NOT LISTED FOR SALE

273 Ibiza Loop Venice, FL 34292

Estimated Value: $346,179 - $374,000

2 Beds
2 Baths
1,503 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $405,000 $269 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,240/month

12 Days on Market

Highlights

  • Under Construction
  • Gated Community
  • High Ceiling
  • Taylor Ranch Elementary School Rated A-
  • Florida Architecture
  • Great Room

About This Home

As of September 2023

Under Construction. Located in highly desirable North Venice, Palencia is one of the area’s newest communities on the corner of Jacaranda Boulevard and Border Road. Design and colors in Palencia were carefully selected and provide a light, neutral, coastal feel. The Carrington villa floorplan offers a spacious primary suite with en-suite bath and walk-in closet, guest suite, full guest bath and den. Entertaining is effortless as the kitchen opens to the spacious great room and dining room overlooking the backyard. Enjoy upgraded standard features throughout including impact glass windows, quartz countertops in the kitchen and baths, soft-close cabinets complete with roll out organization in the kitchen, comfort height commodes, a private laundry room, screened in lanai and 2-car garage. Additionally, moving into your new home will be a breeze as all kitchen appliances, washer and dryer and blinds on all windows are included! Experience relaxing evenings from your private lanai and backyard with no rear neighbors. The brand-new clubhouse located in the center of the community offers residents a large community pool, fitness center and bocce ball. Additionally, there are walking trails for residents’ enjoyment. This is a maintenance free community with low HOAs and no CDDs! Palencia provides convenience for residents being just a short drive to local beaches, the new Venice Regional Hospital, in the A-Rated Sarasota County school district and quick access to I75 for an easy commute.

Last Agent to Sell the Property

Debra Thomas

DR HORTON REALTY SW FL LLC Brokerage Phone: 239-338-8986 License #3448371 Listed on: 04/06/2023

DR HORTON REALTY SW FL LLC

Last Buyer's Agent

Doug Neal

COLDWELL BANKER REALTY License #3340890

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 4,550 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Florida Architecture
  • Villa
  • Property Attached
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • High Ceiling
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Gary Glass Association, Phone Number (813) 607-2220
  • Built by Freedom Homes
  • Palencia Subdivision, Carrington Floorplan
  • Venice Town Of Community

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,364

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1503
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2057
  • Lot Size Sq Ft: 4550
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 269.46
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows, Window Treatments
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 139.63

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2023-07-15T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Public, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 268.1
  • Association Fee Frequency: Monthly
  • Association Name: Gary Glass
  • Phone: 813-607-2220
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Per HOA
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 3217.20
  • Total Monthly Fees: 268.10
  • Monthly HOA Amount: 268.10

Schools

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

Lot Info

  • Parcel Number: 0399070133
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: x

Building Info

  • Builder Name: Freedom Homes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3364
  • Tax Lot: 133

Multi Family

  • Approval Process: Per HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Sep 13, 2023
Sold by
D R Horton Inc
Bought by
Spring Pamela June
Seller's Agent
Debra Thomas
DR HORTON REALTY SW FL LLC
Buyer's Agent
Doug Neal
COLDWELL BANKER REALTY
List Price
$414,080
Sold Price
$405,000
Premium/Discount to List
-$9,080
-2.19%
Views
28
Current Estimated Value
$358,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,205
Avg. Annual Appreciation
-5.53%
Original Mortgage
$303,750
Outstanding Balance
$297,235
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$61,560

Purchase Details

Closed on
Jan 5, 2023
Sold by
Forestar Usa R/E Group Inc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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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
Spring Pamela June $405,000 Dhi Title Of Florida
D R Horton Inc $259,985 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spring Pamela June $303,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2023 09/13/23 Sold $405,000 -2.2% $269 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $414,080 -- $276 / 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 $1,124 $300,800 $67,800 $233,000
2023 $1,124 $94,000 $94,000 $0
2022 $866 $54,600 $54,600 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6126229

Stellar MLS

APN: 0399-07-0133