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Sold for $625,000
  • $625,000

    1504 Morgan St, Nokomis, FL 34275

    4beds
    4baths
    2,456sqft
    Duplex, Multi Family
    Built in 2004
    -- sqft lot
    $611,600 Zestimate®
    $254/sqft
    $2,339 Estimated rent

    Home value

    $611,600

    $575,000 - $648,000

    $2,339/mo

    Zestimate® history
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    What's special

    Open floor plansVaulted ceilingsMinutes from the beachUpdated kitchensNewer roofNewer ac unitsGreat outdoor space
    If you're looking for a great investment property to add to your portfolio, this is it. Impeccable duplex in a wonderful location, minutes from the beach, restaurant and shopping. This unit includes a newer roof and insulation, newer AC units and water heaters. All utilities are paid by tenants, existing leases have 9 months left on them. Vaulted ceilings, open floor plans, updated kitchens and floors throughout. W/D in each unit. Great outdoor space with patio and 2 garages. Plenty of parking space. This duplex has it all. No need to spend any money on it, just close and start collecting rent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Trapani, Jr 941-223-0546,

    FINE PROPERTIES 941-782-0000,

    Pierre Shaheen 954-907-7648,

    FINE PROPERTIES

    Bought with:

    Anthony Almengual, 0684697

    BRIGHT REALTY

    Source: Stellar MLS,MLS#: A4567815MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Rooms
    • Room types: Great Room
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside
    Features
    • Ceiling Fan(s), Crown Molding, Open Floorplan
    • Flooring: Ceramic Tile, Laminate
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 3,368
    • Total interior livable area: 2,456 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.27 Acres
    Details
    • Parcel number: 0165040040
    • Zoning: RMF2
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Block, Stucco
    • Foundation: Block
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: LAUREL VILLA
    HOA
    • Has HOA: No
    Location
    • Region: Nokomis

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $533,300
    • Annual tax amount: $5,289
    • Date on market: 4/20/2023
    • Cumulative days on market: 109 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 3900
    • Tenant pays: Electricity, Sewer, Trash Collection, Water
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/7/2023Sold$625,000-7.4%$254/sqft
    Source: Stellar MLS #A4567815 Report a problem
    8/7/2023Pending sale$675,000$275/sqft
    Source: Stellar MLS #A4567815 Report a problem
    4/20/2023Price change$675,000-3.4%$275/sqft
    Source: Stellar MLS #A4567815 Report a problem
    1/26/2023Price change$699,000-0.9%$285/sqft
    Source: Owner Report a problem
    1/10/2023Listed for sale$705,000+6%$287/sqft
    Source: Owner Report a problem
    12/29/2022Listing removed--
    Source: Zillow Rentals Report a problem
    12/22/2022Listed for rent$2,050+24.2%$1/sqft
    Source: Zillow Rentals Report a problem
    10/1/2022Listing removed--
    Source: Stellar MLS #A4543869 Report a problem
    9/2/2022Listed for sale$665,000$271/sqft
    Source: Stellar MLS #A4543869 Report a problem
    8/26/2022Pending sale$665,000$271/sqft
    Source: Stellar MLS #A4543869 Report a problem
    8/3/2022Listed for sale$665,000+138.4%$271/sqft
    Source: Stellar MLS #A4543869 Report a problem
    2/1/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/22/2021Price change$1,650-14.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/6/2021Listed for rent$1,926$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/23/2004Sold$279,000$114/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,173 +5.5%$533,300 +0.2%
    2024$6,798 +18.5%$532,300 +40.7%
    2023$5,738 +8.5%$378,270 +10%
    2022$5,290 +18%$343,882 +10%
    2021$4,482 +10.3%$312,620 +10%
    2020$4,064 +4.4%$284,200 +2.7%
    2019$3,894 $276,700 -7.3%
    2018$3,894 -5.5%$298,400 +4.1%
    2017$4,119 +9.5%$286,671 +5.5%
    2016$3,763 $271,700 +2.8%
    2015$3,763 +7.7%$264,400 +35%
    2014$3,496 +14.2%$195,800
    2013$3,060 +9.6%$195,800 +10%
    2012$2,792 +6%$178,000 +5.3%
    2011$2,634 -5.9%$169,100 -4.1%
    2010$2,799 -29%$176,300 -34.3%
    2009$3,944 $268,400 -4.6%
    2008$3,944 -15.7%$281,400 -16.7%
    2007$4,678 $337,800 +0.9%
    2006-- $334,700 +6.9%
    2005-- $313,200 +530.2%
    2004$774 +24.3%$49,700 +30.4%
    2003$623 +66.1%$38,100 +71.6%
    2002$375 $22,200
    Find assessor info on the county website

    Neighborhood: 34275

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $611,600
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    Estimated market value
    $611,600