NOT LISTED FOR SALE

1716 Park Meadows Dr Unit 3 Fort Myers, FL 33907

Estimated Value: $164,229 - $188,000

2 Beds
2 Baths
1,260 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $99,000 $79 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,142/month

33 Days on Market

Highlights

  • Community Pool
  • Courtyard
  • Zero Lot Line
  • Fort Myers High School Rated A
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2016

2 Bedroom, 2 Bath in Parkwoods. Easy access to all Ft. Myers has to offer.Great Investor Oppportunity, Excellent Rental History.

Last Agent to Sell the Property

Richard Woodhull

Re/Max Palm Realty License #274501481 Listed on: 06/21/2016

Re/Max Palm Realty

Last Buyer's Agent

Crystal Pollock

Gulf Coast Living Real Estate, Inc License #258018551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1979

Lot Details

  • 871 Sq Ft Lot
  • Zero Lot Line

Home Design

  • Quadruplex
  • Built-Up Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 3 / 1716
  • Assessor Parcel Number 14-45-24-02-01716.0030

Community Details

Overview

  • Parkwoods Townhouse Community Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $3,913
  • Net Operating Income $5,687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,013

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.02
  • Subdivision Name: PARKWOODS TOWNHOUSE COMMUNITY
  • Directions: From Hwy 41 turn west on Park Meadow, turn left into first set of townhomes just past the tennis courts, building #1716 unit #3
  • Structure Type: Quadruplex
  • Year Built: 1979
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Vinyl Siding
  • Exterior Features: Courtyard
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Pool
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 14-45-24-02-01716.0030
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Property Net Operating Income: 5687.0
  • Annual Operating Expense: 3913.0

Tax Info

  • Tax Annual Amount: 1013.0
  • Tax Block: 1716
  • Tax Lot: 3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 24, 2016
Sold by
Kj Holdings Llc
Bought by
Perron Paradise Llc
Seller's Agent
Richard Woodhull
Re/Max Palm Realty
Buyer's Agent
Crystal Pollock
Gulf Coast Living Real Estate, Inc
List Price
$135,000
Sold Price
$99,000
Premium/Discount to List
-$36,000
-26.67%
Current Estimated Value
$178,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,557
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Jan 14, 2004
Sold by
Polgar Suzanna
Bought by
Lim Johnson and Lim Leng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.03%

Purchase Details

Closed on
Oct 23, 2002
Sold by
Barbetta Laura J
Bought by
Polgar Suzanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.01%

Purchase Details

Closed on
Nov 21, 2001
Sold by
Barbetta Frank V and Barbetta Laura J
Bought by
Barbetta Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Barbetta Frank V
Bought by
Barbetta Laura J and Lazzara Laura J

Purchase Details

Closed on
Aug 12, 1996
Sold by
Fellows Linda G and Fellows Jeffrey D
Bought by
Barbetta Frank V and Lazzara Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.12%
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
Perron Paradise Llc $99,000 Aaccurate Title Svcs Of Sw F
Lim Johnson $95,000 --
Polgar Suzanna $88,000 --
Barbetta Laura J -- --
Barbetta Laura J $24,500 --
Barbetta Frank V $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim Johnson $85,500
Previous Owner Polgar Suzanna $48,000
Previous Owner Barbetta Laura J $51,000
Previous Owner Barbetta Frank V $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $99,000 -26.7% $79 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $135,000 -- $107 / 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 $2,034 $144,243 -- --
2023 $2,034 $131,130 $0 $0
2022 $1,788 $119,209 $0 $0
2021 $1,566 $110,382 $11,239 $99,143
2020 $1,453 $98,520 $10,500 $88,020
2019 $1,405 $94,479 $10,500 $83,979
2018 $1,433 $95,284 $10,500 $84,784
2017 $1,333 $85,594 $9,000 $76,594
2016 $1,165 $79,380 $9,606 $69,774
2015 $1,013 $62,196 $8,960 $53,236
2014 -- $52,904 $6,900 $46,004
2013 -- $42,102 $5,296 $36,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216041240

Florida Gulf Coast Multiple Listing Service

APN: 14-45-24-02-01716.0030