NOT LISTED FOR SALE

2878 Valencia Way Fort Myers, FL 33901

Valencia Terrace Neighborhood

Estimated Value: $930,000 - $2,403,000

3 Beds
2.5 Baths
3,013 Sq Ft
$582/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $1,395,000 $463 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,761/month

54 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • Fireplace
  • Fort Myers High School Rated A
  • No HOA
  • 1-minute walk to Snell Family Park

About This Home

As of April 2012

For Statistics Only

Last Agent to Sell the Property

Matt Hudson

VIP Realty Group Fort Myers Listed on: 01/19/2012

Last Buyer's Agent

OTHER OTHER

Other

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,091

Year Built

  • Built in 1926

Lot Details

  • 0.58

Interior Spaces

  • 3,013 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Outdoor Pool
  • Waterfront
  • Cooling Available

Community Details

  • No Home Owners Association
  • Rainbow Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-44-24-P1-01805.0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,091

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Subdivision Name: Rainbow Farms
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: VALENCIA TERRACE BLK 5 PB 5 PG 51 LOTS 3 + 4
  • Strap Number: 26-44-24-P1-01805.0030
  • Year Built: 1926
  • Folio Id: 10175612
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 462.99
  • Total Sq Ft: 4991
  • Estimated Living Sq Ft: 3013
  • Bathrooms: 2
  • Bathrooms Display: 2/1
  • Bedrooms: 3
  • Fireplace: Yes
  • Furnished Disp: No - 0
  • Furnished: No
  • Half Bathrooms: 1

Exterior Features

  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Pool: Yes

Utilities

  • Air Conditioner: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 2878 Valencia Way
  • Geo Primary City: Fort Myers
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Tax Info

  • Tax Amount: 20091
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2016
Sold by
Law Ann L
Bought by
Law Ann L
Current Estimated Value
$1,752,437

Purchase Details

Closed on
Jul 20, 2015
Sold by
Paloff Martin
Bought by
Law Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2015
Sold by
Paloff Martin
Bought by
Law Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 19, 2012
Closed on
Apr 30, 2012
Sold by
N A L A Investment Inc
Bought by
Paloff Martin and Law Ann
Seller's Agent
Matt Hudson
VIP Realty Group Fort Myers
Buyer's Agent
OTHER OTHER
Other
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$1,195,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 2, 2002
Sold by
Kimmel Richard G and Kimmel Valerie S
Bought by
N A L A Inv Inc
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
Law Ann L -- None Available
Law Ann -- Oig Title & Escrow Llc
Law Ann -- Attorney
Paloff Martin $1,395,000 Title Group Services
N A L A Inv Inc $1,175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Ann L $1,800,000
Open Law Ann $3,600,000
Closed Laann L $1,196,500
Previous Owner Law Ann $150,000
Previous Owner Law Ann $956,250
Previous Owner Paloff Martin $1,195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $1,395,000 0.0% $463 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $1,395,000 -- $463 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $29,094 $1,555,351 -- --
2023 $22,422 $1,282,987 $1,282,977 $10
2022 $23,902 $1,285,414 $0 $0
2021 $22,203 $1,168,558 $920,172 $248,386
2020 $21,465 $1,089,335 $738,848 $350,487
2019 $22,075 $1,098,991 $738,848 $360,143
2018 $22,812 $1,109,521 $738,848 $370,673
2017 $24,065 $1,140,185 $720,882 $419,303
2016 $25,061 $1,168,526 $752,958 $415,568
2015 $16,811 $1,181,016 $717,614 $463,402
2014 -- $1,178,915 $717,429 $461,486
2013 -- $753,200 $555,273 $197,927
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Matt Hudson

    VIP Realty Group Fort Myers

    Section Image

  • O

    Buyer's Agent in 2012

    OTHER OTHER

    Other

See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120648

Sanibel & Captiva Islands Association of REALTORS®

APN: 26-44-24-P1-01805.0030

Florida Lee County Fort Myers 33901 Valencia Terrace

2878 Valencia Way, Fort Myers, FL

This home is located at 2878 Valencia Way, Fort Myers, FL 33901 since 19 January 2012 and is currently estimated at $1,752,437, approximately $581 per square foot. This property was built in 1926. 2878 Valencia Way is a home located in Lee County with nearby schools including Allen Park Elementary School, Edison Park Creative & Expressive Arts School, and Orangewood Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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