NOT LISTED FOR SALE

5438 Avenue E Pine Island Center, FL 33922

Estimated Value: $31,000 - $247,000

0.24 Acre
$369,190 Price per Acre
10,324 Sq Ft Lot

Last Sold July 26, 2023

Last sale price $37,000

Est. 136% increase in value since last sale

Current estimated payment $492/month

144 Days on Market

About This Lot

As of July 2023

Cleared vacant lot ready for your new duplex or single family home. Conveniently located in the island center, close to Lee County Library, Phillips Park complex, municipal pool, museum, shopping and dining. Avenue E has a sidewalk that runs the length of the street for your walking and biking pleasure and makes it easy to reach the Stringfellow Road walking and biking trail. Great lot for investment property! Build a new duplex, live in one side and rent out the other for an income producing asset!

Last Agent to Sell the Property

Marian Faulkner

Century 21 Sunbelt Realty License #258019087 Listed on: 02/23/2023

Century 21 Sunbelt Realty

Co-Listed By

John Faulkner

Century 21 Sunbelt Realty License #258019269

Last Buyer's Agent

Marian Faulkner

Century 21 Sunbelt Realty License #258019087 Listed on: 02/23/2023

Century 21 Sunbelt Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $257

Lot Details

  • 10,324 Sq Ft Lot
  • Southwest Facing Home
  • Rectangular Lot
  • Property is zoned TFC2

Utilities

  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Pine Island Center Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / E
  • Assessor Parcel Number 28-44-22-05-0000E.0100

Property Details

Property Type

Land

Est. Annual Taxes

$257

Lot Details

10,324 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.237
  • Co List Office Mls Id: FISL
  • Co List Office Phone: 239-283-1100
  • Subdivision Name: PINE ISLAND CENTER
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Partial Buildings
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: Southwest

Utilities

  • Cooling: See Remarks
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available, Sewer Not Available
  • Water Source: Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Other
  • Parcel #: 28-44-22-05-0000E.0100
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 256.93
  • Tax Block: E
  • Tax Lot: 10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jul 26, 2023
Sold by
Cashbuyonly Llc
Bought by
St John Ryan
Seller's Agent
Marian Faulkner
Century 21 Sunbelt Realty
Buyer's Agent
Marian Faulkner
Century 21 Sunbelt Realty
List Price
$42,500
Sold Price
$37,000
Premium/Discount to List
-$5,500
-12.94%
Views
74
Current Estimated Value
$87,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,498
Avg. Annual Appreciation
39.06%

Purchase Details

Closed on
Feb 14, 2023
Sold by
Bennett William F and Bennett Barbara
Bought by
Cashbuy Only Llc

Purchase Details

Closed on
May 20, 2016
Sold by
Moore Erick K
Bought by
Jervis Carl and Berreiter Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2005
Sold by
Haughn Properties Llc
Bought by
Bennett William F and Bennett Barbara

Purchase Details

Closed on
Sep 1, 2004
Sold by
Boumenot John A
Bought by
Haughn Properties Llc

Purchase Details

Closed on
Sep 16, 1991
Sold by
Hedman Carl A
Bought by
Hedman Glenn C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
St John Ryan $37,000 Landing Title
Cashbuy Only Llc $20,000 Landing Title
Jervis Carl $95,100 Florida Hometown Title & Esc
Bennett William F $60,000 --
Haughn Properties Llc $47,500 --
Hedman Glenn C $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jervis Carl $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $37,000 -2.6% --
07/18/2023 07/18/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $38,000 -10.6% --
02/23/2023 02/23/23 For Sale $42,500 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $502 $29,512 $29,512 --
2024 $502 $34,267 $34,267 --
2023 $338 $15,649 $0 $0
2022 $268 $14,226 $0 $0
2021 $206 $14,000 $14,000 $0
2020 $201 $14,600 $14,600 $0
2019 $186 $13,181 $13,181 $0
2018 $180 $13,181 $13,181 $0
2017 $155 $10,013 $10,013 $0
2016 $136 $8,030 $8,030 $0
2015 $133 $8,004 $8,004 $0
2014 -- $8,004 $8,004 $0
2013 -- $7,083 $7,083 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Marian Faulkner

    Century 21 Sunbelt Realty

    (239) 314-4067

    61 in this area

    85 Total Sales

    Marian Faulkner
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    John Faulkner

    Century 21 Sunbelt Realty

    (239) 314-4628

    71 in this area

    91 Total Sales

    John Faulkner
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223014404

Florida Gulf Coast Multiple Listing Service

APN: 28-44-22-05-0000E.0100

Florida Lee County 33922

5438 Avenue E, FL

Not Listed for Sale

Lots

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 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.