NOT LISTED FOR SALE

24868 Pennington Terrace Venice, FL 34293

Manasota Neighborhood

Estimated Value: $389,079 - $406,000

3 Beds
2 Baths
1,547 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $450,000 $291 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,670/month

15 Days on Market

Highlights

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

About This Home

As of September 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 $297 per month . This 2010 BUILT 3 BR, 2BA HOME is located on a CORNER LOT with an abundance of Privacy. This stunning home is completely move in ready and has high ceilings and an OPEN FLOOR PLAN. Upgrades include PLANTATION SHUTTERS THROUGHOUT, CROWN MOLDING, UNDER AND OVER COUNTER KITCHEN LIGHTING, TILE FLOORING THROUGHOUT (No Rugs), LAUNDRY ROOM CABINETS, UPGRADED BATHROOM SHOWER and an EXTENDED OUTDOOR LANAI with POCKET SLIDERS. BRAND NEW ROOF 10/2022.. NEWER AC.. 7/2020 .. WATER HEATER 2020 .. ALL APPLIANCES ARE NEWER, AS WELL (2016-2020).
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, farmers markets, fishing, Boat launches, Kayak launches 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 CARE. TRASH PICK UP & RECYCLING ARE INCLUDED by the County of Sarasota, as well. THIS IS A VERY 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 your showing appointment TODAY.. before its too late, as homes in this neighborhood sell quickly.

Last Agent to Sell the Property

Frank Koziel, P.A.

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3431815 Listed on: 07/07/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Marni Scott

EXIT KING REALTY License #3065651

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,379

Year Built

  • Built in 2010

Lot Details

  • 5,704 Sq Ft Lot
  • 75 Feet of Pond Waterfront
  • Street terminates at a dead end
  • West Facing Home
  • Private Lot
  • Corner Lot
  • Property is zoned RSF2

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,547 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Gunite Pool
  • Rain Gutters

Schools

  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, ground maintenance, management, private road, trash
  • Parker Duerson Association, Phone Number (941) 927-6464
  • Visit Association Website
  • Pennington Place Community
  • Pennington Place Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,379

Year Built

Built in 2010

Lot Details

0

HOA Fees

$297 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1547
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2010
  • Building Area Total: 2187
  • Lot Size Sq Ft: 5704
  • Directions to Property: Located at the intersection of Manasota Beach Road and 776 . From Englewood.. right on Manasota Beach Road to Rear Gate. From Venice... Make a U Turn at Manasota Beach Road to Front Gate on 776..
  • 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: 290.89
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 24868
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 143.72
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 75
  • Additional Water Information: This home is located on a Pond and has a distant view of the pond.
  • Water Frontage Feet Pond: 75

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Clubhouse, Deed Restrictions, Gated Community - No Guard, Golf Carts OK, Pool, Sidewalks
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Gated, Maintenance, Pool, Spa/Hot Tub
  • Association Fee: 891.45
  • Association Fee Frequency: Quarterly
  • Association Name: Parker Duerson
  • Phone: 941-927-6464
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Refer to HOA Docs.. 3 Pets allowed in Single Family Homes .. Certain Aggressive Breeds not allowed
  • Association Fee Requirement: Required
  • Max Pet Weight: 90
  • Association Email: Parker.Duerson@argusmgmt.com
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: argusmgmt.com

Fee Information

  • Total Annual Fees: 3565.80
  • Total Monthly Fees: 297.15
  • Monthly HOA Amount: 297.15

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0471160013
  • Additional Parcels: No
  • Lot Features: Corner Lot, Private, Sidewalk, Street Dead-End
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 530

Green Features

  • Green Water Conservation: Irrigation-Reclaimed Water
  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to HOA Docs. There is Two year waiting period prior to leasing.. after that there is a 3 month minimum rental period.

Tax Info

  • Tax Annual Amount: 2378.75
  • Tax Book Number: 45-26
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Pond
  • Approval Process: New Sale Packet and forms are in the MLS attachments.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2016
Sold by
Figara Dennis F and Figara Joann
Bought by
Banovich Michael J and Banovich Dawn M
Current Estimated Value
$398,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,600
Outstanding Balance
$166,507
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$231,513

Purchase Details

Closed on
Apr 30, 2010
Sold by
D R Horton Inc
Bought by
Figara Dennis F and Figara Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,995
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Banovich Michael J $259,500 Lyons Title & Trust
Figara Dennis F $176,995 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banovich Michael J $207,600
Previous Owner Figara Dennis F $25,000
Previous Owner Figara Dennis F $135,000
Previous Owner Figara Dennis F $106,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $450,000 -5.3% $291 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $475,000 -- $307 / 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 $2,457 $341,500 $86,000 $255,500
2023 $2,457 $203,152 $0 $0
2022 $2,379 $197,235 $0 $0
2021 $2,324 $191,490 $0 $0
2020 $2,319 $188,846 $0 $0
2019 $2,225 $184,600 $36,500 $148,100
2018 $2,320 $194,092 $0 $0
2017 $2,307 $190,100 $44,600 $145,500
2016 $1,742 $189,100 $57,900 $131,200
2015 $1,783 $167,000 $23,800 $143,200
2014 $1,774 $137,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6127581

Stellar MLS

APN: 0471-16-0013