$400,000
SOLD APR 4, 2025

1516 Lanco St Port Charlotte, FL 33952

5 Beds
3 Baths
2,892 Sq Ft
0.46 Acres

Recently Sold

$138 Per Sq Ft

32% Below List Price

141 Days on Market

Highlights

  • In Ground Pool
  • 0.46 Acre Lot
  • Ranch Style House
  • Reverse Osmosis System
  • Family Room with Fireplace
  • Cathedral Ceiling

About This Home

As of April 2025

HIGH AND DRY !!!! POSSIBLY THE BEST MULTI-GENERATIONAL RESIDENCE ON THE MARKET !! This stunning 5-bedroom, three-bath pool home, nestled on nearly half an acre in sunny Port Charlotte, embodies the relaxed charm of Florida living. With two spacious master suites, a formal living room, and a large family room featuring a cozy fireplace that's perfect for those chilly mornings when they happen, and built-ins, this home offers a perfect balance of comfort and sophistication. The updated kitchen sparkles with Stone countertops with quartz and petrified wood in the stone! One of a kind! Stainless steel appliances including a Samsung Convection range with a Pot Filler above the cooktop, a Fisher & Paykel double drawer dishwasher (wash a small load or a huge load), ultra quiet Insinkerator Disposer and countertop Glass Rinser! Wood cabinets, and a movable island round off the area—ready for you to whip up your favorite tropical recipes. Crown molding, indirect lighting, and a bladeless fan add modern touches, while the coffee bar with a wine refrigerator, sink, and instant hot water dispenser is a beach lover’s dream for entertaining. Large built in wine rack and bar in the family room.
Step outside through sliding glass doors onto the 13x38 tiled lanai, where the refreshing saltwater pool awaits—ideal for cooling off on a warm Florida day. The pool has a Jacuzzi High efficiency variable speed pool pump with sand filter. (no more paper cartridges all the time!) The saltwater generator keeps the water balanced so all you need to do is vacuum occasionally.
The hidden fenced backyard has room for all your outdoor passions, including a 40 by 70 paved parking area for space for a motor home, watercraft, or outdoor hobbies. Home business professionals can park their truck back there without any restrictions! Storage shed includes a 54" cut lawn tractor! The oversized garage has room for two SUV's or less, has walls of cabinetry to store whatever you need to, and overhead shelves as well. Pull down staircase for over the garage attic storage can hold those items you need to get out of the way till later! There is a GE 9500 electric start generator that also stays with the house.
A/C units are high seer efficient units (with UV) still under warranty! They are controlled by two Nest thermostats mounted on the wall or simply with your phone, so if you are out of town or still in bed too warm, changing the temperature for your comfort only takes a second. Also programmable to a set schedule.
Indoor laundry with lots of cabinets includes Samsung Steam washer and dryer that work perfectly! Built in ironing board to touch up those dressy outfits prior to your entertaining! Water heater is under 2 years old!
Lush landscaping and a tranquil water feature in the front yard bring the tropical feel home, while solar-lighted driveway markers add a welcoming glow.
Whether you're hosting a poolside BBQ or enjoying a peaceful evening under the stars, this home captures the essence of Florida living at its finest.

Last Agent to Sell the Property

Roger Richmond

KELLER WILLIAMS ISLAND LIFE REAL ESTATE Brokerage Phone: 941-254-6467 License #3011258 Listed on: 10/01/2024

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Co-Listed By

Tiffany Monday Richmond

KELLER WILLIAMS ISLAND LIFE REAL ESTATE Brokerage Phone: 941-254-6467 License #3232986

Last Buyer's Agent

Joel Desguin

HOME MATCHMAKING REALTY License #3511445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1983

Lot Details

  • 0.46 Acre Lot
  • West Facing Home
  • Landscaped
  • Oversized Lot
  • Well Sprinkler System
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,892 Sq Ft Home
  • Shelving
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Shed
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Propane
  • 1 Water Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Charlotte Community
  • Port Charlotte Sec 027 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,832

