NOT LISTED FOR SALE

1540 Piney Rd North Fort Myers, FL 33903

Estimated Value: $223,740 - $375,000

6 Beds
4 Baths
2,262 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 03, 2019

Last sale price $196,000 $87 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,737/month

166 Days on Market

Highlights

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

About This Home

As of April 2019

This property is an accumulation of 5 duplexes (10 units) and will only be sold together offered at 1,150,000. Awesome income producing property with increased revenue opportunities.. Autumn Oaks is an accumulation of 5 duplexes. Two 2 bedroom 2 bath with 1 car garage properties and three 3 bedroom 2 bath properties. Additional land with gazebo and extra parking area. This well maintained property has been updated from top to bottom. Newer roofs and AC units on all buildings, tile flooring in all units. Updated kitchens and electrical close to shopping, schools and restaurants. Additional property addresses in confidential comments. Seller financing available. Agents look in Confidential comments for terms.

Last Agent to Sell the Property

George Patton

RE/MAX Trend License #258005212 Listed on: 09/18/2018

RE/MAX Trend

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,533

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 160 x 90 x 160 x 90
  • Irregular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,262 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 3
  • Assessor Parcel Number 02-44-24-30-00000.0030

Community Details

Overview

  • 2 Units
  • Autumn Oaks Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,533

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Lot Size: 160 x 90 x 160 x 90
  • Subdivision Name: AUTUMN OAKS
  • Directions: Pine Island road to U.S. 41 south to West Mariana Ave east to Piney Road. Property is the 5 buildings on the corner of West Mariana and Piney Road
  • Structure Type: Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 02-44-24-30-00000.0030
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1533.0
  • Tax Lot: 3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
No Degree Tertium Llc
Bought by
1540 Piney Road Trust and Guanabacoa Llc
Current Estimated Value
$282,685

Purchase Details

Closed on
Jan 30, 2024
Sold by
No Degree Tertium Llc
Bought by
1540 Piney Road Trust

Purchase Details

Closed on
Apr 5, 2021
Sold by
Kendra Stanley
Bought by
No Degree Tertium Llc

Purchase Details

Closed on
Feb 4, 2021
Sold by
No Degree Tedium Llc
Bought by
Kendra Stanley

Purchase Details

Listed on
Sep 18, 2018
Closed on
Apr 3, 2019
Sold by
Walters Roy Donald and Walters Myra Hale
Bought by
No Degree Tertium Llc
Seller's Agent
George Patton
RE/MAX Trend
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$230,000
Sold Price
$196,000
Premium/Discount to List
-$34,000
-14.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$686,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2009
Sold by
Lasalle Bank National Association
Bought by
Walters Roy Donald and Walters Myra Hale

Purchase Details

Closed on
Apr 29, 2008
Sold by
Goldmann Theodore H
Bought by
Lasalle Bank Na and Merrill Lynch Mortgage Investors Trust M

Purchase Details

Closed on
Jun 28, 2006
Sold by
Liberty Premier Funding Corp
Bought by
Goldmann Theodore H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,125
Interest Rate
6.57%
Mortgage Type
Commercial
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
1540 Piney Road Trust $100 None Listed On Document
1540 Piney Road Trust $100 None Listed On Document
No Degree Tertium Llc $100 None Listed On Document
Kendra Stanley -- None Listed On Document
No Degree Tertium Llc -- Sandcastle Title Svcs Llc
Walters Roy Donald $35,900 Watson Title Ins Agency Inc
Lasalle Bank Na -- None Available
Goldmann Theodore H $197,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner No Degree Tertium Llc $686,000
Previous Owner Goldmann Theodore H $148,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2019 04/03/19 Sold $196,000 -14.8% $87 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $230,000 -- $102 / 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
2025 $3,052 $297,898 $30,023 $258,750
2024 $3,052 $169,522 $22,358 $146,440
2023 $3,113 $169,522 $16,061 $173,863
2022 $3,444 $190,778 $13,933 $176,845
2021 $2,550 $132,976 $13,738 $119,238
2020 $2,403 $121,128 $12,636 $108,492
2019 $1,641 $113,857 $17,496 $96,361
2018 $1,662 $118,709 $17,496 $101,213
2017 $1,533 $101,740 $10,692 $91,048
2016 $1,372 $87,437 $11,158 $76,279
2015 $1,248 $72,603 $7,342 $65,261
2014 -- $63,595 $7,248 $56,347
2013 -- $63,092 $5,308 $57,784
Source: Public Records

Agents Affiliated with this Home

  • George Patton

    Seller's Agent in 2019

    George Patton

    RE/MAX

    (239) 839-1228

    6 in this area

    362 Total Sales

    George Patton
    Section Image

  • O

    Buyer's Agent in 2019

    Out of area Non Member

    FGC Non-MLS Office

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218061353

Florida Gulf Coast Multiple Listing Service

APN: 02-44-24-30-00000.0030

Florida Lee County North Fort Myers 33903

1540 Piney Rd, North Fort Myers, FL

This home is located at 1540 Piney Rd, North Fort Myers, FL 33903 since 18 September 2018 and is currently estimated at $282,685, approximately $124 per square foot. This property was built in 1978. 1540 Piney Rd is a home located in Lee County with nearby schools including J. Colin English Elementary School, Tropic Isles Elementary School, and Hancock Creek 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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