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308 Olive Avenue

308 Olive Avenue, Nokomis, FL 34275
Sold Dec 20, 2006
$55,200
$87,050 by Publix Employees Fcu
Mortgage Due Jan 01, 2037
Local assessors in Nokomis, FL have categorized 308 Olive Avenue as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 16,254 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 Olive Avenue has a total of 1,020 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. The building has a shed style roof that was made of metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 12, 2006 for $55,200. That's $54.12 per sqft. 308 Olive Avenue was last assessed in 2023. The total value of the property was assessed at $77,458. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,098. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: E
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Shed
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 16,254
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: NOKOMIS MANOR NATURES PARK
  • Land Acres: 0.373
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 113 125 & 126 NOKOMIS MANOR NATURES PARK

Ownership

  • Current Owner : BUTTS MARGARET L
  • Previous Owner : BUTTS RANDAL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: L009 A055 G054
  • Census Tract: 002714

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: 38C
  • Account Number: 0403040033
  • Subdivision Tract Number: 532
  • Parcel: 0403-04-0033
  • Lot: 113
  • Meridian: SEC 05 TWN 39S RNG 19E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1219
  • Longitude: -82.4325

    Address

  • Full Address: 308 Olive Ave
  • Address - House Number: 308
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Nokomis
  • Carrier Code: R013
  • 4-Digit Zip Code: 2934
  • Zip Code: 34275

Valuation

    Tax

  • Total Area: 1,930
  • Tax Year: 2023
  • Tax Amount: $1,098
  • Tax Rate Code Area: 0900

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 215,231
  • High Value: 253,004
  • Low Value: 177,458

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,050
  • First Open Lien Mortgage Lender: PUBLIX EMPLOYEES FCU
  • First Open Lien Mortgage Recording Date: Dec 20, 2006
  • First Open Lien Mortgage Loan Amount: $87,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Market Valuation

  • Market Total Value: $123,100
  • Market Land Value: $68,000
  • Market Improvement Value: $55,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,458

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2006
  • Current Sale Recording Date: Dec 20, 2006
  • Current Sale Transaction ID: 1071245821
  • Current Sale Price: $55,200
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2006222078

    Last Sale Mortgage

  • First Mortgage Lender: PUBLIX EMPLOYEES FCU
  • First Mortgage Transaction Date: Dec 20, 2006
  • First Mortgage Loan Amount: $87,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2037

About Nokomis Manor Natures Park



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Frequently Asked Questions

What neighborhood is 308 Olive Avenue located in?
The 308 Olive Avenue is a located in the neighborhood of Nokomis Manor Natures Park in Nokomis Manor Natures Park, Nokomis.
What is the average sales price for listings in 308 Olive Avenue?
The average sales price for units in 308 Olive Avenue is $0 currently.

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