NOT LISTED FOR SALE

720 Old Albee Farm Rd Nokomis, FL 34275

Estimated Value: $201,000 - $263,000

3 Beds
1 Bath
800 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $195,000 $244 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,547/month

55 Days on Market

Highlights

  • Oak Trees
  • 0.83 Acre Lot
  • Outdoor Shower
  • Laurel Nokomis School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of December 2021

Motivated seller.
Quiet and peaceful old Florida-style country living! This is your opportunity to build your dream home on almost an acre lot that is fully fenced and surrounded by mature oak trees offering peaceful shade. You will immediately feel the Southern Living vibes and outdoor lifestyle. You will notice a three-bedroom home that should be considered a tear down to make way for a new build. Come live in a quiet, park-like setting that has so much to offer with close proximity to the brand new SMH hospital due to open this fall. Fantastic A-rated schools within a short distance, and a quick drive to white sand Gulf Coast beaches - there is even a popular dog beach close by. Sarasota is known for it's entertainment, dining, and culture, and you are minutes from historic downtown Venice.

Plenty of land to store your boat so bring it along and launch from Loretta Court boat ramp where you can go fishing in the bay or head to the beautiful turquoise waters of the Gulf of Mexico or bring your kayaks and head to Myakka River State park.

Love to grow your own produce then this could be a perfect place, with all year-round home-grown herbs, fruits and vegetables.
No HOA or CDD so no monthly fees.

Last Agent to Sell the Property

Jayne Appleyard

EXP REALTY LLC License #3477122 Listed on: 09/17/2021

EXP REALTY LLC

Last Buyer's Agent

Jayne Appleyard

EXP REALTY LLC License #3477122 Listed on: 09/17/2021

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 1957

Lot Details

  • 0.83 Acre Lot
  • West Facing Home
  • Wood Fence
  • Oak Trees
  • Property is zoned OUE

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Pool

  • Outdoor Shower

Schools

  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Not Part Of A Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,085

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 800
  • Lot Size Acres: 0.83
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 36340
  • Directions to Property: From US 41, Turn right onto U.S. 41 Bypass N/Venice Bypass Turn left onto Albee Farm Rd, Turn right onto Robbins Rd Turn left onto Old Albee Farm Rd From I75 take exit 195, head to Laurel/Nokomis, turn left on to Old Albee farm road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511184?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511184?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.76471
  • Price per Sq Ft: 243.75
  • Close to Original List Price Ratio: 0.65502
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 720
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced, Outdoor Shower
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: OUE
  • Parcel Number: 0385110001
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1085.35
  • Tax Block: TH
  • Tax Lot: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 17, 2021
Sold by
Negele Susan I and Merenda Michael J
Bought by
Sullivan Gerarde and Sullivan Nicole
Seller's Agent
Jayne Appleyard
EXP REALTY LLC
Buyer's Agent
Jayne Appleyard
EXP REALTY LLC
List Price
$297,700
Sold Price
$195,000
Premium/Discount to List
-$102,700
-34.5%
Total Days on Market
55
Current Estimated Value
$234,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,218
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Baxley Elizabeth Marie
Bought by
Negele Susan I
Source: Public Records

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Range of Values:

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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
Sullivan Gerarde $195,000 Attorney
Negele Susan I $49,999 Stewart Title Company
Baxley Elizabeth Marie -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baxley Elizabeth M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $195,000 -23.5% $244 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/29/2021 10/29/21 Price Changed $255,000 -8.2% $319 / Sq Ft
10/15/2021 10/15/21 Price Changed $277,700 -6.7% $347 / Sq Ft
09/16/2021 09/16/21 For Sale $297,700 -- $372 / 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 $2,788 $188,200 $171,700 $16,500
2023 $2,788 $179,300 $160,100 $19,200
2022 $2,580 $159,500 $139,700 $19,800
2021 $1,098 $50,687 $0 $0
2020 $1,085 $49,987 $0 $0
2019 $1,039 $48,863 $0 $0
2018 $1,001 $47,952 $0 $0
2017 $994 $46,966 $0 $0
2016 $987 $46,000 $36,200 $9,800
2015 $1,005 $48,300 $37,500 $10,800
2014 $1,002 $45,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511184

Stellar MLS

APN: 0385-11-0001