4937 Royal Palm Dr Estero, FL 33928
Pelican Sound Neighborhood
2
Beds
2
Baths
1,530
Sq Ft
10,324
Sq Ft Lot
Highlights
- River Access
- Above Ground Spa
- Fruit Trees
- Fort Myers High School Rated A
- Open Floorplan
- Vaulted Ceiling
About This Home
As of August 2024MOTIVATED SELLER!
Welcome to 4937 Royal Palm Dr, Estero, FL 33928, a beautifully renovated single-family home offering 1,530 sq ft of living space. This charming residence, built in 1978, features 2 bedrooms and 2 bathrooms. The home recently sustained water damage from Hurricane Ian, but the owner has diligently restored much of the property. Updates include new porcelain tile flooring throughout the house, modernized electric systems, drywall, new appliances, and a new water heater. The property boasts a 280-foot deep well with a full Reverse Osmosis (RO) system in a backyard storage building for added convenience. A 5-year-old metal roof provides durability and long-term protection. While the kitchen cabinets have yet to be installed, this open floor plan home provides a perfect canvas for investors or home buyers to complete according to their preferences. Located in the desirable Estero River Heights neighborhood, this property offers comfort and potential, making it an excellent investment opportunity. Current home value estimates reflect the substantial upgrades already completed. Don’t miss the chance to own this updated and versatile home in Estero, FL, ready for your finishing touches.
Last Agent to Sell the Property
COLDWELL BANKER RESIDENTIAL RE Brokerage Phone: 239-262-7131 License #3490461 Listed on: 07/15/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,734
Year Built
- Built in 1978
Lot Details
- 10,324 Sq Ft Lot
- Lot Dimensions are 86x125x79x124
- Northeast Facing Home
- Fruit Trees
- Property is zoned RS-1
HOA Fees
- $19 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Fixer Upper
- Metal Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,530 Sq Ft Home
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Eco-Friendly Details
- Whole House Water Purification
Outdoor Features
- Above Ground Spa
- River Access
- Covered patio or porch
- Outdoor Storage
- Private Mailbox
Schools
- Three Oaks Elementary School
- Lexington Middle School
- Estero High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / 8
- Assessor Parcel Number 29-46-25-E4-02008.0070
Community Details
Overview
- Visit Association Website
- Estero River Heights Subdivision
- The community has rules related to allowable golf cart usage in the community
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Aug 23, 2024
Sold by
Miller Michael W
Bought by
4937 Royal Palm Drive Llc
Seller's Agent
Laura Rimkus
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$429,700
Sold Price
$360,000
Premium/Discount to List
-$69,700
-16.22%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.92%
Purchase Details
Closed on
Jun 8, 2016
Sold by
Weidner Aharon S
Bought by
Miller Michael W
Purchase Details
Closed on
Oct 4, 2007
Sold by
Huber Marion G and Huber Delbert E
Bought by
Weidner Aharon S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
6.49%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $360,000 | Heights Title | |
| Warranty Deed | $240,000 | None Available | |
| Warranty Deed | $230,000 | First Title Of Sw Fl Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $214,500 | New Conventional | |
| Previous Owner | $223,100 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $490,000 | -1.0% | $320 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $495,000 | -2.9% | $324 / Sq Ft |
| 05/14/2025 05/14/25 | Price Changed | $510,000 | -3.6% | $333 / Sq Ft |
| 04/27/2025 04/27/25 | Price Changed | $529,000 | -0.9% | $346 / Sq Ft |
| 04/14/2025 04/14/25 | Price Changed | $534,000 | -0.9% | $349 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $539,000 | -1.8% | $352 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $549,000 | +52.5% | $359 / Sq Ft |
| 08/23/2024 08/23/24 | Sold | $360,000 | -9.8% | $235 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | Price Changed | $399,000 | -2.6% | $261 / Sq Ft |
| 07/22/2024 07/22/24 | Price Changed | $409,500 | -4.7% | $268 / Sq Ft |
| 07/15/2024 07/15/24 | For Sale | $429,700 | -- | $281 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,203 | $284,812 | -- | -- |
| 2023 | $4,734 | $258,920 | $0 | $0 |
| 2022 | $3,537 | $235,382 | $0 | $0 |
| 2021 | $3,166 | $216,673 | $72,010 | $144,663 |
| 2020 | $3,086 | $216,402 | $67,300 | $149,102 |
| 2019 | $2,713 | $176,846 | $68,000 | $108,846 |
| 2018 | $2,762 | $176,845 | $85,000 | $91,845 |
| 2017 | $2,816 | $176,035 | $59,500 | $116,535 |
| 2016 | $1,004 | $138,796 | $59,500 | $79,296 |
| 2015 | $1,013 | $139,307 | $55,000 | $84,307 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Braaten
Seller's Agent in 2025
Kimberly Braaten
Marzucco Real Estate
(239) 238-7947
1 in this area
8 Total Sales
-
Laura Rimkus
Seller's Agent in 2024
Laura Rimkus
COLDWELL BANKER RESIDENTIAL RE
(239) 338-7558
1 in this area
29 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2024
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: T3541774
APN: 29-46-25-E4-02008.0070
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