NOT LISTED FOR SALE

18060 Otter Water Way Alva, FL 33920

Estimated Value: $1,463,000 - $2,810,774

3 Beds
2 Baths
3,914 Sq Ft
$546/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $820,000 $210 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $12,012/month

Highlights

  • Home fronts a seawall
  • In Ground Pool
  • 10.07 Acre Lot
  • Barn
  • River View
  • Deck

About This Home

As of March 2020

10 ACRES OR RIVERFRONT. 3/2 HOME ON THE RIVER WITH SMALL POOL AND BOATLIFT. ANOTHER DETACHED GARAGE WITH UNFINISHED ROOM ABOVE. ALSO A NEW STEEL BUILDING. THE PASTURE IS FENCED.

Last Agent to Sell the Property

Lawrence Larry Ronco

RE/MAX Gulf Coast Living License #258000641 Listed on: 03/12/2020

RE/MAX Gulf Coast Living

Last Buyer's Agent

Lawrence Ronco

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1980

Lot Details

  • 10.07 Acre Lot
  • Home fronts a seawall
  • River Front
  • Property fronts a private road
  • Northeast Facing Home
  • Fenced
  • Oversized Lot
  • Property is zoned AG-2

Parking

  • 6 Car Detached Garage
  • 1 Detached Carport Space
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,914 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Fireplace
  • Single Hung Windows
  • Combination Dining and Living Room
  • Workshop
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Porch

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Well
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association
  • Alva Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 12
  • Assessor Parcel Number 15-43-26-00-00012.0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,550

Year Built

Built in 1980

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.07
  • Road Frontage Type: Private Road
  • Ownership: Single Family
  • Subdivision Name: ALVA
  • Architectural Style: Florida, Other, Ranch, One Story
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1980
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Ice Maker, Refrigerator, Water Purifier
  • Other Equipment: Generator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Bathtub, Dual Sinks, Fireplace, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s), Workshop
  • Living Area: 3914.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, See Remarks
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Deck, Fence
  • Other Structures: Barn(s), Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 7.0
  • Garage Spaces: 6.0
  • Parking Features: Detached, Garage, Detached Carport, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Phone: 000-000-0000
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 15-43-26-00-00012.0060
  • Zoning Description: AG-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4550.0
  • Tax Block: 12
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Feb 28, 2020
Sold by
Mikita John and Mikita Nancy
Bought by
Morrison Bruce L and Billings Morrison Drborah
Seller's Agent
Lawrence Larry Ronco
RE/MAX Gulf Coast Living
Buyer's Agent
Lawrence Ronco
List Price
$820,000
Sold Price
$820,000
Current Estimated Value
$2,136,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,887
Avg. Annual Appreciation
18.51%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Tacker Rita B
Bought by
Brookman Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

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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
Morrison Bruce L $820,000 Team Title Ins Agcy Inc
Brookman Steven P $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brookman Steven P $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $820,000 0.0% $210 / Sq Ft
03/12/2020 03/12/20 For Sale $820,000 -- $210 / 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 $9,663 $720,155 -- --
2024 $9,475 $678,075 -- --
2023 $9,475 $658,325 $0 $0
2022 $9,459 $639,150 $0 $0
2021 $9,407 $620,534 $413,417 $207,117
2020 $5,027 $346,575 $123,551 $223,024
2019 $4,550 $313,534 $93,558 $219,976
2018 $4,581 $310,333 $93,741 $216,592
2017 $7,873 $511,157 $209,925 $301,232
2016 $5,747 $342,613 $213,948 $128,665
2015 $6,014 $372,801 $214,776 $158,025
2014 $5,250 $302,898 $208,555 $94,343
2013 -- $338,089 $200,791 $137,298
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Larry Ronco

    Seller's Agent in 2020

    Lawrence Larry Ronco

    RE/MAX

    (239) 229-6333

    42 in this area

    113 Total Sales

    Lawrence Larry Ronco
    Section Image

  • L

    Buyer's Agent in 2020

    Lawrence Ronco

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220017411

Florida Gulf Coast Multiple Listing Service

APN: 15-43-26-00-00012.0060

Florida Lee County Alva 33920

18060 Otter Water Way, Alva, FL

This home is located at 18060 Otter Water Way, Alva, FL 33920 since 12 March 2020 and is currently estimated at $2,136,887, approximately $545 per square foot. This property was built in 1980. 18060 Otter Water Way is a home located in Lee County with nearby schools including The Alva School, Orange River Elementary School, and Bayshore Elementary School.

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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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