NOT LISTED FOR SALE

Estimated Value: $164,440 - $210,000

2 Beds
1 Bath
826 Sq Ft
$250/mo HOA Fee

Last Sold April 20, 2018

Last sale price $121,000 $146 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,490/month

1 Day on Market

Highlights

  • 280 Feet of Waterfront
  • Dock made with concrete
  • Boat Slip Deeded
  • Sallie Jones Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

As of April 2018

Second floor end unit condo with 2 Bedrooms and 1 Bathroom at LYME TERRACE in Punta Gorda Isles. Lovely CANAL VIEW. This unit comes with a DEEDED DOCK #18. Concrete dock and concrete seawall. Sailboat access to Charlotte Harbor and on the the Gulf of Mexico. This unit offers an open and split bedroom floor plan with Great Room and Dining area, Kitchen with pass thru, Inside Laundry and screened Lanai with brick flooring. Hurricane shutters. Relax at the waterfront heated community pool. Minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, fishing piers, boat ramps,art galleries, events and more!

Last Agent to Sell the Property

Jerry Hayes

RE/MAX ALLIANCE GROUP License #625093 Listed on: 03/22/2018

Last Buyer's Agent

Jerry Hayes

RE/MAX ALLIANCE GROUP License #625093 Listed on: 03/22/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1987

Lot Details

  • 280 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a private road
  • End Unit
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 826 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Canal Views

Kitchen

  • Oven
  • Range
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Slip Deeded
  • Dock made with concrete
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Schools

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

Additional Features

  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, sewer, trash, water
  • Lyme Terrace Community
  • Lyme Terrace Ph 02 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 60 lbs
  • 1 Pet Allowed

Security

  • Hurricane or Storm Shutters
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,523

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 826
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 826
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7250820&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7250820&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Home Warranty Y N: No
  • Subdivision Num: LYT
  • Property Description: End Unit
  • Subdivision Section Number: 2
  • Ratio: Close Price\List Price: 0.96878
  • Price per Sq Ft: 146.49
  • Close to Original List Price Ratio: 0.96878
  • Ratio: Current Price\Building Area Total: 146.49
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Window Features: Storm Window(s)
  • Room Count: 7
  • Additional Rooms: Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Bridges - No Fixed Bridges, Dock - Concrete, Dock - Slip Deeded On-Site, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0241F
  • Waterfront Frontage: 280
  • Water Frontage Feet Canal Salt: 280

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest, None
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access
  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3000
  • Monthly HOA Fee: 250
  • Total Monthly Fees: 250

Schools

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

Lot Info

  • Zoning: GM-15
  • Parcel Number: 412213802008
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: 10AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: No Minimum
  • Approval Process: PER HOA DOCS
  • Pet Restrictions: PER HOA DOCS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: PER HOA DOCS

Tax Info

  • Tax Annual Amount: 1523
  • Tax Lot: A4

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 20, 2018
Sold by
Storey James J and Storey Jane M
Bought by
Smith Donald and Smith Marianne
Seller's Agent
Jerry Hayes
RE/MAX ALLIANCE GROUP
Buyer's Agent
Jerry Hayes
RE/MAX ALLIANCE GROUP
List Price
$124,900
Sold Price
$121,000
Premium/Discount to List
-$3,900
-3.12%
Current Estimated Value
$186,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,610
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Aug 15, 2008
Sold by
Frazer Brian D
Bought by
Storey James J and Storey Jane M

Purchase Details

Closed on
Aug 30, 2005
Sold by
Sheplak Alan T and Sheplak Patricia
Bought by
Frazer Brian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 14, 2004
Sold by
Whitaker David C and Whitaker Patricia A
Bought by
Sheplak Alan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
King James M
Bought by
Whitaker David C and Whitaker Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 21, 1998
Sold by
Dececco Frank M
Bought by
King James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,826
Interest Rate
6.87%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Maher Bernard S
Bought by
Dececco Frank M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
7.42%
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
Smith Donald $121,000 All American Title Servicrie
Storey James J $110,000 Americo Title Company Llc
Frazer Brian D $235,000 Genesis Title Company
Sheplak Alan T $140,000 First American Title Ins Co
Whitaker David C $88,000 --
King James M $65,000 --
Dececco Frank M $53,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frazer Brian D $211,500
Previous Owner Sheplak Alan T $112,000
Previous Owner Whitaker David C $70,000
Previous Owner King James M $25,826
Previous Owner Dececco Frank M $42,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $121,000 -3.1% $146 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $124,900 -- $151 / 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 $3,169 $150,081 $0 $0
2022 $2,566 $141,824 $0 $141,824
2021 $2,411 $136,910 $0 $136,910
2020 $2,137 $123,570 $0 $123,570
2019 $1,898 $102,507 $0 $102,507
2018 $1,581 $103,911 $0 $103,911
2017 $1,523 $104,613 $0 $0
2016 $1,409 $66,419 $0 $0
2015 $1,143 $60,381 $0 $0
2014 $1,211 $64,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7250820

Stellar MLS

APN: 412213802008