NOT LISTED FOR SALE

Estimated Value: $32,000 - $340,000

0.23 Acre
$588,404 Price per Acre
9,999 Sq Ft Lot

Last Sold February 08, 2022

Last sale price $26,500

Est. 412% increase in value since last sale

Current estimated payment $787/month

139 Days on Market

Highlights

  • Waterfront Community
  • Water Access
  • High Speed Internet
  • Boat Ramp
  • Park

About This Lot

As of February 2022

Nice lot in the booming Gulf Cove area of Port Charlotte!! And the adjacent corner lot is for sale also. (5177 Venus Terrace). MUST BE SOLD TOGETHER. Close to 1/2 acre can be yours in the beautiful riverfront community of Gulf Cove. Corner and interior lot are located real close to community park and boat launch too! HOA fee is optional @ $60 per year as voting member and/or $60 boat ramp sticker. Why pay more in property taxes to live on the water when you can put your boat in the community park by purchasing a sticker?? Also Charlotte County has numerous public boat ramps for a small annual fee. Appx. 15 minute drive will have you at Gulf beaches and several golf courses. Want to build now with extra room or invest for later, take a look today - before all the choice lots are gone!!

Last Agent to Sell the Property

Maureen Duso

OCEAN PARTNERS REAL ESTATE License #683007 Listed on: 08/28/2021

Co-Listed By

Kelli Geddeis

OCEAN PARTNERS REAL ESTATE License #3058043

Last Buyer's Agent

Heidi Choiniere

COLDWELL BANKER SUNSTAR REALTY License #3445168

COLDWELL BANKER SUNSTAR REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $327

Lot Details

  • 9,999 Sq Ft Lot
  • Lot Dimensions are 85x125
  • South Facing Home
  • Additional Parcels
  • Property is zoned RSF3.5

HOA Fees

  • $5 Monthly HOA Fees

Schools

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

Utilities

  • Septic Needed
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 1740
  • Assessor Parcel Number 402132251005

Community Details

Overview

  • Association Phone (941) 697-7162
  • Gulf Cove Community
  • Port Charlotte Sec 053 Subdivision

Recreation

  • Boat Ramp
  • Waterfront Community
  • Park
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$327

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9999
  • Number Of Lots: 1
  • Directions to Property: EAST OR WEST ON 776 TO GILLOT BLVD, IMMEDIATE RIGHT ON DAVID BLVD, LEFT ON ELLSWORTH, RIGHT HOPKINS, LEFT ON VENUS, TO 5176 FAREWELL AND ADJACENT LOT 5177 VENUS MLS C7446635
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045905
  • Status: Sold
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5176

Exterior Features

  • Direction Faces: South
  • Flood Zone Code: 8AE
  • Road Surface Type: Paved

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Street Lights, Water Nearby
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Gulf Cove
  • Community Features: Community Boat Ramp, Park, Water Access, Waterfront
  • Monthly HOA Fees: 5.00
  • Association Fee: 60.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Optional
  • Phone: (941) 697-7162
  • Association: Yes
  • Association Email: POGC@GULFCOVE.ORG
  • Association Website: http://WWW.GULFCOVE.ORG

Fee Information

  • Total Annual Fees: 60.00
  • Total Monthly Fees: 5.00

Schools

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

Lot Info

  • Price Per Acre: 115217
  • Zoning Compatible: Yes
  • Total Acreage: 0 to less than 1/4
  • Zoning: RSF3.5
  • Parcel Number: 402132251005
  • Additional Parcels: Yes
  • Current Use: Residential
  • Lot Dimensions: 85X125
  • Lot Size Square Meters: 929

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 326.92
  • Tax Block: 1740
  • Tax Book Number: 5-67
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Feb 8, 2022
Sold by
Vella Charles E and Vella Mary J
Bought by
Polder John F
Seller's Agent
Maureen Duso
OCEAN PARTNERS REAL ESTATE
Buyer's Agent
Heidi Choiniere
COLDWELL BANKER SUNSTAR REALTY
List Price
$29,000
Sold Price
$26,500
Premium/Discount to List
-$2,500
-8.62%
Total Days on Market
139
Current Estimated Value
$135,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,167
Avg. Annual Appreciation
53.52%

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 6, 2021
Sold by
Brahic Alexia
Bought by
Vella Charles E and Vella Mary J
Seller's Agent
Shea Louis
CENTURY 21 SUNBELT REALTY
Buyer's Agent
Shea Louis
CENTURY 21 SUNBELT REALTY
List Price
$16,000
Sold Price
$13,500
Premium/Discount to List
-$2,500
-15.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
213.66%

Purchase Details

Closed on
Dec 21, 2012
Sold by
Land Investors Corporation
Bought by
Brahic Alexia

Purchase Details

Closed on
Oct 12, 2012
Sold by
Sterling Trust Co
Bought by
Land Investors Corporation

Purchase Details

Closed on
Jan 5, 2004
Sold by
Nelson Roberta L
Bought by
Sterling Tr Co

Purchase Details

Closed on
Dec 27, 2001
Sold by
Nelson Roberta L
Bought by
Nelson Roberta L
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
Polder John F $53,000 Burnt Store Title & Escrow
Vella Charles E $27,000 First International Ttl Inc
Brahic Alexia $25,000 Florida Abstract & Security
Land Investors Corporation $11,000 Florida Abstract & Security
Sterling Tr Co $12,200 --
Nelson Roberta L $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2022 02/08/22 Sold $26,500 -11.7% --
01/14/2022 01/14/22 Pending -- -- --
01/09/2022 01/09/22 Price Changed $30,000 +7.1% --
12/15/2021 12/15/21 Price Changed $28,000 +1.8% --
10/21/2021 10/21/21 Price Changed $27,500 -5.2% --
08/28/2021 08/28/21 For Sale $29,000 +114.8% --
07/09/2021 07/09/21 Sold $13,500 -15.6% --
05/30/2021 05/30/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $16,000 -- --
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 $520 $17,000 $17,000 $0
2022 $448 $14,025 $14,025 $0
2021 $327 $6,248 $6,248 $0
2020 $360 $6,248 $6,248 $0
2019 $358 $6,248 $6,248 $0
2018 $345 $5,950 $5,950 $0
2017 $341 $5,780 $5,780 $0
2016 $341 $5,780 $0 $0
2015 $334 $5,313 $0 $0
2014 $324 $5,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7448118

Stellar MLS

APN: 402132251005