NOT LISTED FOR SALE

1621 Palace Ct Punta Gorda, FL 33980

Estimated Value: $305,000 - $388,000

2 Beds
2 Baths
1,771 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $242,000 $137 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,412/month

94 Days on Market

Highlights

  • Golf Course Community
  • Heated Lap Pool
  • Gated Community
  • Fitness Center
  • Active Adult
  • Open Floorplan

About This Home

As of February 2021

NOT TO BE MISSED! Beautiful Ashton 2/2/2+Den is loaded with upgrades and elegance from the screened entry to the paved enclosed lanai! The den has a Murphy bed and could be used as a 3rd bedroom. This well-maintained home is richly appointed. The kitchen is spectacular with center island and second prep sink, new-style grey appliances, granite counters, closet pantry and breakfast bar. Large breakfast nook plus separate formal dining area, great room with soaring 12' ceilings. All ceramic tile floors, ceiling fans, subtle faux and decorator paint colors. Relax in the spa-like master bath with jetted tub and large walk-in shower upgraded with pebble floor and decorator tile to the ceiling. Updated guest bath has tropical and bamboo accents, tub/shower combo. Outside lush landscaping has concrete curbing and stone, storm protection, and as if that wasn't enough, the Golf Cart and some furnishings are negotiable. Inside Laundry room with cabinet & sink, pedestal front-loading washer & dryer. New Hot Water Heater 2017, Exterior Paint 2018, NEW ROOF 2020, Lanai vinyl enclosed 2020. Seller's Home Warranty will be transferred to buyer at closing for 12 months. Kings Gate is an active 55+ community with a full-time Activities Director, heated swimming pool and spa, exercise & fitness centers, lighted clay surfaced tennis courts, bocce, lawn bowling, shuffleboard, computer room, billiards, crafts, theater, and many other planned activities and outings for your pleasure. There is boat or RV storage for a separate fee. Buyer is required to pay a $500 Capital Contribution fee to Kings Gate Homeowners Association at closing. If you enjoy the social Country Club atmosphere, let me show you what Florida living is "really" like at Kings Gate!

Last Agent to Sell the Property

Marianne Lilly

RE/MAX HARBOR REALTY License #351913 Listed on: 09/25/2020

RE/MAX HARBOR REALTY

Last Buyer's Agent

Marianne Lilly

RE/MAX HARBOR REALTY License #351913 Listed on: 09/25/2020

RE/MAX HARBOR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,443

Year Built

  • Built in 2003

Lot Details

  • 5,793 Sq Ft Lot
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $353 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,771 Sq Ft Home
  • Open Floorplan
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 20
  • Assessor Parcel Number 402307327022

Community Details

Overview

  • Active Adult
  • Optional Additional Fees
  • Association fees include cable TV, community pool, escrow reserves fund, ground maintenance, manager, pool maintenance, private road, recreational facilities
  • Mary Longares, Melrose Management Association, Phone Number (941) 625-8245
  • Kings Gate Community
  • Association Approval Required
  • The community has rules related to building or community restrictions, deed restrictions, fencing, allowable golf cart usage in the community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,443

Year Built

Built in 2003

Lot Details

0

HOA Fees

$353 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Living Area: 1771.00
  • Homestead: Yes
  • Lot Size Acres: 0.13
  • Year Built: 2003
  • Building Area Total: 2338.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7433620?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7433620?w=Customer
  • Lot Size Sq Ft: 5793
  • Building Search Sq Meters: 217.21
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7433620?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Living Area Meters: 164.53

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, Heated, In Ground, Lap Pool
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Kings Gate
  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Special Community Restrictions, Tennis Courts
  • Pet Restrictions: 2 pets
  • Monthly HOA Fees: 352.50
  • Association Amenities: Cable, Clubhouse, Fence Restrictions, Fitness Center, Gated, Optional Additional Fees, Pool, Recreation Facilities, Sauna, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Approval Required: Yes
  • Association Fee: 352.50
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Mary Longares, Melrose Management
  • Phone: 941-625-8245
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: mlongares@melrosemanagement.com
  • Association Website: http://Melrosecorporation.com/kings-gate

