NOT LISTED FOR SALE

1717 Palace Ct Punta Gorda, FL 33980

Estimated Value: $300,000 - $327,000

3 Beds
2 Baths
1,721 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $210,000 $122 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,244/month

174 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Gated Community
  • Waterfront Tip Lot
  • Active Adult
  • Pond View

About This Home

As of May 2020

IT CAN NOT BE OVERSTATED! A Large 8269 sq ft lot offering a Choice Cul de Sac Location with Golf Course and Lake Views. This 3 bed 2 bath home in the elegant gated community of Kings Gate has all you'll need to enjoy life to its fullest. A screened tiled entryway welcomes you as you step in on beautiful hardwood flooring. Note the high ceilings and its feelings of openness. The roomy living/dining room combo opens out to spacious views and, to the left, the tranquil views of a lake and manicured 6th green. The Family Room, large bright kitchen and cozy breakfast nook make up the living space behind the 2 car garage. The Laundry Room has a full sized Washer & Dryer and storage cabinets. The super large kitchen has lots of counter space, a large center island and includes glass stove top, built in microwave, dishwasher and lots of cabinet space. Behind the Family Room through glass sliders is the tiled Lanai and its earlier mentioned views. The large Master bedroom has Berber Carpeting and an upgraded ceiling fan. Two walk-in closets separate it from the Master Bathroom with its deep soaking tub, double sink vanity, large walk-in shower, linen closet, high toilet and tiled flooring. Both bedrooms 2 and 3 are ample size as one is now set up as a den/office. A/C was replaced in 2018. Kings Gate is a 55+ Active community featuring an 18 hole Exec Golf Course, Club House, Heated Olympic-Sized pool, tennis and a fitness center. A $150 Transfer Fee and $500 Capital Contribution fee payable at closing to HOA.

Last Agent to Sell the Property

Tim Parr

CENTURY 21 SUNBELT REALTY License #3339512 Listed on: 09/29/2019

CENTURY 21 SUNBELT REALTY

Last Buyer's Agent

Vickie Teel

RE/MAX PALM PCS License #3247553

RE/MAX PALM PCS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1998

Lot Details

  • 8,269 Sq Ft Lot
  • Waterfront Tip Lot
  • Property fronts a private road
  • On Golf Course
  • Street terminates at a dead end
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PD

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Pond
  • Golf Course

Home Design

  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,721 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Sun or Florida Room
  • Inside Utility
  • Walk-Up Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

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

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 1998

Lot Details

0

HOA Fees

$339 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Manager, Pool Maintenance, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1721
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2420
  • Lot Size Sq Ft: 8269
  • Directions to Property: From Kings Hwy at Hwy 41 drive North on Kings Hwy. Turn Right into Kings Gate on Westgate Blvd. Stop at guard shack before showing. Take second Right on Palace Ct. Home is end home on cul de sac.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7420492?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7420492?w=Customer
  • FCHR URL: No
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.95498
  • Price per Sq Ft: 122.02
  • Close to Original List Price Ratio: 0.81395
  • Ratio: Current Price\Building Area Total: 86.78
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 1717
  • Room Count: 9
  • Additional Rooms: Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Golf Course, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0068F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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 Fee: 339
  • Association Fee Frequency: Monthly
  • Association Name: MARY LONGARES
  • Phone: 941 625-8245
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: mlongares@melrosemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4068
  • Monthly HOA Fee: 339
  • Total Monthly Fees: 339

Lot Info

  • Zoning: PD
  • Parcel Number: 402307377006
  • Additional Parcels: No
  • Lot Features: In County, On Golf Course, Tip Lot
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Submit Lease Agreement to HOA.
  • Pet Restrictions: Domestic; non-aggressive
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: ONE TENANT MUST BE 55 OR OLDER. NO CHILDREN UNDER 18 YEARS OF AGE MAY BE IN THE HOME MORE THAN 30 DAYS PER YEAR.

Tax Info

  • Tax Annual Amount: 2241.85
  • Tax Block: 11
  • Tax Book Number: 17-56
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2019
Closed on
May 5, 2020
Sold by
Kolenda Betty Carder and Carder Brenda
Bought by
Teel Steven W and Teel Victoria L
Seller's Agent
Tim Parr
CENTURY 21 SUNBELT REALTY
Buyer's Agent
Vickie Teel
RE/MAX PALM PCS
List Price
$239,000
Sold Price
$210,000
Premium/Discount to List
-$29,000
-12.13%
Current Estimated Value
$313,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,669
Avg. Annual Appreciation
7.61%
Original Mortgage
$217,560
Outstanding Balance
$193,860
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$119,809

Purchase Details

Closed on
Feb 10, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Carder Brenda and Carder Kolenda Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2010
Sold by
Chase Home Finance Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 1, 2010
Sold by
Raelson Carolyn J and Kings Gate Homeowners Associat
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Aug 30, 2002
Sold by
Sitte Gerald H and Sitte Harriet E
Bought by
Raelson August B and Raelson Carolyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,210
Interest Rate
6.31%
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
Teel Steven W $210,000 Hometown Ttl & Closing Svcs
Carder Brenda $130,000 New House Title
Federal Home Loan Mortgage Corp -- New House Title
Chase Home Finance Llc -- None Available
Raelson August B $166,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teel Steven W $217,560
Previous Owner Carder Brenda $75,000
Previous Owner Raelson August B $150,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Sold $210,000 -4.5% $122 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
02/13/2020 02/13/20 Price Changed $219,900 -2.2% $128 / Sq Ft
01/16/2020 01/16/20 Price Changed $224,900 -5.9% $131 / Sq Ft
12/08/2019 12/08/19 For Sale $239,000 0.0% $139 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
11/30/2019 11/30/19 Price Changed $239,000 -7.4% $139 / Sq Ft
09/29/2019 09/29/19 For Sale $258,000 -- $150 / 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 $2,965 $192,163 $0 $0
2022 $2,851 $186,566 $0 $0
2021 $2,847 $181,132 $34,000 $147,132
2020 $2,314 $150,455 $0 $0
2019 $2,242 $147,827 $0 $0
2018 $2,114 $144,231 $0 $0
2017 $2,100 $141,224 $0 $0
2016 $2,026 $131,769 $0 $0
2015 $1,984 $127,652 $0 $0
2014 $1,889 $120,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7420492

Stellar MLS

APN: 402307377006