NOT LISTED FOR SALE

701 Sorrento Inlet Unit 701 Nokomis, FL 34275

Estimated Value: $303,910 - $407,000

2 Beds
2 Baths
1,429 Sq Ft
$441/mo HOA Fee

Last Sold December 09, 2020

Last sale price $215,000 $150 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,651/month

68 Days on Market

Highlights

  • Waterfront Community
  • Access To Marina
  • End Unit
  • Laurel Nokomis School Rated A-
  • Park or Greenbelt View
  • Community Pool

About This Home

As of December 2020

End Unit centrally located to the pool, boat docks and tennis courts. The boat dock can be leased for a reasonable fee $40 for the smaller slips and $60 for the larger slips. The canal leads out to the intracoastal waterway with no fixed bridges on the short ride to the Gulf of Mexico. Oversized garage with a storage closet. The master bathroom has a new shower stall and toilet. The 2nd bathroom has a new vanity, shower stall and toilet. The Florida room is airconditioned and features sliding glass doors and honeycomb blinds that block the heat and light or can be opened to let natural light in. Located west of US 41. You can go the beach, restaurants, grocery shopping, etc. without ever getting on US 41. Easy access to I-75. Located just 4 miles north of downtown Venice and 6 miles south of Sarasota.

Last Agent to Sell the Property

Hansel Pitts

COLDWELL BANKER SARASOTA CENT. License #544244 Listed on: 09/17/2020

COLDWELL BANKER SARASOTA CENT.

Co-Listed By

Greg Pitts

COLDWELL BANKER SARASOTA CENT. License #3282805

Last Buyer's Agent

Marilyn Tibball

License #3150944

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1982

Lot Details

  • End Unit
  • East Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Park or Greenbelt Views

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Marina
  • No Fixed Bridges
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Rip-Rap
  • Open Dock
  • Enclosed patio or porch

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

  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, insurance, maintenance structure, ground maintenance, pest control, pool maintenance, private road
  • Frank Metheny Association, Phone Number (941) 374-3131
  • Sorrento Inlet Community
  • Sorrento Inlet Ph 4 Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,300

Year Built

Built in 1982

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Private Road
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1429
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1949
  • Directions to Property: If driving north in Nokomis north of 681 Overpass, go west on Bayshore Rd to second right into Sorrento Inlet. Take first right (east) then left (North). If driving south on US 41, turn into Sorrento Inlet from US 41 then immediately turn right (north). 701 is the first one on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6111794?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6111794?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: End Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94714
  • Price per Sq Ft: 150.45
  • Close to Original List Price Ratio: 0.90717
  • Ratio: Current Price\Building Area Total: 110.31
  • View: Yes
  • Co List Office Mls Id: 281502460
  • Co List Office Phone: 941-487-5600
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 701
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch
  • Road Surface Type: Asphalt
  • Water Access: Canal - Saltwater, Marina
  • Water Extras: Bridges - No Fixed Bridges, Dock - Open, Dock - Slip 1st Come, Riprap
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

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 Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee Frequency: Quarterly
  • Association Name: Frank Metheny
  • Phone: 941-374-3131
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 1323
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 441
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5292
  • Total Monthly Fees: 441

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0161161001
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 20
  • Minimum Lease: 3 Months
  • Approval Process: Make application through the association.
  • Num Timesper Year: 2
  • Pet Restrictions: Only one dog and one cat or two cats are allowed per unit.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenant Approval Required

Tax Info

  • Tax Annual Amount: 1300
  • Tax Book Number: 1388-558
  • Tax Lot: 701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Sharp Dan M and Sharp Kathleen A
Bought by
Janssen James R and Janssen Mary C
Current Estimated Value
$370,268

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 9, 2020
Sold by
Griffin Rickey
Bought by
Sharp Dan M and Sharp Kathleen A
Seller's Agent
Hansel Pitts
COLDWELL BANKER SARASOTA CENT.
Buyer's Agent
Marilyn Tibball
List Price
$237,000
Sold Price
$215,000
Premium/Discount to List
-$22,000
-9.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
May 19, 2017
Sold by
Tibbits Ralph David and Griffin Rickey
Bought by
Tibbits Ralph D and Griffin Rickey

Purchase Details

Closed on
May 1, 2017
Bought by
Tibbitts Ralph D

Purchase Details

Closed on
May 25, 1999
Sold by
Tibbitts Ralph David and Fahey Charles
Bought by
Tibbitts Ralph David and Griffin Rickey
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
Janssen James R $375,000 --
Sharp Dan M $215,000 Msc Title Inc
Tibbits Ralph D -- Attorney
Tibbitts Ralph D $100 --
Tibbitts Ralph David -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2020 12/09/20 Sold $215,000 -5.3% $150 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/16/2020 11/16/20 Price Changed $227,000 -4.2% $159 / Sq Ft
09/17/2020 09/17/20 For Sale $237,000 -- $166 / 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 $1,974 $243,600 -- $243,600
2023 $1,974 $181,944 $0 $0
2022 $1,926 $176,645 $0 $0
2021 $1,905 $171,500 $0 $171,500
2020 $246 $127,525 $0 $0
2019 $220 $124,658 $0 $0
2018 $197 $122,334 $0 $0
2017 $197 $119,818 $0 $0
2016 $197 $140,600 $0 $140,600
2015 $197 $141,500 $0 $141,500
2014 $197 $113,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hansel Pitts

    Seller's Agent in 2020

    Hansel Pitts

    COLDWELL BANKER SARASOTA CENT.

    (941) 966-3602

    11 in this area

    28 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Greg Pitts

    COLDWELL BANKER SARASOTA CENT.

    (310) 962-4855

    8 in this area

    23 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Marilyn Tibball

    Section Image
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Map

Source: Stellar MLS

MLS Number: N6111794

Stellar MLS

APN: 0161-16-1001

Florida Sarasota County Nokomis 34275

701 Sorrento Inlet Unit 701, Nokomis, FL

This home is located at 701 Sorrento Inlet Unit 701, Nokomis, FL 34275 since 17 September 2020 and is currently estimated at $357,978, approximately $250 per square foot. This property was built in 1982. 701 Sorrento Inlet Unit 701 is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and European Academy of Early Education.

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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