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140 Palmetto Circle

140 Palmetto Circle, Port Charlotte, FL 33952
Property in Port Charlotte
Sold Oct 07, 2021
$165,000
$162,011 by Signature Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Nov 01, 2016
$104,900
$102,999 by Security National Life Insuran
Mortgage Due Nov 01, 2046
Local assessors in Port Charlotte, FL have categorized 140 Palmetto Circle as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,885 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 140 Palmetto Circle has a total of 1,327 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 140 Palmetto Circle sold most recently in Sep 30, 2021 for a total of $165,000. If you work out the math, that's approximately a cost of $124.34 per sqft. Before that, the property was also sold for $104,900 in Oct 31, 2016. 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 $716 in taxes each year. 140 Palmetto Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $19,849. If we break it down further, the land itself was valued at $18,700. Improvements to the property, however, were assessed at a total of $1,149. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,885
  • Total Building Area: 1,327
  • Gross Building Area: 1,794
  • Building Area: 1,327
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,327
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PORT CHARLOTTE
  • Land Acres: 0.181
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PORT CHARLOTTE SEC 4 BLK 53 LT 7 PR74-312 332/40 495/388 495/388 501/508-9 502/725 969/1692 1420/1692 1656/994 2976/717 3348/1909 4136/1728 4854/2125

Ownership

  • Current Owner : SMITH KEVIN J
  • Current Owner 2: SMITH LISA M
  • Previous Owner : VERSLUIS AUDREY ROSE
  • Owner Before Previous Owner: KNUDSEN DAVID A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Charlotte County School District
  • Census Tract: 020602

Zoning

  • Zoning: RSF3.5

Geography

  • Assessors Map Reference: 4A27N
  • Account Number: 00014780000001
  • Subdivision Tract Number: PCH
  • Parcel: 402227259002
  • Block: 53
  • Lot: 7
  • Meridian: SEC 27 TWN 40S RNG 22E
  • Latitude: 26.9675
  • Longitude: -82.0948

    Address

  • Full Address: 140 Palmetto Cir Ne
  • Address - House Number: 140
  • Street Segment Direction: NE
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Port Charlotte
  • Carrier Code: C019
  • 4-Digit Zip Code: 8247
  • Zip Code: 33952

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $716
  • Tax Rate Code Area: 104

    Appraisal Valuation

  • Standard Deviation: 0.4899
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 2
  • Final Value: 26,123
  • High Value: 38,921
  • Low Value: 13,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: SIGNATURE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $162,011
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $19,849
  • Market Land Value: $18,700
  • Market Improvement Value: $1,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,849
  • Assessed Land Value: $18,700
  • Assessed Improvements Value: $1,149

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11859870900
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3007139
  • Previous Sale Recording Date: Nov 01, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $104,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIGNATURE MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY NATIONAL LIFE INSURAN
  • Previous Mortgage Transaction Date: Nov 01, 2016
  • Previous Mortgage Loan Amount: $102,999
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 140 Palmetto Circle located in?
The 140 Palmetto Circle is a located in the neighborhood of Port Charlotte in Port Charlotte, Port Charlotte.
What is the average sales price for listings in 140 Palmetto Circle?
The average sales price for units in 140 Palmetto Circle is $0 currently.

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