NOT LISTED FOR SALE

508 Madrid Blvd Punta Gorda, FL 33950

Burnt Store Isles Neighborhood

Estimated Value: $740,000 - $943,000

3 Beds
2.5 Baths
2,353 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $669,000 $284 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,990/month

6 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Dock made with concrete
  • Screened Pool
  • Sallie Jones Elementary School Rated A-
  • Water access To Gulf or Ocean
  • Custom Home

About This Home

As of January 2020

Sailboat & Golf Community of Burnt Store Isles! Amazing long water views! Custom 3 BD+den/office, 2.5 BA waterfront pool home with sailboat access to Charlotte Harbor leading to the Gulf of Mexico! Beautifully designed open floor plan with 2,353 sq. ft. of living area with arched entryways, volume ceilings, crown molding, built-ins, lighted double tray accents, zero slider in living room and large aquarium window in dinette. Gorgeous kitchen features granite, raised solid wood cabinetry, tile backsplash, stainless appliances, breakfast bar and closet pantry. Master suite offers his and hers walk-in closets, access to lanai and private bath with dual vanities, granite, garden tub and walk-in shower plus separate large closet for storage at bedroom entrance. Split plan includes 2 guest bedrooms, separate full guest bath and inside utility with sink and extra storage. Outdoor entertaining area features covered lanai, screened heated self-cleaning saltwater pool with clearview screen, spa, outdoor kitchen and half bath. Concrete seawall plus extended dock with water and electric. Additional features include circular drive, screened front entry, 2-car garage and hurricane protection including impact resistant windows. Impeccably maintained inside and out! Enjoy lots of privacy in this quiet deed restricted golf course community close to I-75, restaurants, Yacht Club, Fishermen’s Village, and the historic district of Punta Gorda. Optional memberships are available just steps away at Twin Isles Country Club.

Last Agent to Sell the Property

Brian Helgemo

COMPASS FLORIDA License #3041311 Listed on: 10/11/2019

COMPASS FLORIDA

Last Buyer's Agent

Kathy Weithman

CCRFL, LLC. License #3248870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,425

Year Built

  • Built in 2000

Lot Details

  • 10,503 Sq Ft Lot
  • 65 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned GS-3.5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,353 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Breakfast Room
  • Den
  • Inside Utility
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Dock made with concrete
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Sallie Jones Elementary School
  • Punta Gorda Middle School
  • Charlotte High School

Utilities

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

Community Details

  • No Home Owners Association
  • Punta Gorda Isles Community
  • Burnt Store Isles Sec 15 Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,425

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2353
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 3260
  • Lot Size Sq Ft: 10503
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7421138?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7421138?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 284.32
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 205.21
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • Room Count: 9
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Screen Enclosure, Self Cleaning, Tile
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean
  • Water Extras: Bridges - No Fixed Bridges, Dock - Concrete, Dock w/Electric, Dock w/Water Supply, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12015C0243F
  • Waterfront Frontage: 65
  • Water Frontage Feet Canal Salt: 65

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Security System, Security System Owned
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Sallie Jones Elementary
  • High School: Charlotte High
  • Middle Or Junior School: Punta Gorda Middle

Lot Info

  • Zoning: GS-3.5
  • Parcel Number: 412320353014
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 8425
  • Tax Block: 262
  • Tax Book Number: 8-20
  • Tax Lot: 50

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Draber Jan P and Draber Ervin Arthur
Bought by
Draber Ervin Arthur and Draber Jan Peltier
Current Estimated Value
$803,042

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 2, 2020
Sold by
Feeney James C and Feeney Cindy M
Bought by
Draber Jan P
Seller's Agent
Brian Helgemo
COMPASS FLORIDA
Buyer's Agent
Kathy Weithman
CCRFL, LLC.
List Price
$669,000
Sold Price
$669,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Original Mortgage
$469,000
Outstanding Balance
$413,491
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$389,551

Purchase Details

Closed on
Nov 13, 2007
Sold by
Rioux Robert Russell and Rioux Mary Ann
Bought by
Rioux Robert Russell and Rioux Mary Ann

Purchase Details

Closed on
Apr 12, 1999
Sold by
Chapman William P and Chapman Alice O
Bought by
Rioux Robert R and Rioux Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Draber Ervin Arthur -- Accommodation
Draber Jan P $669,000 Attorney
Rioux Robert Russell -- Attorney
Rioux Robert R $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Draber Jan P $469,000
Previous Owner Rioux Robert R $58,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2020 01/02/20 Sold $669,000 0.0% $284 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $669,000 +42.3% $284 / Sq Ft
08/02/2012 08/02/12 Sold $470,000 0.0% $200 / Sq Ft View Prior Sale
08/02/2012 08/02/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $470,000 -- $200 / 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 $9,186 $520,461 $0 $0
2022 $8,852 $505,302 $0 $0
2021 $8,508 $490,584 $170,000 $320,584
2020 $8,264 $492,325 $170,000 $322,325
2019 $8,675 $505,130 $170,000 $335,130
2018 $8,425 $474,370 $165,750 $308,620
2017 $7,865 $437,620 $148,750 $288,870
2016 $7,699 $417,997 $0 $0
2015 $7,250 $391,110 $0 $0
2014 $7,108 $382,605 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Helgemo

    Seller's Agent in 2020

    Brian Helgemo

    COMPASS FLORIDA

    (941) 380-3727

    38 in this area

    1,573 Total Sales

    Brian Helgemo
    Section Image
  • Kathy Weithman

    Buyer's Agent in 2020

    Kathy Weithman

    CCRFL, LLC.

    (810) 444-3044

    185 Total Sales

    Kathy Weithman
    Section Image
  • Terry Morrison

    Seller's Agent in 2012

    Terry Morrison

    RE/MAX

    (941) 916-3101

    27 in this area

    70 Total Sales

    Terry Morrison
    Section Image
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Map

Source: Stellar MLS

MLS Number: C7421138

Stellar MLS

APN: 412320353014

Florida Charlotte County Punta Gorda 33950 Burnt Store Isles

508 Madrid Blvd, Punta Gorda, FL

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.

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