NOT LISTED FOR SALE

1162 S Town and River Dr Fort Myers, FL 33919

Estimated Value: $494,817 - $530,000

3 Beds
2 Baths
1,645 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $540,000 $328 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,388/month

55 Days on Market

Highlights

  • Concrete Pool
  • Gated Community
  • Attic
  • Fort Myers High School Rated A
  • Maid or Guest Quarters
  • High Ceiling

About This Home

As of July 2024

Nestled within a serene gated community, this exquisite villa home boasts three spacious bedrooms and two full bathrooms. The primary bedroom offers a picturesque view of the sparkling pool and expansive lanai area, creating a private oasis for relaxation. Just blocks away from the pristine shores of the Gulf of Mexico, this home combines coastal charm with modern convenience. Enjoy proximity to an array of restaurants and shopping venues, ensuring that entertainment and neessities are always within reach. Many thoughtful additions, such as electric hurricane shutters and a fenced-in area with privacy bushes for your pet to enjoy, enhance the home's appeal. Despite the luxurious amenities and security, the low HOA fees make this villa an exceptional value, promising both comfort and affordability in a highly desirable location.

Last Agent to Sell the Property

Pat Eickholt

RE/MAX Realty Group License #258020846 Listed on: 06/04/2024

RE/MAX Realty Group

Last Buyer's Agent

Christopher Grant

Grant Team Real Estate, LLC License #274505823

Grant Team Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 2018

Lot Details

  • 5,950 Sq Ft Lot
  • South Facing Home
  • Privacy Fence
  • Fenced
  • Rectangular Lot
  • Sprinkler System

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Villa
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Home Office
  • Screened Porch
  • Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Purifier
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 21-45-24-L4-50000.0380

Community Details

Overview

  • Association fees include irrigation water, ground maintenance, pest control, road maintenance, street lights
  • 46 Units
  • Association Phone (239) 842-7015
  • Riverside Avenue Villas Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,509

Year Built

Built in 2018

Lot Details

0

HOA Fees

$268 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.1366
  • Ownership: Single Family
  • Subdivision Name: RIVERSIDE AVENUE VILLAS
  • Architectural Style: Ranch, One Story, Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 2018
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Duplex,Villa
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Attic, Breakfast Bar, Built-in Features, Dual Sinks, Entrance Foyer, Family/Dining Room, High Ceilings, Living/Dining Room, Pantry, Pull Down Attic Stairs, Shower Only, Separate Shower, Cable TV, Walk-In Pantry, Walk-In Closet(s), High Speed Internet, Home Office, Split Bedrooms
  • Living Area: 1645.0
  • Dining Room Type: Bathroom, Guest Quarters, Screened Porch, Great Room
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Privacy Wall, Shutters Electric
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: Security Gate, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Sidewalks
  • Association Fee: 803.0
  • Association Fee Frequency: Quarterly
  • Phone: 2398427015
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Irrigation Water, Maintenance Grounds, Pest Control, Road Maintenance, Street Lights

Lot Info

  • Parcel #: 21-45-24-L4-50000.0380
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 46

Tax Info

  • Tax Annual Amount: 5509.37
  • Tax Lot: 38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 26, 2024
Sold by
Norberg Erik and Norberg Patricia
Bought by
Grant Nicholas Paul and Grant Michael
Seller's Agent
Pat Eickholt
RE/MAX Realty Group
Buyer's Agent
Christopher Grant
Grant Team Real Estate, LLC
List Price
$549,500
Sold Price
$540,000
Premium/Discount to List
-$9,500
-1.73%
Views
7
Current Estimated Value
$492,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,774
Avg. Annual Appreciation
-5.03%
Original Mortgage
$259,200
Outstanding Balance
$256,542
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$253,412

Purchase Details

Listed on
Oct 10, 2017
Closed on
Sep 12, 2018
Sold by
Rav Development Llc
Bought by
Norberg Erik and Norberg Patricia
Seller's Agent
Dusty Gardner
Schooner Bay Realty, Inc.
Buyer's Agent
Chad Reedy
Royal Shell Real Estate, Inc.
List Price
$349,900
Sold Price
$359,467
Premium/Discount to List
$9,567
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$323,520
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Grant Nicholas Paul $540,000 None Listed On Document
Norberg Erik $359,467 Old Florida Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Nicholas Paul $259,200
Previous Owner Norberg Erik $323,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $540,000 -1.7% $328 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $549,500 +52.9% $334 / Sq Ft
09/12/2018 09/12/18 Sold $359,467 +2.7% $222 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $349,900 -- $216 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $5,509 $421,977 -- --
2023 $5,509 $383,615 $82,041 $281,031
2022 $5,534 $368,874 $0 $0
2021 $4,983 $335,340 $66,463 $268,877
2020 $4,839 $320,577 $42,700 $277,877
2019 $4,410 $287,464 $40,670 $246,794
2018 $810 $40,500 $40,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224048213

Florida Gulf Coast Multiple Listing Service

APN: 21-45-24-L4-50000.0380