NOT LISTED FOR SALE

3025 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $299,000 - $391,000

3 Beds
2 Baths
1,068 Sq Ft
$322/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $410,000 $384 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,423/month

14 Days on Market

Highlights

  • 62 Feet of Waterfront
  • Boat Ramp
  • Open Floorplan
  • Sallie Jones Elementary School Rated A-
  • In Ground Pool
  • Canal View

About This Home

As of November 2022

Last chance to own one of the most AFFORDABLE Gulf Access Pool Homes in Punta Gorda! This home is situated in one of the most perfect spots in Punta Gorda. Away from the traffic. With boating access to the Gulf of Mexico. A 10 minute bike ride off of the main road to downtown Punta Gorda and all its amazing destinations. Fisherman's village, the riverwalk, and the Punta Gorda YMCA are all within one minute away. Room for a full size RV to be parked on the side, on its own concrete pad. A 30 ft round fire pit. A beautiful cascading waterfall swimming pool screened in by a half octagon Lanai system. Complete with brand new 720 no-seum screen. A beautiful 40 ft hard covered entertainment area outside. Two car garage with ample parking driveway. A 2-year-old roof. Brand new waterproof planked vinyl flooring in all three bedrooms. Vaulted ceilings in living room. Brand new $40,000 kitchen with designer backsplash. 40 ft dock system with electricity and water, at the end of a canal. Brand new AC motor. Sliding door off the master bedroom, and two in the main house. Custom ceiling fans throughout the house. This is also an excellent Airbnb home. It is very sought after and stays as full as you want it with a private bedroom in the back, and private bathroom in the back. We have the records to prove it. This house also goes for approximately $3,200 per week as an Airbnb in season. With an elevation of 9.5 ft, flooding has never happened here. We also have estimates of approximately $3,800 for homeowners and flood insurance together. Close to four of the top 10 ranked schools in Charlotte county. The house is also surrounded by three homes that are 6 months on and 6 months off with occupants. Making your Lanai Oasis a private awesome experience! This home will not last on the market long. Take advantage of it while you can!

Last Agent to Sell the Property

Chun-yi Bittner

MARINA PARK REALTY LLC License #3334554 Listed on: 09/20/2022

Co-Listed By

Raleigh Morrison

LPT REALTY, LLC License #3367652

Last Buyer's Agent

Ronald Sears

CENTURY 21 INTEGRA License #3452316

CENTURY 21 INTEGRA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1990

Lot Details

  • 0.27 Acre Lot
  • 62 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Access to Saltwater Canal
  • Seawall
  • Boat Ramp
  • Dock made with Composite Material
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Charlotte Park Community
  • Charlotte Pr Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,112

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1068
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 11799
  • Directions to Property: Heading South on US-41, take a right on pompano terrace, left on Vasco, right on Aqui Esta, and right on Magnolia.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7466497?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7466497?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00024
  • Price per Sq Ft: 383.9
  • Close to Original List Price Ratio: 0.91131
  • View: No
  • Co List Office Mls Id: 249523825
  • Co List Office Phone: 239-963-4499
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Other
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3025
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: In Ground
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Concrete
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Boat Ramp - Private, Dock - Composite, Dock w/Electric, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 62
  • Water Frontage Feet Canal Salt: 62

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318159011
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3111.99
  • Tax Block: V
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 9, 2022
Sold by
Cox Brett and Cox Jo Anne
Bought by
Panico Elaine M and Palladino Richard R
Seller's Agent
Chun-yi Bittner
MARINA PARK REALTY LLC
Buyer's Agent
Ronald Sears
CENTURY 21 INTEGRA
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%
Views
12
Current Estimated Value
$343,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,526
Avg. Annual Appreciation
-5.92%
Original Mortgage
$328,000
Outstanding Balance
$317,773
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$25,701

Purchase Details

Listed on
Oct 2, 2019
Closed on
Oct 25, 2019
Sold by
Durachko James J and Durachko Robin A
Bought by
Hansen Jo Anne M and Cox Brett
Seller's Agent
J. Cady Rowe
RE/MAX HARBOR REALTY
Buyer's Agent
Mark Bowsher
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.19%

Purchase Details

Listed on
Oct 24, 2012
Closed on
Nov 9, 2012
Sold by
Gaynett Gustavo and Gaynett Patricia
Bought by
Durachko James J and Durachko Robin A
Seller's Agent
Paula Elliott
ALLISON JAMES ESTATES & HOMES
Buyer's Agent
J. Cady Rowe
RE/MAX HARBOR REALTY
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$140,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Magee John F
Bought by
Gaynett Gustavo and Gaynett Patricia

Purchase Details

Closed on
Dec 15, 2005
Sold by
Magee John F and Magee Elizabeth J
Bought by
Magee John F and Magee Elizabeth J
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
Panico Elaine M $410,000 --
Hansen Jo Anne M $240,000 Hometown Ttl & Closing Svcs
Durachko James J $175,000 Suncoast One Title Inc
Gaynett Gustavo $115,000 Suncoast One Title Inc
Magee John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panico Elaine M $328,000
Previous Owner Durachko James J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $410,000 0.0% $384 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $409,900 -8.9% $384 / Sq Ft
09/20/2022 09/20/22 For Sale $449,900 +87.5% $421 / Sq Ft
10/25/2019 10/25/19 Sold $240,000 -4.0% $225 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $249,900 +42.8% $234 / Sq Ft
11/09/2012 11/09/12 Sold $175,000 -2.7% $159 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $179,900 -- $163 / 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 $7,225 $407,763 $80,750 $327,013
2022 $3,116 $189,070 $0 $0
2021 $3,112 $183,563 $0 $0
2020 $3,056 $181,029 $32,300 $148,729
2019 $3,484 $168,822 $29,750 $139,072
2018 $3,158 $159,872 $29,750 $130,122
2017 $3,212 $160,970 $33,150 $127,820
2016 $3,043 $147,859 $0 $0
2015 $2,901 $136,443 $0 $0
2014 $2,529 $124,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7466497

Stellar MLS

APN: 412318159011