NOT LISTED FOR SALE

8961 Excelsior Loop Venice, FL 34293

Estimated Value: $366,000 - $399,261

4 Beds
2 Baths
1,828 Sq Ft
$210/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $256,000 $140 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,436/month

107 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Traditional Architecture
  • Taylor Ranch Elementary School Rated A-
  • Deck
  • Park or Greenbelt View

About This Home

As of February 2018

Under Construction. This is a brand new home to be built in Rapalo located in Venice FL. The HOA, includes all lawn maintenance, community swimming pool and clubhouse. Our new homes in Rapalo appeal to both the snowbird who wants to own a home in FL, or for the buyer who does not want to spend a lot to be a part of the Florida Sunshine State. This is a 3 bedroom home, 2 full baths, 2 car garage home that is unprecedented for the price for a home in Venice, FL and within a very short distance to the beautiful sandy beach of Manasota Key. The price includes: 18 x 18 tile floors in living areas, kitchen with granite countertops; all appliances including washer and dryer; window blinds; fully sodded lawns that landscaped with a sprinkler system; designer picture framed wood cabinets; double paned insulated windows; 8’8” high ceilings; no construction loans necessary – AND BEST OF ALL, we take care of all financing! There are too many included features to mention in this house. Give us a call to view today! We offer a ten year construction warranty. You will be surprised at the value! Here is a chance to own a Florida home in desirably famous Venice, FL and only a very short distance to Venice Island, where quaint shopping and wonderful restaurants are where every Florida resident loves to visit.

Last Agent to Sell the Property

Jonathan Pentecost

License #3289780 Listed on: 10/10/2017

Last Buyer's Agent

Carlos Saramago

EXIT KING REALTY License #3303217

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,725

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 50x130
  • South Facing Home
  • Metered Sprinkler System
  • Property is zoned RE-1

HOA Fees

  • $173 Monthly HOA Fees

Parking

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

Home Design

  • Traditional Architecture
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Den
  • Park or Greenbelt Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, recreational facilities
  • Rapalo Community
  • Rapalo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,725

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$173 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1828
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2017
  • Building Area Total: 2367
  • Lot Size Sq Ft: 6500
  • Directions to Property: From Route 41 N. Take a left on Jacaranda and another left on Englewood Road (#776) Community is located at Ventura Village. From #41 south, take a Right on Englewood Road and communirty will be be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5914549&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5914549&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Projected Completion Date: 2017-11-10T05:00:00.000Z
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.98208
  • Price per Sq Ft: 140.04
  • Close to Original List Price Ratio: 0.96607
  • Ratio: Current Price\Building Area Total: 108.15
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2016
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 8961
  • Room Count: 4
  • Additional Rooms: Den/Library/Office, Great Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 173.26
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2079.12
  • Monthly HOA Fee: 173.26
  • Total Monthly Fees: 173.26

Lot Info

  • Zoning: RE-1
  • Parcel Number: LOT 67, RAPALO, PB 49 PG 48
  • Additional Parcels: No
  • Lot Dimensions: 50x130
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Num Timesper Year: 4
  • Pet Restrictions: 2 max
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 109

Tax Info

  • Tax Lot: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Feb 28, 2018
Sold by
D R Horton Inc
Bought by
Cears Wayne P and Cears Renee M
Seller's Agent
Jonathan Pentecost
Buyer's Agent
Carlos Saramago
EXIT KING REALTY
List Price
$264,990
Sold Price
$256,000
Premium/Discount to List
-$8,990
-3.39%
Current Estimated Value
$384,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,065
Avg. Annual Appreciation
5.47%
Original Mortgage
$80,000
Outstanding Balance
$67,992
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$316,073
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
Cears Wayne P $256,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cears Wayne P $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $256,000 -1.8% $140 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $260,670 -2.6% $143 / Sq Ft
11/09/2017 11/09/17 Price Changed $267,670 +0.6% $146 / Sq Ft
10/16/2017 10/16/17 Price Changed $265,990 +0.4% $146 / Sq Ft
10/10/2017 10/10/17 For Sale $264,990 -- $145 / 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 $2,725 $231,916 -- --
2023 $2,725 $225,161 $0 $0
2022 $2,630 $218,603 $0 $0
2021 $2,587 $212,236 $0 $0
2020 $2,584 $209,306 $0 $0
2019 $2,482 $204,600 $38,800 $165,800
2018 $2,952 $209,000 $53,200 $155,800
2017 $683 $51,800 $51,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5914549

Stellar MLS

APN: 0470-11-0076