NOT LISTED FOR SALE

745 Ibiza Loop Venice, FL 34292

Estimated Value: $369,000 - $379,444

2 Beds
2 Baths
1,503 Sq Ft
$249/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $430,000 $286 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,311/month

185 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Florida Architecture
  • Taylor Ranch Elementary School Rated A-
  • Under Construction
  • High Ceiling

About This Home

As of February 2023

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 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

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

Debra Thomas

DR HORTON REALTY SW FL LLC License #3448371 Listed on: 07/18/2022

DR HORTON REALTY SW FL LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • South Facing Home
  • Landscaped with Trees

HOA Fees

  • $232 Monthly HOA Fees

Parking

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

Property Views

  • Water
  • Woods
  • Pool

Home Design

  • Florida Architecture
  • 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
  • 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

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

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,364

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$232 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: 1503
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 2057
  • 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. turn left onto Border Rd. there are two entrances to the community off of Border Rd. The second entrace will bring you into the sales office.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6122451?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6122451?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Projected Completion Date: 2023-02-15T05:00:00.000Z
  • Ratio: Close Price\List Price: 0.95556
  • Price per Sq Ft: 286.09
  • Close to Original List Price Ratio: 0.86739
  • Ratio: Current Price\Building Area Total: 209.04
  • 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
  • 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: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Insulated Windows, Window Treatments
  • Street Number Modifier: 745
  • Room Count: 5
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Pool, Trees/Woods, 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

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
  • 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, Pool, Special Community Restrictions
  • Association Amenities: Fitness Center, Maintenance, Recreation Facilities, Security
  • Association Fee: 232.44
  • Association Fee Frequency: Monthly
  • Association Name: Gary Glass
  • Phone: 813-607-2220
  • Association: Yes
  • Security: 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: 2789.28
  • Monthly HOA Fee: 232.44
  • Total Monthly Fees: 232.44

Schools

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

Lot Info

  • Parcel Number: 0399020192
  • 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: 1 Month
  • 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 Annual Amount: 3364
  • Tax Lot: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Feb 16, 2023
Sold by
D R Horton Inc
Bought by
Glasheen Edward A and Glasheen Diana Lee
Seller's Agent
Debra Thomas
DR HORTON REALTY SW FL LLC
Buyer's Agent
Debra Thomas
DR HORTON REALTY SW FL LLC
List Price
$449,999
Sold Price
$430,000
Premium/Discount to List
-$19,999
-4.44%
Views
11
Current Estimated Value
$374,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,389
Avg. Annual Appreciation
-4.98%
Original Mortgage
$210,000
Outstanding Balance
$203,587
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$171,024
Source: Public Records

Range of Values:

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Average Value
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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
Glasheen Edward A $430,000 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glasheen Edward A $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $430,000 -4.4% $286 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $449,999 0.0% $299 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $449,999 -9.2% $299 / Sq Ft
07/18/2022 07/18/22 For Sale $495,740 -- $330 / 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 $1,365 $319,200 $86,200 $233,000
2023 $1,365 $112,600 $112,600 $0
2022 $1,067 $67,300 $67,300 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6122451

Stellar MLS

APN: 0399-02-0192