tomo logo

$679,900

Beds
3
Baths
2.0
sq ft
1,296

3703 Magnolia Way, Punta Gorda, FL 33950

3703 Magnolia Way

PUNTA GORDA, FL 33950

  • 127 days on market
Location, location, location!! You can see by the pictures that downtown Punta Gorda is just minutes away and so is the big water of Charlotte Harbor. This home was built in 2015 and is now a 2 lot property with 140 ln. ft. of waterfront after this seller bought the lot next door and had a unbelievable 36 x 32 ft. steel garage built on the extra lot in 2023. The driveway is an oversized 3 lane width so plenty of parking for all the family and friends. A 97 ft. canal walk way leads into a tiki hut boat slip and dock area that is another 18 x 14 that was also installed in 2022. The waterfront is finished off with a heavy duty vinyl seawall as well. The back porch attached to the home was added in 2021 and is approx. 20 x 12. The front entry porch was just completed in 2024 and is approx. 8 ft. wide by 24 ft. long. The air conditioner was replaced in 2021. The roof was also replaced new in 2023. All the flooring inside is new in 2023. New counter tops with stainless steel appliances were new in 2023. So many upgrades and so many new additions that this 15,400 sq. ft. lot and home is a water way wonderland. The only issue with this home is that you will have a hard time getting your chores done when you are napping on the dock in the shade with the breeze, or are in the garage watching football while grilling on the patio. This home is absolutely immaculate at all times. The inside of the huge garage has a workshop area, a large sit down T.V. area and a card table area as well. A large 32 x 8 ft. canopy porch off the back of the garage with high end adirondack chairs is a perfect place to grill! The boat lift is a 10,000 lb lift installed in 2023. The boat ride to open water is very short and very scenic as well. You exit the Alligator Creek canal and can always stop in at the Riviera Restaurant and Pub for a great meal or some drinks. All the high end patio furniture stays with this home except for the one rocking chair on the porch. Inside, all the feet on ground furniture stays as well except for a few personal end tables. So this home is ready to go and there is literally nothing to do once you move in. There are 8 golf courses within a 20 minute drive for all you golfing enthusiast and so many great restaurants and pubs right downtown with a variety of different cuisines to choose from. Or you can catch your own meal right out back as fishing is plentiful in these canals. There is tarpon, snook, red fish, snapper and catfish and you can do this while sitting in the shade of your Tiki Hut!! The shed you see in the pictures will give you another 12 x 10 for additional storage or lawn equipment. Please notice that on the side of the garage there is enough room for 2 large size RV's and a 50 amp RV outlet is already installed with running water as well. Punta Gorda has also become a huge pickle ball town with the new pickleplex just completed with lots of league play and tournaments. You can enjoy the walking paths that are miles long that are right on the Charlotte Harbor water way and a huge playground in the harbor side park as well. All different kinds of iconic places to enjoy a fine dining experience or friendly pub for a drink by the water including the large tiki huts by the bridge with weekend bands and entertainment. The Saturday morning farmers market is a fan favorite as well. So hurry now and schedule your appointment for this one of kind double water front lot with all of these amazing updates over the past 2 years!!

Details

Property type

Lot size

0.35 acres

Price per sq ft

$525

Year built

2015

Annual property taxes

$4,120.47

HOA

No

Price History

07/08/2024
StellarMLS

StellarMLS #C7494926

Listed
$679,900
+218.08%
08/31/2020
StellarMLS

StellarMLS #A4471886

Sold
$213,750
+12.56%
03/29/2019
StellarMLS

StellarMLS #C7407458

Sold
$189,900
+72.79%

Schools & Community

Elementary school: 

Sallie Jones Elementary

Middle school: 

Punta Gorda Middle

High school: 

Charlotte High

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

$471,071
Asking price
$679,900
Closing costs (~8% of asking)
-$54,392
Est. remaining loan balance
-$154,437
Cash to seller
$471,071

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

Seller’s Loan History

Lender

Georgias Own Cu

Loan start date

August 2020

Original loan amount

$170,000

Est. remaining balance

$154,437

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Bonner Ray Wilson and Terrie L Wilson

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?

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Status: Active

Tomo last checked: 11/12/2024 at 5:45 PM

Listing updated: 10/30/2024 at 10:45 PM

Listed by: Kurt Havel, ALLISON JAMES ESTATES & HOMES Phone #: (941) 500-4922

MLS: StellarMLS #C7494926

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