NOT LISTED FOR SALE

197 Madison Ct Fort Myers Beach, FL 33931

Estimated Value: $555,000 - $582,528

2 Beds
2 Baths
1,008 Sq Ft
$567/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $585,000 $580 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,516/month

52 Days on Market

Highlights

  • Community Beach Access
  • Wood Flooring
  • Screened Porch
  • Fort Myers Beach Elementary School Rated A-
  • No HOA
  • Bike Room

About This Home

As of August 2024

Old Florida Charm.... Located mid-island! Your Enchanting Island Cottage is just steps away from the White Sandy Beaches & Blue Green Waters of the Gulf of Mexico! Walk north to our island's Historic area known as Times Square, listen to the sounds of island music at the Margaritaville Resort or south to Publix, Snook Bight Marina & Fresh Catch Restaurant, just to name a few. You are in the heart of it all! Take a late afternoon stroll on the beach, watching the Sunset Colors light the evening sky. You can maximize your rental potential here with a 7 night min. stay allowed. Your Tropical Island Home... You have found your Perfect 'Peace' of Paradise.

Last Agent to Sell the Property

Diane Lacorte Pa

Loffreno Real Estate, Inc. License #251500423 Listed on: 06/27/2024

Last Buyer's Agent

Jorge Barrera

Premiere Plus Realty Company License #477002104

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1992

Lot Details

  • 3,833 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Property is zoned TFC2

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Screened Patio
  • Outdoor Storage

Schools

  • Fort Myers Beach Elementary School
  • School Choice Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / A
  • Assessor Parcel Number 29-46-24-W1-0020A.0050

Community Details

Overview

  • No Home Owners Association
  • Eucalyptus Park Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,447

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.088
  • Ownership: Single Family
  • Subdivision Name: EUCALYPTUS PARK
  • Directions: Estero Blvd to Madison Ct. Home is on the left side of street.
  • Architectural Style: Other, Two Story
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1992
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other, Wood
  • Interior Amenities: Breakfast Bar, Family/Dining Room, Living/Dining Room, Shower Only, Separate Shower, Cable TV
  • Living Area: 1008.0
  • Dining Room Type: Screened Porch
  • Stories: 1
  • Window Features: Other
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other, Wood Siding, Wood Frame
  • Direction Faces: South
  • Exterior Features: None, Patio, Storage
  • Patio And Porch Features: Lanai, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal, Shingle

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access, Bike Storage, See Remarks, Storage
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: FORT MYERS BEACH ELEMENTARY
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 29-46-24-W1-0020A.0050
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3447.26
  • Tax Block: A
  • Tax Lot: 5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 15, 2024
Sold by
Coronis Dawn
Bought by
Virts Dennis Michael and Virts Lady Katherine
Seller's Agent
Diane Lacorte Pa
Loffreno Real Estate, Inc.
Buyer's Agent
Jorge Barrera
Premiere Plus Realty Company
List Price
$644,500
Sold Price
$585,000
Premium/Discount to List
-$59,500
-9.23%
Views
4
Current Estimated Value
$571,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,868
Avg. Annual Appreciation
-2.35%
Original Mortgage
$555,750
Outstanding Balance
$550,480
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$20,652

Purchase Details

Closed on
Dec 17, 2022
Sold by
Coronis Dawn and Coronis John D
Bought by
Coronis Dawn and Ariniello John D

Purchase Details

Closed on
Sep 26, 2003
Sold by
Keeton Fred E and Keeton Virginia A
Bought by
Coronis Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.28%
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
Virts Dennis Michael $585,000 Access Title
Coronis Dawn $100 --
Coronis Anna E $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virts Dennis Michael $555,750
Previous Owner Coronis Anna $46,000
Previous Owner Coronis Anna E $254,500
Previous Owner Coronis Anna E $275,000
Previous Owner Coronis Anna E $264,000
Previous Owner Coronis Anna E $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $585,000 -7.7% $580 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $634,000 -1.6% $629 / Sq Ft
06/27/2024 06/27/24 For Sale $644,500 -- $639 / 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 $4,848 $378,021 $267,941 $10
2023 $3,447 $267,951 $267,941 $10
2022 $4,850 $356,321 $0 $0
2021 $4,812 $396,322 $120,392 $275,930
2020 $4,848 $341,167 $0 $0
2019 $4,756 $333,497 $100,000 $233,497
2018 $4,619 $328,659 $100,000 $228,659
2017 $4,755 $331,883 $84,000 $247,883
2016 $1,928 $326,461 $85,436 $241,025
2015 $1,936 $280,499 $85,144 $195,355
2014 -- $241,799 $84,916 $156,883
2013 -- $230,490 $125,029 $105,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224054944

Florida Gulf Coast Multiple Listing Service

APN: 29-46-24-W1-0020A.0050