NOT LISTED FOR SALE

401 Rio Terra Venice, FL 34285

Estimated Value: $702,000 - $813,000

3 Beds
3 Baths
2,167 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $750,000 $346 Per Sq Ft

Current estimated payment $4,543/month

21 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Venice Elementary School Rated A
  • Gated Community
  • Deck

About This Home

As of January 2022

This rare courtyard home in Bellagio, located on Venice Island boasts 3 full spacious bedrooms and 3 full baths with 1 of the bedrooms and baths located in the "Casita" attached to the home. The layout of this home exudes Florida outdoor living at it's finest with all rooms surrounding the lovely courtyard. From the moment you enter the double doors, you will experience the peace and tranquility of your very own tropical oasis as you hear nothing except the water falling falling from the fountain into your beautiful pool. Just imaging how many wonderful memories you will create with family and friends in this perfect home for entertaining from the spacious lanai, through double French doors opening into the spacious and open living room, dining room and kitchen all with high ceilings. The master bath has a Jacuzzi tub and free standing shower with glass surround. Both guest bathrooms have Roman showers. Bellagio is a small community that backs up to the Intracoastal Waterway and the Legacy Trail. Just jump on your bikes and head out for a leisurely ride. Bellagio is located just minutes from the beach, local shopping and restaurants.

Last Agent to Sell the Property

Cindy Nye

GULF SHORES REALTY License #3210060 Listed on: 12/18/2021

GULF SHORES REALTY

Last Buyer's Agent

Marty Haines

RE/MAX ALLIANCE GROUP License #3123087

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,309

Year Built

  • Built in 2001

Lot Details

  • 8,018 Sq Ft Lot
  • Southeast Facing Home
  • Mature Landscaping
  • Corner Lot
  • Property is zoned RSF3

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,167 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Blinds
  • French Doors
  • Family Room Off Kitchen
  • Inside Utility
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, recreational facilities
  • Lighthouse Property Management Lisa Howell Association, Phone Number (941) 460-5560
  • Bellagio At Venice Island Community
  • Bellagio On Venice Island Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,309

Year Built

Built in 2001

Lot Details

0

HOA Fees

$288 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2167
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2001
  • Lot Size Sq Ft: 8018
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6118862?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6118862?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96774
  • Price per Sq Ft: 346.1
  • Close to Original List Price Ratio: 0.96774
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 2
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Deck, Gunite, In Ground, Lighting, Salt Water
  • Exterior Features: French Doors, Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Cable TV, Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 864
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management Lisa Howell
  • Phone: 941-460-5560
  • Association: Yes
  • Senior Community: No
  • Association Email: Lisahowell@mgmt.tv
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3456
  • Monthly HOA Fee: 288
  • Total Monthly Fees: 288

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0430010069
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Number Limit, Yes
  • Pet Size: Large (61-100 Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: $50 application fee. Contact Lisa Howell at Lighthouse Property Management.
  • Num Timesper Year: 4
  • Pet Restrictions: Pets must be on leash when outside.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: 1 month minimum, no more than 4 times per year. Please call Lighthouse Property Management.

Tax Info

  • Tax Annual Amount: 5308.9
  • Tax Lot: 72

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Jan 31, 2022
Sold by
Field Lynn M
Bought by
Smith Larry A and Smith Linda W
Seller's Agent
Cindy Nye
GULF SHORES REALTY
Buyer's Agent
Marty Haines
RE/MAX ALLIANCE GROUP
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$747,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,662
Avg. Annual Appreciation
0.01%

Purchase Details

Closed on
Nov 5, 2021
Sold by
Warbington Reid James and Warbington Karen
Bought by
Field Lynn M and Moseley Lynn W

Purchase Details

Closed on
Nov 29, 2007
Sold by
Orawe Lori
Bought by
Warbington Reid and Moseley Lynn W

Purchase Details

Closed on
Sep 30, 2004
Sold by
Sarnowski Barbara A and Sarnowski Chester A
Bought by
Warbington James E

Purchase Details

Closed on
Sep 24, 2001
Sold by
Venice H G L C
Bought by
Sarnowski Barbara A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Larry A $750,000 Alliance Group Title
Field Lynn M $170,000 Attorney
Warbington Reid -- Attorney
Warbington James E $453,000 --
Sarnowski Barbara A $301,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $750,000 -3.2% $346 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $775,000 -- $358 / 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 $3,918 $313,873 -- --
2024 $3,823 $305,027 -- --
2023 $3,823 $296,143 $0 $0
2022 $8,849 $558,100 $164,500 $393,600
2021 $5,662 $394,970 $0 $0
2020 $5,309 $356,710 $0 $0
2019 $5,261 $354,289 $0 $0
2018 $5,212 $350,351 $0 $0
2017 $5,204 $346,704 $0 $0
2016 $5,247 $390,200 $115,400 $274,800
2015 $4,971 $363,300 $102,000 $261,300
2014 $4,851 $313,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6118862

Stellar MLS

APN: 0430-01-0069