NOT LISTED FOR SALE

Estimated Value: $1,067,000

42 Acres
$25,405 Price per Acre
1,829,520 Sq Ft Lot

Sale Details

Date Sold: June 6, 2023

Last sale price $1,600,000

Est. 33% decrease in value since last sale

Current estimated payment $7,093 / mo

216 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Trees or Woods
  • Oversized Lot
  • Cape Coral High School Rated A-
  • 42 Acre Lot

About This Lot

As of June 2023

Pine Island Center 42 acre zoned AG-2, tropical Grove. Frontage on Stringfellow Rd. Four wells total, 3 - 300' wells with Engine Driven Turbine Diesel Pumps and a10 horse submersible electric pump. 20 million gal water allotment.
The trees are 6-7 years old. the property is laser leveled with perimeter ditches connected to a water retention pond. The property is completely fenced.

Last Agent to Sell the Property

Mike Shevlin

Century 21 Sunbelt Realty License #258000296 Listed on: 11/01/2022

Century 21 Sunbelt Realty

Last Buyer's Agent

Mike Shevlin

Century 21 Sunbelt Realty License #258000296 Listed on: 11/01/2022

Century 21 Sunbelt Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $737

Lot Details

  • 42 Acre Lot
  • Lot Dimensions are 1300 x 1300 x 1350 x 1240
  • East Facing Home
  • Oversized Lot
  • Property is zoned AG-2

Utilities

  • Well
  • Sewer Not Available

Additional Features

  • Views of Woods
  • Horses Allowed On Property

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 29
  • Assessor Parcel Number 28-44-22-00-00029.0020

Property Details

Property Type

Land

Est. Annual Taxes

$737

Lot Details

42 Acres

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 42.0
  • Lot Size: 1300 x 1300 x 1350 x 1240
  • Road Surface Type: Paved
  • Subdivision Name: METES AND BOUNDS
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot, See Remarks, Acreage
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Sewer Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Agricultural
  • Horse Amenities: Horses Allowed
  • Additional Parcels Description: 28-44-22-00-00041.0020
  • Parcel #: 28-44-22-00-00029.0020
  • Zoning Description: AG-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 737.37
  • Tax Block: 29
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jun 1, 2023
Sold by
Brooks Tropicals Llc
Bought by
Tripletail Aqua Llc
Seller's Agent
Mike Shevlin
Century 21 Sunbelt Realty
Buyer's Agent
Mike Shevlin
Century 21 Sunbelt Realty
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Current Estimated Value
$1,067,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$533,000
Avg. Annual Appreciation
-13.43%
Original Mortgage
$1,280,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2014
Sold by
Wanklyn John A
Bought by
Pine Island Groves Llc

Purchase Details

Closed on
Aug 14, 2003
Sold by
Pine Island Citrus Gen Ptnr
Bought by
Hains Timothy G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tripletail Aqua Llc $1,600,000 None Listed On Document
Pine Island Groves Llc $562,900 Attorney
Hains Timothy G $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tripletail Aqua Llc $1,280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/06/2023 06/06/23 Sold $1,600,000 -5.9% --
11/01/2022 11/01/22 For Sale $1,700,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,769 $1,143,639 $1,143,639 --
2024 $800 $1,143,582 -- --
2023 $800 $53,914 $0 $0
2022 $737 $50,708 $0 $0
2021 $737 $47,734 $0 $0
2020 $745 $47,618 $47,618 $0
2019 $751 $47,116 $47,116 $0
2018 $761 $46,923 $46,923 $0
2017 $810 $48,661 $48,661 $0
2016 $881 $52,023 $52,023 $0
2015 $852 $51,301 $51,301 $0
2014 $6,723 $401,100 $401,100 $0
2013 -- $13,926 $13,926 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222079135

Florida Gulf Coast Multiple Listing Service

APN: 28-44-22-00-00029.0020

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