See Home Value
Punta Gorda 33950
2550 RIO PALERMO COURT
$657,280*
House - Off Market

2550 RIO PALERMO COURT

PUNTA GORDA, FL 33950
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1734 Sqft
$522,000 - $636,000
Reference Base Price*
13.52%
Since Oct 1, 2021
National-US
Primary Model
Sold Oct 04, 2021
$559,000
$498,806 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold Jul 06, 2020
$315,000

About This Property

100 FEET OF SAILBOAT WATERFRONT.  Quick access to Charlotte Harbor and on to the Gulf of Mexico via your backyard.  This lovely 3 bedroom, 2 bath, 2 car garage home has been recently updated.  All new TILE FLOORING THROUGHOUT  the house.  New IMPACT WINDOWS.  All appliances less than one year old.  New electrical panel box.  Upgraded ENERGY SAVING INSULATION.  Two new impact rated doors.   NEW 10,000 POUND BOAT LIFT AND PILINGS.   The kitchen offers wood cabinets and granite counter tops with appliances only one year old.  The split bedroom floor plan offers privacy for all.  Guest bathroom has new door to your lanai.  Room for a future pool if desired or just enjoy relaxing on the screened in lanai with sliding door access from master bedroom, living room or family room.  Sliding doors from the Family Room and Living Room disappear behind walls making the lanai part of the home.   Not only is this home in PRIME BOATING LOCATION, but it's not far from waterfront parks, Fishermen's Village, historic downtown Punta Gorda with its many restaurants, boutique shops and art galleries.  Join the PGI Civic Association if you desire and enjoy the many boating and fishing clubs or partake in the many classes they offer.  St. Andrews South Golf Club and Isles Yacht Club is also close by.  Your piece of paradise awaits.  Make your appointment to see this home today.

The manager has listed the unit size as 1734 square feet.
Unit Size
1,734Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$334
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1978

Price History

Date / Event Date Event Price
Oct 4, 2021 Sold to Joel Bales, Susan Bales $559,000
Sold to Joel Bales, Susan Bales
Sep 8, 2021 No longer available -
No longer available
Aug 17, 2021 Listed $579,000
Listed
Jun 4, 2020 No longer available -
No longer available
Mar 30, 2020 Relisted $325,000
Relisted
Show More

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,155
  • Total Building Area: 2,310
  • Gross Building Area: 2,600
  • Building Area: 1,734
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,734
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PUNTA GORDA ISLES
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PUNTA GORDA ISLES SEC6 BLK45 LT 10 298/50 DC413/100 535/155 539/663 DC1522/1895-RL AFF1549/1237 NT1549/1238 PR18-395-MBL LOA4313/1041 4492/423 4596/868 4852/1673

Ownership

  • Current Owner : BALES JOEL
  • Current Owner 2: BALES SUSAN
  • Previous Owner : MURPHY ROBERT
  • Previous Owner 2: MURPHY PATRICIA
  • Owner Before Previous Owner: LARSEN ROBERT S
  • Owner Before Previous Owner 2: LARSEN DARRELL C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010401

Zoning

  • Zoning: GS-3.5

Geography

  • Assessors Map Reference: 4B14N
  • Account Number: 00939110000003
  • Subdivision Tract Number: PGI
  • Parcel: 412214128004
  • Block: 45
  • Lot: 10
  • Meridian: SEC 14 TWN 41S RNG 22E
  • Latitude: 26.9151
  • Longitude: -82.0812

    Address

  • Full Address: 2550 Rio Palermo Ct
  • Address - House Number: 2550
  • Address - Street Name: Rio Palermo
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: C029
  • 4-Digit Zip Code: 6320
  • Zip Code: 33950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,285
  • Tax Rate Code Area: 155

    Appraisal Valuation

  • Standard Deviation: 0.4881
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 2
  • Final Value: 812,717
  • High Value: 1,209,404
  • Low Value: 416,029

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $543,806
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $498,806
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Second Open Lien Mortgage Lender: US SMALL BUSINESS ADMINISTRATI
  • Second Open Lien Mortgage Recording Date: Dec 15, 2022
  • Second Open Lien Mortgage Loan Amount: $45,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • Second Open Lien Mortgage Loan Due Date: Dec 06, 2052

    Market Valuation

  • Market Total Value: $704,904
  • Market Land Value: $361,250
  • Market Improvement Value: $343,654

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,642

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11859797316
  • Current Sale Price: $559,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3005561
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 04, 2021
  • First Mortgage Loan Amount: $498,806
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,698 ft²
$403/ft²
$685,000 Dec 16, 2022
-
$307/mo
In Contract
House
3 Beds
2 Baths
1,859 ft²
$365/ft²
$679,000 Feb 14, 2023
-
$315/mo
House
3 Beds
2 Baths
2,085 ft²
$287/ft²
$599,000 Dec 13, 2022
-
$301/mo
Condo
3 Beds
2 Baths
1,915 ft²
$253/ft²
$485,000 Sep 19, 2022
-
$1,756/mo
Condo
3 Beds
2 Baths
2,022 ft²
$272/ft²
$550,000 Apr 10, 2023
-
$1,824/mo
Condo
2 Beds
2 Baths
1,803 ft²
$319/ft²
$575,000 Jan 7, 2023
-
$469/mo
Condo
2 Beds
2 Baths
1,698 ft²
$286/ft²
$485,000 Feb 27, 2023
-
$2,122/mo
Condo
2 Beds
2 Baths
1,595 ft²
$306/ft²
$487,700 Dec 13, 2022
-
$418/mo
Land
Loft
-
-
$575,000 Mar 16, 2023
-
$463/mo
Land
Loft
-
-
$560,000 Jan 31, 2023
-
$543/mo
Land
Loft
-
-
$555,750 Jan 23, 2023
-
$279/mo
Land
Loft
-
-
$629,000 Jan 29, 2023
-
$516/mo

About Punta Gorda


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Frequently Asked Questions

When was property at 2550 Rio Palermo Court built and last sold?
The property at 2550 Rio Palermo Court was built in 1978 and last sold on Oct 1, 2021 for $559,000.
How much is this home worth?
The estimated value of the home located at 2550 Rio Palermo Court is $582,533.
What are some comparable homes to 2550 Rio Palermo Court?
There are currently no comparable homes to 2550 Rio Palermo Court.

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