NOT LISTED FOR SALE

46120 Neal Rd Punta Gorda, FL 33982

Estimated Value: $133,048 - $351,000

10 Acres
$23,035 Price per Acre
435,600 Sq Ft Lot

Last Sold January 18, 2021

Last sale price $70,000

Est. 229% increase in value since last sale

Current estimated payment $1,384/month

26 Days on Market

Highlights

  • Wooded Lot
  • Cattle
  • Citrus Farm

About This Lot

As of January 2021

“High Meadows Grove” is a 10 acre former citrus grove located in the former Orange Co & American Agronomics citrus development in east Charlotte Co. This is a square 10 acre block of old Valencia citrus consisting of four - 2.5 M/L each. The location is perfect for a home site with a new grove or even another income crop. The property can be a great recreational property with miles of roads for riding & there are areas on the property ideal for wild hog & turkey....maybe deer. The land is ditched on all sides for maintaining the water table to raise citrus or other crops. The elevation is about 50-60 feet. The area is being sought for "big out & away home sites" away from the big cities of South Florida. If seeking a rural & more relaxed lifestyle, then this acreage is a valued asset. Two homes are in the general 1 mile area. Electricity is on the north side of the property & is the most important factor when acquiring a rural property. Most rural properties in the area do not have electricity & obtaining electric service is prohibitive due to the tremendous cost of the pole lines construction which can be in the thousands of dollars. Access is via Neal Road & by well-maintained internal access roads coming from the east & south of the property. In the past the grove was maintained by a Grove Service but currently is not under any maintenance agreement. The 10 acres is in the East Charlotte Drainage District & there is an annual fee assessed through the annual tax bill.

Last Agent to Sell the Property

Lindsay Harrington GRI

COLDWELL BANKER REALTY License #316047 Listed on: 10/21/2020

COLDWELL BANKER 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

  • $296

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 660 x 660
  • Property fronts a private road
  • Property fronts an easement
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned AG

Schools

  • East Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Farming

  • Citrus Farm
  • Crops Farm
  • Nursery Farm
  • Cattle
  • Chicken Farm
  • Hogs
  • Horse Farm
  • Livestock
  • Drainage Canal

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Association fees include ground maintenance, private road, water

Listing and Financial Details

  • Tax Lot P46AB
  • Assessor Parcel Number 402614301003

Property Details

Property Type

Land

Est. Annual Taxes

$296

Lot Details

0

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Private Road, Water
  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 10.00
  • Lot Size Sq Ft: 435600
  • Number Of Lots: 3
  • Farm Type: Cattle, Chicken, Citrus, Crops, Hogs, Horse, Livestock, Nursery
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Flood Zone Code: x
  • Flood Zone Panel: 0325F
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Dirt

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Canal/Lake For Irrigation, Well Required

Condo/Co-op/Association

  • S W Subdiv Community Name: Not Applicable

Fee Information

  • Other Fees Amount: 499
  • Other Fees Term: Annual
  • Amenities Additional Fees: The Association is a Water Management District named East Charlotte Drainage District. Purpose is to maintain water levels for seepage irrigation and to remove water when too high. High water is not good for citrus. Road systems are maintained too.
  • Total Annual Fees: 499.00
  • Total Monthly Fees: 41.58

Schools

  • Elementary School: East Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Price Per Acre: 7000
  • Total Acreage: 10 to less than 20
  • Zoning: AG
  • Parcel Number: 402614301003
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Features: Buildable, Drainage Canal, In County, Rural
  • Lot Dimensions: 660 X 660
  • Lot Size Square Meters: 40469

Tax Info

  • Tax Annual Amount: 295.80
  • Tax Lot: P46AB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 29, 2020
Sold by
Razorback Capital Llc
Bought by
Sukovich Cherie A
Seller's Agent
Lindsay Harrington GRI
COLDWELL BANKER REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$74,500
Sold Price
$70,000
Premium/Discount to List
-$4,500
-6.04%
Current Estimated Value
$230,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,349
Avg. Annual Appreciation
28.10%
Original Mortgage
$49,000
Outstanding Balance
$35,193
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$195,156

Purchase Details

Closed on
Apr 25, 2001
Sold by
Varner David O
Bought by
Varner Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.11%
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
Sukovich Cherie A $70,000 Florida Abstract & Security Ti
Varner Karen R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sukovich Cherie A $49,000
Previous Owner Varner Karen R $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2021 01/18/21 Sold $70,000 -6.0% --
11/16/2020 11/16/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $74,500 -- --
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
2024 $2,061 $57,795 $52,063 $5,732
2023 $2,022 $46,940 $0 $0
2022 $1,856 $43,045 $37,188 $5,857
2021 $1,411 $33,469 $33,469 $0
2020 $373 $9,563 $9,563 $0
2019 $296 $6,474 $6,474 $0
2018 $148 $2,403 $0 $0
2017 $170 $2,402 $0 $0
2016 $172 $2,402 $0 $0
2015 $167 $2,402 $0 $0
2014 $187 $3,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7434760

Stellar MLS

APN: 402614301003