NOT LISTED FOR SALE

3123 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $276,000 - $325,000

3 Beds
2 Baths
1,792 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $375,000 $209 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,963/month

170 Days on Market

Highlights

  • Screened Pool
  • Wood Flooring
  • Mature Landscaping
  • Sallie Jones Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of April 2023

Totally Unique to SWFL - Red Brick Home with Western Exposure and Large Pool! Located in Charlotte Park Near Highly sought after Punta Gorda Isles! The front of the home has been newly and professionally landscaped. This home offers nearly 1800 square feet of living space, 3 bedrooms and 2 baths. The master bedroom is oversized and features two closets for storage. Tile throughout the main living areas and brand new wood laminate in the bedrooms. This home has many updates - in 2021 a new roof and hot water heater were installed. New air conditioner in 2020 and a new blower in 2022. All of the windows in the bedrooms were replaced with impact glass. Enormous screened in lanai with oversized in ground pool that was just resurfaced in 2021 and a new pump in 2022. The pool runs the length of the whole back of the house and offers views of a newly landscaped rear nice sized yard. There is a garage with two individual bays that include a laundry/work out room and additional storage with new electric and ceiling fans. Additional storage can be had with pull down attic storage. This home is conveniently located to 41, I75, PGD Airport, shopping.

Last Agent to Sell the Property

Eric Decker

SELLSTATE VISION REALTY License #3456545 Listed on: 09/01/2022

Last Buyer's Agent

Andrew Adelhoch

ERA ADVANTAGE REALTY, INC. License #3530203

ERA ADVANTAGE REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Mature Landscaping
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Single Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Pool Deck

Utilities

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

$3,662

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 1792
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1964
  • Lot Size Sq Ft: 13111
  • Directions to Property: From downtown Punta Gorda take Tamiami Trail to Aqui Esta. Turn left on Aqui Esta and then right on Magnolia Way in Charlotte Park. The home will be the first one on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Punta Gorda
  • Escrow Postal Code: 33950
  • Escrow State: FL
  • Escrow Street Name: W Marion
  • Escrow Street Number: 103
  • List Office Head Office Key Nume: 1045936
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 209.26
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3123
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 166.48
  • Room Count: 8

Exterior Features

  • Direction Faces: West
  • Pool Features: Deck, In Ground, Screen Enclosure
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318160023
  • Additional Parcels: No
  • Flood Zone Code: 9
  • Homestead YN: 0
  • Lot Size Square Meters: 1218

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3661.91
  • Tax Block: W
  • Tax Book Number: 3-9
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Apr 4, 2023
Sold by
Nicolls Richard
Bought by
Rakosi Mircea Cristian and Rakosi Kimberly Star
Seller's Agent
Eric Decker
SELLSTATE VISION REALTY
Buyer's Agent
Andrew Adelhoch
ERA ADVANTAGE REALTY, INC.
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
104
Current Estimated Value
$301,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,705
Avg. Annual Appreciation
-8.38%
Original Mortgage
$356,250
Outstanding Balance
$345,831
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$44,536

Purchase Details

Closed on
Aug 14, 2020
Sold by
Concepcion Julio C and Concepcion Lucia E
Bought by
Nicolls Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2017
Closed on
Apr 23, 2018
Sold by
Susan P Mccormick
Bought by
Concepcion Julio and Concepcion Lucia
Seller's Agent
Kyle Thompson
Keller Williams Elite Realty
Buyer's Agent
Kyle Thompson
List Price
$219,900
Sold Price
$185,000
Premium/Discount to List
-$34,900
-15.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$181,649
Interest Rate
4.47%

Purchase Details

Closed on
Jun 24, 2016
Sold by
Deutsche Bank National Trust
Bought by
Mccormick Susan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Russo Al and Russo Alan
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 29, 2002
Sold by
Rivera Colon Ernesto F and Rivera Colon Norma
Bought by
Garner Deborah and Russo Al

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.98%

Purchase Details

Closed on
Mar 1, 2000
Sold by
Smith Frank M and Lancashire Lynn D
Bought by
Rivera Colon Ernesto F and Rivera Colon Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.29%

Purchase Details

Closed on
Jul 30, 1993
Sold by
Elmore Thomas H and Elmore Mary G
Bought by
Smith Frank M and Lancashire Lynn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
7.39%
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
Rakosi Mircea Cristian $375,000 Suncoast One Title & Closings
Nicolls Richard $207,500 All American Title Svcs Llc
Nicolls Richard $207,500 All American Title Services
Concepcion Julio $185,000 --
Mccormick Susan P $128,000 Carrington Title Services Ll
Deutsche Bank National Trust Company $107,800 None Available
Garner Deborah $117,500 --
Rivera Colon Ernesto F $100,000 --
Smith Frank M $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakosi Mircea Cristian $356,250
Previous Owner Nicolls Richard $185,000
Previous Owner Concepcion Julio $181,649
Previous Owner Concepcion Julio --
Previous Owner Mccormick Susan P $212,600
Previous Owner Garner Deborah $93,600
Previous Owner Rivera Colon Ernesto F $80,000
Previous Owner Smith Frank M $64,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $375,000 -6.0% $209 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $399,000 0.0% $223 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/29/2023 01/29/23 Price Changed $399,000 -3.6% $223 / Sq Ft
01/04/2023 01/04/23 Price Changed $414,000 -2.4% $231 / Sq Ft
12/07/2022 12/07/22 Price Changed $424,000 -2.3% $237 / Sq Ft
11/05/2022 11/05/22 Price Changed $434,000 -2.3% $242 / Sq Ft
09/18/2022 09/18/22 Price Changed $444,000 -2.2% $248 / Sq Ft
09/11/2022 09/11/22 Price Changed $454,000 -2.2% $253 / Sq Ft
09/01/2022 09/01/22 For Sale $464,000 +150.8% $259 / Sq Ft
04/13/2018 04/13/18 Sold $185,000 -15.9% $103 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
06/10/2017 06/10/17 For Sale $219,900 +71.8% $123 / Sq Ft
08/26/2016 08/26/16 Sold $128,000 -19.9% $71 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $159,900 -- $89 / 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
2024 $4,394 $226,623 $32,300 $194,323
2023 $4,394 $216,132 $0 $0
2022 $3,959 $214,535 $21,250 $193,285
2021 $3,662 $178,622 $17,000 $161,622
2020 $2,911 $173,803 $15,300 $158,503
2019 $2,813 $169,978 $11,900 $158,078
2018 $2,863 $157,978 $9,605 $148,373
2017 $2,538 $121,274 $9,605 $111,669
2016 $2,268 $102,936 $0 $0
2015 $2,379 $82,004 $0 $0
2014 $1,885 $74,549 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7465715

Stellar MLS

APN: 412318160023