$382,000
SOLD MAR 3, 2021
3 Beds
2 Baths
1,436 Sq Ft
0.34 Acres

Recently Sold

$266 Per Sq Ft

4% Below List Price

94 Days on Market

Highlights

  • Home fronts a seawall
  • Furnished
  • Breakfast Area or Nook
  • River View
  • No HOA
  • Fireplace

About This Home

As of March 2021

RIVERFRONT HOME w/ direct Gulf access! Classic architectural design coupled with a stunning riverfront setting w/ long private 100' composite boat dock w/ solar lights ...rare find w/ unlimited possibilities. Meticulously maintained & updated single family home that offers a formal living room, breakfast nook, Florida room, family room, fireplace, laundry room in addition to a workshop/storage room, built-in cabinetry (kitchen & guest room), beautiful terrazzo floors, plantation shutters, and a spacious fenced-in backyard w/ privacy fence, open lanai and a GORGEOUS river view. The entire home has been rewired and the exterior has been pressure washed & freshly painted. Income POTENTIAL - the current owners have been successful in offering the home as a vacation rental and have several re-occurring tenants. Rainbow Groves is a non-gated & non-deeded neighborhood that offers a coastal setting w/ Gulf access and features Old Florida style single family homes. Just a short drive to the redeveloped River District (downtown Fort Myers) where you can enjoy shopping, dining, & entertainment!

Last Agent to Sell the Property

Denny Grimes

Keller Williams Realty Naples License #258000307 Listed on: 10/29/2020

Keller Williams Realty Naples

Co-Listed By

Morgan Grimes

Keller Williams Realty Naples License #258017564

Last Buyer's Agent

Patty Chafatelli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 98 x 134 x 111 x 156
  • Home fronts a seawall
  • Home fronts navigable water
  • River Front
  • Southeast Facing Home
  • Irregular Lot
  • Property is zoned RS-6

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Display Windows
  • Sliding Windows
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Range
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 18 / B
  • Assessor Parcel Number 05-44-25-P4-0100B.0180

Community Details

Overview

  • No Home Owners Association
  • Rainbow Groves Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,086

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 98 x 134 x 111 x 156
  • Road Surface Type: Paved
  • Co List Office Mls Id: FKWFMI
  • Co List Office Phone: (239) 236-4350
  • Ownership: Single Family
  • Subdivision Name: RAINBOW GROVES
  • Directions: Heading East on Palm Beach Blvd from the River District (downtown Fort Myers), turn left onto Van Buren St, turn right onot E River Dr, 4021 is on left side of road.
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1955
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Concrete, Laminate, Terrazzo, Vinyl
  • Interior Amenities: Breakfast Area, Fireplace, High Speed Internet, Custom Mirrors, Pantry, Shower Only, Separate Shower, Cable TV
  • Living Area: 1436.0
  • Stories: 1
  • Window Features: Display Window(s), Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, See Remarks
  • Pool Private: No
  • View: River
  • View: Yes
  • Waterfront Features: Navigable Water, River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Patio, Room For Pool
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, Paved, Two Spaces

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Burglar Alarm (Monitored), Key Card Entry, Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 05-44-25-P4-0100B.0180
  • Zoning Description: RS-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5086.0
  • Tax Block: B
  • Tax Lot: 18
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2023
Sold by
Spencer Joely L
Bought by
River 4021 Llc

Purchase Details

Listed on
Oct 29, 2020
Closed on
Mar 3, 2021
Sold by
Abde Llc
Bought by
Spencer Joely
Seller's Agent
Denny Grimes
Keller Williams Realty Naples
Buyer's Agent
Patty Chafatelli
List Price
$399,000
Sold Price
$382,000
Premium/Discount to List
-$17,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Eagleston Brian and Eagleston Del Bianco
Bought by
Abde Llc

Purchase Details

Closed on
Jan 14, 2013
Sold by
Oren Kathryn E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 17, 2003
Sold by
Jacobson Bernard J
Bought by
Oren Paul E and Oren Kathryn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.05%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Weaver Crad William
Bought by
Jacobson Bernard J

Purchase Details

Closed on
Sep 19, 1997
Sold by
Marthinsen Eric N and Marthinsen Carol A
Bought by
Weaver Crad William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,075
Interest Rate
7.56%

Purchase Details

Closed on
May 27, 1994
Sold by
Forehand Jimmie E and Forehand Margaret
Bought by
Marthinsen N Eric and Marthinsen Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.46%
Source: Public Records

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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 $100 None Listed On Document
Warranty Deed $282,000 Attorney
Warranty Deed $151,300 Attorney
Trustee Deed -- None Available
Warranty Deed $400,000 --
Warranty Deed $210,000 --
Warranty Deed $108,500 --
Warranty Deed $126,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $320,000 No Value Available
Previous Owner $103,075 No Value Available
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Pending -- -- --
07/17/2025 07/17/25 Pending -- -- --
06/14/2025 06/14/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $350,000 0.0% --
06/03/2025 06/03/25 For Sale $350,000 0.0% --
02/06/2025 02/06/25 Price Changed $350,000 -30.0% --
10/14/2024 10/14/24 Price Changed $500,000 -18.7% --
08/29/2024 08/29/24 Price Changed $615,000 -1.6% --
06/29/2024 06/29/24 Price Changed $625,000 -3.8% --
04/23/2024 04/23/24 For Sale $650,000 +70.2% --
03/03/2021 03/03/21 Sold $382,000 -4.3% $266 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
10/29/2020 10/29/20 For Sale $399,000 -- $278 / 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 $9,833 $265,553 $265,553 --
2023 $9,833 $525,462 $0 $0
2022 $8,888 $477,693 $389,459 $88,234
2021 $5,610 $273,117 $236,096 $37,021
2020 $5,345 $265,667 $160,500 $105,167
2019 $5,086 $258,401 $160,500 $97,901
2018 $4,586 $205,920 $160,500 $45,420
2017 $4,815 $212,364 $153,000 $59,364
2016 $4,514 $195,205 $166,001 $29,204
2015 $4,487 $192,403 $148,105 $44,298
2014 $4,668 $201,692 $150,697 $50,995
2013 -- $103,800 $93,607 $10,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220068962

Florida Gulf Coast Multiple Listing Service

APN: 05-44-25-P4-0100B.0180