NOT LISTED FOR SALE

1657 Palace Ct Punta Gorda, FL 33980

Estimated Value: $220,000 - $252,000

2 Beds
2 Baths
1,091 Sq Ft
$220/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $276,000 $253 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,712/month

150 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Great Room

About This Home

As of September 2023

Welcome to the luxurious 55+ gated community of Kings Gate, where the Florida sun shines bright and the living is easy. This stunning home boasts a lush executive 18-hole golf course right at your doorstep, so you can tee off whenever you please! Step inside and you'll find the home features plantation shutters, creating a warm and inviting atmosphere. Freshly painted inside and out in clean neutral colors, this home is ready for you to move in and make it your own. Partially furnished for your convenience, this home also comes with a new garage door opener. This comfortable home offers a spacious open kitchen, 2 bedrooms, 2 baths, and a den, perfect for entertaining family and friends. Enjoy summer BBQs on the large screened lanai, and take in the beautiful Florida scenery. The home is adorned with tile throughout and features updated baths and a new roof, ensuring a worry-free living experience. The Kings Gate community is truly an active retiree's paradise, with an Olympic-sized swimming pool, tennis and bocce ball courts, billiards, a recreation center, and a restaurant all available at your leisure. The activities director is always on hand to organize card games, crafting, events, and more, so you can make new friends and live life to the fullest. With the HOA taking care of yard maintenance, you'll have even more time to soak up the sun and enjoy everything this vibrant community has to offer. And the best part? You won't have to worry about flood insurance, as this home is NOT located in a flood zone. Come and start loving life in this charming home and the gated community of Kings Gate. It's time to make retirement the best years of your life.

Last Agent to Sell the Property

Tim Parr

CENTURY 21 SUNBELT REALTY Brokerage Phone: 941-629-3188 License #3339512 Listed on: 03/08/2023

CENTURY 21 SUNBELT 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

  • $863

Year Built

  • Built in 2002

Lot Details

  • 5,702 Sq Ft Lot
  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,091 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Schools

  • Kingsway Elementary School
  • Port Charlotte Middle School
  • Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include 24-Hour Guard, cable TV, pool, ground maintenance, security
  • Mark Childers Association, Phone Number (941) 889-6613
  • Kings Gate Community
  • Kings Gate Ph 02 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 2002

Lot Details

0

HOA Fees

$358 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Pool, Maintenance Grounds, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1091
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 1592
  • Lot Size Sq Ft: 5702
  • Directions to Property: From I-75, take exit 170, go south/SW on Kings Hwy about 1 mile to Kings Gate front gate on your left. Watch for 2 large flags waving high on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Port Charlotte
  • Escrow Postal Code: 33948
  • Escrow State: FL
  • Escrow Street Name: Tamiami Tr
  • Escrow Street Number: 1931
  • List Office Head Office Key Nume: 1045717
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 252.98
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1657
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 101.36
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2003-05-05
  • Flood Zone Panel: 12015C0068F

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, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated, Golf Carts OK, Golf, Pool, Tennis Courts
  • Association Fee: 357.5
  • Association Fee Frequency: Monthly
  • Association Name: Mark Childers
  • Phone: 941-889-6613
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Domestic Pets
  • Association Fee Requirement: Required
  • Association Email: mchilders@castlegroup.com

Fee Information

  • Total Annual Fees: 4290.00
  • Total Monthly Fees: 357.50
  • Monthly HOA Amount: 357.50

Schools

  • Elementary School: Kingsway
  • High School: Charlotte High
  • Middle Or Junior School: Port Charlotte Middle

Lot Info

  • Zoning: PD
  • Parcel Number: 402307327031
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 530

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with the Association.

Tax Info

  • Tax Annual Amount: 863.34
  • Tax Block: 13
  • Tax Book Number: 18-18
  • Tax Lot: 18

Multi Family

  • Approval Process: Register with the Association

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Sep 4, 2019
Sold by
Drury Pauline C
Bought by
Miller Richard and Schofield Miller Anne Marie
Seller's Agent
Charles Allen
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Tim Parr
CENTURY 21 SUNBELT REALTY
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$239,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,624
Avg. Annual Appreciation
6.80%
Original Mortgage
$130,000
Outstanding Balance
$114,838
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$130,435

Purchase Details

Closed on
Jul 22, 2005
Sold by
Teitlebaum Daniel C and The Daniel C Teitlebaum Revoca
Bought by
Drury Paul C and Drury Pauline C

Purchase Details

Closed on
Jan 24, 2002
Sold by
W R I Assoc Ltd
Bought by
Daniel C Teitelbaum Rev Tr Agreement
Source: Public Records

Range of Values:

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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
Miller Richard $165,000 Dba Premier Title Of Florida
Drury Paul C $139,000 North American Title Co
Daniel C Teitelbaum Rev Tr Agreement -- --
Daniel C Teitelbaum Rev Tr Agreement $95,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Richard $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $276,000 +0.4% $253 / Sq Ft
08/06/2023 08/06/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $275,000 -8.3% $252 / Sq Ft
06/09/2023 06/09/23 For Sale $299,900 +8.7% $275 / Sq Ft
05/01/2023 05/01/23 Off Market $276,000 -- --
05/01/2023 05/01/23 Price Changed $299,900 0.0% $275 / Sq Ft
05/01/2023 05/01/23 For Sale $299,900 +8.7% $275 / Sq Ft
03/14/2023 03/14/23 Off Market $276,000 -- --
03/08/2023 03/08/23 For Sale $325,000 +97.0% $298 / Sq Ft
09/04/2019 09/04/19 Sold $165,000 -4.8% $151 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
05/11/2019 05/11/19 Price Changed $173,300 -3.7% $159 / Sq Ft
03/18/2019 03/18/19 For Sale $179,900 -- $165 / 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
2023 $921 $103,335 $0 $0
2022 $863 $100,325 $0 $0
2021 $2,799 $138,919 $25,500 $113,419
2020 $2,705 $134,203 $25,500 $108,703
2019 $2,651 $133,152 $25,500 $107,652
2018 $2,430 $128,962 $25,500 $103,462
2017 $2,398 $127,892 $23,800 $104,092
2016 $2,255 $112,352 $0 $0
2015 $2,078 $102,138 $0 $0
2014 $1,884 $92,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7472325

Stellar MLS

APN: 402307327031