NOT LISTED FOR SALE

707 Sorrento Inlet Nokomis, FL 34275

Estimated Value: $326,000 - $404,000

2 Beds
2 Baths
1,429 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $235,000 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,080/month

31 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • 1.59 Acre Lot
  • Laurel Nokomis School Rated A-
  • Tennis Courts
  • Sun or Florida Room

About This Home

As of February 2021

Updated, maintenance-free villa in the west-of-the-trail community of Sorrento Inlet. Beautiful kitchen and lots of upgrades like crown molding. This villa comes complete with an oversized garage with build-in storage, and a large glassed in air conditioned/heated lanai with hurricane shutters and sliding glass door entrances from both bedrooms. The living areas face a quiet court yard with shuffleboard courts and a lovely little gazebo. The community has a heated pool, tennis courts, and boat docks. This is a great location with easy access to 41. It s close to shopping and to the beach.

Last Buyer's Agent

Christine Spelman

ENGEL + VOELKERS SARASOTA License #3262429

ENGEL + VOELKERS SARASOTA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1982

Lot Details

  • 1.59 Acre Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Villa
  • Property Attached
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Tennis Courts

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 707
  • Assessor Parcel Number 0161161007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance exterior, ground maintenance, pest control, recreational facilities
  • Tia Hamlin Association, Phone Number (631) 897-2878
  • Sorrento Inlet Community
  • Sorrento Inlet Ph 6 Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,033

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Exterior, Maintenance Grounds, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block, Stucco
  • Living Area: 1429.00
  • Lot Size Acres: 1.59
  • Year Built: 1982
  • Building Area Total: 1999.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6112905?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6112905?w=Customer
  • Lot Size Sq Ft: 69280
  • Building Search Sq Meters: 185.71
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6112905?w=PubMLS
  • Directions to Property: From 41 just north of the 681 overpass turn west at Bayshore Drive. Take second right onto to Sorrento Inlet and follow the numbers around to 707. No sign
  • Escrow State: FL
  • List Office Head Office Key Nume: 132218673
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 132.76
  • Street Number Modifier: 707

Exterior Features

  • Direction Faces: East
  • Exterior Features: Tennis Court(s)
  • Roof: Tile
  • Flood Zone Code: AE
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Sorrento Inlet
  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts, Water Access, Waterfront
  • Building Name Number: 707
  • Condo Fees: 1228
  • Condo Fees Term: Quarterly
  • Monthly Condo Fee Amount: 409
  • Pet Size: Small (16-35 Lbs.)
  • Association Approval Required: Yes
  • Association Name: Tia Hamlin
  • Phone: 631-897-2878
  • Association: Yes

Fee Information

  • Total Annual Fees: 4912.00
  • Total Monthly Fees: 409.33

Schools

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

Lot Info

  • Zoning: RMF2
  • Parcel Number: 0161161007
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 6436

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: Contact the manager
  • Lease Restrictions: Yes
  • Pets Allowed: Size Limit

Multi Family

  • Approval Process: Contact the manager

Tax Info

  • Tax Annual Amount: 2032.99
  • Tax Book Number: 1388-558
  • Tax Lot: 707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 26, 2021
Sold by
Mcculloch James B and Mc Culloch Dawn
Bought by
Gerathy Sean and Gerathy Kristi
Buyer's Agent
Christine Spelman
ENGEL + VOELKERS SARASOTA
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$347,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,582
Avg. Annual Appreciation
8.96%
Original Mortgage
$170,000
Outstanding Balance
$152,739
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$194,843

Purchase Details

Listed on
Jun 27, 2017
Closed on
May 18, 2018
Sold by
Rose Diane
Bought by
Mcculloch James B and Mcculloch Dawn M
Seller's Agent
H. Lauden Pitts
Buyer's Agent
Jovan Djokic
RESULTS REALTY GROUP LLC
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$148,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Hunt Thelma A and Hunt James J
Bought by
Rose Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2000
Sold by
Pitts H Lauden and Pitts Carolyn K
Bought by
Hunt James J and Hunt Thelma A

Purchase Details

Closed on
Jul 29, 1999
Sold by
Kane Judy Ann
Bought by
Pitts H Lauden and Pitts Carolyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 7, 1994
Sold by
Martinelli Joseph and Martinelli Dolores
Bought by
Cather Donald 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
Gerathy Sean $235,000 Sunbelt Title Agency
Mcculloch James B $175,000 Cermo Title Services Llc
Rose Diane $255,000 First American Title Ins Co
Hunt James J $120,000 --
Pitts H Lauden -- --
Kane Judy Ann -- --
Pitts H Lauden $96,500 --
Kane Judy Ann -- --
Cather Donald W $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerathy Sean $170,000
Previous Owner Mcculloch James B $148,750
Previous Owner Rose Diane $162,000
Previous Owner Kane Judy Ann $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $235,000 0.0% $164 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
01/04/2021 01/04/21 Off Market $235,000 -- --
01/02/2021 01/02/21 Price Changed $235,000 -2.1% $164 / Sq Ft
12/04/2020 12/04/20 For Sale $240,000 +37.1% $168 / Sq Ft
05/18/2018 05/18/18 Sold $175,000 -2.8% $122 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $180,000 0.0% $126 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
02/14/2018 02/14/18 Price Changed $180,000 -2.7% $126 / Sq Ft
02/08/2018 02/08/18 Price Changed $185,000 -2.6% $129 / Sq Ft
01/31/2018 01/31/18 Price Changed $190,000 -3.8% $133 / Sq Ft
01/25/2018 01/25/18 Price Changed $197,500 -0.8% $138 / Sq Ft
12/04/2017 12/04/17 Price Changed $199,000 -4.8% $139 / Sq Ft
11/24/2017 11/24/17 Price Changed $209,000 -5.0% $146 / Sq Ft
11/07/2017 11/07/17 Price Changed $219,900 -2.7% $154 / Sq Ft
10/18/2017 10/18/17 Price Changed $225,900 -1.7% $158 / Sq Ft
08/26/2017 08/26/17 Price Changed $229,900 -2.1% $161 / Sq Ft
08/02/2017 08/02/17 Price Changed $234,900 -2.1% $164 / Sq Ft
06/27/2017 06/27/17 For Sale $239,900 -- $168 / 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 $2,730 $249,500 -- $249,500
2023 $2,730 $246,900 $0 $246,900
2022 $2,738 $244,300 $0 $244,300
2021 $2,321 $179,800 $0 $179,800
2020 $2,033 $144,200 $0 $144,200
2019 $1,817 $127,900 $0 $127,900
2018 $1,242 $119,057 $0 $0
2017 $1,231 $116,608 $0 $0
2016 $1,223 $154,800 $0 $154,800
2015 $1,243 $156,200 $0 $156,200
2014 $1,235 $110,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6112905

Stellar MLS

APN: 0161-16-1007