NOT LISTED FOR SALE

2589 2nd St Matlacha, FL 33993

Estimated Value: $469,000 - $667,000

2 Beds
2 Baths
1,140 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $569,000 $499 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,165/month

18 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Coral High School Rated A-
  • Concrete Pool
  • Canal View

About This Home

As of February 2021

Luxury Island Living in Matlacha! Nestled in the heart of the historic fishing village of Matlacha, this 2bd/2ba home comes furnished and has been completely remodeled and updated inside and out. This island gem has something for everyone, located within walking distance to restaurants, art galleries and live entertainment. Location also features quick access to world class fishing, pristine beaches and plentiful native wildlife. The interior of this home is stunning, featuring wood ceilings, fireplace, exotic Brazilian granite, impact resistant windows and doors. The garage has also been finished for extra living space or a man cave! This home is energy efficient featuring zero scape landscaping and an Enphase IQ series 17 panel solar system. Electric bills average 62.00 a month! The outdoor living space is equally as incredible featuring a heated saltwater pool and spa, screened and covered lanai, composite dock, kayak dock and an 8k covered boatlift. This home is turnkey! Come see today and start living the island life!

Last Agent to Sell the Property

Katie Fischer

Century 21 Sunbelt Realty License #258017994 Listed on: 01/08/2021

Century 21 Sunbelt Realty

Last Buyer's Agent

Wendell Stuckey

Buy Coastal Real Estate License #258006660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1950

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 49 x 69 x 49 x 70
  • Home fronts a seawall
  • North Facing Home
  • Fenced
  • Rectangular Lot
  • Property is zoned RM-2

Parking

  • 1 Car Attached Garage

Home Design

  • Built-Up Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Home Office
  • Tile Flooring
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 17 / 4
  • Assessor Parcel Number 24-44-22-03-00004.0170

Community Details

Overview

  • No Home Owners Association
  • Matlacha Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,009

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 49 x 69 x 49 x 70
  • Ownership: Single Family
  • Subdivision Name: MATLACHA
  • Directions: West on Pine Island RD - Left on Matlacha Ave - Right on Second Home is on left
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Efficiency: Solar Screens
  • Building Stories: 1
  • Year Built: 1950
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gunite, In Ground
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Fireplace, High Speed Internet, Shower Only, Separate Shower, Home Office, Split Bedrooms
  • Living Area: 1140.0
  • Stories: 1
  • Window Features: Double Hung, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Fence, Security/High Impact Doors, Patio
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Two Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 24-44-22-03-00004.0170
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4009.0
  • Tax Block: 4
  • Tax Lot: 17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 26, 2021
Sold by
Underwood Ronald and Ronald Lee Underwood Living Tr
Bought by
Vida Jay A
Seller's Agent
Katie Fischer
Century 21 Sunbelt Realty
Buyer's Agent
Wendell Stuckey
Buy Coastal Real Estate
List Price
$569,000
Sold Price
$569,000
Current Estimated Value
$643,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,138
Avg. Annual Appreciation
0.25%
Original Mortgage
$455,200
Outstanding Balance
$339,715
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$235,627

Purchase Details

Closed on
Feb 21, 2018
Sold by
Underwood Ronald Lee and Chen Liping
Bought by
Underwood Ronalsd and Ronald Lee Nderwood Living Trust

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jan 20, 2017
Sold by
Simmons Gary R and Simmons Kathleen Elizabeth
Bought by
Underwood Ronald Lee and Chen Li Ping
Seller's Agent
Shawn Poole
SNAP REALTY LLC
Buyer's Agent
Shawn Poole
SNAP REALTY LLC
List Price
$519,000
Sold Price
$470,000
Premium/Discount to List
-$49,000
-9.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.38%
Original Mortgage
$293,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2013
Sold by
Simmons Gary and Simmons Janet
Bought by
Simmons Gary R

Purchase Details

Closed on
Feb 11, 2009
Sold by
Suntrust Bank
Bought by
Simmons Gary and Simmons Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2008
Sold by
Castleberry Joe S
Bought by
Suntrust Bank

Purchase Details

Closed on
Feb 28, 2003
Sold by
Heyniger Earl H and Heyniger Joan M
Bought by
Castleberry Joe S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Heyniger Earl H and Heyniger Joan M
Bought by
Heyniger Earl H and Heyniger Joan M
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
Vida Jay A $569,000 Accurate Complete Title Inc
Underwood Ronalsd -- Attorney
Underwood Ronald Lee $470,000 Total Title Solutions
Simmons Gary R -- Attorney
Simmons Gary $175,000 Attorney
Suntrust Bank -- None Available
Castleberry Joe S $262,000 --
Heyniger Earl H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vida Jay A $455,200
Closed Underwood Ronald Lee $110,000
Previous Owner Simmons Kathleen Elizabeth $293,000
Previous Owner Simmons Gary $125,000
Previous Owner Castleberry Joe S $67,000
Previous Owner Castleberry Joe S $349,000
Previous Owner Castleberry Joe S $50,000
Previous Owner Castleberry Joe S $318,400
Previous Owner Castleberry Joe S $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $569,000 0.0% $499 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $569,000 +21.1% $499 / Sq Ft
05/02/2017 05/02/17 Off Market $470,000 -- --
02/01/2017 02/01/17 Sold $470,000 -9.4% $412 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $519,000 -- $455 / 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 $8,250 $393,821 $175,958 $150,709
2023 $8,250 $495,344 $0 $0
2022 $6,860 $450,313 $171,738 $278,575
2021 $4,039 $309,810 $136,060 $173,750
2020 $4,009 $267,957 $0 $0
2019 $3,982 $261,933 $0 $0
2018 $3,969 $257,049 $0 $0
2017 $4,713 $268,892 $97,750 $171,142
2016 $3,933 $268,459 $133,707 $134,752
2015 $3,801 $253,394 $132,005 $121,389
2014 $3,783 $242,992 $130,792 $112,200
2013 -- $201,009 $118,249 $82,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221001704

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-03-00004.0170