NOT LISTED FOR SALE

359 Lorraine Dr Fort Myers, FL 33905

Morse Shores Neighborhood

Estimated Value: $188,067 - $241,000

3 Beds
2 Baths
1,100 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $225,000 $205 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,383/month

33 Days on Market

Highlights

  • Deck
  • Central Heating and Cooling System
  • Paved or Partially Paved Lot
  • Concrete Block With Brick
  • North Facing Home
  • 1-Story Property

About This Home

As of April 2024

Welcome to this charming 3-bedroom, 2-bathroom single-family home, perfect for savvy investors looking for a fix-and-flip opportunity with lucrative rental potential. Situated in a desirable neighborhood, this property offers a solid foundation for a profitable real estate venture. Don't miss out on this incredible opportunity to turn this property into a profitable investment. Schedule a viewing today and unlock the potential within these walls!

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #NAPLES-364512302 Listed on: 02/01/2024

Last Buyer's Agent

Curtis Mellon

RE/MAX Anchor Realty License #3096164

RE/MAX Anchor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions: 136
  • North Facing Home
  • Paved or Partially Paved Lot
  • Property is zoned RS-1

Home Design

  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • Fort Myers Community

Listing and Financial Details

  • Assessor Parcel Number 02-44-25-01-00039.0150
  • Tax Block 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Legal Description: TERRY-TICE + VANDAWALKER BLK 2 PB 1 PG 46 PT LT 23 AS DESC IN OR 751 PG 605 AKA LT 4 COUNTRY ESTATES UNREC
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.680348$-81.788408$125.28$13.33$1.00$q1XnnuaS16ErSBsECJfFjQ
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1971
  • Directions: Head north on Lorraine Dr toward Orange River Blvd in 486 feet you will be in your destination.
  • Property Information: Welcome to this charming 3-bedroom, 2-bathroom single-family home, perfect for savvy investors looking for a fix-and-flip opportunity with lucrative rental potential. Situated in a desirable neighborhood, this property offers a solid foundation for a profitable real estate venture. Don't miss out on this incredible opportunity to turn this property into a profitable investment. Schedule a viewing today and unlock the potential within these walls!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 204.55
  • Total Floors: 1
  • Additional Rooms: None
  • Estimated Living Area: 1100
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Other
  • Flooring: Other
  • Floor Plan: Other

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Paved Road
  • Exterior Features: Deck
  • Exterior Finish: Other

Utilities

  • Cable Available: No
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: FORT MYERS
  • Development Name: FORT MYERS

Association/Amenities

  • Pets: Not Allowed
  • Development: Fort Myers

Lot Info

  • Builder Product: No
  • Lot Back: 136
  • Lot Frontage: 136
  • Lot Left: 85
  • Lot Right: 85
  • Lot Unit: 23
  • Section: 2
  • Total Area: 1680
  • Waterfront: No
  • Zoning Code: RS-1
  • Acres: 0.2500
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 136 X 85
  • Parcel Number: 02-44-25-01-00039.0150

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 2198.86
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 8, 2024
Sold by
Pietro Frank W
Bought by
Nelson Billie and Alexander William
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Curtis Mellon
RE/MAX Anchor Realty
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Views
47
Current Estimated Value
$213,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,191
Avg. Annual Appreciation
-3.13%
Original Mortgage
$220,924
Outstanding Balance
$218,654
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$2,915

Purchase Details

Closed on
Jan 7, 2014
Sold by
County Of Lee
Bought by
Long Land Trust and Lp Trust Holdings Inc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Hampton Jeffrey E
Bought by
Mora Ixelim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
7.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2005
Sold by
Camden Tom
Bought by
Bayval Investments Llc

Purchase Details

Closed on
Nov 19, 2001
Sold by
Lee Cty Housing Dev Corp
Bought by
Lee Cty Housing Dev Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.87%

Purchase Details

Closed on
Oct 3, 2001
Sold by
M & M Holdings Group Inc
Bought by
Chatland Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.87%

Purchase Details

Closed on
Sep 28, 2001
Sold by
Moore Anthony and Battle Marilyn
Bought by
M & M Holdings Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
6.87%

Purchase Details

Closed on
Feb 23, 1999
Sold by
Mcmillan Evelyn Ireson and Ireson Lola
Bought by
Ireson Lola F

Purchase Details

Closed on
Apr 13, 1994
Sold by
Joiner Howard and Joiner Patricia
Bought by
Moore Anthony and Battle Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
7.47%
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
Nelson Billie $225,000 Tiago National Title
Long Land Trust $13,718 None Available
Mora Ixelim A $143,000 Gulfstream Title Llc
Bayval Investments Llc $96,800 Gulfstream Title Llc
Home Buying Investors Inc $81,000 Gulfstream Title Llc
Lee Cty Housing Dev Corp -- --
Chatland Elizabeth $83,000 --
M & M Holdings Group Inc $58,000 --
Ireson Lola F $16,700 --
Moore Anthony $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Billie $220,924
Previous Owner Mora Ixelim A $114,400
Previous Owner Chatland Elizabeth $78,850
Previous Owner Moore Anthony $50,800
Closed Mora Ixelim A $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $225,000 -2.2% $205 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $230,000 -6.1% $209 / Sq Ft
02/01/2024 02/01/24 For Sale $245,000 0.0% $223 / Sq Ft
09/07/2014 09/07/14 For Rent $850 -97.2% --
09/07/2014 09/07/14 Rented -- -- --
03/28/2014 03/28/14 Sold $30,000 -11.8% $27 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
01/26/2014 01/26/14 For Sale $34,000 -- $31 / 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 $2,539 $116,219 $15,203 $90,886
2023 $2,539 $109,965 $0 $0
2022 $2,199 $99,968 $0 $0
2021 $1,770 $111,320 $10,895 $100,425
2020 $1,651 $102,554 $8,600 $93,954
2019 $1,576 $100,944 $5,900 $95,044
2018 $1,341 $70,255 $5,900 $64,355
2017 $1,311 $72,674 $5,900 $66,774
2016 $1,201 $64,580 $7,154 $57,426
2015 $1,046 $51,299 $6,910 $44,389
2014 -- $37,929 $6,746 $31,183
2013 -- $37,295 $4,170 $33,125
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2024

    Steven Koleno

    Beycome of Florida LLC

    (312) 300-6768

    3 in this area

    11,300 Total Sales

    Section Image
  • Curtis Mellon

    Buyer's Agent in 2024

    Curtis Mellon

    RE/MAX

    (941) 626-3640

    1 in this area

    652 Total Sales

    Section Image

  • P

    Seller's Agent in 2014

    Peter Kollar

    Kaplan Pro Realty LLC

    (239) 777-0022

    1 in this area

    119 Total Sales

    Section Image

  • K

    Seller's Agent in 2014

    Kenneth Marlowe

    Vision One Realty Group, Inc.

    Section Image

  • K

    Buyer's Agent in 2014

    Ken Marlowe

See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 224008311

Naples Area Board of REALTORS®

APN: 02-44-25-01-00039.0150

Florida Lee County Fort Myers 33905 Morse Shores

359 Lorraine Dr, Fort Myers, FL

This home is located at 359 Lorraine Dr, Fort Myers, FL 33905 since 01 February 2024 and is currently estimated at $218,017, approximately $198 per square foot. This property was built in 1971. 359 Lorraine Dr 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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