Fee Information

  • Amenities Additional Fees: Golf is pay for play with memberships available. There is a storage yard at a separate fee.
  • Total Annual Fees: 4230.00
  • Total Monthly Fees: 352.50

Lot Info

  • Future Land Use: 0100
  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: PD
  • Parcel Number: 402307327022
  • Lot Features: In County, Street Paved, Street Private
  • Lot Size Square Meters: 538

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: At least one tenant must be 55+
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Proof of age, application

Tax Info

  • Tax Annual Amount: 2443.00
  • Tax Block: 20
  • Tax Book Number: 5A07N
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Feb 4, 2021
Sold by
Kubricky John Fredrick and Kubricky Barbara
Bought by
Lafferty Dennis K and Lafferty Patricia A
Seller's Agent
Marianne Lilly
RE/MAX HARBOR REALTY
Buyer's Agent
Marianne Lilly
RE/MAX HARBOR REALTY
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%
Current Estimated Value
$333,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,970
Avg. Annual Appreciation
7.09%

Purchase Details

Closed on
Jul 27, 2020
Sold by
Kubricky John F and Kubricky Barbara A
Bought by
Kubricky John Fredrick and Kubricky Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 13, 2016
Sold by
Kubricky John F and Kubricky Barbara A
Bought by
Kubricky John F and Kubricky Barbara A

Purchase Details

Listed on
Oct 18, 2013
Closed on
Jun 9, 2014
Sold by
Cook William B and Cook Suzanne E
Bought by
Kubricky Barbara A and Kubricky John F
Seller's Agent
John Sheridan
CENTURY 21 SUNBELT REALTY
Buyer's Agent
Debbie King-Bennice
COLDWELL BANKER SUNSTAR REALTY
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$277,500
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Satterfield Marion M and Satterfield Rae
Bought by
Cook William B and Cook Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Wr-I Assoc Ltd
Bought by
Satterfield Marion M and Satterfield Rae

Purchase Details

Closed on
Jul 30, 2003
Sold by
Kingsgate Assoc Ii Ltd
Bought by
Satterfield Marion M and Satterfield Rae
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
Lafferty Dennis K $242,000 Attorney
Kubricky John Fredrick -- Wollinka Wikle Ttl Ins Agcy
Kubricky John Fredrick $100 Hodgdon Robin
Kubricky John F -- None Available
Kubricky Barbara A $185,000 Stewart Title Company
Cook William B $185,000 Coastal Security Title Inc
Satterfield Marion M $24,200 --
Satterfield Marion M $128,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kubricky John Fredrick $35,000
Previous Owner Kubricky Barbara A $277,500
Previous Owner Cook William B $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2021 02/10/21 Sold $242,000 -1.2% $137 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/14/2020 12/14/20 Price Changed $244,900 -1.2% $138 / Sq Ft
11/18/2020 11/18/20 Price Changed $247,777 -0.5% $140 / Sq Ft
09/25/2020 09/25/20 For Sale $249,000 +34.6% $141 / Sq Ft
06/09/2014 06/09/14 Sold $185,000 -7.5% $104 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $199,900 -- $113 / 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 $3,519 $234,439 -- --
2023 $3,519 $227,611 $0 $0
2022 $3,393 $220,982 $34,000 $186,982
2021 $1,103 $166,239 $0 $0
2020 $2,059 $163,944 $0 $0
2019 $2,443 $160,258 $0 $0
2018 $2,239 $157,270 $0 $0
2017 $2,215 $154,035 $0 $0
2016 $2,200 $150,867 $0 $0
2015 $2,196 $149,818 $0 $0
2014 $2,561 $132,418 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7433620

Stellar MLS

APN: 402307327022