$140,000
SOLD OCT 16, 2018

3112 Magnolia Way Punta Gorda, FL 33950

3 Beds
2 Baths
1,572 Sq Ft
9,999 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

7% Below List Price

72 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Water access To Gulf or Ocean
  • No HOA
  • Sallie Jones Elementary School Rated A-
  • Canal View
  • 1 Car Attached Garage

About This Home

As of October 2018

INVESTOR ALERT!!!Gulf Access waterfront 3 bedroom, 2 bath 1 Car Garage home with tons of potential. Bring your imagination & make this home your own. Minutes from downtown Punta Gorda, shopping, restaurants & Fisherman's village.

Last Agent to Sell the Property

Walter Grohosky

RE/MAX PALM REALTY License #3163706 Listed on: 07/18/2018

RE/MAX PALM REALTY

Last Buyer's Agent

Laura Frantz

COLDWELL BANKER SUNSTAR REALTY License #3263684

COLDWELL BANKER SUNSTAR REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 1962

Lot Details

  • 9,999 Sq Ft Lot
  • Lot Dimensions are 80 x 125
  • 80 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property is zoned RSF3.5

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,572 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Canal Views
  • Laundry Room

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water access To Gulf or Ocean
  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall

Utilities

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

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,830

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1572
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 1988
  • Lot Size Sq Ft: 9999
  • Directions to Property: 41 South to R on Aqui Esta, R on Magnolia, 2nd home on left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7403461&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7403461&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93396
  • Price per Sq Ft: 89.06
  • Close to Original List Price Ratio: 0.93396
  • Ratio: Current Price\Building Area Total: 70.42
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: 4116

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Street Number Modifier: 3112
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater, Gulf/Ocean
  • Water Extras: Bridges - Fixed, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0241F
  • Waterfront Frontage: 80
  • Water Frontage Feet Canal Salt: 80

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • 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: 412318179008
  • Additional Parcels: No
  • Lot Dimensions: 80 x 125
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 1830
  • Tax Block: U
  • Tax Book Number: 3-9
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 9, 2018
Sold by
Us Bank Na
Bought by
Darey Florida Llc
Seller's Agent
Walter Grohosky
RE/MAX PALM REALTY
Buyer's Agent
Laura Frantz
COLDWELL BANKER SUNSTAR REALTY
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%

Purchase Details

Closed on
May 31, 2018
Sold by
Vu Huong and Tran Hoa Thi
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 5, 2005
Sold by
Massacci James
Bought by
Vu Dam Van and Vu Huong Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
Sold by
Walsh Jeffery P
Bought by
Massacci James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Popovich Angela M and Popovich Eric
Bought by
Walsh Jeffery P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.32%

Purchase Details

Closed on
Oct 23, 1998
Sold by
Pfledderer Marguerite
Bought by
Pfledderer Marguerite and Popovich Angela M

Purchase Details

Closed on
Nov 29, 1995
Sold by
Pfledderer Albert and Pfledderer Marguerite
Bought by
Pfledderer Albert and Pfledderer Marguerite
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $140,000 Buyers Title Inc
Deed $130,800 None Available
Warranty Deed $252,500 Team Title Insurance Inc
Warranty Deed $205,000 Safetitle Company
Warranty Deed $135,000 --
Warranty Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $202,000 Purchase Money Mortgage
Previous Owner $192,500 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Price Changed $309,000 -4.9% $197 / Sq Ft
01/15/2025 01/15/25 For Sale $325,000 0.0% $207 / Sq Ft
12/27/2023 12/27/23 Rented $2,300 0.0% --
12/06/2023 12/06/23 Under Contract -- -- --
10/03/2023 10/03/23 For Rent $2,300 +43.8% --
11/01/2019 11/01/19 Rented $1,600 0.0% --
10/09/2019 10/09/19 Under Contract -- -- --
09/16/2019 09/16/19 For Rent $1,600 0.0% --
10/16/2018 10/16/18 Sold $140,000 -6.6% $89 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $149,900 0.0% $95 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $149,900 -- $95 / 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 $4,929 $211,266 $0 $0
2022 $4,339 $275,349 $68,000 $207,349
2021 $3,877 $212,329 $34,000 $178,329
2020 $3,556 $189,422 $32,300 $157,122
2019 $3,025 $141,727 $29,750 $111,977
2018 $2,164 $130,584 $29,750 $100,834
2017 $1,830 $86,289 $33,150 $53,139
2016 $1,680 $63,702 $0 $0
2015 $1,616 $57,911 $0 $0
2014 $1,308 $52,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7403461

Stellar MLS

APN: 412318179008