NOT LISTED FOR SALE

Palmas Del Sol I 11640 Court of Palms Unit 502 Fort Myers, FL 33908

Estimated Value: $1,029,000 - $1,401,413

3 Beds
2.5 Baths
2,672 Sq Ft
$979/mo HOA Fee

Last Sold August 30, 2023

Last sale price $1,675,000 $627 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $8,365/month

Highlights

  • Equity Golf Club Membership
  • Fitness Center
  • River Front
  • Fort Myers High School Rated A
  • Gated with Attendant
  • Outdoor Pool

About This Home

As of August 2023

This home is located at 11640 Court of Palms Unit 502, Fort Myers, FL 33908 since 30 August 2023 and is currently estimated at $1,184,853, approximately $443 per square foot. This property was built in 1999. 11640 Court of Palms Unit 502 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.

Last Agent to Sell the Property

Evan duPont

Michael Saunders & Company License #3286932 Listed on: 08/30/2023

Michael Saunders & Company

Co-Listed By

Jesse Lermer

Berkshire Hathaway HomeServices Florida Realty License #3289104

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1999

Lot Details

  • River Front
  • Gated Home

HOA Fees

  • $979 Monthly HOA Fees

Property Views

  • Golf Course

Home Design

  • Poured Concrete

Interior Spaces

  • 2,672 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Automatic Garage Door Opener
  • Guest Parking

Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 502
  • Assessor Parcel Number 30-45-24-13-00001.0502

Community Details

Overview

  • Application Fee Required
  • Association fees include cable TV, exter pest control, insurance bldg, inter pest control, landscape/lawn, legal and accounting, manager, recreation facilities, water
  • Suitor Cox Middleton Association, Phone Number (239) 437-0340
  • Palmas Del Sol Community

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Equity Golf Club Membership
  • Tennis Courts
  • Fitness Center
  • Community Cabanas
  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,498

Year Built

Built in 1999

Lot Details

0

HOA Fees

$979 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: PALMAS DEL SOL CONDO DESC IN OR 3122 PG 3693 PH 1 BLDG 1 UNIT 502
  • Strap Number: 30-45-24-13-00001.0502
  • Subject To F I R P T A: No
  • Year Built: 1999
  • Pet Limits: 40lbs and 1 pet
  • Pets: Limits
  • Folio Id: 10450423
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 626.87
  • Total Sq Ft: 3325
  • Appliances: Dishwasher, Disposal, Double Ovens, Dryer, Microwave, Range Electric, Range/Dbl Oven Elec, Refrigerator-Ice maker, Security System, Smoke Detector(s), Wall Oven Elec, Washer, Wine Cooler
  • Estimated Living Sq Ft: 2672
  • Bathrooms: 2
  • Bathrooms Display: 2/1
  • Bedrooms: 3
  • Ceiling: See Remarks
  • Den: Yes
  • Fireplace: Yes
  • Flooring: Tile Floor, Wood Floor
  • Furnished: No
  • Furnishing: See Remarks
  • Half Bathrooms: 1

Exterior Features

  • Misc Exterior: Poured Concrete
  • Waterfront: River
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Pool: Yes
  • View: Golf Course, Part Gulf View, River

Garage/Parking

  • Parking: Auto Garage Opener(s), Guest

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: Gated, Guard at Site

Condo/Co-op/Association

  • Association Fees Disp: Y - $2936/Q
  • Association Fee: 2936
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Suitor Cox Middleton
  • Management Company Phone: 239-437-0340
  • Condo Amenities: Cabana, Clubhouse, Community Room, Exercise Room, Gated, Golf Course Equity, Spa, Tennis Court(s)
  • Condo Name: Palmas Del Sol
  • Fees Include: Cable TV, Exter Pest Control, Insurance Bldg, Inter Pest Control, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Water
  • Govern Bodies: Application Fee, Condo Association, Master Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2023-08-31
  • Geo Address Line: 11640 Court Of Palms
  • Geo Primary City: Fort Myers
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 502

Rental Info

  • Rent Type: Other Add Agt Note

Tax Info

  • Tax Amount: 4498
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Jan 25, 2021
Sold by
Frye Michael J and Frye Michael J
Bought by
Naumann John J and Naumann Deborah K
Seller's Agent
Michael Frye
RE/MAX Realty Group
Buyer's Agent
Michael Frye
List Price
$895,000
Sold Price
$775,000
Premium/Discount to List
-$120,000
-13.41%
Current Estimated Value
$1,184,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,853
Avg. Annual Appreciation
9.49%
Original Mortgage
$658,750
Outstanding Balance
$587,522
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$597,331

Purchase Details

Closed on
Sep 23, 2011
Sold by
Empert Richard and Empert Nancy A
Bought by
Frye Michael J and Michael J Frye Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2008
Sold by
Teuscher Roger F
Bought by
Empert Richard and Empert Nancy A

Purchase Details

Closed on
Jun 15, 2004
Sold by
Lankelma Herman Peter
Bought by
Teuscher Roger F and Roger Teuscher Trust

Purchase Details

Closed on
Jun 20, 2003
Sold by
Lankelma Herman P
Bought by
Lankelma Herman Peter

Purchase Details

Closed on
Jul 9, 1999
Sold by
Grosse Pointe Assoc Ltd
Bought by
Lankelma Herman P
Source: Public Records

Range of Values:

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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
Naumann John J $775,000 Title Group Of Fort Myers Lt
Frye Michael J $550,000 Florida Title & Guarantee
Empert Richard $800,000 Title Professionals Of Fl
Teuscher Roger F $750,000 First Title Of Southwest Flo
Lankelma Herman Peter -- --
Lankelma Herman P $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naumann John J $658,750
Previous Owner Frye Michael J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2023 08/30/23 Sold $1,675,000 -16.0% $627 / Sq Ft
08/30/2023 08/30/23 For Sale $1,995,000 +157.4% $747 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
01/25/2021 01/25/21 Sold $775,000 -13.4% $275 / Sq Ft View Prior Sale
12/26/2020 12/26/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $895,000 -- $317 / 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
2025 $13,242 $1,056,584 -- --
2024 $4,395 $1,026,807 -- $1,026,807
2023 $4,395 $362,098 $0 $0
2022 $4,498 $332,306 $0 $0
2021 $6,955 $488,756 $0 $488,756
2020 $5,730 $425,492 $0 $0
2019 $5,660 $415,926 $0 $0
2018 $5,680 $408,171 $0 $0
2017 $5,686 $399,776 $0 $0
2016 $5,684 $391,553 $0 $391,553
2015 $6,220 $431,700 $0 $431,700
2014 $6,224 $420,700 $0 $420,700
2013 -- $413,900 $0 $413,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230806

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-45-24-13-00001.0502