NOT LISTED FOR SALE

1230 Spanish Cay Ln Unit A & B Punta Gorda, FL 33950

Punta Gorda Isles Neighborhood

Estimated Value: $458,000 - $657,000

4 Beds
4 Baths
2,040 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $337,000 $165 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,626/month

29 Days on Market

Highlights

  • 93 Feet of Waterfront
  • Dock made with concrete
  • Open Floorplan
  • Sallie Jones Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Canal View

About This Home

As of April 2019

Gulf access two family duplex located in Punta Gorda. Both units are 1,020 square feet and feature 2-bedroom 2-bathroom with fabulous views of the canal and each with its own dock and single car garage. Unit B has been completely remodeled with new wood ceramic flooring and new cordless window shades throughout. Kitchen with new Formica counter-tops, ceramic back-splash to match, refinished cabinets, faucets and light fixtures. Master bedroom with sliders out to the patio, large walk-in closet, full master bath with re glazed bathtub and sink. Guest bedroom is bright and spacious with full guest bath. This unit has also been completely re-painted. Unit A is identical in rooms and sizes and has a tenant already in place. Home exterior re-painted, new outdoor lighting, extended patio blocks and two new docks. Enjoy Fishing direct from the dock in your back yard with excellent views of the waterway. Bring your boat and enjoy quick access out to Charlotte Harbor and the Gulf of Mexico. This property is perfect for investors looking for rental income, but also for a family looking for a spacious and completely remodeled 2 bedroom 2 bathroom property to live in while getting returns from the rental property. Close to historic downtown Punta Gorda, shopping, dining, Fisherman’s Village and Event Center.

Last Agent to Sell the Property

Christopher Grant

GRANT TEAM REAL ESTATE, LLC License #3238094 Listed on: 02/13/2019

GRANT TEAM REAL ESTATE, LLC

Last Buyer's Agent

Lisa Johnson

DALTON WADE INC License #3323502

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1981

Lot Details

  • 10,359 Sq Ft Lot
  • Lot Dimensions are 80x120x93x120
  • 93 Feet of Waterfront
  • Property fronts a saltwater canal
  • Street terminates at a dead end

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • Walk-In Closet
  • 2,040 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Dishwasher

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Access To Marina
  • Access to Saltwater Canal
  • Dock made with concrete
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Punta Gorda Community
  • Punta Gorda Sec 11 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,802

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 10359
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: From US41 in Punta Gorda turn onto W Marion Ave. Left onto Shreve St. Right onto Magadlina Dr. Right onto Via Tripoli and right onto Spanish Cay Ln. Home is on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7411837&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7411837&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96562
  • Price per Sq Ft: 165.2
  • Close to Original List Price Ratio: 0.96562
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Levels: One
  • Street Number Modifier: 1230
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Cavalla Bay
  • Waterfront: Yes
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, Marina, River
  • Water Extras: Dock - Concrete, Dock w/Electric
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 93
  • Water Frontage Feet Canal Salt: 93

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 412212483005
  • Additional Parcels: No
  • Lot Dimensions: 80x120x93x120
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Canal - Saltwater

Tax Info

  • Tax Annual Amount: 3802
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 1, 2019
Sold by
Zander Nicholas P and Zander Mariann
Bought by
Kessinger Larry P and Kessinger Carol A
Seller's Agent
Christopher Grant
GRANT TEAM REAL ESTATE, LLC
Buyer's Agent
Lisa Johnson
DALTON WADE INC
List Price
$349,000
Sold Price
$337,000
Premium/Discount to List
-$12,000
-3.44%
Current Estimated Value
$567,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,289
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Zander Nicholas and Zander Mariann
Bought by
Zander Nicholas P and Zander Mariann

Purchase Details

Closed on
Feb 9, 2010
Sold by
The Bank Of New York Mellon
Bought by
Zander Nicholas and Zander Mariann

Purchase Details

Closed on
Oct 19, 2009
Sold by
Dangelo Darlene
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 9, 2007
Sold by
Ornella Mascialli Michele and Ornella Mascialli
Bought by
Dangelo Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,150
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kessinger Larry P $337,000 First International Ttl Inc
Zander Nicholas P -- Attorney
Zander Nicholas $155,900 Landsafe Title Florida Inc
The Bank Of New York Mellon $273,200 Attorney
Dangelo Darlene $305,500 Americhoice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dangelo Darlene $273,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $337,000 -3.4% $165 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $349,000 -- $171 / Sq Ft
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 $7,411 $468,180 $195,840 $272,340
2022 $6,779 $434,477 $163,200 $271,277
2021 $5,100 $250,079 $136,000 $114,079
2020 $4,921 $251,493 $132,600 $118,893
2019 $4,449 $250,780 $132,600 $118,180
2018 $3,961 $244,911 $132,600 $112,311
2017 $3,692 $233,705 $127,500 $106,205
2016 $3,448 $140,525 $0 $0
2015 $3,283 $127,750 $0 $0
2014 $2,902 $116,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7411837

Stellar MLS

APN: 412212483005