NOT LISTED FOR SALE

501 Magnolia Ave NW Port Charlotte, FL 33952

Estimated Value: $235,000 - $283,000

3 Beds
2 Baths
1,528 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 31, 2020

Last sale price $185,000 $121 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,744/month

4 Days on Market

Highlights

  • Florida Architecture
  • No HOA
  • Rear Porch
  • Corner Lot
  • Mature Landscaping
  • 2 Car Attached Garage

About This Home

As of October 2020

UPDATED and well maintained 3 bedroom, 2 bath, 2 car garage home on a CORNER LOT!! The master bedroom has a LARGE WALK-IN CLOSET & the renovated kitchen includes stainless steel appliances, real wood cabinets and a spot for your kitchen table or entertaining/seating area. The air Conditioner was replaced in 2014 and the home has been freshly landscaped too! The home includes a generous sized lanai and 2 sheds. Located close to the West Springlake public boat launch, this location is sure to please the avid boater. The William R. Gaines Jr. Veterans Memorial Park is close by and they will be expanding it to include a new access road and playground. Magnolia Dr is close to Route 41, Kings Highway and I-75. Englewood, Venice and Boca Grande beaches are approximately a 30 minute drive. Make an appointment today to see this wonderful home. Seller requires a lease-back through April 2021. See the attached virtual tour for a difference perspective. **SMALL PETS ON SITE. DO NOT LET OUT**

Last Agent to Sell the Property

Leslie Poole

POOLE REALTY GROUP, LLC License #3220384 Listed on: 10/06/2020

Last Buyer's Agent

Cathy Keyes

GULF REALTY & ASSOCIATES LLC License #3399965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1981

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Corner Lot
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,528 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Ceramic Tile Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Shed
  • Rear Porch

Location

  • Flood Zone Lot

Schools

  • Meadow Park Elementary School
  • Murdock Middle School
  • Port Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Charlotte Community
  • Port Charlotte Sec 010 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1528
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2366
  • Lot Size Sq Ft: 15051
  • Directions to Property: Edgewater Dr to West Tarpon. Left on Magnolia, home is the first one on the left.
  • Status: Sold
  • Street Post Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7433590?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7433590?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.94872
  • Price per Sq Ft: 121.07
  • Close to Original List Price Ratio: 0.94872
  • Ratio: Current Price\Building Area Total: 78.19
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 501
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0226F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Meadow Park Elementary
  • High School: Port Charlotte High
  • Middle Or Junior School: Murdock Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402221329005
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2561
  • Tax Block: 129
  • Tax Book Number: 4-20
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Scola Joseph A and Scola Nancy K
Bought by
Cala Barbara A
Current Estimated Value
$250,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,185
Outstanding Balance
$24,266
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$226,257

Purchase Details

Listed on
Oct 6, 2020
Closed on
Oct 30, 2020
Sold by
Corbin Jerry Glenn and Corbin Peggy Elizabeth
Bought by
Scola Joseph A and Scola Nancy K
Seller's Agent
Leslie Poole
POOLE REALTY GROUP, LLC
Buyer's Agent
Cathy Keyes
GULF REALTY & ASSOCIATES LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Listed on
Oct 21, 2017
Closed on
Feb 12, 2018
Sold by
Le Valenti Jeannie and Le Anza Richard
Bought by
Corbin Jerry Glenn
Seller's Agent
Susan Becker
HOME MATCHMAKING REALTY
Buyer's Agent
Kevin Hall
CHAMPION REALTY SERVICES, LLC
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$156,750
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 1993
Sold by
Valenti Miles S and Valenti Rosalia
Bought by
Anza Richard Le and Valenti Jeannine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.52%
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
Cala Barbara A $205,000 Stewart Title Company
Scola Joseph A $185,000 First International Ttl Inc
Scola Joseph A $185,000 First International Title
Corbin Jerry Glenn $165,000 Burnt Store Title & Escrow L
Anza Richard Le $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cala Barbara A $137,185
Previous Owner Corbin Jerry Glenn $156,750
Previous Owner Anza Richard Le $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2020 10/31/20 Sold $185,000 -5.1% $121 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/05/2020 10/05/20 For Sale $195,000 +18.2% $128 / Sq Ft
02/15/2018 02/15/18 Sold $165,000 -2.9% $108 / Sq Ft View Prior Sale
01/09/2018 01/09/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $169,900 0.0% $111 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $169,900 0.0% $111 / Sq Ft
11/04/2017 11/04/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $169,900 -- $111 / Sq Ft
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 $4,923 $259,541 $16,150 $243,391
2023 $4,923 $215,940 $0 $0
2022 $5,162 $248,893 $14,450 $234,443
2021 $3,740 $153,908 $5,780 $148,128
2020 $2,652 $129,035 $0 $0
2019 $2,561 $126,134 $0 $0
2018 $3,334 $145,127 $5,015 $140,112
2017 $3,192 $137,647 $4,760 $132,887
2016 $3,063 $115,717 $0 $0
2015 $2,867 $105,197 $0 $0
2014 $2,626 $95,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7433590

Stellar MLS

APN: 402221329005