by Global Lifestyle Properties

See Home Value
$830,000
● House - Off Market

331 Rio Terra

VENICE, FL 34285
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,930 Ft²
$5,309
Est. Monthly
$329
HOA / Fees
2.67%
Cap Rate

About This Property

NEW ROOF INSTALLATION DECEMBER 2024! 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!
Unit Size
1,930 Ft²
Days on Market
161 days
Land Size
0.14 acres
Price per sqft
$455
Property Type
House
Property Taxes
$664
HOA Dues
$329
Year Built
2003

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Last updated: 2 years ago (Stellar MLS #N6133881)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Sold
Dec 10, 2024 In contract -
In contract
Jul 22, 2024 Listed by G1 REALTY LLC $879,000
Listed by G1 REALTY LLC
Jun 21, 2022 Sold
Sold
May 21, 2022 Listed by G1 REALTY LLC $675,000
Listed by G1 REALTY LLC
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 6,050
  • Total Building Area: 2,371
  • Gross Building Area: 2,443
  • Building Area: 1,930
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,930
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLAGIO ON VENICE ISLAND
  • Land Acres: 0000000139
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 92 BELLAGIO ON VENICE ISLAND

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T03 T03D
  • Census Tract: 002404

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 38D
  • Account Number: 0430010062
  • Subdivision Tract Number: 2797
  • Parcel: 0430-01-0062
  • Lot: 92
  • Meridian: SEC 18 TWN 39S RNG 19E
  • Municipality: CITY OF VENICE
  • Latitude: 27.0855
  • Longitude: -82.4345

    Address

  • Full Address: 331 Rio Terra
  • Address - House Number: 331
  • Address - Street Name: Rio Terra
  • State: FL
  • City Name: Venice
  • Carrier Code: C054
  • 4-Digit Zip Code: 2952
  • Zip Code: 34285

Valuation

    Tax

  • Total Area: 2,895
  • Tax Year: 2023
  • Tax Amount: $829,399
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 760,706
  • High Value: 907,175
  • Low Value: 614,237

    Market Valuation

  • Market Total Value: $585,000
  • Market Land Value: $182,700
  • Market Improvement Value: $402,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,000
  • Assessed Land Value: $182,700
  • Assessed Improvements Value: $402,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 104450
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Contract Date: May 09, 2014
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bellagio on Venice Island


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Frequently Asked Questions

When was property at 331 Rio Terra built and last sold?
The property at 331 Rio Terra was built in 2003 and last sold on Jun 8, 2022 for $675,000.
How much is this home worth?
The estimated value of the home located at 331 Rio Terra is $0.
What are some comparable homes to 331 Rio Terra?
There are currently no comparable homes to 331 Rio Terra.