NOT LISTED FOR SALE

3231 Cottonwood Bend Unit 303 Fort Myers, FL 33905

Verandah Neighborhood

Estimated Value: $222,192 - $277,000

3 Beds
2.5 Baths
1,868 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $150,000 $80 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,096/month

78 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Golf Course Community
  • Private Membership Available
  • Great Room

About This Home

As of August 2018

This is a great unit! Updated with a fabulous coastal feel. Seller improvements included NEW plank tile flooring throughout the entire first level, completely NEW air conditioner and the entire home was recently painted in neutral colors. Easy lifestyle, NO mandatory social/golf club fees. Great opportunity for an investment/rental/seasonal vacation property. Seller needs a place to park their RV so they are packing up and priced this unit to sell! Includes 3 bedroom, 3 (2 full /1 half) bath with great room floor plan, lanai overlooking the lake, beautiful mature palm trees and landscaping in the entrance and lanai areas. All bedrooms are on the second level and living space is on the main level which really makes the unit feel and live larger. Seller is able to close quickly. Buy now and be moved in and ready for living in Florida next season!

Last Agent to Sell the Property

PJ Smith

Serhant-Naples License #NAPLES-249524848 Listed on: 05/07/2018

Last Buyer's Agent

ERMINA MATIC

Matic Properties LLC License #FORT-258023477

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • North Facing Home
  • Sprinkler System

HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 36-43-25-07-00003.0303
  • Tax Block 3
  • $375 special tax assessment

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • 4 Units
  • Private Membership Available
  • Cottonwood Bend Condos

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Dog Park
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,632

Year Built

Built in 2006

Lot Details

0

HOA Fees

$578 per month

Parking

1

Listing Details

  • Legal Description: COTTONWOOD BEND AT VERANDAH DESC IN INST#2005-188261 BLDG 3 UNIT 303
  • Property Type: Residential
  • Table: Residential
  • Building Design: Townhouse
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 80.30
  • Total Floors: 2
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1868
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Gas Available
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Lake
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-694-7229
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: COTTONWOOD BEND
  • Condo Fees: 1160
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Security, Water
  • Master Hoa Fee: 572
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Development: Verandah
  • Amenities: Bike And Jog Path, Clubhouse, Community Pool, Dog Park, Fitness Center Attended, Golf Course, Internet Access, Play Area, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 4
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 500.00
  • One Time Special Assessment Fee: 375

Lot Info

  • Builder Product: No
  • Lot Unit: 303
  • Section: 36
  • Total Area: 1868
  • Waterfront: Yes
  • Zoning Code: MPD
  • Rear Exposure: North
  • Lot Description: Regular
  • Parcel Number: 36-43-25-07-00003.0303

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2632.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 13, 2018
Sold by
Wadewitz Michael H and Wadewitz Linda J
Bought by
Cowitch John G
Seller's Agent
PJ Smith
Serhant-Naples
Buyer's Agent
ERMINA MATIC
Matic Properties LLC
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Current Estimated Value
$243,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,877
Avg. Annual Appreciation
7.56%
Original Mortgage
$110,000
Outstanding Balance
$96,515
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$153,101

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jun 3, 2016
Sold by
Arslanian Henry G and Arslanian Sharon L
Bought by
Wadewitz Michael H and Wadewitz Linda J
Seller's Agent
Marie Schaible
Wynns Realty
Buyer's Agent
Marie Schaible
Wynns Realty
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$98,700
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
Lennar Homes Inc
Bought by
Arslanian Henry G and Arslanian Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,990
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Cowitch John G $150,000 Sunbelt Title Agency
Wadewitz Michael H $141,000 Superior Title Services
Arslanian Henry G $239,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowitch John G $110,000
Previous Owner Wadewitz Michael H $98,700
Previous Owner Arslanian Henry G $238,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $150,000 -3.2% $80 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $154,900 0.0% $83 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
06/07/2018 06/07/18 Price Changed $154,900 -1.9% $83 / Sq Ft
05/28/2018 05/28/18 For Sale $157,900 0.0% $85 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $157,900 +12.0% $85 / Sq Ft
06/07/2016 06/07/16 Sold $141,000 -5.9% $75 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $149,900 -- $80 / Sq Ft
Source: Naples Area Board 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 $2,193 $127,230 -- --
2023 $2,193 $123,524 $0 $0
2022 $2,254 $119,926 $0 $0
2021 $2,197 $122,628 $0 $122,628
2020 $2,168 $114,825 $0 $0
2019 $2,130 $112,243 $0 $112,243
2018 $2,603 $112,243 $0 $112,243
2017 $2,632 $113,050 $0 $113,050
2016 $2,375 $99,674 $0 $99,674
2015 $2,336 $99,000 $0 $99,000
2014 -- $77,600 $0 $77,600
2013 -- $67,900 $0 $67,900
Source: Public Records

Agents Affiliated with this Home

  • PJ Smith

    Seller's Agent in 2018

    PJ Smith

    Serhant-Naples

    (239) 300-3009

    2 in this area

    36 Total Sales

    Section Image
  • ERMINA MATIC

    Buyer's Agent in 2018

    ERMINA MATIC

    Matic Properties LLC

    (239) 542-0065

    9 Total Sales

    Section Image

  • M

    Seller's Agent in 2016

    Marie Schaible

    Wynns Realty

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218033704

Naples Area Board of REALTORS®

APN: 36-43-25-07-00003.0303

Florida Lee County Fort Myers 33905 Verandah

3231 Cottonwood Bend Unit 303, Fort Myers, FL

This home is located at 3231 Cottonwood Bend Unit 303, Fort Myers, FL 33905 since 07 May 2018 and is currently estimated at $242,048, approximately $129 per square foot. This property was built in 2006. 3231 Cottonwood Bend Unit 303 is a home located in Lee County with nearby schools including Orange River Elementary School, Tice Elementary School, and Edgewood Academy.

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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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