3224 Magnolia Way Punta Gorda, FL 33950
2
Beds
2
Baths
1,220
Sq Ft
0.54
Acres
Highlights
- 185 Feet of Salt Water Canal Waterfront
- Dock has access to electricity and water
- Water access To Gulf or Ocean To Bay
- Sallie Jones Elementary School Rated A-
- Parking available for a boat
- Boat Lift
About This Home
As of December 2024Welcome to this amazing and unusual WATERFRONT real estate that’s the envy of the neighborhood! Over HALF AN ACRE, nestled just outside the city limits in the charming town of Punta Gorda, this property offers a unique blend of luxury, convenience, and income potential. The rear porch, overlooking the waterway leading to Charlotte Harbor, is where memories will be made. Sip your morning coffee while watching the sunrise or enjoy evening sunsets with a glass of wine. The vinyl fencing on the property and carefully positioned Areca palms work in harmony so you have the feeling of seclusion. No crowded ramps to deal with as you launch your kayaks direct from your backyard. A PRIVATE DOCK with 40’ COVERED BOAT LIFT (15,000#) is equipped with electric and water connections. Whether you’re a seasoned boater or a novice, this waterfront lifestyle is just waiting for you! Not a boater yourself? No problem! Lease the slip to someone who dreams of a wonderful place to keep their boat. You have plenty of parking! This 2017 modular home features an OPEN and ROOMY floorplan, with vaulted ceilings, accented by crown molding, which creates an airy and spacious feel. Stylish wood laminate flooring flows throughout the home. The coffee and wine bar is a very nice addition to the main living area. The spacious primary en-suite has a walk-in shower. The guest bedroom and bathroom are complete with all the comforts of home. NEW ROOF 2022. But wait, THERE IS MORE! The property offers INCOME-GENERATING opportunities. There’s the massive 2020 metal DETACHED GARAGE—1140 square feet of space with impact windows, 14' ceilings, indoor parking with a 10’ commercial garage door and security system. Within that garage, 420 sf of that is currently paneled in knotty pine, air conditioned, has a high end speaker sound system and currently used as an office. Just imagine the potential if you converted it into a guest suite or rental space! You must see this to believe it. An additional 150sf multi-use craft/work SHED with water and electric is a nice surprise. Need space for commercial vehicles? No problem! The OVERSIZED concrete driveway allows for parking right in front of the detached garage. Located under 10 mins to Fisherman’s Village, Sunseeker Resort, Punta Gorda Airport, the quaint downtown with dining, shopping and entertainment and 35 mins to Fort Myers airport, location is ideal. This home isn’t just a house; it’s a canvas for your dreams. Whether you seek tranquility, creativity, or investment, this property certainly delivers. A creative mind can do so much more with this property. What do you envision??
