When was property at 725 Wallace Street built and last sold?

The property at 725 Wallace Street was built in 1950 and last sold on Sep 1, 2023 for $200,000.

How much is this home worth?

The estimated value of the home located at 725 Wallace Street is $0.

What are some comparable homes to 725 Wallace Street?

There are currently no comparable homes to 725 Wallace Street.

Laurel

34275

725 WALLACE STREET

$200,000

● House - Off Market

725 WALLACE STREET

NOKOMIS, FL 34275

1 Bed

2 Baths

1,560 Ft²

$198,752

RealtyHop Estimate

-0.62%

Since Oct 1, 2023

National-US

Primary Model

About This Property

Multiple Offers Highest and Best Due 4/19/23 by 10:00 am. Major Price Reduction. Seller wants it SOLD!

A RARE OPPORTUNITY! Under 1600 sq. ft. Church with plenty of parking spaces. Could be easily converted back to Single Family

Currently set up as Open Space

2 Baths plus an Office

Great location. Close to Laurel Park and Nokomis Beach.

Unit Size

1,560 Ft²

Days on Market

Land Size

0.25 acres

Price per sqft

$128

Property Type

House

Property Taxes

$12

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Stellar MLS #A4557835)

Price History

Date / Event	Date	Event
Sep 1, 2023	Sold	Premium
Sold
Jan 20, 2023	Listed by FINE PROPERTIES	$200,000
Listed by FINE PROPERTIES

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1975
Building Count: 1
Total Rooms: 1
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 2
Building Condition: 0
Building Quality: 15
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 100
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0
Location Influence Type: 125

Dimensions

Lot Size Square Feet: 10,800

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 1,080
Total Building Area: 1,560
Gross Building Area: 1,560
Building Area: 1,560
Building Area Measurement: R

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,560
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: E
Subdivision: LILLYS SUB
Land Acres: 0000000248
Standard Land Use Code: 9101
County Land Use Code: 7100
State Land Use Code: 071
Legal Description 1: BEG AT SW COR OF LOT 5, LILLYS SUB, TH E 108 FT TH N 100 FT TH W 108 FT TH S 100 FT TO POB, TOGETHER WITH INGRESS/EGRESS ESMTS AS DESC IN ORI 2019074225, 2023136105 & 2023136106

Neighborhood

School District Name: Sarasota County School District

School Tax School District: A055 L057 W056
Census Tract: 002203

Zoning

Zoning: RSF3

Geography

Assessors Map Reference: 33C

Account Number: 0383120022
Subdivision Tract Number: 6714
Parcel: 0383-12-0022
Lot: 5
Meridian: SEC 31 TWN 38S RNG 19E
Municipality: SARASOTA COUNTY
Latitude: 27.1333
Longitude: -82.4494

Address

Full Address: 725 Wallace St

Address - House Number: 725
Address - Street Name: Wallace
Address - Suffix Type: St
State: FL
City Name: Nokomis
Carrier Code: R001
4-Digit Zip Code: 5136
Zip Code: 34275

Valuation

Tax

Total Area: 1,560

Tax Year: 2023
Tax Amount: $12,846
Tax Rate Code Area: 0100

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $147,500

Market Land Value: $36,000
Market Improvement Value: $111,500

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $147,500
Assessed Land Value: $36,000
Assessed Improvements Value: $111,500

Sales

Current Sale Contract Date: Sep 01, 2023

Current Sale Recording Date: Sep 01, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 136299

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Laurel

Stats & Trends

Median Asking:

$459,000

Sale Price/ft²

$265

Below Asking

0.03%

Average Days on Market

Average Home Size

1984 ft²

Average Home Age

35.8 years

Currently For Sale

81 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$1,900 /mo

2 Beds
2 Baths
1,000 ft²

220 Santa Maria Street #138, VENICE, FL, 34285 Listing by Jeremy Myers

Unit for rent at 244 Saint Augustine Avenue, VENICE, FL, 34285

$1,800 /mo

1 Bed
1 Bath
870 ft²

244 Saint Augustine Avenue #104, VENICE, FL, 34285 Listing by Meagan Jones

Unit for rent at 1700 Ranch Road, NOKOMIS, FL, 34275

$1,949 /mo

2 Beds
2 Baths
1,219 ft²

1700 Ranch Road #B36315, NOKOMIS, FL, 34275 Listing by Angelic Tassos

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Beverly Perez
FINE PROPERTIES
Last Updated: 4 years ago
Data Source: Stellar MLS, MLS# A4557835

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

725 WALLACE STREET

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Laurel

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions