NOT LISTED FOR SALE

401 Nokomis Ave S Unit 526 Venice, FL 34285

Estimated Value: $486,000 - $755,000

2 Beds
2.5 Baths
1,767 Sq Ft
$515/mo HOA Fee

Last Sold March 31, 2022

Last sale price $685,000 $388 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,612/month

8 Days on Market

Highlights

  • Engineered Wood Flooring
  • High Ceiling
  • Community Pool
  • Venice Elementary School Rated A
  • Solid Surface Countertops
  • Balcony

About This Home

As of March 2022

Rarely available and new in 2016. Urban living on Venice Island. Island Court Venice provides carefree living and no CDD fees. This bright, tastefully appointed end-unit and conveniently located maintenance-free home is ready for you to move in and enjoy. Only blocks away from historic Main Street shopping, boutiques, dining, theaters, medical facilities and beautiful sandy beaches on the Gulf of Mexico. Venice Island is a great place to walk, bike and even have your street-legal golf cart to explore all that Venice Island has to offer. Island Court Venice is comprised of 26 Venetian-style residences with a beautiful community pool to enjoy. Some beautiful touches of this lovely home include granite countertops, wood cabinetry, plantation shutters, engineered hardwood floors, hurricane impact-resistant windows and doors, immaculate and oversized two-car garage, storage, volume ceilings and so much more. With two bedrooms, two-and-a-half baths and a den/flex space for endless possibilities, there is space for everyone. The upper and lower balconies are wonderful spaces to enjoy the beautiful breezes outdoors and just relax, and let's not forget that this home is only minutes to the new public library, art center and the Venice Community Center. This home is something you will not want to miss. Make sure you put it at the top of your list. This truly is Venice Island-living at its finest.

Last Agent to Sell the Property

Megan George

PREMIER SOTHEBYS INTL REALTY License #3012841 Listed on: 02/15/2022

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Christina Burns

EXIT KING REALTY License #3282799

EXIT KING REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,703

Year Built

  • Built in 2016

Lot Details

  • North Facing Home
  • Condo Land Included

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,767 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Storage Room
  • Inside Utility
  • Engineered Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Venice Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, manager, pool maintenance
  • Lighthouse Property Management Association, Phone Number (941) 412-1666
  • Island Court Venice Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 101 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,703

Year Built

Built in 2016

Lot Details

0

HOA Fees

$515 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Manager, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1767
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 2016
  • Building Area Total: 2602
  • Lot Size Sq Ft: 1578
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6119690?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6119690?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97857
  • Price per Sq Ft: 387.66
  • Close to Original List Price Ratio: 0.97857
  • Ratio: Current Price\Building Area Total: 263.26
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Engineered Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Additional Rooms: Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Sidewalk
  • Association Fee: 1546
  • Association Fee Frequency: Quarterly
  • Association Name: Lighthouse Property Management
  • Phone: 941-412-1666
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6184
  • Monthly HOA Fee: 515.33
  • Total Monthly Fees: 515.33

Schools

  • Elementary School: Venice Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0429031026
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 101
  • Minimum Lease: 1 Month
  • Approval Process: See Deed Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Deed Restrictions

Tax Info

  • Tax Annual Amount: 5702.64
  • Tax Block: 1
  • Tax Lot: 426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 30, 2022
Sold by
Lee Cline Rodney
Bought by
Loch Nicholas G
Seller's Agent
Megan George
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Christina Burns
EXIT KING REALTY
List Price
$699,999
Sold Price
$685,000
Premium/Discount to List
-$14,999
-2.14%
Current Estimated Value
$637,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,018
Avg. Annual Appreciation
-1.97%
Original Mortgage
$420,000
Outstanding Balance
$395,213
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$242,769

Purchase Details

Closed on
Oct 1, 2021
Sold by
Sallee Darrell F and Sallee Martha D
Bought by
Cline Rodney Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2019
Sold by
Sallee Darrell F and Sallee Martha D
Bought by
Sallee Darrell F and Sallee Martha D

Purchase Details

Closed on
Apr 29, 2016
Sold by
Nokomis Ventures Llc
Bought by
Sallee Darrell F and Sallee Martha D
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
Loch Nicholas G $685,000 None Listed On Document
Cline Rodney Lee $605,000 Attorney
Sallee Darrell F -- Attorney
Sallee Darrell F $439,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loch Nicholas G $420,000
Previous Owner Cline Rodney Lee $508,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $685,000 -2.1% $388 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $699,999 -- $396 / 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 $8,890 $600,300 -- $600,300
2023 $8,890 $584,300 $0 $584,300
2022 $0 $493,900 $0 $493,900
2021 $5,703 $387,145 $0 $0
2020 $5,729 $381,800 $0 $381,800
2019 $5,629 $376,300 $0 $376,300
2018 $6,154 $367,000 $0 $367,000
2017 $6,319 $373,200 $0 $373,200
Source: Public Records

Agents Affiliated with this Home

  • Megan George

    Seller's Agent in 2022

    Megan George

    PREMIER SOTHEBYS INTL REALTY

    (941) 726-1998

    8 in this area

    156 Total Sales

    Megan George
    Section Image
  • Christina Burns

    Buyer's Agent in 2022

    Christina Burns

    EXIT KING REALTY

    (941) 497-6060

    6 in this area

    314 Total Sales

    Christina Burns
    Section Image
  • Lauren Fus

    Buyer Co-Listing Agent in 2022

    Lauren Fus

    EXIT KING REALTY

    (941) 726-8208

    6 in this area

    297 Total Sales

    Lauren Fus
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6119690

Stellar MLS

APN: 0429-03-1026

Florida Sarasota County Venice 34285

401 Nokomis Ave S Unit 526, Venice, FL

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

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