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$1,098,000

Beds
4
Baths
3.0
sq ft
2,252

1238 Riding Rocks Ln, Punta Gorda, FL 33950

1238 Riding Rocks Ln

Punta Gorda, FL 33950

  • 449 days on market
    • Price drop $20,000↓
*NEW Price *One or more photos has been virtually staged. Discover the charm of Punta Gorda Isles with this recently completed canal-front (with direct access to Charlotte Harbor and the Gulf of Mexico) pool home, which boasts a spacious open floor plan w/ 3 bedrooms, two of which have en-suite bathrooms, 3 full baths & an office retreat with elegant French-style glass doors. The kitchen features granite countertops, soft-close cabinetry, stainless steel appliances and an adjoining utility room w/ ample storage space. The primary suite is a true oasis with a tray ceiling, crown molding, 2 walk-in closets, a walk-in shower, a water closet, dual sinks & an oversized linen closet. While the interior of the home is stunning, the partially roofed and screened rear pool enclosure is the true highlight. This expansive paver-stone oasis measures over 930SF and is accessible from the primary bedroom, great room, dining area and guest en-suite bathroom. It overlooks the CITY-MAINTAINED seawall & the home's new 65' concrete dock, which features water & electrical service & a 10LB boat lift. The under-roof area measures nearly 410' & includes a storage closet & is plumbed for an outdoor kitchen. Take a walk thru with the attached 3D Matterport Tour!!

Details

Property type

Single Family Residence

Est. home value

$948,739

Property condition

New Construction

Lot size

0.23 acres

Price per sq ft

$488

Year built

2023

Annual property taxes

$3,853.26

HOA

No

Price History

08/31/2023

FGCMLS #223063221

Listed
$1,098,000
+463.08%
04/09/2021
StellarMLS

StellarMLS #C7236434

Sold
$195,000

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$916,950
Asking price
$1,098,000
Closing costs (~8% of asking)
-$87,840
Est. remaining loan balance
-$93,210
Cash to seller
$916,950

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Charlotte State Bank & Trust

Loan start date

October 2021

Original loan amount

$100,000

Est. remaining balance

$93,210

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

James N Scoledes and James N Scoledes Revocable Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 5:40 PM

Listing updated: 11/10/2024 at 3:05 PM

Listed by: Curtis Mellon, RE/MAX Anchor Realty Phone #: (941) 639-1376

MLS: FGCMLS #223063221

FGCMLS logo

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