NOT LISTED FOR SALE

409 Palmetto Ave Unit 1 Lehigh Acres, FL 33972

Richmond Neighborhood

Estimated Value: $425,000 - $537,000

4 Beds
2 Baths
2,427 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 409 Palmetto Ave Unit 1, Lehigh Acres, FL 33972 and is currently estimated at $469,665, approximately $193 per square foot. 409 Palmetto Ave Unit 1 is a home located in Lee County with nearby schools including Lehigh Elementary School, Gateway Elementary School, and The Alva School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Florida International Business
Bought by
George Sommer and Holloway Jermain
Current Estimated Value
$469,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Outstanding Balance
$29,363
Interest Rate
3.73%
Estimated Equity
$440,302

Purchase Details

Closed on
Feb 18, 2011
Sold by
Fannie Mae
Bought by
George Sommer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,465
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2010
Sold by
Hernandez Gustavo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 28, 2007
Sold by
Lambertucci Paul Felice and Lambertucci Linda M
Bought by
Hernandez Gustavo and Hernandez Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2002
Sold by
Branam Fred and Branam Maria Consuelo
Bought by
Lambertucci Paul Felice and Lambertucci Linda M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
George Sommer -- --
George Sommer $100,000 Attorney
Federal National Mortgage Association $60,100 None Available
Hernandez Gustavo $318,000 Florida Title One Llc
Lambertucci Paul Felice $16,000 --
Felice Paul $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Sommer $37,000
Closed George Sommer --
Previous Owner George Sommer $97,465
Previous Owner Hernandez Gustavo $302,100
Previous Owner George Sommer $120,000
Source: Public Records

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
2025 $2,947 $201,657 -- --
2024 $2,946 $195,974 -- --
2023 $2,946 $190,266 $0 $0
2022 $2,710 $184,724 $0 $0
2021 $2,544 $344,158 $34,409 $309,749
2020 $1,701 $110,637 $0 $0
2019 $1,634 $108,150 $0 $0
2018 $1,596 $106,133 $0 $0
2017 $1,556 $103,950 $0 $0
2016 $1,510 $179,877 $22,728 $157,149
2015 $1,381 $149,213 $12,137 $137,076
2014 $1,351 $133,011 $10,476 $122,535
2013 -- $90,330 $9,577 $80,753
Source: Public Records

Map

Florida Lee County Lehigh Acres 33972 Richmond

409 Palmetto Ave Unit 1, Lehigh Acres, FL

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