NOT LISTED FOR SALE

16404 Coco Hammock Way Fort Myers, FL 33908

Estimated Value: $480,920 - $521,000

3 Beds
2.5 Baths
2,562 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $475,000 $185 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,305/month

65 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Private Membership Available
  • Fort Myers High School Rated A
  • Gated Community
  • Clubhouse

About This Home

As of February 2023

Investor Special! Amazing opportunity! The property is being sold AS IS and CASH ONLY Due to hurricane damage and water intrusion! Priced Accordingly! One of the best floorpan coco bay has to offer . 3bedroom 2,5 bath pool and spa.This home has a huge potential ! Agents please read confidential remarks!

Last Agent to Sell the Property

Koba Kobakhidze

VIP Realty Group Inc License #258021349 Listed on: 12/11/2022

Last Buyer's Agent

Koba Kobakhidze

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • West Facing Home
  • Rectangular Lot
  • Property is zoned RPD

HOA Fees

  • $492 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Arched Windows
  • Formal Dining Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub
  • Separate Shower

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 06-46-24-32-00000.0610

Community Details

Overview

  • Association fees include management, irrigation water, legal/accounting, ground maintenance, pest control, road maintenance, street lights, security, trash
  • Private Membership Available
  • Association Phone (239) 939-2999
  • Coco Bay Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,791

Year Built

Built in 2006

Lot Details

0

HOA Fees

$492 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.294
  • Ownership: Single Family
  • Subdivision Name: COCO BAY
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Electric Heat, In Ground
  • Private Spa: Yes
  • Appliances: Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Bathtub, Separate/Formal Dining Room, Pantry, Separate Shower, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 2562.0
  • Stories: 1
  • Window Features: Arched
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: In Ground, Screen Enclosure, Community
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Stucco
  • Direction Faces: West
  • Exterior Features: Shutters Electric, Shutters Manual
  • 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, Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, 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: Gated, Street Lights
  • Amenities: Clubhouse, Fitness Center, Library, Private Membership, Pool, Spa/Hot Tub, Sidewalks
  • Association Fee: 1475.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-939-2999
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Road Maintenance, Street Lights, Security, Trash

Lot Info

  • Parcel #: 06-46-24-32-00000.0610
  • Zoning Description: RPD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4791.03
  • Tax Lot: 61
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2022
Closed on
Feb 15, 2023
Sold by
Jennifer A Merline Living Trust
Bought by
Banyan Assets Llc
Seller's Agent
Koba Kobakhidze
VIP Realty Group Inc
Buyer's Agent
Koba Kobakhidze
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
31
Current Estimated Value
$500,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,980
Avg. Annual Appreciation
1.89%
Original Mortgage
$500,500
Interest Rate
6.33%
Mortgage Type
Balloon

Purchase Details

Closed on
May 9, 2007
Sold by
Merline Jennifer A and Merline Paul D
Bought by
Merline Jennifer A and Jennifer A Merline Living Trust

Purchase Details

Closed on
Feb 24, 2006
Sold by
Centex Homes
Bought by
Merline Paul D and Merline Jennifer A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banyan Assets Llc $475,000 Security Title & Abstract
Merline Jennifer A -- None Available
Merline Paul D $543,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Banyan Assets Llc $500,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $475,000 +5.6% $185 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
12/11/2022 12/11/22 For Sale $450,000 -- $176 / 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 $2,171 $96,910 $96,900 $10
2024 $1,552 $138,689 $138,679 $10
2023 $1,552 $92,499 $92,489 $10
2022 $4,837 $362,282 $0 $0
2021 $4,791 $402,300 $81,000 $321,300
2020 $4,792 $346,874 $0 $0
2019 $4,723 $339,075 $0 $0
2018 $4,737 $332,753 $0 $0
2017 $4,732 $325,909 $0 $0
2016 $4,718 $410,062 $81,000 $329,062
2015 $4,795 $391,812 $81,000 $310,812
2014 $4,783 $340,001 $75,000 $265,001
2013 -- $325,096 $75,000 $250,096
Source: Public Records

Agents Affiliated with this Home

  • Koba Kobakhidze

    Seller's Agent in 2023

    Koba Kobakhidze

    VIP Realty Group Inc

    (239) 895-2112

    21 in this area

    78 Total Sales

    Koba Kobakhidze
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222086672

Florida Gulf Coast Multiple Listing Service

APN: 06-46-24-32-00000.0610

Florida Lee County Fort Myers 33908

16404 Coco Hammock Way, Fort Myers, FL

Not Listed for Sale

Detached

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