NOT LISTED FOR SALE

481 Elk Cir Marco Island, FL 34145

Estimated Value: $1,232,000 - $2,167,000

0.21 Acre
$8,208,619 Price per Acre
9,148 Sq Ft Lot

Last Sold January 22, 2020

Last sale price $131,000

Est. 1,173% increase in value since last sale

Current estimated payment $9,576/month

606 Days on Market

About This Lot

As of January 2020

Great location to build your dream home. Near beaches, shopping and eateries.SELLER FINANCING AVAILABLE WITH 30% DOWN

Last Agent to Sell the Property

Greg Henderson

Keller Williams Marco Realty License #558905 Listed on: 08/23/2019

Keller Williams Marco Realty

Last Buyer's Agent

Ted Busch

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,454

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 82x112x82x112
  • Inland Waterway

Location

  • City Lot

Community Details

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 11 Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 371
  • Assessor Parcel Number 57938120005

Property Details

Property Type

Land

Est. Annual Taxes

$1,454

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Lot
  • Lot Size Acres: 0.21
  • Lot Size: 82x112x82x112
  • Road Surface Type: Paved
  • Subdivision Name: Marco Beach Unit 11
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Inland
  • Location Tax and Legal:Parcel Number: 57938120005
  • Location Tax and Legal:Tax Annual Amount: 1454.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:HOA YN: No
  • Location Tax and Legal:Tax Block: 371
  • Location Tax and Legal:Tax Lot: 11
  • General Property Information:Lot Size Dimensions: 82x112x82x112
  • General Property Information:Acres: 0.21
  • Water Source:Public: Yes
  • General Property Information:Land Lease YN2: No
  • Road Surface:Paved: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Trash Removal: Yes
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Build To Suit

Exterior Features

  • Lot Features: City Lot
  • View: None
  • Waterfront Features: None
  • Waterfront: No
  • Waterfront Features:None2: Yes
  • Lot Features:City Lot: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 57938120005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1454.0
  • Tax Block: 371
  • Tax Book Number: 4960
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jan 22, 2020
Sold by
Lacava Franklin G and Lacava Lynette M
Bought by
Miller David E and Miller Tracie L
Seller's Agent
Greg Henderson
Keller Williams Marco Realty
Buyer's Agent
Ted Busch
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA REALTY
List Price
$159,900
Sold Price
$131,000
Premium/Discount to List
-$28,900
-18.07%
Current Estimated Value
$1,667,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,536,453
Avg. Annual Appreciation
56.43%

Purchase Details

Closed on
Apr 19, 2018
Sold by
Lacava Franklin and Lacava Ii Franklin G
Bought by
Lavcava Ii Franklin G and Lavcava Lynnette M

Purchase Details

Closed on
Aug 26, 2013
Sold by
Lacava John Michael and Lacava Lucy Kate
Bought by
Lacava Franklin

Purchase Details

Listed on
Jan 23, 2013
Closed on
May 2, 2013
Sold by
Renkel Frank
Bought by
Lacava John and Lacava Lucy
Seller's Agent
Wendy Mccarty
Keller Williams Marco Realty
Buyer's Agent
Larry Caruso
RE/MAX Alliance Group
List Price
$124,900
Sold Price
$95,000
Premium/Discount to List
-$29,900
-23.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.12%

Purchase Details

Closed on
Apr 15, 2006
Sold by
Showball Properties
Bought by
Renkel Frank and Frank Renkel Revocable Trust

Purchase Details

Closed on
Nov 4, 2003
Sold by
P C Burke Corp
Bought by
Snowball Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.03%

Purchase Details

Closed on
Jan 30, 2003
Sold by
Keutmann Thomas K and Keutmann Linda L
Bought by
P C Burke Corp

Purchase Details

Closed on
Oct 12, 2001
Sold by
Jerde Amy E
Bought by
Keutmann Linda L and Keutmann Thomas K

Purchase Details

Closed on
Jan 15, 2001
Sold by
Rackmil Bruce and Rackmil Diane
Bought by
Jerde Amy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.44%

Purchase Details

Closed on
Mar 3, 2000
Sold by
Beuke Clarenece C and Beuke Elaine L
Bought by
Rackmil Bruce and Rackmill Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.3%
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
Miller David E $131,000 Attorney
Lavcava Ii Franklin G -- Attorney
Lacava Franklin -- None Available
Lacava John $95,000 Island Title 5 Star Agency L
Renkel Frank $260,000 Attorney
Snowball Prop $160,500 --
P C Burke Corp -- --
Keutmann Linda L $115,000 --
Jerde Amy E $104,000 --
Rackmil Bruce $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snowball Prop $67,200
Previous Owner Jerde Amy E $72,800
Previous Owner Rackmil Bruce $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2020 01/22/20 Sold $131,000 -18.1% --
01/02/2020 01/02/20 Pending -- -- --
05/05/2018 05/05/18 For Sale $159,900 +68.3% --
05/02/2013 05/02/13 Sold $95,000 -23.9% -- View Prior Sale
04/08/2013 04/08/13 Pending -- -- --
10/25/2011 10/25/11 For Sale $124,900 -- --
Source: Marco Island Area 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
2025 $9,977 $1,050,665 -- --
2024 $2,550 $955,150 -- --
2023 $2,550 $154,509 $0 $0
2022 $2,425 $140,463 $0 $0
2021 $1,382 $127,694 $127,694 $0
2020 $1,366 $126,911 $126,911 $0
2019 $1,392 $126,911 $126,911 $0
2018 $1,454 $116,796 $0 $0
2017 $1,567 $106,178 $0 $0
2016 $1,315 $96,525 $0 $0
2015 $1,302 $87,750 $0 $0
2014 $936 $79,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2181350

APN: 57938120005