NOT LISTED FOR SALE

488 Pepperwood Ct Marco Island, FL 34145

Estimated Value: $3,216,000 - $3,928,000

4 Beds
4 Baths
3,849 Sq Ft
$902/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $2,000,000 $520 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $21,348/month

236 Days on Market

Highlights

  • 178 Feet of Waterfront
  • Deeded Boat Dock
  • Boat Lift
  • Tommie Barfield Elementary School Rated A
  • Water access To Gulf or Ocean
  • Heated In Ground Pool

About This Home

As of March 2020

Stunning two-story like new custom-built residence is situated on a tip lot with 178 feet of spectacular southwest direct waterfront providing mesmerizing intersecting canal and bay views. Its always 5 oclock on the beautiful lanai. Float in the pool, enjoy a cocktail, watch the boats passing by and observe our beautiful Marco Island sunsets. This four-bedroom, four bath home boasts top-quality finishes throughout with a spacious open living / dining area, den, volume, tray and coffered ceilings, tile flooring throughout downstairs living area, crown molding, impact glass, electric shutters lanai, gas generator, full house water filtration system, alarm system, and workshop. A chefs dream gourmet kitchen with custom cabinetry, gas stove, stainless-steel appliances, warming drawer, stand-alone ice-maker, wine cooler, island, breakfast nook, and large 11x11 walk-in pantry. The family room has a gas fireplace. The gorgeous outdoor living space includes, pool, spa, full summer kitchen, bar, fire-pit, and roll down sun screens. Large dock with 12,000lb lift. New roof and lanai screen in 2018. Newer Seawall. This is Marco Island living at its best!

Last Agent to Sell the Property

Larry Caruso

Premier Sotheby's International Realty License #618700 Listed on: 05/22/2019

Premier Sotheby's International Realty

Last Buyer's Agent

Marilyn Rotkvich

Harborview Realty Inc License #548087

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,116

Year Built

  • Built in 2007

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 42x131x178x112
  • 178 Feet of Waterfront
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Waterfront Tip Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • City Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Bay
  • River

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,849 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Breakfast Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Custom Closet System
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • High Impact Windows

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower
  • Pool Bathroom
  • Screen Enclosure

Outdoor Features

  • Water access To Gulf or Ocean
  • Property fronts gulf or ocean with access to the bay
  • Access to a gulf featuring a boat lift
  • Boat Lift
  • Deeded Boat Dock
  • Access to a Dock
  • Balcony
  • Deck
  • Patio
  • Outdoor Kitchen
  • Lanai

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Marco Island Community
  • Marco Beach Unit 2 Subdivision

Listing and Financial Details

  • Exclusions: Yes
  • Legal Lot and Block 11 / 38
  • Tax Tract Number 16
  • Assessor Parcel Number 56781760008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,116

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 42x131x178x112
  • Subdivision Name: Marco Beach Unit 2
  • Architectural Style: Contemporary, See Remarks
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2007
  • Listing Information:Community: Marco Island
  • Listing Information:Subarea Type: Water Direct
  • Location Tax and Legal:Parcel Number: 56781760008
  • Location Tax and Legal:Tax Annual Amount: 11116.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:Furnished: Furnished
  • General Property Information:AC SqFt: 3849.0
  • General Property Information:Rear Exposure: Southwest
  • General Property Information:Boat Dock: Yes
  • General Property Information:Pool Private YN: Yes
  • General Property Information:HOA YN: No
  • Architectural Style:Contemporary: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Floor:Tile: Yes
  • Location Tax and Legal:Tax Block: 38
  • Location Tax and Legal:Tax Lot: 11
  • General Property Information:Lot Size Dimensions: 42x131x178x112
  • General Property Information:Stories: 2
  • General Property Information:Boat Lift: Yes
  • General Property Information:Spa YN: Yes
  • General Property Information:Acres: 0.33
  • Remarks:Exclusions: Yes
  • General Information Details:Water Front Footage: 178
  • Roof:Tile2: Yes
  • Sewer:Sewer Central: Yes
  • Water Source:Public: Yes
  • Dining Area:Dining-Living Room: Yes
  • Lawn Sprinkler:City2: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Primary Downstairs: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • View:Bay: Yes
  • Private Pool:In-Ground: Yes
  • General Property Information:Vehicle Restriction YN: No
  • Dining Area:Breakfast Room: Yes
  • View:Wide Water: Yes
  • Private Pool:Screen Enclosure: Yes
  • Dock:Deeded: Yes
  • Floor:Carpet: Yes
  • Floor:Wood: Yes
  • Private Pool:Electric Heat: Yes
  • Cooling:Zoned: Yes
  • Private Pool:Pool Bath: Yes
  • View:River: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: Yes
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Ice Maker Stand Alone, Microwave, Range, Refrigerator, Security, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Custom Cabinets, Custom Closets, Entrance Foyer, Fireplace, French Doors, Laundry Tub, Pantry, Pull Down Stairs, Tray Ceiling(s), Volume Ceiling(s), Walk-In Closet(s), Breakfast Bar, Double Vanity
  • Living Area: 3849.0
  • Window Features: Electric Shutters, Impact Windows, Sliding, Window Coverings
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Custom Cabinets: Yes
  • Interior Features:Custom Closets: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Laundry Tub: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Volume Ceiling(s): Yes
  • Interior Features:French Doors: Yes
  • Interior Features:Pull Down Stairs: Yes
  • Appliances:Ice Maker Stand Alone: Yes

