NOT LISTED FOR SALE

517 Palm Ave Nokomis, FL 34275

Estimated Value: $400,000 - $506,000

3 Beds
2 Baths
1,328 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $233,000 $175 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,677/month

4 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • Deck
  • Laurel Nokomis School Rated A-
  • Screened Pool
  • Ranch Style House

About This Home

As of December 2014

A wonderful pool home in the desirable beachfront community of Bay Point is ready for new owners. This home is located 1.5 miles from one of Sarasota's most beautiful beaches, Nokomis Beach. Lyons Bay Park is just across the street and offers access to Lions Bay, Dona Bay and the Gulf of Mexico. You may be able to launch a kayak or canoe here, or just enjoy some peaceful moments among the waters edge with the Gulf breezes, and perhaps take in the evening sunset. There are many possibilities in this one owner, immaculate, well-cared for home that has been updated, but still has much of its original charm, as does the entire neighborhood. The home would be a great permanent residence, second home, or even an investment property. Imagine morning strolls along the shell lined shore, brilliant sunsets, dolphins playing in the surf. Within a one mile radius of this home are many opportunities for fun including unique shopping, restaurants, beaches, fishing, golf, and the ever popular Legacy Trail for walking or biking. One can also enjoy the local educational and cultural experiences at the theater, the art center, and the local community centers. This could be your home in paradise.

Last Agent to Sell the Property

Freya Fuller

PREMIER SOTHEBYS INTL REALTY License #3053412 Listed on: 11/13/2014

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Maureen Kelly

ALBERT WOOSTER & COMPANY License #3293908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1961

Lot Details

  • 9,612 Sq Ft Lot
  • Northwest Facing Home
  • Corner Lot
  • Property is zoned RSF3

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,328 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Storage Room
  • Hurricane or Storm Shutters

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Auto Pool Cleaner

Outdoor Features

  • Water Access
  • Deck
  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Nokomis Community
  • Bay Point Corr Of Subdivision

Recreation

  • Boat Ramp
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,273

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1328
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 2056
  • Lot Size Sq Ft: 9612
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 175.45
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave Hood, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Auto Cleaner, In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors, Hurricane Shutters, Outdoor Shower, Satellite Dish
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, In Garage

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Other
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp, Park, Water Access
  • Association Amenities: Park
  • Association: No
  • Senior Community: No
  • Complex Community Name Nccb: BAY POINT
  • Association Fee Requirement: None
  • Subdivision Section Number: 1

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0172130011
  • Additional Parcels: No
  • Lot Features: Corner Lot

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1273
  • Tax Block: 28
  • Tax Book Number: 3-66
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2014
Closed on
Dec 2, 2014
Sold by
Lenari Mary Burris
Bought by
Cilfone Mark and Cilfone Cynthia R
Seller's Agent
Freya Fuller
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Maureen Kelly
ALBERT WOOSTER & COMPANY
List Price
$243,500
Sold Price
$233,000
Premium/Discount to List
-$10,500
-4.31%
Current Estimated Value
$436,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,872
Avg. Annual Appreciation
5.93%
Original Mortgage
$186,000
Interest Rate
3.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 8, 2014
Sold by
Burris James W and Burris Maria
Bought by
Burris James W
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
Cilfone Mark $233,000 Attorney
Burris James W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cilfone Mark $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $233,000 -- --
12/02/2014 12/02/14 Sold $233,000 -4.3% $175 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $243,500 -- $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 $4,632 $331,100 $147,800 $183,300
2023 $4,632 $368,200 $168,600 $199,600
2022 $4,222 $318,100 $149,000 $169,100
2021 $3,713 $251,400 $110,900 $140,500
2020 $3,560 $234,700 $106,500 $128,200
2019 $3,588 $240,200 $109,000 $131,200
2018 $3,410 $230,000 $86,600 $143,400
2017 $3,028 $191,510 $0 $0
2016 $2,825 $174,100 $55,000 $119,100
2015 $2,696 $159,800 $54,700 $105,100
2014 $1,271 $87,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Freya Fuller

    PREMIER SOTHEBYS INTL REALTY

    (941) 223-1644

    17 Total Sales

    Freya Fuller
    Section Image
  • Maureen Kelly

    Buyer's Agent in 2014

    Maureen Kelly

    ALBERT WOOSTER & COMPANY

    (941) 350-1220

    2 Total Sales

    Maureen Kelly
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N5901515

Stellar MLS

APN: 0172-13-0011

Florida Sarasota County Nokomis 34275

517 Palm Ave, Nokomis, 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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