NOT LISTED FOR SALE

1648 Palace Ct Punta Gorda, FL 33980

Estimated Value: $226,000 - $315,000

3 Beds
2 Baths
1,542 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $280,000 $182 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,132/month

52 Days on Market

Highlights

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

About This Home

As of May 2024

REDUCED & Priced for a quick sale, and a little TLC would make this your home! The popular Bristol floor plan features 3 bedrooms, 2 baths, 2-car garage plus inside laundry and ample lanai, right on the edge of the nature preserve. Many desirable features such as the French doors with built-in blinds. There is a hand-painted mural in the breakfast nook to resemble an Italian Courtyard, and another similar mural in the master bath. The kitchen has all appliances plus a trash compactor, a farmer's sink, and laminate counters and cabinets. The master bath is ideal with a separate soaking tub, shower, dual sinks on a long counter. The bedrooms have laminate flooring, no carpet here! Ceiling fans in all rooms. This home also features a central vacuum system, Culligan water filtration system, and ADT alarm system. The windows are tinted for energy efficiency, and privacy. The roof was replaced in 2022, and the AC in 2014. Exterior paint is just 3 years old. Most of the back yard is updated with stone and a small pond. The lanai has attractive stone pavers and vinyl windows. 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 $1,500 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 Brokerage Phone: 941-639-8500 License #351913 Listed on: 01/12/2024

RE/MAX HARBOR REALTY

Last Buyer's Agent

John Batliner

KW PEACE RIVER PARTNERS License #3453028

KW PEACE RIVER PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 2001

Lot Details

  • 5,100 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $378 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,542 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • 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

  • Screened Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Softener
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Optional Additional Fees
  • Association fees include cable TV, common area taxes, pool, escrow reserves fund, ground maintenance, management, private road, recreational facilities
  • Naoma Bush Association, Phone Number (941) 625-8245
  • Visit Association Website
  • Kings Gate Community
  • Kings Gate Subdivision
  • Leased Association Recreation
  • The community has rules related to building or community restrictions, deed restrictions, fencing, allowable golf cart usage in the community
  • Community Lake

Amenities

  • Restaurant
  • Sauna
  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 2001

Lot Details

0

HOA Fees

$378 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Maintenance Grounds, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1542
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2242
  • Lot Size Sq Ft: 5100
  • Directions to Property: From Kings Highway, enter on Westgate, 2nd Left on Palace Court to 1648 on R around the bend.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Punta Gorda
  • Escrow Postal Code: 33950
  • Escrow State: FL
  • Escrow Street Name: W Marion Ave
  • Escrow Street Number: 103
  • List Office Head Office Key Nume: 1045740
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 181.58
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Amenities Additional Fees: Golf and the Lion's Den restaurant are at your expense, and there is a storage lot where you may keep your boat or trailer etc. for a fee.
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-639-8500
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1648
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Breakfast Room Separate,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 143.26
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, Heated, In Ground, Lap
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2023-12-15

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Lease, Clubhouse, Deed Restrictions, Gated Community - No Guard, Golf Carts OK, Golf, Pool, Restaurant, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Optional Additional Fees, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 377.62
  • Association Fee Frequency: Monthly
  • Association Name: Naoma Bush
  • Phone: (941) 625-8245
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Complex Community Name Nccb: KINGS GATE
  • Pet Restrictions: No agressive breeds
  • Association Fee Requirement: Required
  • Association Email: nbush@castlegroup.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: www.castlegroup.com

Fee Information

  • Total Annual Fees: 4531.44
  • Total Monthly Fees: 377.62
  • Monthly HOA Amount: 377.62

Lot Info

  • Parcel Number: 402307328009
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 474
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Tenant must comply with age requirement for 55+, a copy of lease and proof of age must be submitted to the office.

Tax Info

  • Tax Annual Amount: 3558.11
  • Tax Block: 14
  • Tax Lot: 9

Multi Family

  • Approval Process: Tenant must comply with age requirement for 55+, a copy of lease and proof of age must be submitted to the office.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
May 3, 2024
Sold by
Licausi Judith and Licausi Michael A
Bought by
Roof Michael and Roof Linda
Seller's Agent
Marianne Lilly
RE/MAX HARBOR REALTY
Buyer's Agent
John Batliner
KW PEACE RIVER PARTNERS
List Price
$330,000
Sold Price
$280,000
Premium/Discount to List
-$50,000
-15.15%
Views
97
Current Estimated Value
$273,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,359
Avg. Annual Appreciation
-3.65%

Purchase Details

Closed on
May 3, 2022
Sold by
Judith Licausi
Bought by
Licausi Nicholas V and Licausi Michael A

Purchase Details

Closed on
Aug 7, 2001
Sold by
Kings Gate Assoc Ii Ltd
Bought by
Licausi Vincent and Licausi Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,750
Interest Rate
6.97%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Buyer Sale Price Title Company
Roof Michael $280,000 Suncoast One Title & Closings
Licausi Nicholas V -- None Listed On Document
Licausi Vincent -- --
Licausi Vincent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Licausi Vincent $50,000
Previous Owner Licausi Vincent $13,750
Previous Owner Licausi Vincent $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $280,000 -5.1% $182 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/13/2024 02/13/24 Price Changed $295,000 -7.8% $191 / Sq Ft
02/11/2024 02/11/24 Price Changed $320,000 -1.5% $208 / Sq Ft
02/05/2024 02/05/24 Price Changed $325,000 -1.5% $211 / Sq Ft
01/12/2024 01/12/24 For Sale $330,000 -- $214 / 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 $3,706 $269,488 $38,250 $231,238
2023 $3,706 $224,762 $0 $0
2022 $1,968 $131,456 $0 $0
2021 $1,954 $127,627 $0 $0
2020 $1,905 $125,865 $0 $0
2019 $1,814 $123,035 $0 $0
2018 $1,650 $120,741 $0 $0
2017 $1,628 $118,258 $0 $0
2016 $1,613 $115,826 $0 $0
2015 $1,603 $115,021 $0 $0
2014 $1,576 $114,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7486043

Stellar MLS

APN: 402307328009