NOT LISTED FOR SALE

1042 Somerset St Port Charlotte, FL 33952

Estimated Value: $274,000 - $353,000

0.34 Acre
$920,297 Price per Acre
14,810 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $12,000

Est. 2,538% increase in value since last sale

Current estimated payment $1,724/month

8 Days on Market

About This Lot

As of February 2021

This oversized corner lot, in an established neighborhood, is close to all amenities in Murdock. With over one-third of an acre, and public water, it could be perfect for your new Florida home with room to spare. Located in an "X" flood zone. No HOA or Deed Restrictions. Check this one out today!

Last Agent to Sell the Property

Phil Van Der Heyden

SOUTH GULF COVE REALTY, INC License #3222304 Listed on: 01/18/2021

Last Buyer's Agent

Richard Fadil

HOLIDAY BUILDERS GULF COAST License #3008295

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 124x125
  • West Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned RSF3.5

Schools

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

Utilities

  • Septic Needed

Community Details

  • Port Charlotte Community
  • Port Charlotte Sec 026 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 824
  • Assessor Parcel Number 402209205001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14666
  • Directions to Property: From US 41 (Tamiami Trail) go North on Cochran Blvd. Right on Peachland Blvd. Cross Forrest Nelson, then take 2nd. Right on Somerset. Cross Tappan Zee, and this is the corner lot on the Left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045775
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1042

Exterior Features

  • Direction Faces: West
  • Flood Zone Code: X
  • Flood Zone Date: 05/05/2003
  • Flood Zone Panel: 12015C0063F
  • Road Surface Type: Asphalt, Paved

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Port Charlotte
  • Pet Restrictions: Domestic Animals Only.
  • Subdivision Section Number: 26

Schools

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

Lot Info

  • Price Per Acre: 35294
  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF3.5
  • Parcel Number: 402209205001
  • Current Use: Residential
  • Lot Features: Corner Lot, Oversized Lot, Street Paved
  • Lot Dimensions: 124X125
  • Lot Size Square Meters: 1363

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 368.00
  • Tax Block: 824
  • Tax Book Number: 1-29
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Holiday Builders Inc
Bought by
Andrescavage Leonard J and Andrescavage Susan Sinamon
Current Estimated Value
$316,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,750
Outstanding Balance
$358,347
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$45,446

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 23, 2021
Sold by
White David
Bought by
Holiday Builders Inc
Seller's Agent
Phil Van Der Heyden
SOUTH GULF COVE REALTY, INC
Buyer's Agent
Richard Fadil
HOLIDAY BUILDERS GULF COAST
List Price
$12,000
Sold Price
$12,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.55%

Purchase Details

Closed on
Feb 14, 2005
Sold by
Jensen Diane L and Saavedra Raul
Bought by
White David R
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
Andrescavage Leonard J $368,800 Hb Title
Holiday Builders Inc $12,000 First International Ttl Inc
White David R $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrescavage Leonard J $368,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $12,000 0.0% --
01/26/2021 01/26/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $12,000 -- --
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 $545 $15,300 $15,300 $0
2022 $505 $12,750 $12,750 $0
2021 $387 $5,355 $5,355 $0
2020 $368 $4,505 $4,505 $0
2019 $369 $4,675 $4,675 $0
2018 $355 $4,250 $4,250 $0
2017 $378 $5,902 $5,902 $0
2016 $372 $5,069 $0 $0
2015 $367 $4,608 $0 $0
2014 $356 $4,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6116036

Stellar MLS

APN: 402209205001