4 months on rocket

331 Rio Terra, Venice, FL, 34285

$879,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,930 SqFt
$455/SqFt
House

Location

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331 Rio Terra, Venice$879,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2003
HeatingCentral, Electric
CoolingCentral Air
FireplaceGas, Living Room
Private PoolYes
MLS #N6133881
Lot Size0.14 Acres
StatusActive

About 331 Rio Terra

Stunning and renovated to perfection, this beautiful updated and light filled home is in the gated community of Bellagio on Venice Island, which sits high with NO FLOOD INSURANCE REQUIRED. Boasting a separate guest house cassita, enjoy privacy, flexibility and comfort knowing your guests are close by but in a detached building with built-in murphy bed and ensuite bathroom. Tons of new updates in this one story home. New saltwater pool and travertine lanai with jets galore lining a large underwater bench, sun shelf and fountains 2023. New flooring 2023. New chefs kitchen including stainless steel appliances with natural gas range and vented hood, wood cabinetry, one level quartz counters with bar 2024. New AC 2022. New primary bath with luxury shower, double sinks and private water closet 2023. New gas fireplace 2023. New whole house back- up natural gas generator 2023. New landscaping 2023. New double solid wood doors with roll out double screens 2023. Enjoy a split bedroom plan, with 3 bedrooms and 3 baths and one of the most desirable and rerely available Cassita floor plans on Venice Island. Take in the lush landscaping from two seperate screened lanais. Now is the time to enjoy an updated, move- in ready home with a 2 car attached garage with large built-in workbench, low HOA fees which include lawn care, a community pool in addition to your own, clubhouse, tennis and pickle ball court, work-out facility, library, wonderful walking paths along the intracoastal waterway and The Legacy Trail with direct access to Caspersen Beach or Sarasota. Bellagio is golf cart friendly! Park your boat next door at Marine Max and walk to dinner within the marina while enjoying exceptional water views from The Old Salty Dog outdoor dinning balcony. You will have quick access to the Venice Island historic district with boutique shopping, gourmet restaurants and entertainment. Or take a pleasant bike ride direct down the Legacy trail to Sharky's on the beach. Now is the time to make this home your year round retreat or seasonal vacation spot, a home where memories will be made with family and friends, right along side the natural beauty of The Gulf of Mexico and its inviting sandy beaches. Schedule your tour today!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,930 SqFt

Listing Office:

  • Office Name: G1 REALTY LLC
  • Office Phone: (561) 558-3478
  • Listing Agent: Cynthia Eliopoulos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Luxury Vinyl
  • Interior: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Irrigation System, Lighting, Outdoor Grill, Private Mailbox, Sidewalk, Sliding Doors, Tennis Court(s)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 331 Rio Terra
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US 41 to Venice Island (By pass 41) to Tamiami Trail to Calle Del Paradisio to main gate. Left on Rio Terra at circle, then on right side of Rio Terra.

Price Information

Listing Price Info

Price Summary:

  • List Price: $879,000
  • Price Per SqFt: $455/SqFt

HOA Fees:

  • Amount: $329
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,690
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Venice, FL.

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Venice, FL

City

Med. Sold Price

$455K

Med. Price/SqFt

$269

Avg. Days On Market

90

# of Sold Homes

170

331 Rio Terra vs Venice

122 DAYS ON ROCKET

+32 Days

$879,000

+$423.9K More

$455/SqFt

+$185 More

KEY TAKEAWAY

This property is $423.9K more than the Median Sold Price and $185/SqFt more than other homes in Venice, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #N6133881

Listing Office:

  • Office Name: G1 REALTY LLC
  • Office Phone: (561) 558-3478
  • Listing Agent: Cynthia Eliopoulos

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2014Home Sold
$400,000
Jan 27, 2009Home Sold
$366,500
Jun 01, 2006Home Sold
$462,500
May 29, 2003Home Sold
$302,900

Tax History

YEARPROP. TAXASSESSMENT
2020$5,690$339,900
2019$5,801$347,000
2018$5,852$349,000
2017$5,913$349,200

History based on county public records data.

Payment Calculator

$4,784

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,702

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-387422
9
/10

  • Venice Elementary School

  • 150 Miami Ave E

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-387423
9
/10

  • Garden Elementary School

  • 700 Center Rd

  • 2.21 miles

  • Public District Grades PK-5

school-card-donut-387424
8
/10

  • Taylor Ranch Elementary School

  • 2500 Taylor Ranch Trl

  • 5.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,485. The most common annual income of people living in Venice, FL is less than $35k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 331 Rio Terra

What is the listing price of this property?

The listing price of 331 Rio Terra property is $879,000.

What type of property is this?

The property 331 Rio Terra is a house located in Venice, Florida, 34285.

Is this property for sale now?

Active Listing: 331 Rio Terra is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,690 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 9, 2014 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 331 Rio Terra has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 331 Rio Terra is 1,930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 331 Rio Terra is 2003.

Rocket Homes›Florida›Sarasota County›Venice›34285›331 Rio Terra

This home is located at 331 Rio Terra in Venice, FL and zip code 34285 in the Venice Island neighborhood. This 1,930 square foot home, which was built in 2003, sits on a 0.14 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $879,000.

Over 7 listings were sold over their listed price in October 2024 in Venice, FL. In the same period over 135 listings were sold below the listed price and 28 listings were sold for the listed price. The inventory of homes for sale in Venice, FL between September 2024 and October 2024 increased by 3.6%. While the average time on the market in October 2024 was 90 days, the median list price was $455,001.

From Rocket Homes Real Estate and based on county public records data.

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