NOT LISTED FOR SALE

Estimated Value: $364,316 - $482,000

2 Beds
2 Baths
1,371 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $275,000 $201 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,607/month

140 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Dock made with wood
  • Mature Landscaping
  • Boat Ramp
  • Canal View
  • Separate Outdoor Workshop

About This Home

As of October 2020

Waterfront home in Gulf Cove. Centrally located between Port Charlotte & Englewood, Gulf Cove is a waterfront community on the Myakka River. This lovely 2 BR/2 Bath home is on the Ackley Waterway, only a few minutes to the Myakka River. Imagine walking out to your new dock, to fish for dinner or launch your boat & head out to the Gulf of Mexico, via Charlotte Harbor & Boca Grande pass. The home features walk in closets in both bedrooms, an updated guest bath, newer appliances in the kitchen & an inside laundry area w/extra storage. A beadboard ceiling in the LR, FR & dining area creates a Florida look. The master bedroom has sliders to the tiled lanai. The Bahama shutters in the front continue with the Florida look as well as give you privacy in the living room. New roof in 2015. Outside you will find a large 12x24 pre-built shed, perfect for storing your toys & tools. Plenty of room for a pool, too. This home is located on a quiet cul-de-sac, with vacant lots in front & across the canal for additional privacy. Gulf Cove features a community boat ramp & park, accessible to property owners only for a nominal yearly fee. HOA is optional. The Charlotte Sports Park, spring training facility for the Tampa Bay Rays & the Charlotte Stone Crabs is right down the road on SR 776. Shopping, dining, golfing & the beaches are a short drive as well. Check out Charlotte County's best kept secret & make it your next home. Owner financing available.

Last Agent to Sell the Property

Robert Gravatt

COLDWELL BANKER SUNSTAR REALTY License #148819 Listed on: 04/02/2020

COLDWELL BANKER SUNSTAR REALTY

Co-Listed By

Darlene Gravatt

COLDWELL BANKER SUNSTAR REALTY License #517775

Last Buyer's Agent

Marianne Miller

PARADISE EXCLUSIVE INC License #3374613

PARADISE EXCLUSIVE INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 1982

Lot Details

  • 9,998 Sq Ft Lot
  • Lot Dimensions are 80x125
  • 80 Feet of Waterfront
  • Property fronts a canal with brackish water
  • Northwest Facing Home
  • Mature Landscaping
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage

Home Design

  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,371 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Canal Views
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Access to Brackish Canal
  • Seawall
  • Dock made with wood
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Schools

  • Myakka River Elementary School
  • L.A. Ainger Middle School
  • Lemon Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Gulf Cove Community
  • Port Charlotte Sec 054 Subdivision

Recreation

  • Boat Ramp
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,490

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1371
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1960
  • Lot Size Sq Ft: 9998
  • Directions to Property: West on SR 776 to Gulf Cove entrance; turn right on Gillot Blvd, turn right on Holton, which becomes David Blvd at curve (church), continue 10 streets to Condado Terrace, turn right on Condado, left on Gorman and right on Ackley Terrace. House is on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7427718?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7427718?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.96491
  • Price per Sq Ft: 200.58
  • Close to Original List Price Ratio: 0.96491
  • Ratio: Current Price\Building Area Total: 140.31
  • View: Yes
  • Co List Office Mls Id: 274501553
  • Co List Office Phone: 941-627-3321
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5090
  • Room Count: 8
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Workshop
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Ackley Waterway
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Water View: Canal
  • Water Access: Canal - Brackish
  • Water Extras: Dock - Wood, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 80
  • Water Frontage Feet Canal Brackish: 80
  • 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: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Park, Playground, Water Access, Waterfront
  • Association Amenities: Park, Playground, Private Boat Ramp
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Schools

  • Elementary School: Myakka River Elementary
  • High School: Lemon Bay High
  • Middle Or Junior School: L.A. Ainger Middle

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 402132207008
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Lot Dimensions: 80x125
  • Flood Zone Code: 8AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 5490.46
  • Tax Block: 1864
  • Tax Book Number: 5-68
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Canal - Brackish

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
Oct 5, 2020
Sold by
Scola Joseph A and Scola Nancy K
Bought by
Spanos Donald J and Spanos Delores J
Seller's Agent
Robert Gravatt
COLDWELL BANKER SUNSTAR REALTY
Buyer's Agent
Marianne Miller
PARADISE EXCLUSIVE INC
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$415,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,829
Avg. Annual Appreciation
9.31%
Original Mortgage
$250,965
Outstanding Balance
$225,727
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$199,631

Purchase Details

Listed on
Jul 20, 2018
Closed on
Oct 23, 2018
Sold by
Razzi Philip R and Razzi Anna I
Bought by
Scola Joseph A and Scola Nancy K
Seller's Agent
Wayne Sheldon
PARADISE EXCLUSIVE INC
Buyer's Agent
Cathy Keyes
GULF REALTY & ASSOCIATES LLC
List Price
$274,900
Sold Price
$229,000
Premium/Discount to List
-$45,900
-16.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Jun 15, 1998
Sold by
Cooper Jerry D and Cooper Sandra K
Bought by
Razzi Philip R and Razzi Anna I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,669
Interest Rate
7.14%
Source: Public Records

Range of Values:

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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
Spanos Donald J $275,000 Gold Crest Title Services
Scola Joseph A $229,000 Attorney
Razzi Philip R $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spanos Donald J $250,965
Previous Owner Razzi Philip R $133,000
Previous Owner Bazzi Phillip R $127,379
Previous Owner Razzi Philip R $89,669
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $275,000 -3.5% $201 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $285,000 +24.5% $208 / Sq Ft
10/23/2018 10/23/18 Sold $229,000 -9.8% $167 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $254,000 -7.6% $185 / Sq Ft
07/20/2018 07/20/18 For Sale $274,900 -- $201 / 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 $4,097 $234,309 $0 $0
2022 $3,954 $227,484 $0 $0
2021 $3,886 $216,742 $104,550 $112,192
2020 $4,269 $207,421 $103,700 $103,721
2019 $5,490 $269,929 $103,700 $166,229
2018 $4,405 $242,598 $93,500 $149,098
2017 $4,163 $226,341 $71,995 $154,346
2016 $3,615 $169,436 $0 $0
2015 $3,577 $157,865 $0 $0
2014 $3,168 $143,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7427718

Stellar MLS

APN: 402132207008