NOT LISTED FOR SALE

545 Ibiza Loop Venice, FL 34292

Estimated Value: $476,000 - $513,000

3 Beds
2.5 Baths
2,000 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $543,500 $272 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,317/month

43 Days on Market

Highlights

  • 74 Feet of Waterfront
  • Fitness Center
  • Gated Community
  • Taylor Ranch Elementary School Rated A-
  • Under Construction
  • Florida Architecture

About This Home

As of December 2022

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 almost 2,000 square feet under air, the Charlotte 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 windows, 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 included! Experience relaxing evenings from your private lanai and backyard overlooking one of the gorgeous community lakes. 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 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 License #3448371 Listed on: 07/18/2022

DR HORTON REALTY SW FL LLC

Last Buyer's Agent

Jeremy Holt

RE/MAX ALLIANCE GROUP License #3398566

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.28 Acre Lot
  • 74 Feet of Waterfront
  • East Facing Home
  • Landscaped with Trees

HOA Fees

  • $211 Monthly HOA Fees

Parking

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

Home Design

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

Interior Spaces

  • 2,000 Sq Ft Home
  • High Ceiling
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Den
  • Water Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water Access
  • 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
  • Heating System Uses Propane
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • William Seeley Association, Phone Number (813) 607-2220
  • Built by Freedom Homes
  • Palencia Subdivision, Charlotte Floorplan
  • Venice Town Of Community
  • On-Site Maintenance
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,018

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$211 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2000
  • Lot Size Acres: 0.28
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 2769
  • Lot Size Sq Ft: 4550
  • 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
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6122435?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6122435?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2022-10-15T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.98818
  • Price per Sq Ft: 271.75
  • Close to Original List Price Ratio: 0.95493
  • Ratio: Current Price\Building Area Total: 196.28
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceiling(s), Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows, Window Treatments
  • Street Number Modifier: 545
  • Room Count: 5
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 0244f
  • Waterfront Frontage: 74
  • Water Frontage Feet Lake: 74

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Public, Sprinkler Recycled, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump, Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation, Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool, Special Community Restrictions, Tennis Courts, Water Access
  • Association Amenities: Fitness Center, Gated, Maintenance, Playground, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 211.44
  • Association Fee Frequency: Monthly
  • Association Name: William Seeley
  • Phone: 813-607-2220
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2537.28
  • Monthly HOA Fee: 211.44
  • Total Monthly Fees: 211.44

Schools

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

Lot Info

  • Parcel Number: 0399010083
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Freedom Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 2 Months
  • Approval Process: Per HOA
  • Num Timesper Year: 4
  • Pet Restrictions: Per HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per HOA

Tax Info

  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Dec 16, 2022
Sold by
Dr Horton Inc
Bought by
Bofill Mark Felipe and Bofill Maria Elena
Seller's Agent
Debra Thomas
DR HORTON REALTY SW FL LLC
Buyer's Agent
Jeremy Holt
RE/MAX ALLIANCE GROUP
List Price
$569,150
Sold Price
$543,500
Premium/Discount to List
-$25,650
-4.51%
Current Estimated Value
$492,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,540
Avg. Annual Appreciation
0.78%
Original Mortgage
$434,800
Outstanding Balance
$424,732
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$130,483
Source: Public Records

Range of Values:

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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
Bofill Mark Felipe $543,500 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bofill Mark Felipe $434,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $543,500 -1.2% $272 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $549,999 -3.4% $275 / Sq Ft
07/18/2022 07/18/22 For Sale $569,150 -- $285 / 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 $6,018 $414,600 $104,100 $310,500
2023 $6,018 $435,400 $112,600 $322,800
2022 $1,371 $86,500 $86,500 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6122435

Stellar MLS

APN: 0399-01-0083