NOT LISTED FOR SALE

8656 Lake Front Ct Punta Gorda, FL 33950

Estimated Value: $277,000 - $379,000

3 Beds
2 Baths
1,910 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $320,000 $168 Per Sq Ft

Current estimated payment $1,957/month

5 Days on Market

Highlights

  • 38 Feet of Waterfront
  • Senior Community
  • Lake View
  • Fitness Center
  • Gated Community
  • Open Floorplan

About This Home

As of November 2021

Sellers Request Highest and Best by 6 pm 10/06. 'WELCOME HOME' TO THIS EXCEPTIONALLY FINISHED 3 BEDROOM LAKEFRONT HOME IN RIO VILLA LAKES, A GATED 55 PLUS COMMUNITY. AS YOU ENTER YOU WILL SEE THE HIGH TRAY CEILINGS AND THE WALL OF WINDOWS SHOWCASING THE LAKE VIEWS IN THE GREAT ROOM.. THE MASTER BEDROOM (18 X 13) IS SPACIOUS AND FEATURES TWO BIG SEPERATE WALK-IN CLOSETS. THE MASTER BATH HAS DUAL SINKS WITH PLENTY OF COUNTERTOP SPACE, AND A LARGE WALK IN SHOWER WITH A SEAT. TWO OTHER BEDROOMS ARE ON THE OTHER SIDE OF THE HOUSE....THE BONUS ROOM, WHICH ALSO HAS THE LAKE VIEWS IS SET UP AS A WET BAR COMPLETE WITH A FRIDGE, TILED BAR TOP AND A TABLE FOR PLAYING CARDS OR GAMES. THE DINING ROOM HAS A TABLE THAT SEATS 8 AND HAS BUILT IN CABINETRY. THE EAT IN KITCHEN IS OPEN WITH LOTS OF CABINETS AND LOTS OF COUNTER SPACE. FEATURES INCLUDE A PAVER DRIVEWAY AND WALKWAY TO FRONT DOOR AS WELL AS A PAVER WALWAY TO OUTSIDE PATIO ON THE REAR SIDE OF THE HOUSE. HURRICANE SHUTTERS , DOUBLE PANE WINDOWS AND AN INSIDE LAUNDRY. THE COMMUNITY HAS A SWIMMING POOL, FITNESS CENTER, CLUBHOUSE AND TENNIS COURTS AND IS 5 MINUTES FROM ALL THE RESTAURANTS IN DOWNTOWN PUNTA GORDA, AND FISHERMANS VILLAGE. ALL THE YARD WORK IS TAKEN CARE OF HERE BY THE ASSOCIATION, WITH LOW QUARTERLY FEES.

Last Agent to Sell the Property

Norma O'Connor

EXIT COMPASS REALTY License #3256467 Listed on: 10/03/2021

EXIT COMPASS REALTY

Last Buyer's Agent

Dylan DePalma

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3408751

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 2006

Lot Details

  • 6,762 Sq Ft Lot
  • 38 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Property is zoned RSF3.5

HOA Fees

  • $173 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Turnkey
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room
  • Bonus Room
  • Inside Utility
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Access To Lake
  • Deck
  • Rain Gutters
  • Front Porch

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include community pool, escrow reserves fund, ground maintenance, manager, pool maintenance
  • Precedent Management/Ashley Phillips Association, Phone Number (239) 344-8733
  • Visit Association Website
  • Rio Villa Lakes Community
  • Rio Villa Lakes Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,633

Year Built

Built in 2006

Lot Details

0

HOA Fees

$173 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1910
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 2576
  • Lot Size Sq Ft: 6762
  • Directions to Property: 41 SOUTH TO RIGHT ON RIO VILLA TO RIO VILLA LAKES GATE. TURN LEFT INSIDE GATE AND TAKE FIRST RIGHT TO 8656.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7449611?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7449611?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: 1.04918
  • Price per Sq Ft: 167.54
  • Close to Original List Price Ratio: 1.04918
  • Ratio: Current Price\Building Area Total: 124.22
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), High Ceiling(s), Open Floorplan, Skylight(s), Split Bedroom, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8656
  • Room Count: 7
  • Additional Rooms: Bonus Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Hurricane Shutters, Irrigation System, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Side Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 38
  • Water Frontage Feet Lake: 38

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Fitness, Gated Community, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated
  • Association Fee: 520
  • Association Fee Frequency: Quarterly
  • Association Name: Precedent Management/Ashley Phillips
  • Phone: 239-344-8733
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Website: www.precedentmgt.com
  • Association Email: aphillips@perecentmgt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2080
  • Monthly HOA Fee: 173.33
  • Total Monthly Fees: 173.33

Lot Info

  • Zoning: RSF3.5
  • Parcel Number: 412318454004
  • Additional Parcels: No
  • Lot Features: Level
  • Flood Zone Code: 9AE

Rental Info

  • Furnished: Turnkey
  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: No Minimum
  • Approval Process: APPROVAL REQUIRED...APPLICATION FEE
  • Pet Restrictions: NO VISCIOUS BREEDS..NO PIT BULLS, DOBERMANS,ROTTWEILERS,...SEE HOA DOCS FOR CURRENT PET RESTRICTIONS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: SEE HOA DOCS FOR CURRENT LEASE RESTRICTIONS

Tax Info

  • Tax Annual Amount: 3633.03
  • Tax Lot: 58

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 5, 2021
Sold by
Masini Paul G and Masini Heidi
Bought by
Saitta Joseph and Stanley Sarah
Seller's Agent
Norma O'Connor
EXIT COMPASS REALTY
Buyer's Agent
Dylan DePalma
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
List Price
$305,000
Sold Price
$320,000
Premium/Discount to List
$15,000
4.92%
Current Estimated Value
$319,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$988
Avg. Annual Appreciation
2.17%
Original Mortgage
$240,000
Outstanding Balance
$221,911
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$125,224

Purchase Details

Closed on
May 19, 2015
Sold by
Masini Paul
Bought by
Masini Paul A and Masini Christopher P

Purchase Details

Closed on
May 26, 2005
Sold by
Rio Villa Lakes Llc
Bought by
Masini Paul
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
Saitta Joseph $320,000 Omega Title Florida Llc
Masini Paul A -- Attorney
Masini Paul $42,000 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saitta Joseph $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $320,000 +4.9% $168 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $305,000 -- $160 / 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 $542 $225,558 $0 $0
2022 $500 $218,988 $34,000 $184,988
2021 $3,621 $189,135 $29,750 $159,385
2020 $3,633 $190,450 $29,750 $160,700
2019 $2,137 $142,657 $0 $0
2018 $1,952 $139,997 $0 $0
2017 $1,929 $137,118 $0 $0
2016 $1,914 $134,298 $0 $0
2015 $1,907 $133,364 $0 $0
2014 $1,879 $132,306 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7449611

Stellar MLS

APN: 412318454004