NOT LISTED FOR SALE

Estimated Value: $1,631,000 - $2,874,000

0.33 Acre
$7,173,073 Price per Acre
14,375 Sq Ft Lot

Last Sold May 06, 2014

Last sale price $520,000 $237 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $14,558/month

Highlights

  • Boat Dock
  • Cape Elementary School Rated A-
  • River View

About This Lot

As of May 2014

90 feet of incredible riverfront with incredible panoramic vistas across this 1/3 of an acre parcel located directly on the Caloosahatchee river. The lot is surrounded by million dollar homes in the exclusive Palaco Grande neighborhood. Lot features a brand new Dock built in 2014, seawall new in 2011 and concrete patio new in 2014 just waiting for you to enjoy the 180 degrees of water and breathtaking sunsets.

Last Agent to Sell the Property

Cliff Glansen

Flatfee.com License #278017259 Listed on: 05/06/2014

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,631

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 188 x 88 x 188 x 88
  • River Front
  • East Facing Home

Property Views

  • River Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 43-44 / 586
  • Assessor Parcel Number 05-45-24-C2-00586.0430

Community Details

Overview

  • Palaco Grande Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$8,631

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Lot Size: 188 x 88 x 188 x 88
  • Road Surface Type: Paved
  • Subdivision Name: PALACO GRANDE
  • Directions: Del Prado Blvd. to Palaco Grande to end. then turn left and fifth property
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-24-C2-00586.0430
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8631.0
  • Tax Block: 586
  • Tax Lot: 43-44
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2016
Sold by
Ryan Smith Wendy
Bought by
Smith Ronald E and Smith Ryan Smith
Current Estimated Value
$2,367,114

Purchase Details

Listed on
May 6, 2014
Closed on
May 16, 2014
Sold by
Mendiluzza Raunier and Echevarria Yileny
Bought by
Ryan Smith Wendy
Seller's Agent
Cliff Glansen
Flatfee.com
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$649,900
Sold Price
$520,000
Premium/Discount to List
-$129,900
-19.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.95%

Purchase Details

Closed on
Mar 18, 2013
Sold by
Antar Dima
Bought by
Mendiluza Raunier and Echevarria Yileny

Purchase Details

Closed on
Aug 27, 2012
Sold by
Eckenrode George P and Eckenrode Fusako
Bought by
Antar Dima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,150
Interest Rate
3.53%
Mortgage Type
New Conventional
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
Smith Ronald E -- None Available
Ryan Smith Wendy $520,000 Realty Title Solutions Lllp
Mendiluza Raunier $450,000 Realty Title Solutions Lllp
Antar Dima $437,000 Realty Title Solutions Lllp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Antar Dima $415,150
Previous Owner Eckenrode George P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $520,000 -20.0% $237 / Sq Ft
05/06/2014 05/06/14 For Sale $649,900 -- $297 / 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 $21,132 $1,345,284 -- --
2023 $21,132 $1,306,101 $0 $0
2022 $20,340 $1,268,059 $0 $0
2021 $21,492 $1,588,323 $582,198 $1,006,125
2020 $22,038 $1,214,127 $0 $0
2019 $21,486 $1,186,830 $0 $0
2018 $21,633 $1,164,701 $0 $0
2017 $9,863 $505,275 $450,000 $55,275
2016 $9,869 $508,096 $508,096 $0
2015 $9,161 $450,917 $450,917 $0
2014 -- $425,917 $425,917 $0
2013 -- $400,903 $341,600 $59,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214027284

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C2-00586.0430