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502 Laurel Road

502 Laurel Road, Nokomis, FL 34275
Property in Laurel Grove
Sold Jul 16, 2018
$152,000
$114,000 by Visio Financial Services Inc
Mortgage Due Aug 01, 2048
Sold Dec 22, 2016
$141,000
$138,446 by Pnc Mortgage Llc
Mortgage Due Jan 01, 2047
502 Laurel Road in Nokomis, FL was first built in 1998 and is 26 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 502 Laurel Road has 1,028 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,440. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 307 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 502 Laurel Road sold most recently in Jul 9, 2018 for a total of $152,000. If you work out the math, that's approximately a cost of $113.86 per sqft. Before that, the property was also sold for $141,000 in Dec 19, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,024 in taxes each year. 502 Laurel Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $290,700. If we break it down further, the land itself was valued at $60,600. Improvements to the property, however, were assessed at a total of $230,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 307
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,335
  • Gross Building Area: 1,335
  • Building Area: 1,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAUREL GROVE
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK A LESS R/W FOR LAUREL RD DESC IN OR 2044/2131 LAUREL GROVE

Ownership

  • Current Owner : MANES JUAN F
  • Current Owner 2: MANES MARIA D
  • Previous Owner : GILL LILLIAN
  • Owner Before Previous Owner: JIRAKOVA ANDREA

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 G054 W056
  • Census Tract: 002203

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 32E
  • Account Number: 0170010009
  • Subdivision Tract Number: 590
  • Parcel: 0170-01-0009
  • Block: A
  • Lot: 5
  • Meridian: SEC 36 TWN 38S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.1381
  • Longitude: -82.4503

    Address

  • Full Address: 502 Laurel Rd E
  • Address - House Number: 502
  • Street Segment Direction: E
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Nokomis
  • Carrier Code: R015
  • 4-Digit Zip Code: 5242
  • Zip Code: 34275

Valuation

    Tax

  • Total Area: 1,365
  • Tax Year: 2023
  • Tax Amount: $3,024
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 329,921
  • High Value: 399,508
  • Low Value: 260,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,000
  • First Open Lien Mortgage Lender: VISIO FINANCIAL SERVICES INC
  • First Open Lien Mortgage Recording Date: Jul 16, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $114,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $290,700
  • Market Land Value: $60,600
  • Market Improvement Value: $230,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,700
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $230,100

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Transaction ID: 11481862847
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018093982
  • Previous Sale Recording Date: Dec 22, 2016
  • Previous Sale Contract Date: Dec 19, 2016
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VISIO FINANCIAL SERVICES INC
  • First Mortgage Transaction Date: Jul 16, 2018
  • First Mortgage Loan Amount: $114,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PNC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 22, 2016
  • Previous Mortgage Loan Amount: $138,446
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Laurel Grove



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Frequently Asked Questions

What neighborhood is 502 Laurel Road located in?
The 502 Laurel Road is a located in the neighborhood of Laurel Grove in Laurel Grove, Nokomis.
What is the average sales price for listings in 502 Laurel Road?
The average sales price for units in 502 Laurel Road is $0 currently.

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