NOT LISTED FOR SALE

5441 Martin Cove Bokeelia, FL 33922

Estimated Value: $84,000 - $478,000

1.67 Acres
$134,930 Price per Acre
72,745 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $20,000

Est. 1,033% increase in value since last sale

Current estimated payment $1,355/month

255 Days on Market

Highlights

  • Lake Front
  • 1.67 Acre Lot
  • Oversized Lot
  • Cape Coral High School Rated A-

About This Lot

As of September 2020

This is a great lakefront lot in a quiet Bokeelia neighborhood. Build your vacation/retirement home here and enjoy unmatched open water view across the lake of birds and other wildlife. If you are looking for a place away from the hustle and bustle for peaceful relaxation, this is it.

Last Agent to Sell the Property

Mike Faulkner

John R. Wood Properties License #258000918 Listed on: 12/03/2019

John R. Wood Properties

Co-Listed By

Brian Faulkner

John R. Wood Properties License #358000525

Last Buyer's Agent

Doug Stokes

Property Details

Property Type

  • Land

Lot Details

  • 1.67 Acre Lot
  • Lot Dimensions are 309 x 127 x 303 x 148
  • Lake Front
  • East Facing Home
  • Oversized Lot
  • Irregular Lot
  • Property is zoned RS-1

Property Views

  • Lake Views

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 7
  • Assessor Parcel Number 21-44-22-00-00007.0150

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 1.67
  • Lot Size: 309 x 127 x 303 x 148
  • Co List Office Mls Id: FPIR
  • Co List Office Phone: (239) 283-1028
  • Subdivision Name: METES AND BOUNDS
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: See Remarks
  • Utilities: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 21-44-22-00-00007.0150
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 748.0
  • Tax Block: 7
  • Tax Lot: 15
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Aug 28, 2020
Sold by
Morrison Vicki L and Morrison Richard L
Bought by
Equity Trust Company
Seller's Agent
Mike Faulkner
John R. Wood Properties
Buyer's Agent
Doug Stokes
List Price
$99,000
Sold Price
$20,000
Premium/Discount to List
-$79,000
-79.8%
Current Estimated Value
$226,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,667
Avg. Annual Appreciation
48.63%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Morrison Richard L and Morrison Vicki L
Bought by
Brackney Terry N and Brackney Linda A

Purchase Details

Closed on
Jun 9, 2015
Sold by
Brackney Terry N and Brackney Linda A
Bought by
Morrison Richard L and Morrison Vicki L

Purchase Details

Closed on
Apr 20, 2015
Sold by
Morrison Richard L and Morrison Vicki L
Bought by
Brackney Terry N and Brackney Linda A

Purchase Details

Closed on
Aug 29, 2014
Sold by
Brady Gregory K and Igras Susan M
Bought by
Morrison Richard L and Morrison Vicki L

Purchase Details

Closed on
May 26, 1995
Sold by
Hunt Kenneth R and Passannante Louis
Bought by
Brady Gregory K and Igras Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Equity Trust Company $20,000 Attorney
Brackney Terry N $20,000 Attorney
Morrison Richard L $85,000 Attorney
Brady Gregory K $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Gregory K $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $20,000 -79.8% --
08/15/2020 08/15/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $99,000 -- --
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 $1,365 $61,318 -- --
2023 $922 $55,744 $0 $0
2022 $781 $46,069 $46,069 $0
2021 $712 $46,069 $46,069 $0
2020 $720 $46,069 $46,069 $0
2019 $735 $46,069 $46,069 $0
2018 $748 $46,069 $46,069 $0
2017 $767 $46,069 $46,069 $0
2016 $780 $46,069 $46,069 $0
2015 $765 $46,069 $46,069 $0
2014 -- $143,872 $143,872 $0
2013 -- $110,577 $110,577 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Faulkner

    John R. Wood Properties

    (239) 323-9768

    104 in this area

    203 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Brian Faulkner

    John R. Wood Properties

    (239) 345-4775

    81 in this area

    180 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Doug Stokes

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219079794

Florida Gulf Coast Multiple Listing Service

APN: 21-44-22-00-00007.0150

Florida Lee County Bokeelia 33922

5441 Martin Cove, Bokeelia, FL

This home is located at 5441 Martin Cove, Bokeelia, FL 33922 since 03 December 2019 and is currently estimated at $225,333. 5441 Martin Cove is a home located in Lee County with nearby schools including Pine Island Elementary School, Trafalgar Middle School, and Gulf Middle School.

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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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