NOT LISTED FOR SALE

3726 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $127,000 - $235,000

0.22 Acre
$753,032 Price per Acre
9,374 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $150,000

Est. 13% increase in value since last sale

Current estimated payment $1,064/month

29 Days on Market

Highlights

  • 75 Feet of Salt Water Canal Waterfront
  • Water access To Gulf or Ocean
  • Wooded Lot
  • Sallie Jones Elementary School Rated A-
  • Canal View
  • No HOA

About This Lot

As of May 2023

We are in receipt of multiple offers for the above property. Please submit your buyer's best offer by Wednesday 4/12 at 5 p.m. CLEARED WITH A BRAND NEW SEAWALL! READY TO BUILD on this fantastic SALTWATER, 75 feet of WATERFRONT lot located on a quiet street in the Waterway Colony community of Punta Gorda. NO HOA or deed restrictions. Direct access to Charlotte Harbor via Alligator Creek with only 1 bridge to open water. Charlotte Harbor leads to the Gulf of Mexico and beyond! Zoned Residential RSF-3.5. Minutes from historic downtown Punta Gorda shopping, dining, medical care, waterfront parks, art galleries, boat ramps, fishing piers, walking and biking paths, weekend farmers markets, Fishermen's Village, events and more! Builder information available upon request.

Last Agent to Sell the Property

Laura Frantz

COLDWELL BANKER SUNSTAR REALTY License #3263684 Listed on: 03/15/2023

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,391

Lot Details

  • 9,374 Sq Ft Lot
  • Lot Dimensions are 75x125
  • 75 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • Property fronts a county road
  • West Facing Home
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RSF3.5

Property Views

  • Canal Views

Location

  • In Flood Plain
  • Property is near a golf course

Schools

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

Utilities

  • Well
  • Septic Needed
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 32 / G
  • Assessor Parcel Number 412318376007

Community Details

Overview

  • No Home Owners Association
  • Tierra Coronado Community
  • Tierra Coronado Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Access To Marina
  • Access To Lagoon or Estuary
  • Property is near a marina
  • Access to Freshwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$1,391

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9374
  • Directions to Property: 41 N or S. to Rio Villa Drive. Follow Rio Villa to Magnolia Way go right. 3726 Magnolia Way is on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 213008162
  • RATIO Current Price By Calculate: 16.00
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3726

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: County Road
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Disclosures: None
  • Water Access: Bay/Harbor,Brackish Water,Canal - Brackish,Canal - Freshwater,Canal - Saltwater,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway,Lagoon,Marina,River
  • Water Extras: Seawall - Other
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 75
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Price Per Acre: 681818

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Water Available
  • Sewer: Septic Needed
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Waterfront
  • Association: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

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

Schools

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

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318376007
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Cleared, Flood Plain/Bottom Land, In County, Near Golf Course, Near Marina, Room For Pool, Paved
  • Lot Dimensions: 75X125
  • Flood Zone Code: 9AE
  • Lot Size Square Meters: 871
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential
  • Future Land Use: 0000
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1391
  • Tax Block: G
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 12, 2023
Sold by
Dayna L Born Revocable Trust
Bought by
Johnson Andrew D and Johnson Emilie M
Seller's Agent
Laura Frantz
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Views
59
Current Estimated Value
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
5.79%
Original Mortgage
$460,000
Outstanding Balance
$451,025
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$280,692

Purchase Details

Closed on
Mar 16, 2021
Sold by
Odegard Gale L and Odegard Peggy J
Bought by
Dayna L Born Revocable Trust and Palmer

Purchase Details

Closed on
Apr 21, 2003
Sold by
Gohdes Lee Dean
Bought by
Odegard Gale L and Odegard Peggy J
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
Johnson Andrew D $150,000 Hometown Title & Closing Servi
Dayna L Born Revocable Trust $399 Hometown Title & Closing Servi
Odegard Gale L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Andrew Dominic $460,000
Previous Owner Odegard Gale L $91,539
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $150,000 -6.3% --
04/14/2023 04/14/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $160,000 -- --
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 $1,644 $113,839 $89,250 $24,589
2023 $1,644 $77,138 $0 $0
2022 $1,449 $70,125 $70,125 $0
2021 $988 $39,525 $39,525 $0
2020 $941 $36,975 $36,975 $0
2019 $946 $36,975 $36,975 $0
2018 $914 $36,975 $36,975 $0
2017 $921 $36,975 $36,975 $0
2016 $931 $36,975 $0 $0
2015 $977 $39,015 $0 $0
2014 $853 $39,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7472737

Stellar MLS

APN: 412318376007