NOT LISTED FOR SALE

4241 Pine Island Rd NW Matlacha, FL 33993

Burnt Store Neighborhood

Estimated Value: $355,910 - $410,000

0.16 Acre
$2,348,951 Price per Acre
7,144 Sq Ft Lot

Last Sold February 13, 2024

Last sale price $380,000 $406 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,282/month

83 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Bay View
  • Cape Elementary School Rated A-
  • Access to Bay or Harbor

About This Lot

As of February 2024

Unique Opportunity to Invest in a Matlacha Bayfront Property. Formerly was a single family residence that was damaged in the Hurricane. Zoned C-1. There is an inground pool on the property. The DEP has issued the regulatory permit to rebuild 2,869 square foot commercial dock in the same footprint prior to being damaged by Hurricane Ian. The dock is approved for 7 boat slips.

Last Agent to Sell the Property

Susan Larned

Gulf Access Realty Inc License #258012467 Listed on: 11/21/2023

Last Buyer's Agent

Susan Larned

Gulf Access Realty Inc License #258012467 Listed on: 11/21/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,259

Lot Details

  • 7,144 Sq Ft Lot
  • Lot Dimensions are 69 x 101 x 77 x 111
  • Home fronts navigable water
  • Northeast Facing Home
  • Irregular Lot
  • Property is zoned C-1

Property Views

  • Bay Views

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 24-44-22-01-00001.0240

Community Details

Overview

  • Matlacha Subdivision

Recreation

  • Boat Dock
  • Access to Bay or Harbor
  • Mangrove Front

Property Details

Property Type

Land

Est. Annual Taxes

$3,259

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.164
  • Lot Size: 69 x 101 x 77 x 111
  • Road Surface Type: Paved
  • Subdivision Name: MATLACHA
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Irregular Lot
  • View: Bay, Mangroves
  • View: Yes
  • Waterfront Features: Bay Access, Mangrove, Navigable Water
  • Waterfront: Yes
  • Direction Faces: Northeast

Utilities

  • Cooling: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity 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: Other, See Remarks
  • Parcel #: 24-44-22-01-00001.0240
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3259.0
  • Tax Block: 1
  • Tax Lot: 24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Feb 13, 2024
Sold by
Shelley Wheeler Vacation Rentals Llc
Bought by
Mccann Faintly Trust and Hope
Seller's Agent
Susan Larned
Gulf Access Realty Inc
Buyer's Agent
Susan Larned
Gulf Access Realty Inc
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
33
Current Estimated Value
$369,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,164
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
May 26, 2020
Sold by
Wheeler Shelley W
Bought by
Shelley Wheeler Vacation Rentals Llc

Purchase Details

Closed on
Jun 26, 2013
Sold by
Mcewan Richard P
Bought by
Wheeler Shelley

Purchase Details

Closed on
Jun 2, 2000
Sold by
Mcduffie Carolyn B and Mcduffie Russell A
Bought by
Mcewan Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
8.11%

Purchase Details

Closed on
Sep 30, 1993
Sold by
Champlin Richard T and Champlin Linda G
Bought by
Embroidery Svc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.9%
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
Mccann Faintly Trust $380,000 None Listed On Document
Shelley Wheeler Vacation Rentals Llc -- Attorney
Wheeler Shelley $280,000 Title Junction Llc
Mcewan Richard P $294,000 --
Embroidery Svc Inc $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcewan Richard P $417,000
Previous Owner Mcewan Richard P $288,000
Previous Owner Embroidery Svc Inc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Pending -- -- --
02/13/2024 02/13/24 Sold $380,000 -3.8% $406 / Sq Ft
11/21/2023 11/21/23 For Sale $395,000 -- $422 / 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 $3,396 $228,753 $220,888 --
2023 $3,396 $228,753 $220,888 $0
2022 $7,618 $447,499 $0 $0
2021 $6,550 $406,817 $205,110 $201,707
2020 $6,610 $406,179 $104,400 $301,779
2019 $6,370 $396,484 $104,400 $292,084
2018 $6,145 $396,490 $104,400 $292,090
2017 $5,611 $340,767 $94,900 $245,867
2016 $5,012 $282,572 $156,931 $125,641
2015 $4,743 $272,499 $153,340 $119,159
2014 -- $270,297 $152,418 $117,879
2013 -- $256,800 $171,737 $85,063
Source: Public Records

Agents Affiliated with this Home

  • Susan Larned

    Seller's Agent in 2024

    Susan Larned

    Gulf Access Realty Inc

    (239) 424-0133

    6 in this area

    29 Total Sales

    Susan Larned
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223086572

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-01-00001.0240

Florida Lee County Matlacha 33993 Burnt Store

4241 Pine Island Rd NW, Matlacha, FL

This home is located at 4241 Pine Island Rd NW, Matlacha, FL 33993 since 21 November 2023 and is currently estimated at $385,228, approximately $411 per square foot. 4241 Pine Island Rd NW is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek Elementary School.

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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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