NOT LISTED FOR SALE

501 Ricold Terrace Port Charlotte, FL 33954

Estimated Value: $188,000 - $253,000

3 Beds
2 Baths
1,038 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $248,000 $239 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,554/month

20 Days on Market

Highlights

  • 95 Feet of Waterfront
  • View of Trees or Woods
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Home

As of March 2022

PERFECT STARTER HOME OR INVESTMENT OPPORTUNITY! CHARMING 3 BEDROOM, 2 BATH, 1-CAR GARAGE WATERFRONT HOME IN OAK HOLLOW LOCATED IN THE HEART OF PORT CHARLOTTE! Home offers soothing paint colors, easy to care for tile flooring in the bedrooms and bathrooms and plush carpet in the living room. The kitchen offers a closet pantry and tasteful backsplash. Master bedroom offers a private bath plus there are 2 additional good sized guest bedrooms and guest bath. Public water and sewer plus underground utilities. Community offers a HUGE pool, basketball courts, playground, tennis courts and additional entertainment offered at the clubhouse. Great location minutes from Murdock restaurant and shopping district, schools, library, cultural center and just a short drive to historic downtown Punta Gorda with community events and entertainment. Don’t miss this opportunity! Call for your private showing today!

Last Agent to Sell the Property

Brian Helgemo

COMPASS FLORIDA License #3041311 Listed on: 02/11/2022

COMPASS FLORIDA

Last Buyer's Agent

Brian Helgemo

COMPASS FLORIDA License #3041311 Listed on: 02/11/2022

COMPASS FLORIDA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 1989

Lot Details

  • 7,348 Sq Ft Lot
  • 95 Feet of Waterfront
  • Property fronts a freshwater canal
  • East Facing Home
  • Property is zoned PD

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Woods
  • Canal

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,038 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Electric Fireplace
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Freshwater Canal
  • Covered Patio or Porch

Schools

  • Liberty Elementary School
  • Murdock Middle School
  • Port Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, pool maintenance, recreational facilities
  • Oak Hollow Community Association, Phone Number (573) 999-9935
  • Visit Association Website
  • Port Charlotte Community
  • Port Charlotte Sec 96 02 Subdivision
  • The community has rules related to deed restrictions, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 1989

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 1038
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1398
  • Lot Size Sq Ft: 7348
  • Directions to Property: Take Peachland Blvd East, turn right on Bachmann Blvd, left on Isobar Ave, left on Ricold Terrace and home will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7455129?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7455129?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.03766
  • Price per Sq Ft: 238.92
  • Close to Original List Price Ratio: 1.03766
  • Ratio: Current Price\Building Area Total: 177.4
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Decorative, Electric
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 501
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Lion Heart Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Canal
  • Water Access: Canal - Freshwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 95
  • Water Frontage Feet Canal Fresh: 95
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Park, Playground, Pool, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pool, Recreation Facilities, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 150
  • Association Fee Frequency: Quarterly
  • Association Name: OAK HOLLOW COMMUNITY
  • Phone: 573-999-9935
  • Association: Yes
  • Senior Community: No
  • Association Website: oakhollowpoa.com
  • Association Email: oakhollowmanager@comcast.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Schools

  • Elementary School: Liberty Elementary
  • High School: Port Charlotte High
  • Middle Or Junior School: Murdock Middle

Lot Info

  • Zoning: PD
  • Parcel Number: 402205478015
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: Background check and credit check, buyer to verify approval process with HOA
  • Pet Restrictions: Contact HOA for additional information and restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA for additional information and restrictions

Tax Info

  • Tax Annual Amount: 2501.8
  • Tax Block: 5294
  • Tax Book Number: 16-22A
  • Tax Lot: 26

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2015
Sold by
Cain Keith
Bought by
Wierzbicki David E
Current Estimated Value
$222,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$50,949
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$174,278

Purchase Details

Closed on
Nov 18, 2013
Sold by
Stuart Sally
Bought by
Cain Keith

Purchase Details

Closed on
Dec 31, 2008
Sold by
Cain Keith
Bought by
Stuart Sally Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,148
Interest Rate
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 28, 2006
Sold by
Ortiz Carmen M
Bought by
Cain Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 1999
Sold by
Meshinsky Edward and Meshinsky Joyce C
Bought by
Ortiz Carmen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.79%
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
Wierzbicki David E $85,000 Shoreland Title Inc
Cain Keith -- Attorney
Stuart Sally Ann -- None Available
Cain Keith $125,000 Executive Title Ins Svcs Inc
Ortiz Carmen M $48,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wierzbicki David E $63,750
Previous Owner Stuart Sally Ann $111,148
Previous Owner Cain Keith $112,500
Previous Owner Ortiz Carmen M $74,100
Previous Owner Ortiz Carmen M $10,638
Previous Owner Ortiz Carmen M $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $248,000 0.0% $239 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/28/2022 02/28/22 For Sale -- -- --
02/14/2022 02/14/22 Off Market $248,000 -- --
02/11/2022 02/11/22 For Sale $239,000 -- $230 / 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
2023 $3,498 $176,172 $29,750 $146,422
2022 $2,851 $157,902 $21,250 $136,652
2021 $2,502 $111,096 $13,600 $97,496
2020 $2,495 $113,987 $13,600 $100,387
2019 $2,343 $111,930 $12,750 $99,180
2018 $2,077 $105,770 $11,348 $94,422
2017 $1,885 $85,733 $7,565 $78,168
2016 $1,763 $75,275 $0 $0
2015 $1,515 $55,755 $0 $0
2014 $1,327 $50,686 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7455129

Stellar MLS

APN: 402205478015