NOT LISTED FOR SALE

48880 Bermont Rd Punta Gorda, FL 33982

Estimated Value: $367,000 - $877,885

29.4 Acres
$21,178 Price per Acre
1,280,664 Sq Ft Lot

Last Sold February 21, 2019

Last sale price $128,000

Est. 386% increase in value since last sale

Current estimated payment $3,776/month

321 Days on Market

Highlights

  • 29.4 Acre Lot
  • No HOA
  • Heating Available
  • Wooded Lot
  • Zoned For Horses

About This Lot

As of February 2019

“High Prairie Acres” is a 29.4 acre parcel located on the high plain of East Charlotte Co. Views are splendid including the colorful skies. The sunrises & sunsets are most scenic here, as well as, the night time view of the stars & the lights to the southwest at Fort Myers. This part of the county is an area of scattered small farms, ranchettes & undeveloped parcels owned by mostly out of state or county property owners. The land consists of a palmetto prairie with scattered trees. The land is ideal for a home or a small farm. Only two homes permitted at this time on this parcel. Property has an elevation of 60 feet above sea level. Drainage to the south & west. Access is via private road(s). Septic & well are required. The land is zoned Agriculture (AG). The only limitations are prescribed by the AG zoning which permits all uses under the description including low density residential (1 home per parcel), conservation, agriculture, recreation and other uses consistent therewith. It is the purpose of the agricultural districts to provide areas for the establishment and/or continuation of agricultural operations with residential uses being permitted only at very low densities and to accommodate those individuals who understand and desire to live in an agricultural environment. There are no deed restrictions. There can be multiple access on private roads to this property but the best access is on the main marl/sand/dirt road off of SR-74.

Last Agent to Sell the Property

Lindsay Harrington GRI

COLDWELL BANKER REALTY License #316047 Listed on: 02/28/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Lindsay Harrington GRI

COLDWELL BANKER REALTY License #316047 Listed on: 02/28/2018

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,367

Lot Details

  • 29.4 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Property fronts an easement
  • Rural Setting
  • Wooded Lot
  • Property is zoned AG

Schools

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

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Association fees include common area taxes

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 402625400005

Property Details

Property Type

Land

Est. Annual Taxes

$2,367

Lot Details

0

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Land
  • Lot Size Acres: 29.4
  • Lot Size Sq Ft: 1280664
  • Status: Sold
  • Total Acreage: 20 to less than 50
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94815
  • Price per Sq Ft: 0.1
  • Close to Original List Price Ratio: 0.94815
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Private Road, Easement
  • Waterfront: No
  • Road Surface Type: Unimproved
  • Water View Y N: No
  • Front Footage: 652
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0325F
  • Road Frontage Ft: 330

Garage/Parking

  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well, Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities Additional Fees: This acreage is in the Bermont Drainage District. There is a $1 per acre annual fee. The district drains water through east-west ditches into the East Charlotte Drainage District to the west and then into Shell Creek then on west to the Peace River.
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: AG
  • Parcel Number: 402625400005
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Rural, Wooded, Zoned for Horses
  • Lot Dimensions: 652 x 1964 Est
  • Price Per Acre: 4354
  • Flood Zone Code: X
  • Flood Zone Date: 2003-05-05
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2367
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Marcellus Park Llc
Bought by
Spears Mark and Spears Charlene
Current Estimated Value
$622,628

Purchase Details

Listed on
Feb 28, 2018
Closed on
Feb 21, 2019
Sold by
Schultz Charles P
Bought by
Marcellus Park Llc
Seller's Agent
Lindsay Harrington GRI
COLDWELL BANKER REALTY
Buyer's Agent
Lindsay Harrington GRI
COLDWELL BANKER REALTY
List Price
$1,350,000
Sold Price
$128,000
Premium/Discount to List
-$1,222,000
-90.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.72%
Original Mortgage
$264,600
Outstanding Balance
$232,156
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$390,472

Purchase Details

Closed on
Dec 5, 1997
Sold by
Schultz Charles P and Schultz Maria
Bought by
Schultz Charles P
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
Spears Mark -- None Available
Marcellus Park Llc $128,000 Suncoast One Title & Closing
Schultz Charles P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcellus Park Llc $264,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2019 02/21/19 Sold $128,000 -90.5% --
01/16/2019 01/16/19 Pending -- -- --
02/28/2018 02/28/18 For Sale $1,350,000 -- --
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 $6,014 $347,817 $0 $0
2022 $5,807 $337,686 $0 $0
2021 $2,634 $124,950 $124,950 $0
2020 $2,643 $124,950 $124,950 $0
2019 $2,418 $109,956 $109,956 $0
2018 $2,331 $109,956 $109,956 $0
2017 $2,359 $109,956 $109,956 $0
2016 $2,274 $102,534 $0 $0
2015 $2,305 $102,534 $0 $0
2014 $2,317 $102,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7249895

Stellar MLS

APN: 402625400005