NOT LISTED FOR SALE

Estimated Value: $695,035 - $4,824,000

0.2 Acre
$11,261,295 Price per Acre
8,712 Sq Ft Lot

Last Sold January 20, 2021

Last sale price $490,000

Est. 365% increase in value since last sale

Current estimated payment $13,250/month

602 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Home fronts a canal
  • Paved or Partially Paved Lot
  • Tommie Barfield Elementary School Rated A
  • Door to Door Trash Pickup

About This Lot

As of January 2021

Great location!NO BRIDGES!!!Just a few lots remaining in Marco Island, especially with South Exposure and quick access to open WATER. This property has a newer SEAWALL that was added brand new in 2010. You can build a great new custom home or just hold as a great future investment. All the assessments are paid. Contact us for more information.

Last Agent to Sell the Property

Carla Masse

Sun Realty USA, Inc. License #BEAR-3125254 Listed on: 10/08/2018

Last Buyer's Agent

Carla Masse

Sun Realty USA, Inc. License #BEAR-3125254 Listed on: 10/08/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,604

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a canal
  • South Facing Home
  • Paved or Partially Paved Lot

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56804360000
  • Tax Block 67

Community Details

Overview

  • Marco Beach Condos
  • Marco Beach Community

Amenities

  • Door to Door Trash Pickup

Recreation

  • Water access To Gulf or Ocean
  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$4,604

Lot Details

0

Listing Details

  • Legal Description: MARCO BCH UNIT 2 BLK 67 LOT 16
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$25.938434$-81.698463$248.25$13.33$1.00$YlPEAM95aosJvJFTdcIZzg
  • Directions: 951 South to Marco Island to Left at first traffic light (Barfield Drive) to Left on Menorca Court. Lot is on the right adjacent to new construction
  • Property Information: Great location!NO BRIDGES!!!Just a few lots remaining in Marco Island, especially with South Exposure and quick access to open WATER. This property has a newer SEAWALL that was added brand new in 2010. You can build a great new custom home or just hold as a great future investment. All the assessments are paid. Contact us for more information.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 81-120
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access Yn: Yes
  • Waterfront Description: Canal
  • Irrigation: Assessment Paid
  • Road: Paved Road
  • View: Canal

Utilities

  • Utilities Available: Cable, Electric, Phone Line, Sewer, Trash Removal, Water
  • Sewer: Assessment Paid
  • Water: Central

Condo/Co-op/Association

  • Sub Condo Name: MARCO BEACH
  • Development Name: MARCO BEACH

Association/Amenities

  • Development: Marco Island
  • Community Type: Non-Gated

Lot Info

  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 110
  • Lot Right: 110
  • Lot Unit: 16
  • Price Per Acre: 2450000.00
  • Section: 16
  • Acres: 0.2000
  • Waterfront: Yes
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Number Of Parcels Lots: 1
  • Rear Exposure: S
  • Usage: Single Family
  • Parcel Number: 56804360000

Tax Info

  • Taxes: 4603.81
  • Tax Year: 2019
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Jan 26, 2021
Sold by
Elbrecht Investments Llc
Bought by
Welch Richard A and Welch Kristine R
Seller's Agent
Carla Masse
Sun Realty USA, Inc.
Buyer's Agent
Carla Masse
Sun Realty USA, Inc.
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%
Current Estimated Value
$2,278,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,788,596
Avg. Annual Appreciation
42.06%
Original Mortgage
$245,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Perry Timothy and Perry Jennifer
Bought by
Elbrecht Investments Llc

Purchase Details

Closed on
Jan 29, 2010
Sold by
Fifth Third Bank
Bought by
Perry Timothy and Perry Jennifer

Purchase Details

Closed on
Sep 29, 2009
Sold by
Marco Island Llc
Bought by
Fifth Third Bank

Purchase Details

Closed on
Dec 17, 2004
Sold by
Koukoulas James and Koukoulas Rosemary
Bought by
Marco Island Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2004
Sold by
Coburn Thomas R and Coburn Jacqueline M
Bought by
Koukoulas James and Koukoulas Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Hoenig Linda E
Bought by
Coburn Thomas R and Coburn Jacqueline M

Purchase Details

Closed on
Sep 14, 1999
Sold by
Morris J William
Bought by
Hoenig Linda E

Purchase Details

Closed on
Jan 28, 1999
Sold by
Rajoppi Donald J
Bought by
Morris J William
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
Welch Richard A $490,000 None Listed On Document
Elbrecht Investments Llc $252,000 Attorney
Perry Timothy $203,000 Attorney
Fifth Third Bank $523,525 Stewart Title Guaranty Compa
Marco Island Llc $1,050,000 Island Title Guaranty Agency
Koukoulas James $650,000 --
Coburn Thomas R $356,300 --
Hoenig Linda E $129,600 --
Morris J William $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Menorca 1813 Llc $2,600,000
Closed Welch Richard A $245,000
Previous Owner Marco Island Llc $646,000
Previous Owner Koukoulas James $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $490,000 -5.8% --
06/01/2020 06/01/20 Pending -- -- --
04/13/2020 04/13/20 Price Changed $520,000 +6.1% --
10/02/2019 10/02/19 Price Changed $490,000 -10.7% --
10/08/2018 10/08/18 For Sale $549,000 -- --
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
2023 $7,985 $750,200 $0 $0
2022 $6,915 $682,000 $682,000 $0
2021 $4,038 $373,193 $373,193 $0
2020 $4,167 $387,200 $387,200 $0
2019 $4,604 $411,569 $0 $0
2018 $4,374 $374,154 $0 $0
2017 $3,839 $340,140 $0 $0
2016 $3,593 $309,218 $0 $0
2015 $3,398 $281,107 $0 $0
2014 $3,144 $255,552 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 218066314

Multiple Listing Service of Bonita Springs-Estero

APN: 56804360000