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Cleveland 33950
3027 Shannon DRIVE
$391,500
● House - Off Market

3027 Shannon DRIVE

PUNTA GORDA, FL 33950
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,897 Ft²
$439,581
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Location, Location, Don't miss this 3 bedroom 2 bathroom, and 2 car garage,  waterfront home just minute to downtown Punta Gorda and I75. This home offer a split floor plan with separate living room and family room setup as well as a huge enclose lanai.  This waterfront home has plenty of room for your family and friends to enjoy all that Florida waterfront living has to offer.
Unit Size
1,897 Ft²
Days on Market
53 days
Land Size
0.22 acres
Price per sqft
$210
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #C7450215)

Price History

Date / Event Date Event Price
Dec 8, 2021 Sold
Premium
Sold
Oct 16, 2021 Listed by RE/MAX ANCHOR OF MARINA PARK $399,000
Listed by RE/MAX ANCHOR OF MARINA PARK
May 26, 2011 Sold
Premium
Sold
Mar 25, 2011 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 567
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 9,599
  • Total Building Area: 2,464
  • Gross Building Area: 2,804
  • Building Area: 1,897
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,897
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYCHEWOOD SHORES
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: WYCHEWOOD SHORES LT 48 416/876 495/590 913/11 1648/2090 1862/2050 2481/2179 CT3557/946 3573/1132 4890/1115

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 010200

Zoning

  • Zoning: RSF3.5

Geography

  • Assessors Map Reference: 5B04N
  • Account Number: 01076280008007
  • Subdivision Tract Number: WYS
  • Parcel: 412304130011
  • Lot: 48
  • Meridian: SEC 04 TWN 41S RNG 23E
  • Latitude: 26.9454
  • Longitude: -82.0161

    Address

  • Full Address: 3027 Shannon Dr
  • Address - House Number: 3027
  • Address - Street Name: Shannon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Punta Gorda
  • Carrier Code: C054
  • 4-Digit Zip Code: 2341
  • Zip Code: 33950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,163
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 459,437
  • High Value: 554,349
  • Low Value: 364,525

    Market Valuation

  • Market Total Value: $324,762
  • Market Land Value: $63,750
  • Market Improvement Value: $261,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3032087
  • Previous Sale Recording Date: May 26, 2011
  • Previous Sale Contract Date: May 06, 2011
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cleveland

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$185

Below Asking

0.06%

Average Days on Market

122

Average Home Size

1771 ft²

Average Home Age

40.9 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 309 E Virginia Avenue, PUNTA GORDA, FL, 33950

$2,250 /mo

  • 3 Beds
  • 3 Baths
  • 1,344 ft²
309 E Virginia Avenue, PUNTA GORDA, FL, 33950 Listing by Tracey Wadsworth

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Chris McMillan
RE/MAX ANCHOR OF MARINA PARK
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# C7450215
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3027 Shannon Drive built and last sold?
The property at 3027 Shannon Drive was built in 1971 and last sold on Dec 8, 2021 for $391,500.
How much is this home worth?
The estimated value of the home located at 3027 Shannon Drive is $408,380.
What are some comparable homes to 3027 Shannon Drive?
There are currently no comparable homes to 3027 Shannon Drive.
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