NOT LISTED FOR SALE

2574 Bayshore Dr Matlacha, FL 33993

Estimated Value: $391,000 - $590,000

2 Beds
2 Baths
1,268 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $630,000 $497 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,874/month

264 Days on Market

Highlights

  • Boat Ramp
  • Saltwater Pool
  • Canal Access
  • Cape Coral High School Rated A-
  • Waterfront
  • Canal View

About This Home

As of October 2023

This luxurious Matlacha Home sits just 4 homes away from the open waters of Matlacha Pass. Featuring a brand new pool built by Artesian Pools, the backyard is its own waterfront haven complete with a screened in pool cage with plenty of room for entertaining. The double French doors lead into the living space with an oversized and completely updated kitchen with all brand new appliances. The Kitchen offers a breakfast bar / island increasing the already expansive counter space. Beautiful shiplap throughout the home gives it the perfect nautical feel. Home has been completely remediated from Ian damage and only needs a few finishing touches to be complete. Home has bonus space with an additional bathroom in laundry. Enjoy boating to local restaurants or get to the gulf with direct access! Close to shopping, restaurant and the heart of “New Matlacha!” All pictures are post Ian. Great home or rental! Den could potentially be made into a studio apartment or mother in law suite. Come check out this spectacular home and start living your best island life today! Bring your offer!

Last Agent to Sell the Property

Stephen Longest

Coldwell Banker Realty License #258027486 Listed on: 02/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Dave Gornall

Palm Paradise Realty Group License #222503013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 1970

Lot Details

  • 3,659 Sq Ft Lot
  • Lot Dimensions are 50 x 74 x 50 x 74
  • Waterfront
  • Southeast Facing Home
  • Rectangular Lot
  • Property is zoned TFC2

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Open Floorplan
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Saltwater Pool
  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 24-44-22-09-00000.1390

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV, pest control, street lights, trash
  • Island Harbors Subdivision

Recreation

  • Boat Ramp
  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.084
  • Lot Size: 50 x 74 x 50 x 74
  • Ownership: Single Family
  • Subdivision Name: ISLAND HARBORS
  • Directions: Pine Island Rd West to Island Ave. Island Ave to Bayshore. Home is on the left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1970
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Living/Dining Room, Main Level Master, Shower Only, Separate Shower, High Speed Internet
  • Living Area: 1268.0
  • Stories: 1
  • Window Features: Casement Window(s), Other, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Electric Heat, Heated, Salt Water
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, See Remarks, Stucco, Vinyl Siding, Wood Frame
  • Direction Faces: Southeast
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Boat Ramp, See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Pest Control, Street Lights, See Remarks, Trash

Lot Info

  • Parcel #: 24-44-22-09-00000.1390
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3439.91
  • Tax Lot: 139
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Oct 25, 2023
Sold by
Simmons Gary Randall and Bogaert Kathleen Elizabeth
Bought by
Hutchins Richard J and Hutchins Trina Marie
Seller's Agent
Stephen Longest
Coldwell Banker Realty
Buyer's Agent
Dave Gornall
Palm Paradise Realty Group
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%
Views
229
Current Estimated Value
$497,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$132,399
Avg. Annual Appreciation
-11.73%
Original Mortgage
$472,500
Outstanding Balance
$464,163
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$33,438

Purchase Details

Closed on
Aug 18, 2023
Sold by
Simmons Gary Randall
Bought by
Simmons Gary Randall

Purchase Details

Listed on
Jun 2, 2019
Closed on
Mar 31, 2020
Sold by
Contractor Services Inc
Bought by
Simmons Gary Randall and Simmons Kathleen Elizabeth
Seller's Agent
Mona Blount
Heritage Real Estate Assoc.
Buyer's Agent
Mona Blount
Heritage Real Estate Assoc.
List Price
$338,000
Sold Price
$320,000
Premium/Discount to List
-$18,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Feb 26, 2014
Sold by
Fannie Mae
Bought by
Contractor Services Inc

Purchase Details

Closed on
Jun 7, 2013
Sold by
Mccullough Barbara
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 9, 1996
Sold by
Stottlemyer David E and Stottlemyer Mary B
Bought by
Spring Daniel G and Spring Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.99%

Purchase Details

Closed on
Jul 15, 1994
Sold by
Deschepper Vernon L
Bought by
Stottlemyer David E and Stottlemyer Mary B
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
Hutchins Richard J $630,000 None Listed On Document
Simmons Gary Randall $100 None Listed On Document
Simmons Gary Randall $320,000 Florida Hometown T&E Llc
Contractor Services Inc $198,500 Reo Title Co Of Florida Llc
Federal National Mortgage Association -- Attorney
Spring Daniel G $87,000 --
Stottlemyer David E $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchins Richard J $472,500
Previous Owner Spring Daniel G $100,000
Previous Owner Spring Daniel G $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $630,000 -4.4% $497 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
08/28/2023 08/28/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $659,000 0.0% $520 / Sq Ft
07/24/2023 07/24/23 For Sale $659,000 +1.4% $520 / Sq Ft
07/13/2023 07/13/23 Price Changed $650,000 -4.1% $513 / Sq Ft
06/21/2023 06/21/23 Price Changed $678,000 -0.3% $535 / Sq Ft
05/14/2023 05/14/23 Price Changed $680,000 -2.9% $536 / Sq Ft
04/23/2023 04/23/23 Price Changed $700,000 0.0% $552 / Sq Ft
04/23/2023 04/23/23 For Sale $700,000 +11.1% $552 / Sq Ft
04/20/2023 04/20/23 Off Market $630,000 -- --
04/14/2023 04/14/23 Price Changed $698,000 -6.8% $550 / Sq Ft
03/04/2023 03/04/23 Price Changed $749,000 -3.4% $591 / Sq Ft
02/24/2023 02/24/23 Price Changed $775,000 -1.9% $611 / Sq Ft
02/18/2023 02/18/23 Price Changed $790,000 -1.3% $623 / Sq Ft
02/02/2023 02/02/23 For Sale $800,000 +150.0% $631 / Sq Ft
04/21/2020 04/21/20 Sold $320,000 -5.3% $239 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
06/02/2019 06/02/19 For Sale $338,000 0.0% $252 / Sq Ft
11/21/2017 11/21/17 Rented -- -- --
10/22/2017 10/22/17 Under Contract -- -- --
09/26/2016 09/26/16 For Rent -- -- --
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 $2,674 $376,502 $209,877 $115,879
2023 $2,674 $199,406 $199,396 $10
2022 $4,166 $293,022 $0 $0
2021 $3,440 $265,652 $162,107 $103,545
2020 $4,438 $267,278 $146,490 $120,788
2019 $4,394 $260,016 $152,570 $107,446
2018 $4,327 $256,784 $110,580 $146,204
2017 $4,005 $227,707 $110,580 $117,127
2016 $3,697 $204,885 $119,501 $85,384
2015 $3,461 $195,302 $118,543 $76,759
2014 -- $180,395 $108,500 $71,895
2013 -- $155,399 $108,273 $47,126
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223008804

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-09-00000.1390