NOT LISTED FOR SALE

1163 Lake McGregor Dr Fort Myers, FL 33919

Estimated Value: $514,000 - $765,000

9 Beds
7 Baths
-- Sq Ft
0.3 Acres

Last Sold March 31, 2016

Last sale price $380,000

Est. 59% increase in value since last sale

Current estimated payment $3,830/month

52 Days on Market

Highlights

  • Oversized Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Fort Myers High School Rated A

About This Home

As of March 2016

INVESTORS THIS IS A RARE OPPORTUNITY TO HAVE 2 GREAT DUPLEXES TOGETHER! THIS IS A HUGE GROWTH POTENTIAL AND VERY EASY MANAGEMENT. ONE COMPANY IS RENTING ALL 4 UNITS FOR MANY YEARS. DUPLEXES ARE LOCATED IN A QUIET AND CENTRAL NEIGHBORHOOD IN SOUTH FT MYERS. 1163/65 WAS BUILT IN 1974 AND 1167/69 WAS BUILT IN 2002. RENT IS $3850 PER MONTH INCLUDING LANDSCAPE AND MAINTENANCE. THERE IS APPROXIMATELY 9% RETURN TO A CASH BUYER.

Last Agent to Sell the Property

Ilan Kedem

Jones & Co Realty License #258006340 Listed on: 01/08/2016

Jones & Co Realty

Last Buyer's Agent

Petra Kaiser

License #258023345

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,860

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 85 x 160 x 85 x 160
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Additional Features

  • Single Hung Windows
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, security, telephone
  • Legal Lot and Block 9 / 14
  • Assessor Parcel Number 21-45-24-00-00014.0090

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Fort Myers Subdivision
  • Operating Expense $3,705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,860

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 85 x 160 x 85 x 160
  • Subdivision Name: FORT MYERS
  • Structure Type: Duplex
  • Year Built: 1974
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 7
  • Total Bedrooms: 9
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 21-45-24-00-00014.0090
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Security, Telephone

Multi Family

  • Annual Operating Expense: 3705.0

Tax Info

  • Tax Annual Amount: 3860.0
  • Tax Block: 14
  • Tax Lot: 9
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Tumalo Llc
Bought by
Tumalo F Llc
Current Estimated Value
$603,614

Purchase Details

Listed on
Jan 8, 2016
Closed on
Mar 29, 2016
Sold by
Coba Amba Home Investments Llc
Bought by
Tumalo Llc Series F
Seller's Agent
Ilan Kedem
Jones & Co Realty
Buyer's Agent
Petra Kaiser
List Price
$394,000
Sold Price
$380,000
Premium/Discount to List
-$14,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Aug 26, 2015
Sold by
Howard William M
Bought by
Coba Amba Home Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 28, 2001
Sold by
Vidussi Don and Vidussi Juliet P
Bought by
Howard William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 1999
Sold by
Baxter Thomas Edward and Baxter Patsy Jean
Bought by
Vidussi Don and Vidussi Juliet P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
7.66%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tumalo F Llc -- Accommodation
Tumalo Llc Series F $380,000 Transaction Title Of Fl Llc
Coba Amba Home Investments Llc $299,900 Entitled Llc
Howard William M $130,100 --
Vidussi Don $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coba Amba Home Investments Llc $3,000,000
Previous Owner Howard William M $225,000
Previous Owner Vidussi Don $84,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $380,000 -3.6% --
03/01/2016 03/01/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $394,000 -- --
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
2025 $7,561 $470,424 -- --
2024 $6,519 $427,658 -- --
2023 $6,519 $388,780 $0 $0
2022 $5,942 $353,429 $84,701 $268,728
2021 $4,837 $278,844 $84,573 $194,271
2020 $4,716 $267,296 $84,000 $183,296
2019 $4,656 $263,253 $84,000 $179,253
2018 $4,698 $260,019 $84,000 $176,019
2017 $4,662 $253,554 $60,000 $193,554
2014 -- $113,196 $18,338 $94,858
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Ilan Kedem

    Jones & Co Realty

    (732) 484-0130

    394 Total Sales

    Ilan Kedem
    Section Image

  • P

    Buyer's Agent in 2016

    Petra Kaiser

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216001911

Florida Gulf Coast Multiple Listing Service

APN: 21-45-24-00-00014.0090

Florida Lee County Fort Myers 33919

1163 Lake McGregor Dr, Fort Myers, FL

This home is located at 1163 Lake McGregor Dr, Fort Myers, FL 33919 since 08 January 2016 and is currently estimated at $603,614. This property was built in 1974. 1163 Lake McGregor Dr is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts School.

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