NOT LISTED FOR SALE

2868 Velma St Matlacha, FL 33993

Estimated Value: $490,000 - $684,000

2 Beds
1 Bath
1,193 Sq Ft
$507/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $539,000 $452 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,665/month

14 Days on Market

Highlights

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

About This Home

As of October 2021

Island Life Living starts here! This perfect island home is situated in the heart of Matlacha within walking distance to restaurants, art galleries, music and entertainment. The location is a water lovers dream, surrounded by awesome fishing, gorgeous beaches and incredible nature and close to the fuel dock! The interior of this home has a fresh and bright feel, features include updated plumbing, updated buried electric with surge protector, updated kitchen with wood cabinets, built in coffee bar and comes partially furnished! The outdoor living spaces of this home really make it special! There are multiple areas to sit, relax and enjoy the natural beauty Matlacha has to offer . The exterior features include, metal roof, newer seawall, oversize composite dock, 10k covered boatlift, multi level deck, fish cleaning table, and ample parking for RV boats or trailers. The home sits on a beautiful oversized lot with mature landscaping that provides for tons of privacy and includes fox tail palms, avocado tree, 2 lime trees (perfect for happy hour cocktails!), papaya tree and herb bushes. There is plenty of room for a pool if one desires! 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: 08/31/2021

Century 21 Sunbelt Realty

Last Buyer's Agent

Paula Klingenberg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1960

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 75 x 84 x 76 x 86
  • Home fronts a seawall
  • Home fronts navigable water
  • South Facing Home
  • Oversized Lot
  • Fruit Trees
  • Property is zoned TFC2

Parking

  • 1 Car Attached Garage

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,193 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • French Doors
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Canal Access

Utilities

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

Listing and Financial Details

  • Tax Lot 378
  • Assessor Parcel Number 23-44-22-02-00000.3780

Community Details

Overview

  • No Home Owners Association
  • Matlacha Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,918

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 75 x 84 x 76 x 86
  • Ownership: Single Family
  • Subdivision Name: MATLACHA
  • Directions: West Pine Island RD - Right Island Ave - Right on Velma- first home on left
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1960
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, French Door(s)/Atrium Door(s), High Speed Internet, None, Cable TV
  • Living Area: 1193.0
  • Stories: 1
  • Window Features: Double Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fruit Trees, Room For Pool, Shutters Manual
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: In Garage
  • 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 #: 23-44-22-02-00000.3780
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4918.0
  • Tax Lot: 378
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 15, 2021
Sold by
Payne Judd and Payne Sherami
Bought by
Truong Emily
Seller's Agent
Katie Fischer
Century 21 Sunbelt Realty
Buyer's Agent
Paula Klingenberg
List Price
$539,000
Sold Price
$539,000
Current Estimated Value
$604,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,761
Avg. Annual Appreciation
3.59%
Original Mortgage
$431,200
Outstanding Balance
$397,456
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$216,202

Purchase Details

Closed on
Sep 23, 2020
Sold by
Payne Judd and Payne Sherami
Bought by
Judd And Sherami Payne Living Trust and Payne

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 19, 2019
Sold by
Shipley Brian T and Shipley Shelley A
Bought by
Payne Judd and Payne Sherami
Seller's Agent
Katie Fischer
Century 21 Sunbelt Realty
Buyer's Agent
Katie Fischer
Century 21 Sunbelt Realty
List Price
$349,500
Sold Price
$341,500
Premium/Discount to List
-$8,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Long Robert V
Bought by
Shipley Brian T and Shipley Shelley A

Purchase Details

Closed on
Jan 6, 2010
Sold by
Katsikos Paul and Katsikos Yoko
Bought by
Long Robert V

Purchase Details

Closed on
Aug 31, 2000
Sold by
Second Griffin Marine Inc
Bought by
Brooks Kelly L and Brooks William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.24%
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
Truong Emily $539,000 Accurate Complete Title Inc
Judd And Sherami Payne Living Trust $100 None Listed On Document
Payne Judd $341,500 Accurate Complete Title Inc
Shipley Brian T $240,000 Attorney
Long Robert V $260,000 Attorney
Brooks Kelly L $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Emily $431,200
Previous Owner Brooks Kelly L $143,000
Previous Owner Brooks Kelly L $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $539,000 0.0% $452 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $539,000 +57.8% $452 / Sq Ft
04/19/2019 04/19/19 Sold $341,500 -2.3% $286 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $349,500 -- $293 / 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 $3,427 $498,890 $351,686 $108,066
2023 $3,427 $230,890 $230,880 $10
2022 $6,614 $433,350 $255,934 $177,416
2021 $4,871 $298,150 $202,993 $95,157
2020 $4,918 $297,964 $169,620 $128,344
2019 $3,393 $224,973 $0 $0
2018 $3,380 $220,778 $0 $0
2017 $3,375 $216,237 $0 $0
2016 $3,343 $235,633 $158,514 $77,119
2015 $3,226 $223,599 $155,064 $68,535
2014 $3,131 $221,296 $133,987 $87,309
2013 -- $197,697 $132,932 $64,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221063109

Florida Gulf Coast Multiple Listing Service

APN: 23-44-22-02-00000.3780