NOT LISTED FOR SALE

112 Magnolia Ave Nokomis, FL 34275

Estimated Value: $506,000 - $750,513

2 Beds
2 Baths
1,339 Sq Ft
$467/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $390,000 $291 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,878/month

39 Days on Market

Highlights

  • 98 Feet of Waterfront
  • Dock made with wood
  • Oak Trees
  • Laurel Nokomis School Rated A-
  • Boat Lift
  • Full Bay or Harbor Views

About This Home

As of October 2019

Dona Bay waterfront, completely updated home for sale. This two bedroom, two bath home has an open floor plan and split bedroom layout. The kitchen has been updated with new shaker cabinets, new granite counter tops and a new stainless steel appliance package. A Florida room overlooks Dona Bay. The house sits back on an almost half acre lot that has 98 feet of Dona Bay frontage. There is a dock with an attached boat lift. Major Component updates include; New Roof, HVAC System, Electrical Panel, H/W Heater. Backyard has over 250 linear ft of new Vinyl Fencing. Property is centrally located between Venice and Sarasota and surrounded by beaches, restaurants and shopping.

Last Agent to Sell the Property

Marc Pelletz

RELAX REALTY GROUP INC License #0608183 Listed on: 07/25/2019

Co-Listed By

Dane Peterson

RELAX REALTY GROUP INC License #3346860

Last Buyer's Agent

Dane Peterson

RELAX REALTY GROUP INC License #3346860

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1979

Lot Details

  • 0.46 Acre Lot
  • 98 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Fenced
  • Oak Trees
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,339 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Full Bay or Harbor Views
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lagoon or Estuary
  • Access to Bay or Harbor
  • Dock has access to water
  • Boat Lift
  • Dock made with wood
  • Open Dock
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bay Point Community
  • Bay Point Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,238

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1339
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 20003
  • Directions to Property: Drive south on US 41 from Laurel Road, turn left on Magnolia Ave and property will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442054?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4442054?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92906
  • Price per Sq Ft: 291.26
  • Close to Original List Price Ratio: 0.89701
  • View: Yes
  • Co List Office Mls Id: 281522395
  • Co List Office Phone: 941-923-7200
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 112
  • Room Count: 6
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Dona Bay
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Water View: Bay/Harbor - Partial
  • Water Access: Bay/Harbor, Lagoon
  • Water Extras: Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0327F
  • Waterfront Frontage: 98
  • Water Frontage Feet Bay Harbor: 98
  • Disclosures: Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0172010003
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please verify all short-term rental laws/regulations with Sarasota County.

Tax Info

  • Tax Annual Amount: 4238
  • Tax Block: 1184
  • Tax Book Number: 6-18
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2023
Sold by
112 Magnolia Llc
Bought by
Magnolia Avenue Of Nokomis Llc
Current Estimated Value
$625,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Outstanding Balance
$753,533
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Estimated Equity
-$127,905

Purchase Details

Listed on
Jul 25, 2019
Closed on
Oct 1, 2019
Sold by
Con2444 Llc
Bought by
112 Magnolia Llc
Seller's Agent
Marc Pelletz
RELAX REALTY GROUP INC
Buyer's Agent
Dane Peterson
RELAX REALTY GROUP INC
List Price
$434,777
Sold Price
$390,000
Premium/Discount to List
-$44,777
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Apr 15, 2019
Sold by
Adams Richard A and Adams June C
Bought by
Con2444 Llc

Purchase Details

Closed on
Mar 12, 2003
Sold by
Adams Richard A and Adams June C
Bought by
Adams Richard A
Source: Public Records

Range of Values:

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Average Value
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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
Magnolia Avenue Of Nokomis Llc $890,000 None Listed On Document
112 Magnolia Llc $390,000 Attorney
Con2444 Llc $278,000 Attorney
Adams Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Avenue Of Nokomis Llc $790,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $390,000 -7.1% $291 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/31/2019 08/31/19 Price Changed $419,777 -1.2% $314 / Sq Ft
08/23/2019 08/23/19 Price Changed $424,777 -2.3% $317 / Sq Ft
07/25/2019 07/25/19 For Sale $434,777 -- $325 / 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 $7,160 $653,700 $400,400 $253,300
2023 $7,160 $650,500 $386,600 $263,900
2022 $6,277 $544,000 $345,200 $198,800
2021 $5,518 $414,600 $275,000 $139,600
2020 $4,901 $338,200 $206,700 $131,500
2019 $4,399 $313,600 $209,600 $104,000
2018 $4,238 $313,200 $209,600 $103,600
2017 $3,626 $236,700 $142,600 $94,100
2016 $3,419 $216,100 $122,100 $94,000
2015 $3,707 $232,900 $135,100 $97,800
2014 $3,427 $196,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Pelletz

    Seller's Agent in 2019

    Marc Pelletz

    RELAX REALTY GROUP INC

    (941) 809-3869

    56 Total Sales

    Marc Pelletz
    Section Image
  • Dane Peterson

    Seller Co-Listing Agent in 2019

    Dane Peterson

    RELAX REALTY GROUP INC

    (239) 357-5692

    76 Total Sales

    Dane Peterson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4442054

Stellar MLS

APN: 0172-01-0003

Florida Sarasota County Nokomis 34275

112 Magnolia Ave, Nokomis, FL

This home is located at 112 Magnolia Ave, Nokomis, FL 34275 since 25 July 2019 and is currently estimated at $625,628, approximately $467 per square foot. This property was built in 1979. 112 Magnolia Ave is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and Island Village Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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