NOT LISTED FOR SALE

16401 Palmetto St Punta Gorda, FL 33982

Babcock Ranch Neighborhood

Estimated Value: $359,000 - $470,000

3 Beds
2 Baths
1,908 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $290,000 $152 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,148/month

404 Days on Market

Highlights

  • Boat Ramp
  • New Construction
  • Clubhouse
  • Fitness Center
  • Lake View
  • High Ceiling

About This Home

As of December 2020

Brand NEW energy-efficient home ready NOW! This Heron home's master suite is located in the back of the home for privacy and offers a huge walk-in closet and bathroom with dual sink vanity and standalone shower. The open kitchen has a work island that overlooks the great room, nook and covered lanai. Enjoy all of the fantastic amenities Babcock Ranch has to offer. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Tatiana Souza

Meritage Homes of Florida Real License #261207053 Listed on: 10/08/2019

Last Buyer's Agent

Phyllis Madanian

Coastal Living Realty Inc License #249523366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,777

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 56 x 140 x 56 x 140
  • South Facing Home

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Electric Vehicle Home Charger
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • High Ceiling
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Air Purifier

Utilities

  • Air Filtration System
  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 42-26-29-323-014

Community Details

Overview

  • Association fees include management, irrigation water, legal/accounting, recreation facilities, reserve fund, road maintenance, street lights
  • Babcock Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Restaurant
  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Boat Ramp
  • Pier or Dock
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,777

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 56 x 140 x 56 x 140
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: BABCOCK
  • Directions: I-75 to Exit 143 (Bayshore Road). Go east approximately 3.3 miles. Turn left on State Road 31. After 4.5 miles, turn right on Lake Babcock Drive. Welcome Home Center is located 16216 Palmetto street.
  • Architectural Style: Ranch, One Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2019
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Other Equipment: Air Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Tray Ceiling(s), Dual Sinks, High Ceilings, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Air Filtration
  • Living Area: 1908.0
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Deed Restriction, Home Warranty
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Room For Pool
  • Property Condition: New Construction
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Attached Carport, Electric Vehicle Charging Station(s)

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Amenities: Billiard Room, Boat Ramp, Business Center, Clubhouse, Dog Park, Fitness Center, Barbecue, Picnic Area, Pier, Playground, Pickleball, Park, Pool, Restaurant, Sidewalks, Trail(s)
  • Association #2 Fee: 260.0
  • Association #2 Fee Frequency: Monthly
  • Association: No
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Legal/Accounting, Recreation Facilities, Reserve Fund, Road Maintenance, Street Lights

Lot Info

  • Parcel #: 42-26-29-323-014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 16, 2020
Sold by
Meritage Homes Of Florida Inc
Bought by
Lee Ming Jer and Lee Lori Ann
Seller's Agent
Tatiana Souza
Meritage Homes of Florida Real
Buyer's Agent
Phyllis Madanian
Coastal Living Realty Inc
List Price
$299,090
Sold Price
$290,000
Premium/Discount to List
-$9,090
-3.04%
Current Estimated Value
$422,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,379
Avg. Annual Appreciation
8.18%
Original Mortgage
$284,747
Outstanding Balance
$253,510
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$168,869

Purchase Details

Closed on
May 6, 2019
Sold by
Babcock Property Holdings Llc
Bought by
Meritage Homes Of Florida Inc
Source: Public Records

Range of Values:

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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
Lee Ming Jer $290,000 Paradise Land Title Agcy Llc
Meritage Homes Of Florida Inc $2,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ming Jer $284,747
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $290,000 -3.0% $152 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $299,090 -- $157 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $7,777 $432,745 $94,350 $338,395
2023 $7,777 $285,651 $0 $0
2022 $6,912 $340,953 $51,000 $289,953
2021 $6,133 $236,075 $46,750 $189,325
2020 $5,878 $238,130 $46,750 $191,380
2019 $2,637 $46,750 $46,750 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tatiana Souza

    Seller's Agent in 2020

    Tatiana Souza

    Meritage Homes of Florida Real

    (813) 703-8860

    93 in this area

    4,244 Total Sales

    Tatiana Souza
    Section Image

  • P

    Buyer's Agent in 2020

    Phyllis Madanian

    Coastal Living Realty Inc

    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219066542

Florida Gulf Coast Multiple Listing Service

APN: 422629323014

Florida Charlotte County Punta Gorda 33982 Babcock Ranch

16401 Palmetto St, Punta Gorda, FL

This home is located at 16401 Palmetto St, Punta Gorda, FL 33982 since 08 October 2019 and is currently estimated at $422,379, approximately $221 per square foot. This property was built in 2019. 16401 Palmetto St is a home located in Charlotte County with nearby schools including East Elementary School, Punta Gorda Middle School, and Charlotte High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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