NOT LISTED FOR SALE

1731 Palm Ln Nokomis, FL 34275

Estimated Value: $1,590,000 - $2,170,000

3 Beds
3.5 Baths
2,821 Sq Ft
$696/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $1,360,000 $482 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $11,608/month

12 Days on Market

Highlights

  • 150 Feet of Waterfront
  • White Water Ocean Views
  • Access To Intracoastal Waterway
  • Laurel Nokomis School Rated A-
  • Guest House
  • Boat Slip Deeded

About This Home

As of May 2017

At the end of Palm Lane, lies a respite from the real world. If you’re seeking a beautifully updated home with an open floor plan, this is it. The handcrafted mahogany front door, cypress covered porch and built-in foyer bookcase sets the stage for all that lies within. The kitchen, dining room, formal and informal spaces are the central part of this home with richly colored travertine stone, crown molding, plantation shutters and Andersen impact windows throughout. The master suite spans the south side of the home with water views, an oversized walk-in closet and spacious master bath. The split floor plan has a second bedroom suite on the north side of the house with a vintage styled bath, total privacy and waterfront views. The third bedroom is located in a separate, detached guest cottage. It is currently being used as a fitness and recreation suite, but with an existing full bath and private quarters, this space would be perfect for extended family and friends. Serviced by public sewer and water, the high elevation does not require flood insurance, which is a rarity in waterfront homes. Landscaped with specimen palms and a gorgeous waterfall, this home will satisfy the serious boater with a Trex dock that leads to a 16,000-pound lift and a piling slip up for a vessel up to 50 feet. This home has gorgeous views all day long and is perfectly positioned to capture the essence of waterfront living.

Last Agent to Sell the Property

Valerie Dall'acqua

PREMIER SOTHEBY'S INTERNATIONAL REALTY Brokerage Phone: 941-364-4000 License #3198592 Listed on: 03/30/2017

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Louis Wery

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #0654389

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,437

Year Built

  • Built in 1962

Lot Details

  • 0.77 Acre Lot
  • 150 Feet of Waterfront
  • 75 Feet of Bay Harbor Waterfront
  • 75 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced
  • Irrigation
  • Property is zoned RSF1

Parking

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

Property Views

  • White Water Ocean
  • Intracoastal

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,821 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Concrete
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access To Intracoastal Waterway
  • Access to Bay or Harbor
  • Boat Lift
  • Boat Slip Deeded
  • Deck
  • Enclosed Patio or Porch

Additional Homes

  • Guest House

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0166100009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,437

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2821
  • Lot Size Acres: 0.77
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 3062
  • Lot Size Sq Ft: 33725
  • Directions to Property: From Sarasota, take U.S. 41 to Bayshore and turn Right at the second entrance of Sorrento South. Stay slight Left on Bayshore about 2 blocks, then turn Right on Palm Ln. to 1731.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1037329
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 482.10
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Attribution Contact: 941-364-4000
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick, Concrete, Terrazzo
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1731
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Attic,Great Room,Inside Utility
  • Living Area Meters: 262.08
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Exterior Features: French Doors, Irrigation System
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: BLACKBURN BAY
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Bay/Harbor,Intracoastal Waterway
  • Water Extras: Dock - Slip Deeded On-Site,Lift
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Full,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 150
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0238F
  • Water Frontage Feet Bay Harbor: 75
  • Water Frontage Feet ICW: 75

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0166100009
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Paved
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 9437
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Bay/Harbor, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Dias Fiona P
Bought by
Dias Fiona P and Fiona P Dias Revocable Trust
Current Estimated Value
$1,962,134

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 31, 2017
Sold by
Womack Michael O and Womack Leandra J
Bought by
Dias Floyd A and Dias Fiona P
Seller's Agent
Valerie Dall'acqua
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Louis Wery
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,425,000
Sold Price
$1,360,000
Premium/Discount to List
-$65,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$1,072,000
Outstanding Balance
$561,472
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,400,662

Purchase Details

Closed on
Sep 29, 2003
Sold by
Matthews D Turner
Bought by
Womack Michael O

Purchase Details

Closed on
Sep 9, 2003
Sold by
Young M Gordon and Young Jannette M
Bought by
Womack Michael O

Purchase Details

Closed on
Aug 2, 2002
Sold by
Young M Gordon and Young Janette M
Bought by
Matthews D Turner and Womack Michael O
Source: Public Records

Range of Values:

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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
Dias Fiona P -- Attorney
Dias Fiona P -- None Available
Dias Floyd A $1,360,000 Attorney
Womack Michael O -- --
Womack Michael O -- --
Matthews D Turner $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dias Floyd A $1,072,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2017 08/29/17 Off Market $1,360,000 -- --
05/31/2017 05/31/17 Sold $1,360,000 -4.6% $482 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,425,000 -- $505 / 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 $13,964 $1,240,669 -- --
2023 $13,964 $1,201,717 $0 $0
2022 $13,692 $1,166,716 $0 $0
2021 $13,293 $1,095,111 $0 $0
2020 $13,295 $1,072,200 $848,100 $224,100
2019 $13,413 $1,088,065 $0 $0
2018 $13,169 $1,067,777 $0 $0
2017 $9,521 $761,840 $0 $0
2016 $9,437 $881,900 $709,400 $172,500
2015 $9,617 $1,017,300 $836,300 $181,000
2014 $9,583 $719,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4182429

Stellar MLS

APN: 0166-10-0009