo floors in the bedrooms, high quality fans and light fixtures (beautiful chandelier in bedroom stays), and an enhanced hurricane protection system in the lanai. Drive into your two-car garage and take note of the paved driveway, walkway, and beautiful landscaping. This is the perfect home in the perfect place. Come and make it your own.

Last Agent to Sell the Property

Sandra Hachmann-Simic

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #3204129 Listed on: 08/28/2023

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Sandra Hachmann-Simic

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #3204129 Listed on: 08/28/2023

PREMIER SOTHEBYS INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,269

Year Built

  • Built in 2003

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 55x110
  • Northeast Facing Home
  • Mature Landscaping
  • Private Lot
  • Level Lot
  • Irrigation
  • Property is zoned RSF3

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Garden
  • Park or Greenbelt
  • Pool

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Property is near a marina
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, ground maintenance, management, private road
  • Lisa Martin Association, Phone Number (941) 460-5565
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions, fencing, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,269

Year Built

Built in 2003

Lot Details

6,050 Sq Ft Lot

HOA Fees

$314 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1818
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2509
  • Lot Size Sq Ft: 6050
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 233.09
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 426.29
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Shutters, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 168.90

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Garden, Park/Greenbelt, Pool
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115CO33F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness Center, Golf Carts OK, Pool, Sidewalks, Special Community Restrictions, Tennis Courts
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 3767.12
  • Association Fee Frequency: Annually
  • Association Name: Lisa Martin
  • Phone: 941 460 5565
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Documents
  • Association Fee Requirement: Required
  • Association Email: Bellaven@ciramail.com

Fee Information

  • Total Annual Fees: 3767.12
  • Total Monthly Fees: 313.93
  • Monthly HOA Amount: 313.93

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0428040047
  • Additional Parcels: No
  • Lot Features: City Limits, Level, Near Marina, Sidewalk, Paved, Private
  • Lot Dimensions: 55x110
  • Flood Zone Code: x500

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Documents

Tax Info

  • Tax Annual Amount: 7269
  • Tax Lot: 44

Multi Family

  • Approval Process: See HOA Rules and Regulations

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2025
Sold by
Miller Lee C
Bought by
Lee C Miller And Camille M Miller Trust and Miller
Current Estimated Value
$657,300

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 19, 2023
Sold by
Pellegrino Lori A
Bought by
Miller Lee Corless
Seller's Agent
Sandra Hachmann-Simic
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Sandra Hachmann-Simic
PREMIER SOTHEBYS INTL REALTY
List Price
$785,000
Sold Price
$775,000
Premium/Discount to List
-$10,000
-1.27%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.28%

Purchase Details

Closed on
Jan 21, 2021
Sold by
Pellegrino Ricardo D and Pellegrino Lori A
Bought by
Pellegrino Lori A

Purchase Details

Listed on
Nov 13, 2019
Closed on
Feb 28, 2020
Sold by
Beyer Diebold Mary Jean
Bought by
Pellegrino Ricardo D and Pellegrino Lori A
Seller's Agent
Wyatt Brown
Buyer's Agent
Sandra Hachmann-Simic
PREMIER SOTHEBYS INTL REALTY
List Price
$469,000
Sold Price
$459,000
Premium/Discount to List
-$10,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$367,200
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Beyer Diebold Mary Jean
Bought by
Beyer Diebold Mary Jean and Beyer Nathaniel

Purchase Details

Listed on
Feb 9, 2013
Closed on
Apr 15, 2013
Sold by
Nickel James E and Nickel Bonnie
Bought by
Beyer Diebold Mary Jean
Seller's Agent
Wyatt Brown
Buyer's Agent
Carmela Crifo-Wright
RESULTS REALTY GROUP LLC
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Sep 6, 2005
Sold by
Capozza Salvatore and Capozza Catherine R
Bought by
Nickel James E and Nickel Bonnie

Purchase Details

Closed on
Feb 7, 2003
Sold by
Venice H G L C
Bought by
Capozza Salvatore and Capozza Catherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,167
Interest Rate
5.95%
Source: Public Records
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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
Lee C Miller And Camille M Miller Trust $100 None Listed On Document
Miller Lee Corless $775,000 None Listed On Document
Pellegrino Lori A -- Attorney
Pellegrino Ricardo D $459,000 Attorney
Beyer Diebold Mary Jean -- Attorney
Beyer Diebold Mary Jean $350,000 Attorney
Nickel James E $485,000 --
Capozza Salvatore $273,400 --
Capozza Salvatore $273,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pellegrino Ricardo D $367,200
Previous Owner Capozza Salvatore $219,167
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $775,000 -1.3% $426 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $785,000 +71.0% $432 / Sq Ft
02/28/2020 02/28/20 Sold $459,000 -2.1% $252 / Sq Ft View Prior Sale
01/07/2020 01/07/20 Pending -- -- --
11/13/2019 11/13/19 For Sale $469,000 +34.0% $258 / Sq Ft
04/15/2013 04/15/13 Sold $350,000 -10.0% $192 / Sq Ft View Prior Sale
02/17/2013 02/17/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $389,000 -- $214 / Sq Ft
Source: Stellar MLS

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 $8,704 $557,000 $258,900 $298,100
2024 $7,806 $578,100 $242,000 $336,100
2023 $7,806 $572,100 $182,700 $389,400
2022 $7,269 $502,300 $157,300 $345,000
2021 $6,414 $390,700 $120,100 $270,600
2020 $5,608 $335,000 $96,400 $238,600
2019 $5,712 $341,700 $104,800 $236,900
2018 $4,973 $336,594 $0 $0
2017 $4,907 $329,671 $0 $0
2016 $4,728 $348,600 $115,900 $232,700
2015 $4,660 $331,000 $107,600 $223,400
2014 $4,640 $276,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6128283

Stellar MLS

APN: 0428-04-0047

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