NOT LISTED FOR SALE

165 Mandalay Rd Punta Gorda, FL 33950

Estimated Value: $156,000 - $220,000

2 Beds
1 Bath
1,092 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $92,280 $85 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,173/month

138 Days on Market

Highlights

  • 135 Feet of Waterfront
  • Home fronts a creek
  • Attic
  • Sallie Jones Elementary School Rated A-
  • Creek or Stream View
  • Bonus Room

About This Home

As of April 2018

Investor Special! Are you looking for a home that you can rebuild the inside from your own ideas? Here is your opportunity to own a 2 bedroom, 1 bath home that needs everything done to it. Upon entering the home, you will find an open floor plan with walls that need to be stuccoed, an eat-in kitchen that needs cabinets and appliances, bedrooms that need walls stuccoed and painted, and a bathroom that needs remodeling. The garage has been converted and could be an extra 3rd bedroom or an another living space. When entering the backyard, you will notice you are on Alligator Creek and will lead you into the Charlotte Harbor. From your own back yard, you have the ability to fish and kayak.The location is 2.4 nautical miles via alligator Creek to the broad Charlotte Harbor. At 4-nautical miles per hour (depending on a boat's minimum wake speed) the trip to open water is about 35 minutes. This has a good waterway for flats, and other small to medium sized boats. Alligator Creek opens up onto a world class fishery. Overall, if you are looking for a home that needs some love and are wanting a project, then this home is for you. This home can qualify for the FHA Rehab Loan, if you cannot afford to pay cash.

Last Agent to Sell the Property

Curtis Mellon

RE/MAX ALLIANCE GROUP License #3096164 Listed on: 10/19/2017

Co-Listed By

Thomas Sons

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3342532

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Thomas Sons

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3342532

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105x100x135x100
  • Home fronts a creek
  • 135 Feet of Waterfront
  • Street terminates at a dead end
  • Mature Landscaping
  • Oversized Lot
  • Property is zoned RSF3.5

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,092 Sq Ft Home
  • Sliding Doors
  • Bonus Room
  • Creek or Stream Views
  • Microwave
  • Attic

Flooring

  • Concrete
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access To Creek
  • Access to Bay or Harbor
  • Shed

Location

  • Flood Zone Lot

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sea Lanes Community
  • Sea Lanes Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1092
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1968
  • Building Area Total: 1232
  • Lot Size Sq Ft: 12947
  • Directions to Property: Take US 41 North to Mandalay Rd Turn left on Mandalay RD Home will be on the left next to the home that is gated
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7244573&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7244573&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.77546
  • Price per Sq Ft: 84.51
  • Close to Original List Price Ratio: 0.77546
  • Ratio: Current Price\Building Area Total: 74.9
  • View: Yes
  • Co List Office Mls Id: 274500658
  • Co List Office Phone: 941-639-1376
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Concrete, Terrazzo
  • Full Bathrooms: 1
  • Interior Amenities: Attic
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 165
  • Room Count: 6
  • Additional Rooms: Attic, Bonus Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Alligator Creek
  • Waterfront: Yes
  • Water View: Creek
  • Water Access: Bay/Harbor, Creek
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0243F
  • Waterfront Frontage: 135
  • Water Frontage Feet Creek: 135
  • Additional Water Information: The home sits behind Alligator Creek that will lead to the harbor.

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412320105001
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Oversized Lot
  • Lot Dimensions: 105X100X135X100
  • Property Attached Yn: Yes
  • Millage Rate: 16.36
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1261
  • Tax Block: A
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Apr 6, 2018
Sold by
Mclain Lori
Bought by
Beckman Jonathan S and Beckman Stephanie A
Seller's Agent
Curtis Mellon
RE/MAX ALLIANCE GROUP
Buyer's Agent
Thomas Sons
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$119,000
Sold Price
$92,280
Premium/Discount to List
-$26,720
-22.45%
Current Estimated Value
$183,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,733
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Mislenski Leonard
Bought by
Mclain Lori
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 Buyer Sale Price Title Company
Beckman Jonathan S $92,280 Stewart Title Co
Mclain Lori -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclain Lori $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $92,280 -22.5% $85 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
10/19/2017 10/19/17 For Sale $119,000 -- $109 / 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 $1,850 $88,897 $34,000 $54,897
2023 $1,850 $77,958 $0 $0
2022 $1,648 $73,481 $29,750 $43,731
2021 $1,560 $64,428 $25,500 $38,928
2020 $1,534 $64,323 $25,500 $38,823
2019 $1,615 $72,090 $34,000 $38,090
2018 $1,333 $69,850 $32,045 $37,805
2017 $1,256 $63,968 $32,045 $31,923
2016 $1,192 $45,836 $0 $0
2015 $1,070 $41,669 $0 $0
2014 $939 $37,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7244573

Stellar MLS

APN: 412320105001