NOT LISTED FOR SALE

3012 Areca Ave New Smyrna Beach, FL 32168

Venetian Bay Neighborhood

Estimated Value: $526,000 - $578,834

3 Beds
2 Baths
2,075 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $530,000 $255 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,320/month

84 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Living Room
  • Chisholm Elementary School Rated 9+
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of September 2024

Welcome to 3012 Areca, located in the prestigious Venetian Bay community of The Palms and built by Paytas Homes in New Smyrna Beach, FL. This exquisite abode offers serene lake and fountain views, setting the stage for a tranquil lifestyle. Step through the double glass front doors into an inviting entryway. The kitchen boasts stainless steel appliances and elegant granite countertops, while the garden beds feature charming stone accents. Enjoy the quartz-adorned bathrooms after a long day, or bask in the natural light courtesy of sun tunnels in the primary bath and laundry room. Practical amenities include a utility sink in the laundry room, hurricane shutters, and a hybrid water heater. Enjoy the Florida sunshine year-round from the fully enclosed lanai with sliding windows and epoxy floors. Additional features include gutters, attic access in the garage, and a convenient 3-bed, 2-bath layout. Don't miss the chance to make this dream home yours! All information intended to be accurate however not guaranteed.

Last Agent to Sell the Property

Carl Vasile

EXIT Real Estate Property Solutions License #3240095 Listed on: 05/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,089

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 60x130
  • Lake Front

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction
  • Block And Beam Construction

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 7317-02-00-0980

Community Details

Overview

  • Venetian Bay Homeowners' Association, Inc Association
  • Venetian Bay Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,089

Year Built

Built in 2019

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 60x130
  • Subdivision Name: Venetian Bay
  • Directions: From SR-44 left onto Airport Rd, Turn right onto Borassus, Left onto Areca
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2019
  • Reso Property Type: Residential
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Dimensions: 60x130
  • General Property Information CDD Fee YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Homestead YN: Yes
  • General Property Information:Stories: 1
  • Location Tax and Legal:Parcel Number: 7317-02-00-0980
  • Location Tax and Legal:Tax Annual Amount: 4089.0
  • Location Tax and Legal:Tax Year: 2023
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Water Source:Public: Yes
  • ViewPond: Yes
  • Levels:One: Yes
  • Pets Allowed:Yes: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Sewer Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Room Types Living Room: Yes
  • Room Types Living Room Level: Main
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Electric Range, Disposal, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Split Bedrooms
  • Living Area: 2075.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • View: Lake, Pond
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Roof: Shingle
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Golf Course
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association Name: VENETIAN BAY HOMEOWNERS' ASSOCIATION, INC
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 900.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Name: VENETIAN BAY HOMEOWNERS' ASSOCIATION, INC
  • Association Amenities:Golf Course: Yes

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 7317-02-00-0980

Tax Info

  • Tax Annual Amount: 4089.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Sep 12, 2024
Sold by
Russotto Bruce J and Russotto Debra A
Bought by
Shifteh Sheri
Seller's Agent
Carl Vasile
EXIT Real Estate Property Solutions
Buyer's Agent
Carl Vasile
EXIT Real Estate Property Solutions
List Price
$574,900
Sold Price
$530,000
Premium/Discount to List
-$44,900
-7.81%
Views
16
Current Estimated Value
$547,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,709
Avg. Annual Appreciation
3.06%
Original Mortgage
$290,000
Outstanding Balance
$286,897
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$260,812

Purchase Details

Closed on
Apr 23, 2019
Sold by
Paytas Homes Inc
Bought by
Russotto Bruce J and Russotto Debra A

Purchase Details

Closed on
Aug 6, 2018
Sold by
Palms Land Holdings Llc
Bought by
Paytas Homes 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
Shifteh Sheri $530,000 Fidelity National Title
Russotto Bruce J $324,000 Southern Title Hldg Co Llc
Paytas Homes Inc $980,000 Professional Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shifteh Sheri $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $530,000 -3.6% $255 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $549,900 -4.3% $265 / Sq Ft
05/04/2024 05/04/24 For Sale $574,900 -- $277 / Sq Ft
Source: Daytona Beach Area Association of REALTORS®

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
2025 $4,089 $460,438 $82,000 $378,438
2024 $4,089 $284,199 -- --
2023 $4,089 $275,922 $0 $0
2022 $3,909 $267,885 $0 $0
2021 $3,969 $260,083 $0 $0
2020 $3,918 $256,492 $0 $0
2019 $1,109 $55,000 $55,000 $0
2018 $55 $2,901 $2,901 $0
Source: Public Records

Agents Affiliated with this Home

  • Carl Vasile

    Seller's Agent in 2024

    Carl Vasile

    EXIT Real Estate Property Solutions

    (386) 527-5357

    222 in this area

    546 Total Sales

    Carl Vasile
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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1123207

Daytona Beach Area Association of REALTORS®

APN: 7317-02-00-0980

Florida Volusia County New Smyrna Beach 32168 Venetian Bay

3012 Areca Ave, New Smyrna Beach, FL

This home is located at 3012 Areca Ave, New Smyrna Beach, FL 32168 since 04 May 2024 and is currently estimated at $547,709, approximately $263 per square foot. This property was built in 2019. 3012 Areca Ave is a home located in Volusia County with nearby schools including Chisholm Elementary School, New Smyrna Beach Middle School, and New Smyrna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Daytona Beach Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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