NOT LISTED FOR SALE

Estimated Value: $508,813 - $563,000

3 Beds
2 Baths
2,022 Sq Ft
$628/mo HOA Fee

Last Sold November 19, 2021

Last sale price $557,545 $276 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,083/month

9 Days on Market

Highlights

  • Waterfront Community
  • Community Boat Slip
  • Boat Slip Deeded
  • Sallie Jones Elementary School Rated A-
  • Dock made with concrete
  • Boat Lift

About This Home

As of November 2021

PLEASE SEE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING YOU WILL BE AMAZED!!!!!!! This sought after community virtually has no units available and when they are they go quickly. This unit has been upgraded and maintained beautifully. New appliances, granite, paint, crown, plantation shutters, hurricane rated windows, new garage door opener, ceiling fans and lighting. Mechanicals all replaced approx 3 years. This home has views that will amaze you and will have you asking where to sign. The dock and lift are the icing on the cake, all wrapped up in a great community, and immediate possession. Punta Gorda is a fabulous place to live or own a second home, so enjoy the shops and restaurants downtown, Fisherman's village with all it's shops and restaurants as well, or jump on your boat and head out to the many restaurants that boating life has to offer. Let us know how to help....

Last Agent to Sell the Property

Deborah Sumey

NEXT GENERATION REALTY OF MARION COUNTY License #3173758 Listed on: 10/13/2021

NEXT GENERATION REALTY OF MARION COUNTY

Last Buyer's Agent

Edward Bergin

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3463086

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,197

Year Built

  • Built in 2003

Lot Details

  • Northeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $628 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,022 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Great Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Indoor Grill
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access to Brackish Canal
  • Dock has access to water
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with concrete
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pool maintenance, water
  • Gateway Association
  • Tarpon Cove Community
  • Tarpon Cove Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Boat Slip
  • Waterfront Community
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • Pets Allowed
  • Pets up to 60 lbs

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,197

Year Built

Built in 2003

Lot Details

0

HOA Fees

$628 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2022
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2022
  • Lot Size Sq Ft: 2675
  • Directions to Property: Marion to Tropicana, RT on Tropicana, home on LT
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM628737?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM628737?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.022
  • Price per Sq Ft: 275.74
  • Close to Original List Price Ratio: 1.022
  • Ratio: Current Price\Building Area Total: 275.74
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Indoor Grill, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Window Features: Shutters
  • Street Number Modifier: 141
  • Additional Rooms: Den/Library/Office, Florida Room, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Brackish
  • Water Extras: Dock - Concrete, Dock - Slip Deeded On-Site, Dock w/Electric, Dock w/Water Supply, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0237F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Ground Level
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Fitness Center, Maintenance, Pool, Spa/Hot Tub
  • Association Fee: 628
  • Association Fee Frequency: Monthly
  • Association Name: Gateway
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7536
  • Monthly HOA Fee: 628
  • Total Monthly Fees: 628

Lot Info

  • Zoning: GM-10
  • Parcel Number: 412211776042
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Max Pet Weight: 60
  • Minimum Lease: 2 Months
  • Approval Process: application to HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: minimum 2 month lease

Tax Info

  • Tax Annual Amount: 5197
  • Tax Lot: 1112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 19, 2021
Sold by
Bell James Thomas and Bell Anna Susan
Bought by
Penley Lorraine J and Penley Michael
Seller's Agent
Deborah Sumey
NEXT GENERATION REALTY OF MARION COUNTY
Buyer's Agent
Edward Bergin
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$545,545
Sold Price
$557,545
Premium/Discount to List
$12,000
2.2%
Current Estimated Value
$535,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,092
Avg. Annual Appreciation
-1.04%
Original Mortgage
$418,159
Outstanding Balance
$383,171
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$152,282

Purchase Details

Closed on
May 6, 2019
Sold by
Bell James Thomas and Bell Anna Susan
Bought by
Bell Family Trust

Purchase Details

Closed on
Mar 4, 2019
Sold by
Meyer Frederick G and Meyer Debra K
Bought by
Bell Anna Susan and Bell James Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2016
Sold by
Burkly Michael E
Bought by
Meyer Frederick G and Meyer Debra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2003
Sold by
Dev Tarpon Cove Inc
Bought by
Burkly Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,920
Interest Rate
6.33%
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
Penley Lorraine J $557,545 Attorney
Bell Family Trust -- Attorney
Bell Anna Susan $423,200 Equitable Title Of Ocala Llc
Meyer Frederick G $400,000 None Available
Burkly Michael E $359,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penley Lorraine J $418,159
Previous Owner Bell Anna Susan $317,400
Previous Owner Meyer Frederick G $360,000
Previous Owner Burkly Michael E $317,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $557,545 +2.2% $276 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $545,545 -- $270 / 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 $7,398 $447,876 $0 $0
2022 $7,153 $434,831 $0 $434,831
2021 $5,427 $333,351 $0 $0
2020 $5,197 $328,749 $0 $0
2019 $4,997 $311,443 $0 $0
2018 $5,733 $333,428 $0 $333,428
2017 $5,638 $324,834 $0 $0
2016 $5,577 $314,522 $0 $0
2015 $5,314 $293,898 $0 $0
2014 $5,678 $309,241 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM628737

Stellar MLS

APN: 412211776042