NOT LISTED FOR SALE

1681 Palace Ct Punta Gorda, FL 33980

Estimated Value: $237,000 - $346,000

2 Beds
2 Baths
1,236 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $191,500 $155 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,819/month

111 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Reverse Osmosis System
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of December 2019

Welcome to the nicest home in Kings Gate. This 2 bedroom, 2 bath, den or dinning room has been completely upgraded inside and out. This home features a screened front entry and overhead garage door is also screened. As you enter, you notice kitchen on the right with tile floor, newer cabinets with under cabinet lighting, quartz counter tops and SS appliances. Dinning room to the left features tile floors and plenty of room for dinning or a den. Great room features wood flooring and sliding doors to a comfortable lanai with tile floor. Both bedrooms feature wood flooring. Master bedroom has walk in closet, dual sinks and walk in shower. Owners extended the lanai by adding a patio deck with an awning out side. AC, Hot water heater and appliances are all newer. This home has a new roof (2018), 2 new toilets and an RO system in the kitchen with a water filter outside for the whole house and much more. Don't miss this one. Kings Gate features a 18 hole executive golf course, a full service restaurant, an olympic size heated pool and hot tub. You may prefer tennis, bocci ball, cards, billiards or dancing. Don't forget to check with the full time activities director.

Last Agent to Sell the Property

Charles Allen

COLDWELL BANKER SUNSTAR REALTY License #3041225 Listed on: 08/17/2019

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Keith Molkenthin

GULF SHORES REALTY License #3431534

GULF SHORES REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 2002

Lot Details

  • 5,503 Sq Ft Lot
  • East Facing Home
  • Corner Lot
  • Metered Sprinkler System
  • Property is zoned PD

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,236 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, cable TV, community pool, ground maintenance, manager, pool maintenance, private road, recreational facilities, security
  • Mary Longares Association, Phone Number (941) 625-8245
  • Kings Gate Community
  • Kings Gate Subdivision
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 2002

Lot Details

0

HOA Fees

$339 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1236
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 5503
  • Directions to Property: From I-75, take exit 170, go south on Kings Hwy.. about 1 mile. Entrance to Kings Gate is on your left just before the Wynn Dixie Plaza. Look for 2 large tall flags marking the entrance to the main gate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7418934?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7418934?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.9346
  • Price per Sq Ft: 154.94
  • Close to Original List Price Ratio: 0.9346
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Range, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1681
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0068F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Pool, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 339.05
  • Association Fee Frequency: Monthly
  • Association Name: Mary Longares
  • Phone: 941-625-8245
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4068.6
  • Monthly HOA Fee: 339.05
  • Total Monthly Fees: 339.05

Lot Info

  • Zoning: PD
  • Parcel Number: 402307327037
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Yes
  • Minimum Lease: 1 Month
  • Approval Process: Check with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Register with the HOA

Tax Info

  • Tax Annual Amount: 1352
  • Tax Block: 13
  • Tax Book Number: 17-56
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Dec 30, 2019
Sold by
Lundberg Arthur P and Lundberg Noreen R
Bought by
Timberlake Thomas Lawrence and Timberlake Patricia Mary
Seller's Agent
Charles Allen
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Keith Molkenthin
GULF SHORES REALTY
List Price
$204,900
Sold Price
$191,500
Premium/Discount to List
-$13,400
-6.54%
Current Estimated Value
$273,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,799
Avg. Annual Appreciation
6.30%
Original Mortgage
$120,000
Outstanding Balance
$106,229
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$167,070

Purchase Details

Listed on
Jun 6, 2018
Closed on
Sep 13, 2018
Sold by
Lundberg Arthur P
Bought by
Lundberg Arthur P and Lundberg Noreen R
Seller's Agent
Charles Allen
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Sharon Kerr
COLDWELL BANKER SUNSTAR REALTY
List Price
$189,900
Sold Price
$180,500
Premium/Discount to List
-$9,400
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 11, 2018
Sold by
Rankin Betty M and The Rankin Family Revocable Tr
Bought by
Lundberg Arthur P and Lundberg Noreen R
Seller's Agent
Charles Allen
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Sharon Kerr
COLDWELL BANKER SUNSTAR REALTY
List Price
$189,900
Sold Price
$180,500
Premium/Discount to List
-$9,400
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Lefebvre Charles L and Lefebvre Sandra J
Bought by
Rankin Henry and Rankin Betty M

Purchase Details

Closed on
Oct 22, 2002
Sold by
W R I Assoc Ltd
Bought by
Lefebvre Charles L and Lefebvre Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,600
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Kingsgate Assoc Ii Ltd
Bought by
Lefebvre Charles L and Lefebvre Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 25, 2002
Sold by
W R I Associates Ltd
Bought by
Lefebvre Charles L and Lefebvre Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.98%

Purchase Details

Closed on
Apr 20, 2002
Sold by
Kingsgate Assoc Ii Ltd
Bought by
Lefebvre Charles L and Lefebvre Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.98%
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
Timberlake Thomas Lawrence $191,500 Stewart Title Company
Lundberg Arthur P -- Attorney
Lundberg Arthur P $180,500 R & R Title Svcs Llc
Rankin Henry $164,900 Florida Abstract & Security
Lefebvre Charles L -- --
Lefebvre Charles L -- --
Lefebvre Charles L $59,550 --
Lefebvre Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timberlake Thomas Lawrence $120,000
Previous Owner Lundberg Arthur P $152,000
Previous Owner Lefebvre Charles L $68,600
Previous Owner Lefebvre Charles L $66,000
Previous Owner Lefebvre Charles L $66,000
Previous Owner Lefebvre Charles L $68,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2019 12/30/19 Sold $191,500 -6.5% $155 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $204,900 0.0% $166 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $204,900 +13.5% $166 / Sq Ft
08/02/2018 08/02/18 Sold $180,500 -4.9% $146 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $189,900 -- $154 / 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 $551 $161,950 $0 $0
2022 $509 $157,233 $0 $0
2021 $499 $152,653 $0 $0
2020 $467 $150,545 $25,500 $125,045
2019 $1,193 $86,125 $0 $0
2018 $1,352 $107,658 $0 $0
2017 $1,330 $105,444 $0 $0
2016 $1,313 $103,275 $0 $0
2015 $1,298 $102,557 $0 $0
2014 $1,280 $101,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7418934

Stellar MLS

APN: 402307327037