NOT LISTED FOR SALE

3931 Magnolia Way Punta Gorda, FL 33950

Estimated Value: $212,000 - $619,000

0.24 Acre
$1,478,125 Price per Acre
10,495 Sq Ft Lot

Last Sold November 30, 2021

Last sale price $59,000

Est. 476% increase in value since last sale

Current estimated payment $1,992/month

9 Days on Market

Highlights

  • 40 Feet of Waterfront
  • Canal View
  • No HOA
  • Sallie Jones Elementary School Rated A-
  • Corner Lot
  • Access to Saltwater Canal

About This Lot

As of November 2021

**OPPORTUNITY ALERT – Located within the Charlotte Park area of Punta Gorda, is where you’ll find this recently cleared waterfront lot with powerboat access to Charlotte Harbor. Situated on the corner of Magnolia Way and Rio Villa Drive, this parcel is comprised of approximately 10,500 feet of residential land. Available utilities include electric, cable, telephone and public water. Surrounded by well-maintained homes, this may be the perfect location for your new residence or perhaps an investment. From this location, you are but 1.3 miles from shopping and just three miles from historic downtown Punta Gorda and all it has to offer.

Last Agent to Sell the Property

Curtis Mellon

RE/MAX ALLIANCE GROUP License #3096164 Listed on: 11/08/2021

Last Buyer's Agent

Amelia Lyons

RE/MAX PALM REALTY License #3048019

RE/MAX PALM REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,035

Lot Details

  • 10,495 Sq Ft Lot
  • Lot Dimensions are 73x92x40x1054
  • 40 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a county road
  • East Facing Home
  • Corner Lot
  • Property is zoned RSF3.5

Property Views

  • Canal Views

Schools

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

Utilities

  • Septic Needed
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / A
  • Assessor Parcel Number 412318353016

Community Details

Overview

  • No Home Owners Association
  • Waterway Colony Community
  • Waterway Colony Subdivision

Recreation

  • Access to Saltwater Canal

Property Details

Property Type

Land

Est. Annual Taxes

$1,035

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Land
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10495
  • Number Of Lots: 1
  • Directions to Property: From US-41 (Tamiami Trail), turn Westward on Rio Villa Drive. The subject property is .8 miles ahead on the left, at the corner of Rio Villa Drive and Magnolia Way with a yard sign.
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 5.62
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3931

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: County Road
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Easements: Electric Lines
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water View Y N: Yes
  • Front Footage: 165
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 0243F
  • Waterfront Frontage: 40
  • Water Frontage Feet Canal Salt: 40
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318353016
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Corner Lot, In County
  • Lot Dimensions: 73x92x40x1054
  • Price Per Acre: 245833
  • Flood Zone Code: AE10
  • Flood Zone Date: 2003-05-05
  • Current Adjacent Use: Residential, Vacant
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Charlotte County ordinances apply

Tax Info

  • Tax Annual Amount: 1034.98
  • Tax Block: A
  • Tax Book Number: 7-52
  • Tax Lot: 18

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Nov 30, 2021
Sold by
Flooring Service Of Florida Llc
Bought by
Bailey Alvin D
Seller's Agent
Curtis Mellon
RE/MAX ALLIANCE GROUP
Buyer's Agent
Amelia Lyons
RE/MAX PALM REALTY
List Price
$59,000
Sold Price
$59,000
Current Estimated Value
$339,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,901
Avg. Annual Appreciation
61.99%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Sep 26, 2019
Sold by
Cunningham Michael J and Cunningham Michael
Bought by
Flooring Service Of Florida Llc
Seller's Agent
Barbara DuBosque
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Barbara DuBosque
COLDWELL BANKER SUNSTAR REALTY
List Price
$55,500
Sold Price
$23,000
Premium/Discount to List
-$32,500
-58.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.05%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Rego Conrad S
Bought by
Cunningham Michael

Purchase Details

Closed on
Jun 6, 2005
Sold by
Rego Charles E
Bought by
Rego Conrad S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bailey Alvin D $59,000 Burnt Store T&E Llc
Flooring Service Of Florida Llc $23,000 First International Ttl Inc
Cunningham Michael $155,000 --
Rego Conrad S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Alvin D $371,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $59,000 0.0% --
11/17/2021 11/17/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $59,000 +156.5% --
09/26/2019 09/26/19 Sold $23,000 +15.0% --
08/24/2019 08/24/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $20,000 -55.6% --
05/28/2019 05/28/19 Price Changed $45,000 -18.9% --
02/04/2019 02/04/19 For Sale $55,500 -- --
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 $1,569 $80,750 $80,750 $0
2022 $1,417 $68,000 $68,000 $0
2021 $1,039 $42,500 $42,500 $0
2020 $1,035 $42,500 $42,500 $0
2019 $1,041 $42,500 $42,500 $0
2018 $988 $42,500 $42,500 $0
2017 $960 $42,500 $42,500 $0
2016 $939 $33,693 $0 $0
2015 $836 $30,630 $0 $0
2014 $711 $30,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Curtis Mellon

    Seller's Agent in 2021

    Curtis Mellon

    RE/MAX

    (941) 626-3640

    7 in this area

    650 Total Sales

    Section Image
  • Amelia Lyons

    Buyer's Agent in 2021

    Amelia Lyons

    RE/MAX

    (863) 244-7695

    1 in this area

    50 Total Sales

    Section Image
  • Barbara DuBosque

    Seller's Agent in 2019

    Barbara DuBosque

    COLDWELL BANKER SUNSTAR REALTY

    (941) 916-2611

    40 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: C7451115

Stellar MLS

APN: 412318353016

Florida Charlotte County Punta Gorda 33950

3931 Magnolia Way, Punta Gorda, FL

This home is located at 3931 Magnolia Way, Punta Gorda, FL 33950 since 08 November 2021 and is currently estimated at $354,750. 3931 Magnolia Way is a home located in Charlotte County with nearby schools including Sallie Jones Elementary School, Punta Gorda Middle School, and Charlotte High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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