$280,000
SOLD AUG 30, 2018

11318 Lake Cypress Loop Fort Myers, FL 33913

Gateway Neighborhood
5 Beds
3.5 Baths
3,256 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

8% Below List Price

104 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Family Room
  • Central Air
  • Central Vacuum

About This Home

As of October 2022

Move in ready 5 bedroom home with exceptional living space! With Granite counters in the kitchen, ceramic tile throughout the main living area and carpet in the bedrooms and upstairs living room. The screened lanai and 2nd floor balcony overlook the beautifully landscaped lawn.Operations and Maintenance: $517.74/yearDebt Services CDD: $348.04 ($2,800 to pay off)

Last Agent to Sell the Property

Phaidra McDermott

Kingfisher Real Estate Inc. License #676199 Listed on: 04/18/2018

Last Buyer's Agent

Phaidra McDermott

Kingfisher Real Estate Inc. License #676199 Listed on: 04/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,564

Year Built

  • Built in 2003

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Block Exterior

Interior Spaces

  • 3,256 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Family Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Air

Community Details

  • Gateway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-45-26-26-00000.0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,564

Year Built

Built in 2003

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Subdivision Name: Gateway
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: CYPRESS CAY DESC IN PB 71 PGS 5-9 LOT 4
  • Strap Number: 08-45-26-26-00000.0040
  • Subject To F I R P T A: No
  • Year Built: 2003
  • Folio Id: 10468696
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 86
  • Total Sq Ft: 3934
  • Appliances: Central Vacuum, Dishwasher, Disposal
  • Estimated Living Sq Ft: 3256
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 5
  • Den: No
  • Fireplace: No
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: No - Unfurnished
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Other Add Agt Note

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Other Add Agt Note
  • Pool: No
  • View: Other Add Agt Note
  • Roads: Other Add Agt Note
  • Construction Stat: Concrete Block
  • Roof: Other Add Agt Note

Garage/Parking

  • Parking: 2+ Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Period: Monthly
  • Association Management: xxxxxxxx
  • Management Company Phone: 00000000000
  • HOA: Yes

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 11318 Lake Cypress Loop
  • Geo Primary City: Fort Myers
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Size: .22
  • Lot Sq Ft Source: Leepa

Tax Info

  • Tax Amount: 4564
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 26, 2022
Sold by
Chavolla Jose Luis and Chavolla Irene
Bought by
Telusnord Sonia
Seller's Agent
MJ Lattig
Alliance Realty Group
Buyer's Agent
Javier Rodriguez
White Sands Realty
List Price
$510,000
Sold Price
$490,000
Premium/Discount to List
-$20,000
-3.92%
Total Days on Market
104
Current Estimated Value
$480,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,054
Avg. Annual Appreciation
0.36%
Original Mortgage
$428,041
Outstanding Balance
$415,041
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$79,831

Purchase Details

Listed on
Aug 30, 2018
Closed on
Aug 24, 2018
Sold by
Warfleet Gatewy Llc
Bought by
Chavolla Jose Luis and Chavolla Irene
Seller's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
Buyer's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2014
Closed on
Feb 13, 2015
Sold by
Rendon Alexander and Rendon Yaneth
Bought by
Warfleet Gateway Llc
Seller's Agent
Griselle Pratts
MVP Realty Associates LLC
Buyer's Agent
Stephen Petty
VIP Realty Group Inc
List Price
$279,500
Sold Price
$227,000
Premium/Discount to List
-$52,500
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Aug 5, 2010
Sold by
Patel Manoj and Patel Rinaben H
Bought by
Rendon Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,475
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2005
Sold by
Patel Manoj
Bought by
Patel Manoj and Patel Rinaben H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 29, 2003
Sold by
Beazer Homes Corp
Bought by
Patel Manoj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,450
Interest Rate
6.32%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Cypress Cay Dev Co L L C
Bought by
Beazer Homes Corp
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Landsel Title
Warranty Deed $280,000 Coastal Title Services
Warranty Deed $227,000 Marketplace Title
Warranty Deed $190,000 5 Star Title Group Inc
Interfamily Deed Transfer -- Strategic Title Services Inc
Deed $250,000 --
Deed $460,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $37,633 FHA
Open $428,041 FHA
Previous Owner $224,000 New Conventional
Previous Owner $187,475 FHA
Previous Owner $305,000 Stand Alone First
Previous Owner $237,450 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $490,000 -3.9% $150 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $510,000 +82.1% $157 / Sq Ft
08/30/2018 08/30/18 Sold $280,000 0.0% $86 / Sq Ft
08/30/2018 08/30/18 Sold $280,000 -8.2% $86 / Sq Ft
08/30/2018 08/30/18 For Sale $305,000 0.0% $94 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $305,000 +34.4% $94 / Sq Ft
02/13/2015 02/13/15 Sold $227,000 -18.8% $70 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
10/26/2014 10/26/14 For Sale $279,500 -- $86 / Sq Ft
Source: Sanibel & Captiva Islands 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
2024 $6,182 $388,118 $169,512 $214,614
2023 $6,126 $397,987 $155,403 $242,584
2022 $5,447 $283,402 $0 $0
2021 $4,651 $257,638 $59,220 $198,418
2020 $4,605 $247,907 $57,990 $189,917
2019 $4,436 $243,049 $55,000 $188,049
2018 $4,523 $246,283 $55,000 $191,283
2017 $4,754 $238,220 $49,000 $189,220
2016 $4,602 $229,845 $49,000 $180,845
2015 $4,350 $217,800 $47,000 $170,800
2014 -- $202,586 $36,000 $166,586
2013 -- $185,969 $30,000 $155,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2180522

Sanibel & Captiva Islands Association of REALTORS®

APN: 08-45-26-26-00000.0040