Last Agent to Sell the Property
COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3481313 Listed on: 05/25/2024
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $6,499
Year Built
- Built in 2017
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 113x125
- 185 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
- West Facing Home
- Vinyl Fence
- Landscaped
- Oversized Lot
- Irrigation
Parking
- 2 Car Garage
- 1 Carport Space
- Parking Pad
- Converted Garage
- Oversized Parking
- Workshop in Garage
- Garage Door Opener
- Circular Driveway
- Parking available for a boat
- RV Garage
Home Design
- Slab Foundation
- Steel Frame
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,220 Sq Ft Home
- Open Floorplan
- Bar Fridge
- High Ceiling
- Ceiling Fan
- Sliding Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
- Bonus Room
- Workshop
- Canal Views
- Crawl Space
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Engineered Wood
- Laminate
- Concrete
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Home Security
- Security System Owned
- Security Lights
- Hurricane or Storm Shutters
Outdoor Features
- Water access To Gulf or Ocean To Bay
- Access to Saltwater Canal
- Rip-Rap
- Boat Lift
- Covered Boat Lift
- Dock has access to electricity and water
- Covered Dock
- Balcony
- Covered patio or porch
- Exterior Lighting
- Separate Outdoor Workshop
- Shed
- Rain Gutters
- Private Mailbox
Location
- Flood Insurance May Be Required
Schools
- Sallie Jones Elementary School
- Punta Gorda Middle School
- Charlotte High School
Utilities
- Central Air
- Heating Available
- Thermostat
- Water Filtration System
- Electric Water Heater
- Water Softener
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 13 / E
- Assessor Parcel Number 412318326004
Community Details
Overview
- No Home Owners Association
- Tierra Coronado Community
- Tierra Coronado Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2021
Closed on
Jul 16, 2021
Sold by
Thompson Michael and Thompson Eileen
Bought by
Provenza Michael J and Provenza Kim Ann
Seller's Agent
Arthur Destefano
RE/MAX ALLIANCE GROUP
Buyer's Agent
Cheryl Foley
EXP REALTY LLC
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Total Days on Market
52
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,362
Avg. Annual Appreciation
5.85%
Original Mortgage
$281,250
Outstanding Balance
$258,152
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$209,210
Purchase Details
Closed on
Jun 19, 2019
Sold by
Ivankovic David M and Ivankovic Toni L
Bought by
Thompson Michael and Thompson Eileen
Purchase Details
Closed on
Aug 22, 2016
Sold by
Mullen Lawrence E and Mullen Darlene A
Bought by
Thopson Michael and Thopson Eileen
Purchase Details
Closed on
Apr 23, 1999
Sold by
Krampert Lawrence C and Krampert Helen
Bought by
Mullen Lawrence E and Mullen Darlene A
Similar Homes in Punta Gorda, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Suncoast One Ttl & Closings | |
| Warranty Deed | $45,000 | Suncoast One Ttl & Closing I | |
| Warranty Deed | $57,000 | None Available | |
| Warranty Deed | $90,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,250 | New Conventional | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $480,000 | -3.8% | $393 / Sq Ft |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | Price Changed | $499,000 | -3.1% | $409 / Sq Ft |
| 05/25/2024 05/25/24 | For Sale | $515,000 | +37.3% | $422 / Sq Ft |
| 07/23/2021 07/23/21 | Sold | $375,000 | -3.6% | $307 / Sq Ft |
| 05/14/2021 05/14/21 | Pending | -- | -- | -- |
| 05/10/2021 05/10/21 | For Sale | $389,000 | 0.0% | $319 / Sq Ft |
| 05/03/2021 05/03/21 | Pending | -- | -- | -- |
| 04/16/2021 04/16/21 | For Sale | $389,000 | -- | $319 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $6,499 | $371,380 | $0 | $0 |
| 2022 | $6,290 | $360,563 | $0 | $0 |
| 2021 | $4,967 | $268,652 | $99,076 | $169,576 |
| 2020 | $4,675 | $247,947 | $92,684 | $155,263 |
| 2019 | $4,623 | $246,546 | $92,684 | $153,862 |
| 2018 | $1,393 | $64,334 | $55,709 | $8,625 |
| 2017 | $1,387 | $63,194 | $55,709 | $7,485 |
| 2016 | $1,350 | $59,879 | $0 | $0 |
| 2015 | $1,420 | $62,953 | $0 | $0 |
| 2014 | $1,283 | $62,336 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sally Abdella
Seller's Agent in 2024
Sally Abdella
COLDWELL BANKER REALTY
(941) 587-0407
1 in this area
76 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2024
Stellar Non-Member Agent
FL_MFRMLS
-
Arthur Destefano
Seller's Agent in 2021
Arthur Destefano
RE/MAX
(941) 676-2979
1 in this area
38 Total Sales
-
Cheryl Foley
Buyer's Agent in 2021
Cheryl Foley
EXP REALTY LLC
(732) 740-9327
1 in this area
17 Total Sales
Map
Source: Stellar MLS
MLS Number: N6132974
APN: 412318326004
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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