$2,000,000
SOLD FEB 27, 2024
5 Beds
5.5 Baths
3,470 Sq Ft
0.38 Acres

Recently Sold

$576 Per Sq Ft

22% Below List Price

0 Day on Market

Highlights

  • Docks
  • In Ground Pool
  • River View
  • Fort Myers High School Rated A
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling

About This Home

As of February 2024

HUGE PRICE REDUCTION! Sunsets, boats, dolphins and Manatees daily from this stunning 3,500 sq-ft, 5 bed, 5.5 bath home, with 118ft of river frontage, boasting PANORAMIC RIVER VIEWS and the most AMAZING OUTDOOR LIVING AREA (surrounded by herb, fruit and butterfly gardens) that EXPANDS YOUR LIVING SPACE BY NEARLY 1000 sf with its vaulted ceilings, fireplace, and HUGE OUTDOOR KITCHEN, featuring a grill, sink, refrigerator, and ample counter space. The custom pool, spa and NEW DOCK for your boat are just steps away, Inside, the handicap accessible first floor features the spacious primary suite w/ IMPACT French doors leading to the lanai as well as 2 additional ensuite bedrooms, one with a separate entrance perfect for a MOTHER-IN-LAW SUITE! The kitchen features BEAUTIFUL NEW CUSTOM CABINETRY, NEW APPLIANCES (wifi connected!)and a coffee/cocktail bar. Upstairs, two luxurious ensuite bedrooms w/ balconies offer amazing views of the river. Live your Florida dream here! Schedule your private showing today!

Last Agent to Sell the Property

Kelly Sackman

Royal Shell Real Estate, Inc. License #3291992 Listed on: 02/01/2024

Royal Shell Real Estate, Inc.

Co-Listed By

Michael McMurray

Royal Shell Real Estate, Inc. License #587669

Last Buyer's Agent

OTHER OTHER

Other

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,019

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • River Front
  • West Facing Home
  • Fenced
  • Irregular Lot

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 3,470 Sq Ft Home
  • 2-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Casement Windows
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • River Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal
  • Pot Filler

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Storm Protection
  • Fire and Smoke Detector

Parking

  • 3 Carport Spaces
  • Automatic Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Hallway
  • Handicap Accessible
  • Accessible Entrance

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Docks
  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 34-44-24-P2-0060I.0070

Community Details

Overview

  • No Home Owners Association
  • Seminole Estates Subdivision

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,019

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Subdivision Name: Seminole Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Great Room, Remodeled, Split Bedrooms, Two Story
  • Accessibility: Acc Entrance, Acc Full Bath, Acc Hallway(s), Acc Kitchen
  • Legal Description: SEMINOLE EST REVISED PLAT BLK I PB 9 PG 156 LOT 7
  • Strap Number: 34-44-24-P2-0060I.0070
  • Subject To F I R P T A: No
  • Year Built: 1960
  • Miscellaneous: Fireplace Wood, Handicap Accessible, See Remarks
  • Folio Id: 10183611
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 576.37
  • Total Sq Ft: 5670
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Outside Kitchen, Pot Filler, Range Electric, Refrigerator, Smoke Detector(s), Wall Oven Elec, Washer, Water Heater, See Remarks
  • Estimated Living Sq Ft: 3470
  • Bathrooms: 5
  • Bathrooms Display: 5/1
  • Bedrooms: 5
  • Ceiling: See Remarks, Vaulted Ceiling
  • Den: No
  • Fireplace: Yes
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: See Remarks
  • Half Bathrooms: 1
  • Primary Bathroom: Dbl Sinks, Dbl Vanity, Sep. Shower, Sep. Tub, Tile, Whirlpool
  • Master Bedroom: 2nd Floor, Balcony, Sitting Area
  • Windows: Casement, Storm Protection All

Exterior Features

  • Waterfront: River
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: River
  • Roads: Paved
  • Construction Stat: Concrete Block
  • Pool Description: Below Ground, Equipment Stays
  • Rear Exposure: West
  • Roof: Tile

Garage/Parking

  • Parking: 3+ Carport, Auto Garage Opener(s)

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.38
  • Geo Update Timestamp: 2024-02-01
  • Geo Address Line: 3954 W Riverside Dr
  • Geo Primary City: Fort Myers
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 7
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 16714
  • Lot Sq Ft Source: Leepa
  • Lot Features: Fenced, See Remarks
  • Survey: No

