NOT LISTED FOR SALE

Estimated Value: $697,000 - $791,000

3 Beds
2.5 Baths
2,252 Sq Ft
$335/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $700,000 $311 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,130/month

47 Days on Market

Highlights

  • 49 Feet of Waterfront
  • Dock made with concrete
  • Water access To Gulf or Ocean
  • Sallie Jones Elementary School Rated A-
  • Golf Course Community
  • Boat Lift

About This Home

As of March 2023

GULF ACCESS WATERFRONT w/ NEW ROOF OCTOBER 2022....Welcome to your piece of Florida paradise! Located in highly sought-after PUNTA GORDA ISLES. This waterfront property is a boater's dream with concrete seawall, dock and boatlift! Enjoy open water access, just minutes away from the Harbor. This custom-built home by Masada boasts over 2200 square feet of living space and features the open/split floor plan providing perfect spaces for all. Large open kitchen with classic white cabinets, solid surface counters, pantry, cooktop island with breakfast bar area, microwave/oven wall and pass thru window to lanai area. Completely open living/dining area, tall ceilings, columns and arches make this house perfect for entertaining. Living room features custom built ins for TV and collectibles, fireplace and full bar. Tall sliders open up to lanai area with pristine pool, pool bath, built in Jenn Aire grill with sink, pool supply storage closet and Accordion shutters. The left wing of the house is the guest quarters which has 2 oversized bedrooms, full bathroom, large storage closet and quaint private lanai. Owner's suite occupies the right side of the house: large bedroom with bay window letting in lots of natural light and beautiful water view, sliders to the lanai, his/her closets, large linen closet, garden tub, separate shower, water closet, 2 separate vanities, one with make-up station. Curb appeal galore...house is built up high (3 steps up) with double glass door entrance, house is surrounded by mature landscaping, rocks and curbing. Close to I-75/US41 and nearby to Fishermen's Village, downtown Punta Gorda shops & restaurants, great boating, fishing, sailing, and more. Come enjoy the Florida lifestyle in this impressive home. HOUSE IS BEING SOLD FURNISHED, 'AS IS'.

Last Agent to Sell the Property

Amy Heck

RE/MAX PALM REALTY License #3226942 Listed on: 01/16/2023

RE/MAX PALM REALTY

Last Buyer's Agent

Colleen Sullivan

GLOBAL FLORIDA REALTY License #3334062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,987

Year Built

  • Built in 1996

Lot Details

  • 10,334 Sq Ft Lot
  • 49 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Property is zoned GS-3.5

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,252 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Canal Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Lap Pool
  • Gunite Pool
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Dock made with concrete

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Punta Gorda Isles Community
  • Punta Gorda Isles Sec 11 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,987

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2252
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 3209
  • Lot Size Sq Ft: 10334
  • Directions to Property: Shreve street to Magdalina to Freeport
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7470011?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7470011?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96552
  • Price per Sq Ft: 310.83
  • Close to Original List Price Ratio: 0.93333
  • Ratio: Current Price\Building Area Total: 218.14
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 228
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Lap, Lighting
  • Exterior Features: Hurricane Shutters
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Brackish, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Dock - Concrete, Lift, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0241F
  • Waterfront Frontage: 49
  • Water Frontage Feet Canal Salt: 49

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 Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: GS-3.5
  • Parcel Number: 412212478004
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5987
  • Tax Block: 102
  • Tax Book Number: 1-7
  • Tax Lot: 19

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 22, 2023
Sold by
Aye William E
Bought by
Cedar Bridge Properties Llc
Seller's Agent
Amy Heck
RE/MAX PALM REALTY
Buyer's Agent
Colleen Sullivan
GLOBAL FLORIDA REALTY
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
84
Current Estimated Value
$754,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,052
Avg. Annual Appreciation
3.20%
Original Mortgage
$701,000
Outstanding Balance
$680,530
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$73,522

Purchase Details

Closed on
Nov 19, 2002
Sold by
Grasso Fred D
Bought by
Aye William E and Aye Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.3%

Purchase Details

Closed on
May 23, 2002
Sold by
Palmer Daniel W
Bought by
Palmer Daniel W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2002
Sold by
Palmer Gregory J
Bought by
Grasso Fred D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2002
Sold by
Palmer Evelyn F and Palmer Daniel W
Bought by
Grasso Fred D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Cedar Bridge Properties Llc $700,000 Suncoast One Title & Closings
Aye William E $400,000 --
Palmer Daniel W -- --
Grasso Fred D $370,000 --
Grasso Fred D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cedar Bridge Properties Llc $701,000
Previous Owner Aye William E $40,000
Previous Owner Aye William E $282,000
Previous Owner Aye William E $35,000
Previous Owner Aye William E $225,000
Previous Owner Aye William E $200,000
Previous Owner Aye William E $50,000
Previous Owner Aye William E $125,000
Previous Owner Palmer Daniel W $296,000
Previous Owner Grasso Fred D $37,000
Previous Owner Grasso Fred D $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $700,000 -3.4% $311 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $725,000 -2.0% $322 / Sq Ft
01/31/2023 01/31/23 Price Changed $740,000 -1.3% $329 / Sq Ft
01/16/2023 01/16/23 For Sale $750,000 -- $333 / 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 $12,251 $665,159 $193,800 $471,359
2023 $12,251 $654,554 $193,800 $460,754
2022 $6,323 $354,425 $0 $0
2021 $5,987 $344,102 $0 $0
2020 $5,690 $339,351 $0 $0
2019 $5,720 $331,721 $0 $0
2018 $5,267 $322,676 $0 $0
2017 $5,135 $316,039 $0 $0
2016 $5,126 $309,539 $0 $0
2015 $5,174 $307,387 $0 $0
2014 $5,129 $304,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7470011

Stellar MLS

APN: 412212478004