NOT LISTED FOR SALE

12420 Basalt Ln Alva, FL 33920

Babcock Ranch Neighborhood

Estimated Value: $538,000 - $578,000

3 Beds
3 Baths
2,099 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 12420 Basalt Ln, Alva, FL 33920 and is currently estimated at $551,267, approximately $262 per square foot. 12420 Basalt Ln is a home located in Lee County with nearby schools including Orange River Elementary School, Bayshore Elementary School, and Tice Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Pulte Home Company Llc
Bought by
Rathmann Marc and Rathmann Suchitrita S
Current Estimated Value
$551,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Outstanding Balance
$380,878
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$169,736
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rathmann Marc $545,000 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathmann Marc $381,500
Source: Public Records

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 -- $37,772 $37,772 --
2023 -- $36,672 $36,672 --
Source: Public Records

Map

Florida Lee County Alva 33920 Babcock Ranch

12420 Basalt Ln, Alva, FL

This home is located at 12420 Basalt Ln, Alva, FL 33920 and is currently estimated at $551,267, approximately $262 per square foot. 12420 Basalt Ln is a home located in Lee County with nearby schools including Orange River Elementary School, Bayshore Elementary School, and Tice Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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