NOT LISTED FOR SALE

2773 Bruce St Matlacha, FL 33993

Estimated Value: $670,000 - $851,000

3 Beds
2 Baths
1,868 Sq Ft
$418/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $530,000 $284 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,834/month

76 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Fruit Trees
  • Cape Coral High School Rated A-
  • Canal Access
  • Oversized Lot

About This Home

As of June 2021

Enjoy this spectacular island property as an income producing duplex...or make it your home with one side being newly tiled, 2 bed/1 bath, 1200 sf with four season Florida room and the other side a recently updated 650 sf, 1 bed/1 bath within unit laundry and screened in lanai for Mother in law, family or friends. Both sides have full canal views with tons of natural light....windows, windows, windows! Relax while here with a large 74 ft. canal front low maintenance backyard that was completed in early 2020 with pavers and luxury synthetic grass. No need to mow just sit back and enjoy the tropical foliage, large shade tree, palm trees and your very own mango and banana trees. Don't overlook this being a sought after southern exposure so you can enjoy your shady backyard during the heat of the day. For you boaters, there is boat lift and for those who love to kayak there is a step down finger dock.
This is a large, 1800+ sf, well maintained CBS home with a one car garage located on a quiet, wide street with easy parking and surrounded by neighbors who take pride and care for their beautiful island homes.

Last Agent to Sell the Property

Wes Clark

Charles Wesley Clark, Broker License #252000589 Listed on: 02/23/2021

Last Buyer's Agent

Carlyn Herring

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,426

Year Built

  • Built in 1982

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 74 x 83 x 74 x 81
  • Waterfront
  • Oversized Lot
  • Fruit Trees

Home Design

  • Duplex
  • Rolled or Hot Mop Roof
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,868 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Canal Access
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Tax Lot 298
  • Assessor Parcel Number 24-44-22-10-00000.2980

Community Details

Overview

  • 2 Units
  • Island Harbors Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $10,700
  • Net Operating Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,426

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.138
  • Lot Size: 74 x 83 x 74 x 81
  • Road Surface Type: Paved
  • Subdivision Name: ISLAND HARBORS
  • Directions: Pine Island Road to Matlacha, north on Island Harbors the east on Bruce Street.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1982
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fruit Trees
  • Property Condition: Resale
  • Roof: Metal, Rolled/Hot Mop

Utilities

  • 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
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 24-44-22-10-00000.2980
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Telephone

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 3700.0
  • Annual Operating Expense: 10700.0

Tax Info

  • Tax Annual Amount: 5426.0
  • Tax Lot: 298
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Jun 10, 2021
Sold by
Smith Richard and Smith Kerschen Kandace
Bought by
Litton Portfolio Llc
Seller's Agent
Wes Clark
Charles Wesley Clark, Broker
Buyer's Agent
Carlyn Herring
List Price
$549,900
Sold Price
$530,000
Premium/Discount to List
-$19,900
-3.62%
Current Estimated Value
$761,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,000
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Feb 10, 2017
Closed on
Mar 10, 2017
Sold by
Haefner Michelle L and Mccaleb Marsha M
Bought by
Smith Richard and Smith Kerschen Kandace
Seller's Agent
Chris Terrasi
Premiere Plus Realty Company
Buyer's Agent
Jeannette Jones
Century 21 Sunbelt Realty
List Price
$369,500
Sold Price
$350,000
Premium/Discount to List
-$19,500
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Haefner Michelle L and Haefner Ricky C
Bought by
Haefner Michelle L

Purchase Details

Closed on
Dec 29, 2014
Sold by
Mccaleb Marsha M
Bought by
Mccaleb Marsha M

Purchase Details

Closed on
Apr 9, 1993
Sold by
Mccaleb Stanley C and Mccaleb Dondaleen
Bought by
Mccaleb Stanley C and Mccaleb Dondaleen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Litton Portfolio Llc $530,000 Attorney
Smith Richard $350,000 Florida Hometown Title & Esc
Haefner Michelle L -- None Available
Mccaleb Marsha M -- None Available
Mccaleb Stanley C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Richard $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $530,000 -3.6% $284 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $549,900 +57.1% $294 / Sq Ft
03/15/2017 03/15/17 Sold $350,000 -5.3% $187 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $369,500 -- $198 / 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 $7,570 $478,611 $340,342 $124,076
2023 $7,570 $466,932 $281,916 $170,145
2022 $7,279 $457,356 $192,969 $264,387
2021 $5,390 $314,671 $182,753 $131,918
2020 $5,426 $314,115 $169,620 $144,495
2019 $5,372 $306,049 $176,660 $129,389
2018 $5,458 $306,044 $128,040 $178,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221013043

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-10-00000.2980