NOT LISTED FOR SALE

1022 Somerset St Port Charlotte, FL 33952

Estimated Value: $22,000 - $381,000

0.33 Acre
$352,406 Price per Acre
14,375 Sq Ft Lot

Last Sold February 14, 2024

Last sale price $25,000

Est. 365% increase in value since last sale

Current estimated payment $663/month

70 Days on Market

About This Lot

As of February 2024

NICE OVER SIZE CORNER LOT located in a fast growing area of Port Charlotte and just minutes to all of amenities. This property is perfect for your Florida dream home with public water and electric. If you want to built we can introduce you to reputable local builder. Close to The Charlotte Sports Park, The Tampa Bay Ray Spring Training, Historic Downtown Punta Gorda, and Fisherman's Village.

Last Agent to Sell the Property

Linh Pham

NEXTHOME EXCELLENCE Brokerage Phone: 941-893-4505 License #3437743 Listed on: 10/23/2023

NEXTHOME EXCELLENCE

Last Buyer's Agent

Rachna Poyhanya

CHARLES RUTENBERG REALTY INC License #3549451

CHARLES RUTENBERG REALTY INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $435

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115 x 125
  • Property is zoned RSF3.5

Schools

  • Liberty Elementary School
  • Port Charlotte Middle School
  • Port Charlotte High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Charlotte Community
  • Port Charlotte Sec 026 Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 816
  • Assessor Parcel Number 402209202001

Property Details

Property Type

Land

Est. Annual Taxes

$435

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14372
  • Directions to Property: Corner lot on Peachland Blvd and Somerset St.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 211357877
  • RATIO Current Price By Calculate: 1.74
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-893-4505
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1022

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0063F
  • Price Per Acre: 75758

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Liberty Elementary
  • High School: Port Charlotte High
  • Middle Or Junior School: Port Charlotte Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402209202001
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 115 X 125
  • Flood Zone Code: X
  • Lot Size Square Meters: 1335

Tax Info

  • Tax Annual Amount: 435
  • Tax Block: 816
  • Tax Book Number: 1-29
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2023
Closed on
Feb 14, 2024
Sold by
Pham Trang Thi
Bought by
Danh Richard
Seller's Agent
Linh Pham
NEXTHOME EXCELLENCE
Buyer's Agent
Rachna Poyhanya
CHARLES RUTENBERG REALTY INC
List Price
$25,000
Sold Price
$25,000
Views
15
Current Estimated Value
$116,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,294
Avg. Annual Appreciation
149.68%

Purchase Details

Listed on
Nov 1, 2021
Closed on
Mar 14, 2022
Sold by
Opportunities Real Estate Fund Lllp
Bought by
Pham Trang Thi
Seller's Agent
Sarra Ezzagaghi
GLOBAL CONTACT REALTY, INC
Buyer's Agent
Linh Pham
NEXTHOME EXCELLENCE
List Price
$24,900
Sold Price
$21,000
Premium/Discount to List
-$3,900
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Apr 29, 2010
Sold by
Meer Development Llc
Bought by
Oppurtinities Real Estate Fund

Purchase Details

Closed on
Mar 2, 2007
Sold by
Construction Compliance Inc
Bought by
Meer Development Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Staley William A and Staley Tellena M
Bought by
Construction Compliance Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Danh Richard $25,000 None Listed On Document
Pham Trang Thi $21,000 First International Title
Oppurtinities Real Estate Fund $12,000 Stewart Title Company
Meer Development Llc $18,400 Suncoast One Title Inc
Construction Compliance Inc $55,900 Suncoast One Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2024 02/14/24 Sold $25,000 0.0% --
01/02/2024 01/02/24 Pending -- -- --
10/23/2023 10/23/23 For Sale $25,000 +19.0% --
03/15/2022 03/15/22 Sold $21,000 -12.1% -- View Prior Sale
02/26/2022 02/26/22 Pending -- -- --
02/09/2022 02/09/22 Price Changed $23,900 -2.4% --
11/06/2021 11/06/21 Price Changed $24,500 -1.6% --
10/31/2021 10/31/21 For Sale $24,900 -- --
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
2023 $555 $15,300 $15,300 $0
2022 $435 $12,750 $12,750 $0
2021 $385 $5,355 $5,355 $0
2020 $366 $4,505 $4,505 $0
2019 $367 $4,675 $4,675 $0
2018 $354 $4,250 $4,250 $0
2017 $379 $6,113 $6,113 $0
2016 $374 $5,249 $0 $0
2015 $368 $4,772 $0 $0
2014 $358 $4,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4586750

Stellar MLS

APN: 402209202001