NOT LISTED FOR SALE

1117 Kings Way Nokomis, FL 34275

Estimated Value: $1,343,000 - $2,199,000

4 Beds
4.5 Baths
5,026 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $805,000 $160 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $10,340/month

162 Days on Market

Highlights

  • Lake Front
  • Access To Pond
  • Wood Flooring
  • Laurel Nokomis School Rated A-
  • Screened Pool
  • Bonus Room

About This Home

As of February 2013

Short Sale - Todd Johnson built so expect graciousness, enticing architectural layout, and the highest quality in this expansive Mediterranean residence with old Florida views and comfortable grandeur. Numerous custom features include custom window treatments, top of the line appliances, raised panel cabinetry, and custom lighting throughout. Attention has been paid to every detail, from the stone paver circular driveway to the second floor theatre room with pool table and luxurious wet bar and refrigerator. Private enclosed piazza is a gorgeous transition between the large master suite and well appointed office. Separate guest quarters with private lanai on the upper level provide a welcome and comfortable retreat. Superbly detailed with crown molding, portrait niches, built-in surround sound throughout the first and second floor, wireless, front door security camera viewed discreetly on private TV, and custom appointments throughout. Three car side load garage and 250 gallon buried propane gas tank add to the extensive custom features. Sliding French doors open to a large lanai, salt chlorinated pool and serene water and preserve views. Community boat ramp and storage for boats and RV. Ideally located between Sarasota and Venice and easy access to U.S. 41 as well as I-75. Listing price may not be sufficient to pay the total of all liens and costs of sale, and sale of property at full listing price may require approval of seller's lender(s).

Last Agent to Sell the Property

Richard Bradway

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #008914 Listed on: 03/07/2012

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Karen Lehmann

RE/MAX ALLIANCE GROUP License #3061771

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,275

Year Built

  • Built in 2006

Lot Details

  • 0.82 Acre Lot
  • Lake Front
  • Well Sprinkler System
  • Property is zoned RSF1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 5,026 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Den
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Lake Views
  • Security System Owned

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Access To Pond
  • Breezeway

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Laurel Landings Estates Community
  • Laurel Landings Ests Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 0380130005

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,275

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 5026
  • Lot Size Acres: 0.82
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 6531
  • Lot Size Sq Ft: 35877
  • Directions to Property: Take US # 41 to Laurel Road east to Kings Way, home on the left
  • Status: Sold
  • Co List Office Mls Id: MFR284509143
  • Co List Office Phone: 941-412-3323
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037329
  • RATIO Current Price By Calculate: 160.17
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Water Access
  • Attribution Contact: 941-412-3323
  • Tax Year: 2012
  • Special Features: 4108

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 1117
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breezeway,Den/Library/Office,Family Room,Florida Room,Foyer,Game Room
  • Living Area Meters: 466.93
  • Room Count: 11

Exterior Features

  • Pool Features: Heated, Screen Enclosure, Tile, Vinyl
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0380130005
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-02-14T00:00:00.000

Tax Info

  • Tax Annual Amount: 7275
  • Tax Book Number: 0036/0023
  • Tax Lot: 37

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2012
Closed on
Mar 14, 2013
Sold by
Mcaloon Scott A
Bought by
Mcaloon Scott A and The Scott A Mcaloon Declaration Of Trust
Seller's Agent
Richard Bradway
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Karen Lehmann
RE/MAX ALLIANCE GROUP
List Price
$855,000
Sold Price
$805,000
Premium/Discount to List
-$50,000
-5.85%
Total Days on Market
162
Current Estimated Value
$1,710,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$905,045
Avg. Annual Appreciation
6.14%
Original Mortgage
$300,000
Outstanding Balance
$68,758
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,606,029

Purchase Details

Listed on
Mar 7, 2012
Closed on
Feb 13, 2013
Sold by
Hearon Bruce and Hearon Michelle V
Bought by
Mcaloon Scott A
Seller's Agent
Richard Bradway
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Karen Lehmann
RE/MAX ALLIANCE GROUP
List Price
$855,000
Sold Price
$805,000
Premium/Discount to List
-$50,000
-5.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$68,758
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,606,029

Purchase Details

Closed on
Nov 3, 2004
Sold by
Stevens Scott A and Stevens Melissa Black
Bought by
Hearon Bruce and Hearon Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 28, 2003
Sold by
Sadm Karel and Sadm Adam Rita
Bought by
Black Stevens Scott A and Black Stevens Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,850
Interest Rate
5.82%

Purchase Details

Closed on
May 15, 2000
Sold by
Laurel Landings Est Joint Venture
Bought by
Adam Karel and Adam Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.28%
Source: Public Records

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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
Mcaloon Scott A -- Attorney
Mcaloon Scott A $805,000 Attorney
Hearon Bruce $170,000 --
Black Stevens Scott A $106,500 --
Adam Karel $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcaloon Scott A $300,000
Previous Owner Hearon Bruce $100,000
Previous Owner Black Stevens Scott A $95,850
Previous Owner Adam Karel $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $805,000 -5.8% $160 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $855,000 -- $170 / 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 $8,285 $735,535 -- --
2023 $8,285 $714,112 $0 $0
2022 $8,121 $693,313 $0 $0
2021 $8,056 $673,119 $0 $0
2020 $8,108 $663,825 $0 $0
2019 $7,863 $648,900 $121,500 $527,400
2018 $7,477 $618,296 $0 $0
2017 $7,448 $605,579 $0 $0
2016 $7,433 $618,000 $76,100 $541,900
2015 $7,575 $589,000 $76,100 $512,900
2014 $8,820 $570,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5775980

Stellar MLS

APN: 0380-13-0005