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501 Magnolia Avenue

501 Magnolia Avenue, Port Charlotte, FL 33952
Property in Port Charlotte
Sold Jul 19, 2021
$205,000
$137,185 by Joseph Scola Etux
Mortgage Due Aug 01, 2026
Sold Oct 30, 2020
$185,000
501 Magnolia Avenue in Port Charlotte, FL was first built in 1981 and is 43 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 501 Magnolia Avenue has 1,528 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,051 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. For those who need parking, there is a attached garage. The garage is 498 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 501 Magnolia Avenue sold most recently in Jul 15, 2021 for a total of $205,000. If you work out the math, that's approximately a cost of $101.18 per sqft. Before that, the property was also sold for $185,000 in Oct 30, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,923 in taxes each year. The initial year of tax delinquency occurred in 2022. 501 Magnolia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $215,940. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 498
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,051
  • Total Building Area: 2,026
  • Gross Building Area: 2,366
  • Building Area: 1,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PORT CHARLOTTE
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PORT CHARLOTTE SEC10 BLK129 LT 8 145/251 416/955 514/762 602/57 627/1741 L/E1287/228 DC4284/768-RV DC4284/767-RDL 4284/772 4654/1758 4806/915

Ownership

  • Current Owner : CALA BARBARA A
  • Previous Owner : SCOLA JOSEPH A
  • Previous Owner 2: SCOLA NANCY K
  • Owner Before Previous Owner: CORBIN JERRY GLENN
  • Owner Before Previous Owner 2: CORBIN PEGGY ELIZABETH

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 020601

Zoning

  • Zoning: RSF3.5

Geography

  • Assessors Map Reference: 4A21S
  • Account Number: 00074290000008
  • Subdivision Tract Number: PCH
  • Parcel: 402221329005
  • Block: 129
  • Lot: 8
  • Meridian: SEC 21 TWN 40S RNG 22E
  • Latitude: 26.979
  • Longitude: -82.117

    Address

  • Full Address: 501 Magnolia Ave Nw
  • Address - House Number: 501
  • Street Segment Direction: NW
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Port Charlotte
  • Carrier Code: C071
  • 4-Digit Zip Code: 7817
  • Zip Code: 33952

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,923
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.2293
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 357,024
  • High Value: 438,897
  • Low Value: 275,151

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,185
  • First Open Lien Mortgage Lender: JOSEPH SCOLA ETUX
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $137,185
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2026
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $257,001
  • Market Land Value: $17,000
  • Market Improvement Value: $240,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,940

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11846233885
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2973092
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOSEPH SCOLA ETUX
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $137,185
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Aug 01, 2026

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Frequently Asked Questions

What neighborhood is 501 Magnolia Avenue located in?
The 501 Magnolia Avenue is a located in the neighborhood of Port Charlotte in Port Charlotte, Port Charlotte.
What is the average sales price for listings in 501 Magnolia Avenue?
The average sales price for units in 501 Magnolia Avenue is $0 currently.

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