$665,000
SOLD FEB 18, 2025

5016 Palangos Dr Punta Gorda, FL 33982

4 Beds
2 Baths
2,167 Sq Ft
5 Acres

Recently Sold

$307 Per Sq Ft

8% Below List Price

189 Days on Market

Highlights

  • Access To Pond
  • Pond View
  • Cathedral Ceiling
  • Home fronts a pond
  • 5 Acre Lot
  • No HOA

About This Home

As of February 2025

MOTIVATED SELLERS RELOCATING JUST REDUCED BRING US AN OFFER!! LOCATED IN FLOOD ZONE X, NO DAMAGE TO THE HOUSE, BARN ,FROM RECENT HURRICANES, MOVE IN READY!! Discover Your Dream Home in the Beautiful Countryside of Punta Gorda: A Serene and Spacious 4-Bedroom, 2 Bath Oasis.

Welcome to your idyllic retreat nestled on a sprawling 5-acre lot in the picturesque Punta Gorda countryside. This breathtakingly updated property offers you the perfect blend of peace, privacy, and space. Step inside your dream home and be welcomed by the cozy ambiance of the living room, where the gas fireplace, meticulously modeled with 100-year-old barn wood creates a warm and inviting atmosphere. The open-concept kitchen, with its sleek, newly updated cabinets and stylish backsplash is truly the heart of the home. Take advantage of the stainless steel appliances as you cook up delicious meals for your family and friends. This home boasts updated impact windows, a split bedroom concept, with the primary bedroom separated from the 3 other bedrooms and the large laundry/bonus room for your privacy. Your primary bedroom features dual closets for ample storage and a beautiful ensuite bathroom with a tranquil garden bath, a walk-in shower, and two vanities. Enjoy the calming sounds of nature as you sip coffee in the mornings on the screened and covered lanai looking out on your own private pond, and end your day with a glass of wine, watching the sunset on the covered front porch. You will never have to worry about going without power as the home boasts a whole-home generator and gas appliances.

Not only does this property have a 2-car attached garage, but for additional vehicle storage you will have a fully insulated outbuilding 32x40 10 ft ceiling ,with zone-controlled AC, pull-through garage doors, running water both inside and outside, and a 50 amp RV hookup outside.

Situated at the end of a secluded road, this exquisite retreat offers unparalleled privacy and a home security surveillance system. . A fenced-back yard adorned with beautiful landscaping, and mature trees across the property provides a perfect setting for outdoor activities, and entertaining guests and even has the potential to be a wonderful horse property.

Tranquil living is within your grasp, with shopping, dining, and entertainment a mere 15 minutes away in downtown Punta Gora. Don't miss out on this incredible opportunity to call this stunning property your own! Contact us today to schedule a private viewing and start living the peaceful life that you deserve.

Last Agent to Sell the Property

Rory McDonald

PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3273538 Listed on: 07/11/2024

PREFERRED SHORE LLC

Last Buyer's Agent

Robbie Sifrit

MARINA PARK REALTY LLC License #677747

MARINA PARK REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 2004

Lot Details

  • 5 Acre Lot
  • Home fronts a pond
  • West Facing Home
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,167 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • French Doors
  • Living Room
  • Pond Views

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • 2 Full Bathrooms

Outdoor Features

  • Access To Pond

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gorda Acres 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,081

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2167
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 4799
  • Lot Size Sq Ft: 217800
  • Directions to Property: From US 17 turn right onto Belmont Road. Continue on Belmont Road, then turn left onto Palangos Drive. The property is situated on the right side at the end of Palangos Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 508758250
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 306.88
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Dual Closets
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-999-1179
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5016
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 201.32
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: French Doors
  • Roof: Other
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Check county rules and regulations.

Fee Information

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

Lot Info

  • Zoning: RE1
  • Parcel Number: 402336227001
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 20234

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Check county rules and regulations.

Tax Info

  • Tax Annual Amount: 3080.9
  • Tax Block: B
  • Tax Book Number: 1-11
  • Tax Lot: 17

Multi Family

  • Waterfront Features: Pond
  • Approval Process: Check county rules and regulations.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Feb 18, 2025
Sold by
Howard Kimberly and Gillet David Thomas
Bought by
Barnhard Christopher and Barnhard Dawn
Seller's Agent
Rory McDonald
PREFERRED SHORE LLC
Buyer's Agent
Robbie Sifrit
MARINA PARK REALTY LLC
List Price
$725,000
Sold Price
$665,000
Premium/Discount to List
-$60,000
-8.28%
Views
108
Current Estimated Value
$659,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,989
Avg. Annual Appreciation
3.32%
Original Mortgage
$598,500
Outstanding Balance
$598,003
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$79,706

Purchase Details

Closed on
May 14, 2019
Sold by
Howard Charles M
Bought by
Gillet David Thomas and Gillet Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,932
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 2002
Sold by
Mcfadden Edward F
Bought by
Gillet David T and Howard Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,490
Interest Rate
7.02%

Purchase Details

Closed on
May 20, 1999
Sold by
Delise Thomas F
Bought by
Mcfadden Edward F
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 Type Sale Price Title Company
Warranty Deed $665,000 Proof Title
Quit Claim Deed -- 1St Choice Title Llc
Warranty Deed $27,500 --
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,500 New Conventional
Previous Owner $219,932 FHA
Previous Owner $52,000 Stand Alone Second
Previous Owner $254,748 Unknown
Previous Owner $90,000 Credit Line Revolving
Previous Owner $13,000 Credit Line Revolving
Previous Owner $187,850 New Conventional
Previous Owner $21,490 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $665,000 -3.6% $307 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
12/14/2024 12/14/24 Price Changed $689,900 -1.4% $318 / Sq Ft
09/24/2024 09/24/24 Price Changed $699,900 -3.5% $323 / Sq Ft
09/12/2024 09/12/24 For Sale $725,000 0.0% $335 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $725,000 -- $335 / 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 $3,081 $169,847 -- --
2023 $3,081 $164,793 $0 $0
2022 $2,923 $160,153 $0 $0
2021 $2,914 $155,488 $0 $0
2020 $2,822 $153,341 $0 $0
2019 $2,714 $149,893 $0 $0
2018 $2,336 $146,878 $0 $0
2017 $2,307 $143,857 $0 $0
2016 $2,287 $140,898 $0 $0
2015 $2,280 $139,919 $0 $0
2014 $2,235 $138,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4616549

Stellar MLS

APN: 402336227001