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2892
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 3492
  • Lot Size Sq Ft: 20004
  • Number Of Lots: 2
  • Directions to Property: Midway Boulevard to Dewitt. North to Cottonwood. West to Lanco. North to address
  • Status: Sold
  • Co List Office Mls Id: MFR284510349
  • Co List Office Phone: 941-254-6467
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Port Charlotte
  • Escrow Postal Code: 33953
  • Escrow State: FL
  • Escrow Street Name: Tamiami Trail
  • Escrow Street Number: 992
  • List Office Head Office Key Nume: 196189995
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 138.31
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Dual Closets
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-254-6467
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Gas
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 1516
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 268.68
  • Room Count: 10

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Pool Features: In Ground
  • Exterior Features: Private Mailbox, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2022-12-15
  • Flood Zone Panel: 12015C0063G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402210385002
  • Additional Parcels Description: 000
  • Additional Parcels: Yes
  • Lot Features: In County, Landscaped, Oversized Lot, Paved
  • Flood Zone Code: X500
  • Homestead YN: 1
  • Lot Size Square Meters: 1858

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1832
  • Tax Block: 1427
  • Tax Book Number: 1455-255
  • Tax Lot: 3-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Mar 28, 2025
Sold by
Evano Clark Edward and Clark Edward Evano Revocable Living Trus
Bought by
Troast Corey and Troast Erin
Seller's Agent
Roger Richmond
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Buyer's Agent
Joel Desguin
HOME MATCHMAKING REALTY
List Price
$589,000
Sold Price
$400,000
Premium/Discount to List
-$189,000
-32.09%
Total Days on Market
141
Views
59
Current Estimated Value
$402,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,046
Avg. Annual Appreciation
3.24%
Original Mortgage
$408,600
Outstanding Balance
$408,600
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
-$6,554

Purchase Details

Closed on
Oct 6, 2023
Sold by
Evano Clark E
Bought by
Clark Edward Evano Revocable Living Trust and Evano

Purchase Details

Closed on
May 14, 2004
Sold by
Shinpaugh Richard B and Shinpaugh Emily
Bought by
Evano Clark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1998
Sold by
Long John M and Long Anita J
Bought by
Shinpaugh Richard B and Shinpaugh Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.21%

Purchase Details

Closed on
Nov 11, 1996
Sold by
Klein Sandra and Klein Sandra E
Bought by
Long John M and Long Anita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.13%

Purchase Details

Closed on
Aug 4, 1994
Sold by
Klein Gerald and Klein Sandra
Bought by
Klein Sandra
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Florida Abstract & Security Ti
Warranty Deed $100 None Listed On Document
Warranty Deed $205,000 Gulf Coast Title Svcs Inc
Deed $165,000 --
Warranty Deed $157,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,600 VA
Previous Owner $20,000 Stand Alone Second
Previous Owner $164,000 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $400,000 0.0% $138 / Sq Ft
02/19/2025 02/19/25 Pending -- -- --
02/11/2025 02/11/25 Price Changed $399,900 -11.1% $138 / Sq Ft
01/26/2025 01/26/25 Price Changed $449,900 -9.8% $156 / Sq Ft
01/10/2025 01/10/25 Price Changed $499,000 -5.7% $173 / Sq Ft
11/08/2024 11/08/24 Price Changed $529,000 -10.2% $183 / Sq Ft
10/01/2024 10/01/24 For Sale $589,000 -- $204 / 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 $1,832 $375,467 $37,400 $338,067
2023 $1,832 $107,435 $0 $0
2022 $1,971 $118,242 $0 $0
2021 $1,955 $114,798 $0 $0
2020 $1,907 $113,213 $0 $0
2019 $1,819 $110,668 $0 $0
2018 $1,668 $108,605 $0 $0
2017 $1,647 $106,371 $0 $0
2016 $1,632 $104,183 $0 $0
2015 $1,619 $103,459 $0 $0
2014 $1,593 $102,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6138306

Stellar MLS

APN: 402210385002