tomo logo

$589,000

Beds
3
Baths
3.0
sq ft
2,221

616 Ibiza Loop, Venice, FL 34292

616 Ibiza Loop

VENICE, FL 34292

  • 16 days on market
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. At 2,221 square feet of living space, the Shelby floorplan offers a spacious primary suite with en-suite bath a sizeable walk-in closet, split floorplan with two guest bedrooms, separate den/office, full guest bath and guest powder room. Entertaining is effortless as the kitchen opens to the spacious great room and dining room overlooking the backyard. Enjoy upgraded standard features throughout including Samsung refrigerator & induction stovetop, quartz countertops in the kitchen and baths, soft-close cabinets complete with slide-out shelving, whole house water filtration system, widened driveway, front entryway screened cage and screened in lanai with private powder room. The tandem 2-car garage affords extra space for storage options. Moving into your new home will be a breeze as all kitchen appliances, laundry appliances, ceiling fans and plantation shutters are included! Experience relaxing evenings from your private lanai and extended backyard patio. Lanai is plumbed for an outdoor kitchen. Best of all, the backyard is large enough to add your own private pool if you desire! 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! Irrigation and lawn care is part of the HOA fee. Palencia provides convenience for residents being just a short drive to local beaches, the new Sarasota Memorial Hospital, in the A-Rated Sarasota County school district and quick access to I75 for an easy commute. Don't miss the impressive video done for this home: https://listings.hi-reshomes.com/videos/01930943-34a2-715b-a094-f1cb8910a669

Details

Property type

Single Family Residence

Est. home value

$615,251

Lot size

6,526 sq ft

Price per sq ft

$266

Year built

2022

Annual property taxes

$4,515

Monthly HOA fee

$286.79

Price History

11/07/2024
StellarMLS

StellarMLS #N6135203

Listed
$589,000
+4.71%
10/31/2022
StellarMLS

StellarMLS #N6122917

Sold
$562,500

Schools & Community

Neighborhood: 

Northeast Venice

Elementary school: 

Taylor Ranch Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$188,524
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$353,356
Cash to seller
$188,524

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

October 2022

Original loan amount

$362,500

Est. remaining balance

$353,356

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Ralph A Contreras and Elaine M Contreras

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 7:30 PM

Listing updated: 11/17/2024 at 4:10 PM

Listed by: Christopher W Greytak, GREATER VENICE REALTY Phone #: (941) 599-3585

MLS: StellarMLS #N6135203

StellarMLS logo

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