NOT LISTED FOR SALE

3900 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $423,000 - $549,000

3 Beds
2.5 Baths
1,835 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 08, 2012

Last sale price $187,500 $102 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,195/month

12 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Indoor Pool
  • Deck
  • Sallie Jones Elementary School Rated A-
  • Canal View
  • Outdoor Kitchen

About This Home

As of February 2012

Location & Price, This is a must see this before its Gone. Custom built waterfront Pool home in sought after Punta Gorda, loaded with upgrades. Wood Cabinets, Granite Counters, Wood tray ceiling, Outdoor Kitchen and much much more. From the Covered Lanai you look out to the paver covered pool area and then out to the canal. Now is the time to own your piece of paradise. This is price to sell and will go quick, set your appointment to see this one today. ASK US ABOUT NATIONSTAR FINANCING-- COMPETITIVE RATES, QUICK CLOSINGS, AND UP TO 2% IN CLOSING COST ASSISTANCE FOR QUALIFIED BUYERS" Proof of Funds are required for all Cash Offers and ALL Finance offers Must Prequalify with Nationstar Mortgage. Have your agent contact listing agent for info on Nationstar Mortgage Programs Seller will not complete or deliver a Real Property Disclosure Statement. The seller and seller's agent have made no representations or warranties, express or implied, as to the condition of the property. Buyer is responsible to obtain expert advice by professional inspections as to, but not limited to, the electrical, structural, plumbing, utilities and roof condition of the property.

Last Agent to Sell the Property

Walter Grohosky

RE/MAX PALM REALTY License #3163706 Listed on: 01/11/2012

RE/MAX PALM REALTY

Last Buyer's Agent

Dirk Hinga

FIVE STAR REALTY OF CHARLOTTE License #3253081

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 2004

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 75.0x125.0
  • 75 Feet of Waterfront
  • Property fronts gulf or ocean
  • Property fronts a saltwater canal
  • Property is zoned RSF3.5

Parking

  • 2 Car Garage
  • Converted Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,835 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Inside Utility
  • Canal Views
  • Hurricane or Storm Shutters

Kitchen

  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Deck
  • Screened Patio
  • Outdoor Kitchen
  • Rain Gutters
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Punta Gorda Community
  • Tierra Coronado Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,461

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1835
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2748
  • Lot Size Sq Ft: 9375
  • Directions to Property: South of US 41 turn right on Rio Villa, Then Right on Magnolia Way and house is on right
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7030724&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7030724&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: TRC
  • Ratio: Close Price\List Price: 1.01351
  • Price per Sq Ft: 102.18
  • Close to Original List Price Ratio: 1.01351
  • Ratio: Current Price\Building Area Total: 68.23
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 20

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Tray Ceiling(s)
  • Appliances Included: None
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Spa Yn: Yes
  • Street Number Modifier: 3900
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Outdoor Kitchen
  • Pool Features: Indoor
  • Exterior Features: Hurricane Shutters, Outdoor Kitchen, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 75

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Converted Garage, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318376012
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 75.0X125.0
  • Millage Rate: 16.84
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2012-02-08T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 3461
  • Tax Block: G
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Canal - Saltwater, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 1, 2012
Sold by
First Horizon Home Loans
Bought by
Strong T Caleb and Strong Margaret M
Seller's Agent
Walter Grohosky
RE/MAX PALM REALTY
Buyer's Agent
Dirk Hinga
FIVE STAR REALTY OF CHARLOTTE
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$502,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,870
Avg. Annual Appreciation
7.60%

Purchase Details

Listed on
Jan 11, 2012
Closed on
Dec 15, 2011
Sold by
Estevez Beatriz and Case #09004151Ca
Bought by
First Horizon Home Loans
Seller's Agent
Walter Grohosky
RE/MAX PALM REALTY
Buyer's Agent
Dirk Hinga
FIVE STAR REALTY OF CHARLOTTE
List Price
$187,500
Sold Price
$187,500

Purchase Details

Closed on
Nov 8, 2004
Sold by
Lynch Edward T
Bought by
Estevez Enrique and Estevez Beatrice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2002
Sold by
C & F Ent
Bought by
Lynch Edward T

Purchase Details

Closed on
Aug 12, 2002
Sold by
Simon & Assoc Inc
Bought by
C & F Enterprises

Purchase Details

Closed on
Apr 24, 2002
Sold by
Colaianni Charles C
Bought by
Simon & Assoc Inc
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
Strong T Caleb $187,500 Attorney
First Horizon Home Loans $195,100 None Available
Estevez Enrique $399,000 Accu Title Agency
Lynch Edward T $39,000 --
C & F Enterprises $26,900 --
Simon & Assoc Inc $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estevez Beatrice A $94,100
Previous Owner Estevez Enrique $415,000
Previous Owner Estevez Enrique $299,250
Previous Owner C & F Enterprises $215,000
Closed Estevez Enrique $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2012 02/08/12 Sold $187,500 0.0% $102 / Sq Ft
01/23/2012 01/23/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $187,500 -- $102 / 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 $5,748 $354,209 $0 $0
2022 $5,601 $345,485 $70,125 $275,360
2021 $5,359 $279,788 $39,525 $240,263
2020 $5,156 $267,535 $36,975 $230,560
2019 $5,116 $265,735 $36,975 $228,760
2018 $4,485 $242,478 $36,975 $205,503
2017 $4,848 $261,115 $36,975 $224,140
2016 $4,751 $249,880 $0 $0
2015 $4,480 $227,164 $0 $0
2014 $3,937 $206,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7030724

Stellar MLS

APN: 412318376012