NOT LISTED FOR SALE

1878 Cascade Ct Marco Island, FL 34145

Estimated Value: $1,601,000 - $3,151,000

0.25 Acre
$9,615,680 Price per Acre
10,890 Sq Ft Lot

Last Sold August 02, 2021

Last sale price $2,275,000 $20,682 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,082/month

152 Days on Market

Highlights

  • Home fronts a seawall
  • Water access To Gulf or Ocean
  • No HOA
  • Tommie Barfield Elementary School Rated A
  • River View

About This Lot

As of August 2021

Magnificent water direct access lot. Enjoy the gorgeous panoramic Marco River views and build your custom dream home today. This is the perfect location for the boater enthusiast with easy access to the Gulf of Mexico. Great neighborhood. Start living in paradise today!

Last Agent to Sell the Property

Larry Caruso

Premier Sotheby's International Realty License #618700 Listed on: 02/27/2021

Premier Sotheby's International Realty

Last Buyer's Agent

Michelle Thomas

Premier Sotheby's International Realty License #688527

Premier Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,762

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110x100x110
  • Home fronts a seawall
  • River Front

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • River Views
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 12 / 55
  • Assessor Parcel Number 56795080004

Community Details

Overview

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 2 Subdivision

Recreation

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay

Property Details

Property Type

Land

Est. Annual Taxes

$12,762

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.25
  • Lot Size: 100x110x100x110
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 2
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 56795080004
  • Location Tax and Legal:Tax Annual Amount: 12762.0
  • Location Tax and Legal:Tax Year: 2020
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 55
  • Location Tax and Legal:Tax Lot: 12
  • General Property Information:Lot Size Dimensions: 100x110x100x110
  • General Property Information:Boat Lift: No
  • General Property Information:Acres: 0.25
  • Water Source:Public: Yes
  • General Property Information:Vehicle Restriction YN: No
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Cable Available3: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Line: Yes
  • Utilities:Trash Removal: Yes
  • View:Wide Water2: Yes
  • View:River2: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, County Lot, Mid Street Location
  • View: River, Wide Water
  • Waterfront Features: No Bridge, River Front, Seawall, Access Gulf
  • Waterfront: Yes
  • Lot Features:Mid Street Location: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Access Gulf: Yes
  • Lot Features:City Lot: Yes
  • Waterfront Features:No Bridge: Yes
  • Waterfront Features:River Front: Yes
  • Lot Features:County Lot: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 56795080004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12762.0
  • Tax Block: 55
  • Tax Book Number: 4138
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Allyson Richards Mary
Bought by
Mary Allyson Richards 2020 Irrevocable Trust
Current Estimated Value
$2,403,920

Purchase Details

Closed on
Dec 3, 2021
Sold by
Richards James F
Bought by
Richards Mary Allyson

Purchase Details

Listed on
Feb 27, 2021
Closed on
Jul 30, 2021
Sold by
Pinnacle Investments 1994 Lp
Bought by
Rjkt Investments Llc
Seller's Agent
Larry Caruso
Premier Sotheby's International Realty
Buyer's Agent
Michelle Thomas
Premier Sotheby's International Realty
List Price
$2,400,001
Sold Price
$2,275,000
Premium/Discount to List
-$125,001
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Keig William and Keig Arlene
Bought by
Pinnacle Investments 1994 Lp

Purchase Details

Closed on
Jun 6, 1996
Sold by
Drader Family Ltd Ptnr
Bought by
Keig William P and Keig Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mary Allyson Richards 2020 Irrevocable Trust -- Tenney Law Pllc
Richards Mary Allyson -- Attorney
Richards James F -- Attorney
Rjkt Investments Llc $2,275,000 Ross Title & Escrow
Pinnacle Investments 1994 Lp $1,900,000 Ross Title & Escrow Inc
Keig William P $390,000 --
C & R Shelby Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C & R Shelby Assoc $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $2,275,000 -5.2% $20,682 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,400,001 -- $21,818 / Sq Ft
Source: Marco Island Area Association of REALTORS®

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 $16,041 $1,760,000 $1,760,000 --
2024 $18,961 $1,757,800 $1,757,800 --
2023 $18,961 $1,808,950 $0 $0
2022 $16,675 $1,644,500 $1,644,500 $0
2021 $10,690 $987,984 $987,984 $0
2020 $12,762 $1,095,752 $0 $0
2019 $10,923 $996,138 $996,138 $0
2018 $12,411 $1,001,640 $0 $0
2017 $11,899 $910,582 $0 $0
2016 $11,575 $827,802 $0 $0
2015 $11,479 $752,547 $0 $0
2014 $11,210 $684,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2210321

APN: 56795080004