NOT LISTED FOR SALE

2881 Coral Way Punta Gorda, FL 33950

Punta Gorda Isles Neighborhood

Estimated Value: $1,111,000 - $1,322,000

3 Beds
3 Baths
3,311 Sq Ft
$359/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $830,000 $251 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,214/month

119 Days on Market

Highlights

  • 164 Feet of Waterfront
  • Dock made with concrete
  • Boat Lift
  • Sallie Jones Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Screened Pool

About This Home

As of March 2020

WATERFRONT STUNNER W/QUICK SAIL ACCESS! This updated, 3 bed/3 bath, waterfront home offers 164ft of seawall, a fabulous view of intersecting canals & very quick sailboat access to Charlotte Harbor. Inside, the home has a spacious, open floor plan w/great room, formal dining area & separate media viewing area. The great room has a wood burning fireplace & sliders leading out to the lanai. Architectural details are cathedral ceilings, exposed beams & a beautiful, custom kitchen that will be the envy of your neighbors. The kitchen has Showplace custom wood cabinetry w/soft close features, quartz counters, under cabinet lighting & iridescent glass tile back splash. Kitchen offers stainless steel appliances including a JennAir built-in dual convection oven & microwave & JennAir beverage/wine refrigerator. The master suite is like no other - a walk-in closet converted from a bedroom, a spa-like master bath & an oversized bedroom w/picture windows taking full advantage of the view! Large guest rooms-one w/an en-suite bath. Outside, the lanai features two covered areas (one w/a built-in fireplace) & an in-ground, heated pool. Backyard has an extended, wraparound, concrete dock w/10,000 boat lift. Water & electric hook-ups available dockside. Set sail on your latest adventure from your own backdoor - reaching open water in mere minutes! Lush, tropical landscaping surrounds the home. Other features include oversized 2-car garage, hurricane protection w/impact glass on most openings & zoned A/C system.

Last Agent to Sell the Property

Luke Andreae

RE/MAX HARBOR REALTY License #3056380 Listed on: 10/07/2019

RE/MAX HARBOR REALTY

Last Buyer's Agent

OUT OF AREA REALTOR

License #66666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,091

Year Built

  • Built in 1981

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 47x128x164x168
  • 164 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned GS-3.5

Parking

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

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,311 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Home Theater
  • Inside Utility
  • Canal Views

Kitchen

  • Built-In Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • River Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Screened Patio

Location

  • Flood Zone Lot
  • City Lot

Schools

  • Sallie Jones Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Punta Gorda Isles Community
  • Punta Gorda Isles Sec 02 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,091

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3311
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 5020
  • Lot Size Sq Ft: 15753
  • Directions to Property: From US41, go west on Marion Ave. Right on Bayshore Ct. Left on Coral Way.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7421001?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7421001?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: PGI
  • Subdivision Section Number: 2
  • Ratio: Close Price\List Price: 0.94857
  • Price per Sq Ft: 250.68
  • Close to Original List Price Ratio: 0.94857
  • Ratio: Current Price\Building Area Total: 165.34
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Other Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Open Floorplan, Skylight(s), Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Storm Window(s)
  • Street Number Modifier: 2881
  • Room Count: 13
  • Additional Rooms: Inside Utility, Media Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: French Doors, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Tarpon Inlet Canal
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, River
  • Water Extras: Bridges - No Fixed Bridges, Dock - Concrete, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0237F
  • Waterfront Frontage: 164
  • Water Frontage Feet Canal Salt: 164

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Sallie Jones Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Zoning: GS-3.5
  • Parcel Number: 412211305003
  • Additional Parcels: No
  • Lot Features: FloodZone, City Lot, Oversized Lot
  • Lot Dimensions: 47x128x164x168
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 10091
  • Tax Block: 20
  • Tax Book Number: 5-30
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Mar 18, 2020
Sold by
Stokem Donald C and Stokem Judy J
Bought by
Davey Kathleen B and Davey Kathleen B
Seller's Agent
Luke Andreae
RE/MAX HARBOR REALTY
Buyer's Agent
OUT OF AREA REALTOR
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$1,189,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,542
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
May 31, 2011
Closed on
May 4, 2012
Sold by
Bowles William A and Bowles Suzanne L
Bought by
Stokem Donald C and Stokem Judy J
Seller's Agent
Brian Helgemo
COMPASS FLORIDA
Buyer's Agent
Hyrette Guenther
RE/MAX ANCHOR OF MARINA PARK
List Price
$555,500
Sold Price
$555,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$416,625
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1995
Sold by
Sipple James H and Sipple Jacqueline M
Bought by
Bowles William A and Bowles Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
8.59%
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
Davey Kathleen B $830,000 First International Ttl Inc
Stokem Donald C $555,500 Attorney
Bowles William A $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stokem Donald C $416,625
Previous Owner Bowles William A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $830,000 -5.1% $251 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $875,000 +57.5% $264 / Sq Ft
05/04/2012 05/04/12 Sold $555,500 0.0% $175 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
05/31/2011 05/31/11 For Sale $555,500 -- $175 / 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 $10,899 $615,736 $0 $0
2022 $10,502 $597,802 $0 $0
2021 $10,153 $580,390 $0 $0
2020 $10,116 $556,392 $340,000 $216,392
2019 $9,902 $589,751 $340,000 $249,751
2018 $10,091 $576,337 $332,350 $243,987
2017 $9,349 $528,583 $332,350 $196,233
2016 $9,377 $519,343 $0 $0
2015 $8,796 $476,744 $0 $0
2014 $8,586 $462,891 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Andreae

    Seller's Agent in 2020

    Luke Andreae

    RE/MAX

    (941) 833-4217

    270 in this area

    662 Total Sales

    Luke Andreae
    Section Image

  • O

    Buyer's Agent in 2020

    OUT OF AREA REALTOR

  • Brian Helgemo

    Seller's Agent in 2012

    Brian Helgemo

    COMPASS FLORIDA

    (941) 380-3727

    183 in this area

    1,549 Total Sales

    Brian Helgemo
    Section Image
  • Hyrette Guenther

    Buyer's Agent in 2012

    Hyrette Guenther

    RE/MAX

    (941) 661-2101

    5 Total Sales

    Hyrette Guenther
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: C7421001

Stellar MLS

APN: 412211305003

Florida Charlotte County Punta Gorda 33950 Punta Gorda Isles

2881 Coral Way, Punta Gorda, FL

This home is located at 2881 Coral Way, Punta Gorda, FL 33950 since 07 October 2019 and is currently estimated at $1,189,542, approximately $359 per square foot. This property was built in 1981. 2881 Coral Way is a home located in Charlotte County with nearby schools including Sallie Jones Elementary School, Punta Gorda Middle School, and Charlotte 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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