NOT LISTED FOR SALE

1745 Palm Ln Nokomis, FL 34275

Estimated Value: $825,590 - $913,000

4 Beds
4 Baths
2,314 Sq Ft
$377/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $550,000 $238 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,494/month

356 Days on Market

Highlights

  • Intracoastal View
  • Open Floorplan
  • Key West Architecture
  • Laurel Nokomis School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2019

This BEAUTIFUL Key West Style home is ONE-OF-A-KIND! Private setting with home situated on almost half acre corner lot. Bring the toys as there is plenty of space to park your RV, boat, jet ski's, etc. Home is conveniently located approximately 2 miles from Sarasota Counties oldest beach, Nokomis Beach on Casey Key. This beach is a favorite of families and fishing enthusiasts alike having lifeguards on duty year round, free parking, picnic tables, bait shop, restrooms, and even concessions. Masterful design and premium finishes epitomize this 4 bedroom home with 2 full baths, 2 half baths and 2 car garage. This home has all the right spaces with open layout which is voluminous, open, and bright. Sprawling entertaining spaces flow outside to the almost 1,500 SF of balcony decks and lanais. The top-of-the-line chef's kitchen is clad with premium fixtures and finishes including custom cabinets, beautiful seascape granite counter tops, breakfast bar, island, and professional grade appliances including Sub-Zero refrigerator and Viking range. The large master bedroom features en suite bathroom, walk-in closet, and direct access to 2 balconies with fantastic views. The master bath amenities include tub with separate shower, dual sinks, and generous storage. This home is the "Florida Lifestyle" and must be seen in person to truly appreciate the many diverse spaces and relaxing atmosphere.

Last Agent to Sell the Property

Nick Flerlage

NEXTHOME SUNCOAST License #3150780 Listed on: 04/15/2018

NEXTHOME SUNCOAST

Co-Listed By

Beth Flerlage

NEXTHOME SUNCOAST License #3215791

Last Buyer's Agent

David Halligan

KELLER WILLIAMS ON THE WATER S License #3147633

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Property is zoned RSF1

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Pad
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Key West Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Siding
  • Stucco

Interior Spaces

  • 2,314 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Inside Utility
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Wrap Around Porch
  • Screened Patio
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,471

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Block, Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2314
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 5198
  • Lot Size Sq Ft: 19906
  • Directions to Property: From Venice, North on US 41 to Left onto Bayshore Road to Right onto Palm Lane, Home is on the Left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100086&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=N6100086&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.91682
  • Price per Sq Ft: 237.68
  • Close to Original List Price Ratio: 0.84615
  • Ratio: Current Price\Building Area Total: 105.81
  • View: No
  • Co List Office Mls Id: 284509056
  • Co List Office Phone: 941-486-8686
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 1745
  • Room Count: 9
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Hurricane Shutters, Irrigation System, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Rear Porch, Screened, Wrap Around
  • Water View: Intracoastal Waterway
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0238F
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0166100008
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3471
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
May 20, 2019
Sold by
Napolillo John and Trust Agreement Of John Napoli
Bought by
Bloom Thomas R and Carnevale Mary Ann
Seller's Agent
Nick Flerlage
NEXTHOME SUNCOAST
Buyer's Agent
David Halligan
KELLER WILLIAMS ON THE WATER S
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$872,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,148
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Napolillo John D
Bought by
Napolillo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 2004
Sold by
Putman James T
Bought by
Napolillo John D

Purchase Details

Closed on
Apr 24, 1998
Sold by
Meyer James A and Meyer Marlene
Bought by
Putman James T
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
Bloom Thomas R $550,000 Attorney
Napolillo John -- None Available
Napolillo John D $485,000 --
Putman James T $203,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Napolillo John $240,000
Previous Owner Napolillo John $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $550,000 -8.3% $238 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $599,900 -3.2% $259 / Sq Ft
01/28/2019 01/28/19 Price Changed $619,900 -3.0% $268 / Sq Ft
01/02/2019 01/02/19 Price Changed $639,000 -1.7% $276 / Sq Ft
04/10/2018 04/10/18 For Sale $650,000 -- $281 / 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 $9,017 $699,500 $184,200 $515,300
2023 $9,017 $797,000 $202,900 $594,100
2022 $8,496 $754,700 $180,900 $573,800
2021 $6,504 $505,300 $123,700 $381,600
2020 $6,032 $455,000 $164,700 $290,300
2019 $3,558 $295,660 $0 $0
2018 $3,472 $290,147 $0 $0
2017 $3,455 $284,179 $0 $0
2016 $3,445 $476,500 $196,500 $280,000
2015 $3,506 $387,800 $112,300 $275,500
2014 $3,492 $270,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6100086

Stellar MLS

APN: 0166-10-0008