NOT LISTED FOR SALE

209 Palmetto Rd E Nokomis, FL 34275

Estimated Value: $381,000 - $566,000

5 Beds
3 Baths
2,275 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 13, 2019

Last sale price $300,000 $132 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,009/month

154 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Outdoor Storage
  • Laurel Nokomis School Rated A-
  • Sliding Doors
  • Heating Available

About This Home

As of August 2019

Fully rented Triplex with possible upside. Owner Financing Available with the right terms and conditions. Please do not disturb the tenants.

Last Agent to Sell the Property

Matt Schuler

AMERICAN PROPERTY GROUP License #3353194 Listed on: 03/14/2019

Last Buyer's Agent

Matt Schuler

AMERICAN PROPERTY GROUP License #3353194 Listed on: 03/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 1 Carport Space

Home Design

  • Triplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,275 Sq Ft Home
  • Sliding Doors

Kitchen

  • Range
  • Dishwasher

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 3 Units
  • Donna Bay Park Community
  • Dona Bay Park Rep Of Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,280

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2275
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 10000
  • Tenant Pays: Electricity
  • Directions to Property: Turn onto Magnolia Ave (Anita's Restaurant on corner) road loops around and Road name changes to Palmetto Rd E. Palmetto Rd E on the right. Triplex faces Palmetto Rd at end of common driveway.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430468&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4430468&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 917-846-2632
  • Ratio: Close Price\List Price: 0.86957
  • Price per Sq Ft: 131.87
  • Close to Original List Price Ratio: 0.86957
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Levels: One
  • Street Number Modifier: 209
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0327F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0171160012
  • Additional Parcels: No
  • Lot Dimensions: 100x100
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3280
  • Tax Book Number: 3-64
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Thunder Road Investments Llc
Bought by
Eagle Point Rentals Llc
Current Estimated Value
$479,933

Purchase Details

Closed on
May 10, 2016
Sold by
Pentsa Jon and Pentsa Marian Ilea
Bought by
Thunder Road Investments Llc

Purchase Details

Closed on
Nov 8, 2010
Sold by
Pensta John
Bought by
Pensta John and Pentsa Marian Ilea

Purchase Details

Closed on
May 18, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Pensta John

Purchase Details

Closed on
Dec 4, 2008
Sold by
Gaeta Joseph A and Gaeta Kolleen E
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 21, 2006
Sold by
Gaeta Kolleen E and Gaeta Joseph A
Bought by
Gaeta Joseph A and Gaeta Kolleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 25, 1998
Sold by
Siegrist Ronald J and Siegrist Janet M
Bought by
Gaeta Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,100
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Eagle Point Rentals Llc $300,000 Attorney
Thunder Road Investments Llc $195,000 First International Title In
Pensta John -- Attorney
Pensta John $57,500 Servicelink
Deutsche Bank National Trust Company -- None Available
Gaeta Joseph A $63,400 Liberty Title Company
Gaeta Joseph A $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaeta Joseph A $243,750
Previous Owner Gaeta Joseph A $20,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $300,000 -13.0% $132 / Sq Ft
03/12/2019 03/12/19 For Sale $345,000 -- $152 / 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 $5,903 $308,340 -- --
2023 $5,903 $466,200 $163,900 $302,300
2022 $5,540 $422,200 $149,000 $273,200
2021 $4,303 $235,500 $74,500 $161,000
2020 $4,035 $210,600 $74,500 $136,100
2019 $3,716 $194,600 $57,300 $137,300
2018 $3,280 $164,300 $57,300 $107,000
2017 $3,226 $157,100 $57,300 $99,800
2016 $2,803 $149,100 $46,400 $102,700
2015 $2,569 $117,900 $41,600 $76,300
2014 $2,268 $62,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4430468

Stellar MLS

APN: 0171-16-0012