$385,000
SOLD DEC 26, 2023

332 Ibiza Loop Venice, FL 34292

2 Beds
2 Baths
1,503 Sq Ft
4,550 Sq Ft Lot

Recently Sold

$256 Per Sq Ft

9% Below List Price

213 Days on Market

Highlights

  • Under Construction
  • Gated Community
  • Florida Architecture
  • Taylor Ranch Elementary School Rated A-
  • View of Trees or Woods
  • High Ceiling

About This Home

As of December 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: 04/13/2023

DR HORTON REALTY SW FL LLC

Last Buyer's Agent

Tim Kelm, PA

COLDWELL BANKER REALTY License #3366361

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

Property Views

  • Woods
  • Garden

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
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Cooktop<<rangeHoodToken>>
  • 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

  • Andrea Arce 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
  • Directions to Property: From Interstate 75 exit 193 Jacaranda Blvd. Head east of the interstate, go to the cross street of Border Rd. and Jacaranda Blvd. and turn left. Community is located on the northwest corner of the cross street.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1038139
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 256.15
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: bld22-02397
  • Attribution Contact: 239-338-8986
  • Tax Year: 2022
  • Special Features: NewHome

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
  • Street Number Modifier: 332
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 139.63
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2023-10-15T00:00:00.000

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: Andrea Arce
  • 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
  • Association Email: aarce@accessdifference.com
  • 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: LOT 39, PALENCIA, PB 55 PG 160-169
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 423

Green Features

  • Green Verification Count: 0

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: 39

Multi Family

  • Approval Process: Per HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Dec 22, 2023
Sold by
D R Horton Inc
Bought by
Pemmaraju Malati
Seller's Agent
Debra Thomas
DR HORTON REALTY SW FL LLC
Buyer's Agent
Tim Kelm, PA
COLDWELL BANKER REALTY
List Price
$424,975
Sold Price
$385,000
Premium/Discount to List
-$39,975
-9.41%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.52%
Original Mortgage
$304,800
Outstanding Balance
$300,327
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$81,626

Purchase Details

Closed on
Feb 7, 2023
Sold by
Forestar Usa Real Estate Group Inc
Bought by
Dr Horton Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 Dhi Title Of Florida
Special Warranty Deed $784,855 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 For Sale $379,900 -1.3% $254 / Sq Ft
12/26/2023 12/26/23 Sold $385,000 -1.3% $256 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $389,999 -1.3% $259 / Sq Ft
10/25/2023 10/25/23 Price Changed $394,999 -1.3% $263 / Sq Ft
10/17/2023 10/17/23 Price Changed $399,999 -2.4% $266 / Sq Ft
10/04/2023 10/04/23 Price Changed $409,999 -2.4% $273 / Sq Ft
07/10/2023 07/10/23 Price Changed $419,999 -1.6% $279 / Sq Ft
05/01/2023 05/01/23 Price Changed $426,975 +0.5% $284 / Sq Ft
04/13/2023 04/13/23 For Sale $424,975 -- $283 / 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 $1,192 $305,600 $72,600 $233,000
2023 $1,192 $100,200 $100,200 $0
2022 $913 $57,600 $57,600 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6126351

Stellar MLS

APN: 0399-07-0039