NOT LISTED FOR SALE

1881 Laurel Rd E Nokomis, FL 34275

Estimated Value: $810,000 - $1,351,150

12.02 Acres
$85,611 Price per Acre
523,591 Sq Ft Lot

Last Sold May 25, 2022

Last sale price $2,800,000 $690 Per Sq Ft

Current estimated payment $6,150/month

317 Days on Market

Highlights

  • 12.02 Acre Lot
  • No HOA
  • Heating Available
  • Laurel Nokomis School Rated A-

About This Lot

As of May 2022

1881 Laurel Rd is a 5 Acres Parcel being sold with its 7 acre sister property. Both parcels form an L shape to make a combined 12 acres ready to be rezoned for future development. New Sarasota Memorial Hospital completion in 2021. Laurel Nokomis K-8 School across the street. Straight shot to the beach. Easy access to I-75. Future development of neighboring properties in discussion with Sarasota County. Approx 300' of Road Frontage on Laurel Road. Owner ready to Make a Deal. Call Agent for acceptable diligence period and to make an Offer. Hot, Rapidly growing I-75, easily accessed Hospital area. Take Advantage of this period in time to prepare for major influx.

Last Agent to Sell the Property

Shaune Harper Kimbler

REDFIN CORPORATION License #3455696 Listed on: 02/02/2021

REDFIN CORPORATION

Last Buyer's Agent

Michael Migone

SVN COMMERCIAL ADVISORY GROUP License #0399768

SVN COMMERCIAL ADVISORY GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,995

Lot Details

  • 12.02 Acre Lot
  • Lot Dimensions are 299x728x300x538x597x1368
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned OUE1

Schools

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

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laurel Acres Community

Listing and Financial Details

  • Assessor Parcel Number 0380140002

Property Details

Property Type

Land

Est. Annual Taxes

$3,995

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 12.02
  • Lot Size Sq Ft: 217800
  • Number Of Lots: 2
  • Directions to Property: From I-75, Exit 195 West on Laurel Road. Property on the right heading west. Entrance to property through opened gate. Road extends from Laurel Road all the way to back of second parcel.
  • Status: Sold
  • Street Post Direction: E
  • Total Acreage: 10 to less than 20
  • Ratio: Close Price\List Price: 0.79979
  • Price per Sq Ft: 12.86
  • Close to Original List Price Ratio: 0.875
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1881

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 299
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: OUE1
  • Parcel Number: 0380140002
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Dimensions: 299x728x300x538x597x1368
  • Price Per Acre: 232945
  • Flood Zone Code: AE

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 3994.63
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
May 24, 2022
Sold by
Sawyer James P and Sawyer Cheri L
Bought by
2001 Laurel Llc
Seller's Agent
Shaune Harper Kimbler
REDFIN CORPORATION
Buyer's Agent
Michael Migone
SVN COMMERCIAL ADVISORY GROUP
List Price
$3,500,900
Sold Price
$2,800,000
Premium/Discount to List
-$700,900
-20.02%
Current Estimated Value
$1,029,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,770,950
Avg. Annual Appreciation
-22.53%
Original Mortgage
$2,145,000
Outstanding Balance
$2,055,574
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
-$859,055

Purchase Details

Closed on
Jun 15, 2010
Sold by
Austin Todd J and Austin Terri M
Bought by
Sawyer James P and Criss Cheri L

Purchase Details

Closed on
Jan 23, 2001
Sold by
Criss Cheri L
Bought by
Criss Cheri L and Sawyer James P

Purchase Details

Closed on
Jun 3, 1994
Sold by
Roth Carter E and Fradenburg Beverly
Bought by
Roth Carter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
2001 Laurel Llc $2,800,000 Boone Boone & Boone Pa
Sawyer James P -- Attorney
Criss Cheri L -- --
Roth Carter E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roth Carter E $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $2,800,000 -20.0% $690 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/07/2021 12/07/21 For Sale $3,500,900 0.0% $863 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $3,500,900 0.0% $863 / Sq Ft
08/23/2021 08/23/21 For Sale $3,500,900 -16.6% $863 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
06/25/2021 06/25/21 Price Changed $4,200,000 0.0% $1,035 / Sq Ft
06/25/2021 06/25/21 For Sale $4,200,000 +31.3% $1,035 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $3,200,000 -- $789 / 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 $8,591 $795,190 -- --
2023 $8,591 $722,900 $565,300 $157,600
2022 $4,315 $335,200 $200,300 $134,900
2021 $3,995 $296,800 $130,900 $165,900
2020 $3,938 $286,700 $134,800 $151,900
2019 $4,215 $312,700 $158,600 $154,100
2018 $4,536 $339,800 $206,400 $133,400
2017 $4,512 $331,900 $206,200 $125,700
2016 $5,691 $432,000 $309,400 $122,600
2015 $5,310 $389,200 $247,500 $141,700
2014 $4,671 $301,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7438091

Stellar MLS

APN: 0380-14-0002