NOT LISTED FOR SALE

307 Winfield Way Nokomis, FL 34275

Estimated Value: $791,000 - $830,000

5 Beds
3 Baths
2,343 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $750,000 $320 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,029/month

2 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • High Speed Internet
  • Laurel Nokomis School Rated A-

About This Home

As of November 2021

Amazing investment opportunity, location location, location! This quadruplex income property is fully leased out; sitting on an oversized lot (15,000)SF with a potential to add another building. 0.5 mile from the beach and 1 mile away from all the shops.
No homeowners association, allowing buyer to do vacation rentals. The possibilities are endless.
Out of the four units, three are currently on a month-to-month basis giving buyer the flexibility between a long or short term rental, also they are currently rented bellow market. The remaining unit is on a yearly contract.
New roof 2021, second story units were re-done in 2021 which includes new counter tops, sinks, flooring and A/C units. Brand new landscape done in July 2021. Exterior painted 2019.
Property has a shed and shared laundry for all tenants.

Last Agent to Sell the Property

Christopher Taddei

FLORIDA CONNEXION PROPERTIES License #3304106 Listed on: 09/07/2021

FLORIDA CONNEXION PROPERTIES

Last Buyer's Agent

Susie Nard, PA

OVERSEAS REALTY, INC License #3236152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot

Parking

  • 4 Carport Spaces

Home Design

  • 2,343 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 0170 Dearborn Community
  • 0000 Not Part Of A Subdivision

Building Details

  • Gross Income $53,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,311

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2343
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 15000
  • Tenant Pays: Electricity, Trash Collection, Water
  • Directions to Property: From I 95 south on 681 then head south on 41 make a right on Laurel road west, left on shore Road, left on Chanel Access Road and right on Winfield way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5970122?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5970122?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97529
  • Price per Sq Ft: 320.1
  • Close to Original List Price Ratio: 0.97529
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Thermostat
  • Foundation Details: Slab
  • Street Number Modifier: 307
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0239F

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0171040051
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04

Rental Info

  • Total Actual Rent: 4475

Multi Family

  • Gross Income: 53700
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4311
  • Tax Book Number: 2-23
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Nov 4, 2021
Sold by
Rigby Linda S
Bought by
Ae & K Winfield Llc
Seller's Agent
Christopher Taddei
FLORIDA CONNEXION PROPERTIES
Buyer's Agent
Susie Nard, PA
OVERSEAS REALTY, INC
List Price
$769,000
Sold Price
$750,000
Premium/Discount to List
-$19,000
-2.47%
Current Estimated Value
$813,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,333
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,086,562
Outstanding Balance
$1,004,665
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$195,332

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 31, 2021
Sold by
Rigby Robert B
Bought by
Rigby Linda S
Seller's Agent
Christopher Taddei
FLORIDA CONNEXION PROPERTIES
Buyer's Agent
Susie Nard, PA
OVERSEAS REALTY, INC
List Price
$769,000
Sold Price
$750,000
Premium/Discount to List
-$19,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,086,562
Outstanding Balance
$1,004,665
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$195,332

Purchase Details

Closed on
Jul 28, 2011
Sold by
Rigby Linda S
Bought by
Rigby Linda S

Purchase Details

Closed on
Dec 2, 2004
Sold by
Bracher Kenneth P and Bracher Patricia J
Bought by
Rigby Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2002
Sold by
Pfeiffer Carolyn and Hoskins Mary E
Bought by
Bracher Kenneth P and Bracher Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2001
Sold by
Faber William
Bought by
Pfeiffer Carolyn A and Hoskins Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,300
Interest Rate
6.87%
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
Ae & K Winfield Llc $750,000 Attorney
Rigby Linda S -- Accommodation
Rigby Linda S -- Attorney
Rigby Linda S $330,000 --
Bracher Kenneth P $209,000 --
Pfeiffer Carolyn A $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ae & K Winfield Llc $1,086,562
Previous Owner Rigby Linda S $264,000
Previous Owner Bracher Kenneth P $167,200
Previous Owner Pfeiffer Carolyn A $81,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $750,000 -2.5% $320 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $769,000 -- $328 / 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 $7,168 $554,800 $204,000 $350,800
2023 $7,168 $548,900 $201,000 $347,900
2022 $7,233 $548,700 $171,500 $377,200
2021 $4,717 $338,300 $114,000 $224,300
2020 $4,311 $306,500 $125,300 $181,200
2019 $3,655 $245,600 $86,300 $159,300
2018 $3,526 $253,700 $86,300 $167,400
2017 $2,884 $188,751 $0 $0
2016 $2,821 $190,900 $75,000 $115,900
2015 $2,779 $188,000 $69,000 $119,000
2014 $2,598 $128,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5970122

Stellar MLS

APN: 0171-04-0051