NOT LISTED FOR SALE

2605 1st St Matlacha, FL 33993

Estimated Value: $376,839 - $625,000

2 Beds
1.5 Baths
1,050 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $340,000 $324 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,217/month

57 Days on Market

Highlights

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

About This Home

As of August 2017

Discover why historic Matlacha, with its art galleries, great fishing and boating, and pastel homes has been repeatedly featured in national magazines such as Coastal Living, Where to Retire and more. This darling hideaway bungalow is in the heart of Matlacha’s most desirable area, within short walking distance of the art galleries, restaurants, and the ice cream store. Completely remodeled to the highest standards and a room added, it features gorgeous travertine and tile flooring throughout, a new kitchen with granite, SS appliances, a huge rear waterfront deck, including a large covered area to relax on and watch the pelicans and manatees. There is a boat lift suitable for a small flats boat, and rack storage for kayaks and canoes. In fact, there are so many great features that we cannot cover them all. Be sure to check out the photos and the virtual tour. Make an appointment to see this unique property and soon you could be living where fishing, boating, dining, shopping and galleries are mere steps from your door.

Last Agent to Sell the Property

Mike Faulkner

John R. Wood Properties License #258000918 Listed on: 06/13/2017

John R. Wood Properties

Co-Listed By

Brian Faulkner

John R. Wood Properties License #358000525

Last Buyer's Agent

Eric Theune

Hamilton Franklin Realty LLC License #258020372

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1950

Lot Details

  • 5,397 Sq Ft Lot
  • Lot Dimensions are 50 x 66 x 50 x 66
  • Home fronts a seawall
  • Northwest Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned RM-2

Parking

  • Circular Driveway

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Shutters
  • Open Floorplan
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Canal Access
  • Deck
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 3
  • Assessor Parcel Number 24-44-22-03-00003.0140

Community Details

Overview

  • No Home Owners Association
  • Crows 2Nd Plat Of Matlacha Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1239
  • Lot Size: 50 x 66 x 50 x 66
  • Co List Office Mls Id: FPIR
  • Co List Office Phone: (239) 283-1028
  • Ownership: Single Family
  • Subdivision Name: CROWS 2ND PLAT OF MATLACHA
  • Directions: Pine Island Road to left on Matlacha Ave to property is on corner of Matlacha Ave & First Street.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1950
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dishwasher, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Family/Dining Room, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Cable TV
  • Living Area: 1050.0
  • Stories: 1
  • Window Features: See Remarks, Impact Glass, Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Exterior Features: Deck, Fence, Storage
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 24-44-22-03-00003.0140
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2768.0
  • Tax Block: 3
  • Tax Lot: 14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 10, 2017
Sold by
Cleaver Thomas W and Cleaver Valerie L
Bought by
Muscente Mary and Muscente Michael
Seller's Agent
Mike Faulkner
John R. Wood Properties
Buyer's Agent
Eric Theune
Hamilton Franklin Realty LLC
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%
Total Days on Market
57
Current Estimated Value
$498,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,710
Avg. Annual Appreciation
5.02%
Original Mortgage
$306,000
Outstanding Balance
$257,225
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$241,485

Purchase Details

Closed on
May 20, 2016
Sold by
Cleaver Thomas W and Cleaver Valerie L
Bought by
Cleaver Thomas W

Purchase Details

Closed on
Jan 4, 2016
Sold by
Cleaver Thomas W and Cleaver Valerie L
Bought by
L Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Woollard Winchester
Bought by
Cleaver Thomas W and Cleaver Valerie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 7, 2007
Sold by
Woollard Winchester
Bought by
Woollard Winchester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2007
Sold by
Frerking Clyde L and Ward Jerry F
Bought by
Woollard Winchester and Winmark Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,044
Interest Rate
6.5%
Mortgage Type
Balloon
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
Muscente Mary $340,000 Attorney
Cleaver Thomas W -- None Available
Cleaver Thomas W -- None Available
L Thomas W -- Title Source Inc
Cleaver Thomas W -- Title Source Inc
Cleaver Thomas W $212,000 Stewart Title Company
Woollard Winchester -- Executive Title Ins Svcs Inc
Woollard Winchester $270,000 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muscente Mary $306,000
Previous Owner L Thomas W $202,000
Previous Owner Cleaver Thomas W $50,000
Previous Owner Cleaver Thomas W $75,000
Previous Owner Woollard Winchester $150,000
Previous Owner Woollard Winchester $32,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2017 08/10/17 Sold $340,000 -5.3% $324 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $359,000 -- $342 / 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 $5,005 $316,697 -- --
2023 $5,845 $287,906 $0 $0
2022 $4,588 $261,733 $0 $0
2021 $3,941 $237,939 $123,855 $114,084
2020 $3,971 $237,411 $97,750 $139,661
2019 $3,673 $214,800 $97,750 $117,050
2018 $3,733 $214,798 $97,750 $117,048
2017 $2,798 $181,554 $0 $0
2016 $2,768 $188,646 $107,478 $81,168
2015 $2,666 $179,704 $107,062 $72,642
2014 $2,646 $179,296 $107,422 $71,874
2013 -- $172,595 $96,482 $76,113
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217038314

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-03-00003.0140