NOT LISTED FOR SALE

505 Sloop Way Unit 505 Nokomis, FL 34275

Laurel Area

Estimated Value: $227,000 - $367,000

2 Beds
2 Baths
1,290 Sq Ft
$226/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2019

Last sale price $179,800 $139 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,325 / mo

3 Days on Market

Highlights

  • 20 Feet of Waterfront
  • Heated In Ground Pool
  • Active Adult
  • Boat Ramp
  • Fishing
  • Lagoon View

About This Home

As of November 2019

Have you ever wanted to live close to the beach? Well, now you can!! Have you ever thought about taking a short walk to the beach? Well, now you can!! Have you ever wished you could ride your bike for a short distance and be on the shores of the Gulf of Mexico? Well, now you can!! Did you ever dream about watching a beautiful sunset while sitting on your lanai, just you and your loving pets, enjoying the surroundings? Well, now you can!! This special 2 bed/2 bath villa has an amazing water view and is priced to sell. It's a 55+ community with 86 units where the HOA fees cover almost everything like a community heated pool, cable TV, ground maintenance, mulching, tree trimming, yearly roof cleaning, pest control, water, sewer and flood insurance just to name a few. This villa has had the air handler and condenser replaced in August 2014. This is a pet friendly community that is 1/2 mile from beautiful Nokomis Beach and less than 3 miles to downtown Venice shops and restaurants. All it needs is the right buyer to add their personal touches to make it a home.

Last Agent to Sell the Property

Diane Mahoney

License #3260446 Listed on: 10/06/2019

Co-Listed By

Maia Morrison

License #061974

Last Buyer's Agent

Neil Witts

FINE PROPERTIES License #3261197

FINE PROPERTIES

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1969

Lot Details

  • 10,890 Sq Ft Lot
  • 20 Feet of Waterfront
  • Property fronts a saltwater canal
  • East Facing Home
  • Property is zoned RMF1

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,290 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Lagoon Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Seawall
  • Dock made with Composite Material
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • Keys Caldwell Management Association, Phone Number (941) 408-8293
  • Visit Association Website
  • Fairwinds Village Community
  • Fairwinds Village 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1969

Lot Details

0.25 Acres

HOA Fees

$633 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1290
  • New Construction: No
  • Year Built: 1969
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107343?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6107343?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 8778479522
  • Ratio: Close Price\List Price: 0.95132
  • Price per Sq Ft: 139.38
  • Close to Original List Price Ratio: 0.95132
  • View: Yes
  • Co List Office Mls Id: 284508951
  • Co List Office Phone: 941-929-9090
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Heated, In Ground
  • Exterior Features: Lighting, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Lyons Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Water View: Lagoon
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite, Dock - Slip 1st Come, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12115C0239F
  • Waterfront Frontage: 20
  • Water Frontage Feet Canal Salt: 20
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Boat Ramp, Deed Restrictions, Fishing, No Truck/RV/Motorcycle Parking, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Boat Dock, Laundry, Maintenance, Pool
  • Association Fee: 633
  • Association Fee Frequency: Monthly
  • Association Name: Keys Caldwell Management
  • Phone: 941-408-8293
  • Association: Yes
  • Senior Community: Yes
  • Association Website: kcweb@keys-caldwell.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7596
  • Monthly HOA Fee: 633
  • Total Monthly Fees: 633

Schools

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

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0171061013
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-11-04
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Contact board for interview; $100 fee for application process.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must own unit for 2 yrs prior to leasing.

Tax Info

  • Tax Annual Amount: 1380
  • Tax Book Number: 823-727
  • Tax Lot: 505

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
Nov 12, 2019
Sold by
Bought by
Seller's Agent
Diane Mahoney
Buyer's Agent
Neil Witts
FINE PROPERTIES
List Price
$189,000
Sold Price
$179,800
Premium/Discount to List
-$9,200
-4.87%
Current Estimated Value
$291,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,950
Avg. Annual Appreciation
7.43%
Original Mortgage
$125,860
Outstanding Balance
$95,802
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$195,948

Purchase Details

Closed on
Oct 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Nokomis, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$179,800 Attorney
$90,000 --
$92,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $125,860
Previous Owner $44,165
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $179,800 -4.9% $139 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
10/06/2019 10/06/19 For Sale $189,000 -- $147 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,071 $78,327
2024 $880 $98,260
2023 $880 $87,631 $0 $0
2022 $897 $86,779 $0 $0
2021 $889 $84,251 $0 $0
2020 $878 $83,088 $0 $0
2019 $1,429 $129,781 $0 $0
2018 $1,380 $127,361 $0 $0
2017 $1,370 $124,741 $0 $0
2016 $1,361 $161,000 $0 $161,000
2015 $1,383 $146,000 $0 $146,000
2014 $1,375 $118,584 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6107343

Stellar MLS

APN: 0171-06-1013

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