NOT LISTED FOR SALE

116 Sugarloaf Dr Nokomis, FL 34275

Estimated Value: $447,672 - $548,000

3 Beds
2 Baths
1,710 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $285,000 $167 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,902/month

184 Days on Market

Highlights

  • 76 Feet of Waterfront
  • Lake View
  • Cathedral Ceiling
  • Laurel Nokomis School Rated A-
  • Deck
  • Solid Surface Countertops

About This Home

As of March 2018

Sorrento Cay is a small community of Key West style homes situated west of US 41 in Nokomis. One of the few communities offering natural gas as well as eco-friendly, tropical landscaping, Sorrento Cay is perfectly located between Sarasota and Venice, close to the beaches, shopping, and with easy access to I-75. This 3 bedroom, 2 bath home features a great open plan with views of the lake through the 8 ft tall glass doors extending the width of the living room. The master bedroom has en suite bath and French doors to bring in bountiful natural light. Make this one yours so you can kick back, relax and enjoy the serenity of the lake view from the 40 ft long screened in porch. This home has a full set of storm shutters, built in 2004 so has stronger building codes than older homes, the finished floor elevation is 11.30 ft and the neighborhood has engineered drainage. This offers the safety and security during strong weather conditions.

Last Agent to Sell the Property

Hansel Pitts

COLDWELL BANKER SARASOTA CENT. License #544244 Listed on: 08/01/2017

COLDWELL BANKER SARASOTA CENT.

Co-Listed By

Greg Pitts

COLDWELL BANKER SARASOTA CENT. License #3282805

Last Buyer's Agent

Randy Owens

COLDWELL BANKER REALTY License #3173552

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,816

Year Built

  • Built in 2004

Lot Details

  • 10,875 Sq Ft Lot
  • 76 Feet of Waterfront
  • Lake Front
  • Property is zoned RSF2

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 1,710 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Lake Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sorrento Cay Community
  • Sorrento Cay Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,816

Year Built

Built in 2004

Lot Details

10,875 Sq Ft Lot

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1710
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2600
  • Lot Size Sq Ft: 10875
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5913797&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N5913797&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95032
  • Price per Sq Ft: 166.67
  • Close to Original List Price Ratio: 0.8639
  • Ratio: Current Price\Building Area Total: 109.62
  • View: Yes
  • Co List Office Mls Id: 281502460
  • Co List Office Phone: 941-487-5600
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Microwave Hood, Oven, Range, Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: French Doors, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0236F
  • Waterfront Frontage: 76
  • Water Frontage Feet Lake: 76

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Gas, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 90
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 360
  • Monthly HOA Fee: 30
  • Total Monthly Fees: 30

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0161020039
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Sidewalk
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1816
  • Tax Block: F
  • Tax Book Number: 2-65
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Feb 28, 2018
Sold by
Fujimaru Megumi
Bought by
Waterecutter William E and Waterecutter Laura A
Seller's Agent
Hansel Pitts
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Randy Owens
COLDWELL BANKER REALTY
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%
Current Estimated Value
$491,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,418
Avg. Annual Appreciation
6.98%
Original Mortgage
$228,000
Outstanding Balance
$192,988
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$298,430

Purchase Details

Closed on
Oct 12, 2010
Sold by
Weiss Linda K
Bought by
Gonzalez Pablo and Fujimaru Megumi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Wasserman Brett E and Wasserman Heather E
Bought by
Weiss Linda K and Linda K Weiss Revocable Living Trust

Purchase Details

Closed on
Feb 20, 2004
Sold by
Eco-Homes Inc
Bought by
Wasserman Brett E and Wasserman Heather E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Waterecutter William E $285,000 Attorney
Gonzalez Pablo $220,000 Attorney
Weiss Linda K $283,300 Chelsea Title Company
Wasserman Brett E $54,700 --
Wasserman Brett E $54,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterecutter William E $228,000
Previous Owner Gonzalez Pablo $165,000
Previous Owner Wasserman Brett E $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2018 03/06/18 Sold $285,000 -5.0% $167 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $299,900 -6.3% $175 / Sq Ft
10/24/2017 10/24/17 Price Changed $319,900 -3.0% $187 / Sq Ft
08/01/2017 08/01/17 For Sale $329,900 -- $193 / Sq Ft
Source: Stellar MLS

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
2025 $3,163 $287,434 -- --
2024 $3,052 $279,333 -- --
2023 $3,052 $271,197 $0 $0
2022 $2,961 $263,298 $0 $0
2021 $2,945 $255,629 $0 $0
2020 $2,951 $252,100 $59,100 $193,000
2019 $2,940 $254,600 $59,100 $195,500
2018 $3,156 $237,500 $62,800 $174,700
2017 $1,818 $163,893 $0 $0
2016 $1,816 $235,200 $52,300 $182,900
2015 $1,847 $205,100 $45,600 $159,500
2014 $1,838 $155,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N5913797

Stellar MLS

APN: 0161-02-0039

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