NOT LISTED FOR SALE

309 Rio Terra Venice, FL 34285

Estimated Value: $661,914 - $740,000

3 Beds
2 Baths
1,863 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $460,000 $247 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,332/month

12 Days on Market

Highlights

  • Waterfront Community
  • Fitness Center
  • Tennis Courts
  • Venice Elementary School Rated A
  • Oak Trees
  • Heated Spa

About This Home

As of March 2019

Designer updated in 2018, this private pool home in gated Bellagio on Venice Island has every update expected in a Coastal Living feature home. Southern facing lanai and solar heated pool, situated in one of the best locations in Bellagio featuring an oversized private lot backing up to a gorgeous preserve. Triple crown molding, 10 foot ceilings, open floor plan with 8 foot sliders. One owner and maintained to perfection, boasting that new home feel. New updates in 2018- Quartzite granite countertops in kitchen and baths, new sinks and faucets, extensive planation shutters, wood cabinets featuring two pantries, pull out spice rack, soft close drawers and cabinets, new gutter system, new pool pump, new landscaping, and exterior paint. New AC in 2017 with transferable warranty, stainless Steel appliances in 2016, soaking jacuzzi tub, driveway and walk way pavers, this home is move- in ready. Don't miss this opportunity to live on Venice Island with direct community access to an additional heated pool, clubhouse, work-out facility, hard- tru tennis court, the Legacy Trail and right on the island is historic downtown Venice, beaches, Venice Jetty, golf course, Venice Pier, Venice Performing Arts Theatre, a new library, dog beach and Marine Max Marina is located right next door, just walk right to your boat and the Salty Dog restaurant. All within a very private, gated and mature tree lined community. It doesn't get much better, you have chosen the best location and premier community, now move right in!

Last Agent to Sell the Property

Cynthia Eliopoulos

HOMESMART License #3386254 Listed on: 01/22/2019

HOMESMART

Co-Listed By

Demetra Eliopoulos

G1 REALTY LLC License #3388584

Last Buyer's Agent

Sandra Hachmann-Simic

PREMIER SOTHEBYS INTL REALTY License #3204129

PREMIER SOTHEBYS INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,760

Year Built

  • Built in 2003

Lot Details

  • 6,050 Sq Ft Lot
  • North Facing Home
  • Mature Landscaping
  • Oak Trees

HOA Fees

  • $250 Monthly HOA Fees

Parking

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

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry in unit
  • Park or Greenbelt Views
  • In Wall Pest System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Well Sprinkler System

Pool

  • Heated Spa
  • Private Pool

Outdoor Features

  • Tennis Courts
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance, recreational facilities, security
  • Lighthouse Management Association, Phone Number (941) 412-1666
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,760

Year Built

Built in 2003

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1863
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2555
  • Lot Size Sq Ft: 6050
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6103601&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6103601&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98081
  • Price per Sq Ft: 246.91
  • Close to Original List Price Ratio: 0.98081
  • Ratio: Current Price\Building Area Total: 180.04
  • View: Yes
  • Co List Office Mls Id: 276544348
  • Co List Office Phone: 561-558-3478
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Stories: 1
  • Window Features: Shutters
  • Room Count: 10
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Sprinkler Metered, Tennis Court(s)
  • Roof: Tile
  • Pool Private: Yes
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Available, Phone Available, Public, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalk, Tennis Courts, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association Name: Lighthouse management
  • Phone: 9414121666
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3000
  • Monthly HOA Fee: 250
  • Total Monthly Fees: 250

Schools

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

Lot Info

  • Parcel Number: 0430010056
  • Additional Parcels: No
  • Lot Features: Greenbelt
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Approval Process: HOA approval
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One month minimum rental perio

Tax Info

  • Tax Annual Amount: 5760
  • Tax Lot: 98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2003
Sold by
Vence H G L C
Bought by
Murphy Michael J and Murphy Melinda Ann
Current Estimated Value
$706,979
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Murphy Michael J $284,500 --
Murphy Michael J $284,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $460,000 -1.9% $247 / Sq Ft
02/03/2019 02/03/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $469,000 -- $252 / 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
2025 $5,064 $387,084 -- --
2024 $4,950 $376,175 -- --
2023 $4,950 $365,218 $0 $0
2022 $4,986 $354,581 $0 $0
2021 $4,998 $344,253 $0 $0
2020 $5,021 $339,500 $96,400 $243,100
2019 $5,819 $348,100 $104,800 $243,300
2018 $5,760 $343,500 $127,600 $215,900
2017 $5,798 $342,400 $127,600 $214,800
2016 $5,938 $356,100 $115,900 $240,200
2015 $5,596 $338,500 $107,600 $230,900
2014 $5,405 $295,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6103601

Stellar MLS

APN: 0430-01-0056