NOT LISTED FOR SALE

304 Rio Terra Venice, FL 34285

Venice Area

Estimated Value: $673,764 - $771,000

3 Beds
3 Baths
1,893 Sq Ft
$371/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2022

Last sale price $733,500 $387 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,829 / mo

39 Days on Market

Highlights

  • Fitness Center
  • Screened Pool
  • Open Floorplan
  • Venice Elementary School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of December 2022

Rarely available opportunity in Bellagio, the only gated single-family home community on the island of Venice. This lovely, updated pool home is the Rialto model featuring two master suites with a third bedroom and bath currently doubling as an office. Each suite is enhanced with walk-in closets, doors opening to the screened lanai and pool and en-suite baths with new vanities; one with a garden tub and separate shower and the second with a new Roman shower. Luxurious details throughout the home include 10-foot tray ceilings with crown molding, archways, updated flooring and custom window treatments. The great room and dining room are separated by a unique quality cabinet with flat panel TVs, electric fireplaces and hidden electronic storage on each side. An intimate designer dining room features a custom-built seating bench and dining table which overlooks the lanai and pool. Perfect for entertaining, the spacious kitchen opens to the great room and includes a breakfast bar, granite countertops, gas range and two pantries. You will be secure with the hurricane roll-down shutters in this Flood Zone X community. Outdoor living will be just as gracious with the paver drive, walk, covered lanai and screened heated pool. With a maintenance-free Bellagio life, you will enjoy the clubhouse, fitness room, pool, tennis/pickleball courts and bocce ball court. Plus, it is an easy bike ride or walk on the Venetian Waterway Park trail to the beach or the many activities of downtown Venice. Call today to schedule a private showing, because this quality home at this price and location will be gone quickly.

Last Agent to Sell the Property

Marsha Weaver

PREMIER SOTHEBYS INTL REALTY License #572590 Listed on: 10/04/2022

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Marsha Weaver

PREMIER SOTHEBYS INTL REALTY License #572590 Listed on: 10/04/2022

PREMIER SOTHEBYS INTL REALTY
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,096

Year Built

  • Built in 2003

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 110 x 55
  • South Facing Home
  • Mature Landscaping
  • Private Lot
  • Irrigation
  • Property is zoned RSF3

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,893 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Shades
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters
  • Private Mailbox

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, ground maintenance, private road, recreational facilities
  • Lighthouse Property Mgm Association
  • Visit Association Website
  • Bellagio On Venice Island Subdivision, Rialto Floorplan
  • Bellagio At Venice Island Community
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,096

Year Built

Built in 2003

Lot Details

6,050 Sq Ft Lot

HOA Fees

$300 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Grounds, Pool, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1893
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2655
  • Lot Size Sq Ft: 6050
  • Number Of Lots: 1
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 246.66
  • Escrow City: Venice
  • Escrow State: FL
  • Escrow Street Name: Tamiami Trail Suite 201
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 387.48
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes, Shades
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 175.87

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Gunite, Heated, In Ground, Lighting, Pool Sweep, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Private Mailbox, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Garden, Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 0333F

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Gated, Park, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Park, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 901
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Mgm
  • Phone: Lisa Martin
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Doc
  • Association Fee Requirement: Required
  • Max Pet Weight: 200
  • Association Email: lisamartin@mgmt.tv
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: bellagioflorida.nabrnetwork.com
  • Development: Bellagio
  • Management: Part Time
  • SW Subdiv Condo Num: 2797

Fee Information

  • Total Annual Fees: 3604.00
  • Total Monthly Fees: 300.33
  • Monthly HOA Amount: 300.33

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0429160009
  • Additional Parcels: No
  • Lot Features: City Limits, Paved, Private
  • Lot Dimensions: 110 X 55
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Future Land Use: 0100

Rental Info

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

Tax Info

  • Tax Annual Amount: 5096
  • Tax Lot: 108

Multi Family

  • Approval Process: See HOA Docs

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 16, 2022
Sold by
Bought by
Seller's Agent
Marsha Weaver
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Marsha Weaver
PREMIER SOTHEBYS INTL REALTY
List Price
$799,000
Sold Price
$733,500
Premium/Discount to List
-$65,500
-8.2%
Views
17
Current Estimated Value
$701,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,059
Avg. Annual Appreciation
-1.22%

Purchase Details

Listed on
Feb 7, 2018
Closed on
Jun 18, 2018
Sold by
Bought by
Seller's Agent
Matthew Ritter
THE RITTER GROUP
Buyer's Agent
Marsha Weaver
PREMIER SOTHEBYS INTL REALTY
List Price
$469,900
Sold Price
$454,000
Premium/Discount to List
-$15,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$431,300
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 7, 2018
Closed on
May 22, 2018
Sold by
Bought by
Seller's Agent
Matthew Ritter
THE RITTER GROUP
Buyer's Agent
Marsha Weaver
PREMIER SOTHEBYS INTL REALTY
List Price
$469,900
Sold Price
$454,000
Premium/Discount to List
-$15,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,300
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$733,500 --
$454,000 Attorney
$225,000 Attorney
$296,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Previous Owner $431,300
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2022 12/16/22 Sold $733,500 -2.2% $387 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $750,000 -2.6% $396 / Sq Ft
10/21/2022 10/21/22 Price Changed $770,000 -3.6% $407 / Sq Ft
10/04/2022 10/04/22 For Sale $799,000 +76.0% $422 / Sq Ft
06/18/2018 06/18/18 Sold $454,000 -2.2% $239 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
03/23/2018 03/23/18 Price Changed $464,000 -1.3% $244 / Sq Ft
02/07/2018 02/07/18 For Sale $469,900 -- $247 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,081 $581,500 $227,000 $354,500
2024 $9,058 $588,000 $222,500 $365,500
2023 $9,058 $595,400 $180,100 $415,300
2022 $5,084 $360,743 $0 $0
2021 $5,097 $350,236 $0 $0
2020 $5,120 $345,400 $90,300 $255,100
2019 $5,169 $348,800 $93,300 $255,500
2018 $4,147 $286,830 $0 $0
2017 $4,090 $280,930 $0 $0
2016 $3,857 $363,500 $109,900 $253,600
2015 $3,802 $320,900 $78,300 $242,600
2014 $3,784 $267,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6123431

Stellar MLS

APN: 0429-16-0009

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