NOT LISTED FOR SALE

Estimated Value: $4,798,000 - $6,638,000

0.25 Acre
$23,708,568 Price per Acre
10,890 Sq Ft Lot

Last Sold July 01, 2020

Last sale price $1,500,000

Est. 295% increase in value since last sale

Current estimated payment $36,204/month

242 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 5-minute walk to Sam Murphy Park
  • North Fort Myers High School Rated A

About This Lot

As of July 2020

This fantastic building site is located in the heart of historic Boca Grande. This is one of the last opportunities to build from scratch without having to manage a difficult and costly historic renovation. Come and build your dream home on the perfect site which is walking distance to everything that makes Boca Grande special.

Last Agent to Sell the Property

Brett Hendricks

MICHAEL SAUNDERS & CO. - BOCA License #595691 Listed on: 09/12/2019

MICHAEL SAUNDERS & CO. - BOCA

Last Buyer's Agent

Brett Hendricks

MICHAEL SAUNDERS & CO. - BOCA License #595691 Listed on: 09/12/2019

MICHAEL SAUNDERS & CO. - BOCA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,261

Lot Details

  • 0.25 Acre Lot
  • Property is zoned RS-1

Community Details

  • No Home Owners Association
  • Boca Grande Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 23
  • Assessor Parcel Number 14-43-20-01-00023.0130

Property Details

Property Type

Land

Est. Annual Taxes

$9,261

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10934
  • Directions to Property: Boca Grande Cswy to 5th St. Left on 5th then right on Lee Ave. Property is on right hand side.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Call Center Phone Number: 866-862-7777
  • Ratio: Close Price\List Price: 0.79156
  • Price per Sq Ft: 137.19
  • Close to Original List Price Ratio: 0.71429
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 441

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 118
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12071C0019F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Available
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RS-1
  • Parcel Number: 14-43-20-01-00023.0130
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: Irregular
  • Price Per Acre: 6000000
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 9261
  • Tax Block: 23
  • Tax Book Number: 7-61
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Jul 1, 2020
Sold by
Busch Marvin P and Busch Margaret M
Bought by
Gilligan Louis F and The Louis F Gilligan Trust
Seller's Agent
Brett Hendricks
MICHAEL SAUNDERS & CO. - BOCA
Buyer's Agent
Brett Hendricks
MICHAEL SAUNDERS & CO. - BOCA
List Price
$2,100,000
Sold Price
$1,500,000
Premium/Discount to List
-$600,000
-28.57%
Current Estimated Value
$5,927,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,427,142
Avg. Annual Appreciation
30.22%

Purchase Details

Closed on
Aug 6, 2009
Sold by
Jtl Lee St Llc
Bought by
Bush Marvin P and Bush Margaret M

Purchase Details

Closed on
Oct 23, 2007
Sold by
Lykes J T
Bought by
Jtl Lee St Llc
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
Gilligan Louis F $1,500,000 Attorney
Bush Marvin P $650,000 Attorney
Jtl Lee St Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louis F Gilligan Trust $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $1,500,000 -20.8% --
05/11/2020 05/11/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $1,895,000 -9.8% --
09/12/2019 09/12/19 For Sale $2,100,000 -- --
Source: Stellar MLS

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 $49,912 $3,965,500 -- --
2023 $56,641 $4,460,990 $0 $0
2022 $18,277 $1,210,000 $0 $0
2021 $14,548 $1,100,000 $1,100,000 $0
2020 $9,681 $776,250 $776,250 $0
2019 $9,310 $776,250 $776,250 $0
2018 $9,088 $776,250 $776,250 $0
2017 $8,311 $675,000 $675,000 $0
2016 $6,587 $450,000 $450,000 $0
2015 $6,726 $450,000 $450,000 $0
2014 $6,597 $450,000 $450,000 $0
2013 -- $388,800 $388,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: D6108512

Stellar MLS

APN: 14-43-20-01-00023.0130