NOT LISTED FOR SALE

399 Ibiza Loop Venice, FL 34292

Estimated Value: $317,930 - $384,000

2 Beds
2 Baths
1,503 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $355,000 $236 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,362/month

9 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Lake View
  • Taylor Ranch Elementary School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of May 2024

MOVE-IN READY! 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 provides a light, neutral, coastal feel. The Carrington villa floorplan offers a spacious owner’s 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, a screened-in lanai, and a 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 overlooking one of the gorgeous lakes in the community. 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

Mike Bone

DR HORTON REALTY SW FL LLC Brokerage Phone: 239-338-8986 License #3600320 Listed on: 03/22/2024

Last Buyer's Agent

Jesse DeMello

RE/MAX PALM REALTY License #3367508

RE/MAX PALM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,147

Year Built

  • Built in 2024 | New Construction

Lot Details

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

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Woods
  • Garden

Home Design

  • Florida Architecture
  • Villa
  • Property Attached
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,503 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Attic

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Smart Home
  • High Impact Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Humidity Control
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Fiber Optics Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, maintenance structure, recreational facilities
  • Cheryl Taylor Association, Phone Number (813) 607-2220
  • Built by D.R. HORTON
  • Palencia Subdivision, Carrington Floorplan
  • Venice Acres Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing
  • Community Lake

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Pet Policy

  • 2 Pets Allowed
  • Cats Allowed
  • Extra large pets allowed

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,147

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$329 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1503
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2024
  • Building Area Total: 2057
  • Lot Size Sq Ft: 4550
  • Directions to Property: From interstate 75 take exit 193 Jacaranda Blvd. Head East from the interstate, go to the cross street of Border Rd. and Jacaranda Blvd. and turn left. The 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: 236.19
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: bld22-02918
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 239-338-8986
  • Tax Year: 2024
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Smart Home, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Impact Glass/Storm Windows, Window Treatments
  • Street Number Modifier: 399
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Attic,Den/Library/Office,Great Room
  • Living Area Meters: 139.63
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Membrane, Tile
  • Home Warranty: Yes
  • Pool Private: No
  • View: Garden, Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2024-03-22T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Fiber Optics, Public, Sprinkler Recycled, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Electric, Exhaust Fan, Heat Pump
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pool
  • Association Fee: 329.1
  • Association Fee Frequency: Monthly
  • Association Name: Cheryl Taylor
  • 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: No Breed restrictions no weight limits
  • Association Fee Requirement: Required
  • Building Name Number: DR HORTON/ CBC 1258802
  • Condo Land Included YN: 0
  • Association Email: ctaylor@accessdifference.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 3949.20
  • Total Monthly Fees: 329.10
  • Monthly HOA Amount: 329.10

Schools

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

Lot Info

  • Parcel Number: 0399070155
  • Additional Parcels: No
  • Lot Features: Landscaped, 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: D.R. HORTON

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Per HOA

Tax Info

  • Tax Annual Amount: 1146.78
  • Tax Lot: 155

Multi Family

  • Approval Process: Per HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 23, 2024
Sold by
D R Horton Inc
Bought by
Ferrara James Steven and Ferrara Linda Marie
Seller's Agent
Mike Bone
DR HORTON REALTY SW FL LLC
Buyer's Agent
Jesse DeMello
RE/MAX PALM REALTY
List Price
$359,999
Sold Price
$355,000
Premium/Discount to List
-$4,999
-1.39%
Views
47
Current Estimated Value
$347,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,370
Avg. Annual Appreciation
-1.40%
Original Mortgage
$235,000
Outstanding Balance
$232,976
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$116,083

Purchase Details

Closed on
Apr 6, 2023
Sold by
Forestar Usa Real Estate Group Inc
Bought by
D R Horton 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
Ferrara James Steven $355,000 Dhi Title Of Florida
D R Horton Inc $2,217,586 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrara James Steven $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $355,000 -1.4% $236 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $359,999 -7.7% $240 / Sq Ft
03/23/2024 03/23/24 Price Changed $389,999 +8.3% $259 / Sq Ft
03/22/2024 03/22/24 For Sale $359,999 -- $240 / 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 $1,354 $85,500 $85,500 --
2023 $1,354 $111,600 $111,600 $0
2022 $1,059 $66,800 $66,800 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6131982

Stellar MLS

APN: 0399-07-0155