NOT LISTED FOR SALE

223 Nippino Trail E Nokomis, FL 34275

Estimated Value: $318,000 - $379,000

4 Beds
2 Baths
1,776 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $242,277 $136 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,287/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Property is near public transit
  • Central Heating and Cooling System
  • Laurel Nokomis School Rated A-
  • Ceramic Tile Flooring
  • 4-minute walk to Pocono Trail Preserve

About This Home

As of May 2021

Investors here is your chance to grab a duplex in an up-and-coming area located on a large .26 double lot and currently under rented. Both units are 2bed/1bath, ceramic tile throughout, washer/dryer hookups in hallway closets. This is a raised duplex on well water and septic with a metal roof. Units are separately metered for electricity. Unit 223 leased through the end of August @ $895/mo. Unit 225 leased @ $900/mo on a month-to-month. Nokomis is 5-10minutes from restaurants, shopping, golf, beaches, and more. Showings will require advanced notice.

Last Agent to Sell the Property

Marc Pelletz

RELAX REALTY GROUP INC License #0608183 Listed on: 02/12/2021

Co-Listed By

Dane Peterson

RELAX REALTY GROUP INC License #3346860

Last Buyer's Agent

Eduardo Soriano

PREMIER PORTFOLIO INTL REALTY License #3342565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Additional Parcels

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry in unit

Parking

  • On-Street Parking
  • Open Parking

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 35 / 13
  • Assessor Parcel Number 0405120016

Community Details

Overview

  • 2 Units
  • Nokomis Community
  • Nokomis Subdivision

Building Details

  • Gross Income $20,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Property Description: Elevated
  • Construction Materials: Wood Frame
  • Living Area: 1776.00
  • Lot Size Acres: 0.27
  • Year Built: 1986
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491342?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491342?w=Customer
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 11721
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4491342?w=PubMLS
  • Directions to Property: From the Laurel Rd E and South Tamiami Trl intersection head south on Tamiami Trl. Head south almost 2mi until you cross over the Dona Bay bridge. Make a left at the traffic light onto Colonia Ln E. Head down Colonia ln and make a right on Nash Ave. Then make a left on to Nippino Trail East. Property is on the left.
  • Escrow City: Sarasota
  • Escrow Postal Code: 34237
  • Escrow State: FL
  • Escrow Street Name: Ringling blvd
  • Escrow Street Number: 2070
  • List Office Head Office Key Nume: 1047811
  • Status: Sold
  • Street Post Direction: E
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Foundation Details: Crawlspace
  • Levels: One
  • Living Area Meters: 165.00
  • Street Number Modifier: 223

Exterior Features

  • Exterior Features: Fenced
  • Roof: Metal
  • Flood Zone Code: AE
  • Flood Zone Date: 11/04/2016
  • Flood Zone Panel: 12115C0327F
  • View: Park, Trees/Woods
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: On Street, Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • S W Subdiv Community Name: Nokomis
  • Security: Fire Alarm

Schools

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

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RMF1
  • Parcel Number: 0405120016
  • Additional Parcels Description: 0405120017
  • Additional Parcels: Yes
  • Lot Features: FloodZone, In County, Near Public Transit, Street Paved
  • Lot Size Square Meters: 1089

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Please check with Sarasota county regarding all short-term rental inquiries.
  • Total Actual Rent: 1795

Multi Family

  • Total Monthly Expenses: 274
  • Total Num Buildings: 1
  • Unit Count: 2
  • Gross Income: 20340
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3000.00
  • Tax Block: 13
  • Tax Book Number: 1-11
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 19, 2021
Sold by
Kg5 Group Llc
Bought by
Thompson Lance I and Likhacheva Natalia Y
Seller's Agent
Marc Pelletz
RELAX REALTY GROUP INC
Buyer's Agent
Eduardo Soriano
PREMIER PORTFOLIO INTL REALTY
List Price
$249,777
Sold Price
$242,277
Premium/Discount to List
-$7,500
-3%
Current Estimated Value
$355,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,056
Avg. Annual Appreciation
9.72%
Original Mortgage
$205,935
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2013
Sold by
The Northern Trust Company
Bought by
Kg5 Group Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thompson Lance I $242,277 Attorney
Kg5 Group Llc $73,000 National Settlement & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Lance I $712,000
Closed Thompson Lance I $205,935
Previous Owner Passanant Paul $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $242,277 -3.0% $136 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $249,777 -- $141 / 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 $4,108 $256,900 $82,000 $174,900
2023 $4,108 $276,600 $69,300 $207,300
2022 $3,677 $223,000 $62,500 $160,500
2021 $2,786 $161,000 $40,300 $120,700
2020 $2,414 $115,800 $21,500 $94,300
2019 $2,382 $118,700 $21,000 $97,700
2018 $2,252 $112,100 $21,000 $91,100
2017 $2,452 $121,363 $0 $0
2016 $2,387 $122,700 $24,900 $97,800
2015 $2,202 $100,300 $20,300 $80,000
2014 $2,129 $79,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marc Pelletz

    Seller's Agent in 2021

    Marc Pelletz

    RELAX REALTY GROUP INC

    (941) 809-3869

    2 in this area

    62 Total Sales

    Section Image
  • Dane Peterson

    Seller Co-Listing Agent in 2021

    Dane Peterson

    RELAX REALTY GROUP INC

    (239) 357-5692

    2 in this area

    81 Total Sales

    Section Image

  • E

    Buyer's Agent in 2021

    Eduardo Soriano

    PREMIER PORTFOLIO INTL REALTY

    (727) 300-6625

    1 in this area

    44 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4491342

Stellar MLS

APN: 0405-12-0016

Florida Sarasota County Nokomis 34275

223 Nippino Trail E, Nokomis, FL

This home is located at 223 Nippino Trail E, Nokomis, FL 34275 since 12 February 2021 and is currently estimated at $345,667, approximately $194 per square foot. This property was built in 1986. 223 Nippino Trail E is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and Island Village Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

Nearby Homes