NOT LISTED FOR SALE

2611 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $576,000 - $876,879

0.23 Acre
$3,019,435 Price per Acre
9,899 Sq Ft Lot

Last Sold June 07, 2019

Last sale price $51,500

Est. 1,420% increase in value since last sale

Current estimated payment $5,035/month

33 Days on Market

Highlights

  • 90 Feet of Waterfront
  • Boat Ramp
  • Canal View
  • Sallie Jones Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Clubhouse

About This Lot

As of June 2019

You're not going to find a better deal on a 90 foot wide waterfront lot. It's cleared, surveyed and ready to build and you save $6,794.00 in impact fees and water meter that have already been paid. There is a Rip Rap seawall with a concrete cap in place. Charlotte Park is a popular place to live because there are no pesky deed restrictions to contend with. Just 2 bridges to Alligator Creek and some of the best fishing spots around. Only minutes to historic downtown Punta Gorda and great dining, shopping, water front parks, galleries, local events and much more. There is an easy commute to I-75 or nearby Punta Gorda and Southwest Florida International Airports. Charlotte Park does have an OPTIONAL Home Owners Association and its own private boat ramp and Civic Association Building for all members.

Last Agent to Sell the Property

Vicki Biehl

CENTURY 21 SUNBELT REALTY License #3228334 Listed on: 03/21/2019

CENTURY 21 SUNBELT REALTY

Last Buyer's Agent

John Bockin, PA

RE/MAX HARBOR REALTY License #679728

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $798

Lot Details

  • 9,899 Sq Ft Lot
  • Lot Dimensions are 90 x 110
  • 90 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a county road
  • Unincorporated Location
  • West Facing Home
  • Cleared Lot
  • Property is zoned RSF3.5

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Canal Views

Utilities

  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 31 / B
  • Assessor Parcel Number 412318131001

Community Details

Overview

  • Charlotte Park Community
  • Charlotte Park Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Water access To Gulf or Ocean
  • Fixed Bridges
  • Access to Saltwater Canal
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$798

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9899
  • Directions to Property: S 41, Right Pompano Terrace, Left Vasco St., right Dolphin Parkway at dead end is Magnolia Way property on Right.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.93636
  • Price per Sq Ft: 5.2
  • Close to Original List Price Ratio: 0.93636
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2611

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: County Road
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Bridges - Fixed, Riprap
  • Water View Y N: Yes
  • Front Footage: 90
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0241F
  • Waterfront Frontage: 90
  • Water Frontage Feet Canal Salt: 90

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electrical Nearby, Electricity Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Private Boat Ramp
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318131001
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, In County, Unincorporated
  • Lot Dimensions: 90 X 110
  • Price Per Acre: 223913
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 798
  • Tax Block: B
  • Tax Lot: 31

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Schwartz Nina Ellen
Bought by
Cain Zachary J and Cain Lauren
Current Estimated Value
$782,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,000
Outstanding Balance
$276,900
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$479,652

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 22, 2019
Sold by
Biehl Randy L and Biehl Vicki
Bought by
Schwartz Nina Ellen
Seller's Agent
Vicki Biehl
CENTURY 21 SUNBELT REALTY
Buyer's Agent
John Bockin, PA
RE/MAX HARBOR REALTY
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.58%

Purchase Details

Closed on
Dec 14, 2015
Sold by
Gaughan Robert
Bought by
Biehl Randy L and Biechl Vicki

Purchase Details

Closed on
Sep 24, 2014
Sold by
Suntrust Bank
Bought by
Gaughan Robert

Purchase Details

Closed on
Apr 8, 2014
Sold by
Leeds Michael L and Leeds Leanne L
Bought by
Suntrust Bank

Purchase Details

Closed on
Jul 22, 2005
Sold by
Knight Douglas M and Knight Sharon K
Bought by
Leeds Michael L and Leeds Leanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 21, 2004
Sold by
Didomenico Elizabeth A
Bought by
Stabler Ian S and Stabler Frances E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2004
Sold by
Didomenico Elizabeth A
Bought by
Stabler Ian S and Stabler Frances E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,024
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Gambill Mattern Denise and Mattern Denise
Bought by
Didomenico Elizabeth A

Purchase Details

Closed on
Feb 28, 2001
Sold by
Fetzner Donald N
Bought by
Mattern Denis Gambill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,680
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2001
Sold by
Sims Jane
Bought by
Stephenson Geraldine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,680
Interest Rate
7.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cain Zachary J -- Hometown Ttl & Closing Svcs
Schwartz Nina Ellen $51,500 Burnt Store T&E Llc
Biehl Randy L $26,500 Burnt Store Title & Escrow L
Gaughan Robert $20,000 Boston Natl Title Agency Llc
Suntrust Bank $30,100 None Available
Leeds Michael L $192,500 Executive Title Ins Svcs Inc
Stabler Ian S -- --
Stabler Ian S -- --
Didomenico Elizabeth A $76,000 --
Mattern Denis Gambill $65,900 --
Stephenson Geraldine V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cain Zachary J $307,000
Previous Owner Leeds Michael L $141,000
Previous Owner Knight Douglas M $75,000
Previous Owner Stabler Ian S $110,500
Previous Owner Stabler Ian S $75,024
Previous Owner Mattern Denis Gambill $52,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $51,500 -6.4% --
04/23/2019 04/23/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $55,000 -- --
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 $8,954 $557,083 $0 $0
2022 $8,709 $540,857 $68,000 $472,857
2021 $897 $34,000 $34,000 $0
2020 $864 $32,300 $32,300 $0
2019 $824 $29,750 $29,750 $0
2018 $798 $29,750 $29,750 $0
2017 $859 $33,150 $33,150 $0
2016 $868 $33,150 $0 $0
2015 $907 $34,850 $0 $0
2014 $788 $35,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7413541

Stellar MLS

APN: 412318131001