NOT LISTED FOR SALE

5501 Gulfport Terrace Point Charlotte, FL 33981

Gulf Cove Neighborhood

Estimated Value: $270,000 - $327,000

4 Beds
2 Baths
1,499 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $309,999 $207 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,696/month

185 Days on Market

Highlights

  • Under Construction
  • Ranch Style House
  • Covered Patio or Porch
  • Open Floorplan
  • Solid Surface Countertops
  • Hurricane or Storm Shutters

About This Home

As of April 2023

Under Construction. Welcome to the Freeport! This home has 18 x 18 ceramic tile flooring throughout all common area, carpet in bedrooms, full appliance package including washer and dryer, stainless steel appliances, and quartz countertops in the kitchen. Also included are window blinds, smart home system, paver driveway and lanai and irrigation system. A community boat ramp leads out into the Myakka River and to the Gulf of Mexico. Close to shopping and Boca Grande and Englewood Beaches.

Last Agent to Sell the Property

Debra Thomas

EXPRESS REALTY OF SOUTHWEST FL License #3050172 Listed on: 05/20/2022

EXPRESS REALTY OF SOUTHWEST FL

Last Buyer's Agent

Debra Thomas

EXPRESS REALTY OF SOUTHWEST FL License #3050172 Listed on: 05/20/2022

EXPRESS REALTY OF SOUTHWEST FL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $316

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x125
  • Southwest Facing Home
  • Level Lot
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,499 Sq Ft Home
  • Open Floorplan
  • Low Emissivity Windows
  • Sliding Doors
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Thermostat
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by DR Horton
  • Gulf Cove Subdivision, Freeport Floorplan
  • Gulf Cove Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$316

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1499
  • Lot Size Acres: 0.25
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 1499
  • Lot Size Sq Ft: 10000
  • Directions to Property: From Englewood, head East on 776. Turn right on David Blvd, right on Foresman Blvd; left on Gulfport Terrace. From Port Charlotte off of 776, turn right on Gillot; left on Holton St; right on Gulfport Terrace
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1038139
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 206.80
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Permit Number: 20190204340
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Low Emissivity Windows
  • Street Number Modifier: 5501
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 139.26
  • Room Count: 4

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Hurricane Shutters, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2022-10-15T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sprinkler Meter, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Baseboard, Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 65.00
  • Total Monthly Fees: 5.42
  • Monthly HOA Amount: 5.42

Schools

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

Lot Info

  • Parcel Number: 402131410009
  • Additional Parcels: No
  • Lot Features: Level, Paved
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 929
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: DR Horton

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 315.58
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Apr 13, 2023
Sold by
D R Horton Inc
Bought by
Hill Michael Scott and Qin Baoyu
Seller's Agent
Debra Thomas
EXPRESS REALTY OF SOUTHWEST FL
Buyer's Agent
Debra Thomas
EXPRESS REALTY OF SOUTHWEST FL
List Price
$371,015
Sold Price
$309,999
Premium/Discount to List
-$61,016
-16.45%
Current Estimated Value
$301,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,971
Avg. Annual Appreciation
0.16%
Original Mortgage
$304,384
Outstanding Balance
$297,544
Interest Rate
6.65%
Mortgage Type
FHA
Estimated Equity
$13,636

Purchase Details

Closed on
Sep 2, 2021
Sold by
Najmi Realty Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Angelica Land L C
Bought by
Lute Donald M and Lute Marie C

Purchase Details

Closed on
Nov 3, 2005
Sold by
Elder Charlie L and Elder Maude H
Bought by
Angelica Land Lc
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
Hill Michael Scott $309,999 Dhi Title Of Florida
D R Horton Inc $260,000 Dhi Title Of Florida Inc
Lute Donald M $23,000 First American Title Ins Co
Angelica Land Lc $30,700 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Michael Scott $17,050
Open Hill Michael Scott $304,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $309,999 -16.4% $207 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $371,015 0.0% $248 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
05/23/2022 05/23/22 Price Changed $371,015 -0.8% $248 / Sq Ft
05/20/2022 05/20/22 For Sale $374,015 +2777.0% $250 / Sq Ft
05/10/2021 05/10/21 Sold $13,000 -27.8% --
03/17/2021 03/17/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $18,000 -- --
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
2024 $510 $243,399 $17,000 $226,399
2023 $510 $15,428 $0 $0
2022 $450 $14,025 $14,025 $0
2021 $329 $6,248 $6,248 $0
2020 $361 $6,248 $6,248 $0
2019 $360 $6,248 $6,248 $0
2018 $347 $5,950 $5,950 $0
2017 $343 $5,780 $5,780 $0
2016 $342 $5,780 $0 $0
2015 $336 $5,313 $0 $0
2014 $326 $5,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debra Thomas

    Seller's Agent in 2023

    Debra Thomas

    EXPRESS REALTY OF SOUTHWEST FL

    (904) 962-3568

    107 in this area

    3,088 Total Sales

    Section Image

  • M

    Seller's Agent in 2021

    Mikel Lee

    EXIT KING REALTY

    (941) 681-4499

    11 in this area

    32 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: N6121429

Stellar MLS

APN: 402131410009

Florida Charlotte County Pt Charlotte 33981 Gulf Cove

5501 Gulfport Terrace, Pt Charlotte, FL

This home is located at 5501 Gulfport Terrace, Point Charlotte, FL 33981 since 20 May 2022 and is currently estimated at $291,887, approximately $194 per square foot. This property was built in 2022. 5501 Gulfport Terrace 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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