$1,125,000
SOLD JUL 16, 2021

611 W Olympia Ave Punta Gorda, FL 33950

3 Beds
2.5 Baths
2,631 Sq Ft
5,580 Sq Ft Lot

Recently Sold

$428 Per Sq Ft

20% Below List Price

24 Days on Market

Highlights

  • Property is near a marina
  • New Construction
  • Custom Home
  • Sallie Jones Elementary School Rated A-
  • The property is located in a historic district
  • 5-minute walk to Gilchrist Park Playground

About This Home

As of July 2021

This BRAND NEW HOME was built with today's exacting standards and codes but with an Historic Florida feel that blends seamlessly with Downtown Punta Gorda and all it has to offer! Live amidst the treetops in this haven of serenity and privacy! Refined design and solid construction concrete block for both floors with a maintenance free metal roof, spray foam for energy efficiency and impact and insulated windows and doors. The ground floor features a SEVEN CAR GARAGE PLUS a 22x15 STORAGE ROOM/WORKSHOP. You will love the work of the master wood craftsman who made the wooden staircases, tongue and groove solid pine on both lanai ceilings, wooden corbels and trellis. Take the ELEVATOR to the 2nd floor living area Gourmet Kitchen with elite appliance package including a gas range with pot filler, wine fridge, and plenty of beautiful quartz counters. There is ample solid wood cabinet space including in the island for extra storage. The Great Room has warmth plus the wow factor with a wood accent ceiling, a focal point gas fireplace with a thermostat for room temperature control, lighted built in cabinetry with glass doors, lighted shelving, its own powder room and quadruple pocketing sliders opening to the dining room and large upstairs lanai; all perfect for entertaining large and small groups! Another wall features built in storage with shelving, drawers and a bench seat. Master retreat has its own view of the city, along with a lighted coffered ceiling, huge walk in closet, deluxe bath tub, walk in shower and high window for plenty of light. Two large guest rooms and bath are positioned for ample privacy for overnight guests. There are two lanais in back and a front porch swing to use for socializing! Delta Howe casing for the windows and poplar wood sills, 6¼” base trim, 7½” crown thruout. Wired and speakers installed for sound system inside and outside with volume control in each room. Gas outlet on the lanai for your grill. Tropical landscaping fits right in with mature trees that have been growing for decades in this neighborhood. Two blocks to the Peace River and miles of river front parks, festivals, activities, dining, marina, boat ramp, tennis, walking and biking paths. Punta Gorda airport with Allegiant Air service is a 20 minute drive. Easy access to I75 via Olympia Ave/US 17.

Last Agent to Sell the Property

Mary Lou McKinley

AGGRESSIVE REALTY License #327408

Last Buyer's Agent

Julie Oberlin

JOHN R WOOD PROPERTIES License #3280088

JOHN R WOOD PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,580 Sq Ft Lot
  • Lot Dimensions are 60x92
  • One Way Street
  • Northwest Facing Home
  • Mature Landscaping
  • Level Lot
  • Landscaped with Trees
  • Historic Home
  • Property is zoned NR-10

Parking

  • 7 Car Attached Garage
  • Workshop in Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking
  • On-Street Parking
  • Parking Garage Space
  • Open Parking

Property Views

  • City
  • Woods

Home Design

  • Custom Home
  • Contemporary Architecture
  • Florida Architecture
  • Key West Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,631 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Porcelain Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance
  • Accessible Electrical and Environmental Controls

Outdoor Features

  • Property is near a marina
  • Covered patio or porch
  • Exterior Lighting

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near a golf course
  • The property is located in a historic district
  • City Lot

Schools

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

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Tankless Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Gulf Home Builders
  • Punta Gorda Subdivision, Palm Island Floorplan
  • Punta Gorda Community

