NOT LISTED FOR SALE

47400 Bermont Rd Punta Gorda, FL 33982

Estimated Value: $255,484

20 Acres
$12,774 Price per Acre
871,200 Sq Ft Lot

Last Sold May 03, 2023

Last sale price $300,000

Est. 15% decrease in value since last sale

Current estimated payment $1,354/month

Highlights

  • 20 Acre Lot
  • No HOA
  • Barbed Wire

About This Lot

As of May 2023

"Big Prairie Homestead" ... is an improved but vacant 20 acre parcel located on the high plain prairie of Eastern Charlotte Co. History flourishes on this prairie....this is the same prairies of the Conquistadors, renown Artist Frederick Remington, Ziba King, Bones Mizell, Chief Osceola and the treacherous native Calusa natives of Ponce de Leon's fame. This is a rare offering that includes improvements...that is...the land has been selectively cleared years ago for a home and pasture and now many oak trees remain giving the property an "old Florida appearance" which is the request of many land purchasers who seek the appeal of Old Florida? In a 1 square mile area there are about 10-12 homes offering quiet surroundings with a nice genteel neighborhood typical of a rural community. "Everyone helps each other when in need." This parcel previously housed a residence (manufactured home) which has been removed. A well of over 200 foot depth (owners statement) and a septic tank with septic field which previously supported a 3 bedroom-2 bath home remains on the property. Barns, pole barns, outside structures incidental to agriculture are permitted without a building permit as long as there is no electric or plumbing hookups which is an great amenity to AG acreage. The well is in great condition and can pump 4,000 gallons (owners statement) for watering purposes on any day. Property is fenced and cross fenced with two street fronts...one of 660 feet along the southern border...the other of 1,320 feet along the eastern boundary. Entrance to the "homestead" is at the middle of the southern road front. The elevation puts this land an "X" rated flood zone property meaning the land is highly unlikely ever to be flooded. USGS shows an elevation here of between 58 to 60 feet above sea level. Zoning is Agriculture (AG) allowing a minimum of 1 home per 10 acres. Agriculture & agricultural activities is associated with rural-style living, conservation, agriculture, low-density residential, recreation. Agriculture operations with residential uses are permitted only at very low densities & to accommodate those who understand & desire to live in an AG environment. Principal uses & structures are low density residential, animals, poultry, dairy. Breeding, training & boarding, harvesting, cultivation, processing & sale of crops, including silvi-aqua-citriculture. Single-family dwellings, barns, workshops & other structures incidental to AG uses. Recreational uses such as hunting, fishing & educational tours. With exceptions...recreation facilities such as country clubs; racetracks; pistol, rifle, skeet, trap shooting & archery ranges & riding stables. Parcel is under a cattle lease to be vacated upon sale

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 05/03/2023

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Lindsay Harrington GRI

COLDWELL BANKER REALTY License #316047

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $111

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660 x 1320
  • Dirt Road
  • Barbed Wire
  • Property is zoned AG

Utilities

  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 402625100005

Property Details

Property Type

Land

Est. Annual Taxes

$111

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 20
  • Lot Size Sq Ft: 871200
  • Status: Sold
  • Ownership: Sole Proprietor
  • RATIO Current Price By Calculate: 0.34
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available, Water Connected
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: AG
  • Parcel Number: 402625100005
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Barbed Wire, Fenced
  • Lot Dimensions: 660 x 1320
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 111.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Apr 28, 2023
Sold by
Murphy Frankie L
Bought by
Riczo Edward
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Lindsay Harrington GRI
COLDWELL BANKER REALTY
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$255,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,516
Avg. Annual Appreciation
-6.25%
Original Mortgage
$275,000
Outstanding Balance
$267,395
Interest Rate
6.42%
Mortgage Type
Seller Take Back
Estimated Equity
-$11,911

Purchase Details

Closed on
May 16, 1995
Sold by
Nelson Frank V and Nelson Mary M
Bought by
Murphy Frankie Lynn
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
Riczo Edward $300,000 Suncoast One Title & Closings
Murphy Frankie Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riczo Edward $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $300,000 0.0% --
05/03/2023 05/03/23 For Sale $300,000 -- --
01/12/2023 01/12/23 Pending -- -- --
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 $131 $5,591 $0 $0
2022 $111 $5,714 $0 $0
2021 $117 $5,874 $5,874 $0
2020 $125 $6,321 $6,321 $0
2019 $142 $7,242 $7,242 $0
2018 $143 $7,684 $7,684 $0
2017 $371 $10,017 $0 $0
2016 $360 $9,515 $0 $0
2015 $356 $9,148 $0 $0
2014 $317 $8,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J960841

Stellar MLS

APN: 402625100005