NOT LISTED FOR SALE

2507 Klass Terrace Port Charlotte, FL 33981

Gulf Cove Neighborhood

Estimated Value: $607,141 - $847,000

3 Beds
2 Baths
2,178 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 13, 2012

Last sale price $214,100 $98 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $4,425/month

12 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Indoor Pool
  • Open Floorplan
  • Deeded Boat Dock
  • River View
  • Cathedral Ceiling

About This Home

As of January 2012

Foreclosed Bank Owned waterfront 3 bedroom 2 bath pool home with a beautiful view of the Myakka River. Home has a split bedroom plan offering privacy for you and your guests. In addition, each bedroom has a peaceful water view. The kitchen and livingroom open to the pool/lanai area and offer unlimited entertaining opportunities or just a quiet place for the family to gather. For the boater/fisherman, the property has approximately 150 feet of concrete seawall with a dock, and the framework for a davit system is in place. Call today for a private showing. OFFERS ARE SUBJECT TO BANK OF AMERICA'S APPROVAL & ANY OFFERS OR COUNTER OFFERS BY BANK OF AMERICA ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES.

Last Agent to Sell the Property

Robert Stevenson

PARADISE EXCLUSIVE INC License #3048658 Listed on: 11/29/2011

PARADISE EXCLUSIVE INC

Last Buyer's Agent

Julie Starbuck

TALL PINES REALTY License #3216548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,379

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • 150 Feet of Waterfront
  • Property fronts a saltwater canal
  • Cul-De-Sac
  • South Facing Home
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • River
  • Canal

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,178 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Inside Utility
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Indoor Pool
  • Screened Pool
  • Spa
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Deeded Boat Dock

Schools

  • Myakka River Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gulf Cove Community
  • Port Charlotte Sec 60 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,379

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2178
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2814
  • Lot Size Sq Ft: 13604
  • Directions to Property: 776, Gillot Blvd, right on Stone, left on Holcomb Rd. right on Klass
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1037893
  • RATIO Current Price By Calculate: 98.30
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Slip Deeded On-Site
  • Tax Year: 2010
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave Hood, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 2507
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 202.34
  • Room Count: 9

Exterior Features

  • Direction Faces: South
  • Pool Features: Child Safety Fence, Indoor, Screen Enclosure
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: MYAKKA RIVER
  • Waterfront: Yes
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal,River
  • Water View YN: 1
  • Waterfront Feet Total: 150

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None
  • Subdivision Section Number: 60

Schools

  • Elementary School: Myakka River Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402118382001
  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0100

Rental Info

  • Expected Lease Date: 2012-01-13T00:00:00.000

Tax Info

  • Tax Annual Amount: 4379
  • Tax Block: 1998
  • Tax Lot: 233

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2011
Closed on
Dec 29, 2011
Sold by
The Bank Of New York Mellon
Bought by
Starbuck Richard
Seller's Agent
Robert Stevenson
PARADISE EXCLUSIVE INC
Buyer's Agent
Julie Starbuck
TALL PINES REALTY
List Price
$214,100
Sold Price
$214,100
Current Estimated Value
$704,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,685
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Sep 27, 2011
Sold by
Mcdonald Jeffrey P and Mcdonald Mark J
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 5, 2005
Sold by
Robertson Marty
Bought by
Mcdonald Jeffrey P and Mcdonald Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Bibens Eric R
Bought by
Mcdonald Jeffrey F and Mcdonald Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
Bibens Eric R and Bibens Dorothy R
Bought by
Bibens Eric R
Source: Public Records

Range of Values:

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Average Value
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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
Starbuck Richard $214,100 Stewart Title Company
The Bank Of New York Mellon $207,100 None Available
Mcdonald Jeffrey P -- Chelsea Title Company
Mcdonald Jeffrey F $340,000 --
Bibens Eric R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Jeffrey P $570,500
Previous Owner Mcdonald Jeffrey F $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2012 01/13/12 Sold $214,100 0.0% $98 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/29/2011 11/29/11 For Sale $214,100 -- $98 / 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 $8,734 $331,594 $0 $0
2022 $8,553 $322,723 $0 $0
2021 $8,570 $313,323 $0 $0
2020 $8,378 $308,997 $0 $0
2019 $8,252 $302,050 $0 $0
2018 $7,896 $296,418 $0 $0
2017 $4,799 $290,321 $0 $0
2016 $4,734 $284,350 $0 $0
2015 $4,754 $282,373 $0 $0
2014 $4,718 $280,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Stevenson

    Seller's Agent in 2012

    Robert Stevenson

    PARADISE EXCLUSIVE INC

    (941) 716-4052

    5 in this area

    30 Total Sales

    Robert Stevenson
    Section Image
  • Julie Starbuck

    Buyer's Agent in 2012

    Julie Starbuck

    TALL PINES REALTY

    (941) 268-4837

    8 in this area

    87 Total Sales

    Julie Starbuck
    Section Image
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Map

Source: Stellar MLS

MLS Number: D5785416

Stellar MLS

APN: 402118382001

Florida Charlotte County Port Charlotte 33981 Gulf Cove

2507 Klass Terrace, Port Charlotte, FL

This home is located at 2507 Klass Terrace, Port Charlotte, FL 33981 since 29 November 2011 and is currently estimated at $704,785, approximately $323 per square foot. This property was built in 1988. 2507 Klass Terrace is a home located in Charlotte County with nearby schools including Myakka River Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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