NOT LISTED FOR SALE

4827 Pine Island Rd NW Matlacha, FL 33993

Estimated Value: $391,000 - $693,000

2 Beds
1 Bath
1,166 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $529,000 $454 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,172/month

103 Days on Market

Highlights

  • Home fronts a seawall
  • Access to Bay or Harbor
  • No HOA
  • Cape Coral High School Rated A-
  • Bay View
  • Balcony

About This Home

As of August 2023

Direct Gulf Access!!! Last price improvement! Great Investment! Gorgeous View!!! Newly Updated! Watch the sunsets from your private rooftop!! Priced to sell! The View does not get better than this on the main strip of the historical fishing village of Matlacha. Come enjoy the view of beautiful sunsets and the direct gulf access right from your backyard. Property was being used as an investment rental. Can be used as an investment property and/or live in it or open up your own professional office or boating and sightseeing tour business or kayak tours etc... Bring your imagination to this historical island living bungalow full of possibilities for your boating and island hoping dreams... Bring all Offers!

Last Agent to Sell the Property

Sandra Varela

LPT Realty, LLC License #258031248 Listed on: 05/16/2023

LPT Realty, LLC

Last Buyer's Agent

Sandra Varela

LPT Realty, LLC License #258031248 Listed on: 05/16/2023

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,751

Year Built

  • Built in 1946

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 100 x 40 x 40 x 100
  • Home fronts a seawall
  • North Facing Home
  • Rectangular Lot
  • Property is zoned C-1

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Double Hung Windows
  • Open Floorplan
  • Tile Flooring
  • Bay Views

Kitchen

  • Electric Cooktop
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Access to Bay or Harbor
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Association fees include road maintenance, sewer, trash, water
  • Matlacha Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 3
  • Assessor Parcel Number 24-44-22-01-00003.0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,751

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Lot Size: 100 x 40 x 40 x 100
  • Ownership: Single Family
  • Subdivision Name: MATLACHA
  • Directions: from Cape Coral take Veterans Pkwy NW, then right on Pine island Rd NW and property will be on your right side after the second bridge on Matlacha
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1946
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Electric Cooktop, Freezer, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Family/Dining Room, Living/Dining Room, Tub Shower
  • Living Area: 1166.0
  • Stories: 1
  • Window Features: Double Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Seawall
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: North
  • Exterior Features: Outdoor Shower
  • Patio And Porch Features: Balcony
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Road Maintenance, Sewer, Trash, Water

Lot Info

  • Parcel #: 24-44-22-01-00003.0240
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6750.7
  • Tax Block: 3
  • Tax Lot: 24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Aug 31, 2023
Sold by
Dellabitta Ashley
Bought by
Forrest Gregory K and Forrest Sharon L
Seller's Agent
Sandra Varela
LPT Realty, LLC
Buyer's Agent
Sandra Varela
LPT Realty, LLC
List Price
$679,000
Sold Price
$529,000
Premium/Discount to List
-$150,000
-22.09%
Views
123
Current Estimated Value
$556,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,924
Avg. Annual Appreciation
2.27%

Purchase Details

Listed on
Feb 16, 2021
Closed on
Dec 31, 2021
Sold by
Krohse Calvin D and Krohse Linda Lou
Bought by
Dellabitta Ashley
Seller's Agent
Staci Stevens
Castaways Island Realty LLC
Buyer's Agent
Sandra Varela
LPT Realty, LLC
List Price
$529,990
Sold Price
$485,000
Premium/Discount to List
-$44,990
-8.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.34%
Original Mortgage
$388,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2019
Sold by
Krohse Calvin D and Krohse Linda Lou
Bought by
Krohse Calvin D and Krohse Linda Lou

Purchase Details

Closed on
Dec 7, 2004
Sold by
Krohse Calvin and Krohse Linda
Bought by
Krohse Calvin D
Source: Public Records

Range of Values:

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Average Value
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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
Forrest Gregory K $529,000 Fidelity National Title Of Flo
Dellabitta Ashley $485,000 Florida Hometown T&E Llc
Krohse Calvin D -- Attorney
Krohse Calvin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dellabitta Ashley $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $529,000 -0.2% $454 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
07/31/2023 07/31/23 Price Changed $529,900 -3.6% $454 / Sq Ft
07/24/2023 07/24/23 Price Changed $549,900 -4.4% $472 / Sq Ft
07/19/2023 07/19/23 Price Changed $575,000 -3.4% $493 / Sq Ft
07/15/2023 07/15/23 Price Changed $595,000 -0.7% $510 / Sq Ft
06/15/2023 06/15/23 Price Changed $599,000 -4.9% $514 / Sq Ft
06/08/2023 06/08/23 Price Changed $629,900 -3.1% $540 / Sq Ft
05/24/2023 05/24/23 Price Changed $649,900 -4.3% $557 / Sq Ft
05/16/2023 05/16/23 For Sale $679,000 +40.0% $582 / Sq Ft
12/31/2021 12/31/21 Sold $485,000 -8.5% $416 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $529,990 -- $455 / 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 $1,155 $197,896 $197,886 $10
2023 $1,155 $77,832 $77,822 $10
2022 $6,751 $442,788 $157,683 $285,105
2021 $1,018 $302,268 $131,269 $170,999
2020 $999 $112,085 $0 $0
2019 $819 $109,565 $0 $0
2018 $812 $107,522 $0 $0
2017 $797 $105,310 $0 $0
2016 $782 $218,189 $113,316 $104,873
2015 $738 $202,002 $111,558 $90,444
2014 -- $194,701 $110,757 $83,944
2013 -- $193,597 $143,465 $50,132
Source: Public Records

Agents Affiliated with this Home

  • Sandra Varela

    Seller's Agent in 2023

    Sandra Varela

    LPT Realty, LLC

    (239) 699-4286

    4 in this area

    32 Total Sales

    Section Image
  • Staci Stevens

    Seller's Agent in 2021

    Staci Stevens

    Castaways Island Realty LLC

    (239) 728-1728

    2 in this area

    30 Total Sales

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223036826

Florida Gulf Coast Multiple Listing Service

APN: 24-44-22-01-00003.0240

Florida Lee County Matlacha 33993

4827 Pine Island Rd NW, Matlacha, FL

This home is located at 4827 Pine Island Rd NW, Matlacha, FL 33993 since 16 May 2023 and is currently estimated at $493,263, approximately $423 per square foot. This property was built in 1946. 4827 Pine Island Rd NW is a home located in Lee County with nearby schools including Pine Island Elementary School, Trafalgar Middle School, and Gulf Middle 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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