NOT LISTED FOR SALE

13557 Abutilon Ln South Gulf Cove, FL 33981

Gulf Cove Neighborhood

Estimated Value: $62,295 - $67,000

0.23 Acre
$277,496 Price per Acre
10,000 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $22,500

Est. 185% increase in value since last sale

Current estimated payment $404/month

10 Days on Market

About This Lot

As of April 2024

Looking for a vacant lot in desirable South Gulf Cove? Check out 13557 Abutilon Lane! This vacant lot is easily accessed requiring only two turns off of Gasparilla Road, so no getting lost in suburbia. Speaking of easy access; grocery shopping, home improvement stores, and restaurants are only a 5 minute drive away. You can reach downtown Englewood and gulf beaches within a 10-20 minute drive, and Gasparilla Island is only a 20 minute drive as well. This lot will make an excellent site to build that Florida dream home, or add value to any portfolio. Call today for more information, questions, or to arrange a private showing!

Last Agent to Sell the Property

Mark Hanover

PARADISE EXCLUSIVE INC Brokerage Phone: 941-698-0303 License #3442605 Listed on: 04/02/2024

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Marlene Gomez

AMERICAN PRIME PROPERTIES License #3174676

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $531

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Northeast Facing Home
  • Property is zoned RSF3.5

HOA Fees

  • $10 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Community Details

  • South Gulf Cove Community
  • Port Charlotte Sec 078 Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 4395
  • Assessor Parcel Number 412120428017

Property Details

Property Type

Land

Est. Annual Taxes

$531

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Directions to Property: Headed SW on Gasparilla turn left onto Keystone Boulevard. Right on Zorn Street. Right on Abutilon. The lot will be on the left side of the street, and will have a sign posted ASAP.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Port Charlotte
  • Escrow Postal Code: 33948
  • Escrow State: FL
  • Escrow Street Name: Tamiami Trail #8
  • Escrow Street Number: 1931
  • List Office Head Office Key Nume: 1037924
  • RATIO Current Price By Calculate: 2.25
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-698-0303
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 13557

Exterior Features

  • Direction Faces: Northeast
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2022-12-15
  • Flood Zone Panel: 12015C0213G
  • Price Per Acre: 97826

Utilities

  • Utilities: Electrical Nearby, Water Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Optional
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

  • Total Annual Fees: 120.00
  • Total Monthly Fees: 10.00
  • Monthly HOA Amount: 10.00

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412120428017
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125
  • Flood Zone Code: AE
  • Lot Size Square Meters: 929

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 531.25
  • Tax Block: 4395
  • Tax Book Number: 6-42
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 1, 2024
Sold by
American Prime Lending Inc
Bought by
Martin Sergio Ruben Hernan
Seller's Agent
Mark Hanover
PARADISE EXCLUSIVE INC
Buyer's Agent
Marlene Gomez
AMERICAN PRIME PROPERTIES
List Price
$29,000
Sold Price
$22,500
Premium/Discount to List
-$6,500
-22.41%
Views
8
Current Estimated Value
$64,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,592
Avg. Annual Appreciation
123.72%
Original Mortgage
$37,100
Outstanding Balance
$32,009
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$32,083

Purchase Details

Listed on
Apr 2, 2024
Closed on
Apr 22, 2024
Sold by
Virginia I Faremouth Revocable Living Tr and Faremouth Carolyn L
Bought by
American Prime Lending Inc
Seller's Agent
Mark Hanover
PARADISE EXCLUSIVE INC
Buyer's Agent
Marlene Gomez
AMERICAN PRIME PROPERTIES
List Price
$29,000
Sold Price
$22,500
Premium/Discount to List
-$6,500
-22.41%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,100
Outstanding Balance
$32,009
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$32,083

Purchase Details

Closed on
Oct 31, 2010
Sold by
Faremouth James J and Faremouth Carolyn L
Bought by
Faremouth Carolyn L and Virginia I Faremouth Revocable Living Tr

Purchase Details

Closed on
Jun 4, 2004
Sold by
Florida Premier Properties Inc
Bought by
Faremouth James J

Purchase Details

Closed on
Nov 12, 2002
Sold by
Durning Clifton M and Durning Katherine Y
Bought by
Fl Premier Prop Inc
Source: Public Records

Range of Values:

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Average Value
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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
Martin Sergio Ruben Hernan $53,000 None Listed On Document
American Prime Lending Inc $22,500 None Listed On Document
Faremouth Carolyn L -- Attorney
Faremouth James J $32,000 --
Fl Premier Prop Inc $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Sergio Ruben Hernan $37,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $22,500 -22.4% --
04/13/2024 04/13/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $29,000 -- --
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
2024 $531 $20,400 $20,400 --
2023 $531 $22,950 $22,950 $0
2022 $430 $20,400 $20,400 $0
2021 $413 $7,650 $7,650 $0
2020 $392 $7,990 $7,990 $0
2019 $394 $9,350 $9,350 $0
2018 $403 $9,350 $9,350 $0
2017 $394 $8,925 $8,925 $0
2016 $380 $5,093 $0 $0
2015 $325 $4,630 $0 $0
2014 $303 $4,209 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7490658

Stellar MLS

APN: 412120428017