NOT LISTED FOR SALE

407 Ibiza Loop Venice, FL 34292

Estimated Value: $516,000 - $554,000

3 Beds
2.5 Baths
2,221 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $585,000 $263 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,158/month

6 Days on Market

Highlights

  • 74 Feet of Lake Waterfront
  • Fitness Center
  • Gated Community
  • Taylor Ranch Elementary School Rated A-
  • Under Construction
  • Open Floorplan

About This Home

As of September 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. At 2,221 square feet under air, our largest home in the community, the Shelby floorplan offers a spacious primary suite with en-suite bath a sizeable walk-in closet, two guest suites, full guest bath and powder room. 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 throughout, quartz countertops in the kitchen and baths, soft-close cabinets complete with roll out organization in the kitchen, comfort height commodes, a full-size laundry room and screened in lanai. The tandem 2-car garage affords extra space for storage a small vehicle. Moving into your new home will be a breeze as all kitchen appliances. Best of all, the backyard is large enough to add your own private pool if you desire! 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: 03/27/2023

DR HORTON REALTY SW FL LLC

Last Buyer's Agent

Alven Nguyen

FINE PROPERTIES License #3531929

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 6,750 Sq Ft Lot
  • 74 Feet of Lake Waterfront
  • North Facing Home
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,221 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Insulated Windows
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Bonus Room
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

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
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Gary Glass Association, Phone Number (813) 607-2220
  • Built by Freedom Homes
  • Palencia Subdivision, Shelby Floorplan
  • Venice Town Of Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,559

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Pool
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2221
  • Lot Size Acres: 0.24
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 3138
  • Lot Size Sq Ft: 6750
  • Directions to Property: From interstate 75 take exit 193 Jacaranda Blvd. Head east of the interstate, go to the cross street of Border Rd. and Jacaranda Blvd. Community is located on the left. There are two entrances off of Border Rd. The sales office is closest to the second entrance.
  • 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: 263.39
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: bld22-02380
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows
  • Street Number Modifier: 407
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office,Great Room
  • Living Area Meters: 206.34
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Pool Features: Other
  • Exterior Features: Irrigation System, Lighting, Sidewalk
  • Roof: Tile
  • Home Warranty: Yes
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 74
  • Water Frontage Feet Lake: 74
  • Projected Completion Date: 2023-07-30T00:00:00.000

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 Available, Fiber Optics, Phone Available, Public, 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: Deed Restrictions, Fitness Center, Gated, Golf Carts OK, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool
  • Association Fee: 234.54
  • Association Fee Frequency: Monthly
  • Association Name: Gary Glass
  • Phone: 813-607-2220
  • Association: Yes
  • Security: 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: gglass@accessdifferance.com
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 2814.48
  • Total Monthly Fees: 234.54
  • Monthly HOA Amount: 234.54

Schools

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

Lot Info

  • Parcel Number: 0399080156
  • Additional Parcels: No
  • Lot Features: Cleared, Level, Paved
  • Property Attached Yn: Yes
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 627

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 Lot: 156

Multi Family

  • Approval Process: Per HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Forestar Usa R/E Group Inc
Bought by
D R Horton Inc
Current Estimated Value
$528,823
Source: Public Records

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 Buyer Sale Price Title Company
D R Horton Inc $259,985 Dhi Title Of Florida
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $585,000 -3.6% $263 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $606,740 -- $273 / 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 $1,559 $447,600 $104,300 $343,300
2023 $1,559 $112,800 $112,800 $0
2022 $1,375 $86,700 $86,700 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6125985

Stellar MLS

APN: 0399-08-0156