NOT LISTED FOR SALE

Estimated Value: $118,373 - $175,000

5 Acres
$27,558 Price per Acre
217,800 Sq Ft Lot

Last Sold March 12, 2024

Last sale price $130,000

Est. 6% increase in value since last sale

Current estimated payment $861/month

118 Days on Market

Highlights

  • 5 Acre Lot
  • Cul-De-Sac
  • Zoned For Horses

About This Lot

As of March 2024

Lovely 5 acres, on a cul de sac, located in the equestrian friendly Prairie Creek Park in Punta Gorda. Build your dream home is this beautiful, deed restricted community that offers estate style homes. Enjoy this private and peaceful setting that is conveniently located close to US-41, I-75, schools, abundant shopping & dining. Just minutes to downtown Punta Gorda. Easy access to a multitude of golf courses, world-class fishing, boating, and stunning gulf beaches!

Last Agent to Sell the Property

Laurie Zobel

ZOBEL REAL ESTATE, INC. Brokerage Phone: 941-629-6600 License #479267 Listed on: 10/09/2023

Last Buyer's Agent

Maribeth Dunlap

COLDWELL BANKER REALTY License #3429965

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $962

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 164x547x451x400x330
  • Cul-De-Sac
  • West Facing Home
  • Property is zoned RE5

HOA Fees

  • $48 Monthly HOA Fees

Schools

  • East Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Well
  • Septic Tank

Community Details

  • Palmer Property Management / Anthony Galluzzo Association, Phone Number (941) 875-9273
  • Visit Association Website
  • Praire Creek Park Community
  • Prairie Creek Park Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 402424426001

Property Details

Property Type

Land

Est. Annual Taxes

$962

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5
  • Lot Size Sq Ft: 217800
  • Directions to Property: US-41 S, left on W Olympia Ave, Continue onto Hwy 17/Duncan Rd, right on Washington Loop Rd, right on Prairie Creek Blvd, right on Hidden Valley Cir, left on Bending Willow Ct, look for Zobel sign on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: PORT CHARLOTTE
  • Escrow Postal Code: 33948
  • Escrow State: FL
  • Escrow Street Name: TAMIAMI TRAIL UNIT 8,
  • Escrow Street Number: 1931
  • List Office Head Office Key Nume: 1045726
  • RATIO Current Price By Calculate: 0.60
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Amenities Additional Fees: See attached HOA Docs for community information.
  • Attribution Contact: 941-629-6600
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 18151

Exterior Features

  • Direction Faces: West
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 26000

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 575
  • Association Fee Frequency: Annually
  • Association Name: Palmer Property Management / Anthony Galluzzo
  • Phone: (941) 875-9273
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: anthony@myppm.net
  • Association URL: https://www.myppm.net/

Fee Information

  • Total Annual Fees: 575.00
  • Total Monthly Fees: 47.92
  • Monthly HOA Amount: 47.92

Schools

  • Elementary School: East Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Zoning: RE5
  • Parcel Number: 402424426001
  • Additional Parcels: No
  • Current Use: Horses
  • Lot Features: Cul-De-Sac, In County, Paved, Zoned for Horses
  • Lot Dimensions: 164x547x451x400x330
  • Flood Zone Code: X
  • Lot Size Square Meters: 20234

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 961.98
  • Tax Block: 4
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Mar 12, 2024
Sold by
Peart James and Peart Morleen
Bought by
Colosi Michael and Colosi Ryan
Seller's Agent
Laurie Zobel
ZOBEL REAL ESTATE, INC.
Buyer's Agent
Maribeth Dunlap
COLDWELL BANKER REALTY
List Price
$180,000
Sold Price
$130,000
Premium/Discount to List
-$50,000
-27.78%
Total Days on Market
118
Views
41
Current Estimated Value
$137,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,791
Avg. Annual Appreciation
4.89%
Original Mortgage
$117,000
Outstanding Balance
$115,857
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$21,934

Purchase Details

Closed on
Aug 15, 2007
Sold by
Dunkley Kenneth and Dunkley Joycelyn
Bought by
Peart James and Peart Morleen

Purchase Details

Closed on
Mar 21, 2006
Sold by
El Bietar Hassan I and El Bietar Clarisia M
Bought by
Dunkley Kenneth and Dunkley Joycelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.87%
Mortgage Type
Construction
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
Colosi Michael $130,000 Suncoast One Title & Closings
Peart James $150,000 Florida Abstract & Security
Dunkley Kenneth $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colosi Michael $117,000
Previous Owner Dunkley Kenneth $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $130,000 -27.8% --
02/05/2024 02/05/24 Pending -- -- --
10/09/2023 10/09/23 For Sale $180,000 -- --
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 $986 $65,159 $65,159 $0
2022 $962 $67,228 $67,228 $0
2021 $717 $31,244 $31,244 $0
2020 $694 $30,167 $30,167 $0
2019 $672 $30,167 $30,167 $0
2018 $688 $40,617 $40,617 $0
2017 $610 $30,813 $30,813 $0
2016 $549 $20,622 $0 $0
2015 $503 $18,747 $0 $0
2014 $487 $18,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7481892

Stellar MLS

APN: 402424426001