NOT LISTED FOR SALE

Estimated Value: $840,388 - $1,207,000

3 Beds
2 Baths
1,789 Sq Ft
$567/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $545,000 $305 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,777/month

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Fort Myers High School Rated A
  • Concrete Pool
  • Canal View

About This Home

As of September 2017

Most recent Palm Acres vacant lot sale was $575k, so this move-in-ready 3 bed 2 bath pool home with cage, 2 car garage, and 2008 tile roof is looking really good at this price. This waterfront property features a seawall, oversized dock, 2 boat lifts, deep water, beautiful sunset views, view of creek mangroves, 2 large shade trees, and circle drive. Want to live in an exceptional direct gulf access waterfront community with boating and marine life second to none? Here’s your opportunity. Catch tarpon, snook, and redfish in your back yard. Or, live in a zero lot line tract home on a pond east of I-75. Watch dolphins, manatees, and bald eagles while lounging in your pool. Or, haul your stuff up and down the elevator from the parking garage in a condo building. Palm Acres is truly a special place that few even know exists. Watch a quiet sunset from this lanai, pool, or dock and you’ll never leave. Come explore by car or boat. Near Sanibel on McGregor turn right on Shell Point Blvd.

Last Agent to Sell the Property

Trae Zipperer

Trae Zipperer Realty License #258003878 Listed on: 04/07/2017

Last Buyer's Agent

Eric Pfeifer

License #280522587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,736

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 125 x 78 x 125
  • Home fronts a seawall
  • Home fronts navigable water
  • Southeast Facing Home
  • Sprinkler System
  • Property is zoned RS-1

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,789 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Canal Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Outside Bathroom Access
  • Screen Enclosure

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 10 / H
  • Assessor Parcel Number 34-45-23-02-0000H.0100

Community Details

Overview

  • Palm Acres Subdivision

Recreation

  • Boat Dock
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,736

Year Built

Built in 1979

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 90 x 125 x 78 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: PALM ACRES
  • Directions: Summerlin toward Sanibel turn right onto Shell Point Blvd. Travel 1.8 miles and turn left on Canaan Dr.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1979
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Attic, High Speed Internet, Living/Dining Room, Pull Down Attic Stairs, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Living Area: 1789.0
  • Stories: 1
  • Window Features: See Remarks
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Outside Bath Access, Screen Enclosure
  • Pool Private: Yes
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall, See Remarks
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Trail(s)
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 34-45-23-02-0000H.0100
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6736.0
  • Tax Block: H
  • Tax Lot: 10
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Sep 22, 2017
Sold by
Palm Cres I Llc
Bought by
Olsen Jan D and Olsen Valarie J
Seller's Agent
Trae Zipperer
Trae Zipperer Realty
Buyer's Agent
Eric Pfeifer
List Price
$595,000
Sold Price
$545,000
Premium/Discount to List
-$50,000
-8.4%
Current Estimated Value
$1,014,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,597
Avg. Annual Appreciation
7.84%
Original Mortgage
$424,100
Outstanding Balance
$356,637
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$638,778

Purchase Details

Closed on
Sep 12, 2012
Sold by
Ritrosky John D and Ritorsky Sandra D
Bought by
Palm Acres I Llc

Purchase Details

Closed on
Nov 7, 2002
Sold by
Conneely M A and Conneely Michelle A
Bought by
Ritrosky John D and Ritrosky Sandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.98%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Fenholt William A and Fenholt Doris M
Bought by
Conneely M A
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
Olsen Jan D $545,000 Attorney
Palm Acres I Llc -- Attorney
Ritrosky John D $515,000 --
Conneely M A $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olsen Jan D $424,100
Previous Owner Ritrosky John D $333,700
Previous Owner Ritrosky John D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $545,000 -8.4% $305 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $595,000 -- $333 / 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 $3,347 $266,559 -- --
2023 $3,269 $258,795 $0 $0
2022 $3,313 $251,257 $0 $0
2021 $3,261 $476,885 $450,982 $25,903
2020 $3,254 $240,571 $0 $0
2019 $3,202 $235,162 $0 $0
2018 $9,123 $595,601 $440,000 $155,601
2017 $6,970 $441,706 $400,000 $41,706
2016 $6,736 $417,884 $403,143 $14,741
2015 $6,486 $391,892 $266,518 $125,374
2014 -- $387,111 $265,252 $121,859
2013 -- $367,190 $262,643 $104,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217025500

Florida Gulf Coast Multiple Listing Service

APN: 34-45-23-02-0000H.0100