NOT LISTED FOR SALE

Estimated Value: $349,035 - $385,000

3 Beds
2 Baths
1,551 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $390,000 $251 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,667/month

69 Days on Market

Highlights

  • Gated Community
  • Lake View
  • High Ceiling
  • Englewood Elementary School Rated A-
  • Open Floorplan
  • Stone Countertops

About This Home

As of May 2024

Embrace the epitome of coastal living in this stunning lake view home, situated within the exclusive enclave of Pennington Place. This meticulously designed Single Family Residence is listed UNDER appraised value and offers a serene retreat, combining modern elegance with local charm. Featuring 3 bedrooms, 2 full bathrooms, and an attached 2-car garage, this home spans 1551 square feet of living space and a total area of 2188 square feet, promising a lifestyle of luxury against the backdrop of scenic Sarasota County. Upon entry, the interior reveals an impeccable space with crown molding, plantation shutters, tile flooring, and a calming neutral color palette. The open floor plan exudes an inviting ambiance, bathed in natural light that accentuates the seamless flow of the living spaces. An open modern kitchen awaits at the heart of the home, complete with stainless steel appliances, solid surface counters, and beautiful wood cabinets, ideal for both daily meals and entertaining guests. The sanctuary of the primary suite beckons with a generous layout, walk-in closet, and a primary bath boasting double bowl sinks and stone counters, ensuring a private haven of comfort. Enjoy the outdoor splendor on the large enclosed patio overlooking a beautiful lake, surrounded by lush greenery that invites relaxation and al fresco dining. Pennington Place offers an array of amenities such as a community pool, clubhouse, and social activities, fostering a maintenance-free lifestyle within a secure gated setting. Revel in the convenience of local shops, restaurants, and the historical charm of Downtown Venice, along with quick access to multiple sun-kissed beaches and the cultural attractions of the area. Pet-lovers will appreciate the pet-friendly environment allowing up to 3 pets, with ample green spaces for leisurely strolls and enjoyment. This home presents an unmatched opportunity to embrace the coastal lifestyle and all it has to offer. Don't miss your chance to discover this refined gem - schedule a viewing with your real estate agent today.

Last Agent to Sell the Property

Christian Panin

HOMESMART Brokerage Phone: 407-476-0461 License #3262925 Listed on: 02/23/2024

Last Buyer's Agent

Josh Wilson

EXP REALTY LLC License #3486473

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 2011

Lot Details

  • 5,638 Sq Ft Lot
  • South Facing Home
  • Property is zoned RSF2

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,551 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Taylor Ranch Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pool
  • Capri Property Management/Debbie Green Association, Phone Number (941) 412-0449
  • Visit Association Website
  • Pennington Place Community
  • Pennington Place Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,118

Year Built

Built in 2011

Lot Details

0

HOA Fees

$297 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1551
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2011
  • Building Area Total: 2188
  • Lot Size Sq Ft: 5638
  • Directions to Property: US 41 to south on RT 776. Go to Manasota Beach Rd and do U-turn. Pennington Place will be on the right. Go through gates and take a left, home will be on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 517273774
  • Minimum Lease: 3 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 251.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 407-476-0461
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 9052
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.09
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0344F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Gated Community - No Guard, Pool, Sidewalks
  • Association Amenities: Cable TV, Gated, Maintenance, Spa/Hot Tub
  • Association Fee: 891.45
  • Association Fee Frequency: Quarterly
  • Association Name: Capri Property Management/Debbie Green
  • Phone: 941-412-0449
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See association docs.
  • Association Fee Requirement: Required
  • Max Pet Weight: 90
  • Association Email: Debbie@cpmi.us
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: http://www.cpmi.us/penningtonpl/home.asp

Fee Information

  • Total Annual Fees: 3565.80
  • Total Monthly Fees: 297.15
  • Monthly HOA Amount: 297.15

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0471100025
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 524

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Refer to association docs.

Tax Info

  • Tax Annual Amount: 4118
  • Tax Lot: 127

Multi Family

  • Approval Process: Application required. See docs.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 31, 2024
Sold by
Burton Clinton D and Burton Sonya L
Bought by
Smith Barbara M and Smith Thomas Rj
Seller's Agent
Christian Panin
HOMESMART
Buyer's Agent
Josh Wilson
EXP REALTY LLC
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Views
86
Current Estimated Value
$372,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,991
Avg. Annual Appreciation
-2.65%

Purchase Details

Listed on
Nov 21, 2018
Closed on
Mar 27, 2019
Sold by
Buzzard Thomas A and Buzzard Catherine
Bought by
Burton Clinton D and Burton Sonya L
Seller's Agent
Sandra Sibley
COLDWELL BANKER REALTY
Buyer's Agent
Christian Panin
HOMESMART
List Price
$291,900
Sold Price
$288,900
Premium/Discount to List
-$3,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Jul 25, 2016
Sold by
Smith Terry L and Smith Jane C
Bought by
Buzzard Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2011
Sold by
D R Horton Inc
Bought by
Smith Terry L and Smith Jane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,766
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
776 Development Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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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 Barbara M $390,000 Integrity Title
Burton Clinton D $288,900 Attorney
Buzzard Thomas A $265,000 Alliance Group Title Llc
Smith Terry L $190,766 Dhi Title Of Florida Inc
D R Horton Inc $35,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Clinton D $181,000
Previous Owner Burton Clinton D $111,925
Previous Owner Buzzard Thomas A $265,000
Previous Owner Smith Terry L $50,000
Previous Owner Smith Terry L $150,766
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $390,000 -2.5% $251 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $399,900 0.0% $258 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/23/2024 03/23/24 Price Changed $399,900 -2.4% $258 / Sq Ft
03/15/2024 03/15/24 Price Changed $409,900 -2.4% $264 / Sq Ft
03/04/2024 03/04/24 Price Changed $419,900 -4.5% $271 / Sq Ft
02/23/2024 02/23/24 For Sale $439,900 +52.3% $284 / Sq Ft
03/27/2019 03/27/19 Sold $288,900 0.0% $186 / Sq Ft
02/14/2019 02/14/19 Pending -- -- --
01/20/2019 01/20/19 Price Changed $288,900 -1.0% $186 / Sq Ft
11/21/2018 11/21/18 For Sale $291,900 -- $188 / 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 $4,118 $320,500 $96,600 $223,900
2023 $4,118 $352,500 $105,400 $247,100
2022 $3,933 $338,500 $101,500 $237,000
2021 $3,169 $224,700 $54,500 $170,200
2020 $3,147 $219,400 $54,500 $164,900
2019 $2,461 $208,700 $58,600 $150,100
2018 $2,401 $205,629 $0 $0
2017 $2,395 $201,400 $52,700 $148,700
2016 $1,919 $205,500 $71,500 $134,000
2015 $1,950 $176,600 $31,100 $145,500
2014 $1,940 $149,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6131353

Stellar MLS

APN: 0471-10-0025