NOT LISTED FOR SALE

24861 Pennington Terrace Venice, FL 34293

Manasota Neighborhood

Estimated Value: $369,433 - $403,000

3 Beds
2 Baths
1,572 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $425,000 $270 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,544/month

3 Days on Market

Highlights

  • 60 Feet of Pond Waterfront
  • Gunite Pool
  • Pond View
  • Englewood Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of March 2023

LOCATION..LOCATION..LOCATION... .THIS HOME IS ONLY 1.6 MILES AWAY FROM THE GULF OF MEXICO AND THREE BEAUTIFUL BEACHES located nearby on Manasota Key. PENNINGTON PLACE IS A HIDDEN GEM and a smaller FRIENDLY, GATED, & MAINTENANCE FREE COMMUNITY of only 194 Homes with LOW HOA FEES of only $263 per month . This 2009 BUILT 3 BR, 2BA HOME is located on a POND WITH A FOUNTAIN and has a VERY OPEN FLOOR PLAN and is being sold PARTIALLY FURNISHED. THE SELLER IS ALSO OFFERING A ONE YEAR COMPLETE HOME WARRANTY to provide Peace of Mind to the Fortunate Buyer. The community pool has both a HEATER and a CHILLER to maintain the perfect temperature all year round. The gated entrance on Manasota Beach Road goes directly to MANASOTA KEY where Pristine Beaches Await you. Conveniently located nearby shops, restaurants, theatres and farmers markets and only a short drive to HISTORIC DOWNTOWN VENICE and HISTORIC DEARBORN STREET IN ENGLEWOOD. NO CDD FEES HERE .. NO FLOOD ZONE and LOW TAXES !! MAINTENANCE FREE CAN'T GET ANY BETTER THAN THIS: The LOW Monthly HOA FEES INCLUDE: BASIC CABLE TV, GRASS MOWING, RECLAIMED WATER FOR OUTSIDE IRRIGATION, COMPLETE SPRINKLER SYSTEM MAINTENANCE, TRIMMING OF BUSHES, SHRUBS & TREES, MULCHING, GRASS FERTILIZATION & LAWN PEST CARE. THIS IS A PET FRIENDLY NEIGHBORHOOD- UP TO 3 PETS ARE ALLOWED and there is plenty of community green space and sidewalks to walk them throughout the neighborhood. Be Sure to Schedule you showing appointment TODAY.. before its too late, as homes in the very neighborhood sell quickly . Room Feature: Linen Closet In Bath (Primary Bedroom).

Last Agent to Sell the Property

Frank Koziel, P.A.

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3431815 Listed on: 02/10/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Jan Hlywa

COLDWELL BANKER REALTY License #3388906

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 2009

Lot Details

  • 6,037 Sq Ft Lot
  • 60 Feet of Pond Waterfront
  • East Facing Home
  • Property is zoned RSF2

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Pond Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Irrigation System Uses Rainwater From Ponds
  • Gunite Pool

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, escrow reserves fund, ground maintenance, management, private road, trash
  • Nadege St. Brice Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Pennington Place Community
  • Pennington Place Subdivision
  • The community has rules related to deed restrictions, fencing, vehicle restrictions

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 2009

Lot Details

0

HOA Fees

$263 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1572
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 2009
  • Building Area Total: 2108
  • Lot Size Sq Ft: 6037
  • Directions to Property: LOCATED A THE INTERSECTION OF MANASOTA BEACH RD. & 776 . THERE ARE TWO GATES - ONE ON 776 AND ANOTHER ON MANASOTA BEACH ROAD. GATE CODE IS REQUIRED - SEE SHOWINGTIME FOR CODE.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 270.36
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-493-1000
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 24861
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 146.04
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite
  • Exterior Features: Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Other Disclosures, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 60
  • Water Frontage Feet Pond: 60

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Gated, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fence Restrictions, Gated, Pool, Spa/Hot Tub, Vehicle Restrictions
  • Association Fee: 788.85
  • Association Fee Frequency: Quarterly
  • Association Name: Nadege St. Brice
  • Phone: 941-927-6464
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Docs - Aggressive Breeds Not Allowed
  • Association Fee Requirement: Required
  • Max Pet Weight: 90
  • Association Email: nadege.stbrice@argusmgmt.com
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: www.argusmgmt.com

Fee Information

  • Total Annual Fees: 3155.40
  • Total Monthly Fees: 262.95
  • Monthly HOA Amount: 262.95

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0471160011
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 561

Green Features

  • Green Water Conservation: Irrig. System-Rainwater from Ponds
  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Two Years of Ownership is Required Prior to Leasing .See HOA Docs for Leasing Info.

Tax Info

  • Tax Annual Amount: 1892.12
  • Tax Book Number: 45-26
  • Tax Lot: 51

Multi Family

  • Waterfront Features: Pond
  • Approval Process: See HOA DOCS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 21, 2023
Sold by
Torkelson John Andrew and Torkelson Julie Ann
Bought by
Gibbs Michelle and Gibbs Robert C
Seller's Agent
Frank Koziel, P.A.
COLDWELL BANKER REALTY
Buyer's Agent
Jan Hlywa
COLDWELL BANKER REALTY
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Views
47
Current Estimated Value
$385,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,142
Avg. Annual Appreciation
-2.90%

Purchase Details

Closed on
Jun 25, 2010
Sold by
D R Horton Inc
Bought by
Torkelson John Andrew and Torkelson Julie Ann

Purchase Details

Closed on
Jul 2, 2009
Sold by
Pennington Land Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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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
Gibbs Michelle $425,000 Sunbelt Title
Torkelson John Andrew $185,413 Dhi Title Of Florida Inc
D R Horton Inc $210,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $425,000 -3.2% $270 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $439,000 -- $279 / 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 $2,015 $311,300 $90,100 $221,200
2023 $2,015 $166,458 $0 $0
2022 $1,945 $161,610 $0 $0
2021 $1,892 $156,903 $0 $0
2020 $1,883 $154,737 $0 $0
2019 $1,800 $151,258 $0 $0
2018 $1,741 $148,438 $0 $0
2017 $1,730 $145,385 $0 $0
2016 $1,723 $197,100 $69,100 $128,000
2015 $1,750 $165,000 $26,000 $139,000
2014 $1,741 $138,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6125145

Stellar MLS

APN: 0471-16-0011