NOT LISTED FOR SALE

Estimated Value: $415,000 - $528,000

4 Beds
2 Baths
1,988 Sq Ft
871 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $349,000 $176 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,157/month

117 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Furnished
  • Sallie Jones Elementary School Rated A-
  • Clubhouse
  • Solid Surface Countertops

About This Home

As of March 2021

PRIME WATERFRONT LOCATION! RARE OPPORTUNITY TO OWN FURNISHED 4 BEDROOM, 2 BATH PENTHOUSE UNIT WITH AMAZING OPEN HARBOR VIEWS IN PALACIO DEL SOL! Fantastic location with in walking distance to Fishermen s Village, Isles Yacht Club, downtown Punta Gorda, parks, walking and biking trails. Step in and immediately be greeted with breathtaking endless water views. Spacious open concept features 1,988 sq. ft. of living area, 2 large sliders in living room, formal dining area, and kitchen with breakfast bar and built-in china cabinet. Relax and watch the boats and dolphins go by from the screened in balcony with plenty of room to entertain family and friends. True four-bedroom unit which can be used as 2 master suites, if preferred. Plantation shutters in 3 bedrooms, crown molding throughout and updated guest bath with new vanity and custom tiled walk-in shower. Interior laundry, plenty of storage, 1 under building parking space and storage closet (#22) plus guest parking available. Amenities include rooftop heated pool, two sundecks to watch the sunset and clubhouse. Easy access to US-41 and I-75, 2 nearby marina s to accommodate your boat and just a short drive to award winning SWFL beaches. This is an opportunity not to miss! Call for your private showing today!

Last Agent to Sell the Property

Brian Helgemo

COMPASS FLORIDA License #3041311 Listed on: 11/07/2020

COMPASS FLORIDA

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,619

Year Built

  • Built in 1975

Lot Details

  • South Facing Home
  • Mature Landscaping

Home Design

  • Concrete Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,988 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Shades
  • Shutters
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Utility Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Rear Porch

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Sallie Jones Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 412212554036

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, fidelity bond, insurance, maintenance exterior, ground maintenance, pool maintenance, sewer, trash, water
  • Star Hospitality Mgmt Association, Phone Number (941) 575-6764
  • Palacio Del Sol Community
  • Palacio Del Sol Subdivision
  • Association Approval Required
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • 6-Story Property

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,619

Year Built

Built in 1975

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Maintenance Exterior, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Property Description: High Rise, Penthouse
  • Water View: Yes
  • Construction Materials: Block
  • Living Area: 1988.00
  • Lot Size Acres: 0.02
  • Year Built: 1975
  • Building Area Total: 1988.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435321?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435321?w=Customer
  • Lot Size Sq Ft: 966
  • Building Search Sq Meters: 184.69
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435321?w=PubMLS
  • Directions to Property: US-41 to W. Marion Ave to Palacio Del Sol on right. Condo is on 6th floor.
  • Escrow State: FL
  • List Office Head Office Key Nume: 169647934
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Inside Utility
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 4
  • Floor Number: 6
  • Levels: One
  • Stories: 6
  • Window Features: Blinds, Shades, Shutters
  • Living Area Meters: 184.69
  • Street Number Modifier: 1500

Exterior Features

  • Direction Faces: South
  • Waterfront Feet Bay Harbor: 24
  • Exterior Features: Balcony, Sliding Doors, Storage
  • Roof: Concrete
  • Water View: Bay/Harbor - Full
  • Flood Zone Code: AE
  • View: Water
  • Water Body Name: CHARLOTTE HARBOR
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Assigned, Under Building

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Palacio Del Sol
  • Community Features: No Truck/RV/Motorcycle Parking, Pool
  • Building Name Number: PALACIO DEL SOL
  • Condo Fees: 850
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 850
  • Association Amenities: Clubhouse, Elevators, Pool
  • Association Approval Required: Yes
  • Association Name: Star Hospitality Mgmt
  • Phone: 941-575-6764
  • Association Email: b.gibson@starhospitalitymanagement.com
  • Association Website: http://www.starhospitalitymanagement.com/

Fee Information

  • Waterfront Frontage: 24
  • Total Annual Fees: 10200.00
  • Total Monthly Fees: 850.00

Schools

  • Elementary School: Sallie Jones Elementary
  • Middle School: Punta Gorda Middle
  • High School: Charlotte High
  • Elementary School: Sallie Jones Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: GM-15
  • Parcel Number: 412212554036
  • Lot Features: FloodZone, In City Limits, Sidewalk, Street Paved
  • Lot Size Square Meters: 90

Rental Info

  • Minimum Lease: 2 Months
  • Additional Lease Restrictions: See condo documents for restrictions
  • Furnished: Furnished
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: See condo documents for application process. Application sent to Star Hospitality Management

Tax Info

  • Tax Annual Amount: 4619.31
  • Tax Book Number: 2182-2226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Mar 22, 2021
Sold by
Legacy Funds Partnership Iii Llc
Bought by
Wachtel Lawrence E and Guidara Nanci S
Seller's Agent
Brian Helgemo
COMPASS FLORIDA
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$363,000
Sold Price
$349,000
Premium/Discount to List
-$14,000
-3.86%
Current Estimated Value
$485,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,262
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Dec 23, 2020
Sold by
Teresi Margaret Jo and Margaret Jo Teresi Trust
Bought by
Legacy Funds Partnership Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2003
Sold by
Teresi Howard E and Teresi Margaret
Bought by
Tr Margaret Teresi
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
Wachtel Lawrence E $349,000 Attorney
Legacy Funds Partnership Iii Llc $350,000 Attorney
Tr Margaret Teresi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Legacy Funds Partnership Iii Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $349,000 -3.9% $176 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $363,000 0.0% $183 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $363,000 -- $183 / 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
2024 $7,002 $425,830 -- $425,830
2023 $7,002 $388,485 $0 $0
2022 $6,053 $353,168 $0 $353,168
2021 $5,232 $297,405 $0 $297,405
2020 $4,619 $268,678 $0 $268,678
2019 $4,938 $283,886 $0 $283,886
2018 $2,345 $183,448 $0 $0
2017 $2,323 $179,675 $0 $0
2016 $2,314 $175,979 $0 $0
2015 $2,338 $174,756 $0 $0
2014 $2,339 $173,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7435321

Stellar MLS

APN: 412212554036