NOT LISTED FOR SALE

1041 Swallow Ave Unit 401 Marco Island, FL 34145

Estimated Value: $464,000 - $544,000

2 Beds
2 Baths
1,146 Sq Ft
1 Acres

Last Sold April 10, 2023

Last sale price $540,000 $471 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,025/month

Highlights

  • Private Dock
  • Penthouse
  • 1 Acre Lot
  • Tommie Barfield Elementary School Rated A
  • City View
  • Home fronts a canal

About This Home

As of April 2023

Turnkey 2 bed, 2 bath light & bright condo penthouse overlooks Swallow Ave. Walls of windows, open plan, beautifully tiled floors, screened lanai, elevator and close to beach. Community pool, guest boat slips in this charming condo complex.

Last Agent to Sell the Property

Comp Agent

Marco Island Area Association Of Realtor Listed on: 04/10/2023

Last Buyer's Agent

Erika Burke

RE/MAX Alliance Group License #3512265

RE/MAX Alliance Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1982

Lot Details

  • Home fronts a canal
  • North Facing Home

Parking

  • 1 Carport Space

Home Design

  • Penthouse
  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 4th floor
  • Turnkey
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,146 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Windows
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Private Dock
  • Lanai

Additional Features

  • In Flood Plain
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 60608625225

Community Details

Overview

  • 17 Units
  • Low-Rise Condominium
  • Moorings Community
  • Moorings Of Marco, The A Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator
  • Bike Room

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,372

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Res Comp Only
  • Lot Size Acres: 1.0
  • Subdivision Name: Moorings Of Marco, The A Condo
  • Year Built: 1982
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 60608625225
  • Location Tax and Legal:Tax Annual Amount: 3371.81
  • Location Tax and Legal:Tax Year: 2022
  • General Property Information:Condominium Name: MOORINGS
  • General Property Information:Stories Total: 4
  • General Property Information:Unit Floor: 4
  • General Property Information:Furnished: Turnkey
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1146.0
  • General Property Information:Rear Exposure: North
  • General Property Information:Carport Spaces: 1
  • General Property Information:Boat Dock: Yes
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Information Details:Number Of Units Total: 17
  • Architectural Style:Contemporary: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Unit Design:Low Rise: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Acres: 1.0
  • Pets Allowed:No: Yes
  • Unit Design:Penthouse: Yes
  • Architectural Style:Coastal: Yes
  • View:City4: Yes
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1146.0
  • Window Features: Impact Windows, Sliding

Exterior Features

  • Pool Private: No
  • View: City
  • Construction Type: Stucco
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Lanai: Screened
  • Window and Door Features:Sliding: Yes
  • Window and Door Features:Impact Windows: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Access Common Dock: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Elevator(s), Barbecue, Pool
  • Pets Allowed: No

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Storage: Yes
  • Association Amenities:Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 60608625225
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3371.81
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
Apr 4, 2023
Sold by
Mcghee Family Nominee Trust
Bought by
Ground Owl Inc
Seller's Agent
Comp Agent
Marco Island Area Association Of Realtor
Buyer's Agent
Erika Burke
RE/MAX Alliance Group
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$506,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,526
Avg. Annual Appreciation
-2.36%

Purchase Details

Closed on
May 22, 2012
Sold by
Mcghee David P and Mcghee Beth A
Bought by
Mcghee David P and Mcghee Beth A

Purchase Details

Closed on
Feb 18, 2005
Sold by
Eggert John C
Bought by
Mcghee David P and Mcghee Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2002
Sold by
Heeman Janice A
Bought by
Eggert John C

Purchase Details

Closed on
Aug 13, 1993
Sold by
Dewitt Robert D and Dewitt Kathy L
Bought by
Heeman Donald E and Heeman Janice A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.21%
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
Ground Owl Inc $540,000 None Listed On Document
Ground Owl Inc $540,000 None Listed On Document
Mcghee David P -- Attorney
Mcghee David P $518,000 --
Eggert John C $230,000 --
Heeman Donald E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcghee David P $240,000
Previous Owner Heeman Donald E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $540,000 0.0% $471 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $540,000 -- $471 / Sq Ft
Source: Marco Island Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,334 $474,940 -- $474,940
2024 $3,739 $474,940 -- $474,940
2023 $3,739 $344,015 $0 $0
2022 $3,372 $312,741 $0 $0
2021 $3,076 $284,310 $0 $284,310
2020 $3,028 $281,310 $0 $281,310
2019 $3,273 $298,500 $0 $298,500
2018 $3,248 $295,493 $0 $0
2017 $3,011 $268,630 $0 $0
2016 $2,904 $244,209 $0 $0
2015 $2,582 $222,008 $0 $0
2014 -- $201,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2230790

APN: 60608625225