Exterior Features

  • Lot Features: See Remarks, Cul-De-Sac, Tip Lot
  • Pool Features: Electric Heat, In-Ground, Pool Bath, Screen Enclosure
  • Pool Private: Yes
  • View: Bay, River, Wide Water
  • Waterfront Features: Bay Front, No Bridge, Seawall, Access Gulf, Access Lift, Access Private Dock
  • Waterfront: Yes
  • Construction Type: Concrete Block Structure, Stucco
  • Exterior Features: Balcony, Deck, Outdoor Kitchen, Outdoor Shower
  • Patio And Porch Features: Lanai, Patio
  • Roof: Tile
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Lanai: Screened
  • Window and Door Features:Sliding: Yes
  • Lot Features:See Remarks10: Yes
  • Patio and Porch Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Outdoor Kitchen: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Tip Lot: Yes
  • Waterfront Features:Bay Front: Yes
  • Waterfront Features:Seawall: Yes
  • Window and Door Features:Electric Shutters: Yes
  • Window and Door Features:Impact Windows: Yes
  • Waterfront Features:Access Gulf: Yes
  • Waterfront Features:Access Lift: Yes
  • Waterfront Features:Access Private Dock: Yes
  • Window and Door Features:Window Coverings: Yes
  • Waterfront Features:No Bridge: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Sewer: Sewer Central
  • Water Source: Public
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Amenities:None3: Yes

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 56781760008
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11116.0
  • Tax Block: 38
  • Tax Book Number: 2723
  • Tax Lot: 11
  • Tax Tract: 16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Mar 2, 2020
Sold by
Mammel Richard F and Peck Cara Jo
Bought by
Reich Kirk W and Kirk W Reich Trust
Seller's Agent
Larry Caruso
Premier Sotheby's International Realty
Buyer's Agent
Marilyn Rotkvich
Harborview Realty Inc
List Price
$2,270,000
Sold Price
$2,000,000
Premium/Discount to List
-$270,000
-11.89%
Current Estimated Value
$3,637,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,637,633
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Sep 15, 2000
Sold by
Mammel Richard F and Peck Cara Jo
Bought by
Mammel Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
8.05%

Purchase Details

Closed on
Sep 13, 2000
Sold by
Caruso Lawrence
Bought by
Mammel Richard F and Peck Cara Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
8.05%

Purchase Details

Closed on
Mar 15, 2000
Sold by
Lambrecht Charles A and Lambrecht Marjorie S
Bought by
Caruso Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.37%
Source: Public Records

Range of Values:

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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
Reich Kirk W $2,000,000 Attorney
Mammel Richard F -- --
Mammel Richard F $595,000 --
Caruso Lawrence $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mammel Richard F $69,500
Previous Owner Mammel Richard F $365,000
Previous Owner Mammel Richard F $365,000
Previous Owner Caruso Lawrence $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $2,000,000 -11.9% $520 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
05/22/2019 05/22/19 For Sale $2,270,000 -- $590 / Sq Ft
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
2024 $20,176 $2,223,850 -- --
2023 $20,176 $2,159,078 $0 $0
2022 $21,091 $2,096,192 $1,067,574 $1,028,618
2021 $16,864 $1,537,653 $554,286 $983,367
2020 $14,081 $1,287,726 $587,972 $699,754
2019 $11,308 $1,049,848 $0 $0
2018 $11,116 $1,030,273 $0 $0
2017 $11,013 $1,009,082 $0 $0
2016 $10,906 $988,327 $0 $0
2015 $11,129 $981,457 $0 $0
2014 $11,160 $923,668 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2191407

APN: 56781760008