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Florida, Historical, Key West
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2631
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2021
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Building Area Total: 5857
  • Lot Size Sq Ft: 5580
  • Number Of Lots: 1
  • Directions to Property: I75 exit Marion left (one-way West) past US41 Tamiami Trail left on Chasteen left on Olympia (one way East) 1 block right hand side.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6119303?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/D6119303?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Subdivision Num: pug
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.9
  • Price per Sq Ft: 427.59
  • Close to Original List Price Ratio: 0.80472
  • Ratio: Current Price\Building Area Total: 192.08
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Elevator, High Ceiling(s), L Dining, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Storm Window(s)
  • Street Number Modifier: 611
  • Room Count: 14
  • Additional Rooms: Bonus Room, Formal Dining Room Separate, Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Street One Way
  • View: City, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12015C0241F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 7
  • Garage Yn: Yes
  • Parking Features: Curb Parking, Driveway, Garage Door Opener, Ground Level, On Street, Oversized, Under Building, Workshop in Garage
  • Covered Parking Spaces: 7
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Senior Community: No
  • Complex Community Name NCCB: PUNTA GORDA DOWNTOWN
  • 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: NR-10
  • Parcel Number: 412212239003
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Historic District, City Lot, Level, Near Golf Course, Near Marina, Sidewalk
  • Lot Dimensions: 60x92
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-05-05
  • Zoning Compatible Y N: Yes

Building Info

  • Builder Name: Gulf Home Builders

Rental Info

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

Tax Info

  • Tax Annual Amount: 1418
  • Tax Block: 48
  • Tax Book Number: 2-97
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 14, 2021
Sold by
Scott Olympia Llc
Bought by
Giannone Richard and Richard Giannone Revocable Tru
Seller's Agent
Mary Lou McKinley
AGGRESSIVE REALTY
Buyer's Agent
Julie Oberlin
JOHN R WOOD PROPERTIES
List Price
$1,398,000
Sold Price
$1,125,000
Premium/Discount to List
-$273,000
-19.53%
Total Days on Market
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.21%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Wetherington Eric L
Bought by
Scott Olympia Llc

Purchase Details

Closed on
Sep 2, 2009
Sold by
Scott Patricia
Bought by
Scott Olympia Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Mariash Brian and Mariash Jill L
Bought by
Wetherington Eric L and Scott Patricia

Purchase Details

Closed on
Mar 8, 2002
Sold by
Federici Robert C and Federici Christy
Bought by
Mariash Brian and Mariash Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,949
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2001
Sold by
Thompson Lawrence and Thompson Violet
Bought by
Federici Robert C and Federici Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
7.18%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Thompson Lawrence
Bought by
Thompson Lawrence and Thompson Violet

Map

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 Type Sale Price Title Company
Warranty Deed $1,125,000 Attorney
Warranty Deed $20,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $145,000 Aaction Title Agency Inc
Warranty Deed $68,000 --
Warranty Deed $68,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 Credit Line Revolving
Open $562,500 New Conventional
Previous Owner $49,333 Credit Line Revolving
Previous Owner $66,735 New Conventional
Previous Owner $66,949 Purchase Money Mortgage
Previous Owner $54,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Rent $3,750 0.0% --
03/23/2025 03/23/25 Price Changed $899,000 -7.8% $342 / Sq Ft
02/13/2025 02/13/25 Price Changed $975,000 0.0% $371 / Sq Ft
02/13/2025 02/13/25 For Sale $975,000 -2.5% $371 / Sq Ft
09/28/2024 09/28/24 Off Market $999,990 -- --
08/29/2024 08/29/24 For Sale $999,990 -11.1% $380 / Sq Ft
07/16/2021 07/16/21 Sold $1,125,000 -10.0% $428 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
06/19/2021 06/19/21 Price Changed $1,250,000 -10.6% $475 / Sq Ft
06/09/2021 06/09/21 For Sale $1,398,000 -- $531 / Sq Ft
Source: Stellar MLS

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 $10,972 $684,551 $0 $0
2022 $10,697 $664,613 $0 $0
2021 $1,583 $89,964 $89,964 $0
2020 $1,418 $82,467 $82,467 $0
2019 $2,624 $179,432 $74,970 $104,462
2018 $2,210 $159,943 $65,974 $93,969
2017 $1,979 $135,059 $59,976 $75,083
2016 $1,896 $98,398 $0 $0
2015 $1,778 $89,453 $0 $0
2014 $1,704 $81,321 $0 $0
Source: Public Records

Source: Stellar MLS

MLS Number: D6119303

Stellar MLS

APN: 412212239003