NOT LISTED FOR SALE

16665 Waters Edge Ct Unit 101 Fort Myers, FL 33908

The Forest Neighborhood

Estimated Value: $286,449 - $336,000

2 Beds
2 Baths
1,693 Sq Ft
$933/mo HOA Fee

Last Sold February 10, 2023

Last sale price $280,000 $165 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,670/month

25 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Guard
  • Carriage House
  • Fort Myers High School Rated A
  • Lake View
  • Private Membership Available

About This Home

As of February 2023

Perfect opportunity to make this convenient, first-floor unit your own! Located in Waters Edge at The Forest, this property has obtained hurricane damage, remediation has been completed and to be restored by HOA to code. Unit is now gutted and in process of restoring. Unit has beautiful views of large lake and golf course beyond. The Forest is an established community with one of the finest golf courses offering 36 holes of championship golf, 8+ miles of sidewalks and over 25 lakes with beautiful mature landscape. Country Club membership, social or golf, is optional. Location is only a short ride to the RSW airport, Hertz Arena, FGCU, two beautiful outdoor shopping malls, white sandy beaches and 20 minutes to Sanibel!

Last Agent to Sell the Property

Michael Burke

Realty One Group MVP License #BEAR-3125456 Listed on: 12/27/2022

Realty One Group MVP

Co-Listed By

Hunter Habib

Realty One Group MVP License #BEAR-3288680

Last Buyer's Agent

Denise Korpi

Premiere Plus Realty Company License #FORT-258033160

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1985

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Deeded Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Carriage House
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Sliding Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-46-24-13-0000E.1010
  • Tax Block E

Community Details

Overview

  • 8 Units
  • Private Membership Available
  • Low-Rise Condominium
  • Waters Edge At The Forest Condos
  • The Forest Community

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,124

Year Built

Built in 1985

Lot Details

0

HOA Fees

$933 per month

Parking

1

Listing Details

  • Legal Description: WATERS EDGE CONDO PH-II BLDG E OR 1725 PG 1848 UNIT 101
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1985
  • Property Information: Perfect opportunity to make this convenient, first-floor unit your own! Located in Waters Edge at The Forest, this property has obtained hurricane damage, remediation has been completed and to be restored by HOA to code. Unit is now gutted and in process of restoring. Unit has beautiful views of large lake and golf course beyond. The Forest is an established community with one of the finest golf courses offering 36 holes of championship golf, 8+ miles of sidewalks and over 25 lakes with beautiful mature landscape. Country Club membership, social or golf, is optional. Location is only a short ride to the RSW airport, Hertz Arena, FGCU, two beautiful outdoor shopping malls, white sandy beaches and 20 minutes to Sanibel!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 165.39
  • Total Floors: 1
  • Additional Rooms: Other
  • Estimated Living Area: 1693
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Floor Plan: Other
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Golf Course, Lake
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239 277-0112
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial
  • Sub Condo Name: WATERS EDGE AT THE FOREST
  • Condo Fees: 2800
  • Condo Fee Frequency: Quarterly
  • Maintenance: Lawn/Land Maintenance, Legal/Accounting, Manager, Repairs, Reserve, Sewer, Street Lights, Street Maintenance, Water
  • Development Name: THE FOREST

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Weight: 20
  • Development: The Forest
  • Amenities: Bocce Court, Clubhouse, Community Pool, Golf Course, Pickleball, Play Area, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 8

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 101
  • Section: 1
  • Total Area: 1693
  • Waterfront: No
  • Acres: 0.0906
  • Rear Exposure: East
  • Lot Description: Regular
  • Parcel Number: 01-46-24-13-0000E.1010

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 6
  • Min Days Of Lease: 60

Tax Info

  • Tax Description: County Only
  • Taxes: 2123.55
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Feb 10, 2023
Sold by
Spilka Kathleen
Bought by
Dipierdomenico Pasqualino and Dipierdomenico Anita
Seller's Agent
Michael Burke
Realty One Group MVP
Buyer's Agent
Denise Korpi
Premiere Plus Realty Company
List Price
$30,000
Sold Price
$280,000
Premium/Discount to List
$250,000
833.33%
Views
26
Current Estimated Value
$309,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,112
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Nov 1, 2005
Sold by
Cote David A and Damico Marie
Bought by
Spilka Louis R and Spilka Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2005
Sold by
Schwartz Michelle A
Bought by
Cote David A and Damico Marie
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
Dipierdomenico Pasqualino $280,000 Trinity Title
Spilka Louis R $350,000 None Available
Cote David A $265,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spilka Louis R $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $280,000 -6.7% $165 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/27/2022 12/27/22 Price Changed $300,000 +900.0% $177 / Sq Ft
12/27/2022 12/27/22 For Sale $30,000 -- $18 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $295 $306,388 -- $306,388
2023 $295 $18,510 $0 $18,510
2022 $2,183 $165,848 $0 $0
2021 $2,124 $211,629 $0 $211,629
2020 $2,139 $158,794 $0 $0
2019 $2,089 $155,224 $0 $0
2018 $2,096 $152,330 $0 $0
2017 $2,088 $149,197 $0 $0
2016 $2,070 $201,948 $0 $201,948
2015 $2,100 $208,200 $0 $208,200
2014 -- $167,500 $0 $167,500
2013 -- $143,300 $0 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 222089130

Multiple Listing Service of Bonita Springs-Estero

APN: 01-46-24-13-0000E.1010