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 20019
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Feb 27, 2024
Sold by
Olinyk Matthew J and Olinyk Tina M
Bought by
Wbv Holdings Llc
Seller's Agent
Bill Vecchio
Cornerstone Coastal Properties
Buyer's Agent
Bill Vecchio
Cornerstone Coastal Properties
Views
83
Current Estimated Value
$2,394,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%

Purchase Details

Listed on
Jun 11, 2017
Closed on
Dec 4, 2017
Sold by
Majesky Ivan F
Bought by
Olinyk Matthew J and Olinyk Tina M
Seller's Agent
John Turco
William Raveis Real Estate
Buyer's Agent
Jason Padilla
RWB Real Estate, Inc.
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$700,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Albanese Alice Diane Wilcox and Albanese Phillip J
Bought by
Majesky Ivan F

Purchase Details

Closed on
Oct 30, 2004
Sold by
Brosseau Wayne and Brosseau Helen
Bought by
Albanese Alice Diane Wilcox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2003
Sold by
Hammermeister Dennis R and Hammermeister Katy J
Bought by
Brosseau Wayne and Brosseau Helen

Purchase Details

Closed on
Jul 28, 1999
Sold by
Smith Terry Lawrence and Smith Bradley Kent
Bought by
Hammermeister Dennis R and Hammermeister Katy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,000,000 Assured Title Services
Warranty Deed $1,400,000 Attorney
Warranty Deed $1,525,000 Stewart Title Guaranty Co
Warranty Deed $1,215,000 Sunbelt Title Agency
Warranty Deed $985,000 --
Warranty Deed $132,500 --
Warranty Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Credit Line Revolving
Previous Owner $548,250 New Conventional
Previous Owner $700,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $1,215,000 Unknown
Previous Owner $82,500 Credit Line Revolving
Previous Owner $480,000 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $212,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Rented -- -- --
03/01/2024 03/01/24 For Rent $11,000 0.0% --
02/29/2024 02/29/24 Pending -- -- --
02/27/2024 02/27/24 Sold $2,000,000 0.0% $576 / Sq Ft
02/27/2024 02/27/24 Sold $2,000,000 -21.6% $576 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/01/2024 02/01/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $2,550,000 0.0% $735 / Sq Ft
01/18/2024 01/18/24 For Sale $2,550,000 0.0% $735 / Sq Ft
01/02/2024 01/02/24 Price Changed $2,550,000 -7.2% $735 / Sq Ft
12/11/2023 12/11/23 Price Changed $2,749,000 -0.9% $792 / Sq Ft
11/27/2023 11/27/23 Price Changed $2,775,000 -0.9% $800 / Sq Ft
11/13/2023 11/13/23 Price Changed $2,799,000 -0.9% $807 / Sq Ft
11/01/2023 11/01/23 Price Changed $2,825,000 -0.9% $814 / Sq Ft
10/02/2023 10/02/23 Price Changed $2,850,000 -1.6% $821 / Sq Ft
09/07/2023 09/07/23 Price Changed $2,895,000 -1.5% $834 / Sq Ft
08/10/2023 08/10/23 Price Changed $2,940,000 -8.8% $847 / Sq Ft
06/09/2023 06/09/23 Price Changed $3,225,000 -0.8% $929 / Sq Ft
04/14/2023 04/14/23 For Sale $3,250,000 +132.1% $937 / Sq Ft
12/05/2017 12/05/17 Sold $1,400,000 -20.0% $247 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $1,750,000 -- $309 / 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 $16,009 $1,780,479 $1,054,709 $581,055
2023 $16,009 $936,740 $936,730 $10
2022 $20,019 $1,145,539 $0 $0
2021 $20,547 $1,267,858 $716,948 $550,910
2020 $20,954 $1,096,819 $0 $0
2019 $20,880 $1,072,159 $0 $0
2018 $20,976 $1,052,168 $577,469 $474,699
2017 $22,141 $1,041,644 $563,429 $478,215
2016 $23,424 $1,086,477 $599,845 $486,632
2015 $25,048 $1,143,696 $574,326 $569,370
2014 -- $1,237,601 $580,965 $656,636
2013 -- $1,013,474 $520,433 $493,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240126

Sanibel & Captiva Islands Association of REALTORS®

APN: 34-44-24-P2-0060I.0070