NOT LISTED FOR SALE

40541 Horseshoe Rd Punta Gorda, FL 33982

Estimated Value: $285,000 - $360,000

10.18 Acres
$29,938 Price per Acre
443,441 Sq Ft Lot

Last Sold December 07, 2023

Last sale price $320,000

Est. 5% decrease in value since last sale

Current estimated payment $2,191/month

126 Days on Market

Highlights

  • Horses Allowed On Property
  • Fenced Yard
  • Pasture
  • 10.18 Acre Lot

About This Lot

As of December 2023

10.18-acre parcel of land zoned agricultural, located in Horseshoe Acres which is situated across from Babcock Ranch adding to its appeal. The fact that the property is completely fenced, cleared, and equipped with electric and a well is also advantageous. These features can save you time and money when it comes to developing the land for agricultural purposes or any other use you have in mind.
Punta Gorda is growing rapidly as our Southwest Florida population continues to fill in the empty space between Sarasota and Fort Myers. A great opportunity in a great location.

Last Agent to Sell the Property

Amanda Elliott

Sellstate Priority Realty License #258026077 Listed on: 07/31/2023

Last Buyer's Agent

Amanda Elliott

Sellstate Priority Realty License #258026077 Listed on: 07/31/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $530

Lot Details

  • 10.18 Acre Lot
  • Lot Dimensions are 657 x 690 x 662 x 685
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Fenced Yard
  • Fenced
  • Cleared Lot
  • Property is zoned AG

HOA Fees

  • $150 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Sewer Not Available

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • Association fees include road maintenance
  • Horseshoe Acres Subdivision

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 422526400024

Property Details

Property Type

Land

Est. Annual Taxes

$530

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 10.18
  • Lot Size: 657 x 690 x 662 x 685
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: HORSESHOE ACRES
  • Directions: SR 31 towards Babcock Ranch- Follow GPS
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cleared, Multiple lots, Pasture, Acreage, Dead End
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Underground Utilities, Water Available, Sewer Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Association #2 Fee: 150.0
  • Association #2 Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Road Maintenance

Lot Info

  • Current Use: Agricultural, Farm, Grazing, Single Family
  • Horse Amenities: Horses Allowed
  • Parcel #: 422526400024
  • Zoning Description: AG
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 530.38
  • Tax Block: 0
  • Tax Lot: 38
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Paradiso Matthew Louis
Bought by
Paradiso Andrea
Current Estimated Value
$304,767

Purchase Details

Listed on
Feb 28, 2018
Closed on
Dec 31, 2019
Sold by
Mcdonald Troy
Bought by
Paradiso Matthew and Paradiso Andrea
Seller's Agent
Andrea Smith
TARPON BLUE REAL ESTATE
Buyer's Agent
Andrea Smith
TARPON BLUE REAL ESTATE
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%
Original Mortgage
$104,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2017
Sold by
Barrett Horace
Bought by
Mcdonald Troy

Purchase Details

Closed on
Apr 20, 2007
Sold by
Craft Joan M
Bought by
Craft Joan M

Purchase Details

Closed on
Aug 27, 2002
Sold by
Woodbridge T R
Bought by
Craft Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Clerk Circuit Court
Bought by
Woodbridge T R
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
Paradiso Andrea $100 None Listed On Document
Paradiso Matthew $130,000 Sunbelt Title Agency
Mcdonald Troy $60,000 Attorney
Craft Joan M -- None Available
Craft Joan M $45,000 --
Woodbridge T R $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paradiso Matthew $104,000
Previous Owner Craft Joan M $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $320,000 -13.3% --
12/05/2023 12/05/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $369,000 -1.6% --
08/30/2023 08/30/23 Price Changed $375,000 -6.0% --
08/04/2023 08/04/23 Price Changed $399,000 -6.1% --
07/31/2023 07/31/23 For Sale $425,000 +226.9% --
12/31/2019 12/31/19 Sold $130,000 -13.3% --
11/27/2019 11/27/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $150,000 0.0% --
06/04/2019 06/04/19 Pending -- -- --
04/07/2019 04/07/19 Price Changed $150,000 -11.8% --
05/16/2018 05/16/18 Price Changed $170,000 -15.0% --
02/27/2018 02/27/18 For Sale $200,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $4,555 $278,559 $259,590 $18,969
2022 $530 $22,574 $0 $0
2021 $502 $18,378 $3,268 $15,110
2020 $1,492 $86,530 $86,530 $0
2019 $1,079 $64,032 $64,032 $0
2018 $906 $52,913 $52,913 $0
2017 $136 $4,185 $0 $0
2016 $135 $4,204 $0 $0
2015 $140 $4,427 $0 $0
2014 $125 $3,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223055070

Florida Gulf Coast Multiple Listing Service

APN: 422526400024