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$705,000

Beds
4
Baths
3.0
sq ft
3,326

5950 Cypress Grove Cir, Punta Gorda, FL 33982

5950 Cypress Grove Cir

PUNTA GORDA, FL 33982

  • 36 days on market
This exquisite 5-acre estate, situated in the esteemed equestrian community of Prairie Creek Park, seamlessly integrates the tranquility of rural living with contemporary conveniences. Boasting 4 bedrooms and 2.5 baths spread across over 3,300 square feet of climate-controlled space, this residence is meticulously crafted for comfort, sophistication, and practicality. Additionally, it includes a multifunctional 480 square foot bonus room, perfect for leisure or entertaining, while providing a picturesque view of the stunning in-ground pool. The kitchen is adorned with refined granite countertops, custom hardwood cabinetry, and state-of-the-art stainless steel appliances. A generously sized walk-in pantry ensures ample storage for all culinary necessities. The open-concept design of the living and dining areas is enriched by abundant natural light, enhanced by oversized windows and vaulted ceilings that evoke a sense of spaciousness. Featuring built-in shelving, this space adds both style and utility, creating an ideal setting for showcasing cherished books, décor, or collectibles. The property is complemented by a side-load two-car garage and the entire exterior has been recently updated with durable, low-maintenance Hardy Board siding installed in December 2023.

Details

Property type

Single Family Residence

Est. home value

$735,412

Lot size

5.05 acres

Price per sq ft

$212

Year built

1991

Annual property taxes

$3,664.8

Monthly HOA fee

$33.33

Price History

11/16/2024
StellarMLS

StellarMLS #C7500436

Listed
$705,000
-5.87%
08/18/2024
StellarMLS

StellarMLS #T3508835

Removed
$749,000
07/03/2024
StellarMLS

StellarMLS #T3508835

Price change
$749,000
-5.07%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Third Fsla Of Cleveland

Loan start date

January 2023

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

6.58%

Loan type

Credit Line (Revolving), 30 year

Seller

Warren Steven Panem and Nancy S Panem

Lender

Third Fsla Of Cleveland

Loan start date

September 2015

Original loan amount

$323,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Warren Steven Panem and Nancy S Panem

Lender

Mers

Loan start date

December 2001

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

New Conventional

Seller

Warren Steven Panem and Nancy S Panem

Lender

E Trade Mtg Corp

Loan start date

October 2001

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

6.91%

Loan type

Not Provided

Seller

Warren Steven Panem and Nancy S Panem

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: 12/22/2024 at 6:45 AM

Listing updated: 12/12/2024 at 12:45 PM

Listed by: Brian Helgemo, COMPASS FLORIDA Phone #: (941) 205-8478

MLS: StellarMLS #C7500436

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