NOT LISTED FOR SALE

42 Inlets Blvd Unit 42 Nokomis, FL 34275

Estimated Value: $418,663 - $520,000

2 Beds
2 Baths
1,427 Sq Ft
$320/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $501,500 $351 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,327/month

1 Day on Market

Highlights

  • Fitness Center
  • Gated Community
  • Wood Flooring
  • Laurel Nokomis School Rated A-
  • Pond View
  • Stone Countertops

About This Home

As of October 2022

Rarely available and highly desirable, 2 Bedroom/2 Bath single family home, west of US 41, in gated, waterfront community with resort amenities. This beautiful home sits on a quiet cul-de-sac. It has been updated and renovated offering an open floor plan, expansive kitchen, wood cabinets, granite countertops, lots of natural light, luxury hand-scraped hardwood flooring, new carpet in both bedrooms, new roof (2 years), new HVAC (1 year), new hot water heater with recirculation pump (2 years), new dishwater. Enjoy your morning coffee inside your screened lanai overlooking a shared community pond attracting beautiful birds and waterfowl throughout the year. This home boasts abundant landscaping with the front flanked by two mature "Shady Lady" Olive trees and the backyard gives a Tropical and "English Garden" feel.. The Inlets provide homeowners the ultimate Florida Lifestyle with its community clubhouse, pool, spa, fitness center, library, tennis, pickleball and many planned activities. Your HOA includes lawncare, irrigation, internet and cable television, plus a storage lot for your boat or RV (as available). Walk or ride your bike to the beach or dine at local waterfront restaurants...only 1 mile away!! The Legacy Trail, several golf courses, Historic Downtown Venice, shopping, Theater and Performing Arts Center are just 10 minutes away. Pack your bags and Welcome to Paradise!!

Last Agent to Sell the Property

Bill Cantrell

FLORIDA HOME TEAM LLC License #3311094 Listed on: 09/16/2022

Last Buyer's Agent

Mitchell Roberts

PARADISE REALTY OF VENICE INC License #3508897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1983

Lot Details

  • 7,470 Sq Ft Lot
  • West Facing Home
  • Irrigation
  • Property is zoned RSF2

HOA Fees

  • $488 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Pond Views

Kitchen

  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, pool, maintenance structure, ground maintenance, private road
  • Joan Reilly Association, Phone Number (941) 488-2951
  • Visit Association Website
  • Inlets Community
  • Inlets Sec 02 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1983

Lot Details

0

HOA Fees

$488 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Pool, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1427
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 7470
  • Directions to Property: US Hwy 41, one mile south of Laurel Road. Turn right into Inlets Community. Once through gate, turn left on second street after clubhouse/tennis courts. Street will split...veer left, house on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047124
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 351.44
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 42
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 132.57
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Golf Carts OK, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Fee: 488
  • Association Fee Frequency: Monthly
  • Association Name: Joan Reilly
  • Phone: 941-488-2951
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: No more than (2) pets....not to exceed 40 pounds per animal.
  • Association Fee Requirement: Required
  • Max Pet Weight: 40
  • Association Email: reillyjo@juno.com
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.theinlets-nokomis.com

Fee Information

  • Total Annual Fees: 5856.00
  • Total Monthly Fees: 488.00
  • Monthly HOA Amount: 488.00

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0171031042
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Lot Size Square Meters: 694

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to confirm lease restrictions....See HOA Rules & Regulations.

Tax Info

  • Tax Annual Amount: 2438.4
  • Tax Book Number: 1597-1577
  • Tax Lot: 42

Multi Family

  • Approval Process: Application to be filled out prior to interview.....Application Fee is required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 17, 2022
Sold by
Dempsey Terrence J and Dempsey Joan M
Bought by
Joseph A Frustaci Revocable Living Trust
Seller's Agent
Bill Cantrell
FLORIDA HOME TEAM LLC
Buyer's Agent
Mitchell Roberts
PARADISE REALTY OF VENICE INC
List Price
$469,000
Sold Price
$501,500
Premium/Discount to List
$32,500
6.93%
Views
4
Current Estimated Value
$456,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,584
Avg. Annual Appreciation
-3.11%

Purchase Details

Listed on
Jul 18, 2020
Closed on
Sep 8, 2020
Sold by
Raleigh John J and Raleigh Dorothy C
Bought by
Dempsey Terrence J and Dempsey Joan M
Seller's Agent
Andrew Pepper
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Marilyn Tibball
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.49%
Original Mortgage
$198,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Davis Mary Dawn
Bought by
Raleigh John J and Raleigh Dorothy C
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
Joseph A Frustaci Revocable Living Trust $501,500 First International Title
Dempsey Terrence J $265,000 Msc Title
Raleigh John J $90,000 Horizon Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dempsey Terrence J $198,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $501,500 +6.9% $351 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $469,000 +77.0% $329 / Sq Ft
09/09/2020 09/09/20 Sold $265,000 +2.3% $188 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $259,000 -- $183 / 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 $4,990 $392,800 -- $392,800
2023 $4,990 $404,200 $0 $404,200
2022 $2,500 $231,162 $0 $0
2021 $2,438 $215,400 $0 $215,400
2020 $1,650 $148,793 $0 $0
2019 $1,577 $145,448 $0 $0
2018 $1,525 $142,736 $0 $0
2017 $1,513 $139,800 $0 $0
2016 $1,505 $220,500 $0 $220,500
2015 $1,530 $146,400 $0 $146,400
2014 $1,522 $132,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4547946

Stellar MLS

APN: 0171-03-1042