$185,000
SOLD APR 13, 2018

3123 Magnolia Way Punta Gorda, FL 33950

3 Beds
2 Baths
1,792 Sq Ft
0.25 Acres

Recently Sold

$103 Per Sq Ft

16% Below List Price

276 Days on Market

Highlights

  • Concrete Pool
  • Corner Lot
  • Fireplace
  • Sallie Jones Elementary School Rated A-
  • No HOA
  • Porch

About This Home

As of April 2023

HUGE PRUCE DROP! OWNERS WANT OFFERS! Western Exposure Pool Home! Move in ready! Highly sought after Punta Gorda Isles! Ponce De Leon Boat Ramp is located right down the street! Remolded concrete block pool home! Situated on a dead end Gulf Access street, offering close to 1800 sqft, 3 large bedrooms and 2 baths. The master bath offers a beautiful step in custom shower. Huge living area with a custom re-finished working brick fireplace. Tile throughout the main living areas and brand new wood laminate in the bedrooms. Huge oversized double garage. Enormous screened in lanai with oversized in ground pool the length of the whole back of the house and a nice sized yard. This home is conveniently located to 41, I75, PGD Airport, close to Publix, shopping and nightlife.

Last Agent to Sell the Property

Kyle Thompson

Keller Williams Elite Realty License #252013165 Listed on: 06/10/2017

Keller Williams Elite Realty

Last Buyer's Agent

Kyle Thompson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 110 x 110 x 120 x 110
  • East Facing Home
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Pool

  • Concrete Pool
  • In Ground Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Punta Gorda Isles Subdivision

Listing and Financial Details

  • Legal Lot and Block 26 / W
  • Assessor Parcel Number 41-23-18-160-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,268

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 110 x 110 x 120 x 110
  • Ownership: Single Family
  • Subdivision Name: PUNTA GORDA ISLES
  • Directions: N on 41, west on Aqui Esta Dr, North on Magnolia Way home is on the corner on the left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1964
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Eat-in Kitchen, Fireplace, See Remarks, Shower Only, Separate Shower
  • Living Area: 1792.0
  • Stories: 1
  • Window Features: Double Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Concrete, In Ground, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 41-23-18-160-023
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2268.0
  • Tax Block: W
  • Tax Lot: 26
  • Tax Year: 2016

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 Type Sale Price Title Company
Warranty Deed $375,000 Suncoast One Title & Closings
Warranty Deed $207,500 All American Title Svcs Llc
Warranty Deed $207,500 All American Title Services
Deed $185,000 --
Special Warranty Deed $128,000 Carrington Title Services Ll
Trustee Deed $107,800 None Available
Warranty Deed $117,500 --
Warranty Deed $100,000 --
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Previous Owner $185,000 New Conventional
Previous Owner $181,649 No Value Available
Previous Owner -- No Value Available
Previous Owner $212,600 New Conventional
Previous Owner $93,600 No Value Available
Previous Owner $80,000 No Value Available
Previous Owner $64,400 No Value Available
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: Florida Gulf Coast Multiple Listing Service

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: Florida Gulf Coast Multiple Listing Service

MLS Number: 217038900

Florida Gulf Coast Multiple Listing Service

APN: 412318160023