NOT LISTED FOR SALE

1492 Casey Key Rd Nokomis, FL 34275

Casey Key Neighborhood

Estimated Value: $6,946,995

3 Beds
7 Baths
5,886 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $4,500,000 $765 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $41,124/month

309 Days on Market

Highlights

  • 220 Feet of Waterfront
  • White Water Ocean Views
  • Private Beach
  • Laurel Nokomis School Rated A-
  • Water access To Gulf or Ocean
  • Dock made with wood

About This Home

As of June 2018

Be transported to 1st Century Rome at Villa Palladio – a one-of-a-kind masterpiece on 1.28 acres of tropical paradise. Located on the exclusive residential barrier island of Casey Key just minutes south of Sarasota, the 4-story Italian villa is named for Andrea Palladio, one of the most influential architects of all time. With 360-degree ocean-to-bay views, you’ll never want for tranquility, relaxation, or a European vacation in this real estate heaven on Earth. The defined sequence of living spaces include a professional-grade kitchen, library bar, luxurious master suite with His & Her baths, a penthouse office and a romantic Roman roof garden to set the scene for intimate gatherings or grand sunset soirées, with cinematic views unlike any other on the Key. Authentic travertine and Doric columned loggias embrace the 75’ infinity pool and alfresco dining. Truly, Villa Palladio presents La Dolce Vita where the sky meets the shore.

Last Agent to Sell the Property

Kim Ogilvie

MICHAEL SAUNDERS & COMPANY License #0412475 Listed on: 06/26/2017

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Eric Panico

THE TONI EVERETT COMPANY License #651528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,770

Year Built

  • Built in 2008

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 112x480x108x501
  • 220 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Mature Landscaping
  • Irrigation
  • Property is zoned RE2

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • White Water Ocean
  • Beach
  • Intracoastal

Home Design

  • Stem Wall Foundation
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,886 Sq Ft Home
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Intercom
  • Closed Circuit Camera
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Fishing Pier
  • Deeded access to the beach
  • Boat Slip Deeded
  • Dock made with wood
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Casey Key Community
  • Casey Key Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,770

Year Built

Built in 2008

Lot Details

0

Parking

5

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5886
  • Lot Size Acres: 1.28
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 16761
  • Lot Size Sq Ft: 56088
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4189751&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4189751&cview=true&show_results=true&customer_portal=true
  • Floor Number: 3
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.56285
  • Price per Sq Ft: 764.53
  • Close to Original List Price Ratio: 0.50562
  • Ratio: Current Price\Building Area Total: 268.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Other Room
  • Living Area Units: Square Feet
  • Flooring: Marble, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Interior Amenities: Built in Features, Crown Molding, Elevator, High Ceiling(s), Intercom, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Double Oven, Microwave, Oven, Range, Range Hood, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Other Equipment: Satellite Dish
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 10
  • Additional Rooms: Bonus Room, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground, Infinity
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters
  • Roof: Other
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Gulf Of Mexico & Blackburn Bay
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Bay/Harbor - Full, Beach, Gulf/Ocean - Full, Intracoastal Waterway
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site, Dock - Wood, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0238F
  • Waterfront Frontage: 220
  • Water Frontage Feet I C W: 4
  • Water Frontage Feet Bay Harbor: 108
  • Water Frontage Feet Beach Prvt: 4
  • Water Frontage Feet Gulf Ocean: 100
  • Water Frontage Feet Ocean 2 Bay: 4
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Guest
  • Covered Parking Spaces: 5
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s), Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • 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: RE2
  • Parcel Number: 0167030006
  • Additional Parcels: No
  • Lot Features: FloodZone, In County
  • Lot Dimensions: 112x480x108x501
  • Flood Zone Code: VE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 55770
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Bay/Harbor, Beach - Private, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Jun 1, 2018
Sold by
Scantladn George F and Scantladn Janice M
Bought by
Koren Edward F and 1492 Casey Key Road Revocable
Seller's Agent
Kim Ogilvie
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Eric Panico
THE TONI EVERETT COMPANY
List Price
$8,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$4,400,000
-49.44%
Current Estimated Value
$6,946,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,446,995
Avg. Annual Appreciation
5.92%
Original Mortgage
$2,925,000
Outstanding Balance
$2,513,572
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$4,433,423

Purchase Details

Closed on
Aug 11, 2005
Sold by
Scatland George F and Scatland Janice M
Bought by
Scatland George F and Scatland Janice M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Koren Edward F $4,500,000 Attorney
Scatland George F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koren Edward F $2,925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $4,500,000 -43.7% $765 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
10/10/2017 10/10/17 Price Changed $7,995,000 -10.2% $1,358 / Sq Ft
06/26/2017 06/26/17 For Sale $8,900,000 -- $1,512 / 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
2025 $58,024 $5,129,320 -- --
2024 $56,681 $4,998,862 -- --
2023 $56,681 $4,853,264 $0 $0
2022 $55,923 $4,740,060 $0 $0
2021 $56,042 $4,602,000 $1,605,100 $2,996,900
2020 $59,454 $4,772,826 $0 $0
2019 $57,872 $4,665,519 $0 $0
2018 $55,944 $4,500,444 $0 $0
2017 $55,770 $4,407,879 $0 $0
2016 $55,706 $6,157,900 $2,244,000 $3,913,900
2015 $56,796 $6,641,000 $1,951,300 $4,689,700
2014 $56,617 $4,190,327 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Ogilvie

    Seller's Agent in 2018

    Kim Ogilvie

    Michael Saunders

    (941) 376-1717

    2 in this area

    116 Total Sales

    Kim Ogilvie
    Section Image
  • Eric Panico

    Buyer's Agent in 2018

    Eric Panico

    THE TONI EVERETT COMPANY

    (813) 846-2998

    102 Total Sales

    Eric Panico
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4189751

Stellar MLS

APN: 0167-03-0006

Florida Sarasota County Nokomis 34275 Casey Key

1492 Casey Key Rd, Nokomis, FL

Not Listed for Sale

Detached

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

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