NOT LISTED FOR SALE

5024 Montego Ln Port Charlotte, FL 33981

Gulf Cove Neighborhood

Estimated Value: $258,696 - $332,000

0.29 Acre
$1,034,221 Price per Acre
12,632 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $6,800

Est. 4,370% increase in value since last sale

Current estimated payment $1,937/month

634 Days on Market

Highlights

  • Waterfront Community
  • Wooded Lot
  • High Speed Internet
  • Boat Ramp
  • Oversized Lot
  • Heating Available

About This Lot

As of August 2020

Oversized Vacant Lot available in the waterfront community of Gulf Cove. Plenty of room to build your Dream Home with a 3-car garage & pool if you desire. Convenient to Boating & Fishing, right on the Myakka River. The Beautiful Beaches of Boca Grande, Englewood & Manasota Key, Restaurants & Golf Courses, Shopping & so much more. Now is the time to build your Dream Home & start Living the Florida Lifestyle.

Last Agent to Sell the Property

Sharon Rodgers

MICHAEL SAUNDERS & COMPANY License #3335717 Listed on: 10/22/2018

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x132x120x126
  • Property fronts a county road
  • Southwest Facing Home
  • Oversized Lot
  • Wooded Lot
  • Property is zoned RSF3.5

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Septic Needed
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 1855
  • Assessor Parcel Number 402131201004

Community Details

Overview

  • Port Charlotte Community
  • Port Charlotte Sec 056 Subdivision

Recreation

  • Boat Ramp
  • Waterfront Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12559
  • Directions to Property: From FL-776/S McCall Rd turn on Cannon St. Make a sharp Right turn on Montego Ln. Lot is on the Left. See MS&C sign.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.8
  • Price per Sq Ft: 0.54
  • Close to Original List Price Ratio: 0.5913
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5024

Exterior Features

  • Direction Faces: Southwest
  • Road Frontage Type: City Street, County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Easements: Check With County
  • Water View Y N: No
  • Front Footage: 80
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0203F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Waterfront Complex
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402131201004
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Oversized Lot, Room For Pool, Wooded
  • Lot Dimensions: 80x132x120x126
  • Price Per Acre: 23448
  • Flood Zone Code: X
  • Flood Zone Date: 2003-05-05
  • Current Adjacent Use: Residential, Vacant
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Check the Gulf Cove HOA for Pet Restrictions

Tax Info

  • Tax Annual Amount: 323.29
  • Tax Block: 1855
  • Tax Book Number: 5-70
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2021
Sold by
D R Horton Inc
Bought by
Jordan Jennifer M
Current Estimated Value
$303,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,993
Outstanding Balance
$200,934
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$104,688

Purchase Details

Listed on
Oct 22, 2018
Closed on
Aug 10, 2020
Sold by
Fasanella Georgene D and Fasanell Matthew F
Bought by
Royal Southwest Holdings Llc
Seller's Agent
Sharon Rodgers
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$11,500
Sold Price
$6,800
Premium/Discount to List
-$4,700
-40.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.73%

Purchase Details

Closed on
Jun 22, 1995
Sold by
Fasanella Matthew F and Fasanella Loretta H
Bought by
Fasanella Matthew F and Fasanella Georgene D
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
Jordan Jennifer M $222,015 Dhi Title Of Florida Inc
Royal Southwest Holdings Llc $6,800 Title Junction Llc
Fasanella Matthew F $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Jennifer M $217,993
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $6,800 -20.0% --
07/17/2020 07/17/20 Pending -- -- --
11/04/2019 11/04/19 Price Changed $8,500 -26.1% --
10/22/2018 10/22/18 For Sale $11,500 -- --
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 $3,322 $204,322 $0 $0
2022 $3,188 $198,371 $14,025 $184,346
2021 $303 $4,686 $4,686 $0
2020 $331 $4,686 $4,686 $0
2019 $323 $4,373 $4,373 $0
2018 $312 $4,165 $4,165 $0
2017 $307 $4,046 $4,046 $0
2016 $302 $2,922 $0 $0
2015 $291 $2,656 $0 $0
2014 $282 $2,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Rodgers

    Seller's Agent in 2020

    Sharon Rodgers

    Michael Saunders

    (941) 716-7731

    23 in this area

    229 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Stellar Non-Member Agent

    FL_MFRMLS

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Map

Source: Stellar MLS

MLS Number: D6102995

Stellar MLS

APN: 402131201004

Florida Charlotte County Port Charlotte 33981 Gulf Cove

5024 Montego Ln, Port Charlotte, FL

This home is located at 5024 Montego Ln, Port Charlotte, FL 33981 since 22 October 2018 and is currently estimated at $299,924. 5024 Montego Ln is a home located in Charlotte County with nearby schools including Myakka River Elementary School, L.A. Ainger Middle School, and Lemon Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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