NOT LISTED FOR SALE

2598 3rd St Matlacha, FL 33993

Estimated Value: $416,000 - $947,000

2 Beds
1.5 Baths
904 Sq Ft
$632/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $270,000 $299 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,376/month

213 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Coral High School Rated A-
  • Bay View
  • Fruit Trees

About This Home

As of May 2019

Quaint Old Florida Cottage right in the heart of Matlacha! This charming 1950's cottage is located within walking distance to art galleries, restaurants, boutiques and entertainment. The cottage features lush, mature landscaping complete with Zoysia grass, lime tree and a mango tree. The over sized dock complete with a covered 10,000 lb boat lift is the perfect place to enjoy Matlacha's incredible sunsets and wildlife. The location of this cottage is a boating and sportsman's dream, surrounded by world class fishing and beaches. The interior of this cottage includes updated baths and an updated kitchen with gorgeous granite counters. Cottage would make the perfect weekend getaway come check it out today!

Last Agent to Sell the Property

Katie Fischer

Century 21 Sunbelt Realty License #258017994 Listed on: 09/15/2018

Century 21 Sunbelt Realty

Last Buyer's Agent

Katie Fischer

Century 21 Sunbelt Realty License #258017994 Listed on: 09/15/2018

Century 21 Sunbelt Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1953

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 51 x 101 x 51 x 101
  • Home fronts a seawall
  • Home fronts navigable water
  • Southeast Facing Home
  • Rectangular Lot
  • Fruit Trees
  • Property is zoned RS-1

Property Views

  • Bay
  • Canal

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property
  • Awning
  • Tile Flooring
  • Washer

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 9 / 5A
  • Assessor Parcel Number 24-44-22-04-0005A.0090

Community Details

Overview

  • No Home Owners Association
  • Matlacha Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,620

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: 51 x 101 x 51 x 101
  • Ownership: Single Family
  • Subdivision Name: MATLACHA
  • Directions: West pine island rd - right on Matlacha Ave-left on Third home is on right
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1953
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, High Speed Internet, None
  • Living Area: 904.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Bay, Canal, Partial
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Fruit Trees, Room For Pool, Awning(s)
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Cooling: Central Air, 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 #: 24-44-22-04-0005A.0090
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3620.0
  • Tax Block: 5A
  • Tax Lot: 9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Academy Home Kitchen & Bath Inc
Bought by
Dantona Richard
Total Days on Market
213
Current Estimated Value
$571,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Outstanding Balance
$622,699
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$127,699

Purchase Details

Closed on
Apr 14, 2023
Sold by
Academy Home Developments Inc
Bought by
Academy Home Kitchen & Bath Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,359
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2023
Sold by
Reck Stephen M and Reck Stacy D
Bought by
Academy Home Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,359
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 15, 2018
Closed on
May 17, 2019
Sold by
Cameron William F and Cameron Karen G
Bought by
Reck Stephen M and Reck Stacy D
Seller's Agent
Katie Fischer
Century 21 Sunbelt Realty
Buyer's Agent
Katie Fischer
Century 21 Sunbelt Realty
List Price
$339,000
Sold Price
$270,000
Premium/Discount to List
-$69,000
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Broderick Kathleen P and Browne Frederick H
Bought by
Cameron William F and Cameron Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2009
Sold by
Mustafa Fatima
Bought by
Broderick Kathleen P and Browne Frederick H

Purchase Details

Closed on
Jun 30, 2004
Sold by
Rader Robert D and Rader Marylou
Bought by
Mustafa Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2000
Sold by
Rader Robert D and Rader Marylou
Bought by
Rader Family Rev Tr
Source: Public Records

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Range of Values:

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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
Dantona Richard $100 None Listed On Document
Academy Home Kitchen & Bath Inc $100 Winged Foot Title
Academy Home Developments Inc $440,000 Winged Foot Title
Reck Stephen M $270,000 Accurate Complete Title Inc
Cameron William F $220,000 American Title Insurance Co
Broderick Kathleen P $163,000 Florida Title & Guarantee
Mustafa Fatima $330,000 Pine Island Title Insurance
Rader Family Rev Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dantona Richard M $629,000
Previous Owner Academy Home Developments Inc $585,359
Previous Owner Cameron William F $176,000
Previous Owner Mustafa Fatima $52,600
Previous Owner Mustafa Fatima $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $270,000 -20.4% $299 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
09/15/2018 09/15/18 For Sale $339,000 -- $375 / 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 $2,200 $370,581 $217,360 $84,096
2023 $2,200 $148,197 $148,187 $10
2022 $4,959 $279,709 $0 $0
2021 $3,673 $220,569 $146,928 $73,641
2020 $3,705 $220,443 $102,638 $117,805
2019 $4,008 $235,796 $102,638 $133,158
2018 $3,921 $235,790 $102,638 $133,152
2017 $3,620 $207,529 $102,638 $104,891
2016 $3,310 $182,070 $141,582 $40,488
2015 $3,138 $175,802 $138,333 $37,469
2014 -- $120,001 $105,567 $14,434
2013 -- $112,000 $93,455 $18,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218060584

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-04-0005A.0090