NOT LISTED FOR SALE

5390 Colfax Terrace Port Charlotte, FL 33981

Gulf Cove Neighborhood

Estimated Value: $245,491 - $271,000

3 Beds
2 Baths
1,144 Sq Ft
$224/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $200,000 $175 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,689/month

1 Day on Market

Highlights

  • Boat Ramp
  • View of Trees or Woods
  • Florida Architecture
  • Barn
  • Vaulted Ceiling
  • Bonus Room

About This Home

As of March 2021

This one owner block home offers 3 bedrooms, 2 bathrooms, and an air conditioned workshop/bonus room! 2018 installed DiamondDeck roof comes with a fully transferable 50 YEAR WARRANTY. Freshly painted interior and exterior compliment this open split floor plan! Garage has partially been converted with AC and can act as workshop or extra living space. Hurricane impact glass custom front door gives generous lighting into your living room. Located in Gulf Cove which has an optional fee for access to a community boat ramp!

Last Agent to Sell the Property

Cassandra Miller

COASTAL RESERVE License #3370822 Listed on: 02/20/2021

Last Buyer's Agent

Matthew Patterson

KW PEACE RIVER PARTNERS License #3225618

KW PEACE RIVER PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1996

Lot Details

  • 9,997 Sq Ft Lot
  • Lot Dimensions are 80 x 123
  • Northwest Facing Home
  • Chain Link Fence
  • Property is zoned RSF3.5

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Bonus Room
  • Views of Woods
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Front Porch

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 17 / 1805
  • Assessor Parcel Number 402131409002

Community Details

Overview

  • Gulf Cove Community
  • Port Charlotte Sec 053 Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,136

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Living Area: 1144.00
  • Homestead: Yes
  • Lot Size Acres: 0.23
  • Year Built: 1996
  • Building Area Total: 1641.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492098?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492098?w=Customer
  • Lot Size Sq Ft: 9997
  • Building Search Sq Meters: 152.45
  • Barn Features: Block
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492098?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Additional Rooms: Bonus Room
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom, Thermostat, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Living Area Meters: 106.28

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Fenced, Lighting, Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • View: Trees/Woods
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1

Condo/Co-op/Association

  • S W Subdiv Community Name: Gulf Cove
  • S W Subdiv Condo Num: PCH053
  • Community Features: Community Boat Ramp
  • Security: Security System

Fee Information

  • Amenities Additional Fees: Boat ramp access with an optional annual fee for Gulf Cove

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RSF3.5
  • Parcel Number: 402131409002
  • Fencing: Chain Link
  • Lot Features: Street Paved
  • Lot Dimensions: 80 X 123
  • Lot Size Square Meters: 929

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1135.74
  • Tax Block: 1805
  • Tax Book Number: 5-67
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 12, 2021
Sold by
Adams Michael and Adams Kim
Bought by
Trank Investment 401K
Seller's Agent
Cassandra Miller
COASTAL RESERVE
Buyer's Agent
Matthew Patterson
KW PEACE RIVER PARTNERS
List Price
$189,000
Sold Price
$200,000
Premium/Discount to List
$11,000
5.82%
Current Estimated Value
$255,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,873
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Apr 4, 2006
Sold by
Adams Michael and Adams Kim
Bought by
Adams Michael and Adams Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 1996
Sold by
Housing & Urban Design Inc
Bought by
Adams Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,460
Interest Rate
8.28%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Trank Investment 401K $200,000 All Coast Title & Escrow
Adams Michael $15,000 Service Link
Adams Michael $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Michael $30,000
Previous Owner Adams Michael $75,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $200,000 +5.8% $175 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $189,000 -5.5% $165 / Sq Ft
02/21/2021 02/21/21 Off Market $200,000 -- --
02/20/2021 02/20/21 For Sale $189,000 -- $165 / 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 $4,161 $213,739 $0 $0
2022 $3,761 $194,308 $14,025 $180,283
2021 $2,917 $136,995 $6,248 $130,747
2020 $3,263 $72,829 $0 $0
2019 $3,195 $71,192 $0 $0
2018 $1,041 $69,865 $0 $0
2017 $1,036 $68,428 $0 $0
2016 $1,035 $67,021 $0 $0
2015 $1,020 $66,555 $0 $0
2014 $1,001 $66,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassandra Miller

    Seller's Agent in 2021

    Cassandra Miller

    COASTAL RESERVE

    (941) 586-7736

    1 in this area

    70 Total Sales

    Cassandra Miller
    Section Image
  • Matthew Patterson

    Buyer's Agent in 2021

    Matthew Patterson

    KW PEACE RIVER PARTNERS

    (239) 922-4101

    69 in this area

    1,181 Total Sales

    Matthew Patterson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4492098

Stellar MLS

APN: 402131409002

Florida Charlotte County Port Charlotte 33981 Gulf Cove

5390 Colfax Terrace, Port Charlotte, 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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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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