NOT LISTED FOR SALE

1155 Kings Way Dr Nokomis, FL 34275

Estimated Value: $1,475,000 - $2,901,000

4 Beds
4 Baths
5,383 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,100,000 $204 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $13,148/month

197 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Parking available for a boat
  • Deeded Boat Dock
  • Laurel Nokomis School Rated A-
  • Water access To Gulf or Ocean
  • Heated Indoor Pool

About This Home

As of April 2014

$100,000. Price Reduction. Custom designed waterfront estate home with dock and private lake just minutes Gulf beaches. For both privacy and water access, this is your home on 2.5 acres. Key West-style home designed by Mark Bebee has 5,383 square feet of living space on multiple levels. Great room of magnificent proportions has soaring ceiling of 26 feet with handcrafted wood beams and wood paneled ceiling, stone fireplace racing to the ceiling and natural wood oak flooring throughout the home. Sweeping outdoor deck of travertine marble and outdoor kitchen waits for your entertaining delight and beautiful sunsets. Chef's dream kitchen has upgraded solid wood cabinetry and spectacular granite counters and massive island, all overlooking the great room. Master suite is surrounded with windows to capture the beautiful sunsets, private covered lanai, huge walk-in closets with organizers and a private office for the executive. Master bath has a walk-in shower and jetted spa, handcrafted wood cabinetry and granite counters. Guest bedrooms are on separate level with common office space and bath with dual sinks and shower, perfect home for the large family. Lower level family room with stone fireplace, kitchenette and pool bath is adjacent to the spectacular pool with waterfall and spa, all overlooking the private lake and grounds. Your private dock is on a waterway that will take you to Dona Bay and the Intracoastal Waterway. This home seeks the discriminating buyer.

Last Agent to Sell the Property

Joe Vuono

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #3032028 Listed on: 08/30/2013

PREMIER SOTHEBYS INTL REALTY

Co-Listed By

Bonnie Price

Brokerage Phone: 941-412-3323 License #3048779

Last Buyer's Agent

Joe Vuono

PREMIER SOTHEBYS INTL REALTY Brokerage Phone: 941-412-3323 License #3032028 Listed on: 08/30/2013

PREMIER SOTHEBYS INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,731

Year Built

  • Built in 2006

Lot Details

  • 2.53 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front
  • Property fronts a saltwater canal
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Property is zoned RE1

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Property Views

  • Lake
  • Canal

Home Design

  • Key West Architecture
  • Elevated Home
  • Tri-Level Property
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 5,383 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Built-In Double Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool
  • Outdoor Shower
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Deeded Boat Dock
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 0380050009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,731

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
  • Architectural Style: Key West
  • Construction Materials: Block, Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 5383
  • Lot Size Acres: 2.53
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 9571
  • Lot Size Sq Ft: 110281
  • Directions to Property: From US 41, East on Laurel Rd to Left on Kings Way. Home is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037329
  • RATIO Current Price By Calculate: 204.35
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Property Description: Elevated
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • MFR_CommunityAssociationWaterFeatures: Community Boat Ramp,Water Access
  • Attribution Contact: 941-412-3323
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Family Room, Living Room, Other
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dumbwaiter, Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 1155
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Foyer,Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 500.10
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, Indoor, Other, Outside Bath Access, Salt Water, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water Access: Bay/Harbor,Gulf/Ocean,Intracoastal Waterway
  • Water Extras YN: 0
  • Water View: Canal,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 250

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Open, Oversized, Workshop in Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 0380050009
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Oversized Lot, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2014-04-30T00:00:00.000

Tax Info

  • Tax Annual Amount: 10731
  • Tax Book Number: 36/23
  • Tax Lot: 47

Multi Family

  • Waterfront Features: Canal - Saltwater, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Apr 30, 2014
Sold by
Felman Robert H and Felman Janette P
Bought by
Dorricott James D and Dorricott Catherine M
Seller's Agent
Joe Vuono
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Joe Vuono
PREMIER SOTHEBYS INTL REALTY
List Price
$1,495,000
Sold Price
$1,100,000
Premium/Discount to List
-$395,000
-26.42%
Total Days on Market
197
Current Estimated Value
$2,126,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,194
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jul 19, 1996
Sold by
Laurel Landings Est Joint Venture
Bought by
Felman Robert H and Felman Janette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.27%
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
Dorricott James D $1,100,000 Attorney
Felman Robert H $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Felman Robert H $241,000
Previous Owner Felman Robert $1,000,000
Previous Owner Felman Robert H $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $1,100,000 -21.1% $204 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
03/04/2014 03/04/14 Price Changed $1,395,000 -6.7% $259 / Sq Ft
08/30/2013 08/30/13 For Sale $1,495,000 -- $278 / 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 $13,961 $1,228,303 -- --
2023 $13,961 $1,192,527 $0 $0
2022 $13,691 $1,157,793 $0 $0
2021 $13,572 $1,124,071 $0 $0
2020 $13,674 $1,108,551 $0 $0
2019 $13,283 $1,083,628 $0 $0
2018 $13,040 $1,063,423 $0 $0
2017 $12,995 $1,041,550 $0 $0
2016 $12,974 $1,054,700 $286,300 $768,400
2015 $12,424 $1,010,000 $334,600 $675,400
2014 $10,730 $809,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5781523

Stellar MLS

APN: 0380-05-0009