NOT LISTED FOR SALE

5315 Summerlin Rd Unit 1503 Fort Myers, FL 33919

South Fort Myers Neighborhood

Estimated Value: $98,404 - $120,000

1 Bed
1 Bath
810 Sq Ft
$275/mo HOA Fee

Last Sold March 29, 2021

Last sale price $61,500 $76 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $911/month

9 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Balcony
  • Fort Myers High School Rated A
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of March 2021

GREAT 1/1 unit first floor, vacant ready to move in or lease for investment(no wait time). Located in Historic Ft Myers near Sanibel and Captiva beaches. Quiet gated community has amenities such as pool, tennis court. Easy to show on lockbox. Realtor call for code.

Last Agent to Sell the Property

Julio Chalmeta

FINKA REALTY GROUP LLC License #473177 Listed on: 01/19/2021

Last Buyer's Agent

Julio Chalmeta

FINKA REALTY GROUP LLC License #473177 Listed on: 01/19/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $925

Year Built

  • Built in 1985

Lot Details

  • 5,881

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 810 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1503 / 3715
  • Assessor Parcel Number 11-45-24-P1-03715.1503

Community Details

Overview

  • Association fees include ground maintenance, pool maintenance
  • Marie Cardinale Association, Phone Number (239) 275-0688
  • Mystic Gardens Condo Subdivision
  • Association Approval Required

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$925

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 810.00
  • Year Built: 1985
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5918023?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5918023?w=Customer
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5918023?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1042358
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Floor Number: 1
  • Levels: One
  • Stories: 2
  • Living Area Meters: 75.25

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Shingle
  • Flood Zone Code: X

Garage/Parking

  • Parking Features: Open

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated Community, Pool, Tennis Courts
  • Pet Restrictions: RESTRICTIONS TO BE VERIFIED WITH HOA BY BUYER
  • Building Name Number: 5315
  • Max Pet Weight: 25
  • Monthly HOA Fees: 275.00
  • Pet Size: Small (16-35 Lbs.)
  • Association Approval Required: Yes
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: MARIE CARDINALE
  • Phone: 239-275-0688
  • Association: Yes

Fee Information

  • Total Annual Fees: 3300.00
  • Total Monthly Fees: 275.00

Lot Info

  • Zoning: RES
  • Parcel Number: 11-45-24-P1-03715.1503

Rental Info

  • Minimum Lease: 8-12 Months
  • Additional Lease Restrictions: RESTRICTIONS TO BE VERIFIED WITH HOA BY BUYER
  • Pets Allowed: Yes

Multi Family

  • Approval Process: $125/PERSON HOA APPLICATION FEE

Tax Info

  • Tax Annual Amount: 925.12
  • Tax Block: 3715
  • Tax Book Number: 0000/0000
  • Tax Lot: 1503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 26, 2021
Sold by
Abundance Infiniti Llc
Bought by
Fernandez Gerardo
Seller's Agent
Julio Chalmeta
FINKA REALTY GROUP LLC
Buyer's Agent
Julio Chalmeta
FINKA REALTY GROUP LLC
List Price
$63,000
Sold Price
$61,500
Premium/Discount to List
-$1,500
-2.38%
Current Estimated Value
$109,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,601
Avg. Annual Appreciation
13.09%

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 7, 2017
Sold by
Encyclia Llc
Bought by
Abundance Infiniti Llc
Seller's Agent
Andy Finkelberg
FINKA REALTY GROUP LLC
Buyer's Agent
Andy Finkelberg
FINKA REALTY GROUP LLC
List Price
$45,000
Sold Price
$44,000
Premium/Discount to List
-$1,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Dec 15, 2010
Sold by
Mystic Gardens Investments Llc
Bought by
Encyclia Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandez Gerardo $61,500 Security Ttl & Abstract Llc
Abundance Infiniti Llc $44,000 Attorney
Encyclia Llc $36,600 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2021 03/29/21 Sold $61,500 -2.4% $76 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $63,000 +43.2% $78 / Sq Ft
02/13/2018 02/13/18 Off Market $44,000 -- --
11/15/2017 11/15/17 Sold $44,000 -2.2% $54 / Sq Ft View Prior Sale
10/16/2017 10/16/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $45,000 -- $56 / Sq Ft
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
2025 $725 $81,558 -- $81,558
2024 $684 $88,011 -- --
2023 $684 $85,448 $0 $0
2022 $675 $85,679 $0 $85,679
2021 $1,067 $48,045 $0 $48,045
2020 $925 $45,220 $0 $45,220
2019 $859 $39,568 $0 $39,568
2018 $786 $32,300 $0 $32,300
2017 $797 $32,300 $0 $32,300
2016 $772 $30,539 $0 $30,539
2015 $766 $30,500 $0 $30,500
2014 -- $32,130 $0 $32,130
2013 -- $31,100 $0 $31,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5918023

Stellar MLS

APN: 11-45-24-P1-03715.1503